Investor │ Property Development│ Sales│ International Investment & Development
Dubai, United Arab Emirates
Joined November 2021
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PEPE will pump. No sellers 🤔
🚨 Binance just suffered a $6.3 BILLION crypto hack. And somehow, replacing the stolen money is turning into a problem of its own.
The exchange says it has already replaced 90% of the missing crypto, with the final 10% proving rather STUBBORN.
Why?
Some of the stolen tokens are so thinly traded that even Binance can't just throw hundreds of millions of dollars at the market and expect enough sellers to show up.
That's the rather uncomfortable part.
The world's largest crypto exchange has the money to cover the losses. But having the cash and actually finding enough of the right tokens are two VERY different things.
Binance says customers won't have to foot the bill.
Now comes the tricky business of making everyone whole without sending the prices of those remaining tokens through the roof.
Source: Reuters / Writer: Oliver
Can you send a 100 AED to my NBD @cz_binance I can’t get home from work because all my funds are on Binance. Will pay you back once we can withdraw. Thanks 🙏🏻
Even hackers want a bag of Pepe.
But seriously PEPE held up better than ETH and you aren’t holding it yet?
ETH deathcross will happen in the coming couple of weeks, do we rally into it or are the winds blowing too hard in the wrong way?
No emotion attached, what Trump said about the US controlling the strait of honduras is potentially bullish.
This week will close green and we will have one more leg up. Target 132 - 136k. Bear market starts in December.
Can we just say it, as soon as we saw the trader who had “100 percent win rate” we all knew he was going to be liquidated. The simulation isn’t even trying to be creative with the narrative anymore.
More like me when @cz_binance posts about Crypto I’m holding.
