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Face Pay to Launch New Digital Currency
Face Pay Inc. – a firm that looks to help credit card companies avoid or eliminate third-party fees – announced it is unveiling its own cryptocurrency known as Face Pay Crypto.
Face Pay Is Launching a New Crypto SystemThe company made headlines roughly two years ago when it launched a new fixed-price subscription service. Now, the enterprise will be entering the digital asset market so customers can shop utilizing currencies like bitcoin, Ethereum, and similar altcoins. Its new cryptocurrency is set to be built on a private Ethereum network.
The goal is to help its customers keep transactions simple and to the point. Face Pay is looking to help its clients avoid additional fees of any kind so two parties can engage in swift and straightforward payments. Doing this via blockchain technology will also help in that blockchain is fully verifiable. Thus, all transactions will be irreversible, preventing them from being susceptible to fraud, chargebacks, and other dispute processes.
Face Pay Inc. – a firm that looks to help credit card companies avoid or eliminate third-party fees – announced it is unveiling its own cryptocurrency known as Face Pay Crypto.
Face Pay Is Launching a New Crypto SystemThe company made headlines roughly two years ago when it launched a new fixed-price subscription service. Now, the enterprise will be entering the digital asset market so customers can shop utilizing currencies like bitcoin, Ethereum, and similar altcoins. Its new cryptocurrency is set to be built on a private Ethereum network.
The goal is to help its customers keep transactions simple and to the point. Face Pay is looking to help its clients avoid additional fees of any kind so two parties can engage in swift and straightforward payments. Doing this via blockchain technology will also help in that blockchain is fully verifiable. Thus, all transactions will be irreversible, preventing them from being susceptible to fraud, chargebacks, and other dispute processes.
MicroStrategy Purchases 4,167 Bitcoins Shortly After Silvergate Loan
According to an update on the official MicroStrategy website, the Virginia-based analytics and business intelligence behemoth deployed approximately $190.5 million towards buying more BTC.
BREAKING: MicroStrategy has just bought 4,167 #Bitcoin ($194 million USD).
According to an update on the official MicroStrategy website, the Virginia-based analytics and business intelligence behemoth deployed approximately $190.5 million towards buying more BTC.
BREAKING: MicroStrategy has just bought 4,167 #Bitcoin ($194 million USD).
LGT To Offer Bitcoin And Ether Trading Services To Customers In Switzerland and Liechtenstein
It appears that traditional wealth managers have caught the crypto fever. On Wednesday, SEBA bank revealed that it had been chosen by LGT Bank to provide digital asset services to its customers.
LGT Crypto Services Restricted To Switzerland And Lichtenstein With Eyes Set On ExpansionOn Wednesday, SEBA bank revealed that LGT Bank will now offer crypto services to its consumers. SEBA, which is fully licensed by Swiss market regulators FINMA, will help the bank provide trading and custody service. Notably, the crypto offering for investors at launch will be restricted to just BTC and ETH.
LGT Bank is a subsidiary of the LGT Group, the world’s largest family-owned financial service provider. The LGT group currently has over $288 billion in assets under management, with a significant presence in Europe, Asia, and the Middle East.
It appears that traditional wealth managers have caught the crypto fever. On Wednesday, SEBA bank revealed that it had been chosen by LGT Bank to provide digital asset services to its customers.
LGT Crypto Services Restricted To Switzerland And Lichtenstein With Eyes Set On ExpansionOn Wednesday, SEBA bank revealed that LGT Bank will now offer crypto services to its consumers. SEBA, which is fully licensed by Swiss market regulators FINMA, will help the bank provide trading and custody service. Notably, the crypto offering for investors at launch will be restricted to just BTC and ETH.
LGT Bank is a subsidiary of the LGT Group, the world’s largest family-owned financial service provider. The LGT group currently has over $288 billion in assets under management, with a significant presence in Europe, Asia, and the Middle East.
Coinweb is one of the most promising projects
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Top Crypto Analyst Gives Three Massive Price Targets for Bitcoin (BTC) in Year 2030
The host of InvestAnswers is envisioning three possible price points for Bitcoin (BTC) in the year 2030 as the top crypto asset by market cap struggles to reclaim the $30,000 mark.
In a new video update, the analyst tells his 439,000 YouTube subscribers that his “bear case” for Bitcoin in 2030 is $576,000, which is about 1,886% from current prices.
The host of InvestAnswers is envisioning three possible price points for Bitcoin (BTC) in the year 2030 as the top crypto asset by market cap struggles to reclaim the $30,000 mark.
In a new video update, the analyst tells his 439,000 YouTube subscribers that his “bear case” for Bitcoin in 2030 is $576,000, which is about 1,886% from current prices.
Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid
According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made the payments via the Euroclear monetary system.
Russia Is Accused of Foreign Debt Default, Moscow’s Finance Ministry Claims the Country Paid BondholdersMedia reports are claiming that Russia has defaulted on its foreign currency debt for the first time in more than 100 years. Financial sanctions against the transcontinental country have made it difficult for Russia to access the international payment systems. On Sunday, a $100 million interest payment was allegedly missed after the U.S. Treasury blocked a method that allowed the Kremlin to pay its debts by converting rubles.Now that the grace period is over, bondholders will have to agree on whether or not it is officially a default against the loans. Reuters claims Russia’s move to not pay is “an act of political theatre at bondholders’ expense” and default makes them “political stooges.” The Kremlin, however, claims otherwise and says that the default is a “farce” because Western sanctions blocked the country’s payments. Russia’s finance ministry said it had made the payments to bondholders denominated in euros.
Russia Blames Financial Blockade — Kremlin Spokesperson Says It’s ‘Not Our Problem’
According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made the payments via the Euroclear monetary system.
Russia Is Accused of Foreign Debt Default, Moscow’s Finance Ministry Claims the Country Paid BondholdersMedia reports are claiming that Russia has defaulted on its foreign currency debt for the first time in more than 100 years. Financial sanctions against the transcontinental country have made it difficult for Russia to access the international payment systems. On Sunday, a $100 million interest payment was allegedly missed after the U.S. Treasury blocked a method that allowed the Kremlin to pay its debts by converting rubles.Now that the grace period is over, bondholders will have to agree on whether or not it is officially a default against the loans. Reuters claims Russia’s move to not pay is “an act of political theatre at bondholders’ expense” and default makes them “political stooges.” The Kremlin, however, claims otherwise and says that the default is a “farce” because Western sanctions blocked the country’s payments. Russia’s finance ministry said it had made the payments to bondholders denominated in euros.
Russia Blames Financial Blockade — Kremlin Spokesperson Says It’s ‘Not Our Problem’
EX Sports Announces Urbanball ‘Brazil Edition’ Drop On Binance NFT
EX Sports, a Dubai-based sports fan engagement platform, is excited to announce its third drop Urbanball Brazil Edition street football NFTs set to go live on July 29, 2022, at 11 am.
As per the announcement, the third drop will distribute 10,000 NFTs through randomised mystery box packs that will feature sports stars, skills, exclusive surprises, and athletes. This drop on Binance NFT will run for only 24 hours. The first and second drops (the UK and Belgium Editions) saw an overwhelming response when all the NFT were sold out instantly.
EX Sports, a Dubai-based sports fan engagement platform, is excited to announce its third drop Urbanball Brazil Edition street football NFTs set to go live on July 29, 2022, at 11 am.
As per the announcement, the third drop will distribute 10,000 NFTs through randomised mystery box packs that will feature sports stars, skills, exclusive surprises, and athletes. This drop on Binance NFT will run for only 24 hours. The first and second drops (the UK and Belgium Editions) saw an overwhelming response when all the NFT were sold out instantly.
Research Shows A Surge In BTC To USDT Trade In June As Investors Flock To Stablecoins
While a considerable percentage of market watchers have maintained a persistent bullish outlook towards the crypto markets despite the steadfast bear market, some investors have resorted to stablecoins in what appears to be an attempt to find safety in the security the assets provide over the sharp volatility that characterises the markets. New research has confirmed this.
BTC to USDT volume increased by 24.3% in JuneIn recent research conducted by CryptoCompare – an FCA authorised global crypto market data provider – the trade volume of Bitcoin (BTC) to stablecoin, especially USDT, surged exponentially in recent months, reaching a peak in June, which saw the coldest touch of the Crypto Winter.
Exchanges recorded a 24.3% increase in trade volume about conversion from BTC to USDT in June – this saw the value surge to 6.67M BTC, indicating that many investors ran to the stablecoin as a hedge against the alarming decline in the markets witnessed in June.
While a considerable percentage of market watchers have maintained a persistent bullish outlook towards the crypto markets despite the steadfast bear market, some investors have resorted to stablecoins in what appears to be an attempt to find safety in the security the assets provide over the sharp volatility that characterises the markets. New research has confirmed this.
BTC to USDT volume increased by 24.3% in JuneIn recent research conducted by CryptoCompare – an FCA authorised global crypto market data provider – the trade volume of Bitcoin (BTC) to stablecoin, especially USDT, surged exponentially in recent months, reaching a peak in June, which saw the coldest touch of the Crypto Winter.
Exchanges recorded a 24.3% increase in trade volume about conversion from BTC to USDT in June – this saw the value surge to 6.67M BTC, indicating that many investors ran to the stablecoin as a hedge against the alarming decline in the markets witnessed in June.
Forwarded from CryptoSoul
Get a free NFT land in the new metauniverse RIGHT NOW!
Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.
CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.
When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!
Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.
The metauniverse is scheduled to launch on September 1.
Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.
CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.
When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!
Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.
The metauniverse is scheduled to launch on September 1.
pancakeswap.finance
Exchange | PancakeSwap
Trade, earn, and own crypto on the all-in-one multichain DEX
Forwarded from CryptoSoul
FREE NFT GIVEAWAY!
Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.
Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.
Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
pancakeswap.finance
Exchange | PancakeSwap
Trade, earn, and own crypto on the all-in-one multichain DEX
Forwarded from CryptoSoul
Get a piece of NFT land in the Crypto Soul World metaverse!
Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Crypto Pundit Opines That The Bottom Is Still Not In For Bitcoin, Sees 2023 As The Recovery Year
The crypto market has been erratic, affecting even the most resilient among them – Bitcoin. The coin has fallen from the highs of over $50k to the lows of under $20k since the start of the year. While the pains in the crypto market over these months were expected due to the looming global recession and crypto winter, what experts have to say about it is the most interesting.
According to one Investment Manager, Timothy Peterson, Bitcoin’s price is yet to hit the actual bottom. At the moment, according to data on CoinMarketCap, BTC is trading at around $19.7k.
The crypto market has been erratic, affecting even the most resilient among them – Bitcoin. The coin has fallen from the highs of over $50k to the lows of under $20k since the start of the year. While the pains in the crypto market over these months were expected due to the looming global recession and crypto winter, what experts have to say about it is the most interesting.
According to one Investment Manager, Timothy Peterson, Bitcoin’s price is yet to hit the actual bottom. At the moment, according to data on CoinMarketCap, BTC is trading at around $19.7k.
Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics ‘for Research on Banks and Financial Crises’
Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks in the economy, particularly during financial crises.” Many people, however, blame Bernanke for getting us “to the brink of collapse and under a mountain of debt with quantitative easing.”
Former Fed Chair Ben Bernanke Wins Nobel Prize in Economic SciencesThe Royal Swedish Academy of Sciences announced Monday that it has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig “for research on banks and financial crises.” The Royal Swedish Academy of Sciences is responsible for selecting Nobel laureates in economic sciences.The announcement details:
This year’s laureates in the Economic Sciences, Ben Bernanke, Douglas Diamond and Philip Dybvig, have significantly improved our understanding of the role of banks in the economy, particularly during financial crises. An important finding in their research is why avoiding bank collapses is vital.
Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks in the economy, particularly during financial crises.” Many people, however, blame Bernanke for getting us “to the brink of collapse and under a mountain of debt with quantitative easing.”
Former Fed Chair Ben Bernanke Wins Nobel Prize in Economic SciencesThe Royal Swedish Academy of Sciences announced Monday that it has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig “for research on banks and financial crises.” The Royal Swedish Academy of Sciences is responsible for selecting Nobel laureates in economic sciences.The announcement details:
This year’s laureates in the Economic Sciences, Ben Bernanke, Douglas Diamond and Philip Dybvig, have significantly improved our understanding of the role of banks in the economy, particularly during financial crises. An important finding in their research is why avoiding bank collapses is vital.
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthogonal said through “due diligence” it “identified a number of key weaknesses” associated with Alameda.
Orthogonal Credit Found ‘Key Weaknesses’ Tied to FTX’s Alameda Research Earlier This YearA Twitter thread published by Orthogonal Credit explains that the firm identified a few weaknesses tied to Alameda Research. The Twitter revelation is explained in a tweet that details Orthogonal Credit, a delegate of Maple Finance’s lending pools, has “no Alameda exposure and have not underwritten a loan to Alameda since Feb ’22.”
Orthogonal then detailed that the firm “actively pushed to close the Alameda dedicated borrower pool on [Maple Finance] during 2Q22.” The firm said that the Orthogonal team discovered issues related to FTX’s quantitative trading firm.
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthogonal said through “due diligence” it “identified a number of key weaknesses” associated with Alameda.
Orthogonal Credit Found ‘Key Weaknesses’ Tied to FTX’s Alameda Research Earlier This YearA Twitter thread published by Orthogonal Credit explains that the firm identified a few weaknesses tied to Alameda Research. The Twitter revelation is explained in a tweet that details Orthogonal Credit, a delegate of Maple Finance’s lending pools, has “no Alameda exposure and have not underwritten a loan to Alameda since Feb ’22.”
Orthogonal then detailed that the firm “actively pushed to close the Alameda dedicated borrower pool on [Maple Finance] during 2Q22.” The firm said that the Orthogonal team discovered issues related to FTX’s quantitative trading firm.
Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this time.”
Sequoia Capital Deems Its Investment in FTX WorthlessSequoia Capital sent a letter to its partners Wednesday informing them about its investment in cryptocurrency exchange FTX. The venture capital firm wrote:
In recent days, a liquidity crunch has created solvency risk for FTX. The full nature and extent of this risk is not known at this time. Based on our current understanding, we are marking our investment down to $0.
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stressed, adding that “The full nature and extent of this risk is not known at this time.”
Sequoia Capital Deems Its Investment in FTX WorthlessSequoia Capital sent a letter to its partners Wednesday informing them about its investment in cryptocurrency exchange FTX. The venture capital firm wrote:
In recent days, a liquidity crunch has created solvency risk for FTX. The full nature and extent of this risk is not known at this time. Based on our current understanding, we are marking our investment down to $0.
Crypto Billionaire Brian Armstrong Explains Why Coinbase Is Different From Rest of Industry Amid Surging Fear
Coinbase CEO Brian Armstrong is setting out to quell investor fears as crypto exchanges see massive outflows after rival firm FTX filed for bankruptcy.
In a series of tweets, the head of the largest US-based crypto exchange explains why Coinbase is different from other firms in the industry.
“Lots of fear out there in the markets. It’s important people remember how different Coinbase is in moments like this:
Coinbase CEO Brian Armstrong is setting out to quell investor fears as crypto exchanges see massive outflows after rival firm FTX filed for bankruptcy.
In a series of tweets, the head of the largest US-based crypto exchange explains why Coinbase is different from other firms in the industry.
“Lots of fear out there in the markets. It’s important people remember how different Coinbase is in moments like this:
HedgeUp (HDUP), Decentraland (MANA), and Maker (MKR) to Become Highly Rewarding
The value of cryptocurrencies can change as the economic situation around the world impacts them. It makes investors very careful about the cryptocurrencies they consider. They also conduct intense research before infusing in any of the coins.
Investors also go for cryptos that have potential, can last for a long time, and are not affected by the slight change. They always go for rewarding cryptocurrencies. HedgeUp (HDUP), Decentraland (MANA), and Maker (MKR) are cryptos that are very rewarding to holders.
The value of cryptocurrencies can change as the economic situation around the world impacts them. It makes investors very careful about the cryptocurrencies they consider. They also conduct intense research before infusing in any of the coins.
Investors also go for cryptos that have potential, can last for a long time, and are not affected by the slight change. They always go for rewarding cryptocurrencies. HedgeUp (HDUP), Decentraland (MANA), and Maker (MKR) are cryptos that are very rewarding to holders.
Aurora Labs Launches Turnkey Blockchain Solution for Businesses Transitioning to Web3
PRESS RELEASE. Aurora Cloud is the all-in-one cloud infrastructure solution bridging Web2 and Web3.
03/02/2023 Denver – Web3 infrastructure startup Aurora Labs announced the launch of Aurora Cloud, a platform and suite of products that allows today’s Web2 businesses to capture the value of Web3.
Aurora Cloud — Platforms like Amazon AWS and Microsoft Azure unleashed the potential of Web2 by democratizing the building blocks of the internet. In a similar way, Aurora Cloud — including Borealis Business, Aurora Pass and Aurora Silos — eliminates the technical and user experience barriers that keep Web2 businesses from capturing the full value of Web3.
PRESS RELEASE. Aurora Cloud is the all-in-one cloud infrastructure solution bridging Web2 and Web3.
03/02/2023 Denver – Web3 infrastructure startup Aurora Labs announced the launch of Aurora Cloud, a platform and suite of products that allows today’s Web2 businesses to capture the value of Web3.
Aurora Cloud — Platforms like Amazon AWS and Microsoft Azure unleashed the potential of Web2 by democratizing the building blocks of the internet. In a similar way, Aurora Cloud — including Borealis Business, Aurora Pass and Aurora Silos — eliminates the technical and user experience barriers that keep Web2 businesses from capturing the full value of Web3.
Crypto Whales Accumulating Ethereum Scaling Altcoin by the Millions, According to On-Chain Data
On-chain data reveals that crypto whales are snapping up the native asset of a hot Ethereum (ETH) layer-2 project by the millions.
Blockchain-tracking firm Lookonchain says that digital asset manager Amber Group sent millions of dollars worth of Arbitrum (ARB) tokens to crypto exchanges OKX and Binance, where they could potentially be sold on the open market.
On-chain data reveals that crypto whales are snapping up the native asset of a hot Ethereum (ETH) layer-2 project by the millions.
Blockchain-tracking firm Lookonchain says that digital asset manager Amber Group sent millions of dollars worth of Arbitrum (ARB) tokens to crypto exchanges OKX and Binance, where they could potentially be sold on the open market.