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ERC-404 And ERC-7621 Tokens Explained: The Future Of Fund Management?
Saturday, February 17, 2024 - 11:46am | 573The world of finance is experiencing a tectonic shift, and, at the forefront of this change, are innovative token standards like ERC-404 and ERC-7621. While Bitcoin (CRYPTO: BTC) ETFs have arrived and sparked debate about centralization, these new standards offer intriguing solutions that...
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Crypto Developer Makes $6M Mistake, Locks Up Ether For 100 Years: Here's How It Happened
Thursday, August 3, 2023 - 4:24pm | 667In an unusual turn of events, a developer who was experimenting with their first test token on the online forum 4chan mistakenly locked away five Ether (CRYPTO: ETH) (valued at approximately $9,000) for a century, under the impression they were utilizing testing funds on the Ethereum testnet, as...
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Ethereum To Become Home For Aave's GHO: Are Other Stablecoins At Risk?
Tuesday, July 11, 2023 - 12:06pm | 531Aave Companies, one of the primary contributors to the Aave (CRYPTO: AAVE) decentralized finance (DeFi) lending protocol, wants to initiate the decentralized stablecoin GHO as an ERC-20 token on the Ethereum mainnet. Introducing GHO by means of Facilitators enables users of the third version of...
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Trading Bot Uses $200M Flash Loan To Conduct Deals, Ends Up With Paltry $3 Profit
Wednesday, June 14, 2023 - 1:12pm | 601An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain. According to The Block, the transactions involved a flash loan of $200 million and yielded a minuscule net profit of $3.24. Flash loans are essentially loans without...
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PEPE Whales Swimming In Millions: Top 15 Holders Make Mind-Blowing Profits
Monday, May 8, 2023 - 3:18pm | 561The top 15 holders of the meme cryptocurrency PepeCoin (CRYPTO: PEPE), excluding exchanges and contract addresses, hold a significant share of the total supply. Together, they possess 38.07 trillion PEPE tokens, which account for 9.05% of the entire circulating supply, analysis by on...
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The Memecoin Effect: Bitcoin Transaction Fees Skyrocket As PEPE Steals The Show
Friday, May 5, 2023 - 4:14pm | 541Bitcoin (CRYPTO: BTC) transaction fees have recently soared, reaching a two-year high with the total fees paid on the Bitcoin blockchain amounting to $3.5 million on May 3, marking a 400% increase since late April. YCharts data indicates that the average Bitcoin transaction fee peaked at...