Wednesday, 31 August 2022

Crypto.com Mistakenly Sent $10.5 Million to Client Instead of a $100 Refund

Crypto.com Mistakenly Sent $10.5 Million to Client Instead of a $100 Refund

Crypto.com

According to 7News, two Melbourne women, Manivel Thevamanogari and her sister Gangadory Thevamanogari got a AUD$10.5 million deposit from Singaporean cryptocurrency exchange Crypto.com after the latter made an error in giving a AUD$100 refund. An employee reportedly inserted an account number in the payment box instead of the return amount, resulting in an incorrect transfer to their bank account. According to court filings, the beneficiary utilized a portion of the monies to purchase a lavish property shortly after receiving them.

The event happened in May 2021 but was not noticed until a December 2021 yearly ...

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OpenSea Turns Into NFT Ghost-Town After Volume Downs 99% In 3 Months

OpenSea Turns Into NFT Ghost-Town After Volume Downs 99% In 3 Months

A continuing debt issue at lending platform BendDAO raises the prospect of the NFT bubble imploding. As concerns about a potential market bubble mount, daily volumes on OpenSea, the world's most significant nonfungible token (NFT) marketplace, have dropped significantly.

OpenSea Volume Plummets to Yearly Lows

Notably, the marketplace executed about $5 million in NFT transactions on August 28 — roughly 99% less than its record high of $405.75 million on May 1. The precipitous decreases in daily quantities coincided with equally sharp drops in OpenSea users and transactions, implying that the value and interest in blockchain-based ...

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Pt. 1 - Orange Pilled By Bitcoin Beach, Joining Strike in El Salvador, Housing for Families With Bitcoin with Renato Salazar of New Story

Pt. 1 - Orange Pilled By Bitcoin Beach, Joining Strike in El Salvador, Housing for Families With Bitcoin with Renato Salazar of New Story submitted by /u/bitrefill
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Adam Back is going to have sleepless nights (again)

Adam Back is going to have sleepless nights (again) submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/x1q7au/adam_back_is_going_to_have_sleepless_nights_again/