Ethereum News Daily Official TheBitTimes.com

An NFT trader who noticed a bot was copying his trades tricked the bot out of 800 ETH, worth around $1.5 million. In this week’s newsletter, read about how the team behind Bitcoin Ordinals plans to drive the development of nonfungible tokens (NFTs) on Bitcoin and find out why metaverse platform The Sandbox requires Know Your Customer (KYC) checks for staking. In other news, learn why NFT gas usage is on a downward trend, and don’t forget this week’s Nifty News, featuring an NFT trader tricking a bot and bagging $1.5 million in profit .  Bitcoin Ordinals team launches nonprofit to grow protocol development The team behind Bitcoin Ordinals has launched a nonprofit aiming to boost the development of NFTs on Bitcoin. Dubbed the Open Ordinals Institute, the nonprofit will provide funding for Ordinals developers. The Bitcoin Ordinals protocol was launched in January, and it rapidly became one of the most popular trends in crypto. Users rushed to inscribe their assets like NFTs and Bitcoi...

Join Our Telegram channel to stay up to date on breaking news coverage Binance US, the US subsidiary of the exchange giant Binance, has launched an innovative feature targeting Shiba Inu holders and other cryptocurrency investors. The platform has launched a unique Crypto Box that supports many cryptocurrencies, including canine-themed meme coins. Binance US launches free gifting service for Shiba Inu The newly launch ed Crypto Box for Binance US users will support some of the largest meme coins by market cap, such as Shiba Inu, Floki Inu, and Dogecoin. The users who use the feature will not incur any transaction fees. The launch of this Crypto Box will allow Binance US to cater to the rapidly growing meme coin community. Meme coins started to become popular with the launch of Dogecoin several years ago. The launch has inspired the creation of other meme coins, such as SHIB and FLOKI, which have evolved to provide utility to the holders. Gift what excites you. Gift over...