Lookonchain APP

App Store

Plasma: The XPL public sale will start on July 17, with deposits and withdrawals being locked on July 14.

7 hours ago

On July 10th, the stablecoin project Plasma officially announced that the XPL public sale will commence on July 17th. Deposits and withdrawals will be locked on July 14th (72 hours prior to the sale), which represents the final opportunity for users to withdraw. The reserve deposits cannot be used for this round of sales. After the sale concludes, all deposits will remain locked for at least 40 days. Previously, the stablecoin project Plasma stated that the $1 billion raised from deposits is not for the XPL sale itself, and the public sale of XPL has not yet begun. All funds will be bridged to the Plasma mainnet testnet and will be fully owned by depositors. Depositors will participate in the sale based on the final unit ownership at the time of the lock. The public sale terms remain unchanged: 50 million XPL tokens will be sold, with a fully diluted valuation of $5 billion. Plasma previously received a strategic investment from Founders Fund under Peter Thiel and announced in February of this year that it had completed a $24 million funding round ($20 million Series A and $4 million seed round), led by Framework Ventures, with the participation of the cryptocurrency exchange Bitfinex, venture capitalist Peter Thiel, and Tether CEO Paolo Ardoino.
Relevant content

ETH Surges Above $3,000, First Time Since February, with a 24-hour Gain of 8.8%

On July 11th, based on HTX market data, ETH rose above $3000. This is the first time since February of this year. It witnessed a 24-hour increase of 8.8%.

2 minutes ago

If Bitcoin breaks $114,000, the mainstream CEX cumulative short liquidation pressure will reach $956 million

On July 11th, according to Coinglass data, in the event that Bitcoin breaks through $114,000, the total short liquidation intensity on mainstream CEXs will reach $956 million. Conversely, if Bitcoin drops below $110,000, the total long liquidation intensity on mainstream CEXs will reach $2.4 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the intensity.

2 minutes ago

Trader AguilaTrades increased his Bitcoin long position by 20x to $340 million, with a realized profit of over $12.9 million.

On July 11th, as per the monitoring of OnchainLens, trader AguilaTrades has augmented his Bitcoin long position to a leverage of over 20 times on Hyperliquid. He holds 3,000 BTC, which is valued at $340 million, and has achieved a profit of more than $12.9 million. The opening price was $109,000.3, and the liquidation price was $108,422.85.

2 minutes ago

Bitcoin Hits New All-Time High, Surpasses $113,000 for the First Time

On July 11th, according to HTX market data, Bitcoin reached another all-time high, exceeding $113,000. It is currently trading at $113,041, indicating a 24-hour increase of 3.3%.

2 minutes ago

Texture: Hacker Returns 90% of Stolen Funds

On July 11th, Texture officially announced on the X platform that approximately two hours ago, the hacker had returned 90% of the stolen funds. The team had previously offered a 10% "gray hat bounty," which was now claimed. Texture stated that there would be no further legal actions. Previously, on July 9th, Texture encountered a security vulnerability, leading to the theft of approximately 2.2 million USDC from users.

2 minutes ago

Jupiter Mobile will launch v3 in the third quarter

July 11th. According to official information, Jupiter Mobile is scheduled to launch Version 3 in the third quarter.

2 minutes ago