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Whales used the recent market volatility to accumulate more XRP and DOGE once again.
Quick Take The launch of the crypto-AI focused Aiccelerate DAO (AICC), now worth around $150 million, led to criticism on X after some insiders who took part in the project’s presale quickly sold their token allocations. Bankless Ventures, which received criticism after selling 10% of its allocation in an “impulsive mistake,” later rebought the tokens. In response to the controversy, the DAO said it “will implement a vesting structure for individual allocations and are having discussions with advisors to d
Quick Take A lawsuit from New York Attorney General Letitia James alleges that a ring of crypto scammers has stolen at least $2.2 million from New Yorkers solicited from fake remote work offers. James seeks to become the first regulator to serve unidentified scammers a lawsuit via an airdropped NFT.
US Nonfarm Payrolls and Unemployment Data have been released. Here is the latest.
- 03:31ENA will unlock tokens worth approximately $27.5097 million in a weekAccording to the token unlocking data of Web3 asset data platform RootData, Ethena (ENA) will unlock approximately 41.0156 million tokens at 7:00 am Beijing time on February 5, worth approximately US$27.5097 million.
- 03:31XRP Ledger native DEX swap volume reached $400 million in January, exceeding $1 billion since launchOdaily Planet Daily News Ripple CEO Brad Garlinghouse said on January 28 that XRP Ledger's native DEX swap transaction volume in January has reached $400 million, an average of about $17 million per day. Since its launch in 2024, DEX has processed more than $1 billion in cryptocurrency swap transactions.Garlinghouse continued that this rapid growth is one of several reasons why "2024 will be Ripple's most milestone year." Other factors include the "early but promising traction" of Ripple's US dollar stablecoin RLUSD, and several proposed XRP ETF applications.He added that investment bank JPMorgan estimates that XRP ETFs, including those proposed by asset management companies Bitwise and WisdomTree, will attract more than $8 billion in funds to XRP.
- 03:30Enjin Launches Enjin Snap, a MetaMask Add-on for Managing and Holding Enjin CoinsPANews reported on January 29 that according to official news, Enjin announced the launch of a new tool, Enjin Snap, which can bring the blockchain directly into the browser of more than 30 million MetaMask users per month. By installing Enjin Snap to MetaMask, users can manage and hold Enjin Coin, interact with all Enjin blockchain networks, and sign transactions directly through the MetaMask browser extension.