DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy
Over 18 million tokens after the demand for the recovery tokens saw prices surge to as much as $113.
Over 18 million tokens after the demand for the recovery tokens saw prices surge to as much as $113.
The estimated value of stolen crypto asset ranges from $630 million to more than $1 billion.
The Swiss crypto tech provider hired IBM’s Peter DeMeo as head of product, as well as former IBM lead architect, Angel Nunez Mencias.
Digital Currency Group (DCG) has started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount.
The proposal submitted by Boba Foundation and FranklinDAO was backed by organizations such as GFX Labs, Blockchain at Michigan, Gauntlet and ConsenSys.
The new partnership will allow users to generate NFTs directly from their phone and transfer NFTs without an intermediary.
The firm paused services last month amid its former crypto custodian Wyre’s turmoil.
Crypto trading is largely denominated in USD, but the United States isn’t the center of the digital assets world; bitcoin trades sideways as investors await the latest Jerome Powell comments.
The token has risen 55% over the past week amid significant growth of The Graph ecosystem.
Bitcoin and ether were recently trading sideways. Equities declined.