Tag: sparks

Redstone’s Airdrop Cut Sparks Firestorm as Binance Halts RED Listing

coiner

Blockchain oracle Redstone faces community backlash and a Binance listing suspension following a controversial reduction in its RED token airdrop allocation. From 9.5% to 5%: Redstone’s Community Airdrop Allocation Slashed Redstone, a blockchain oracle providing data feeds for decentralized applications, has encountered significant turmoil after reducing its RED token community airdrop allocation, prompting Binance to […] Source link

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Voyager’s token transfer to Coinbase sparks sell-off suspicions

coiner

Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), worth around $2.77 million and an additional 250 billion Shiba Inu (SHIB), worth roughly $2.7 million, to crypto exchange Coinbase on Aug.11, according to Etherscan. The motive behind the transactions has triggered speculation within the broader crypto community. One theory suggests a probable sell-off, given that the transfers have diminished the distressed crypto lender’s wallet holdings to $81.63 million of digital assets. The transactions occurred at one-hour intervals, according to Etherscan. The abrupt movement of the tokens has triggered discussions regarding…

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