👀📢Serum DEX (SRM) did not survive FTX collapse.
Serum, one of the first DEXes on the Solana blockchain, collapsed following the catastrophe of the FTX exchange and Alameda Research VC firm.
FTX founder Sam Bankman-Fried had aggressively promoted Serum (SRM), Raydium (RAY) and some other Solana assets.
Developers proposed the release of a community-driven fork, but its status also needs to be clarified.
At press time, Serum DEX Token (SRM) is changing hands at $0.24, being 98.9% down from ATH.
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Serum, one of the first DEXes on the Solana blockchain, collapsed following the catastrophe of the FTX exchange and Alameda Research VC firm.
FTX founder Sam Bankman-Fried had aggressively promoted Serum (SRM), Raydium (RAY) and some other Solana assets.
Developers proposed the release of a community-driven fork, but its status also needs to be clarified.
At press time, Serum DEX Token (SRM) is changing hands at $0.24, being 98.9% down from ATH.
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🌎GWI survey: % percentage of the population (16-64 years old) by country who own crypto
world average = 12.3%
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world average = 12.3%
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🚶👀 Hundreds of billions of SHIB are on the move
A total of 918 billion SHIB has been moved by owners of a few anonymous wallets.
More than half of this amount – 431,492,559,912 SHIB worth $4,047,400 – was transferred by Binance, between its wallets.
Another 66b SHIB from the 918b was sent to Binance to be sold. Then, 312b and 107b SHIB were transferred between mysterious wallets.
This transfer was most likely conducted as part of the proof-of-reserves audit that Binance initiated recently, calling on all other centralized exchanges to do likewise.
Bulk news
A total of 918 billion SHIB has been moved by owners of a few anonymous wallets.
More than half of this amount – 431,492,559,912 SHIB worth $4,047,400 – was transferred by Binance, between its wallets.
Another 66b SHIB from the 918b was sent to Binance to be sold. Then, 312b and 107b SHIB were transferred between mysterious wallets.
This transfer was most likely conducted as part of the proof-of-reserves audit that Binance initiated recently, calling on all other centralized exchanges to do likewise.
Bulk news
👀200,000 BTC, More Than 1,000,000 ETH Left CEXes
According to on-chain data, around 200,000 BTC worth $3.4 billion and more than 1 million ETH left various centralized cryptocurrency trading platforms, which makes it the biggest migration of funds from CEXes since 2021.
The decreasing amount of assets on exchanges quite often correlates with a descending trend in open interest and overall selling pressure on the market. Once traders move their funds away from the open market, they tend to hold them longer in comparison to those investors who store their funds on exchanges' wallets.
If the trend prevails, the selling pressure we witnessed back in November will descend, along with the volatility. The outflow of funds from exchanges usually heralds an accumulation stage, which comes right before the overall recovery of the market.
Bulk news
According to on-chain data, around 200,000 BTC worth $3.4 billion and more than 1 million ETH left various centralized cryptocurrency trading platforms, which makes it the biggest migration of funds from CEXes since 2021.
The decreasing amount of assets on exchanges quite often correlates with a descending trend in open interest and overall selling pressure on the market. Once traders move their funds away from the open market, they tend to hold them longer in comparison to those investors who store their funds on exchanges' wallets.
If the trend prevails, the selling pressure we witnessed back in November will descend, along with the volatility. The outflow of funds from exchanges usually heralds an accumulation stage, which comes right before the overall recovery of the market.
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📱📲4.1 Billion XRP Moved from Bittrex Within Hour, Here’s What May Be Happening.
Approximately 4.1 billion XRP, evaluated at roughly $1.5 billion, was sent out in ten different transactions from Bittrex to unknown wallets.
According to Bithomp, an XRP-focused wallet tracking platform, the receiving addresses were set up by Upbit, a major South Korean crypto exchange.
Considering the amount, it was probably made by a financial institution, unless Bittrex was operating as an XRP custodian for Upbit, and now withdrawing them to their wallets.
Bulk news
Approximately 4.1 billion XRP, evaluated at roughly $1.5 billion, was sent out in ten different transactions from Bittrex to unknown wallets.
According to Bithomp, an XRP-focused wallet tracking platform, the receiving addresses were set up by Upbit, a major South Korean crypto exchange.
Considering the amount, it was probably made by a financial institution, unless Bittrex was operating as an XRP custodian for Upbit, and now withdrawing them to their wallets.
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🤷📉FTX Collapse: Not Sure Creditors Get Their Money Back, Says Moody’s.
Moody’s, a rating agency, said; the implosion of the FTX will have “long-lasting effects on the crypto industry.”
SBF filed for bankruptcy on Nov. 11. Regulators have asked how a company valued at $32b in Feb. could declare bankruptcy in Nov.
Though John Ray, FTX’s new CEO in charge of restructuring said that all options are on the table, Moody’s said that it is ‘uncertain’ whether creditors will get their money back.
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Moody’s, a rating agency, said; the implosion of the FTX will have “long-lasting effects on the crypto industry.”
SBF filed for bankruptcy on Nov. 11. Regulators have asked how a company valued at $32b in Feb. could declare bankruptcy in Nov.
Though John Ray, FTX’s new CEO in charge of restructuring said that all options are on the table, Moody’s said that it is ‘uncertain’ whether creditors will get their money back.
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🔔🕶 Cardano (ADA) and Other Cryptocurrencies are Now Available on BitMEX Exchange
The BitMEX exchange has announced that it now supports Cardano (ADA), Polkadot (DOT), and Tezos (XTZ).
Users will be able to deposit and withdraw the said cryptocurrencies via their BitMEX wallet.
Including the newly added ones, it is now possible to convert USD Coin (USDC) and Tether (USDT) into roughly 30 cryptocurrencies.
After emerged during the 2018 bear market, BitMEX introduced its fiat on-ramp service in November 2021.
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The BitMEX exchange has announced that it now supports Cardano (ADA), Polkadot (DOT), and Tezos (XTZ).
Users will be able to deposit and withdraw the said cryptocurrencies via their BitMEX wallet.
Including the newly added ones, it is now possible to convert USD Coin (USDC) and Tether (USDT) into roughly 30 cryptocurrencies.
After emerged during the 2018 bear market, BitMEX introduced its fiat on-ramp service in November 2021.
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We are expanding the broadcast format for our subscribers.
Today's topic will be the possibilities of earning money in P2E without investing any funds.
IguVerse is a new Socialize to Earn game, a hybrid of Move2Earn and Play2Earn. Earnings in the game come from social tasks and mini-games.
🚀 The listing of the $IGUP in-game token is scheduled for today (13:00 UTC) and will take place on two decentralized exchanges: Biswap and PancakeSwap. After that, the in-game exchange based on Biswap (IGUP-BNB) will also be open. We will follow the listing to assess the project perspectives. IDO of the governance token ($IGU) is planned on DAOMaker.
🚀 Activity for today: get the free NFT pet and earn $IGUP tokens.
1. Download the application
2. Register an account
3. Create a wallet (be sure to write down the seed phrase) and generate a free NFT
4. To get additional bonuses, specify a referral link (S1B48V8L), then invite friends.
4. Play and earn. Upgrade your pet to get more rewards in $IGUP.
P.S. Do not forget to feed your pet on time, otherwise it may die.
#P2E #LowBank
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Today's topic will be the possibilities of earning money in P2E without investing any funds.
IguVerse is a new Socialize to Earn game, a hybrid of Move2Earn and Play2Earn. Earnings in the game come from social tasks and mini-games.
🚀 The listing of the $IGUP in-game token is scheduled for today (13:00 UTC) and will take place on two decentralized exchanges: Biswap and PancakeSwap. After that, the in-game exchange based on Biswap (IGUP-BNB) will also be open. We will follow the listing to assess the project perspectives. IDO of the governance token ($IGU) is planned on DAOMaker.
🚀 Activity for today: get the free NFT pet and earn $IGUP tokens.
1. Download the application
2. Register an account
3. Create a wallet (be sure to write down the seed phrase) and generate a free NFT
4. To get additional bonuses, specify a referral link (S1B48V8L), then invite friends.
4. Play and earn. Upgrade your pet to get more rewards in $IGUP.
P.S. Do not forget to feed your pet on time, otherwise it may die.
#P2E #LowBank
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Iguverse
IguVerse connects real social media users and advertisers. We're building a decentralized ad platform that will facilitate native…
IguVerse is building an AI-powered NFT marketplace and a gamified decentralized ad platform that connects content creators and advertisers to facilitate native & reliable advertising.
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📉 Glassnode: Over the past 365 days, Bitcoin investors have recorded a Realized Loss of $213 billion.
This compares to the $455 billion in annualized profit realized in 2020-21.
This reflects a relative capital loss of ~47% on bull market gains similar in scope to the 2018 cycle. (v_crypto)
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This compares to the $455 billion in annualized profit realized in 2020-21.
This reflects a relative capital loss of ~47% on bull market gains similar in scope to the 2018 cycle. (v_crypto)
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💡Bankman-Fried could have supposedly played a role in the crash of UST and LUNA.
The former CEO of the bankrupt FTX – Sam Bankman-Fried – might be involved in Terra’s crash.
Federal prosecutors have started investigating whether he manipulated trades that led to the collapse of UST and LUNA.
Though the investigation is still in its early days, insiders said he might have machinated the market to benefit FTX and Alameda Research.
Do Kwon also wrote on his Twitter account; “what’s done in darkness will come to light”.
Bulk news
The former CEO of the bankrupt FTX – Sam Bankman-Fried – might be involved in Terra’s crash.
Federal prosecutors have started investigating whether he manipulated trades that led to the collapse of UST and LUNA.
Though the investigation is still in its early days, insiders said he might have machinated the market to benefit FTX and Alameda Research.
Do Kwon also wrote on his Twitter account; “what’s done in darkness will come to light”.
Bulk news
🛎We are expanding the broadcast format for our subscribers.🛎
Today's topic will be the possibilities of earning money by participating in testnets without investing any funds. In the classical sense, a testnet or test network is a kind of “sandbox”, a version of the main network that allows developers to test the necessary functionality or make any changes to the network without using real cryptocurrency and without any risks to the main network.
Participation in various testnets is not only an interesting activity, but also an opportunity to try out the product. Perhaps in the future this experience will be useful in the work. Separately, it is worth noting that crypto projects often reward testnet participants in one way or another, supporting their early adopters. Such activity may be of interest to both a beginner who wants to understand the project, and a more experienced user who wants to participate in the pursuit of rewards.
#Testnet #LowBank
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Today's topic will be the possibilities of earning money by participating in testnets without investing any funds. In the classical sense, a testnet or test network is a kind of “sandbox”, a version of the main network that allows developers to test the necessary functionality or make any changes to the network without using real cryptocurrency and without any risks to the main network.
Participation in various testnets is not only an interesting activity, but also an opportunity to try out the product. Perhaps in the future this experience will be useful in the work. Separately, it is worth noting that crypto projects often reward testnet participants in one way or another, supporting their early adopters. Such activity may be of interest to both a beginner who wants to understand the project, and a more experienced user who wants to participate in the pursuit of rewards.
#Testnet #LowBank
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🛎We are expanding the broadcast format for our subscribers🛎
Today, in the testnets section, we introduce you to the Zecrey Protocol.
The Zecrey Protocol is a layer 2 privacy protocol based on the ZK rollup.
Investors: Binance abs, Bybit, Spartan Group, Shima Capital Loopring, CMCC Global and others
Detailed information about the testnet.
Rewards: OAT NFT for all participants and participation in the Genesis NFT raffle. In total there will be 20k Genesis NFT, 10% of testers will be randomly picked for the white list
Testnet:
1. Install the application on Android or use BlueStacks / Nox.
2. Connect the EVM wallet(Metamask). We do not recommend using the main wallet for security reasons.
3. We get test tokens through the faucet.
4. Generate L2 network and transfer test tokens to it
5. Exchange tokens in the L2 network, buy NFTs, test the app
6. Withdraw funds back to L1
7. Clame OAT
8. Register for the Genesis NFT draw.
Deadline: 1:00pm UTC, 01/03/2023
Difficulty ★☆☆☆☆
Time ★☆☆☆☆
Costs ☆☆☆☆☆.
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Today, in the testnets section, we introduce you to the Zecrey Protocol.
The Zecrey Protocol is a layer 2 privacy protocol based on the ZK rollup.
Investors: Binance abs, Bybit, Spartan Group, Shima Capital Loopring, CMCC Global and others
Detailed information about the testnet.
Rewards: OAT NFT for all participants and participation in the Genesis NFT raffle. In total there will be 20k Genesis NFT, 10% of testers will be randomly picked for the white list
Testnet:
1. Install the application on Android or use BlueStacks / Nox.
2. Connect the EVM wallet(Metamask). We do not recommend using the main wallet for security reasons.
3. We get test tokens through the faucet.
4. Generate L2 network and transfer test tokens to it
5. Exchange tokens in the L2 network, buy NFTs, test the app
6. Withdraw funds back to L1
7. Clame OAT
8. Register for the Genesis NFT draw.
Deadline: 1:00pm UTC, 01/03/2023
Difficulty ★☆☆☆☆
Time ★☆☆☆☆
Costs ☆☆☆☆☆.
Bulk news
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♦️Cedro Finance - Testnet + OG + Crew3 Quest's activities
ℹ️ Cedro Finance is a cross-chain decentralized platform for borrowing and lending. All this beauty is built on LayerZero, which allows the protocol to work in several chains and with low commissions.
💎The project will have its own $CED token , 50% of the total supply of which is dedicated to the community. And who, if not early adopters and OG role holders, is worthy of rewards?
📝 Actions to do
• Add networks to MM:
go to chainlist (https://chainlist.org/) → switch the slider to "Testnets" → enter in the search and add three test networks:
go to the site → click "Get Test Tokens" → go to faucets and get tokens.
• Testing the functionality of the platform:
go to the Market tab → select a token and click Detail → one by one enter "Supply" and borrow "Borrow" funds (perform the steps in two networks with all tokens).
• Leave feedback about the platform:
go to discord Cedro Finance → leave feedback in the #feedbacks thread → fill out the form on getting OG.
💭P.S We are testing the site at an early stage, so we paint all the shortcomings of the site. There are plenty of them.
⭕️Complete tasks in Crew3 Cedro Finance
The project has qualitatively developed quests for the Crew3 platform , thanks to which we can follow all the activities in Cedro from one crew.
P.S Cedro Finance is a project that will definitely be relevant and in demand. Already at such an early stage, top projects follow his twitter. It will take you 15-20 minutes to complete the entire range of activities, so it will not be superfluous to drive a couple of wallets away.
Difficulty ★☆☆☆☆
Time ★☆☆☆☆
Costs ☆☆☆☆☆
Bulk news
ℹ️ Cedro Finance is a cross-chain decentralized platform for borrowing and lending. All this beauty is built on LayerZero, which allows the protocol to work in several chains and with low commissions.
💎The project will have its own $CED token , 50% of the total supply of which is dedicated to the community. And who, if not early adopters and OG role holders, is worthy of rewards?
📝 Actions to do
• Add networks to MM:
go to chainlist (https://chainlist.org/) → switch the slider to "Testnets" → enter in the search and add three test networks:
Fantom Testnet
Mumbai
Avalanche Fuji Testnet
• Get test tokens:go to the site → click "Get Test Tokens" → go to faucets and get tokens.
• Testing the functionality of the platform:
go to the Market tab → select a token and click Detail → one by one enter "Supply" and borrow "Borrow" funds (perform the steps in two networks with all tokens).
• Leave feedback about the platform:
go to discord Cedro Finance → leave feedback in the #feedbacks thread → fill out the form on getting OG.
💭P.S We are testing the site at an early stage, so we paint all the shortcomings of the site. There are plenty of them.
⭕️Complete tasks in Crew3 Cedro Finance
The project has qualitatively developed quests for the Crew3 platform , thanks to which we can follow all the activities in Cedro from one crew.
P.S Cedro Finance is a project that will definitely be relevant and in demand. Already at such an early stage, top projects follow his twitter. It will take you 15-20 minutes to complete the entire range of activities, so it will not be superfluous to drive a couple of wallets away.
Difficulty ★☆☆☆☆
Time ★☆☆☆☆
Costs ☆☆☆☆☆
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X (formerly Twitter)
Cedro Finance (@cedro_finance) on X
Building The Intelligent Layer for Web3 | https://t.co/2VmNchmZbO
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❌The TotemFi team has made the decision to close the project due to current market conditions.
“Because of the market conditions, the project became financially unprofitable.” - said the team on Twitter
TOTM holders will have 1 week to trade their remaining tokens.
According to this timing, on Friday, December 16 at 16:00 UTC, trading will cease on all CEXs and DEXs and holders will not be able to liquidate the remaining TOTM tokens, they are still holders.
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“Because of the market conditions, the project became financially unprofitable.” - said the team on Twitter
TOTM holders will have 1 week to trade their remaining tokens.
According to this timing, on Friday, December 16 at 16:00 UTC, trading will cease on all CEXs and DEXs and holders will not be able to liquidate the remaining TOTM tokens, they are still holders.
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🪙👀Address poisoning Attack.
As of December 2, more than 340K addresses have been poisoned and more than 1.64M USD stolen.
🔁The attack is based on a "back and forth" 0 BSC-USD transfer operation whereas a victim uncontrollably transfers 0 BSC-USD to an attacker.
Firstly, the hacker makes his address appear in the user’s transaction history, luring the user into mistaking it for a trusted interaction address.
🪢 The address a hacker uses is meant to mimic his victim’s wallet address. This is done by replicating the first and last digits of the user’s trusted address using a vanity address generator.
The next time Victim A carelessly copies the address of the historical transaction, thus transferring the funds to the wrong account.
#scam #attack
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As of December 2, more than 340K addresses have been poisoned and more than 1.64M USD stolen.
🔁The attack is based on a "back and forth" 0 BSC-USD transfer operation whereas a victim uncontrollably transfers 0 BSC-USD to an attacker.
Firstly, the hacker makes his address appear in the user’s transaction history, luring the user into mistaking it for a trusted interaction address.
🪢 The address a hacker uses is meant to mimic his victim’s wallet address. This is done by replicating the first and last digits of the user’s trusted address using a vanity address generator.
The next time Victim A carelessly copies the address of the historical transaction, thus transferring the funds to the wrong account.
#scam #attack
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❌❌ Scam alert: Ripple CTO warns users about new fake XRP staking.
Ripple CTO, David Schwartz, has alerted XRP holders of a phishing scam that uses a fake Ripple website and promises XRP staking with high returns.
The scammers play on the ignorance of unsuspecting individuals by sending them emails using a cloned Binance website.
The email reads thus; “Ripple has announced a new feature, which is the XRP staking platform with high returns on investment of 16% to 31% and a secured fund of over 5 billion XRP.”
Bulk News
Ripple CTO, David Schwartz, has alerted XRP holders of a phishing scam that uses a fake Ripple website and promises XRP staking with high returns.
The scammers play on the ignorance of unsuspecting individuals by sending them emails using a cloned Binance website.
The email reads thus; “Ripple has announced a new feature, which is the XRP staking platform with high returns on investment of 16% to 31% and a secured fund of over 5 billion XRP.”
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📈⚡️Investors are getting back into bitcoin at the highest level in 2 years.
According to the crypto analytics portal Santiment, the number of addresses holding between 10 and 1,000 BTC has reached a record high since 2020.
These investors have increased by 5.4% over the past nine months, totaling 151,100 wallets.
The growth is directly related to the BTC price, which is now at a two-year low and is affordable.
In 2020, the price of BTC was an upward trend, while now it is on the opposite side.
Bulk News
According to the crypto analytics portal Santiment, the number of addresses holding between 10 and 1,000 BTC has reached a record high since 2020.
These investors have increased by 5.4% over the past nine months, totaling 151,100 wallets.
The growth is directly related to the BTC price, which is now at a two-year low and is affordable.
In 2020, the price of BTC was an upward trend, while now it is on the opposite side.
Bulk News
🛎We are expanding the broadcast format for our subscribers🛎
Taking $30 from the WeSendIt project (the token is traded on a pancake
The project aims to preserve privacy through decentralized file sharing solutions and cloud storage networks (but this is not very important to us, we need to know how to make money on it).
🚀Go to the WeSendIt website
🚀Be sure to confirm the mail.
🚀Making out social tasks.
🚀Repeat from a new IP for each account (you will have to use multiple accounts to get a high rating).
🚀 Track your place in the ranking to get rewards.
Rewards:
1st place: 1M WSI (very much)
2nd-10th place: 125.000 WSI each (many)
11th-100th place: 10.001 WSI each ($930)
101st-500th place: 2004 WSI ($465)
501-2500 place: 500 WSI each ($116)
2500-10000 place: 133 WSI each ($30)
📆 Deadline: 12/22/2022
Difficulty ★☆☆☆☆
Time ★★☆☆☆
Costs ☆☆☆☆☆
Bulk news
Taking $30 from the WeSendIt project (the token is traded on a pancake
The project aims to preserve privacy through decentralized file sharing solutions and cloud storage networks (but this is not very important to us, we need to know how to make money on it).
🚀Go to the WeSendIt website
🚀Be sure to confirm the mail.
🚀Making out social tasks.
🚀Repeat from a new IP for each account (you will have to use multiple accounts to get a high rating).
🚀 Track your place in the ranking to get rewards.
Rewards:
1st place: 1M WSI (very much)
2nd-10th place: 125.000 WSI each (many)
11th-100th place: 10.001 WSI each ($930)
101st-500th place: 2004 WSI ($465)
501-2500 place: 500 WSI each ($116)
2500-10000 place: 133 WSI each ($30)
📆 Deadline: 12/22/2022
Difficulty ★☆☆☆☆
Time ★★☆☆☆
Costs ☆☆☆☆☆
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👀Kaiko: amid the collapse of FTX, the positive correlation of BTC with BNB (the token of the Binance exchange) fell to a 2-year low. BNB Outperforms Many Tokens as Binance Strengthens Market Position
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💰🐋After whale buys $800,000 worth of MAGIC, Binance announces listing in innovation zone.
Binance listed MAGIC on its innovation list following a large purchase by an anonymous whale throughout the month.
This is to protect traders from extensive volatility and higher risk due to the smaller market capitalization.
MAGIC is a governance and utility token for the Treasure gaming infrastructure project on Arbitrum.
MAGIC deposits are already open, while the withdrawals will open on Dec. 13.
Bulk news
Binance listed MAGIC on its innovation list following a large purchase by an anonymous whale throughout the month.
This is to protect traders from extensive volatility and higher risk due to the smaller market capitalization.
MAGIC is a governance and utility token for the Treasure gaming infrastructure project on Arbitrum.
MAGIC deposits are already open, while the withdrawals will open on Dec. 13.
Bulk news