coinpet
111 Posts
coinpet
Report
Block User
Open Trade
ONDO Holder
Frequent Trader
3.5 Years
5 Following
135 Followers
192 Liked
Posts
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Quotes
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Surely no one is going long based on this, right?
I don’t have much of a choice, but for now it’s a time to sit back and watch.
While there hasn’t been a massive crash, every investor has suffered losses.
Respect? I don’t think so. He should apologize.
Many investors were harmed by the hacking incident.
He handled the situation well, but that doesn’t mean I’m defending him.
#BTC #ONDO #ETH
Surely no one is going long based on this, right?
I don’t have much of a choice, but for now it’s a time to sit back and watch.
While there hasn’t been a massive crash, every investor has suffered losses.
Respect? I don’t think so. He should apologize.
Many investors were harmed by the hacking incident.
He handled the situation well, but that doesn’t mean I’m defending him.
#BTC #ONDO #ETH
I don’t have much of a choice, but for now it’s a time to sit back and watch.
While there hasn’t been a massive crash, every investor has suffered losses.
Respect? I don’t think so. He should apologize.
Many investors were harmed by the hacking incident.
He handled the situation well, but that doesn’t mean I’m defending him.
#BTC #ONDO #ETH
Panda Traders
·
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🚨 BINANCE IS MAKING A COMEBACK AND THIS DESERVES RESPECT! 🔥
Remember how everyone was spreading panic just two days ago? Some people were even questioning whether Binance could survive this massive security incident.
Well, look at what's happening now! 👀
Binance has announced the phased restoration of withdrawals, with major networks including BTC, ETH, BNB, SOL and XRP among the first.
But here's what impressed me the most. 👇
🔥 Binance says approximately 95% of the affected assets have already been replenished.
🔥 The company has committed to covering the entire loss rather than passing it on to users.
🔥Withdrawals were paused for security checks instead of rushing to reopen vulnerable systems.
🔥 Binance has been coordinating with blockchain partners and authorities to trace stolen assets.
This is why I believe Binance deserves appreciation.
A major security breach is a serious failure, and no exchange should be above criticism. But taking financial responsibility, protecting customers and restoring services carefully is exactly what we should expect from a major platform.
Respect to @CZ for the ecosystem he helped build, and special appreciation to the Binance leadership, security engineers and entire recovery team working through this crisis. 👏
Trust isn't built by claiming nothing can ever go wrong. It's built through accountability when something does.
What's your opinion? Has Binance handled this crisis responsibly?
$BTC $SOL $ETH
#BinanceRestoresWithdrawalsForXRP&BaseNetworks #BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #BinanceSAFUFundTransferCompleted7499BTC #CZDismissesClaimsBinanceHackWasPredicted
Remember how everyone was spreading panic just two days ago? Some people were even questioning whether Binance could survive this massive security incident.
Well, look at what's happening now! 👀
Binance has announced the phased restoration of withdrawals, with major networks including BTC, ETH, BNB, SOL and XRP among the first.
But here's what impressed me the most. 👇
🔥 Binance says approximately 95% of the affected assets have already been replenished.
🔥 The company has committed to covering the entire loss rather than passing it on to users.
🔥Withdrawals were paused for security checks instead of rushing to reopen vulnerable systems.
🔥 Binance has been coordinating with blockchain partners and authorities to trace stolen assets.
This is why I believe Binance deserves appreciation.
A major security breach is a serious failure, and no exchange should be above criticism. But taking financial responsibility, protecting customers and restoring services carefully is exactly what we should expect from a major platform.
Respect to @CZ for the ecosystem he helped build, and special appreciation to the Binance leadership, security engineers and entire recovery team working through this crisis. 👏
Trust isn't built by claiming nothing can ever go wrong. It's built through accountability when something does.
What's your opinion? Has Binance handled this crisis responsibly?
$BTC $SOL $ETH
#BinanceRestoresWithdrawalsForXRP&BaseNetworks #BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #BinanceSAFUFundTransferCompleted7499BTC #CZDismissesClaimsBinanceHackWasPredicted
129
·
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Bearish
Verified
Can’t read the room, as usual
Remember: if MSCI exclusion happens, this guy won’t be smiling.
Final list drops Nov 11. Rules take effect after Nov 30 close.
Can’t read the room, as usual
Remember: if MSCI exclusion happens, this guy won’t be smiling.
Final list drops Nov 11. Rules take effect after Nov 30 close.
Remember: if MSCI exclusion happens, this guy won’t be smiling.
Final list drops Nov 11. Rules take effect after Nov 30 close.
5
1
684
·
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Are CZ and Musk fighting? Since I invest in crypto, I’m going to root for CZ and Binance.
But give me back what I lost.
Are CZ and Musk fighting? Since I invest in crypto, I’m going to root for CZ and Binance.
But give me back what I lost.
But give me back what I lost.
884
·
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Bearish
My money’s melting. This is gonna hurt once the US traders wake up.
The scale of this hack is massive, and the industry is moving in lockstep before the full picture is clear. It naturally raises suspicion that there might be more to this than just an external attack — similar to how FTX initially looked.
That said, Binance is officially framing this as an external hack (with suspicion directed at North Korea) and has said it will cover all losses, so it’s not exactly the same as FTX. Still, the speed of the industry’s response before the full truth is out is making a lot of people uneasy.
My money’s melting. This is gonna hurt once the US traders wake up.
The scale of this hack is massive, and the industry is moving in lockstep before the full picture is clear. It naturally raises suspicion that there might be more to this than just an external attack — similar to how FTX initially looked.
That said, Binance is officially framing this as an external hack (with suspicion directed at North Korea) and has said it will cover all losses, so it’s not exactly the same as FTX. Still, the speed of the industry’s response before the full truth is out is making a lot of people uneasy.
The scale of this hack is massive, and the industry is moving in lockstep before the full picture is clear. It naturally raises suspicion that there might be more to this than just an external attack — similar to how FTX initially looked.
That said, Binance is officially framing this as an external hack (with suspicion directed at North Korea) and has said it will cover all losses, so it’s not exactly the same as FTX. Still, the speed of the industry’s response before the full truth is out is making a lot of people uneasy.
96
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Bearish
Does it evoke sympathy?
My money is melting away.
In a high-stakes incident where the core facts are about compromised infrastructure, frozen funds, user coverage, and technical response, elevating pregnancy as a notable element can read as unnecessary. :(
Does it evoke sympathy?
My money is melting away.
In a high-stakes incident where the core facts are about compromised infrastructure, frozen funds, user coverage, and technical response, elevating pregnancy as a notable element can read as unnecessary. :(
My money is melting away.
In a high-stakes incident where the core facts are about compromised infrastructure, frozen funds, user coverage, and technical response, elevating pregnancy as a notable element can read as unnecessary. :(
1.3k
·
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Hey guys, let’s have dinner before we continue.
This is Outback.
These are the barbecue pork ribs and pasta.
Hey guys, let’s have dinner before we continue.
This is Outback.
These are the barbecue pork ribs and pasta.
This is Outback.
These are the barbecue pork ribs and pasta.
7
16
5.4k
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What is this garbage Bitcoin even doing? I guess we’ll see which way it goes once the interest rate decision is made. Time to go play Call of Duty.
I’m going to attack the North Koreans using games.
What is this garbage Bitcoin even doing? I guess we’ll see which way it goes once the interest rate decision is made. Time to go play Call of Duty.
I’m going to attack the North Koreans using games.
I’m going to attack the North Koreans using games.
1
1
415
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Guys, a war might break out in Korea soon. The North Korean communists just set up a self-propelled howitzer barely 1.5 km away from here. I guess I've gotta go defend my country!
Fuck, I'm gonna have to take my cats and family and head to Japan.
Then I'm gonna stay and defend Korea, and I will wipe them all out.
Guys, a war might break out in Korea soon. The North Korean communists just set up a self-propelled howitzer barely 1.5 km away from here. I guess I've gotta go defend my country!
Fuck, I'm gonna have to take my cats and family and head to Japan.
Then I'm gonna stay and defend Korea, and I will wipe them all out.
Fuck, I'm gonna have to take my cats and family and head to Japan.
Then I'm gonna stay and defend Korea, and I will wipe them all out.
5
7
5.3k
·
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Bullish
South Korea’s crypto tax has been deferred again — time to celebrate! 🎉
Cheongwadae (the Blue House) has decided to postpone the virtual asset (crypto) income tax that was scheduled to take effect on Jan
uary 1, 2027. This marks the fourth delay.
South Korea’s crypto tax has been deferred again — time to celebrate! 🎉
Cheongwadae (the Blue House) has decided to postpone the virtual asset (crypto) income tax that was scheduled to take effect on Jan
uary 1, 2027. This marks the fourth delay.
Cheongwadae (the Blue House) has decided to postpone the virtual asset (crypto) income tax that was scheduled to take effect on Jan
uary 1, 2027. This marks the fourth delay.
107
·
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Bearish
Verified
#Bubblemaps #BMT got listed on #Upbit
Since Upbit doesn’t even have futures trading, they just list all kinds of garbage coins.
In my opinion, Korean exchanges are like the last exit before a coin dies.
On-chain data Bubblemaps? Please. There are plenty of other options like Arkham or TradingView.
The fundamentals are trash. Just look at the past chart
Absolutely do not buy.
#Bubblemaps #BMT got listed on #Upbit
Since Upbit doesn’t even have futures trading, they just list all kinds of garbage coins.
In my opinion, Korean exchanges are like the last exit before a coin dies.
On-chain data Bubblemaps? Please. There are plenty of other options like Arkham or TradingView.
The fundamentals are trash. Just look at the past chart
Absolutely do not buy.
Since Upbit doesn’t even have futures trading, they just list all kinds of garbage coins.
In my opinion, Korean exchanges are like the last exit before a coin dies.
On-chain data Bubblemaps? Please. There are plenty of other options like Arkham or TradingView.
The fundamentals are trash. Just look at the past chart
Absolutely do not buy.
734
·
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Bearish
Guys, this is insane.🚨🚨
On top of crypto taxes, now surveillance too? Feels like Korea is something we should just get out of. Fucking trash country.
I apologize to everyone. Korea was wrong… this might end up being a trigger for the Big Short.
nono. is liquidity will dry up.
This is excessive personal information collection. Collecting and sharing full holdings and transaction history just because someone sent crypto abroad once is the kind of overreach associated with communist-style surveillance states. On top of existing tax issues, Korean crypto investors will likely stop investing altogether rather than deal with this. Be careful in November and December.
😡🤬😡🤬
The Bank of Korea is considering a system where if you have transferred crypto overseas even once (since July 2024), exchanges would have to report your domestic holdings every month — including dormant accounts, delisted coins, and staked assets. Daily transfer details (with personal information such as resident registration numbers) would also be reported.
This information would be shared with the National Tax Service (for taxation), Korea Customs Service (for cross-border money flows), the Financial Supervisory Service, and the Financial Intelligence Unit (FIU, which handles anti-money laundering). The stated purpose is to monitor illegal foreign exchange transactions under the revised Foreign Exchange Transactions Act taking effect on December 3. It is still a draft and not finalized.
Guys, this is insane.🚨🚨
On top of crypto taxes, now surveillance too? Feels like Korea is something we should just get out of. Fucking trash country.
I apologize to everyone. Korea was wrong… this might end up being a trigger for the Big Short.
nono. is liquidity will dry up.
This is excessive personal information collection. Collecting and sharing full holdings and transaction history just because someone sent crypto abroad once is the kind of overreach associated with communist-style surveillance states. On top of existing tax issues, Korean crypto investors will likely stop investing altogether rather than deal with this. Be careful in November and December.
😡🤬😡🤬
The Bank of Korea is considering a system where if you have transferred crypto overseas even once (since July 2024), exchanges would have to report your domestic holdings every month — including dormant accounts, delisted coins, and staked assets. Daily transfer details (with personal information such as resident registration numbers) would also be reported.
This information would be shared with the National Tax Service (for taxation), Korea Customs Service (for cross-border money flows), the Financial Supervisory Service, and the Financial Intelligence Unit (FIU, which handles anti-money laundering). The stated purpose is to monitor illegal foreign exchange transactions under the revised Foreign Exchange Transactions Act taking effect on December 3. It is still a draft and not finalized.
On top of crypto taxes, now surveillance too? Feels like Korea is something we should just get out of. Fucking trash country.
I apologize to everyone. Korea was wrong… this might end up being a trigger for the Big Short.
nono. is liquidity will dry up.
This is excessive personal information collection. Collecting and sharing full holdings and transaction history just because someone sent crypto abroad once is the kind of overreach associated with communist-style surveillance states. On top of existing tax issues, Korean crypto investors will likely stop investing altogether rather than deal with this. Be careful in November and December.
😡🤬😡🤬
The Bank of Korea is considering a system where if you have transferred crypto overseas even once (since July 2024), exchanges would have to report your domestic holdings every month — including dormant accounts, delisted coins, and staked assets. Daily transfer details (with personal information such as resident registration numbers) would also be reported.
This information would be shared with the National Tax Service (for taxation), Korea Customs Service (for cross-border money flows), the Financial Supervisory Service, and the Financial Intelligence Unit (FIU, which handles anti-money laundering). The stated purpose is to monitor illegal foreign exchange transactions under the revised Foreign Exchange Transactions Act taking effect on December 3. It is still a draft and not finalized.
308
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Partly True
Today Upbit listed Concrete (CT).
Korean exchanges really do list some random stuff. Usually you at least get a listing pump, but this one doesn’t even have that.
korea Tax issues have killed a lot of the investment sentiment here.
Today Upbit listed Concrete (CT).
Korean exchanges really do list some random stuff. Usually you at least get a listing pump, but this one doesn’t even have that.
korea Tax issues have killed a lot of the investment sentiment here.
Korean exchanges really do list some random stuff. Usually you at least get a listing pump, but this one doesn’t even have that.
korea Tax issues have killed a lot of the investment sentiment here.
785
·
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Since crypto is banned in China, how are people still using Binance and other platforms? Do they rely on VPNs, overseas accounts, P2P trading, or other workarounds?
Since crypto is banned in China, how are people still using Binance and other platforms? Do they rely on VPNs, overseas accounts, P2P trading, or other workarounds?
400
·
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Bearish
MSCI’s new non-operating company rules put MSTR and Metaplanet at risk of index exclusion.
JPMorgan estimates ~$2.8B in passive selling if MSTR is removed.
Final list November 11. Rules apply from November 30.
Potential headwind for Bitcoin. Worth watching.
MSCI’s new non-operating company rules put MSTR and Metaplanet at risk of index exclusion.
JPMorgan estimates ~$2.8B in passive selling if MSTR is removed.
Final list November 11. Rules apply from November 30.
Potential headwind for Bitcoin. Worth watching.
JPMorgan estimates ~$2.8B in passive selling if MSTR is removed.
Final list November 11. Rules apply from November 30.
Potential headwind for Bitcoin. Worth watching.
85
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Korean people don't look like they're in a good mood.
Me too, haha.
Korean people don't look like they're in a good mood.
Me too, haha.
Me too, haha.
1
871
·
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Why are the charts such a mess lately?
Too messy:(
Dinner tonight: striploin fried rice and egg drop soup.
Why are the charts such a mess lately?
Too messy:(
Dinner tonight: striploin fried rice and egg drop soup.
Too messy:(
Dinner tonight: striploin fried rice and egg drop soup.
2
3
1.8k
·
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Korean crypto investors are starting protests against the tax.
From today, truck protests and one-person protests begin at major points in Seoul.
Locations:
DMC (media hub)
In front of the National Assembly
In front of the Democratic Party and People Power Party headquarters
In front of Seoul Station and the Government Complex
They are also running a campaign: post in support of delaying the crypto tax with
This is positive for Bitcoin and altcoins like XRP.
Please support the delay.
Korean crypto investors are starting protests against the tax.
From today, truck protests and one-person protests begin at major points in Seoul.
Locations:
DMC (media hub)
In front of the National Assembly
In front of the Democratic Party and People Power Party headquarters
In front of Seoul Station and the Government Complex
They are also running a campaign: post in support of delaying the crypto tax with
This is positive for Bitcoin and altcoins like XRP.
Please support the delay.
From today, truck protests and one-person protests begin at major points in Seoul.
Locations:
DMC (media hub)
In front of the National Assembly
In front of the Democratic Party and People Power Party headquarters
In front of Seoul Station and the Government Complex
They are also running a campaign: post in support of delaying the crypto tax with
This is positive for Bitcoin and altcoins like XRP.
Please support the delay.
1
695
·
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Not large in scale, but still meaningful as a precedent.
Jeonbuk Bank is a regional bank, so the loan volume itself is unlikely to be big. The product is also tightly limited (corporate only, Bitcoin only, operating funds only, bank doesn’t hold the coins), so it won’t move the market on its own.
That said, it still matters for a few reasons:
It’s the first time a Korean bank has structured Bitcoin as collateral under the current legal framework.
They used the revised Civil Execution Rules (effective Oct 1) for recovery via court auction, avoiding direct ownership of crypto.
Custody is outsourced to a licensed third party, which is a conservative setup that regulators and bigger banks can actually reference.
It shows that “crypto-backed lending” is now possible inside the regulated banking system, not just on exchanges or in DeFi.
So while the numbers won’t be large right now, it opens a path that other banks can later follow if regulations loosen or demand grows. It’s more of a regulatory and structural milestone than a volume event.
Not large in scale, but still meaningful as a precedent.
Jeonbuk Bank is a regional bank, so the loan volume itself is unlikely to be big. The product is also tightly limited (corporate only, Bitcoin only, operating funds only, bank doesn’t hold the coins), so it won’t move the market on its own.
That said, it still matters for a few reasons:
It’s the first time a Korean bank has structured Bitcoin as collateral under the current legal framework.
They used the revised Civil Execution Rules (effective Oct 1) for recovery via court auction, avoiding direct ownership of crypto.
Custody is outsourced to a licensed third party, which is a conservative setup that regulators and bigger banks can actually reference.
It shows that “crypto-backed lending” is now possible inside the regulated banking system, not just on exchanges or in DeFi.
So while the numbers won’t be large right now, it opens a path that other banks can later follow if regulations loosen or demand grows. It’s more of a regulatory and structural milestone than a volume event.
Jeonbuk Bank is a regional bank, so the loan volume itself is unlikely to be big. The product is also tightly limited (corporate only, Bitcoin only, operating funds only, bank doesn’t hold the coins), so it won’t move the market on its own.
That said, it still matters for a few reasons:
It’s the first time a Korean bank has structured Bitcoin as collateral under the current legal framework.
They used the revised Civil Execution Rules (effective Oct 1) for recovery via court auction, avoiding direct ownership of crypto.
Custody is outsourced to a licensed third party, which is a conservative setup that regulators and bigger banks can actually reference.
It shows that “crypto-backed lending” is now possible inside the regulated banking system, not just on exchanges or in DeFi.
So while the numbers won’t be large right now, it opens a path that other banks can later follow if regulations loosen or demand grows. It’s more of a regulatory and structural milestone than a volume event.
2
284
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