Tom Lee’s ETH losses at Bitmine exceed FTX customer losses
Bitmine Immersion Technologies Chairman Tom Lee has lost more of his investors’ money buying ETH than FTX lost on behalf of its customers.
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Bitmine Immersion Technologies Chairman Tom Lee has lost more of his investors’ money buying ETH than FTX lost on behalf of its customers.
Read more (2 min) →NFT artist Beeple is critiquing the collapse of Ethereum with a grim pigeon-infested depiction of this year’s ETH Denver conference.
Peter Thiel and Founders Fund lost tens of millions of dollars investing in ETHZilla, a struggling ETH treasury company.
This month, Peter Thiel-backed treasury ETHZilla sold $74.5M of its ETH holdings to retire some of its bonds.
Shares of the world’s largest publicly traded ETH treasury company, BitMine Immersion Technologies, have crashed by over 80% since June 3.
On Sunday, Ethereum users were unstaking $4 billion worth of ETH from the network due to two impactful headlines from finance.
Security researchers flagged Ethereum's Pectra update for heightened risk of theft from malicious smart contracts.
Back in February, Eric Trump tweeted, "great time to add $ETH. You can thank me later." Its price has since declined 39%.
It costs 70% less BTC to buy ETH today than it did two and a half years ago when Ethereum abandoned proof-of-work.
With a current daily positive supply of just over 1,570, ether is projected to become net-inflationary in just over 24 hours.