Fun

Ordinals trader gets Bitcoin back after fat-fingered NFT purchase

News Feed - 2024-03-01 08:03:54

Ezra Reguerra12 hours agoOrdinals trader gets Bitcoin back after fat-fingered NFT purchaseThe seller saw the buyer’s X post and decided to buy back the Bitcoin Ordinals NFT for the same amount of Bitcoin.2186 Total views16 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksA Bitcoin Ordinals trader recovered their money after making an error purchase of a $13,000 nonfungible token (NFT) on the Bitcoin network. 


On March 1, a Bitcoin Ordinals trader shared a post on X about how they made their “biggest mistake” since they started trading Bitcoin-based NFTs. The trader thought they bought an NFT for 0.021 Bitcoin (BTC), worth about $1,287. However, the surprise came after the transaction when the trader realized that the NFT was listed for 0.21 BTC (around $12,877).Ordinals trader PrincePablos shares misfortune on X. Source:PrincePablos/X


The trader said they felt embarrassed and sick and that a “lucky person” received a lot of money. According to the NFT trader, they shared the incident to urge others to double-check their digital asset transactions before going through with them.


While the trader accepted the loss, Dan Anderson, the seller of the NFT, saw the X post and promised to return the funds. Anderson highlighted that that was his listing and that he had already made an offer in the marketplace to buy back the NFT with 0.21 BTC. Anderson told the trader to accept the offer and be well again. “I listed it at 0.21 BTC because it’s dank not to fish for a fat finger. I was like ‘huzzah’ tho until I saw your post,” Anderson wrote.Transactions on the Bitcoin Ordinals NFT. Source:Magic Eden


The offer to buy back the NFT has been accepted, and the funds were returned to the trader. At the time of writing, the NFT has been listed in the market again at 0.21 BTC.


Related:OpenSea collector fat fingers a 100 ETH bid for a free NFT


While the Bitcoin Ordinals trader recovered their funds, not everyone who receives crypto by mistake is eager to return the money. On Feb. 26, court documents showed that the Australian crypto exchange OTCPro accidentally credited a user $653,000 instead of $65,300 because of an error. The exchange claimed the user hasn’t responded to emails, calls or court appearances since the error came to light.


In 2022, a couple who received $10.5 million from Crypto.com by mistake bought luxury items, including a mansion, instead of returning the money. In September 2023, Thevamanogari Manivel received a sentence of 18 months of community corrections with six months of unpaid community work, while her husband pleaded guilty to a single rolled-up theft charge in December 2023.


Magazine:Owner of seven-trait CryptoPunk Seedphrase partners with Sotheby’s: NFT Collector# Bitcoin# Trading# Bitcoin Trader# NFT# Bitcoin OrdinalsAdd reactionAdd reactionR

News Feed

Bitcoin drops as dollar eyes ‘best 5-day run’ in 14 months on expected rate cut hold
Ciaran Lyons4 hours agoBitcoin drops as dollar eyes ‘best 5-day run’ in 14 months on expected rate cut holdAs the U.S. dollar strengthens, Bitcoin’s price has declined leading up to its April 20 halving and the Fed
Prashant Jha11 hours agoEU banking watchdog proposes liquidity rules for stablecoin issuersThe proposed guidelines are currently in the public consultation phase for the next three months and, if approved, will come into
Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity
Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity According to a Hydro-Québec newsroom report, the company has asked the electricity trans
40 Million Troy Ounces: Russia’s Gold Find Reaffirms Bitcoin as the More Scarce Asset
40 Million Troy Ounces: Russia"s Gold Find Reaffirms Bitcoin as the More Scarce Asset News of the discovery of approximately 40 million troy ounces of gold in Ru
EU enacts crypto regulations to combat money laundering
Amaka Nwaokocha1 hour agoEU enacts crypto regulations to combat money launderingThe new legislation would impact crypto-asset service providers, like centralized crypto exchanges under MiCA.1648 Total views1 Total shares
Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say
Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say Amid underlying inflationary pressures, further interest rate increases may still be needed, members of t
Brayden Lindrea7 minutes agoEthereum layer 2 zkEVM ‘Scroll’ confirms mainnet launchBlockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago.37 Total viewsListen to article 0:00NewsJoin us on
Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI
Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 mil
Bitcoin Cash to Include Bigger Integers and Native Introspection in Upcoming Upgrade
Bitcoin Cash to Include Bigger Integers and Native Introspection in Upcoming Upgrade Bitcoin Cash is preparing to include two significant improvements in its upcoming upgrade. Prog
John McAfee’s Body Is Still in a Spanish Morgue a Year After He Passed, His Widow Wants Answers
John McAfee"s Body Is Still in a Spanish Morgue a Year After He Passed, His Widow Wants Answers A year ago on June 23, the anti-virus software tycoon John McAfee was found dead in
Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000
Este artículo también está disponible en español. Recent action has seen Bitcoin price retest the $67,000 price level. Particularly, the Bitcoin price declined by about 8
NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase
NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase The mayor of New York City, Eric Adams, has received his first paycheck in bitcoin and ether via Coin