Today, some on-chain information doesn’t look very positive for the market. The most notable among them is the transfer of 130 million tokens from the Foundation wallet of $OP to the GnosisSafe wallet. In the three most recent instances of similar activity on August 30th, August 4th, and June 8th, the token’s price experienced significant drops (20%-30%). What’s particularly noteworthy this time is that the volume of tokens transferred is much larger than in previous instances.
Transaction Hash:
This is indeed a cause for concern for those holding OP tokens. It’s advisable to exercise caution with this token in the coming period.
Other noteworthy news:
- EigenLayer Announces 12 Early Pioneer Ecosystem Partners
3. Partnerships & Collaborations:
Ecosystem Partners: Proudly recognized 12 trailblazing early ecosystem partners building on EigenLayer. Meet them: https://t.co/Ieq4OvrXAb
— EigenLayer (@eigenlayer) September 13, 2023
- Judge approves FTX’s request to liquidate crypto assets
[ ZOOMER ]
FTX RECEIVES COURT APPROVAL TO LIQUDATE CRYPTO ASSETS: JUDGE
— zoomer (@zoomerfied) September 13, 2023
- Astar Network launches zkEVM Ethereum Layer 2 powered by Polygon
Astar Network to launch zkEVM Ethereum Layer 2 powered by Polygon https://t.co/U7xRl7NZi8
— The Block (@TheBlock__) September 13, 2023
- Mauve is the first DEX specializing in legally compliant RWA to officially go live today. The DEX is one of the first non-custodial exchanges to be approved as a virtual asset service provider (VASP) by the Cayman Islands Monetary Authority.
1/8 Today, we are incredibly excited to launch Mauve, the first…
1. RWA-focused
2. fully AML compliant
3. VASP registered
…non-custodial exchange 🚀That’s quite a lot, so let’s unpack 🧵👇https://t.co/S8lnmFePJB pic.twitter.com/qnALtykURC
— Mauve (@mauve_org) September 14, 2023
- Three Arrows co-founders Zhu Su and Kyle Davies are banned from doing business in Singapore.
- Today Circle announced its partnership with Grab to pilot the Web3 customer experience in Singapore through integrating Circle’s new Web3 Services platform into the Grab app.
- MetisDAO has integrated with LayerZero to convert native gas tokens into Omnichain Tokens (OFT).