Summary: Elon Musk has stated that the salaries of Twitter board members ‘will be $0’ if his takeover bid succeeds Elon was responding to a Tweet suggesting that the Twitter Board members earn between $250k to $300k a year for a ‘part-time job’ The Twitter board, excluding Jack Dorsey, collectively owns 0.12% of the company, …
Tag archives: Ethereum
Terra’s UST Climbs Into Top 3 Stablecoins Above BUSD
Terra’s native stablecoin UST is now the third biggest stablecoin by market cap UST recently upstaged BUSD to claim a spot in the top three Terra’s stablecoin has moved on the uptrend since November 2021, per on-chain data Trading volumes for UST remain lower than BUSD’s transactions The LFG continues to bolster UST’s reserve with …
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Monero Community Attempt To Organize an XMR Bank Run on Centralized Exchanges
Monero’s community is coordinating a centralized exchange bank run. The community believes that the exchanges are misrepresenting their XMR reserves. Monero is also set to undergo a hard fork later this year. As revealed by some of its most prominent community members, the Monero community is banding together to coordinate an XMR bank run. The …
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MetaMask Alerts Apple Users After Collector Loses $650,000 In NFTs To iCloud Phishing Exploit
Decentralized digital wallet MetaMask notified Apple users of a key security concern regarding their private seed phrase MetaMask asked users to disable automatic iCould backups for their wallets The alert follows news of a user who lost an estimated $650,000 in NFTs and digital assets after falling prey to a phishing attack MetaMask, an Ethereum …
Billionaire Mark Cuban’s Ethereum Wallet Gives A Glimpse Of The Investor’s Eccentric Crypto Choices
Mark Cuban’s Ethereum wallet currently holds $455,427 worth of assets including cryptocurrencies such as Ethereum, OCEAN, and RARI. Apart from ETH, Cuban also holds 260,462 USDC which spans 54% of his crypto portfolio. Hotshot tech entrepreneur and billionaire Mark Cuban’s Ethereum wallet gives us a glimpse of his latest crypto selections, including crypto assets that …
Moonbirds NFTs Top 24hr Trade Volume at $157M, as Floor Price Increase By 5x
Quick take: Moonbirds NFTs currently top the list in 24-hour trade volume at $157 million The Moonbirds NFTs went on sale yesterday, April 16th, and are dominating the daily and weekly trade volumes Their trade volume has exceeded that of Meebits and Bored Ape Yacht Club NFTs There are currently 6,920 holders of Moonbirds, with …
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Beanstalk DAO Allegedly Suffers Flash Loan DeFi Exploit Worth $75M
Quick summary: Beanstalk DAO has reportedly been exploited for $75 million through a flash loan The exploiter might have used a proposal to ‘Give 250k Bean to Ukraine’ to kick-start the exploit PeckShiled Inc. has notified the team at Beanstalk of the possible flash loan The exploiter has already started transferring some of the Ethereum …
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Access to Bitcoin Lightning Payments Has Grown by 800% in 1 Year – Report
Quick take: An estimated 80 million crypto users now have access to Bitcoin’s Lightning network This is an 800% growth from one year ago when the figure stood at 100,000 The increased access to the Bitcoin Lightning network is due to several applications integrating the payment option Hyperbitcoinization is not the only way the Lightning …
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Binance CEO Jokes About Buying Twitter as Rumors Grow That Elon is Seeking Partners to Increase His Bid
Quick take: CZ has joked about buying Twitter in response to an Elon Musk tweet that suggested the Twitter board had adopted the Poison pill option out of concern for other bidders Binance CEO later clarified that he had no intention of buying Twitter and was okay with Elon running the social media platform Elon …
NBA’s New Discord Server Hints at Ethereum NFTs For the Playoffs
Summary: The NBA has launched a new Discord server to promote Web3 and NFTs ahead of the playoffs The National Basketball Association has also launched a Twitter feed solely dedicated to NFTs The NBA playoffs kick off today, and the Discord server will allow its first 10k members to add an Ethereum address by 5 …
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Bored Ape Yacht Club NFT Trade Volume Up 176% in 24hrs as Total Market Cap hits $996M
Quick take: The 24-hour trade volume of Bored Ape Yacht Club NFTs has risen by 176% in the last 24 hours The total market capitalization has hit $996 million at the time of writing The floor price of Bored Ape Yacht Club NFTs has hit 109.5 Ethereum The popularity of Bored Ape Yacht Club continues …
Binance Creates Jobs for the Youth in El Salvador To Help Tackle Gang Issues
Summary: Binance is creating jobs for the youth in El Salvador as a way of helping with gang issues in the country According to CZ, in the last two weeks, Binance has hired 7 staff, sent out 13 job offers, and posted over 50 openings President Nayib Bukele is committed to eradicating gangs from the …
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ETH’s Vitalik Doesn’t Oppose Elon Running Twitter but Disagrees With Hostile Takeovers by Wealthy People
Summary: Ethereum’s Vitalik Buterin has chimed in on the Elon Musk and Twitter saga Vitalik does not oppose Elon Musk running the social media platform However, he disagrees with wealthy people and organizations orchestrating hostile take-overs of social media firms He believes such hostile takeovers could go wrong if the buying entity is ‘ethically challenged’ …
Ethereum in the Enterprise 2022 Conference to Spotlight the Advances, Products and Services Shaping the Web3 Ecosystem on April 21
Conference to Host the EEA’s First-Ever Product and Services Showcase Featuring API3, BlockApps, Blocknative, ChainAPI, ConsenSys, Crowdz, Dimitra, Equideum Health, Green Hydrogen Solutions, Rock’n’Block, TRON, VMware, Web3 Labs and More WAKEFIELD, Mass. — April 15, 2022 — The Enterprise Ethereum Alliance (EEA) today announced Ethereum in the Enterprise 2022: Building and Operating on the Ethereum …
Tornado Cash Blocks Ethereum Address Linked to Axie Infinity Hack as it Complies to Sanctions
Quick take: The Ethereum mixer of Tornado Cash has blocked several Ethereum addresses highlighted and sanctioned by the US Office of Foreign Assets Control One of the Ethereum addresses belongs to the North Korean hacker group known as Lazarus, responsible for the $625 million Axie Infinity exploit Tornado Cash is using a Chainalysis smart contract …