In all probability, it was a simple mistake, the result of a user setting the Bitcoin transaction fee manually. This sort of thing has happened before—someone made an even costlier blunder this past June, dropping $2.6 million in fees to send $130 in ETH. It was the highest transaction fee ever paid to transfer Ethereum.
Yet another "goose egg" transaction, this time on Ethereum. Someone paid $2.5m USD in transaction fees, to send $133. They almost certainly swapped the fee with the amount to send.https://t.co/3Vp8iHTgGP
Since there was no change from the Bitcoin transaction, the blockchainblockchain explorer Blockstream suggested that it may have been a self-transfer.
According to Bitinfocharts, the average Bitcoin transaction fee is just 0.00025 BTC, or $4.45. That’s down from over $13 (a high for the year) in October. In fact, in late October, a crypto whale was able to move more than $1 billion worth of BTC from Bitcoin wallet provider Xapo to an unknown address and only pay $3 in fees for the transfer.
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Crypto asset manager 21Shares applied for an exchange-traded fund tracking the price of Sui, according to a filing with the U.S. Securities and Exchange Commission on Wednesday.
The 21Shares Sui ETF aims to broaden investors’ access to the native token of the layer-1 network designed for high-speed transactions, which has been dubbed by some as a “Solana Killer.”
The filing named Coinbase as a custodian to safeguard investors’ funds, according to the registration statement, but did not specify...
New CertiK estimates suggest about $364 million was lost through crypto hacks, scams and exploits in April alone.
The cybersecurity firm says the vast majority of this total, $337 million, is related to phishing attacks.
#CertiKStatsAlert 🚨
Combining all the incidents in April we’ve confirmed ~$364M lost to exploits, hacks and scams after ~$18.2m was returned.
KiloEx, Loopscale and zkSync all had funds returned by whitehat exploiters.
~$337M of the total is attributed to phishing.
More… pic.tw...
Anthony Pompliano, a high-profile crypto investor and social media personality, is looking to take his influence public—literally.
ProCap Acquisition Corp., a blank-check company led by Pompliano, filed paperwork with the U.S. Securities and Exchange Commission on Wednesday to raise $200 million in an initial public offering.
The company plans to trade on Nasdaq under the ticker “PCAPU,” with each $10 unit comprising a Class A ordinary share and one-third of a warrant.
Bitcoin Rewards App Fold...