Bitcoin24h $94,265.66-0.28%

Ethereum24h $1,794.80+1.15%

XRP24h $2.20+0.14%

BNB24h $604.57-0.07%

Solana24h $148.33-3.47%

Dogecoin24h $0.1822+0.58%

Cardano24h $0.7097-1.06%

TRON24h $0.2520+3.45%

Sui24h $3.43-6.25%

Chainlink24h $14.80-1.26%

OnlyFans parent firm loses millions on ether investment

Fenix International, the parent company for OnlyFans, has detailed an $8 million loss on its investment into ether.

Do Chinese investors own the majority of ETH?

Ethereum has numerous links to China, including a director who built Chinese-language apps and a translation of its whitepaper into Mandarin.

Etherscan admitted last year that its labels are often incorrect and that the ‘transferFrom’ function of ERC-20 tokens can be easily spoofed.

Ethereum has close ties to China and throughout its history has encouraged Chinese developers, miners, and network participants.

Bitcoin ordinals sales volume currently sits just $400k behind Ethereum and nearly 8 million inscriptions have been added to the blockchain.