2023-09-21



Crypto con games

  • Shows the depth of the BTC "market": Alameda lost tens of millions because of a fat fingering mistake

    Well, on October 21 2021, an Alameda trader's finger slipped. Rather than selling BTC at the current market price, they sold it for pennies on the dollar. The result was immediate. The price of BTC shot from a high of $65k to as low as $8k on some venues, only to be quickly restored by arbitrageurs.

    Alameda's losses on the fat-finger trade were staggering - on the order of tens of millions. But because it had been an honest mistake, there wasn't much to do except to implement additional sanity checks for manual trades. And that's what we did.

  • The NSA Invented Bitcoin? | Hacker News

  • 95% of NFTs now worthless, say researchers