However, the glitch revealed a systemic vulnerability of centralized exchanges: internal balances exist only as database entries and can participate in trading even without on-chain backing.
Such an architectural problem is typical for all CEX and persists until funds are withdrawn to the blockchain.
@DeCenterOrg
Please open Telegram to view this post
VIEW IN TELEGRAM
Now the company holds 714 644 BTC.
@DeCenterOrg
Please open Telegram to view this post
VIEW IN TELEGRAM
The funds were directed towards partial repayment of a BTC-backed debt, the decision was approved by the board of directors after reviewing market conditions.
After the transaction, the company's balance sheet retained 3 645 BTC.
@DeCenterOrg
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
In the long term, he allows for radical scenarios such as mind uploading or the merging of humans with AI, and in the short term — more grounded ideas, but ones requiring deep rethinking.
In this vision, Ethereum plays an important but not central role, remaining part of a broader picture.
@DeCenterOrg
Please open Telegram to view this post
VIEW IN TELEGRAM
DEX trading volume reached $2.6 trillion against Coinbase's $1.4 trillion, while the HYPE token grew by 31% since the beginning of the year amidst a 27% drop in the company's stock.
@DeCenterOrg
Please open Telegram to view this post
VIEW IN TELEGRAM
@DeCenterOrg
Please open Telegram to view this post
VIEW IN TELEGRAM
Previously, this same trader has already lost over $6.6 million in SOL operations.
@DeCenterOrg
Please open Telegram to view this post
VIEW IN TELEGRAM
The fraudsters demonstrated "profit growth", and then blocked access to the funds and demanded an additional contribution, after which a criminal case was initiated under the article "Fraud".
@DeCenterOrg
Please open Telegram to view this post
VIEW IN TELEGRAM
🇮🇱 Israel's crypto industry seeks regulatory easing, stating that reforms could bring up to $38 billion to the economy and create around 70 000 jobs by 2035.
Industry representatives note high public demand for the liberalization of rules for stablecoins, tokenization, and tax accounting, but point to bank resistance and tax barriers as a key problem.
@DeCenterOrg
Industry representatives note high public demand for the liberalization of rules for stablecoins, tokenization, and tax accounting, but point to bank resistance and tax barriers as a key problem.
@DeCenterOrg
⚡️ Russian authorities have decided to start work on slowing down the operation of the Telegram messenger in Russia.
Connect VPN, to stay connected.
Connect VPN, to stay connected.
🇷🇺 In Russia, rules for the arrest and seizure of cryptocurrency in criminal cases have been approved — it has been officially recognized as property.
During seizure, the type of asset, quantity, and addresses will be recorded, and access credentials and devices will be stored sealed; if possible, the crypto can be transferred to a special state address.
The law will come into force 10 days after publication.
@DeCenterOrg
During seizure, the type of asset, quantity, and addresses will be recorded, and access credentials and devices will be stored sealed; if possible, the crypto can be transferred to a special state address.
The law will come into force 10 days after publication.
@DeCenterOrg
🇪🇺 The European Union plans to impose sanctions against two banks from Kyrgyzstan for cryptocurrency operations, which, according to its version, were used to work with Russian clients.
If approved, they will be prohibited from any operations with EU companies and citizens, similar measures may affect banks in Laos and Tajikistan.
Also, the sanctions package expands restrictions against Russian banks and crypto platforms.
@DeCenterOrg
If approved, they will be prohibited from any operations with EU companies and citizens, similar measures may affect banks in Laos and Tajikistan.
Also, the sanctions package expands restrictions against Russian banks and crypto platforms.
@DeCenterOrg
❌ The European Union proposes to introduce a complete ban on all cryptocurrency operations in crypto related to Russia
@DeCenterOrg
@DeCenterOrg
🔮 Polymarket announced a partnership with Kaito AI and the launch of "attention markets" — users will be able to bet on public sentiment around trends, brands, and public figures based on data from social networks.
@DeCenterOrg
@DeCenterOrg