Bitcoin24h $83,172.11-0.15%

Ethereum24h $1,813.44-0.44%

XRP24h $2.06-0.20%

BNB24h $591.92-0.87%

Solana24h $115.89-3.26%

Dogecoin24h $0.1622-2.41%

Cardano24h $0.6487-0.46%

TRON24h $0.2385+1.22%

UNUS SED LEO24h $9.44+0.86%

Toncoin24h $3.51-8.79%

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.