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Jan 9 β€’ 4 tweets β€’ 2 min read
#TokenInsight Daily #CryptoNewsπŸ“° Recap, Jan 8th Image
1.1/ π‘ͺπ’†π‘­π’ŠπŸ›οΈ
β€’ Cathie Wood's ARK Invest buys about $5M of COIN.
β€’ Crypto-trading firm Genesis lays off 30% of its staff.
β€’ Three Arrows Capital founders were subpoenaed by Tweet.
β€’ Ex-Celsius CEO was sued by NY for duping crypto investors. Image
1.2/ π‘ͺπ’†π‘­π’ŠπŸ›οΈ
β€’ Marex solutions issues Coinbase-linked structured products.
β€’ ChatGPT creator will sell shares in a tender offer at a $29 billion valuation. Image
2/ π‘°π’π’‡π’“π’‚π’”π’•π’“π’–π’„π’•π’–π’“π’†πŸ›€οΈ
β€’MetaMask removed Wyre from the mobile aggregator. Image

β€’ β€’ β€’

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More from @TokenInsight

TokenInsight Profile picture
Jan 11
The @ethereum Shanghai Upgrade is around the corner, enabling the withdrawal of staked $ETH.

In this πŸ‘‡πŸ§΅we will take you for a deep dive of the upgrade, an analysis of the potential outcomes.
#CryptoResearch Image
We'll coverπŸ‘‡:

1/ What is Shanghai Upgrade
2/ Withdrawals
3/ More people might stake $ETH afterwards
4/ Additional rewards
5/ Conclusion
1/
After the Merge on Sep 2022, the withdrawal of staked $ETH is the last puzzle. Shanghai Upgrade includes withdrawals of $ETH staked in the Beacon Chain since Dec 2020, finally giving the network participants the ability to take out their locked $ETH.
Read 11 tweets
TokenInsight Profile picture
Jan 11
We listed 79 new tokens last week🎊.

The topπŸ†3 in terms of 24h trading volume are:

β€’ @FlareNetworks, a Layer-1 EVM blockchain.
β€’ @fronk_inu, a meme token on Solana.
β€’ ShopNext Loyalty Token, by @HelloShopNEXT, a shop-to-earn crypto onboarding platform on BNB.
#CryptoRatings Image
1/
The graph shows the tokens with a trading volume of more than $400,000 in the past 24 hours, their overall price changes, as well as the corresponding community info. Image
2/
 Most of the projects were launched on BNB and Ethereum, with #memecoin, #DeFi, #Game, and #NFT as the main fields.

Compared to the previous week, we got more Meme tokens this week, but most of them have poor market performance. The only Meme with high trading volume is Fronk Image
Read 11 tweets
TokenInsight Profile picture
Jan 11
TokenInsight Daily #CryptoNewsπŸ“° Recap, Jan 10th Image
1.1/ π‘«π’†π‘­π’ŠβŒπŸ›οΈ
β€’ e-Money ceases issuance of Euro-backed stablecoin eEUR.
β€’ Defrost Finance deploys the refund contract, allowing users to claim refunds tomorrow.
β€’ Boba Voyage was paused due to user experience issues. Image
1.2/
β€’ New Free DAO exploiter has transferred about 1,200 $BNB to Tornado Cash. Image
Read 7 tweets
TokenInsight Profile picture
Jan 10
The @ethereum Shanghai Upgrade is heating up,
Frax Ether as one the hottest projects in Liquid Staking Derivative narrative, is now under the spotlight.

Our rating for Frax Ether's current performance is BB, with a positive outlook.
πŸ‘‡πŸ§΅our rating breakdown.
#CryptoRatings Image
In this thread, we'll coverπŸ‘‡

β€’ What is it
β€’ Rating Breakdown
β€’ Technology & Security
β€’ Tokenomics
β€’ Performance
β€’ Ecosystem
β€’ Conclusion
1.1/ What is it
Frax Ether (frxETH) is a liquid staking derivative issued through @fraxfinance's new liquid staking product, pegged 1:1 to $ETH.
Read 13 tweets
TokenInsight Profile picture
Dec 17, 2022
The recent collapses remind everyone in the industry, "not your keys, not your coins." Capital and users fly to non-custodial wallets. @TrustWallet Token has FDV over $2.0 billion!
What are those? Are they really worth hundreds of millions or even billions? πŸ‘‡πŸ§΅
1/
There are hundreds of non-custodial wallets in the market, Walletconnect, advertises it integrated with over 170 wallets. Some wallet providers dedicate only to wallet solutions such as Trust wallet and SafePal, while others are part of a comprehensive product package.
2/
The top 2 wallet tokens with FDV over $100 million are Trust Wallet and @iSafePal. Although there are other tokens, they all have smaller market caps and trading volumes (e.g. $MATH and $TPT ).
Read 9 tweets
TokenInsight Profile picture
Dec 16, 2022
Two weeks have passed since @Uniswap NFT went online. It is one of the four tabs on the Uniswap main page. How did it do? We take a look πŸ”Žat Uniswap NFT's transaction data and discuss whether it is going to make itπŸ‘‡πŸ§΅
1/
Uniswap NFT's first two weeks could have been more impressive, total transactions and users peaked within the first two days.
2/
 On average, the number of transactions decreased by 37% during the second week compared to the first, while the user count went down by 56%. Transaction volume in ETH was down by 26%.
Read 11 tweets

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