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Reddit co-founder reportedly paid $15K for 50,000 ETH

Reddit co-founder reportedly paid $15K for 50,000 ETH

Reddit co-founder Alexis Ohanian allegedly paid about $15,000 for 50,000 ETH, or roughly 30 cents for each coin in 2014, during the presale of the cryptocurrency. Reddit co-founder, who departed the social media behemoth in 2020, said in a Forbes piece published on February 21 that his Armenian origin contributed to his attraction to the […]

5 Facts About Crypto Converters

5 Facts About Crypto Converters

A crypto converter is a tool that lets you calculate the price and worth of two or more currencies. Continue reading to read some cool facts about them.  Did you know you can convert the US dollar to Bitcoin (BTC) using crypto converters?  Crypto converters serve very important functions for crypto enthusiasts and investors; their […]

Lido Intends To Create Protocol Withdrawals

Lido Intends To Create Protocol Withdrawals

As the Ethereum community gets ready for the predicted Shanghai hard fork, the Lido development team has announced plans to create an in-protocol withdrawal option. The team is seeking community feedback on the withdrawal plan that will be put into place after the Shanghai renovation is complete. In terms of the total value locked, Lido, […]

Wormhole bridge exploiter transfers $155M in ETH

Wormhole bridge exploiter transfers $155M in ETH

Earlier this week, an explosion of on-chain activity was observed at the address associated with the 320 million-dollar Wormhole exploit. The hacker of Wormhole, one of the largest cross-chain bridges between Solana and other blockchains has transferred stolen cash totalling $155 million in ETH to a decentralized exchange for the first time in months. CertiK’s […]

ENS DAO considers proposal to auction 10,000 ETH for USDC

ENS DAO considers proposal to auction 10,000 ETH for USDC

A member of the Ethereum Name Service (ENS) DAO has suggested in a governance proposal that the organization liquidates 10,000 ether. In a governance proposal, a member of the Ethereum Name Service (ENS) DAO, which stands for decentralized autonomous organization, requested that the group sell 10,000 ether (ETH) to pay for operating expenses over the […]