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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (193526)	11/13/2022 6:06:39 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217603

under the apparently dire circumstances CSPR doing quite well, so far, knock wood, and all appendages crossed or twisted I am making light of the situation because I believe CSPR shall be more than okay, and should it fall to ICO pricing for more than a day (time to get funds into Coinlist), buy more I do not hold any 'stable coins' and so cannot move faster than a day OTOH, I cannot be FTX-ed again do not have more than $3 at any exchange

To: maceng2 who wrote (193526)	11/13/2022 4:27:29 PM
From: TobagoJack	Respond to of 217603

right now the weak spots of blockchain anything is not only the technology itself, but also the people people always an issue until / unless decentralisation done-completely-done tech must go enterprise-grade, but not-military grade basic rule, when transferring crypto, always do a tiny amount first, and not do a Crypto.com bloomberg.com Crypto.com Recovers $400 Million After Misplaced Ether Transfer Transfer accounts for more than 80% of exchange’s Ether pile Crypto.com was trying to move funds to cold storage, CEO says Emily Nicolle 13 November 2022 at 19:15 GMT+8 Sign up for our new Crypto newsletter and follow @crypto Twitter for the latest news. Crypto.com said it recovered almost $400 million in cryptoasset Ether from Asian exchange Gate.io, after it accidentally transferred the funds to the wrong account. The company was supposed to move 320,000 in Ether to a new cold storage address -- a type of offline wallet -- but the funds were sent instead “to a whitelisted external exchange address,” Crypto.com Chief Executive Officer Kris Marszalek said on Twitter. Crypto.com’s initial Oct. 21 transfer represented more than 80% of the exchange’s total Ether holdings, according to a partial proof of reserves providedby Marszalek on Nov. 11. A spokesperson for the company said the Gate.io address was a corporate account that belonged to Crypto.com, and that the entirety of the Ether was “successfully withdrawn over the following days” after Gate.io increased its daily withdrawal limits. Crypto.com’s website says all of its users’ funds are held in cold storage, while so-called hot wallet usage is solely for corporate assets. The spokesperson declined to clarify whether user funds were involved in the transfer. The error comes after Crypto.com mistakenly sent about A$10.5 million ($7 million) to a woman in Melbourne last year, when an account number was accidentally entered into the payment field. The cryptocurrency industry has come under intense scrutiny in recent days following the collapse of rival exchange FTX.com, prompting greater focus on firms’ internal labeling and risk management procedures. Crypto companies have sought to ease user concerns by promising to publish audits on their reserves in the coming days. “We worked with Gate team and the funds were subsequently returned to our cold storage. New process and features were implemented to prevent this from reoccurring,” Marszalek added in his tweet. All funds were returned. We have single digit USD million balance on Gate as of now. — Kris \| Crypto.com (@kris) November 13, 2022 Gate.io founder Lin Han said on Twitter that its own proof of reserves audit was based on a snapshot taken two days before Crypto.com’s accidental deposit. Originally based in China, Gate.io later shifted its home to the Cayman Islands. It operates a separate US exchange. — With assistance by Joanna Ossinger