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Friend.Tech User Dumps Keys Worth $1.5M, Switches to Bitcoin dApp

Newer opportunities have stalled Friend.Tech’s initial growth wave, and applications such as New Bitcoin City are quickly emerging as one of the biggest bets.

Coindesk·2023/10/23 23:58

A Brief Discussion on Inbound Traffic for Crypto — Telegram, Discord & PWA

The trajectory of inbound traffic depends heavily on two factors: user experience and regulatory considerations.

TokenInsight·2023/10/19 10:30

Friend.tech Profit Strategy | Crypto Daily Digest Sep.27

Despite a very cold market overall, Friend.tech has shown no signs of fading. Several strategy has been proposed to profit from this social application.

TokenInsight·2023/09/27 15:36

TON Chain and Telegram | Crypto Daily Digest Sep.18

The latest partnership between TON chain and Telegram sparked renewed interest in TON.

TokenInsight·2023/09/18 12:48

Friend.tech Resugred Due to Token Anticipation | Crypto Daily Digest Sep.11

Friend.tech has seen a sudden resurge in both TVL and transaction volume. Several factors have contributed to its comeback.

TokenInsight·2023/09/11 14:00

Is Friend.tech Dead? | Crypto Daily Digest Aug. 31

After the initial success, the trading volume of Friend.tech dropped 95% over the past week. Some crypto KOLs even declared it dead.

TokenInsight·2023/08/31 15:36

Nation States Mining Bitcoin | Crypto Daily Digest Aug. 29

One notable bullish trend has been the active involvement of nation states in the bitcoin mining industry

TokenInsight·2023/08/29 15:42

Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about Friend.tech

TokenInsight·2023/08/22 15:31

Sell Shares of Your X (Twitter) | Crypto Daily Digest Aug. 14

Last week, friend.tech, a new social crypto-based social application went live and become popular on Crypto Twitter

TokenInsight·2023/08/14 14:18

Ethcc Projects Updates | Crypto Daily Digest July. 21

2023 Ethcc was held in Paris between July 17 to 20, many projects have announced their latest updates. Today, we share 3 important announcements that could bring significant impact.

TokenInsight·2023/07/21 13:31

Flash

08:16

Ronin has completed its migration to become an Ethereum Layer 2 solution, with the RON annual inflation rate decreasing by approximately 9x.

BlockBeats News, May 13th, Ronin announced that it has completed its migration to the Ethereum ecosystem, officially becoming an Ethereum Layer2 network built on the OP Stack. Ronin stated that it has retained RON as the Gas token, and the entire process had minimal downtime. Ronin also announced a significant adjustment to the RON tokenomics. The annual token release of RON has been reduced from the previous 45 million to 5 million, a decrease of about 9 times, resulting in the current annual inflation rate of approximately 1.2%. Any future additional token rewards will be directly allocated to ecosystem builders through a new "Proof of Allocation" mechanism. Furthermore, the Ronin Treasury has added three new sources of revenue, including the remaining 90 million RON staking rewards, Sequencer net profits, and a 1.25% fee income from the Ronin Marketplace (previously 0.5%). Ronin stated that this migration not only signifies access to Ethereum security and liquidity but also reconnects its Web3 gaming ecosystem and millions of chain game users to the Ethereum ecosystem.

08:14

HYPE drops to around $40, top short seller Loracle earns $1.2 million daily

BlockBeats news, on May 13, according to Coinbob Hot Address Monitoring, over the past week, while BTC remained relatively stable, HYPE has continuously pulled back from its peak, dropping 10.7% week-over-week and falling to around the $40 mark today. The largest short position holder in HYPE on Hyperliquid, "Loracle", has continued to benefit from this decline, with unrealized profits expanding to $2.07 million and daily profit reaching $1.28 million. Currently, Loracle is shorting 1.2432 million HYPE tokens at 5x leverage, with a value of approximately $49.92 million, at an average price of $41.8. After increasing the position on May 10, the opening was completed. Additionally, the largest long position holder, who the market once suspected to be a whale involved in the "HYPE listing insider" issue, still holds HYPE longs. Currently, they are long 1.38 million tokens at 5x leverage, valued at approximately $55.4 million, with an average price of $38.67 and a liquidation price of $36.29. Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae Address: 0x082e843a431aef031264dc232693dd710aedca88

08:10

US Stock Movement｜EchoStar shares rise 5.5% pre-market after receiving FCC approval for $40 billion wireless spectrum deal

Glonghui, May 13｜EchoStar Communications (SATS.US) rose 5.5% in pre-market trading to $136.5. According to reports, the U.S. Federal Communications Commission (FCC) has approved EchoStar Communications' $40 billion deal to sell wireless spectrum to SpaceX and an exchange, believing that this move will enhance network connectivity across the United States. Specifically, EchoStar Communications will sell approximately 50 MHz of nationwide spectrum to an exchange for $23 billion to be used in its 5G network construction. Additionally, EchoStar will sell 65 MHz of spectrum to SpaceX for $17 billion to enhance Starlink's next-generation device-to-device communication services.

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Syscoin (SYS) 24-hour volatility reaches 51.1%: trading volume surges alongside technical breakout

Ronin has completed its migration to become an Ethereum Layer 2 solution, with the RON annual inflation rate decreasing by approximately 9x.

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