• 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

CryptoKitties Review: NFT Cats, ERC-721, Ethereum, and the Origins of Blockchain Gaming

chest

Learn what CryptoKitties is, how NFT cats work, how breeding mechanics function, the ERC-721 standard, Ethereum, and why the project became one of the first successful blockchain games.

user avatarElena Ryabokon

Nexchain Review: AI-Powered Layer 1 Blockchain, NEX Token, Smart Contracts, and Web3 Infrastructure

chest

Learn what Nexchain is, how its AI-powered Layer 1 blockchain works, the role of the NEX token, hybrid consensus, smart contracts, and the project's Web3 ecosystem.

user avatarElena Ryabokon

Franklin Templeton OnChain Review: Benji Platform, FOBXX Fund, and Tokenized Real-World Assets

chest

Learn what Franklin Templeton OnChain is, how the Benji platform and FOBXX fund work, the role of the BENJI token, and how blockchain enables real-world asset (RWA) tokenization.

user avatarElena Ryabokon

Canton Network Review: Layer 1 Blockchain, Daml, Canton Coin, and Institutional Digital Asset Infrastructure

chest

Learn what Canton Network is, how its Layer 1 blockchain works, the Daml smart contract language, Global Synchronizer, Canton Coin, and infrastructure for tokenized real-world assets (RWA).

user avatarElena Ryabokon

Penumbra Review: Privacy Layer 1 Blockchain, UM Token, Shielded DEX, and Cosmos Integration

chest

Learn what Penumbra is, how its privacy-focused Layer 1 blockchain works, the UM token, shielded DEX, IBC interoperability, Proof-of-Stake, and the Cosmos ecosystem.

user avatarElena Ryabokon

Parallel TCG Mobile Review: Gameplay, NFT Cards, PRIME Token, and the Web3 Gaming Ecosystem

chest

Learn what Parallel TCG Mobile is, how the blockchain card game works, the role of NFT cards, the PRIME token, Ethereum integration, and the Web3 gaming ecosystem.

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.