ETH Trader Gains $6M After Spending $8K on Memecoin
A month after investing $8,300 in a memecoin with a frog picture, an Ether trader is now $6M richer due to the token’s meteoric price increase on April 11. The market capitalization of the memecoin Apu Apustaja (APU) increased to nearly $200 million on April 11 due to a significant price surge. Before its recent […]
ETH Q1 2024 Earnings Soar by More than 155% in Previous Year
Ethereum blockchain Network saw significant growth in the first quarter (Q1) of 2024, 155% more than in the first quarter of 2023. Coin98 Analytics research indicates that Ethereum’s earnings in Q1 2024 tripled on a quarter-over-quarter basis to $369 million. The sum represented a 210% year-over-year growth from $119 million in Q1 2023. Ethereum’s Q1 […]
Fixed Float Hack: Scammer Transfers $26M Stolen Ethereum
The Scammer transferred the majority of the pilfered Ethereum funds after the compromise of BTC and ETH worth $26 million on Fixed Float. A massive scam has befallen Fixed Float, a decentralized cryptocurrency exchange and coin mixer, dealing the latest damage to the digital asset ecosystem. The cryptocurrency breach led to the loss of Bitcoin […]
Ethena Labs Receives $14M in Funding for ETH-based Synthetic Dollar
Ethena Labs has received $14 million in financing from various crypto industry venture capitals for an Ethereum-based synthetic dollar. Among other investors, venture capital firm Dragonfly provided the financing that Ethena’s team disclosed on February 16. The startup secured $6 million in an earlier round of funding in 2023 from Binance Labs, Gemini, Bybit, Mirana […]
Whale Dumps 33,000 ETH on Binance Sparking Crash Concerns
A possible ETH price collapse is feared by the market after a giant whale dumps approximately 33,000 Ethereum on Binance. ‘czsamsunsb.eth,’ a monstrous cryptocurrency whale identified by on-chain analytics from Spot On Chain, has dumped an enormous 33,000 Ethereum (ETH) onto Binance for an astounding $75.74 million. The action, witnessed concurrently with the ETH price […]