吃货不怕胖
520 Posts
吃货不怕胖
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Block User
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Frequent Trader
6.9 Years
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I’ll use the high before the news was published as a reference line: holding above it is a sign of strength; falling below it is a sign of weakness.
For example, a whale transferred 10 million POL to Binance. If sold, the tokens would be at a loss of nearly $400,000.
I’ll compare trading volume with the previous few days to see whether anything has really changed.
$POL , up 0.91% on the day.
Markets can change in an instant. Please make your own judgment.
I’ll use the high before the news was published as a reference line: holding above it is a sign of strength; falling below it is a sign of weakness.
For example, a whale transferred 10 million POL to Binance. If sold, the tokens would be at a loss of nearly $400,000.
I’ll compare trading volume with the previous few days to see whether anything has really changed.
$POL , up 0.91% on the day.
Markets can change in an instant. Please make your own judgment.
For example, a whale transferred 10 million POL to Binance. If sold, the tokens would be at a loss of nearly $400,000.
I’ll compare trading volume with the previous few days to see whether anything has really changed.
$POL , up 0.91% on the day.
Markets can change in an instant. Please make your own judgment.
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Market notes: The current funding rate for $MAGIC is -0.0711% (settled every 4 hours), so shorts pay.
Short sellers are paying the toll; I’m just here to listen in.
For a bit of serious educational info: funding is calculated by multiplying the position’s notional value by the rate. For a position with a notional value of 10,000 U, a rate of 0.01% means a payment of 1 U per interval.
Sizing your position based on where you place your stop-loss is much more reliable than just guessing.
#MAGIC
Volatility is high, so manage your leverage carefully.
Market notes: The current funding rate for $MAGIC is -0.0711% (settled every 4 hours), so shorts pay.
Short sellers are paying the toll; I’m just here to listen in.
For a bit of serious educational info: funding is calculated by multiplying the position’s notional value by the rate. For a position with a notional value of 10,000 U, a rate of 0.01% means a payment of 1 U per interval.
Sizing your position based on where you place your stop-loss is much more reliable than just guessing.
#MAGIC
Volatility is high, so manage your leverage carefully.
Short sellers are paying the toll; I’m just here to listen in.
For a bit of serious educational info: funding is calculated by multiplying the position’s notional value by the rate. For a position with a notional value of 10,000 U, a rate of 0.01% means a payment of 1 U per interval.
Sizing your position based on where you place your stop-loss is much more reliable than just guessing.
#MAGIC
Volatility is high, so manage your leverage carefully.
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🐋 Are the big players unloading $GRIFFAIN ?
Down 4.06% in 5 minutes, with 24-hour trading volume at $14.69 million. A drop this fast probably means concentrated selling.
The decline isn't too sharp—let's see whether buyers step in at lower levels.
If the trend reverses later, how will you respond?
Crypto assets are volatile, so use leverage cautiously.
🐋 Are the big players unloading $GRIFFAIN ?
Down 4.06% in 5 minutes, with 24-hour trading volume at $14.69 million. A drop this fast probably means concentrated selling.
The decline isn't too sharp—let's see whether buyers step in at lower levels.
If the trend reverses later, how will you respond?
Crypto assets are volatile, so use leverage cautiously.
Down 4.06% in 5 minutes, with 24-hour trading volume at $14.69 million. A drop this fast probably means concentrated selling.
The decline isn't too sharp—let's see whether buyers step in at lower levels.
If the trend reverses later, how will you respond?
Crypto assets are volatile, so use leverage cautiously.
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Just came across this: Binance saw a net outflow of 909 million USDT over the past 24 hours.
Honestly, after being in crypto for this long, the biggest thing I’ve learned is: don’t let a single piece of news sway you.
A setback in sentiment doesn’t mean the trend has turned bad. The key is whether support holds.
$BNB is currently at 744.75.
#BNB
Stay rational; don’t get carried away.
Just came across this: Binance saw a net outflow of 909 million USDT over the past 24 hours.
Honestly, after being in crypto for this long, the biggest thing I’ve learned is: don’t let a single piece of news sway you.
A setback in sentiment doesn’t mean the trend has turned bad. The key is whether support holds.
$BNB is currently at 744.75.
#BNB
Stay rational; don’t get carried away.
Honestly, after being in crypto for this long, the biggest thing I’ve learned is: don’t let a single piece of news sway you.
A setback in sentiment doesn’t mean the trend has turned bad. The key is whether support holds.
$BNB is currently at 744.75.
#BNB
Stay rational; don’t get carried away.
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A chat with NEAR founder Illia:
The NEAR mainnet launched in April 2020, initially operating in a restricted mode.
Easy-to-remember account names reduce the chance of mistyping an address, but you should still verify the full account name before transferring. Impersonator names exist too.
$NEAR 4.987 (+7.62%)
#NEAR
This article is for informational purposes only and does not constitute investment advice.
A chat with NEAR founder Illia:
The NEAR mainnet launched in April 2020, initially operating in a restricted mode.
Easy-to-remember account names reduce the chance of mistyping an address, but you should still verify the full account name before transferring. Impersonator names exist too.
$NEAR 4.987 (+7.62%)
#NEAR
This article is for informational purposes only and does not constitute investment advice.
The NEAR mainnet launched in April 2020, initially operating in a restricted mode.
Easy-to-remember account names reduce the chance of mistyping an address, but you should still verify the full account name before transferring. Impersonator names exist too.
$NEAR 4.987 (+7.62%)
#NEAR
This article is for informational purposes only and does not constitute investment advice.
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Finally starting to get somewhere — I’ve mined 0.45 $ACU on my phone so far.
What’s worth paying attention to is the entire @Acurast ecosystem and its vision. It’s definitely more than just phone mining ⛏️
Put simply, the ACU you mine is just your ticket in. What’s truly valuable is how it redefines the role of the “phone.”
It sees phones as compute nodes, not mining rigs. And this isn’t just about running random scripts: computations on every phone run inside a TEE (Trusted Execution Environment), so results can be verified and data kept confidential. That’s a real difference. A typical mining network can only prove “I did some work.” Acurast can prove “this computation was done correctly, and nobody snooped on it.”
At its core, then, it’s a compute network wearing a mining costume. Developers can deploy serverless workloads directly onto it — REST APIs, webhooks, LLM inference, confidential data processing, and more. They pay for compute, and both ACU and USDC are accepted. The fact that people are willing to pay for compute carries far more weight than mining rewards.
And this isn’t just a PowerPoint pitch. Around 300,000 compute units are already connected worldwide, across more than 175 countries. The team says it’s the most decentralized verifiable compute network in existence.
Zooming out, it’s taking aim at the cloud market. Compute is increasingly concentrated in the hands of a few companies, and the AI boom is pushing demand even higher. Acurast’s answer is to put a different set of machines to work: instead of building more data centers, use the devices that are most abundant around the world and already come with hardware-level security — phones. The team calls this “Cloud Rebellion.”
In the overall design, mining is more like a “supply-side cold start”: first, use rewards to bring hundreds of thousands of devices onto the network. Once paid workloads start coming in, the network can really get moving.
At that point, phones won’t be mining coins — they’ll be nodes in the global compute market.
Finally starting to get somewhere — I’ve mined 0.45 $ACU on my phone so far.
What’s worth paying attention to is the entire @Acurast ecosystem and its vision. It’s definitely more than just phone mining ⛏️
Put simply, the ACU you mine is just your ticket in. What’s truly valuable is how it redefines the role of the “phone.”
It sees phones as compute nodes, not mining rigs. And this isn’t just about running random scripts: computations on every phone run inside a TEE (Trusted Execution Environment), so results can be verified and data kept confidential. That’s a real difference. A typical mining network can only prove “I did some work.” Acurast can prove “this computation was done correctly, and nobody snooped on it.”
At its core, then, it’s a compute network wearing a mining costume. Developers can deploy serverless workloads directly onto it — REST APIs, webhooks, LLM inference, confidential data processing, and more. They pay for compute, and both ACU and USDC are accepted. The fact that people are willing to pay for compute carries far more weight than mining rewards.
And this isn’t just a PowerPoint pitch. Around 300,000 compute units are already connected worldwide, across more than 175 countries. The team says it’s the most decentralized verifiable compute network in existence.
Zooming out, it’s taking aim at the cloud market. Compute is increasingly concentrated in the hands of a few companies, and the AI boom is pushing demand even higher. Acurast’s answer is to put a different set of machines to work: instead of building more data centers, use the devices that are most abundant around the world and already come with hardware-level security — phones. The team calls this “Cloud Rebellion.”
In the overall design, mining is more like a “supply-side cold start”: first, use rewards to bring hundreds of thousands of devices onto the network. Once paid workloads start coming in, the network can really get moving.
At that point, phones won’t be mining coins — they’ll be nodes in the global compute market.
What’s worth paying attention to is the entire @Acurast ecosystem and its vision. It’s definitely more than just phone mining ⛏️
Put simply, the ACU you mine is just your ticket in. What’s truly valuable is how it redefines the role of the “phone.”
It sees phones as compute nodes, not mining rigs. And this isn’t just about running random scripts: computations on every phone run inside a TEE (Trusted Execution Environment), so results can be verified and data kept confidential. That’s a real difference. A typical mining network can only prove “I did some work.” Acurast can prove “this computation was done correctly, and nobody snooped on it.”
At its core, then, it’s a compute network wearing a mining costume. Developers can deploy serverless workloads directly onto it — REST APIs, webhooks, LLM inference, confidential data processing, and more. They pay for compute, and both ACU and USDC are accepted. The fact that people are willing to pay for compute carries far more weight than mining rewards.
And this isn’t just a PowerPoint pitch. Around 300,000 compute units are already connected worldwide, across more than 175 countries. The team says it’s the most decentralized verifiable compute network in existence.
Zooming out, it’s taking aim at the cloud market. Compute is increasingly concentrated in the hands of a few companies, and the AI boom is pushing demand even higher. Acurast’s answer is to put a different set of machines to work: instead of building more data centers, use the devices that are most abundant around the world and already come with hardware-level security — phones. The team calls this “Cloud Rebellion.”
In the overall design, mining is more like a “supply-side cold start”: first, use rewards to bring hundreds of thousands of devices onto the network. Once paid workloads start coming in, the network can really get moving.
At that point, phones won’t be mining coins — they’ll be nodes in the global compute market.
1
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It’s Saturday. Crypto doesn’t take a day off, but your hands can: A weekend survival guide for BTC above 82K
Happy Saturday. First, a quick price check: Binance data shows $BTC currently at $82,618, up 1.06% in 24 hours, after reaching an intraday high of $83,528; $ETH is at $2,490, up 0.50%; and $SOL is at $109, up 0.27%. After Friday’s hammer blow, the market has held steady over the weekend, with volatility noticeably narrowing.
There’s a saying I’ve always liked: “In a bull market, patience; in a bear market, wait; in a ranging market, do nothing.” Weekend liquidity is thin, and a sudden wick is more likely to shake you out of your position. So today, rather than discuss market direction, let’s cover three easy but useful things:
1) Reduce your leverage. Weekend price swings can be amplified, and with the same position size, sudden wicks are more likely than on weekdays.
2) BTC’s key level is still 80,000—the dividing line between bulls and bears this week, and an area where previous lows are clustered. If it holds, the market may continue grinding within the 80K–84K range; if the daily close falls below 80K, the next levels to watch are 76K–78K.
3) Keep an eye on 2,400 for $ETH and 105 for $SOL . No need to call a bottom before those levels break; there’s no rush to act before the market gives a signal.
The market will always be here, but a relaxing weekend isn’t guaranteed every time. The above is only my personal opinion and does not constitute investment advice. While checking the charts, you can also take a look at $BTC $ETH $SOL.
It’s Saturday. Crypto doesn’t take a day off, but your hands can: A weekend survival guide for BTC above 82K
Happy Saturday. First, a quick price check: Binance data shows $BTC currently at $82,618, up 1.06% in 24 hours, after reaching an intraday high of $83,528; $ETH is at $2,490, up 0.50%; and $SOL is at $109, up 0.27%. After Friday’s hammer blow, the market has held steady over the weekend, with volatility noticeably narrowing.
There’s a saying I’ve always liked: “In a bull market, patience; in a bear market, wait; in a ranging market, do nothing.” Weekend liquidity is thin, and a sudden wick is more likely to shake you out of your position. So today, rather than discuss market direction, let’s cover three easy but useful things:
1) Reduce your leverage. Weekend price swings can be amplified, and with the same position size, sudden wicks are more likely than on weekdays.
2) BTC’s key level is still 80,000—the dividing line between bulls and bears this week, and an area where previous lows are clustered. If it holds, the market may continue grinding within the 80K–84K range; if the daily close falls below 80K, the next levels to watch are 76K–78K.
3) Keep an eye on 2,400 for $ETH and 105 for $SOL . No need to call a bottom before those levels break; there’s no rush to act before the market gives a signal.
The market will always be here, but a relaxing weekend isn’t guaranteed every time. The above is only my personal opinion and does not constitute investment advice. While checking the charts, you can also take a look at $BTC $ETH $SOL .
Happy Saturday. First, a quick price check: Binance data shows $BTC currently at $82,618, up 1.06% in 24 hours, after reaching an intraday high of $83,528; $ETH is at $2,490, up 0.50%; and $SOL is at $109, up 0.27%. After Friday’s hammer blow, the market has held steady over the weekend, with volatility noticeably narrowing.
There’s a saying I’ve always liked: “In a bull market, patience; in a bear market, wait; in a ranging market, do nothing.” Weekend liquidity is thin, and a sudden wick is more likely to shake you out of your position. So today, rather than discuss market direction, let’s cover three easy but useful things:
1) Reduce your leverage. Weekend price swings can be amplified, and with the same position size, sudden wicks are more likely than on weekdays.
2) BTC’s key level is still 80,000—the dividing line between bulls and bears this week, and an area where previous lows are clustered. If it holds, the market may continue grinding within the 80K–84K range; if the daily close falls below 80K, the next levels to watch are 76K–78K.
3) Keep an eye on 2,400 for $ETH and 105 for $SOL . No need to call a bottom before those levels break; there’s no rush to act before the market gives a signal.
The market will always be here, but a relaxing weekend isn’t guaranteed every time. The above is only my personal opinion and does not constitute investment advice. While checking the charts, you can also take a look at $BTC $ETH $SOL .
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Market Notes｜$KAIA
5 min +3.09%, 4h +13.33%, 24h +65.41%
It’s had a short-term rally, and more holders are now sitting on profits. The key question is how the market will absorb this supply next.
Save this and check back at the same time tomorrow to see how things have played out.
This is not investment advice of any kind. You assume all risk.
Market Notes｜$KAIA
5 min +3.09%, 4h +13.33%, 24h +65.41%
It’s had a short-term rally, and more holders are now sitting on profits. The key question is how the market will absorb this supply next.
Save this and check back at the same time tomorrow to see how things have played out.
This is not investment advice of any kind. You assume all risk.
5 min +3.09%, 4h +13.33%, 24h +65.41%
It’s had a short-term rally, and more holders are now sitting on profits. The key question is how the market will absorb this supply next.
Save this and check back at the same time tomorrow to see how things have played out.
This is not investment advice of any kind. You assume all risk.
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When the market starts moving, the plaza is likely to get lively again!
$US 5 minutes and it shot up 7.88%💥
After a rise, sellers usually emerge near resistance above. Whether it can break through in one go is something to watch.
#US
For reference only, not investment advice.
When the market starts moving, the plaza is likely to get lively again!
$US 5 minutes and it shot up 7.88%💥
After a rise, sellers usually emerge near resistance above. Whether it can break through in one go is something to watch.
#US
For reference only, not investment advice.
$US 5 minutes and it shot up 7.88%💥
After a rise, sellers usually emerge near resistance above. Whether it can break through in one go is something to watch.
#US
For reference only, not investment advice.
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Trending: There's fresh drama. Me: Which coin can this be linked to? Balance: Calm down first.
Today I saw “100T beats NS — post-match stats” and thought of $SAND in the GameFi sector.
The topic brings attention, but not necessarily money. What matters is whether trading volume follows.
#SAND
Just a note, not investment advice.
Trending: There's fresh drama. Me: Which coin can this be linked to? Balance: Calm down first.
Today I saw “100T beats NS — post-match stats” and thought of $SAND in the GameFi sector.
The topic brings attention, but not necessarily money. What matters is whether trading volume follows.
#SAND
Just a note, not investment advice.
Today I saw “100T beats NS — post-match stats” and thought of $SAND in the GameFi sector.
The topic brings attention, but not necessarily money. What matters is whether trading volume follows.
#SAND
Just a note, not investment advice.
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Crypto Basics | How do you choose between limit and market orders?
A limit order requires you to enter a price first: a buy order will only execute at your specified price or lower, while a sell order will only execute at your specified price or higher.
A market order trades price certainty for immediate execution. A limit order is the opposite: you control the price, but the order may not execute.
By the way: $BTC is trading at 83002.28 (24h +2.04%).
Don't bet all your savings on a single prediction.
This is just my personal opinion; don't treat it as a basis for buying or selling.
Crypto Basics | How do you choose between limit and market orders?
A limit order requires you to enter a price first: a buy order will only execute at your specified price or lower, while a sell order will only execute at your specified price or higher.
A market order trades price certainty for immediate execution. A limit order is the opposite: you control the price, but the order may not execute.
By the way: $BTC is trading at 83002.28 (24h +2.04%).
Don't bet all your savings on a single prediction.
This is just my personal opinion; don't treat it as a basis for buying or selling.
A limit order requires you to enter a price first: a buy order will only execute at your specified price or lower, while a sell order will only execute at your specified price or higher.
A market order trades price certainty for immediate execution. A limit order is the opposite: you control the price, but the order may not execute.
By the way: $BTC is trading at 83002.28 (24h +2.04%).
Don't bet all your savings on a single prediction.
This is just my personal opinion; don't treat it as a basis for buying or selling.
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“How to view OpenAI solving the four-dimensional Kakeya problem” is trending.
Other people check trending topics for gossip; I check them for market moves. In the end, I still only looked at the gossip.
$WLD 24h -3.42%. How long do you think this can last?
#WLD
DYOR, and only invest what you can afford.
“How to view OpenAI solving the four-dimensional Kakeya problem” is trending.
Other people check trending topics for gossip; I check them for market moves. In the end, I still only looked at the gossip.
$WLD 24h -3.42%. How long do you think this can last?
#WLD
DYOR, and only invest what you can afford.
Other people check trending topics for gossip; I check them for market moves. In the end, I still only looked at the gossip.
$WLD 24h -3.42%. How long do you think this can last?
#WLD
DYOR, and only invest what you can afford.
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Stop sleeping! Big moves are happening!
An address dumped 262 ETH, then opened a 40x short on BTC worth $25.4 million
This news is a bit old…$ETH Let’s see how the market reacts first. News that really matters usually gets discussed for days. Do you think this move is panic selling or a sign the trend has turned down?
#ETH
In a highly volatile market, manage your risk first.
Stop sleeping! Big moves are happening!
An address dumped 262 ETH, then opened a 40x short on BTC worth $25.4 million
This news is a bit old…$ETH Let’s see how the market reacts first. News that really matters usually gets discussed for days. Do you think this move is panic selling or a sign the trend has turned down?
#ETH
In a highly volatile market, manage your risk first.
An address dumped 262 ETH, then opened a 40x short on BTC worth $25.4 million
This news is a bit old…$ETH Let’s see how the market reacts first. News that really matters usually gets discussed for days. Do you think this move is panic selling or a sign the trend has turned down?
#ETH
In a highly volatile market, manage your risk first.
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Time for this meme trader to catch up on the news: TRON DeFi Summer S3 is underway, and the JST ecosystem participation window is now open.
The chart: I already know this news.
Me: I saw it too. The difference is, the price has already moved. Good news is often first hyped by short-term capital; only afterward does the real demand become clear.
$JST
#JST
How you trade is up to you—just sharing.
Time for this meme trader to catch up on the news: TRON DeFi Summer S3 is underway, and the JST ecosystem participation window is now open.
The chart: I already know this news.
Me: I saw it too. The difference is, the price has already moved. Good news is often first hyped by short-term capital; only afterward does the real demand become clear.
$JST
#JST
How you trade is up to you—just sharing.
The chart: I already know this news.
Me: I saw it too. The difference is, the price has already moved. Good news is often first hyped by short-term capital; only afterward does the real demand become clear.
$JST
#JST
How you trade is up to you—just sharing.
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It's taking off, guys! $BTW 1 hours +5%, current price 1.5223.
The first pullback after a rally is the most critical: a pullback on lower volume is still healthy, but be careful if it drops on higher volume.
#BTW
This is a compilation of public information; the original text should be treated as authoritative.
It's taking off, guys! $BTW 1 hours +5%, current price 1.5223.
The first pullback after a rally is the most critical: a pullback on lower volume is still healthy, but be careful if it drops on higher volume.
#BTW
This is a compilation of public information; the original text should be treated as authoritative.
The first pullback after a rally is the most critical: a pullback on lower volume is still healthy, but be careful if it drops on higher volume.
#BTW
This is a compilation of public information; the original text should be treated as authoritative.
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Stop sleeping! The market is moving!
Binance Alpha Box is live, and CLO and BTR airdrops are now open to claim.
$CLO is about to be listed on another platform! Before you can react, the same news can trigger completely different reactions in different market conditions. Do you think this move was driven by whales or retail traders?
#CLO
For documentation and sharing only—not investment advice.
Stop sleeping! The market is moving!
Binance Alpha Box is live, and CLO and BTR airdrops are now open to claim.
$CLO is about to be listed on another platform! Before you can react, the same news can trigger completely different reactions in different market conditions. Do you think this move was driven by whales or retail traders?
#CLO
For documentation and sharing only—not investment advice.
Binance Alpha Box is live, and CLO and BTR airdrops are now open to claim.
$CLO is about to be listed on another platform! Before you can react, the same news can trigger completely different reactions in different market conditions. Do you think this move was driven by whales or retail traders?
#CLO
For documentation and sharing only—not investment advice.
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✨ $FARTCOIN set a new 24-hour high of 0.1671, surpassing the previous high of 0.1653.
The bulls are starting to gain momentum! The biggest risk during a rally is going all in at the top. If you missed the move, will you wait for another opportunity?
#FARTCOIN
Just my personal take—may not be accurate. Use caution.
✨ $FARTCOIN set a new 24-hour high of 0.1671, surpassing the previous high of 0.1653.
The bulls are starting to gain momentum! The biggest risk during a rally is going all in at the top. If you missed the move, will you wait for another opportunity?
#FARTCOIN
Just my personal take—may not be accurate. Use caution.
The bulls are starting to gain momentum! The biggest risk during a rally is going all in at the top. If you missed the move, will you wait for another opportunity?
#FARTCOIN
Just my personal take—may not be accurate. Use caution.
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When good news comes, I worry about getting stuck at the top; when bad news comes, I worry about selling too soon. Basically, I can’t make up my mind.
It started with this: ETH futures open interest across all exchanges fell 5.18% in 24 hours.
$ETH 2492.87. Let’s wait and see if the project team has an explanation. Often, it’s the details that determine where things go.
#ETH
Data is from public sources. Please verify it yourself.
When good news comes, I worry about getting stuck at the top; when bad news comes, I worry about selling too soon. Basically, I can’t make up my mind.
It started with this: ETH futures open interest across all exchanges fell 5.18% in 24 hours.
$ETH 2492.87. Let’s wait and see if the project team has an explanation. Often, it’s the details that determine where things go.
#ETH
Data is from public sources. Please verify it yourself.
It started with this: ETH futures open interest across all exchanges fell 5.18% in 24 hours.
$ETH 2492.87. Let’s wait and see if the project team has an explanation. Often, it’s the details that determine where things go.
#ETH
Data is from public sources. Please verify it yourself.
9
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Today’s market-watching trivia: Pearl: Is it really possible to do AI inference and mine at the same time?
My reaction to breaking news has three stages: see it, get excited, calm down. This time, I spent quite a while at stage two.
The bullish or bearish implications aren’t clear enough; price action still follows the broader market.
$BTC currently 82506.01.
#比特币寿险公司Meanwhile融资3750万美元 #BTC
Whether to buy is up to you; I’m just sharing.
Today’s market-watching trivia: Pearl: Is it really possible to do AI inference and mine at the same time?
My reaction to breaking news has three stages: see it, get excited, calm down. This time, I spent quite a while at stage two.
The bullish or bearish implications aren’t clear enough; price action still follows the broader market.
$BTC currently 82506.01.
#比特币寿险公司Meanwhile融资3750万美元 #BTC
Whether to buy is up to you; I’m just sharing.
My reaction to breaking news has three stages: see it, get excited, calm down. This time, I spent quite a while at stage two.
The bullish or bearish implications aren’t clear enough; price action still follows the broader market.
$BTC currently 82506.01.
#比特币寿险公司Meanwhile融资3750万美元 #BTC
Whether to buy is up to you; I’m just sharing.
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📋 Trending in the Square: #BitcoinFallsBelow$81,000｜$BTC -1.29%
Popularity comes and goes quickly—keep up with the pace.
#IMFWaivesElSalvador'sBitcoinHoldingsLimit
This is not financial advice. Make your own decisions.
📋 Trending in the Square: #BitcoinFallsBelow$81,000｜$BTC -1.29%
Popularity comes and goes quickly—keep up with the pace.
#IMFWaivesElSalvador'sBitcoinHoldingsLimit
This is not financial advice. Make your own decisions.
Popularity comes and goes quickly—keep up with the pace.
#IMFWaivesElSalvador'sBitcoinHoldingsLimit
This is not financial advice. Make your own decisions.
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XRPLedgerPatchesXRPCreationBug
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#XRPLedgerPatchesXRPCreationBug
$XRP Ledger recently addressed a critical flaw that had persisted for a decade, potentially allowing for the creation of billions of dollars in $XRP , which could have undermined its fixed supply cap of 100 billion XRP.
The issue, identified in the payment engine's offer aggregation, dates back to 2015 and was discovered by researchers Cayden Liao and Veria AI.
It was reported through a bug bounty program on September 22 and was quietly resolved in version 3.4.1 of xrpld on September 25, bypassing the usual amendment vote for the first time in ten years.
The exploit functioned by enabling an attacker to open hundreds of accounts, each making small offers for large quantities of XRP.
A single payment could process all offers at once, resulting in an overflow of the total XRP owed, which would wrap to a much smaller number.
Consequently, sellers would receive full payment while the buyer would incur minimal costs, generating newly minted XRP that did not previously exist.
The ledger's supply verification utilized the same flawed calculations, allowing the exploit to go undetected. Additionally, the distribution across multiple accounts circumvented individual account limits.
The initial cost to set up this scheme was only a few hundred XRP in reserves and fees, most of which could be recouped. RippleX successfully reproduced the issue and confirmed that the counterfeit XRP was spendable.
On a positive note, there is no evidence that this exploit was ever utilized on the mainnet, and over 80% of validators upgraded promptly. Security is a key concern and this resolution is viewed positively for the long-term outlook of the $XRP Ledger.
#xrp #Ripple💰
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