Ethereum News by Thebittimes.Com

A cryptocurrency trader turned $50.98 into approximately $10,900 in two hours, speculating in a recently created token. The trading occurred on February 21 against Solana (SOL) using its DeFi ecosystem. Lookonchain spotted what it deemed to be “unbelievable” results, posting the accomplishment on X (formerly Twitter). Notably, this anonymous crypto trader realized over 21,000% gains with one purchase and six sellings of a token called NVDA. In this context, Finbold gathered data from DexScreener showing the trader ’s ‘Buy’ and ‘Sell’ operations for NVDA/SOL on Raydium. Picked for you Bluzelle unveils Curium, a new miner pool app to streamline BLZ earning 43 mins ago Zengo wallet integrates Transak 43 mins ago Top SEC anti- crypto lawyer jumps ship, defects to a crypto law firm 53 mins ago ECB slams Bitcoin ETFs as ‘the naked emperor’s new clothes’ 2 hours ago First, a purchase worth $50.98 with 0.5 SOL at 0.00002816 SOL per NVDA. Followe

FTX, its sister company Alameda, and Binance have been the talk of the crypto town over the last couple of days. Well-known decentralized autonomous organization BitDAO stepped into the picture and gained limelight on Tuesday. In just the past few hours, the DAO’s native token BIT dropped from a $0.41 to a low of $0.307. Despite the slight recovery noted, the token was trading 8.5% down on the daily at at press time. Source: CMC Bybit Co-Founder Ben Zhao tweeted that the BitDAO was “questioning” the sudden dump of the BIT token “caused by Alameda.” Alameda, on its part, acquired over 100 million BIT tokens in November last year by converting 3.36 million FTX’s native token FTT. Per the token swap deal, Alameda is required to HOLD the tokens for a period of at least three years. Bitdao community is questioning the sudden dump of $bit token caused by Alameda dumping and breaching the 3 yr mutual no sale public commitment. Nothing is confirmed but bitdao community would like