Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
The prominent NFT project is on the verge of parting with a significant portion of its treasury as disillusioned investors prepare to make their exit.
Prosecutors reported that they successfully resolved the majority of Bankman-Fried's laptop problems with assistance from the defense earlier this week. Meanwhile, the defense remains steadfast in their pursuit of a "temporary release."
However, those who buy and sell cryptos, or who have ever transferred their holdings to another person, using wallet addresses, know just how easy it is to make a mistake and send it to the wrong place. In fact, many exchanges realize a huge chunk of their revenue stream and earnings as the result of people mistakenly sending crypto.
For example, if you have a list of addresses and you try to copy one address but accidentally copy another, then you might accidentally send it to a wrong, but valid, address. If this happens, the transaction is irreversible.
The thought of sending bitcoin to the wrong address can be scary, even for experienced bitcoiners. Losing your bitcoin by sending it to the wrong address is not as common as you might think, but it’s a mistake anyone can make – so it is important to take measures to prevent it from happening.
If your crypto asset is on the wrong network, it won’t be operable for any purpose it serves. For instance, if you send Ether to BSC, it won’t work with DApps, NFTs, and smart contracts.
I explained how to recover crypto coins sent to wrong Binance's address and also how to get back your coins, if you sent an ...
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