StarkWare is looking to reduce its already cheap fees as it anticipates a boom in blockchain activity and gas fees in the coming months.

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Machi Big Brother (@machibigbrother) has recently redirected his investment strategy, moving away from accumulating $FRIEND and focusing instead on purchasing $BLAST. Since August 5, he has spent 1,464 ETH (approximately $3.86 million) to acquire 350 million $BLAST tokens, making him the largest individual holder of $BLAST. Machi Big Brother(@machibigbrother) appears to have stopped accumulating $FRIEND and shifted focus to buying $BLAST. Since August 5, he has spent 1,464 $ETH($3.86M) to buy 350M $BLAST. Address:0xF0EA13334d6F74044EC7332De1C6EC194179df3d… pic.twitter.com/bvou3Fw6Qs — Lookonchain (@lookonchain) August 19, 2024 Recent Investment Activity Before today’s shift, Machi Big Brother had been steadily buying $BLAST since the market crash on

The post Machi Big Brother Shifts Focus from $FRIEND To $BLAST With Major Investment Moves appeared first on The Merkle News.

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This morning, USDB, the stablecoin launched by Blast, experienced significant volatility, dropping over 5% to a low of $0.9421 before rebounding to approximately $0.9945. USDB Drama: Lessons from the Depeg USDB, the stablecoin launched by Blast, took a dive this morning, slipping over 5% to $0.9421 before bouncing back to around $0.9945. For those holding USDB, remember: no stablecoin is entirely risk-free, especially when pegged to other assets… pic.twitter.com/8MDw2DgV5U — Crypto Town Hall (@Crypto_TownHall) August 5, 2024 This sharp fluctuation serves as a stark reminder that no stablecoin is entirely risk-free, especially when its value is pegged to other assets

The post USDB Stablecoin Experiences Volatility, Emphasizing Need For Diversification appeared first on The Merkle News.

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After monitoring withdrawals for four months, the developers concluded that longer withdrawal times were no longer necessary.

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Since its launch on June 26, $BLAST has seen a significant exodus of big investors, resulting in a near 24% drop in Total Value Locked (TVL). Address 0x663…268c4, linked to @General6316, recently redeemed 1,300 ETH from Blast, depositing it all into Binance, with a value of $4.06 million. This address began interacting with Blast eight months ago, transferring ETH from Binance at an average price of $2,987. If the recent ETH deposit is sold, the investor stands to make a profit of $170,000. 自 06.26 $BLAST 上线以来，越来越多大户从 Blast 出逃了，TVL 已下降近 24% 地址 0x663…268c4(@General6316) 两小时前收到 Blast 赎回的 1300 枚 ETH 后已全部充值进

The post Investors Flee $BLAST, TVL Drops 24%, But Hedge Fund Sees Potential appeared first on The Merkle News.

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$BLUR is poised to unlock 11.13% of its supply for advisors and investors, with nearly 200 million tokens claimed immediately. This event, occurring six months after the token generation event (TGE), has already led to notable market movements. 2/ Advisors & investors unlock$BLUR is set to unlock for advisors and investors around 11.13% of the unlocked supply 6 months after TGE, with almost 200 million $BLUR claimed immediately. Within 2 months after unlocking, the price steadily decreased from 0.30X to 0.20X (~33%). pic.twitter.com/bQbdX3NBcF — Token Unlocks (@Token_Unlocks) June 27, 2024 In the two months following the unlocking, $BLUR’s price steadily

The post $BLUR Set For Major Unlock, Faces Significant Sell-Off And Price Decline appeared first on The Merkle News.

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The native token of the Ethereum layer-2 Blast has rallied following an airdrop in which 17% of the supply was sent to eligible users.

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The much-awaited Blast airdrop is happening today, and the team has released a comprehensive tokenomics report along with key project details. This event marks a significant step for the Blast ecosystem, aiming to distribute tokens broadly within the community while also supporting core contributors and investors. The total supply of Blast tokens is set at 100 billion. Half of these tokens, 50%, will be airdropped to the community to encourage widespread engagement. An initial airdrop of 17 billion tokens will be distributed among various groups: 7% to gold farmers, 7% to points farmers, and 3% to Blur stakers. Additionally, the

The post Blast Airdrop Begins Today With Detailed Tokenomics And Project Report appeared first on The Merkle News.

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The Blast team announced that its token airdrop would commence on June 26 and that users who bridged assets to the network or used its apps would receive tokens.

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