Lookonchain APP

App Store

Tensor Foundation Announces Acquisition of Tensor Marketplace and Tensorians NFT, Sparking Insider Trading Concerns

1 hours ago

November 21st. The Solana NFT marketplace Tensor Foundation announced half an hour ago that it had acquired Tensor Marketplace and the Tensorians NFT series from Tensor Labs. The foundation will take ownership and operate the official marketplace user interface built on Tensor Protocols. 100% of the Tensor Marketplace fees will now go to the TNSR treasury (previously 50%), and all unreleased tokens belonging to Labs and founders (21.6% of the supply) will be burned today. Tokens previously locked by the founders will be relocked for an additional 3 years. SolanaFloor stated that two days prior to this announcement, the TNSR token price surged, raising questions about potential insider trading.
Relevant content

Michael Saylor Responds to MSC Potentially Removing Strategy: Index Categorization Does Not Define Us

On November 21st, Michael Saylor gave a response regarding the risk that the global financial index company MSCI might remove Strategy (MSTR) from its stock index. Strategy is not a fund, nor a trust, nor a holding company. It is a publicly traded operating company with a software business worth $500 million. At the same time, it is implementing a unique treasury strategy by using Bitcoin as productive capital. This year, it has already completed five public issuances of digital debt securities, namely STRK, STRF, STRD, $TRC, and STRE, with a total notional value exceeding $7.7 billion. It has also launched Stretch (STRC), a revolutionary Bitcoin-backed treasury credit instrument, which provides variable monthly US dollar yield to institutional and retail investors. In contrast, funds and trusts merely passively hold assets. Strategy is the creator, structurer, issuer, and operator. The team is building a new type of enterprise - a Bitcoin-backed structured finance company, which is c

12 minutes ago

Trust Wallet has announced the "Gas Sponsorship" feature, which has sponsored over $1 billion in swap transaction gas fees for users.

On November 21st, according to official information, Trust Wallet has officially declared the "Gas Sponsorship" feature. For users on the BNB Chain and Solana Chain, Trust Wallet will automatically cover their Gas fees. Even if they don't hold the native tokens (BNB, SOL) or have insufficient Gas, this helps users complete transactions smoothly without worrying about transaction failures or the need for additional deposits. Currently, Trust Wallet has sponsored more than $1 billion in Swap transaction volume for users. On the BNB Chain, it supports up to 4 Gas sponsorship transactions per day with no minimum requirement; on the Solana Chain, it supports up to 4 Gas sponsorship transactions per day with a minimum transaction amount of approximately $200. Trust Wallet is a globally leading self-custodial Web3 wallet that supports over 1 million assets on more than 100 blockchains, and has a global download count exceeding 200 million. The introduction of the "Gas Sponsorship" feature i

12 minutes ago

Bitcoin Rebounds, Surges Above $85,000, 24-hour Loss Narrows to 7.1%

On November 21st, according to HTX market data, Bitcoin rebounded and rose above $85,000. The 24-hour loss was narrowed to 7.1%.

12 minutes ago

US Stocks Slightly Up at Open, Crypto-Related Stocks Mixed

On November 21st, the three major U.S. stock indexes opened with a slight increase. The Dow rose by 165 points at the opening. The S&P 500 Index increased by 0.38%, and the Nasdaq rose by 0.47%. U.S. stock crypto concept stocks demonstrated mixed performance, including: Strategy (MSTR) with a decline of 0.34%; Circle (CRCL) down by 0.2%; Coinbase (COIN) up by 0.7%; MARA Holdings (MARA) with a decrease of 0.24%; Riot Platforms (RIOT) down by 1.13%; Bitmine Immersion (BMNR) up by 1.6%; SharpLink Gaming (SBET) down by 2.2%.

12 minutes ago

Tensor Foundation, the developer behind Vector.fun, has been acquired by Coinbase today.

12 minutes ago

Grayscale has transferred approximately 2560 BTC and 8091 ETH to Coinbase Prime

On November 21, according to Arkham's monitoring, Grayscale transferred a total of around 2560 BTC with a value of approximately $214 million and about 8091 ETH with a value of approximately $25 million to Coinbase Prime within nearly 25 minutes.

12 minutes ago