• 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

What Is Clash: Heroes of Ferralia? Exploring the Web3 Game, PvP Mechanics, and Digital Asset Ecosystem

chest

Discover how Clash: Heroes of Ferralia works, explore its PvP gameplay, NFT integration, Unreal Engine 5 technology, and the role of Web3 in the game's digital ecosystem.

user avatarElena Ryabokon

Warriors of Nova Thera Review – Gameplay, MON Token, NFTs, and the Pixelmon Web3 Ecosystem

chest

Discover Warriors of Nova Thera, the blockchain roguelite game set in the Pixelmon universe. Learn about its gameplay, MON token, NFT integration, Web3 features, and future development.

user avatarElena Ryabokon

Restaking Explained: Benefits, Risks, How It Works, and How to Earn with Restaking

chest

Learn what restaking is, how it works, how it differs from traditional staking, its benefits and risks, and how investors can earn additional rewards in the crypto ecosystem.

user avatarElena Ryabokon

Pixelmon TCG Review: Gameplay, Blockchain Features, MON Token and Web3 Ecosystem Explained

chest

Discover how Pixelmon TCG works, including its gameplay mechanics, blockchain integration, MON Protocol, digital ownership, key features, potential risks, and future outlook.

user avatarElena Ryabokon

Project II Review: Everything You Need to Know About the Blockchain Game and Its Web3 Economy

chest

Explore the Project II blockchain game, including its gameplay, NFT integration, token economy, Web3 ecosystem, and future development within the Sunflower Land universe.

user avatarElena Ryabokon

Top Public Companies with Bitcoin Holdings: Corporate BTC Treasuries, Strategies, and Market Impact

chest

Discover which public companies hold the largest Bitcoin reserves, why they invest in BTC, and how corporate Bitcoin treasuries are shaping the digital asset market.

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.