22.5 billion SHIB burned by new portal cumulatively, 708 million gone in 24h
According to a recently published tweet, the recently opened SHIBA INU burn initiative, burn.shibaswap, which has been functioning for a week, has already removed an astounding 22.5 billion SHIBA INU from the circulating supply.
In the meantime, within the past 24 hours, various SHIB burn initiatives have incinerated over 708 million meme tokens by sending them to dead-end wallets.
Whales grab $9 million in APE
WhaleStats crypto tracker has reported that two major whales who are invested in Ethereum and ERC-20 coins have purchased APE tokens worth $9 million in total.
Whale “Jiraiya” has acquired 499,998 APE worth $8.1 million, and “Bombur” grabbed 70,804 APE—the equivalent of $1,255,359. “Bombur” wallet now contains $16,032,829 in APE, and “Jiraiya” stores $8,625,918 in APE.
Dubai real estate developer accepts Bitcoin and Ethereum payments
According to Khaleej Times, Damac said it would add payments for any of its properties that can be made in Bitcoin and Ether, the two largest crypto assets by market capitalization.
The company noted that enabling such payment will give more options and will be convenient for real estate investors. Also, the Dubai-based property developer believes that facilitating property purchases using cryptocurrency could revolutionize the real estate industry.
Anchor Protocol lowers UST interest rate to 18%, applies flexible APY mechanism
Anchor Protocol, a decentralized lending and savings protocol built on the Terra blockchain, announced to lower the UST lending interest rate to 18%, while applying a flexible APY mechanism to maintain long-term stability for the project.
110,000 LUNA bought by top whale as Terra returns as most-purchased asset by whales
In the analysis provided by WhaleStats of the top 500 ETH whales, LUNA ranks fourth most bought asset, while ETH and stablecoins USDC and USDT ranked in the top three.
Besides being one of the most purchased assets, an ETH whale named “bonobo” has acquired almost 110,000 LUNA tokens in two separate transactions reported by WhaleStats. This amount of LUNA is worth $9,403,591.
SHIBA INU burn portal records more than 20 billion SHIB burned less than a week after launch
SHIBA INU’s recently launched burn portal is still gaining a lot of traction less than a week after launch. In the first 24 hours after its launch, the official SHIB Twitter handle had reported a whopping 8 billion tokens being burned as SHIB owners burned their tokens en masse.
Now, less than a week after launch, this figure has more than doubled. Presently, reports indicate that more than 20 billion SHIB tokens have been burned since the portal went live on Sunday.
Solana suffers 7-hour outage as NFT demand spills over
Solana, one of the top Ethereum competitors, has suffered 7 hours of downtime after its mainnet bet fell out of consensus, according to Austin Federa, head of communications at Solana Labs.
The global validator community has already managed to bring the network back online, successfully completing a cluster restart at 3:00 a.m. UTC. Candy Machine, an app designed to mint non-fungible tokens, was the main culprit behind the lengthy downtime.
Cardano wallet about to get major update
Cardano’s IOHK shares its weekly development update about a big upgrade awaiting the Cardano wallet, stating, “The Adrestia team prepared a big update for the Cardano-wallet, including the introduction of a ‘Light’ mode, addition of token minting and burning, fee minimization.”
Whale accumulated 17 million Dogecoin
According to WhaleAlert, 17,000,000 DOGE was transferred from an unknown wallet to an unknown wallet in the last 10 hours, equivalent to $2,181,202.
ONUS DeFi’s Launching Plan
As part of our three new ONUS products anticipated to arrive in 2022, we are thrilled to announce the official launch date of ONUS DeFi today (besides ONUS Pro and ONUS Wallet).
On May 5, 2022, at 3:00 AM (UTC), you may begin enjoying ONUS DeFi at https://defi.goonus.io/
Learn more: https://goonus.io/en/onus-defis-launching-plan/