dYdX To Unlock $478M Worth Of Tokens, Will Bears Have A Field Day?
On December 1, dYdX, the layer-2 decentralized exchange, will unlock 150 million DYDX worth roughly $478 million to early investors and core team members.
This substantial unlock has raised concerns among investors, who fear the influx of fresh tokens could substantially increase supply.
If this is not matched by high demand, DYDX prices will likely pull back, reversing recent gains posted over the past few trading weeks.
Source: newsbtc
Where in the World Is Hex Founder Richard Heart?
The SEC has been trying, and apparently failing, to hunt down controversial Hex founder Richard Heart for months.
The United States government is searching far and wide for Richard Heart, the controversial crypto founder it charged months ago with orchestrating an illegal $1 billion securities scheme.
Japanese giant SquareEnix to launch NFT auction for new Web3 game built on Ethereum, Polygon
Symbiogenesis is built on the Ethereum and Polygon blockchain networks. It marks the company's first foray into the Web3 gaming ecosystem.
Square Enix, the renowned publisher behind the “Final Fantasy” series, is set to initiate an NFT auction for its latest project, “Symbiogenesis,” in the coming week, according to a social media announcement.
Symbiogenesis is built on the Ethereum and Polygon blockchain networks. It marks the company’s first foray into the Web3 gaming ecosystem.
From: cryptoslate
Over 400,000 UNI tokens were recently sold off. UNI has continued to decline and trades below $5. The 1Inch Investment Fund obtained Uniswap [UNI] tokens a few months ago and has now chosen.
Source: cryptopanic
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