Bankruptcy
Celsius former CEO wallet dumps $480k in CEL token selloff
A court-appointed independent examiner said Alex Mashinsky profited over $60 million from his sales of Celsius tokens.
Oluwapelumi Adejumo 1 min read
Tokenization News
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Analysis
BUSD leaving exchanges fall to $40M from December’s $3B
Around $40 million BUSD left the exchanges on Feb. 13, while this number was over $3 billion on Dec. 13, 2022.
Analysis
Optimism sheds 10% following 11M token airdrop
Optimism's OP token fell 13% in the last 24 hours to $2.33 as of press time, according to CryptoSlate data.
Latest Tokenization News & Analysis
Metaverse
The Sandbox (SAND) surges ahead of token unlock
The next unlock event will release an additional 372.5 million tokens, amounting to 12.419% of total supply.
Tokenization
FTX User Debt (FUD) tokens decline 10% as 18M burn becomes imminent
DebtDAO's FUD token rallied to as high as $115 on Feb. 5, forcing the DAO to consider burning majority of the token's supply.
Tokenization
BitMEX CEO owns largest GMX holdings – over 200K tokens
Hayes's GMX holdings equate to over $13 million at the time of writing as his current profit is nears $8 million.
Tokenization
Justin Sun backs FTX Debt token ‘FUD’ in possible securities law breach
Debt DAO issued 20 million FUD tokens valued at $1 each. It will issue and airdrop additional tokens after FTX confirms the debt amount.
Web3
ApeCoin’s on-chain metrics point to local top following 78% climb over 6 weeks – Santiment
On-chain analysis of ApeCoin's active addresses, network growth, whale behavior may indicate that a local top is in, according to Santiment.
Tokenization
$588M worth of unlocks scheduled for February
17 projects, including 1inch, Tornado Cash, Moonbeam, ApeCoin and Aptos will unlock a portion of their tokens throughout the month.
