🪙 Crypto and Blockchain News (January 29, 2024):
1️⃣ Lookonchain: Seizing the heightened buzz around the #WEN meme coin, a trader earned approximately $1.6 million in just 14 hours. Analysts at LookOnChain revealed that the trader purchased 20 billion WEN for $125,500. Subsequently, he sold 12.5 billion tokens for $807,000, securing an impressive profit of $682,000. 🚀
2️⃣ Flipside: In 2023, the #Polygon project recorded 15.24 million new user accounts, slightly surpassing Ethereum's 15.4 million. The definition of new users includes wallets that conducted at least two transactions on a specific blockchain. 📈
3️⃣ OKX: Starting January 26, the cryptocurrency exchange #OKX will cease new user registrations in its mining pool. Simultaneously, the trading platform will close all affiliated services. Existing pool participants can utilize it until February 25. 🛑
4️⃣ Deadline: #Amazon MGM Studios has initiated the production of the artistic film "Razzlekhan," narrating the story of the 2016 hack of the Bitfinex cryptocurrency exchange, involving 120,000 BTC. 🎥
5️⃣ Swan Media: Swan Bitcoin, a company focused on Bitcoin-related financial services, announced that its stealth-launched mining venture in the summer of 2023 has successfully mined 750 BTC. The firm declared the public debut of its new business and its reorganization into the Swan Institutional structure. ⛏️
👉 If you find our channel valuable, please hit the like button!