Bitcoin24h $66,831.66-0.99%

Ethereum24h $1,958.79-1.17%

XRP24h $1.37-2.05%

BNB24h $601.31-2.07%

Solana24h $79.86-2.15%

TRON24h $0.2777-0.19%

Dogecoin24h $0.0935+0.11%

Bitcoin Cash24h $518.30+1.47%

Cardano24h $0.2632-1.06%

Hyperliquid24h $30.33-1.40%

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.