Foresight News reported that the blockchain gaming guild YGG tweeted that 25 million YGG tokens have been transferred from Ethereum to its Abstract treasury wallet, worth approximately $1.7 million. If users already hold tokens in Abstract, they can directly exchange them for YGG on Abstract DEX, then use the YGG tokens to obtain LOL tokens on the YGG Play distribution platform, or participate in the next round of YGG Play token issuance.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CFTC clarifies cryptocurrency margin rules: BTC and ETH capital deduction rate of 20%, permitting investment in the derivatives market
The U.S. Commodity Futures Trading Commission (CFTC) recently released an FAQ clarifying the rules for using cryptocurrencies as margin in derivatives markets, specifically setting capital deduction rates of 20% for Bitcoin and Ethereum and 2% for stablecoins. The pilot program will be limited to three coin types in the first three months, after which it will expand to additional cryptocurrencies and relax reporting requirements. Qualifying crypto assets may be used as margin, marking a gradual acceptance of blockchain assets within the U.S. financial system.
動區BlockTempo6m ago
Brother Maji Huang Licheng Opens 25x Leverage ETH Long Position Again, Holding 2200 Coins Worth $4.62 Million
Gate News: On March 22, Hyperbot data shows that the decline in the cryptocurrency market this morning led to the liquidation of all of Big Brother Machi Huang Lixuan's Ethereum long positions. One hour ago, Huang Lixuan opened a new Ethereum long position with 25x leverage, currently holding 2,200 ETH, valued at approximately $4.62 million, with an entry price of $2,091 and a liquidation price of $2,061.
GateNews16m ago
Major CEX and DEX funding rates fully turned negative, BTC down 1.93%, ETH down 2.18%
On March 22, Bitcoin reported $69,275.33, down 1.93% in 24 hours; Ethereum reported $2,103.95, down 2.18%. The market is broadly bearish, with shorts dominating. Funding rates are universally negative, indicating that shorts need to pay fees to longs.
GateNews31m ago
Erik Voorhees associated address increased holdings by 2491 ETH within 2 hours, valued at $5.32 million
Gate News reported that on March 22, according to monitoring by on-chain analyst Ai Yi, an address associated with Erik Voorhees, founder of ShapeShift and an early Bitcoin supporter, purchased 2491.44 ETH on-chain at an average price of $2134 in the past 2 hours, valued at $5.32 million. Since March 10, the address has cumulatively purchased 120,305.4 ETH with a total value of $259 million at an average cost of $2159.71.
GateNews57m ago
# Accumulated Long 120,000 ETH Whale Turns from Profit to Loss, Deposits 5 Million USDC Margin Possibly to Avoid Liquidation
According to on-chain analysts' monitoring, a whale address has accumulated holdings of 120,000 ETH and 700 BTC, valued at $298 million. Currently, the ETH position shows an unrealized loss of $309,000, while the BTC position shows an unrealized gain of $403,000. The address just deposited 5 million USDC to Hyperliquid to avoid liquidation.
GateNews1h ago
ENS domain defi.eth traded at 15 ETH, down 62.5% from its 2022 transaction price
According to OpenSea data, the ENS domain defi.eth was sold on March 22 for 15 ETH (approximately $32,337.55), which is about 62.5% lower than the 40 ETH it sold for in February 2022. The buyer's address is 0x5716...0fdd.
GateNews1h ago