Core Insights - Ethereum co-founder Vitalik Buterin achieved a return of approximately 16% by betting against irrational market predictions, earning $70,000 on a capital of $440,000 in 2022 [1][2] - Buterin focuses on political and technology markets, which he identifies as more susceptible to extreme predictions, and he often bets against these "crazy" forecasts [2] Market Strategy - The strategy employed by Buterin involves identifying markets in "crazy mode" and betting that the extreme predictions will not materialize [1] - He has previously made significant profits from prediction markets, including $58,000 from betting on the 2020 U.S. presidential election [3] Prediction Markets - Buterin expresses enthusiasm for prediction markets as a promising application of Ethereum, noting their potential to be more accurate than traditional polls [4] - He suggests that combining prediction markets with diverse news sources can enhance user information compared to relying on a single source [4] Vulnerabilities - Despite the potential of prediction markets, Buterin points out that there are vulnerabilities, particularly concerning oracles that provide real-world data, which can be manipulated [5] - An example of this vulnerability was highlighted by an incident involving market manipulation related to the Russia-Ukraine conflict, resulting in unauthorized changes and profits of $9,300 [5]

A draft released by Vietnam's Ministry of Finance proposes that individuals, regardless of residency, transferring crypto assets via licensed platforms may face a 0.1% personal income tax on transaction turnover, mirroring the current securities tax regime. The draft exempts crypto transfers from VAT, while income from crypto transfers by Vietnamese institutional investors will be subject to a 20% corporate income tax. https://t.co/5VcssiFyo2 ...

🚨 🚨 🚨 34,233 #ETH (68,702,207 USD) transferred from #Binance to unknown wallethttps://t.co/77OkMN0GY4 ...

South Korean crypto exchange Bithumb, which mistakenly distributed more than $40 billion worth of Bitcoin on Friday, said it will reimburse customers who made losses when they sold their holdings in a panic during a brief but sharp selloff on its platform. Bithumb had intended to award 620,000 won ($424) to winners of a promotion, but an employee keyed in Bitcoin instead of the Korean currency, Yonhap News reported, citing people it didn’t identify. The error led to the distribution of 620,000 Bitcoin to ...

Bitcoin (CRYPTO: BTC) has struggled since October when a wave of liquidations rattled investor confidence. On Feb. 5, it slipped below $63,000 and is down over 30% in the past three months. It has erased all the gains it made since President Donald Trump's election, when pro-crypto optimism ignited a spectacular 2025 rally. This year is a different story. Uncertainty rules in various forms, from crypto regulation to Bitcoin's long-term narrative and the broader economic outlook. If you've been looking for ...

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The profits that are ultimately made in Bitcoin just represents the money that other people lost in Bitcoin. A lot of the people in the Bitcoin community who never sell their Bitcoin, right. Because they've been brainwashed by the people who do sell their Bitcoin.That's who made up this never sell your Bitcoin. It's the people who want to sell theirs that want everybody else not to because they have to maintain the market and they don't want every they want to compete with other people. So the people who ju ...

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🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 300,000,000 #USDT (299,836,650 USD) transferred from #JustLendDAO to #HTXhttps://t.co/mJjrA8kBlc ...

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