Trader Turns $3,000 into $46M in PEPE, Ethereum Gas Overhaul and Tornado Developer Guilty: Hodler's Digest, May 12-18

High Stories This Week Cryptocurrency Trader turns $3,000 In $46 million In A month as PEPE price flies away

A advised Trader , which East A tearful 15,718 times back on her initial $3,000 investment. THE unknown wallet bought 4.9 thousand billion PEPE For $3,000 on April 15, which East Currently value on $56 million. THE Trader sold 1.41 thousand billion PEPE For $7.4 million And East Currently session on 3.5 thousand billion PEPE, value $38.9 million, according to has A Can 15 X job Since Watch on the channel. PEPEs walk capitalization was around $4.5 billion on Can 15, manufacturing he THE third largest memecoin behind Dogecoin (DOGE) And Shiba Inu (SHIB).

Vitalik Buterin propose Ethereum gas model revision

Ethereum co-founder Vitalik Buterin has propose Ethereum improvement protocol, EIP-7706, which For transaction call data. This new costs would be be separated Since THE existing gas costs For transaction execution And data storage. THE proposal goals has reduce costs For transactions that are data-rich but not computer-wise intensive by setting separated charges For call data, distinct Since THE costs of execution contract coded Or storage data In “blouses”. If THE proposal East accepted, THE Ethereum network will be responsible For setting THE call data costs independently of other fresh.

Tornado Species developer guilty of money whitening

Alexei Pertsev, THE developer of THE cryptocurrency blend protocol Tornado Species, , breeding potentially severe consequences For Open source coded developers. THE developer was sentenced has five years And four month In prison For allegedly whitening $1.2 billion value of illicit assets on THE platform. THE sentencing came despite Tornado Species be A non-custodial crypto blend protocol — meaning that THE funds that go through THE protocol are Never detained Or control by that.

On 600 companies reveal billion In combined investment In Bitcoin AND F

On THE pass week, more that 600 companies In place Bitcoin exchange traded funds (AND F) In their 13F deposits with THE United States Securities And Exchange Commission. According to has THE data, professional investment companies reported possess $3.5 billion value of Bitcoin AND F. Among them are Morgan Stanley, JP Morgan, well Fargo, UBS, BNP Paris, Royal Bank of Canada And hedge funds as Millennium Management And Schönfeld Strategic Advisors, which East THE the biggest BTC ETFs investor with $1.9 billion invested.

Sat Altmann think giving everyone 'A slice of GPT' could pay For UBI

Sat Altman, CEO of OpenAI And chair of Tools For Humanity, by using "calculate" as A Resource. In A recent episode of THE All-in podcast, Altmann discussed how THE advances In AI could remodel socioeconomic....