Someone paid $2.6 million in fees to move $134 worth of crypto and oops
There are typos, and then there are typos. Someone appears to have made a mistake this morning when transferring the cryptocurrency ether (ETH), the younger sibling to bitcoin, from one digital wallet to another. After all, when moving around $134 dollars worth of digital currency, it hardly seems like anyone would intentionally pay a $2.6 million fee — and yet that's exactly what happened. That's right. Someone paid 10,668.73185 ETH, worth approximately $2.6 million at the time, to move 0.55 ETH from one wallet to another. The transaction, in all its painful glory, is visible on Etherscan — a tool for viewing and searching ETH transactions. While the internet loves a good conspiracy, and many on Twitter are speculating that this is evidence of some elaborate form of money laundering, a much simpler explanation is likely: a mistake. Ethereum users can dictate the terms of their transactions, setting both the amount of ETH they want to send and the amount of fees they are willing to pay. The higher the fee, the thinking goes, the more likely their transaction will be included on the next block — i.e. it will go through more quickly. It's possible, therefore, that someone attempted to send $2.6 million worth of ETH with $134 in fees and simply reversed the two fields. Which, yeah. Oops. Of course, we are talking about cryptocurrency, so some kind of convoluted scam is always a possibility. However, this wouldn't be the first time that an unusually large fee has been paid on an otherwise small transaction. In February of 2019, someone accidentally paid 2,100 ETH in fees to move .1 ETH. Coindesk reported at the time that the South Korean blockchain firm behind the error admitted to the mistake, contacted the mining pool that had benefitted, and worked out a deal where the firm got half of the accidentally sent ETH returned. Notably, that partial happy ending 100 percent relied on the goodwill of the mining pool, as ETH transactions are non-reversible by design. SEE ALSO: Not above the law: Steven Seagal's shady crypto past under siege by SEC Is that what happened this time around? It's impossible to know for sure with the information that's publicly available at the moment, but either way, the next time you fat-finger a text message or make an embarrassing typo just keep in mind that it could be worse. Like, $2.6 million worse. Tweet may have been deleted
Tweet may have been deleted
Tweet may have been deleted
Tweet may have been deleted
- 最近发表
-
- Norris stuns Verstappen at Dutch GP
- This Time cover totally nails the chaos in Trump's White House right now
- N. Korea to hold key parliamentary meeting this week
- Yamaguchi bags World Tour Finals
- 科创筑梦树立远大志向 蓄势赋能培养科技人才
- 2019 Dell XPS 13 finally puts the webcam back in the right spot
- Bill Maher doesn't understand how Milo Yiannopoulos works
- 竹马220千伏输变电工程获省发改委核准
- Netanyahu’s Inferno
- N. Korea to hold ruling party plenary meeting on agriculture this month
- 随机阅读
-
- 2016's $400 GPU vs. 2019's $400 GPUs
- 宝兴2少年坐电梯被困 消防人员紧急救援脱险
- Twitter bug that made your private tweets public went unnoticed for over 4 years
- Snap's new problem: disappearing executives
- GPU Mining is Dead, Where are my Cheap GPUs?
- The Star Wars clue hiding in these 'Last Jedi' tweets
- Olympic chiefs uphold ban on boxing federation
- Samsung might launch Galaxy S10 and Galaxy F at February event
- Deceased K
- Yamaguchi bags World Tour Finals
- Chief nuke envoys of S. Korea, US, Japan criticize NK push to bolster 'self
- US sports world happy at Griner's release
- World’s first ‘meltdown
- US World Cup exit stings but future is bright, says Berhalter
- World Cup win makes Morocco 'pride' of Arab fans
- OCHA data shows NK received $2.3 mil. in humanitarian aid last year
- Apple's iPhone 17 will come with a huge RAM upgrade, report claims
- Police fail to enforce warrant to perform autopsy on farmer
- NK science commission's 2023 research to focus on agriculture, key industries
- OCHA data shows NK received $2.3 mil. in humanitarian aid last year
- 搜索
-
- 友情链接
-