Data from the crypto analytics platform Spot on Chain revealed that DWF Labs, a Web3 investment firm, received 120 million TOKEN from Floki. The transfer of TOKEN to DWF Lab’s controlled wallet came in two tranches of 60,000,000 (60 million) TOKEN each. According to Spot on Chain, Floki transferred the assets from its Multisig wallet….
Fast-growing multi-chain protocol Floki recently shared data from its newly launched staking program, highlighting $48.9 million in total value locked (TVL). The team behind Floki revealed users staked 1.5 trillion FLOKI in three days, a figure that accounts for 15% of the token’s total supply. The protocol underscored the outlook of its Annual Percentage Yield…
The cryptocurrency market is currently experiencing a significant uptrend, signaling robust and sustainable bullish momentum. With Bitcoin leading the charge, the market breadth is expanding, indicating that a substantial number of coins, including Solana (SOL), Polygon (MATIC), and Vechain (VET), are actively participating in the rally. Amidst this promising scenario, ScapesMania is emerging as a…
Neo recently announced the integration of GPT-4.0 into their platform. Meanwhile, VC Spectra (SPCT) proved itself the best crypto investment,… The post The Ultimate Investment Face-Off: NEO, VC Spectra, Or dYdX? first appeared on The Crypto Basic. #Ultimate #Investment #FaceOff #NEO #Spectra #dYdX
Amid the recent Xahau launch, Ripple CTO David Schwartz believes the XRPL-based sidechain is a good avenue to test the feasibility of smart contracts introduced by the Hooks amendment. Notably, the XRP Ledger (XRPL) ecosystem has recently welcomed a new member: Xahau, a sidechain that implements smart contracts functionality through the Hooks amendment. Xahau was…
The crypto market is bustling with new opportunities in 2023, as crypto fans look for the next big hit that could yield substantial returns, as well as hot new meme coins that are buzzing with hype. Among the sea of options, certain cryptocurrencies are standing out for their growth potential, especially in the vibrant meme…
As XRP Ledger-based chain Xahau goes live, giving market participants an opportunity to mint XAH by burning XRP, the XRP Army ponder the impact of such an ongoing system on XRP. Specifically, they are curious about the rate at which XRP is being burned as people exchange it for XAH tokens via minting. In a…
Shiba Inu Community Torches Over 1.46 Billion SHIB in October 2023. Shiba Inu’s monthly burn rate fell as the Community destroyed 1.46 billion SHIB tokens in October 2023. Shiba Inu Community has removed 1,461,135,923 (1.46 billion) SHIB tokens from circulation over the past thirty through seven hundred and fifty-three (753) separate transactions. 🔥🔥🔥 1,461,135,923 $SHIB…
Wallets associated with bankrupt FTX and Alameda Research recently moved $13.6 million to Binance and Coinbase, deepening current selloff fears. Crypto analytics platform SpotonChain flagged the transfer, initiated in a span of 10 hours. Per the update from Spot on Chain, Coinbase received a larger share of the transferred assets. The recent series of transactions…
Sam Bankman-Fried denies knowing about the misappropriation of FTX customers’ funds as his heated testimony finally ends. Popular cryptocurrency entrepreneur Sam Bankman-Fried (SBF) concluded his testimony yesterday, October 31, in the ongoing criminal fraud trial surrounding the collapse of FTX. Federal prosecutors grilled the FTX founder to ascertain his role that led to the collapse of…