Magic Eden Warns Old Ethereum NFT Listings Are Exposed to Payment Processor Exploit
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Magic Eden scare puts 3,832 NFTs in whitehat protective custody
Yuga Labs’ 0xQuit said the NFTs are safe and will be returned once the risk passes, while holders were urged to revoke NFT permissions.
Tom Lee's Bitmine Adds $70 Million in Ethereum, Holdings Reach 5.93 Million ETH
The company says it holds roughly 4.9% of Ethereum’s supply, with most of its tokens staked to earn rewards.
Bitmine Adds $68 Million in Ethereum as Holdings Near 6 Million ETH
The purchase brings the company closer to its goal of owning 5% of Ethereum’s supply, with most of its tokens earning staking rewards.
Ethereum Foundation warns some tools may break with Glamsterdam upgrade
Developers have been urged to test on Plataberget before Glamsterdam’s new gas model reaches Ethereum’s other testnets and mainnet.
BIG3 NFT buyers sue Ice Cube's basketball league for alleged fraud.
PANews reported on July 8th that, according to Decrypt, buyers of NFTs for the BIG3 basketball league, owned by American rapper Ice Cube, have filed a class-action lawsuit in California court, accusing the league of engaging in false and fraudulent marketing during its 2022 Ethereum NFT sales. The NFTs were divided into two tiers: Fire tier at $25,000 and Gold tier at $5,000. BIG3 promised holders ownership of the team, voting rights, season tickets, and a share of future team sales revenue, claiming these rights would be "permanent," but these promises were not fulfilled. In 2024, BIG3 sold four teams to external investors for approximately $40 million, and the lawsuit alleges that a portion of the proceeds should have gone to the NFT holders, who were among the league's earliest private investors.
Ethereum Proposal Would Let Users Pay Gas Without Holding ETH
EIP-8141 has been a draft since January, and its authors pitch it first as a defense against quantum computers.