First Mover Americas: The Graph’s GRT Soars 92% in 7 Days

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First Mover Americas: The Graph’s GRT Soars 92% in 7 Days
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Indexing Protocol GRT has soared over 90% in the last seven days. LedesmaLyllah reports

GRT token surpassed a $1 billion market capitalization again on Sunday, according to data from CoinMarketCap. The spike reflects the platform’s significant ecosystem growth in 2022, particularly during the fourth quarter.

The token began to climb at the beginning of 2023 after plummeting in the second half of 2022, and is now trading at around $0.17, up 94% over the last seven days. GRT in 2021 had risen above $5 billion in market value before spiraling lower as the wider crypto market started tumbling late that year., the company confirmed to CoinDesk on Monday."We are temporarily suspending USD bank transfers as of February 8th," a Binance spokesperson said, noting just 0.01% of monthly active users use USD bank transfers."Affected customers are being notified directly.

Statistica Capital, an algorithmic trading firm, claims the bank"had actual knowledge of and substantially facilitated the now-infamous FTX fraud," according to a filing in the U.S. District Court for the Southern District of New York."In particular, Signature knew of and permitted the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet.

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