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Top related persons:
Donald Trump - 2 Zachary Folkman - 2 It's - 1 Folkman - 1 WLF - 1 Donald Trump's - 1 WLF didn't - 1 Trump - 1
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Washington ,
Top related orgs:
Liberty - 2 Trump - 1 White - 1 Washington , D.C - 1 Etherscan - 1 Republican - 1

Search resuls for: "Etherscan"


5 mentions found


☆ Trump-backed crypto coin misses $300 million sales target, raises less than $12 million
  + stars: | 2024-10-16 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +1 min
World Liberty Financial — which bills itself as a crypto bank where customers will be encouraged to borrow, lend and invest in digital coins — began its token sale on Tuesday morning. On Monday, project co-founder Zachary Folkman bragged in a pre-launch stream on X that "well over 100,000 people" were whitelisted to invest. "However, these numbers are just, in my opinion, unheard of, and I think we're setting all sorts of new records in crypto." The platform says, so far, it has sold more than 788 million tokens at $0.015 per token. That is less than 4% of the 20 billion tokens made available for public sale and amounts to around $11.8 million, still well off the $300 million fundraising target.
Persons: It's, Donald Trump, Zachary Folkman, Folkman, WLF Organizations: Liberty, Trump
☆ Trump's coin sale misses early targets as crypto project's website crashes
  + stars: | 2024-10-15 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +1 min
Donald Trump's new crypto project is off to a rough start. But WLF's website suffered regular and lengthy outages for much of the morning and early afternoon, contributing to a limited number of sales. That's less than 3% of the 20 billion tokens made available for public sale. Over the course of the day, the website frequently showed a page saying, "We are under maintenance." The glitchy launch is a potential setback to the Republican presidential nominee with just three weeks until the election.
Persons: Donald Trump, Donald Trump's, Zachary Folkman, WLF didn't, Trump Organizations: White, Washington , D.C, Liberty, Etherscan, Republican Locations: Washington ,
☆ An NFT collector accidentally destroyed a $129,000 CryptoPunk: 'This is truly a devastating mistake for me'
  + stars: | 2023-03-30 | by ( Cheyenne Devon | ) www.cnbc.com   time to read: +1 min
With one wrong move, a non-fungible token (NFT) collector made a very costly mistake. On March 25, Brandon Riley tweeted that he accidentally destroyed his CryptoPunk #685, an NFT he had purchased weeks earlier for 77 ETH, which was worth about $129,437 at the time, according to Etherscan. While following a step-by-step guide on how to complete the transaction, Riley unintentionally sent his NFT to a burn address, he explained on Twitter. A burn address is a virtual wallet that doesn't have a private key, meaning no one can access it. These types of wallets are typically used to permanently destroy a certain number of tokens, thus creating scarcity and potentially causing the price of that token to rise, according to Coindesk.
☆ Factbox: The many companies in Digital Currency Group's crypto empire
  + stars: | 2023-01-12 | by ( Elizabeth Howcroft Hannah Lang | Elizabeth Howcroft | Hannah Lang | ) www.reuters.com   time to read: +3 min
Jan 12 (Reuters) - U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after one of its companies, Genesis, froze customer withdrawals in November. Here is what we know about the many companies Digital Currency Group owns:COINDESKDCG acquired crypto news website CoinDesk in 2016 after previously investing in the outlet. Genesis' crypto lending arm, Genesis Global Capital, announced in November its crypto lending arm would stop making new loans and blocked customers from withdrawing funds, citing the market dislocation caused by the collapse of FTX. Genesis Global Capital had partnered with a number of other crypto companies, including crypto exchange Gemini, to offer a crypto lending product. DCG itself owes $1.675 billion to Genesis' crypto lending arm, according to a November letter Silbert sent to shareholders.
☆ Ether falls as the FTX hacker dumps $74 million worth of the token and swaps it for bitcoin
  + stars: | 2022-11-21 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +2 min
Ether fell as much as 7% Monday as the hacker who looted FTX began dumping tokens. Over the last week, the hacker gradually converted the stolen FTX funds to ether, CoinDesk reported. About $74 million of ether has been laundered into bitcoin using RenBridge, CNBC reports. Elliptic's cofounder, Tom Robinson, told CNBC Monday that hackers were converting the ether into bitcoin using a blockchain bridge product called RenBTC. Per the report, roughly $74 million has been moved to bitcoin from RenBTC so far.
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