Uniswap Wallet Transfers $20.2M In UNI To Coinbase Prime Amid Market Decline

A significant transfer was observed today from a Uniswap-related wallet, which moved 2.359 million UNI tokens, worth approximately $20.2 million, to Coinbase Prime. This transaction has garnered attention, particularly given the current market conditions. Out of the transferred amount, 2.338 million UNI, valued at about $19.9 million, has been absorbed by 12 different wallets. This … Read more

Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses

While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See Major Losses As of this writing, the global crypto market capitalization stands at $2.39 trillion, reflecting a … Read more

Whale Activity Spurs Significant Movements In UNI, BLZ, PEPE, and TRB

Recent transactions by prominent crypto whales and fresh wallets have drawn attention to several tokens, including UNI, BLZ, PEPE, and TRB. This activity has led to notable price movements, especially for UNI and BLZ, which saw significant gains. One of the key transactions involved the address 0x3492, which withdrew 870,827 UNI, valued at approximately $8.5 … Read more

Whales Dump $12.37M In LINK and UNI, Triggering 4% Price Drop

In the last five hours, two significant whales, likely representing an institutional entity, offloaded 371,000 LINK ($6.48 million) and 541,000 UNI ($5.89 million) on Binance, causing the prices of both tokens to plummet by approximately 4%. These whales had accumulated the majority of these tokens in late May, driven by the Ethereum ETF approval hype. … Read more

Uniswap Governance Votes Unanimously to Empower UNI Holders With Protocol Fee Rewards

In a landmark governance decision, Uniswap’s community has voted unanimously in favor of a proposal to reward UNI token holders who stake and delegate their tokens. The upgrade, aimed at revitalizing the protocol’s decision-making process, has garnered overwhelming support with over 10 million UNI tokens pledged in its favor. Historic Vote to Reward UNI Holders … Read more

FLR and UNI Spearhead This Week’s Crypto Gains as Token Economy Holds Above $2 Trillion

In the last week, 23 cryptocurrencies experienced notable gains against the U.S. dollar, with flare (FLR) and uniswap (UNI) leading the charge. Concurrently, dymension (DYM) and helium (HNT) saw significant declines over the same period. FLR and UNI Lead Gains in a Diverse Week for Cryptos, Despite DYM and HNT Setbacks As of now, the … Read more

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies … Read more