ApeCoin (APE) underwent a modest selloff a day after the Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported losing $2.4 million worth of digital collectibles in a robbery. APE price rally to $25 stalls The hacker compromised BAYC’s official Instagram account, using it to post a phishing link that withdrew tokens out […]
Tag Archives: 24M
DApp daily users surge to 2.4M in Q1 2022 despite headwinds
According to a new industry report published by DappRadar, the number of users engaging in decentralized applications, or DApps, every day surged 396% year-over-year to 2.4 million. This is only 5.8% below the same user activity level witnessed in Q4 2021. The overall growth was impressive, considering that during the quarter, the cryptocurrency sector saw […]
Mining Pool Distributes $2.4M Transaction Fee After Flood of Phoney Refund Claims
A mining pool has called time on the wait for an ether whale to reach out after making a transaction with an unusually high fee worth in the millions of dollars last week. Bitfly, the company behind the Ethermine pool, announced Monday it had opted to distribute a total of 10,668 ETH (now worth just […]
Bittrex Is Puzzled Over 24M Stolen STEEM Tokens on Its Holding Account
Soon after an unknown entity “rescued” $5.7 million worth of STEEM tokens from a “New Steem” hard fork seizure, Bittrex confirmed that the funds reached their account. The crypto exchange now faces a difficult decision of what to do with the 23.6 million STEEM tokens allegedly stolen from Steem witnesses. In a May 21 statement, […]