Cryptocurrency
Update Sept. 22, 2023 – 7AM UTC: This article has been updated to include Binance’s comments. A crypto wallet belonging to trading platform Binance has spent 530 Ether (ETH), worth around $843,797, in gas fees in just 24 hours, according to blockchain data explorer Etherscan. On Sept. 21, gas fees on the Ethereum network went…
Read More “Binance wallet spends almost $1M in ETH gas fees in one day” »
Generative artist William Mapan’s latest collection, “Distance,” sold out in less than 24 hours despite launching in the middle of a very weak NFT market. From his early long-form generative series “Dragons” on the Tezos blockchain to the highly sought-after “Anticyclone” ArtBlocks collection that currently commands a 5 ETH floor, Mapan has a unique way…
An Ethereum developer has managed to get ChatGPT to launch its own ERC-20 token, AstroPepeX (APX), modeled off data from the top traded tokens on Uniswap. X (previously Twitter) user CroissantETH unpacked details of how they integrated ChatGPT into a custom application using OpenAI’s API. They told it to design and issue its own ERC-20…
Read More “ETH developer programs AI-generated memecoin AstroPepeX using ChatGPT” »
South Korea’s second-largest city, Busan, is developing a public blockchain network compatible with mainstream blockchain platforms, such as Ethereum and Cosmos. The aim is to integrate blockchain-based services from various blockchain mainnets onto a single platform at the city level and develop Busan into a blockchain city. Busan City has allocated a 100-billion-Korean-won ($75 million)…
Read More “Busan is developing an Ethereum-compatible mainnet to become a ‘blockchain city’” »
An unwitting cryptocurrency holder has reportedly fallen victim to an eye-watering $4.46-million phishing scam. According to data from Etherscan$4.46 million in Tether (USDT) was withdrawn from a Kraken crypto exchange wallet and eventually sent to an address ending in “ACa7.” Blockchain security firm PeckShield has labeled the address as being owned by a phishing scammer. #PeckShieldAlert…
Read More “Phishing victim sends eye-watering $4.5M in USDT to scammer” »
Ethereum layer-2 scaling solution Optimism has disclosed plans to sell 116 million OP tokens to seven private buyers for treasury management purposes. At current prices, the sale will see $159 million worth of OP tokens change hands. Starting today, there will be several transactions totaling approximately 116M OP tokens. We’re sharing as a heads up…
Read More “Optimism to sell $160M in OP tokens to 7 purchasers via private sale” »
The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider was what led to its website’s front end being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen. “After investigation, it is clear that this was a social engineering attack on EuroDNS, the…
Read More “Balancer blames ‘social engineering attack’ on DNS provider for website hijack” »
Adult content creators have continued to shift toward decentralized versions of OnlyFans and Patreon after recent payment difficulties and the ever-present threat of being deplatformed. Leon Lee, founder and CEO of Only1 — a decentralized version of OnlyFans — tells Cointelegraph there has been a recent power shift from intermediaries to content creators, thanks to…
Read More “OnlyFans, Patreon models turn to Web3 amid payment and censorship fears” »
Bitcoin’s (BTC) recovery is facing selling above $27,000, indicating near-term nervousness due to the Federal Reserve’s meeting on Sept. 20. However, long-term investors are unfazed, and they have continued to accumulate. Glassnode data shows that Bitcoin’s inactive supply has been at all-time highs since July. This bullish temperament is not reflected in institutional activity, however….
Read More “BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC” »
None Trading, a trading tool for cryptocurrencies and nonfungible tokens (NFT) built on Discord, has shut down due to a “critical exploit” within its infrastructure. In a Sept. 20 announcement, None Trading said it had “lost a significant amount of funding” as well as “team tokens” crucial for its operations. “Alongside this, we have lost…
Read More “Discord crypto trading bot shuts down after ‘critical exploit’” »
