Justin Sun transferred 300 million FLOKI from Poloniex. A whale moved 118.5 billion PEPE Coin to CEX and took a hefty profit. Manta Network launched its stablecoin wUSDM with backing from BlackRock’s BUIDL Fund. And more…
News from XTZ, PEPE Coin and 4 altcoins!
Justin Sun transfers 300 million FLOKI from Poloniex
As you have been following on Kriptokoin.com, the market has started to move. Whales have intensified their trading in recent days. Justin Sun, a crypto whale, recently transferred 300 million FLOKI worth US$52,000 from Poloniex, as reported by on-chain observer ‘ai_9684xtpa’. Sun now holds a total of 21.4 billion tokens. The source of these is the 27.1 billion FLOKI transferred from Binance on January 17. The price at the time was only US$0.0000305782 (current price US$0.0001752). This means that the remaining tokens have a floating profit of USD 3.1 million.
A whale transported 118.5 billion PEPE coins to CEX
According to on-chain monitor Ember, a smart money address recently transferred 118.5 billion PEPE Coins (US$1.48 million) to Kraken. The whale held the PEPE Coin stack for 7 months, making an 11-fold profit. At the end of November last year, he withdrew 118.5 billion PEPE coins from Kraken at the bottom of the market. At the time, that amount was worth just US$130,000. It has now transferred these PEPE Coins, worth US$1.48 million, to Kraken.
Worldcoin announces the first recipients of its community grant program
Worldcoin has announced the first group of recipients of the Worldcoin Community Grant Program, including Axiom (prototype implementation for the public Groth16 validator circuit for mass WorldID proof verification). These are: Proof of Passport, Farcaster Humaniser (application identity layer built on Farcaster), Alphaday, Only Dust, Encode Club, Wormhole, zkSnap, TACEO, Cometh, Herodotus, World Poll, Agora, Fuzzing Labs, Satori, BBB & Company.
BlackRock shows its support for Manta Network!
Manta Network has launched wUSDM, a stablecoin that provides on-chain returns via Mountain Protocol, with support from BlackRock’s BUIDL Fund. This means that wUSDM will be distributed by Mountain Protocol at Manta Pacific and backed by BlackRock’s BUIDL Fund. USDM, the stablecoin distributed by Mountain Protocol and historically backed by US Treasury bonds, will now also be backed by BlackRock’s BUIDL Fund. In this context, Manta Network made the following post on its X account:
USDM on MantaPacific via MountainUSDM is now backed by BlackRock’s BUIDL Fund managed through Securitize. Holders benefit from BUIDL’s institutional-grade security and transparency while earning returns. Backed by BlackRock’s BUIDL Fund, wUSDM holders benefit from BlackRock’s custody services. Over $132 million in wUSDMs introduced during MantaNewParadigm were minted at MantaPacific, offering significant return opportunities.
Tezos announces Tezos X roadmap
Tezos, an open source Blockchain platform, has introduced Tezos X, a suite of technological upgrades to improve Blockchain performance, composability and interoperability. The two-year development plan, jointly crafted by development teams from Nomadic Labs, TriliTech and Functori, proposes a major shift by separating transaction execution into a separate “canonical rollup” that supports multiple programming languages. Tezos X outlines how the main Tezos Blockchain will serve as a foundational layer for consensus and settlement, while transaction execution will be managed by the canonical aggregation.
Synternet Mainnet launched on Cosmos
Synternet, a blockchain innovator on networks such as Ethereum (ETH) and Cosmos (ATOM), has launched main-net on the Cosmos network. This launch is expected to open a new chapter in the decentralized data economy and unlock the full potential of Synternet’s SYNT token. With the main-net launch, Synternet is making practical use of SYNT by mobilizing real monetary value for data in its ecosystem. It is also advancing the Pikes Peak roadmap. This allows developers to build new applications using real-time, reliable data streams from all major Blockchains.
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