Binance burns another $741 million worth of BNB
The world’s largest cryptocurrency exchange, Binance announced completing its 19th quarterly BNB Auto-Burn. A total of 1,839,786.26 BNB, or the equivalent of $741,840,738.874 USD, was removed from circulation.
243.6 billion SHIB scooped up by whales as token recovers from recent fall
According to WhaleStats, over the past 20 hours, two massive SHIB transactions have been conducted, carrying 193.4 billion and 50.5 billion SHIBA INU. These chunks of the second largest canine cryptocurrency cost investors $1,241,789 and $4,821,938.
SHIBA INU remains the biggest crypto asset by US dollar value held by Ethereum whales. Overall, the top 100 ETH investors hold $1,337,783,668 worth of SHIB; that is the equivalent of 53.4 trillion SHIB or 15.14% of their comprised portfolio.
Bitcoin average transaction fees lowest in two years at $1.04
As evidenced by data provided by Blockchain.com, the average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down to an eight-month average of $2 in July 2021.
Algorand rents Times Square billboard to tout green cred ahead of Earth Day
The Algorand Foundation announced that on Thursday, April 21, it will darken Times Square in New York to exhibit its dedication to sustainability. The takeover will begin with billboards showing an environmentalist call to action before going dark for an hour starting at 8 p.m. ET. The ad spending is pegged to Earth Day in the U.S.
Algorand Foundation CEO Staci Warden told that the event aims to both debunk myths about the carbon impact of blockchain technology and bring awareness to the environmental costs of Times Square billboards themselves.
Gulf Energy pursues joint venture with Binance, invests in BNB
In a separate filing on Monday, Gulf Energy, a leading energy producer in Thailand disclosed that it is pursuing a “joint venture” with Binance to operate a cryptocurrency exchange in Thailand.
Gulf Energy’s filing also disclosed investments in Binance Coin (BNB), which is the native crypto asset of the Binance ecosystem.
Terra’s UST flips BUSD to become third-largest stablecoin
UST’s total market capitalization has surged 15% over the past 30 days to sit at roughly $17.5 billion.
The figure currently places UST, the Terra (LUNA) blockchain’s algorithmic stablecoin as the third-largest stablecoin after it flipped Binance USD (BUSD) with a slightly lower market cap of $17.46 billion.
GMT rises 36.27% after 24h, hitting new ATH
GMT, the governance token of the STEPN ecosystem, continues to demonstrate its growth potential after conquering a new ATH of $3.267.
At a broader time frame, GMT has gained 382.8% in just 1 month and 33,057% since its launch date. With these achievements, GMT is now leading the Top Gainers on the ONUS app.
Global NFT trading volume grows over 200% in 2022
The total volume traded in NFTs has recently exceeded 18 million ETH or $54 billion in aggregate value, according to the data from the cryptocurrency market analytics platform IntoTheBlock retrieved on April 18.
Specifically, IntoTheBlock’s year-to-date chart shows that the global trading volume of NFTs grew from $16.94 billion on January 1, 2022, to $54.58 billion on April 17, which is an increase of 222.2% since the year’s turn.
Fortnite developer Epic Games raises $2 billion to build for the metaverse
Epic Games, the parent company behind the highly popular game Fortnite, has received $2 billion in funding from global entertainment giant Sony and investment company KIRKBI, which founded the Lego Group. The funds will be used to upholster Epic’s metaverse expansion plans.
Tim Sweeney, CEO and founder of Epic Games, said, “This investment will accelerate our work to build the metaverse and create spaces where players can have fun with friends, brands can build creative and immersive experiences, and creators can build a community and thrive”.
ONUS X Hesman: Strategic Partnership
On April 18th, ONUS officially announced a strategic cooperation agreement with Hesman, an NFT project inspired by the classic manga Hesman published in 1993. Specific partnership plans will be announced soon.
See more details about Hesman and terms of cooperation here.