/biz/ - Business & Finance

>>57195341
>>57195310
Went so fast it broke the cexes and caused a decoupling between them

>>57118525
Yeah like I said before the asians are accumulating massively. They were the reason for the pump which is supposedly based on the outcome of the inscription stress test results. This explains how the centralized exchanges (Coinbase and finance) depegged from one another during the pump since a lot of the transactions were occurring were happening from exchanges in china where the transactions were occurring so fast the apis/link couldn't keep up with the price action. Then since they lost track of transactions and some of the exchanges ran out of icp they halted withdrwals from the exchanges and blamed it on icp when it reality that was a lie where the problem was occurring on the exchanges for failing to keep up. This has never happened ever before in crypto like this and at this rate and I think its hilarious how nobody has mentioned this since

Any chain that claims they have the fastest tps has never went so fast it fucked up CEXs