Whales grab 383.7 billion SHIB
As reported by WhaleStats, the amount of SHIB held by the top Ethereum whales has substantially increased after they acquired another 383.7 billion meme tokens.
Whales on Ethereum are presently holding a total of $163,682,816 worth of SHIBA INU in their wallets. On Friday, they held $158.5 million in this popular meme coin. Thus, they have bought $5.1 million worth of SHIB, which equals to 383,747,178,329 meme coins.
FTX increased revenue by 1,000% in 2021
The crypto winter has been a great opportunity for FTX to grow —unlike some of its competitors that are struggling to survive.
The world-famous cryptocurrency exchange platform FTX increased its revenue by more than 1,000% during 2021, from $89 million to $1020 million. During the first quarter of 2022, it made over $270 million in profit and is on its path to accumulating over $1.1 billion in revenue, according to sources cited by CNBC.
Prominent Cardano developer calls testnet ‘severe crash’
Adam Dean, one of the most prominent Cardano developers, warned that the version 1.35.2 contained a critical bug that was discovered as stake pool operators rushed to upgrade on the mainnet and caused the creation of an incompatible fork.
Cardano co-founder Charles Hoskinson has responded that the vulnerability in 1.35.2 was removed in version 1.35.3, and noted that retesting the code would not benefit DApps developers who have been waiting for the upgrade for almost a year.
Whale accumulated 3,107 BTC
According to Whale Alert, in the last 24 hours, 3,107 BTC was transferred from Coinbase to an unknown wallet. This amount of BTC is worth $65,233,507.
Highlights of the week
$FLOKI partners with $LINK
Iron Bank integrated with $OP
$XMR V15 hard fork completed
$GMT launches NFT collab with Atlético de Madrid
$FTM wallet fires up the grill to burn spam NFTs out of existence
Canadian regulatory body allows $CRO pre-registration for operations in Canada
Brave Wallet now supports Solana on mobile
Brave have released a new update for the Brave Wallet. The Brave version 1.42 now supports Solana on mobile, enabling users to store & send SOL tokens on Android & iOS.
With version 1.42, Brave Wallet mobile users on Android and iOS can create a new Solana wallet, import an existing Solana wallet, send and store SOL and SPL tokens.
Whale accumulated 45 million XRP
According to Whale Alert, in the last 24 hours, 45,660,806 XRP was transferred from Bitstamp to an unknown wallet. This amount of XRP is worth $15,453,070.
Long liquidations hit $562 million in 24h
Yesterday, the market recorded the highest daily number of liquidations since June 13, 2022. Long liquidations reached $562 million in just 24 hours.
Most of these losses were in the BTC and ETH markets. However, total long liquidations in other altcoins reached as much as $144 million. The reason is the collapse of Bitcoin’s upward price structure and its sharp decline.
Huobi Global x ONUS: Strategic Partnership
After a period of active exchange and discussion, on August 23, ONUS will officially sign a strategic cooperation agreement with Huobi Global, the world’s leading cryptocurrency exchange.
The cooperation aims to develop suitable products and campaigns to expand the market and develop the community, increasing the benefits for the community of both platforms.
Stepn launches NFT collab with Atlético de Madrid
Stepn has teamed up with Spanish soccer team Atlético de Madrid and all-in-one crypto exchange Whalefin to release a new collection of 1,001 soccer boot NFTs in Stepn’s “move-to-earn” running app.
Every NFT owner is automatically entered into a prize draw for a holiday and hotel accommodation, in addition to tickets to a match at Atlético de Madrid’s home stadium, Civitas Metropolitano. Holders of uncommon boots receive the club’s official shirt, while holders of rare boots will receive autographed shirts.