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FatManTerra's profile
FatMan
FatMan
FatMan
@FatManTerra

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FatMan

@FatManTerra

FatMan from the Terra Research Forum I provide research, updates, and analysis on the Terra situation as it unfolds. Views are my own opinions.

fatmanterra.eth
Joined May 2022

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    1. FatMan‏ @FatManTerra Jun 13

      FatMan Retweeted CZ  🔶 Binance

      Not sure why no one has mentioned this, but Bitcoin doesn't work like that - it's not like Ethereum where transactions require an iterative nonce - you can spend inputs even if a transaction from the same address is stuck in the mempool. Some additional clarity would be nice...https://twitter.com/cz_binance/status/1536317704990208000 …

      FatMan added,

      CZ  🔶 BinanceVerified account @cz_binance
      Temporary pause of $BTC withdrawals on #Binance due to a stuck transaction causing a backlog. Should be fixed in ~30 minutes. Will update. Funds are SAFU.
      Show this thread
      55 replies 63 retweets 525 likes
      Show this thread
    2. FatMan‏ @FatManTerra Jun 13

      There are cases where this can happen if an exchange spends the entire hot wallet balance (one output to the user, the change amount back to themselves) - FTX does this sometimes - but I don't think Binance does this, so it doesn't make sense - unless they changed something

      6 replies 7 retweets 129 likes
      Show this thread
    3. FatMan‏ @FatManTerra Jun 13

      By the way, I'm just pointing out a detail in his wording that I found interesting. I do not think Binance is insolvent - nor do I think they will ever be insolvent - FTR, I think @cz_binance is in general an intelligent, honourable man. Withdrawals will be fine, give it a bit.

      22 replies 11 retweets 182 likes
      Show this thread
    4. This Tweet is unavailable.
      FatMan‏ @FatManTerra Jun 13
      Replying to @0xPinksock @cz_binance @TuckerCarlson

      I don't understand the reference, sorry, I don't follow American politics that much

      6:19 AM - 13 Jun 2022
      • 1 Like
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      0 replies 0 retweets 1 like

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