Bitcoin24h $88,240.82+0.35%

Ethereum24h $2,979.40-0.24%

BNB24h $852.73-0.63%

XRP24h $1.93+0.61%

Solana24h $126.07-0.46%

TRON24h $0.2799+0.04%

Dogecoin24h $0.1321-0.69%

Cardano24h $0.3753-0.93%

Bitcoin Cash24h $594.99-4.82%

Chainlink24h $12.58-0.35%

Ethereum since Shanghai is worse on at least a half dozen benchmarks

Since Shanghai activated in April, Ethereum’s market capitalization, daily transactions, active addresses, and TVL have all declined.

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.

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.