The ethOS phone, the first mobile device to support EVM-based chains and layer 2s, has made waves in the Ethereum community after selling out its pre-sale in less than 24 hours. This news comes weeks after another web3 mobile phone, Solana’s Saga, had its price slashed by 40%. The ethOS phone is a revamped version of the Android-based Google Pixel 7a running on the Ethereum-native mobile operating system, ethOS. This phone runs a light Ethereum client, allowing it to verify blocks on its own and interact with Ethereum without relying on centralized infrastructure like Infura or Alchemy. The ethOS phone comes with a built-in wallet and offers smooth compatibility with other wallets. And while the Pixel 7a is not a hardware wallet itself, it has a special security chip, known as a secure enclave, designed to safely store and encrypt private keys.
Former U.S. President Donald Trump’s NFT collections trading volume spiked by more than 3700% following his surrender to authorities in Georgia on Aug. 24. According to Coingecko data, the former President’s collection Series 1 and 2 trading volume jumped by roughly 300% and 3,750% in the last 24 hours to 18.89 ETH ($31,429) and 9.88 ETH ($16,361), respectively. The increase in sales volume boosted the collection floor prices, with the first collection’s floor price and market capitalization rising to $313 and $14.07 million. Likewise, the second collection saw its floor price and market cap climb to $50 and $2.3 million. Meanwhile, this marks another instance of a Trump-related event influencing the value of his NFT collections. Earlier this year, the sales volume of the former President Series 1 collection rose 461% after a grand jury indicted him.
Former Pepecoin promoter turned crypto influencer Jeremy “Pauly” Cahen has leveled insider trading allegations against the Pepecoin team following the reported theft of around 16 trillion PEPE tokens. Pauly is now exposing team members’ identities, divulging their wallet activities. On-chain analysts also point to significant Pepecoin transactions involving insiders. In an Aug. 26 update, Pauly disclosed that the Pepecoin team possesses approximately $16–17 million in PEPE tokens distributed across nine wallets. Surprisingly, the insiders refrained from selling the holdings. Instead, they strategically offloaded PEPE from a centralized exchange (CEX) wallet, establishing a substantial short position.
“I’ll likely be working with multiple branches of law enforcement to ensure that @degenharambe & the rest of his partners on the @pepecoineth team get brought to justice as soon as possible. Their greed & crimes have caused undue harm to many.” He has additionally revealed personal information about several individuals from the Pepecoin team and detailed their transaction activities. According to Pauly, the Pepecoin team is exploiting the community, and he asserts that their explanations regarding multisig wallets and PEPE holdings are entirely false.
