Tesla CEO Elon Musk said the EV company could add to its bitcoin position again in the future, but wanted to boost its cash position. Working in a regulatory sandbox, the company will allow mid-sized companies to tokenize their public offerings on Quorum, a network running on Ethereum. “I think this sentiment is kind of improving. I mean, the PR blowback has also blown over at this point. But, you know, people can use it now,” Rooter said.

Did I get REKT?

“Rekt”, also known as #rekt, is an Internet slang term which is shorthand for “wrecked,” which is often used in online gaming to indicate that someone has been defeated or embarassed, in a similar vein to the term “pwned”.

Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. For the people still interested in buying the NFTs, it is currently available on OpenSea and LookRare platforms. At the time of writing, the floor price is 0.85 ETH with 4.1k ETH in traded volume. Rekt is a phonetic reimagining of the word, wrecked. Being rekt does not necessarily mean that a loss has been made, as there is always prevailing hope that the fallen value of a crypto asset shall rise again to a new ATH. This tweet in particular meant that the user “went long” on a trade, buying the coin with the expectation to hang on and sell it later at a higher price. When the price dropped, Bitmex automatically cashed the user out — at a lower price than they originally bought it for. The account is part of a larger trend, where people leverage the open nature of the blockchain to troll each other and see where the money is moving. HiNative is a platform for users to exchange their knowledge about different languages and cultures.

Media Entertainment and Esports Powerhouse ReKTGlobal Acquires TalentX Entertainment

On Jan. 5 it camewithin a hair’s breadth of surpassing its all-time high; then it lost billions in market value on fears of a Chinese government clampdown. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We’re also a community of traders that support each other on our daily trading journey. “Getting rekt” refers to a cryptocurrency trader who is utterly ruined and destroyed due to losses from a recent price crash.

BearWhale — By extension, a big-time trader who is bearish on the price of bitcoin. It needs to be noted that being REKT and truly losing money are different things, since rekt assets can still bounce back. Back in early 2018, BTC was rekt, yet near the end of 2020, not only did it bounce back, but it also reached a new all-time high. In addition, the word REKT can also refer to a digital asset itself that loses value.

REKT Meaning

Rekt means a player got completely destroyed, usually used in first person shooter games. Enjoy free shipping, no minimum purchase required!. Estimated 3-4 business days to ship, and a total of 4-5 business days to arrive. Read more about eth in usd converter here. FREE US SHIPPING – Enjoy free shipping, no minimum purchase required!. The traders responsible for these price swings are spread around the world. GamesBeat’s creed when covering the game industry is “where passion meets business.” What does this mean?. We want to tell you how the news matters to you — not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Solend’s smart contracts automatically send liquidation sell orders to DEXs when user collateral falls too low.

All 3 pictures looked just like they did online, they really add life and a great pop to a blank wall. We aim to provide top-tier customer service along with unbeatable quality products. Our customers have the unique opportunity to support international artists and upgrade their homes with one of our thousands of eye-catching prints. We believe that wall art should be available and accessible to everyone. SLND1’s critics were so loud and the media coverage so fierce that Rooter and the team proposed a new vote, SLND2, that would invalidate the first. It, too, passed after the ballot whale stepped in.


To link to this term in a wiki such as Wikipedia, insert the following. To link to this term in a web page or blog, insert the following. Rekt is mainly used to describe being heavily defeated or destroyed. It is also used to describe being really drunk, tired or sore. The slang spread further to World of Warcraft forums, and in 2012, a thread named “Get Rekt Ally Scrublords” was created. It was first defined on Urban Dictionary in 2011 as the message you send your mate when you are too drunk to type anything else. If the market turns against them, however, Bitmex can liquidate their position, keeping whatever collateral they put down and potentially even putting them in debt. If things go well, they stand to make a profit — should the price of the token go up, they’ll pocket the difference, less the loan they took from Bitmex.

The term is shorthand for “get wrecked”, and while it’s exact origin is unclear, it seems to had spread out on the internet somewhere in the early 2010’s. It is the phonetic spelling of “get wrecked”, and is mainly used by teenagers and trolls online to annoy other people. To get rekt means that you get completely emotionally damaged. Bot accounts have become an important part of this space, since they automatically publish important events.

Meanings and usages of similar words and phrases

Order shipped quick and was well packaged and arrived in … Order shipped quick and was well packaged and arrived in perfect condition. If for any reason you are not satisfied with your order, return it within 90 days for a full refund (it’s free for orders within the contiguous U.S.). Sign up for The Node, our daily newsletter bringing you the biggest crypto news and ideas. Speaking to CoinDesk last Friday, Rooter struck a hopeful tone. By then, Solend had steered through the crisis without suffering a catastrophic liquidation.

Coined: How “rekt” went from obscure insult to gaming’s trash talk of choice – Inverse

Coined: How “rekt” went from obscure insult to gaming’s trash talk of choice.

Posted: Tue, 11 Feb 2020 08:00:00 GMT [source]

A spelling variation of the word wrecked commonly used in social media and SMS messaging. People usually say it in online games when they beat someone. Use census records and voter lists to see where families with the Rekt surname lived. Within census records, you can often find information like name of household members, ages, birthplaces, residences, and occupations. Gamers use this term to describe a moment in which they’ve thoroughly destroyed and/or humiliated another player. All three of my orders came in such a timely manner and very well wrapped for shipping.

Bankers in traditional finance can address a comparable snafu with a “margin call” to clients whereby they lay out the stakes and explain the need for more collateral to secure a loan. After all, they know their counterparties’ identities; the borrower is a phone call or email away. That’s not the case with pseudonymous DeFi (though a handful of startups are working on inter-wallet messaging solutions, none of which Solend used). After establishing contact, the whale began redistributing its Solend bets into other Solana DeFi outposts like Mango Markets – ending the most acute crisis without a single cascading liquidation. The price of SOL has recovered enough to quiet all the chaos – despite the heavy dose of momentary schadenfreude. If you’re on a shared network, like the one at your workplace, ask your network administrator to run a scan across the network to weed out any infections. You will receive an email with instructions on how to reset your password in a few minutes. The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network.

Observers from Solana’s VC community told CoinDesk they feared Solend had suffered an insurmountable setback with its series of governance votes. A final, June 21 vote on SLND3 saw the community approve what is effectively a new borrower ceiling at $50 million. This too was designed to mitigate whale risk. (It also passed with the ballot whale’s critical “yes” vote). “The whale, again, basically swayed the whole vote,” Rooter said. But Rooter said it needed to put the controversial solution before the community. On June 19, it proposed SLND1, the “emergency powers” package. Six hours later, the vote passed by 97.5% with just enough participation to meet the 1% quorum.

  • A whale is a big holder of crypto, and usually have a substantial amount of capital.
  • The slang is usually seen on gamer platforms, either in-game or during player live-streams, and refers to the player getting dominated by other players or NPCs.
  • Lettris is a curious tetris-clone game where all the bricks have the same square shape but different content.
  • In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.

Sign in to see reasons why you may or may not like this based on your games, friends, and curators you follow. There are 73 census records available for the last name Rekt. Like a window into their day-to-day life, Rekt census records can tell you where and how your ancestors worked, their level of education, veteran status, and more. I have never ordered from ElephantStock before so I was wary of how it was going to look. I was pleasantly surprised at how absolutely beautiful it is and how nicely … I was pleasantly surprised at how absolutely beautiful it is and how nicely it was mounted on the canvas. This is 2nd canvas I have ordered and they are absolutely beautiful. I have purchased 2 pieces of art from ElephantStock, they are so beautiful.
rekt meaning
Lettris is a curious tetris-clone game where all the bricks have the same square shape but different content. To make squares disappear and save space for other squares you have to assemble English words from the falling squares. Look up any word in the dictionary offline, anytime, anywhere with the Oxford Advanced Learner’s Dictionary app. Some wikis use a different format for links, so be sure to check the documentation. Logged-in users can add themselves to the map. Login, Register, Login instantly with Facebook. This artwork is an homage to the perseverance and optimism of those who have been rekt – by the market or by life itself.
rekt meaning
A spokesperson at the exchange confirmed it has been an intermediary between project teams and account holders in the past. The spokesperson said tradeallcrypto never shares information without its users permission. The slang may also describe an asset that lost too much of its value or a market that dropped significantly (e.g., “this coin is rekt,” or “the market is rekt”). Taking another example, imagine that Bob made a heavy investment on a cryptocurrency token through an ICO. But when the token finally hit the market, they were trading at a much lower price https://www.beaxy.com/exchange/eth-usd/ than Bob paid during the ICO crowd sale. In such a scenario, we may say that the token got rekt, which resulted in Bob and all bagholders getting rekt as well. A term for the word “Wrecked.” Can be used in text messages when one is in a hurry. Can also be used in online gaming when a player would cause another player to send hate mail regarding the skill of the one causing the anger. This also includes their marketing and partnership services, talent management, and technology products. Rekt will continue to operate independently post-acquisition.