• 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 BlockDAG? Exploring BDAG, Proof-of-Work, EVM Compatibility, and Parallel Block Processing

chest

Learn what BlockDAG is, how its DAG architecture works, and explore the BDAG token, mining ecosystem, EVM compatibility, and the project's Layer 1 infrastructure.

user avatarElena Ryabokon

What Is Seeker by Solana Mobile? Exploring SKR, Seed Vault, and the Future of Mobile Web3

chest

Learn what Seeker by Solana Mobile is, how Seed Vault, Seeker ID, and the SKR token work, and explore the growing ecosystem of mobile Web3 applications on Solana.

user avatarElena Ryabokon

What Is Ubisoft x Immutable? Exploring Ubisoft's Blockchain Strategy and Digital Ownership in Gaming

chest

Learn what Ubisoft x Immutable is, how the partnership works, what Might & Magic Fates offers, and how Immutable is helping shape the future of AAA Web3 gaming.

user avatarElena Ryabokon

What Is HoloSim Chapter 2? Exploring Star Atlas Fleet Battles, Factions, and Territorial Warfare

chest

Discover HoloSim Chapter 2, the browser-based strategy game from Star Atlas featuring faction warfare, fleet management, resource gathering, and the Solana ecosystem.

user avatarElena Ryabokon

What Is Ragnarok Landverse: Genesis? Exploring the Ronin-Based MMORPG with NFTs and Digital Assets

chest

Discover Ragnarok Landverse: Genesis, a Web3 MMORPG built on Ronin featuring NFT assets, Genesis Land, the ION token, and a blockchain-powered Ragnarok Online experience.

user avatarElena Ryabokon

SpacePay (SPY) Explained: How Crypto Payments and POS Integration Work in Retail

chest

Learn what SpacePay is, how the SPY token works, and how the platform enables cryptocurrency payments through existing POS terminals and Web3 payment infrastructure.

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.