How This Whale Lost 100 ETH Through An ENS Domain Name
An ETH whale has incurred a massive loss on account of participating in a meme trend that has been gaining traction on Twitter. The meme trend was in direct connection to the ENS domain names and their growing popularity in the NFT space. Some domain names have been receiving high bids lately, and users in […]
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Nickelodeon’s sell-out NFT drop has surged to second place on OpenSea’s 24-hour sales volume chart, and former Simpson’s animator Erick Tran is working on an animated NFT series. A major Bored Ape Yacht Club (BAYC) NFT hodler lost 100 Ether (ETH), worth $150,000 as a result of a joke bid on his own registered Ethereum Name Service (ENS) domain. The NFT whale, who owns 57 BAYC NFTs and goes by @franklinisbored on Twitter, minted the ENS domain “stop-doing-fake-bids-its-honestly-lame-my-guy.eth” using an alternate wallet on July 20. The move was a part of a meme discussed with other NFT....
After making an all-time high of $112K, $BTC seems to have lost some steam. It’s now consolidating around the $110K mark. Data from CryptoQuant shows that this might be due to profit booking by new whale accounts. These whale addresses have booked $3.21B in profits as compared to only $679M by older wallets. Since April […]
A good portion of the bitcoin supply has been lost due to holders dying or forgetting their private keys. These coins will never be recovered and are regarded as lost bitcoins. They play into the scarcity factor that drives the value of bitcoin up. It is estimated that 20% of the digital asset has been lost. These could technically still be recovered but it is unlikely since losing a private key means losing the coins held in the wallet. Since so much of the asset is lost, the rest remaining in circulation are more valuable than ever, especially given the limited supply of bitcoin.....
April's news that Blockchain.info would be managing the 'Bitcoin.com' domain name for a period of five years made a splash in the community. It's prime internet real estate, not to mention easy to remember. A premium domain broker is now attempting to sell the revered BTC.com domain name. If the fact that a three-letter domain name wasn't enough, it also represents the most common abbreviation of bitcoin. So if you're not getting the point here, it's a rare domain, and it's likely anything but cheap. "Whether you're a Bitcoin startup or existing company wishing to solidify your authority....
Bitcoin has become big business, if you weren't already aware. So it should be no surprise that bitcoin-related domain names are going for a pretty penny while on the market. Such is the case with BitcoinWallet.com - a domain name owned by entrepreneur Niko Younts. Younts tweeted that the domain fetched a whopping $250,000. But it doesn't end there. Younts has a similar domain, BitcoinWallets.com (plural) that is expected to bring in $200,000. That's nearly a half-million for two domain names. The domains were registered in 2010 and 2011, respectively. A quick Whois of the....