Almost half of SHIBA INU’s initial circulating token supply has been burned
Since the start of September, 329.8 million SHIBA INU tokens have been burned, according to shiba-burn-tracker.com.
SHIBA INU tokens are burned on multiple occasions daily to tackle the issue of oversupply. In total, approximately 410 trillion SHIB tokens have already been burnt from the initial supply of 1 quadrillion.
Top 10 Daily Losers
On September 7th, $BTC plummeted to $18,665, the lowest level since June 19th. In the past 24h, most altcoins experienced severe crashes as $BTC plummeted.
$RBP, the native token of the Pikaster ecosystem, is currently suffering the biggest correction, dropping 26.9%. Following behind are $DC (down 22.41%), $FLUX (down 17.73%), $LDO (down 26.82%),…
Ethereum Domain Names (ENS) are the most traded NFT asset on Opensea
Ethereum Name Service (ENS) domain names have surpassed Bored Ape Yacht Club (BAYC) as the most traded asset on nonfungible token (NFT) marketplace OpenSea over the last seven days — seemingly ahead of the Ethereum Merge.
There are now over 2 million ENS items on OpenSea spread among more than 508,000 owners, with total sales now sitting at 2,682 ENS domains sold.
Binance will stop supporting USDC, certain other stablecoins by Sept. 29
On Sep. 5, Binance has revealed that it would remove USD Coin (USDC), TrueUSD (TUSD), and Paxos Standard (USDP) as tradeable assets on its platform and convert its users’ balance in these stablecoins to Binance USD (BUSD) by Sept. 29.
According to Binance, the move is geared toward enhancing liquidity and capital efficiency for its users.
Ethereum announced successful implementation of Bellatrix upgrade on Beacon Chain
The Bellatrix upgrade is seen as one of the last necessary steps prior to the official Merge, which will see Ethereum transition to a proof-of-stake (PoS) consensus mechanism between Sept. 10-20.
After Bellatrix, the Merge is scheduled to take place in the so-called “Paris” upgrade. This is expected to take place between Sept 13th-15th.
Polkadot launches open-source unbounded font
The Web3 Foundation (W3F), the organization responsible for funding the Polkadot platform, has successfully deployed the first free, open source and blockchain-funded typography font product called Unbounded.
According to the Web3 Foundation, Unbounded will be made available under an “open font” license, which means anyone can download and use it for any purpose.
Chainplay report reveals 3 in 4 investors join crypto because of GameFi
Chainplay’s recent report, the State of GameFi, revealed that 3 in 4 investors join crypto to profit from GameFi, and 68% of existing GameFi investors joined the market within the last year.
A total of 2428 GameFi investors from around the globe joined Chainplay’s survey. A majority of them (51%) said the primary motivation for joining GameFi is making a profit, while 43% of female respondents said they invest in GameFi out of curiosity.
Top 5 Trending Assets
$LUNC became the focal point on ONUS today after witnessing a significant growth of 150% after only 7 days. These achievements have helped $LUNC lead the Top Trending and rank second in the Top Gainers on ONUS with 112.87k views.
$BTC came in second with nearly 32 thousand views, followed by $ETC, $USTC, and $PEOPLE – assets that are frequently discussed in ONUS communities.
More than 11% of UAE residents have set foot in crypto space
As the United Arab Emirates (UAE) gears up to become a global crypto hub, approximately 11.4% of its residents have entered this sector, according to the Telecommunications and Digital Government Regulatory Authority (TDRA).
A YouGov survey shows that 67% of UAE residents are interested in entering the crypto industry in the next five years, it seems the sky’s the limit for this sector in the country.