• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
​More than 95% of Maps.me and Oxygen tokens are locked on FTX

​More than 95% of Maps.me and Oxygen tokens are locked on FTX

user avatar

by dapp_writer005

4 years ago

On November 16, 2022, it became known that several DEX projects at once (Maps.me and Oxygen) announced that 95% of their assets are stored on the bankrupt FTX exchange. Representatives of the projects spoke about this on the Oxygen protocol website. It is worth noting that these platforms were previously supported by Sam Bankman-Fried. In total, about $100 million was invested in the investment of the sites.

At the moment, representatives of Maps.me and Oxygen are shocked by the information about the bankruptcy of FTX, since it was this exchange that held most of the ecosystem tokens. To ensure the protection of their platforms, project heads turned to legal advisers for help. 

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Axie Infinity: Atia’s Legacy — How Sky Mavis Is Transforming Axie into an Open-World MMO

chest

Discover Axie Infinity: Atia’s Legacy, its PvE and PvP gameplay, NFT and AXS integration, and its role in the wider Ronin gaming ecosystem.

user avatarElena Ryabokon

Kenshi (KNS): How Deep Index, Blockchain Oracles, and Web3 Data Infrastructure Work

chest

Learn what Kenshi is, how Deep Index, Web3 data pipelines, and the KNS token work, and what role the project plays in the blockchain infrastructure ecosystem.

user avatarElena Ryabokon

Prop-AMM on Solana: Proprietary Market Makers and Coinbase Ventures’ View on the Future of Liquidity

chest

Learn what Prop-AMM is, how proprietary market makers operate on Solana, why Coinbase Ventures highlights this narrative, and how it is reshaping the DeFi landscape.

user avatarElena Ryabokon

Fableborne Season 4 Explained: New Heroes, Guild Features, POWER, and the Evolution of a Ronin Web3 Game

chest

Learn what’s new in Fableborne Season 4, how Guild Wars, the POWER token, and NFTs work, and why the game remains a standout project within the Ronin ecosystem.

user avatarElena Ryabokon

The Beacon and Goblin’s Gambit Season Explained: Gameplay, Treasure DAO, and the Future of Web3 Gaming

chest

Learn about The Beacon, Goblin’s Gambit Season, Treasure DAO, and how the project combines roguelite gameplay, digital ownership, and Web3 gaming infrastructure.

user avatarElena Ryabokon

Proof-of-Physical-Work (PoPW) and DePAI Explained: The Future of Decentralized AI, DePIN, and Physical Infrastructure

chest

Learn what Proof-of-Physical-Work and DePAI are, how decentralized AI networks and autonomous agents operate, and why these narratives are becoming an important part of the future of Web3.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.