Ad Crypto’s move-to-earn sector is up 6.19% despite a 1.6% drawdown from the overall crypto market in the last 24 hours, according to CryptoSlate data. The move-to-earn sector is a relatively small category with only 16 tokens from platforms that reward their user for their physical activities. Source: CryptoSlate While interest in the sector has…
RLY surges over 80% in a day as project team shares treasury holdings, future plans
Ad The Rally Token (RLY) has recorded an 83.73% increase in the last 24 hours, according to CryptoSlate data. RLY token increased from as low as $0.0149 to as high as $0.0313 in the last 24 hours. At the time of writing, the RLY price lingers around $0.0265. RLYUSD (Source: CryptoSlate) CryptoSlate data also shows…
Conflux Network’s $10M funding round propels CFX token rise
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WBTC supply declined 15% in February
Ad Wrapped Bitcoin’s (WBTC) supply on Ethereum shrunk by 23,384 — roughly 15% — to 153,164 in February — its lowest level since March 2021, according to Dune analytics data. According to the asset’s order book, there were ten transactions involving WBTC — eight were burns, while the other two transactions were a cumulative mint…
About $650M in token unlocks scheduled for March
Ad Eighteen projects scheduled their unlocks to take place in March, which will release about $650 million worth of tokens into circulation, according to Token Unlocks data. Of these 18, six projects will unlock their tokens on the first day of the month. Over $224.7 million worth of assets will be released into the market…
Metaverse-related token Gamium rises to new ATH following Meta collaboration
Ad Gamium Corp token (GMM) rose over 600% in the last 24 hours to a new all-time high of $0.00437 in the previous 24 hours, according to CryptoSlate’s data. The token’s value had retraced to $0.00299 at press time. The surge in price follows from the protocol scoring a collaboration with Meta and a misconstruction…
Stacks near $1 after 24% rise after crypto investment fund apes in
Ad Bitcoin layer2 (L2) network Stacks (STX) neared $1 during the last 24 hours after it rose by 27% to $0.95 as of press time, according to CryptoSlate’s data. The L2 token has enjoyed renewed interest from community members following the increased demand for non-fungible tokens (NFTs) on BTC’s blockchain network. Matrixport’s head of research…
Chia founder argue XCH is not security, plans to register with SEC
Ad Chia Network CEO Gene Hoffman has argued that the XCH token is not a security, however, the company was working to register with the U.S. Securities and Exchange Commission (SEC). SEC Chairman Gary Gensler stated on Feb. 25 that “everything other than Bitcoin is a security.” He argued that every other crypto token apart…
BinaryX token surges over 9000% following BNX split
Ad Gamefi platform BinaryX completed the split of its native BNX token on Feb. 23. Following the announcement, the old BNX token surged up to 9500% — while the new BNX trades at $1.27, according to CryptoSlate data. BNX 1:100 token split Token split is carried out to increase the total supply of a token…
Stacks’ 135% rally helps it reclaim $1B market cap
Ad Stacks Network (STX) market cap reclaimed $1 billion on Feb. 22, following a weeklong rally that saw it rise by 135%, according to CryptoSlate’s data. In Dec. 2022, STX’s market cap dropped to as low as $285 million, coinciding with when the broader crypto market was recovering from FTX’s capitulation and the record-low trading…