ETH whale adds 300 billion SHIBA INU amid crypto crash
An ETH wallet named “BlueWhale0073” just added $6.1 million worth of whopping 300 billion SHIB tokens.
ETH Whales have bought over $7.2 million worth of SHIBA INU in the last 24 hours. This has landed the SHIB token on the list of top 10 coins purchased by the ETH whales in the past 24 hours.
Two Argentina-based banks add crypto trading to their platforms
Banco Galicia, one of the largest private banks in Argentina, confirmed on social media today that it has added a crypto trading option to its website. Banco Galicia is now offering the ability to purchase Bitcoin and ether, plus the stablecoin USD Coin (USDC) and Ripple (XRP).
Brubank tweeted that it has also added crypto trading functionality to the investment part of its website. According to the website CriptoNoticias, Brubank is offering Bitcoin and Ether trading, as well as the stablecoins USD Coin (USDC) and DAI.
Algorand (ALGO) becomes FIFA’s new blockchain partner for the 2022 World Cup in Qatar
The Algorand network has signed a deal to become the official blockchain technology partner of the 2022 FIFA World Cup in Qatar, and the 2023 Women’s World Cup in Australia and New Zealand.
Algorand will assist FIFA in developing its digital strategy, including an official blockchain-supported wallet solution. On the identical time, FIFA will present sponsorship property comparable to media publicity, promoting, and promotional alternatives.
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.