• 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

USD1 by World Liberty Financial: How the Dollar Stablecoin Works and How It Compares with USDT and USDC

chest

Explore USD1 by World Liberty Financial: reserves, BitGo's role, supported blockchains, DeFi use cases, risks, and prospects of the dollar-backed stablecoin.

user avatarElena Ryabokon

What Is Ethereum Institutional? Ethereum’s Role in Institutional Finance and Tokenization

chest

Explore Ethereum Institutional, including Ethereum adoption, Layer 2, RWA, stablecoins, DeFi, ETH, institutional use cases, key risks, and future prospects.

user avatarElena Ryabokon

Cross The Ages Season 4 — Dawn of War, Solana, CTA Token and NFT Economy

chest

Explore Cross The Ages Season 4: Dawn of War mechanics, Static and Eternal cards, Blasts, Runes, Solana migration, CTA token, NFTs, and the Web3 economy.

user avatarElena Ryabokon

Goblin's Gambit in The Beacon: How the Season, NFT Integration, and Roguelite Gameplay Work

chest

Learn what Goblin's Gambit is, how The Beacon season works, its roguelite gameplay, NFT integration, character progression, and the role of Web3 technology in the game.

user avatarElena Ryabokon

NanoChain (NACH) Explained: How the AI Blockchain, NANCH, NARO, and the Ecosystem Work

chest

Learn what NanoChain (NACH) is, how its dual-layer blockchain architecture works, the roles of NANCH and NARO, tokenomics, AI infrastructure, and the project's future potential.

user avatarElena Ryabokon

Pepeto ($PEPETO): How Swap, Bridge, Tokenomics, and Staking Work

chest

Explore Pepeto, including the $PEPETO token, PepetoSwap, cross-chain bridge, staking, and tokenomics. Learn how the ecosystem works and what risks to consider.

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.