Ethereum

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April

Ethereum Name Service

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 ENS founder Nick Johnson urged users to check their own addresses and reclaim their deposited funds. 
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<div class="cointelegraph"> 
 After years of leaving 39,712 Ether (ETH) <a rel="noopener noreferrer nofollow" title="locked" href="https://thebittimes.com/tag/locked.html">locked</a> at the Ethereum Name Service (ENS) <a rel="noopener noreferrer nofollow" title="auction" href="https://thebittimes.com/tag/auction.html">auction</a>, a whale using the domain “darkmarket.eth” has re<a rel="noopener noreferrer nofollow" title="claim" href="https://thebittimes.com/tag/claim.html">claim</a>ed the digital assets and transferred over $119 million in ETH to a new wallet.&nbsp; 
 <blockquote class="twitter-tweet"> 
 After 2.7 years of dormancy, darkmarket.eth reclaim 39,712 $ETH ($74.17M) locked in the ENS auction just now. And transferred 63,734 $ETH($119M) out to a new wallet.https://t.co/OtXYRpcOhn pic.twitter.com/rXKpT1OzrA— Lookonchain (@lookonchain) July 31, 2023 
 </blockquote> 
 Back in 2021, ENS founder and lead developer Nick Johnson tweeted a reminder for the owner of the “darkmarket.eth” domain to re<a rel="noopener noreferrer nofollow" title="claim" href="https://thebittimes.com/tag/claim.html">claim</a> their ETH that was <a rel="noopener noreferrer nofollow" title="locked" href="https://thebittimes.com/tag/locked.html">locked</a> up in ENS deposits from its first two years. The ENS founder also provided a link that would allow those with ETH deposited in ENS <a rel="noopener noreferrer nofollow" title="auction" href="https://thebittimes.com/tag/auction.html">auction</a>s to re<a rel="noopener noreferrer nofollow" title="claim" href="https://thebittimes.com/tag/claim.html">claim</a> their digital assets.&nbsp; 
 However, despite the reminder, the funds were reclaimed only after two years and five months. On July 31, on-chain analytics firm Lookonchain flagged that the funds were reclaimed and darkmarket.eth’s 63,734 ETH, worth $119 million at the time of writing, was transferred to a different wallet. 
 According to Johnson, there are still over 100,000 deeds that remain un<a rel="noopener noreferrer nofollow" title="claim" href="https://thebittimes.com/tag/claim.html">claim</a>ed at ENS. The domain service developer highlighted that these are worth tens of thousands in ETH and urged users to check their own addresses and <a rel="noopener noreferrer nofollow" title="claim" href="https://thebittimes.com/tag/claim.html">claim</a> their funds. 
 Related:&nbsp;Ethical hacker retrieves $5.4M for Curve Finance amid exploit 
 Meanwhile, at least two other dormant wallets worth millions of dollars have woken up this month. On July 19, a wallet containing pre-mined Ether worth $116 million moved its funds to a Kraken exchange address after 8 years of leaving it alone. The wallet was worth around $20 million at the time it was pre-mined, giving the owner a return of more than five times. 
 On July 24, a dormant wallet moved over $30 million in Bitcoin (BTC) after being left alone for 11 years. The address acquired the assets back in April 2012 when Bitcoin was worth only $4.92, meaning that the stash was only worth $5,108 back then. 
 Magazine: Hall of Flame: Wolf Of All Streets worries about a world where Bitcoin hits $1M 
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Whale reclaims $74M in ETH locked in the ENS auction

TheBitTimes

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