Asset Manager Jupiter’s Crypto Investment Scrapped by Compliance Team: FT
The firm’s Gold & Silver fund made a $2.58 million investment in an XRP ETP, which was later cancelled.
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Jupiter
The firm’s Gold & Silver fund made a $2.58 million investment in an XRP ETP, which was later cancelled.
One of the most-anticipated airdrops faced social media ire over its novel token distribution plan.
Validators called the airdrop a success. “Surprisingly, nothing notable” broke, one operator said.
The JUP-USD perpetual traded at 65 cents on Aevo at press time, implying a market capitalization of $700 million at the inception.
The burn turned out to be a “sell the news event” as traders had already accounted for the purge – and then some.
The decentralized exchange settled over $500 million in trades on Sunday, briefly becoming the biggest DEX platform.
The Solana-based trading aggregator will test the longevity of the Solana frenzy.