Tag: Token

LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets – Bitcoin News

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After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1 blockchain. In addition to the defi projects re-joining the Terra ecosystem, the whistleblower known as Fatman continues to accuse Terraform Labs (TFL) and Do Kwon of manipulative tactics such as allegedly lying about making LUNA 2.0 community-owned. Fatman alleges Kwon and TFL…

Biggest Ethereum Whales Load Up on One Exchange Token and Three Decentralized Finance Altcoins: On-Chain Data

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Ethereum’s richest bagholders are currently loading up on one exchange token, plus three other altcoins in the decentralized finance (DeFi) sector. According to data from blockchain tracking service WhaleStats, the top 100 Ethereum whales have their eye on WOO, the utility token that powers WOO Network, a decentralized exchange (DEX) that aims to provide deep liquidity and super-efficient order execution. At time of writing, WOO is the most purchased altcoin amongst Ethereum’s 100 biggest whales within the last 24 hours, excluding stablecoins. Behind WOO network, Ethereum’s biggest whales are accumulating…

Apecoin Community Votes on Keeping APE Token in the Ethereum Ecosystem – Altcoins Bitcoin News

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The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While AIP-41 voting started today, the proposal’s voting process will end on June 8, 2022, at 9 p.m. (ET). Meanwhile, the project’s native token APE has lost 57% against the U.S. dollar in the last 30 days. Apecoin Community Begins Voting on Whether or Not Asset Should Remain Operating on Ethereum This week the Apecoin community is voting on whether or not the native token apecoin (APE) should remain…

After Various Token Sale Rounds, ‘MetaFi’ Platform Choise.com Will List CHO Token on Popular Exchanges

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According to information on the Choise.com website, after successfully completing token sale rounds, the company will proceed to the TGE (token generation event) stage. Listing of the CHO token is planned on the leading DEX exchanges: UniSwap and Raydium. The company confirmed this information, specifying that the listing will happen on June 7. From January 2022 onward, several rounds of sales of CHO token allocations on Crypterium, SolRazr, OccamRazer and Bitbns launchpads were successfully completed. At the end of April, the project team closed the last round by packing CHO…

LABEL Foundation Integrates With Binance Custody to Offer Cold Storage Support for $LBL Token – Press release Bitcoin News

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press release PRESS RELEASE. LABEL Foundation has announced that it has officially integrated with Binance Custody to take advantage of their highly secure cold storage solution. With this integration, LABEL’s native tokens can be kept safely as the $LBL is now supported by Binance Custody and the tokens are safely stored using their institutional and insured cold storage feature. Moreover, both BEP-20 and ERC-20 are available for deposits as well as withdrawals. If all goes well, the LABEL team hopes to further expand its partnership with the Binance ecosystem in…

All of DeFi’s Benefits in One Token

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Source Protocol – an up-and-coming smartchain and interoperable DeFi ecosystem – has set out to lower the barriers of entry to this new financial landscape through its suite of products and automated protocols that allows users from all walks of life to easily participate in DeFi. In this pursuit, Source is preparing to launch its first utility-based reward token, Source Token (SRCX); a smart contract token that enables users to passively participate in DeFi markets. SRCX Yield Echoes and the Dynamic Compound Liquidity Pool (DCLP) Launching on Binance Smart Chain,…

Optimism token falls 40%, prompting calls to bar dumpers from airdrops

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Optimism’s freshly launched governance token, OP, has plunged 40% since peaking at $2.10, leading members of the community to discuss baring those who dumped their tokens from future airdrops. Cointelegraph reported on Tuesday that the Ethereum layer-2 scaling solution was overwhelmed with demand for the first OP governance token airdrop, as 5% of the token supply was distributed to around 250,000 eligible users. As per CoinGecko data, the token opened at roughly $1.43 before surging to $2.10, but as more users got their hands on the free airdrop over the…

Ethereum’s Optimism Airdropped Governance Token, Here Is How It Went

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A very expected launch went live as the governance token OP was airdropped by the Ethereum layer-2 scaling solution Optimism. Why So Optimistic? In a mission to fund public goods and create a sustainable future for Ethereum, the Optimism Collective firmly believes that “positive impact to the collective should be rewarded with profit to the individual,” thus this latest airdrop is one more step in their process of creating “a new model for properly rewarding those who create or sustain public goods.” “The Optimism Collective will dispel the myth that public…