News with the tag "BitDAO"

Alameda Research transferred $64.4 million worth of BIT tokens to Mirana Ventures. FTX liquidator made a transfer of almost $2 million in RAY tokens to Binance. The US government transferred millions in FTX/Alameda seized tokens to two wallets. Alameda Research just transferred 72.6 million BitDAO (...

Bybit has set the record straight on BIT tokens as discussions heat up within the crypto community. In a recent X post, Igneus Terrenus, Bybit’s Head of Communications, stressed that the company has never issued one. He explained that BIT is BitDAO’s governance token, not Bybit’s. Additionally, the ...

The lawsuit also alleges that ByBit secretly controls BitDAO, now known as Mantle, which a ByBit executive once "privately explained" to FTX.

The lawsuit also alleges that ByBit secretly controls BitDAO, now known as Mantle, which a ByBit executive once "privately explained" to FTX.

A Mantle community member has proposed the restriction on an automatic migration of FTX BIT tokens to Mantle (MNT) citing disqualifying factors. A debate sparked by members of the Mantle Decentralized Autonomous Organization (DAO) on the ongoing token migration of certain companies including the FTX...

A community member has argued that FTX's BIT tokens should not be automatically converted because of disqualifying factors.

After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.

In a volatile twist, the cryptocurrency market experienced a 0.82% decrease in value within the last day, descending to $1.2 trillion. This transpired as bitcoin (BTC) faced unstable conditions, dropping below the crucial $30K mark on Tuesday. Crypto Market in Flux Throughout this chaotic 24-hour pe...

Mantle’s team said the modular design will allow for quick future upgrades, making it simple to onboard Ethereum updates. The design which splits blockchain activity across separate layers also offers users cheap transactions on a high-performance blockchain, the team said. The team announced its ma...

Broader cryptocurrency markets are a little higher on Thursday, but remain stuck within recent ranges, with bitcoin (BTC) just still just $30,000 and ether (ETH) in the mid-$1,800s. Markets continue to balance optimism about potential upcoming spot bitcoin ETFs, which helped spur a recent recovery i...