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Around $750 million of vested digital assets are scheduled to be unlocked and released into the markets in December.Among the projects releasing locked tokens, the decentralized exchange dYdX will unlock the largest amount. The exchange is expected to unlock 150 million tokens vested for investors, founders and employees in December.
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Despite a larger portion of Bitcoin’s total supply being “inactive” for over a year, recent data revealed impressive growth in investors holding
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The total value locked (TVL) on Coinbase’s layer 2 network Base has surged to $397.32 million in roughly a month and a half since launching in August. That figure now places Base ahead of the Solana network in terms of TVL, which has $358.96 million at the time of writing.
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After years of leaving 39,712 Ether (ETH) locked at the Ethereum Name Service (ENS) auction, a whale using the domain “darkmarket.eth” has reclaimed the digital assets and transferred over $119 million in ETH to a new wallet. After 2.7 years of dormancy, darkmarket.eth reclaim 39,712 $ETH ($74.17M) locked in the ENS
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Argus V2 supports all open-source DeFi protocols and lets traders utilize DeFi bots to automatically monetize farming rewards, compounding and token swapping. Source
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Sui Foundation — the team behind the Sui network and its native SUI token — has denied allegations that the firm unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance .The Foundation knocked back the claim in a five-part Twitter thread on June 27, stating that none of the locked
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At press time, more than 220,000 ether (ETH), or around $378.3 million, about 121 million USDC (a dollar-pegged stablecoin) and 14.43 million MUTE, worth $7.53 million, were locked on zkSync. MUTE is the native cryptocurrency of a zkRollup-based decentralized exchange, Mute. Source
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Like any secondary market, the platform will allow for a discount on the TBTs based on the duration of the locked-up asset. For example, a trader could bid for 3% discount on ether (ETH), that has a 10-month lock up period and the discount could change based on the time
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ethereum (ETH) developer platform known as zkSync Ecosystem has seen significant expansion over the last few weeks, surpassing Polygon in total value locked. This expansion has been particularly notable after the debut of zkSync’s layer-2 scaling protocol
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When Ethereum recently completed an upgrade known as Shapella, it was heralded as opening a new era of staking ETH. Up until that point, if you staked ETH to help run the blockchain, you couldn’t get it back. Shapella made it possible to unstake, making it more attractive to pledge
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