Highlights of the week
$EGLD introducing Metastaking
$SOL announces the launch of Solana Pay
$LTC announces Mimblewimble and Taproot upgrades
$FTT buys crypto exchange liquid group for expansion in Japan
Archives: Fast News
-
Highlights of the week
-
63 billion SHIB tokens purchased by whales
63 billion SHIB tokens purchased by whales
According to data provided by Etherscan tracker, large cryptocurrency holders, known widely as crypto whales, have acquired a massive amount of the second-largest meme token, SHIBA INU (SHIB).
Etherscan has spotted four transactions, which transferred a total of 63 billion SHIB tokens to four wallets, equivalent to $1,386,000.
-
Avalanche foundation makes strategic investment in EonXI Labs to back Web 3.0 startups and founders
Avalanche makes strategic investment in EonXI Labs
The Avalanche Foundation announced that it has made a strategic investment in EonXI Labs, a US-based incubation lab to back Web 3 organizations, startups, and founders.
-
Bitcoin reclaims $40,000
Bitcoin reclaims $40,000
After declining over 42% since its all-time high of nearly $69,000 on Nov.10 last year, Bitcoin, the largest cryptocurrency by market capitalization, is recovering and gaining 9.55% after 24 hours, leading to a growth in the price of the entire market.
Bitcoin is currently trading at 41,520 USD and accounting for over 41% of the total $1.6 trillion cryptocurrency market capitalization.
-
SHIBA INU now has its own fast food chain
SHIBA INU now has its own fast food chain
According to a recent post by SHIB dev Shytoshi Kusama, SHIBA INU teamed up with Welly’s, an Italian fast-food restaurant.
As part of the partnership, Welly’s conducted a full rebrand, making the Shiba Inu dog its new mascot and adjusting its menu and marketing strategy. The customers at Welly’s will also be able to use the SHIB token as a means of payment.
-
36.7 trillion SHIB whale expands portfolio
36.7 trillion SHIB whale expands portfolio
Data shared by WhaleStats shows that a major Ethereum whale, who also holds more than a mind-blowing 36 trillion of SHIBA INU in its portfolio, has bought 4,530,000 Loopring (LRC), equivalent to $3,949,226.
-
NFT trading volume eclipsed $16 billion in January
NFT trading volume eclipsed $16 billion in January
According to DappRadar report, despite massive carnage on cryptocurrencies markets, in January 2022, the NFT segments witnessed $16 billion in trading volume across all mainstream markets and protocols.
The NFT space has a fresh leader: novel platform LooksRare that made headlines by its LOOKS token rewards program processed $10.7 billion in trading volume, while OpenSea handled a total of $4.7 billion.
-
Over $4.5 billion worth of Ethereum has already been burned
Over $4.5 billion worth of Ethereum has already been burned
According to data from the tracking website Watch the Burn, a total of 1.747 million ether worth $4.58 billion has been burned since August, with an average of 307 ETH worth $800,000 being burned per hour, and 12,300 worth $32 million being burned per day.
-
GameStop launches NFT marketplace on Immutable X, creates $100M dev fund
GameStop launches NFT marketplace on Immutable X, creates $100M dev fund
Immutable has announced a new partnership with GameStop to launch a marketplace for nonfungible tokens (NFTs) later this year.
Immutable and GameStop are also creating an up-to-$100-million fund dedicated to providing grants to game developers and studios to build on Immutable X and the NFT marketplace.
-
Avalanche uses just 0.0005% of the amount of energy consumed by Bitcoin
Avalanche uses just 0.0005% of the amount of energy consumed by Bitcoin
New research by the Crypto Carbon Ratings Institute (CCRI) found that Avalanche consumes the same amount of energy as only 46 US households per year.
In comparison, Bitcoin consumes the same energy as 8.5 million U.S. households, while Ethereum consumes the equivalent of 1.6 million U.S. households annually.