• 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

On-Chain Crypto Analysis Guide: Understanding Blockchain Data for Smarter Investment Decisions

chest

Learn how to use on-chain analysis, track key blockchain metrics, explore leading analytics tools, and make more informed cryptocurrency investment decisions.

user avatarElena Ryabokon

What Is Blaze (YC)? Exploring Cross-Border Payments, USDC Infrastructure, and Agentic Finance

chest

Discover how Blaze (YC) uses USDC, stablecoins, virtual accounts, and AI-powered finance tools to simplify global payments and cross-border money transfers.

user avatarElena Ryabokon

Charm Finance Review: How Alpha Vaults Automate Liquidity Strategies on Uniswap V3

chest

Learn how Charm Finance and Alpha Vaults simplify liquidity management on Uniswap V3. Explore features, benefits, risks, and the project's role in the DeFi ecosystem.

user avatarElena Ryabokon

What Is Playstudios Web3? Exploring Rewarded Play, playAWARDS, Blockchain Technology, and Digital Rewards

chest

Discover how Playstudios Web3 combines rewarded play, playAWARDS, digital assets, and blockchain technology to create a unique gaming and loyalty ecosystem.

user avatarElena Ryabokon

What Is Euclid Protocol? Unified Liquidity Layer Technology, Features, and Project Outlook

chest

A detailed review of Euclid Protocol, a DeFi infrastructure project designed to unify liquidity across blockchains. Explore its architecture, features, technology, and future potential.

user avatarElena Ryabokon

What Is Veles Finance? Trading Bots, DCA Strategies, Features, and Project Outlook

chest

A detailed review of Veles Finance, an automated cryptocurrency trading platform. Explore trading bots, DCA strategies, risk management tools, key features, and the project's future potential.

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.