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Title: WeChat fake and exchange war Post by: Daltonik on January 15, 2021, 09:11:20 AM A video appeared on WeChat showing an order to sell 21 million BTC on Binance, which provoked exchanges of Binance, Huobi and OKEx to exchange claims, writes CoinDesk.
Quote from: https://www.coindesk.com/cex-lies-and-videotape-binance-accuses-rivals-of-fighting-dirty "While many U.S. crypto exchanges are using the latest bull run to spruce themselves up in hopes of impressing institutional investors and regulators, China’s so-called “Big Three” centralized crypto exchanges (CEX) – Binance, Huobi and OKEx – are slinging mud at each other. The latest flap is over a bogus video that purports to show a single sell order of 21 million bitcoin (BTC, -0.73%) on Binance on Jan. 4. The clip went viral last week on WeChat, a popular China-based social media platform." https://i.ibb.co/C0KDSgV/2021-01-15-135715.jpg (https://ibb.co/C0KDSgV) Blockchain analysts at CipherTrace and CryptoQuant have denied placing such an order on the platform. According to the Bitcoin emission schedule, 21 million BTC will be mined by 2140. Co-founder and chief marketing officer of Binance Yi He saw the intrigues of competitors in the appearance of the fake video: Code: "I wasn’t going to answer because I thought no one would believe it. Considering how our competitors have done by posting it in every group chat, I just wanted to express my appreciation to them." Title: Re: WeChat fake and exchange war Post by: DapanasFruit on January 15, 2021, 09:19:30 AM What is new? These days it can be so easy to create viral fake news. Well, had it not been given enough life of its own I am sure that fake news will just die a natural die without seeing the light of day but since some people may have picked it up then it got the attention of many more people. How can you order Bitcoin in that volume when there can be no such availability? Anyway, this can be a good source of entertainment which can be adding to Bitcoin's buzz.
Title: Re: WeChat fake and exchange war Post by: Husires on January 15, 2021, 01:41:05 PM If we assume that this video is correct:
It is a sale order in binance that can be canceled with a single click, and it is not a bitcoin problem that requires a quick update with a hard fork. If we assume that this video is fake: We do not have to worry about it because it is a fake video and means that someone who wants to create panic or attract some likes or views. |
