‘Lost and HODLed’ Bitcoin (BTC) hits 34% of supply, what does this mean?
The global crypto market cap is $2.09 trillion with a 24-hour volume of $122.54 billion. The price of Bitcoin is $45,730.37 and the BTC dominance is at 41.1%.
by Samuel Wan
Data from the on-chain market analysts Glassnode shows the number of hodled or lost Bitcoin tokens has hit a seven-month high of 7,167,889.595 BTC.
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SafeMoon CTO resigns, fueling rumors of disquiet within the company
Divisive token SafeMoon receives a further blow after its CTO, Hank Wyatt, announced he’s leaving the project.
Algorand Foundation Launches $300 Million Fund to Support DeFi Innovation
Algorand Foundation, an organization dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open-source software, today announced the Viridis DeFi Program, a 150 million Algo (worth approximately $300 million USD today) fund to support DeFi innovation on the Algorand network.
NFT sales are sizzling: Record $5 billion in sales as Bored Apes, Loot, CryptoPunks make splash
Mutant Ape Yacht Club, Loot (for Adventurers) and Bloot (not for Weaks) made a splash during the last two weekends, while contributing to tremendous spikes in gas prices, according to the latest DappRadar report that kept tabs on the new decentralized applications (dapps).
Terra (LUNA) kickstarts $150 million ‘Project Dawn’ to bolster cross-chain ecosystem
Terraform Labs (TFL), a team behind the algorithmically-governed stablecoin platform Terra, recently announced the launching of the blockchain’s new funding initiative dubbed Project Dawn.
SEC charges former 4chan favorite Rivetz over $18 million ICO
Rivetz has been charged by the US Securities and Exchange Comission (SEC) over its $18 million initial coin offering (ICO) in 2017, a recently released litigation show.
Sanctor Turbo’s Demo Day is a crypto event you will not want to miss
The first ‘Demo Day’ by Sanctor Turbo goes live on September 14, coming to life after six weeks of crypto developers and mentors working together to create better ecosystems, tokenomics, and go-to-market strategies for their own crypto projects.
Protests in El Salvador intensify following the passing of the Bitcoin Law
El Salvador made history on Tuesday as the Bitcoin Law came into effect, sanctioning the leading cryptocurrency as legal tender in the Central American country.
Reddit playground Robinhood to launch crypto recurring investment option
Per a Wednesday announcement, Robinhood, a crypto trading app, has introduced a fee-free crypto recurring investment feature, which would allow customers to buy digital coins without the platform charging commission.
Developments on LUNA are converging to bring “Terra Autumn” to fruition
On balance, 2021 has been an exceptional year for Terra so far.
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