Binance hasn’t REcovered $6B+, it’s COVERING it (reimbursing customers from company funds). Some was frozen, but Binance is not likely to recover even half.
Bad headlines like this are a big part of why I started covering crypto. Generalist reporters on deadline far too often end up repeating company spin.
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![Tweet by Binance @binance Oct 30 Binance has begun [begun highlight] recovering [end highlight] affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms and industry partners to trace, freeze and recover additional funds. The company has already publicly committed to cover losses through company funds in the prior announcement. [begin highlight] Binance has already reserved over $6.34B of company funds to cover this incident. [end highlight] $5B of these funds are already held in the exact token assets that were impacted. We are completing the purchase of the remaining amount by buying token assets through market channels and OTC channels. We are doing this to match the format of the remaining token assets and address any asset shortfalls. This step can take longer because some tokens may have low liquidity and OTC settlement also takes time. We will share more progress as soon as we can. These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification. Currently, $3bn has been frozen, with thanks to our industry partners. We are working with partners and law enforcement to recover the frozen assets.We will continue to use company resources to cover confirmed shortfall and will provide further verified updates as recovery efforts progress. Ultimately, all user funds will be ve](https://media.hachyderm.io/media_attachments/files/117/541/984/429/284/706/original/9ac9ff3196abe39f.png)
@molly0xfff ...and seems resumption of redemptions is in full swing mode.....was it $3.5 billion-ish I just read has been redeemed today??
do you think the developer of this genAI slop game even considered for a moment what it would mean if the diameter of the earth was 2 kilometers
and also why you can see the entire earth in the corner of this picture that's supposedly someone mining towards the earth's core
ok
unremarkable how ready the cops are to shoot children.
#Monsterdon #VillageOfTheDamned1995
scops
boosted
"Your job has fundamentally changed. It is no longer to write code, and LLMs are not here to help you write better code faster. Your job is to help the LLM write better code faster."
AI psychosis is real.
@ai6yr
"I do have sort of a reputation around town, They call me 'the toast guy'"
I know Canadians are polite but I think he probably has another name or two also
Like "That guy who's house always gets egged"
"The only thing we can do"
Hollywood Explosion Sequence
#Monsterdon #VillageOfTheDamned1995
Crazypedia won't Comply 🧿
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@strangefour it really does not look good, it should not have been lit #Monsterdon
Crazypedia won't Comply 🧿
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Oh we get a better look at the alien hybrid baby prop. Wow it does not look good. And being in a round tank just makes it look worse.
#Monsterdon #VillageOfTheDamned1995
In a blow to Elon Musk’s vaporware pronouncements, Google’s head of data-center energy says putting data centers in space could cost up to 100x more than building them on Earth.
😬
@carnage4life Musk just makes things up on the spur of the moment. He isn't well educated, he's lazy and doesn't do his homework. He was in the right place at the right time. But he's not a strategic thinker, he just throws things at walls to see what sticks. How much money and time has he wasted. More fool anyone who thinks he really knows what he's doing. He's lucky and good at PR to the gullible. Period.
The trouble with watching media is it's mostly designed to pad out 30 minutes with 8 minutes of ads, so everything's paced like shit.
I want The Scary Door versions of everything, but at like 2x playback speed.
https://www.youtube.com/watch?v=B5oGJTUpbpA
But then I have another 23 hours of the day to fill. So now I need more media, or more padding. Or more naps.
Futurama -The Scary Door compilation
YouTube
Oh we get a better look at the alien hybrid baby prop. Wow it does not look good. And being in a round tank just makes it look worse.
#Monsterdon #VillageOfTheDamned1995
@strangefour it really does not look good, it should not have been lit #Monsterdon
@lightweight @strypey I can't read that - CloudFlare says it times out. I respected Beck briefly at the beginning, but not for a while now.
@richardh yeah, for me, too. Damn, that was my go-to article every time I heard anyone extolling the virtues of RocketLab... you can see it here: https://web.archive.org/web/20210613111313/https://northandsouth.co.nz/2021/03/14/rocket-lab-military/ @strypey
🤔
CBC: Sask. man gives out burnt toast on Halloween
‘Toast man’ Mike Kesslar tells The National why he gives out burnt toast to children trick or treating at his house in Swift Current, Saskatchewan on Halloween.
@ai6yr
"I do have sort of a reputation around town, They call me 'the toast guy'"
I know Canadians are polite but I think he probably has another name or two also
Like "That guy who's house always gets egged"
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lain
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@icedquinn it's not worth it tbh, but like anything works as long as your grok bots or whatever can access it. that's why i just use code server since these things are being tuned to click around webpages
@hongminhee This is so cool, did you make it?
@dansup No, @sabrinkmann made it! See also https://hachyderm.io/@sabrinkmann/117540457099069350!
@ai6yr I don't know man, a toaster running at 1500W or more all night long might be more expensive than just buying candy. lol.
