Bitcoin24h $75,402.41-2.24%

Ethereum24h $2,326.58-3.49%

XRP24h $1.43-2.89%

BNB24h $623.02-3.25%

Solana24h $85.48-3.50%

TRON24h $0.3298+0.72%

Dogecoin24h $0.0950-3.98%

Hyperliquid24h $43.45-3.24%

UNUS SED LEO24h $10.14-0.05%

Cardano24h $0.2475-4.05%

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.

Beeple turns ETHDenver into a post-apocalyptic wasteland

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.

BitMine’s ETH holdings surpassed an unrealized loss of over $8B today despite spending $16B on the cryptocurrency.

This month, Peter Thiel-backed treasury ETHZilla sold $74.5M of its ETH holdings to retire some of its bonds.