XEN crypto, an ERC-20 token launched in October, accounts for about 15% of all Ethereum gas fees. XEN (a pointless scam token) is currently ~15% of Ethereum gas spend. – 4x more than all L2s.– 20% above OpenSea.– Not far from Uniswap v3. Right now, ETH net issuance is virtually zero. If on-chain activity ever…
The newly launched XEN Crypto is down 39% in the last 24 hours after a user found a way to mint over 100 million tokens on FTX without paying any gas fees. Exploit mints over 100 million tokens According to a report from X-explore, the attacker exploited FTX by deploying an attack contract on-chain and…
XEN Crypto, a new project on Ethereum, is responsible for over 40% of ETH burns and has made the network’s issuance deflationary for consecutive days, according to ultrasound.money data. When XEN launched — Ethereum supply shows reduction from Oct 8th onward… (Note 50% of Ethereum gas fees get burned). Bullish for Ethereum. pic.twitter.com/vA51H4rum5 — Jack…