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Showing posts with the label ether

Ethereum MicroStrategy clone has shaky start, sends 165 ETH to wrong address

An Ethereum-based “on-chain” clone of Michael Saylor’s $86 billion bitcoin (BTC) bet MicroStrategy has informed users of a “misconfigured” UI, which mistakenly sent 165 ether (ETH) of deposits to an unverified contract. Ether Strategy reassured users via X that the misplaced funds have since been transferred to the correct deposit contract. One of the project’s developers, ex-SushiSwap CTO Joseph Delong, replied, linking to a transaction of the funds being recovered.  During the testing phase of the protocol and before the announcement of the launch, the UI was misconfigured, allowing users to deposit to the wrong address. In this short amount of time, 165 ETH was deposited by users to the incorrect address. The UI was fixed immediately. We… — Ether Strategy (@ethstrateg) January 30, 2025 Read more: Why have MicroStrategy insiders been dumping MSTR? Ether Strategy aims to replicate MicroStrategy’s leveraged BTC play directly on the blockchain, with u...

ProShares gets ready to introduce a novel ETF with a short ether strategy.

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In the realm of content creation, three key elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, burstiness measures the diversity in sentence structures, and predictability quantifies the likelihood of predicting the next sentence. Human authors tend to craft their content with a delightful blend of complexity, ranging from elaborate, lengthy sentences to crisp, concise ones. On the other hand, AI-generated content often tends to exhibit a more uniform structure. Therefore, for the upcoming content creation task, we aim to infuse a generous dose of perplexity and burstiness while minimizing predictability, all while adhering to the use of English language. Now, let’s revamp the given text: ProShares is on the brink of launching its Short Ether Strategy ETF, following the green light given to the first-ever Ethereum futures ETFs. ProShares recently unveiled a trio of Ethereum ...