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Ankr(ANKR)

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$0.021224
(1.86%)
0.00000123 BTC
Market Cap (Rank#136)
$205,083,357
11,895 BTC
Vol 24h
$5,386,131
312.407 BTC
Circulating Supply
9,662,899,377.79
Max Supply
10,000,000,000
3h agocointelegraph
Kevin O'Leary lost the $15M he was paid to be FTX's spokesperson
Kevin O’Leary fessed up to making a massive mistake with FTX, and is working to find out where his money went amid the bankruptcy.
10h agocointelegraph
SEC calls on firms to disclose exposure to crypto bankruptcies and risks
The Securities and Exchange Commission corporate finance division reminded companies of what they are required to disclose and provided guidance to what else they want to know.
11h agocryptopotato
Here’s How Much Kevin O’Leary Got Paid to Promote FTX
O’Leary was a paid spokesperson for FTX. How much was he given to advertising the bankrupt exchange?
18h agocoindesk
FTX Bankruptcy Managers Hire Forensic Investigators AlixPartners: WSJ
The team, led by former SEC accountant Matt Jacques, is tasked with tracking billions of dollars that disappeared from FTX.
19h agocryptodaily
Celsius Ordered To Return $44M To Users
A United States court has ordered the bankrupt crypto company Celsius to refund its customers with crypto assets worth $44 million. Judge Orders Crypto Returns The crypto lender, which announced its bankruptcy in July 2022, has been ordered by the Chief Bankruptcy Judge Martin Glenn to return millions of dollars of crypto funds to its users. The firm has been directed to refund its users the crypto assets worth $44 dollars in September. During the ruling, Judge Glenn reportedly stated, “I want this case to move forward. I want creditors to recover as much as they possibly can as soon as they possibly can.” In other news, the company has successfully appealed to the court to extend its exclusivity period till February 15, 2023, by which it has the monopoly to submit the company reorganization plans under the Chapter 11 guidelines. At the time of bankruptcy filing, the Celsius team had announced that its liabilities were between $1 billion and $10 billion, with over 100,000 creditors. Escrow Funds Belong To Customers A report claimed that Celsius held over $200 million in assets in escrow. However, the firm reportedly moved most of these funds (around $200,000) from interest-bearing to escrow accounts shortly before the bankruptcy filing. According to the preferential transfer rules, this could have given them the option to claim ownership of the funds in the custody accounts. However, now according to the court order, the funds held in escrow accounts must also be returned to the customers, even if they did not enter the company’s interest-bearing accounts. The court order came after Celsius advisors and stakeholders determined that the funds held in the custody accounts belonged to the customers, not Celsius. Executives More Eager To Fill Own Pockets There has been quite some uncertainty regarding the funds held by Celsius, even after its bankruptcy filing. Several high-level executives were accused of filling their pockets instead of thinking about the community. Ex-CEO Alex Mashinsky has been a chief target of these allegations. In early October, reports broke that Mashinsky had withdrawn $10 million from the platform. Immediately after, Celsius froze all user accounts and transactions while still claiming that user funds were safe. Two other top executives were accused of allegedly stealing user funds a couple of days after this news broke. Former CSO Daniel Leon and CTO Nuke Goldstein reportedly withdrew $56 million along with Mashinsky just before the company filed for bankruptcy. The fact that all three top executives had put their own interests before the community has been a point of contention for the community and has led to a general feeling of ill will, especially towards the disgraced former CEO himself. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
20h agocoindesk
2022 – Crypto Markets: A Year in Review
2022 has been a difficult year for cryptocurrency. Coming off euphoric highs from the year before, the crypto market has endured an environment of tightening monetary policy, which led to sell-offs, implosions of new projects like TerraLuna, bankruptcies of CeFi companies like Celsius and Voyager Digital and a climactic downfall of the FTX exchange.
21h agocryptodaily
Signature Bank Moving Away From Crypto? Crypto Daily TV 8/12/2022
In Todays Headline TV CryptoDaily News: Signature Bank to reduce crypto-tied deposits by as much as $10 billion. Signature Bank will shrink its deposits tied to cryptocurrencies by $8 billion to $10 billion, signaling a move away from the digital asset industry for the bank that until recently had been one of the most crypto-friendly companies on Wall Street. Early bitcoin pioneer Ian Freeman goes to trial in New Hampshire. Federal prosecutors say early bitcoin pioneer and Libertarian activist Ian Freeman and a group of his associates helped scammers and other criminals launder more than $10 million using bitcoin through a network of bitcoin vending machines and in-person and virtual cash-for-bitcoin trades from 2016 until their arrests in 2021. Marathon to recover less than half of the deposit from Compute North. Marathon Digital, one of the largest publicly traded bitcoin miners, expects to recover only $22 million of the $50 million it deposited with bankrupt bitcoin miner and data center provider Compute North. BTC/USD dove 1.4% in the last session. The Bitcoin-Dollar pair plummeted 1.4% in the last session. The Stochastic indicator gives a negative signal, which matches our overall technical analysis. Support is at 16848.6667, and resistance is at 17232.6667. The Stochastic indicator is giving a negative signal. ETH/USD plummeted 3.3% in the last session. The Ethereum-Dollar pair dove 3.3% in the last session. The RSI is giving a negative signal. Support is at 1232.7567, and resistance is at 1293.2367. The RSI is currently in the negative zone. XRP/USD plummeted 2.2% in the last session. The Ripple-Dollar pair plummeted 2.2% in the last session. The Stochastic indicator is giving a negative signal. Support is at 0.3766, and resistance is at 0.3997. The Stochastic indicator is giving a negative signal. LTC/USD plummeted 3.9% in the last session. The Litecoin-Dollar pair dove 3.9% in the last session. The ROC gives a negative signal. Support is at 75.9133, and resistance is at 83.6733. The ROC gives a negative signal. Daily Economic Calendar: US Continuing Jobless Claims The Counting Jobless Claims measures the number of individuals who are unemployed and are currently receiving unemployment benefits. The US Continuing Jobless Claims will be released at 13:30 GMT, Japan's Eco Watchers Survey: Outlook at 05:00 GMT, and the UK's RICS Housing Price Balance at 00:01 GMT. JP Eco Watchers Survey: Outlook The Eco Watchers Survey closely monitors regional economic trends. The survey is considered basic material for assessing short-term economic trends. UK RICS Housing Price Balance The RICS Housing Price Balance survey presents housing costs. It shows the strength of the housing market. NL Consumer Price Index The Consumer Price Index measures price movements by comparing the retail prices of a representative shopping basket of goods and services. The Dutch Consumer Price Index will be released at 05:30 GMT, Australia's Exports at 00:30 GMT, and Australia's Trade Balance at 00:30 GMT. AU Exports The Exports measure the local economy's total exports of goods and services. Steady demand for exports helps to support growth in the trade surplus. AU Trade Balance The Trade Balance is the total difference between exports and imports of goods and services. A positive value shows a trade surplus, while a negative value represents a trade deficit. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocryptodaily
Ankr Deploys $15M to Buy Back Bad Debt Following Exploit
Blockchain infrastructure platform Ankr has announced that it would be allocating $15 million to cover the bad debt as a result of its recent exploit. Ankr To Buy Back Bad Debt Blockchain infrastructure platform Ankr has announced that it is planning on allocating $15 million to buy back the bad debt which resulted from its recent exploit and the subsequent over-circulation of HAY tokens. The HAY stablecoin, a stablecoin pegged to the US Dollar issued by the stablecoin protocol Helio, lost its peg due to the hack. Helio added that it had bought back around $3 million of bad debt in HAY from the open markets. The Ankr Exploit A series of seemingly unrelated incidents resulted in the bad debt and the subsequent de-pegging of the HAY stablecoin. On the 2nd of December, a hacker could manipulate certain vulnerabilities in the Ankr protocol’s smart code, compromising several private keys after a technical upgrade carried out by the Ankr team. As a result of the exploit, the hacker was able to mint 20 trillion Ankr Reward Bearing Staked BNB (aBNBc), pegged to the BNB token. The hacker then dumped these tokens, leading to aBNBc’s price crumbling from around $300 to less than $2. In an analysis of the exploit, Ankr added, “Our analysis shows the $aBNBc token contract has an unlimited mint bug. Specifically, while mint() is protected with onlyMinter modifier, there is another function (w/ 0x3b3a5522 func. signature) that completely bypasses the caller verification to have arbitrary mint !!!” Trader Takes Advantage After the exploit, a trader could take advantage of an alleged hard-coding of pegged prices between aBNBc and BNB on the Helio protocol. As a result, the trader was able to purchase 183,885 aBNBc using just 10 BNB. The trader then used the purchased aBNBc tokens as collateral, borrowing 16 million HAY stablecoins and then immediately swapping them for 15.5 million Binance USD (BUSD). This allowed them to earn a staggering 5209x profit on their original capital. HAY Stablecoin Loses Peg As a result, the HAY stablecoin lost its peg to the dollar, crashing to a low of $0.20. However, the stablecoin recovered most of its losses and is currently trading at $0.95, according to data from CoinMarketCap. After the incident, the Helio team issued a statement that they would be repurchasing the excess HAY tokens in circulation and sending them to a burn address. In a Twitter update, Helio stated, “Dear Helio #Guardians, the team understands that the past few days have been extremely difficult. As the situation is changing and dynamic, we would like to provide an update on our plan to recover the peg. Firstly, the team has already started our peg recovery process for $HAY, and this process is expected to be completed by Tuesday, the 6th of December, UTC +4. We expect HAY to be re-pegged, or at the very least, be close to the $1 mark.” Helio Begins Buyback In another update on Twitter issued on the 7th of December, Helio stated that it had already bought back $3 million worth of HAY stablecoins. “We have already kickstarted our HAY recovery process through our first batch of buybacks. ~3M of HAY has already been bought back so far, and the buyback is still in progress. We will share the relevant addresses once our first batch of buybacks has been completed.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocryptopotato
Celsius Ordered to Return $44M of Customer’s Custodied Crypto
A U.S. bankruptcy judge has ordered the Celsius Network to return customers’ cryptocurrency that did not reach its interest-bearing accounts.
1 day agocryptodaily
Subpoenas An Option If SBF Fails To Testify Voluntarily
A game of hide and seek is playing out between Sam Bankman-Fried, the Financial Services Committee, and the Senate Banking Committee. Both committees will be holding hearings to look into the FTX collapse and have asked Bankman-Fried to appear before them. Cat And Mouse The United States Financial Services Committee Chair Maxine Waters has requested that FTX founder Sam Bankman-Fried appear before the Financial Services Committee hearing, set to take place on the 13th of December. The former FTX CEO is being requested to testify at two separate congressional hearings. Waters first requested Bankman-Fried to appear before the committee for the inquiry through a Twitter post on the 3rd of December. However, Sam Bankman-Fried rejected Waters’s invitation, stating that he would only appear before the committee once he had finished learning, understanding, and reviewing how the events leading up to the FTX collapse played out. He added that he was not sure this process would be completed before next week’s hearing. “Rep. Waters and the House Committee on Financial Services: Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain. I’m not sure that will happen by the 13th. But when it does, I will testify.” This was despite SBF appearing in multiple interviews and discussions on several media channels. Financial Services Committee Chair Pushes Back Waters pushed back against Bankman-Fried and his excuses citing his media reports, stating that the knowledge he has shown in these interviews is “sufficient for testimony.” Waters added that he needed to appear for the hearing, stating that the committee was willing to schedule continued hearings if there was more information he could share later. The Subpoena Option Waters refuted news reports suggesting that she was unwilling to subpoena Bankman-Fried at the upcoming December 13th hearing because she wanted him to testify voluntarily. The Financial Services Committee Chair called these reports lies and confirmed that a subpoena was an option to force Bankman-Fried to testify before the committee. “Lies are circulating @CNBC that I am not willing to subpoena @SBF_FTX. He has been requested to testify at the 13th of December hearing. A subpoena is definitely on the table. Stay tuned.” If a subpoena is issued, Bankman-Fried will be compelled to appear and testify at the hearing. Failure to comply with the subpoena would result in him being held in contempt of Congress, a criminal offense that carries a punishment of 12 months in prison and a fine of $100,000. The 13th of December hearing, titled “Investigating the Collapse of FTX,” is just one of a series of similar hearings that will be held to probe the collapse of the FTX. The hearings will see companies and individuals involved with FTX, Alameda Research, and Binance appear before it. A Second Subpoena? Apart from the Financial Services Committee, The Senate Banking Committee also wants Sam Bankman-Fried to appear before it to discuss the FTX collapse. The committee is firm that it would be issuing SBF a subpoena if he does not appear before it voluntarily. Senators Sherrod Brown (D-Ohio) and Pat Toomey (R-Pa) had written a public letter to Bankman-Fried, who had resigned from the exchange after it filed for bankruptcy. The committee will be holding a hearing on the 14th of December, just a day after the House Financial Services Committee’s hearing. In a prepared statement, Senator Brown and Senator Toomey stated, “FTX’s collapse has caused real financial harm to consumers, and effects have spilled over into other parts of the crypto industry. The American people need answers about Sam Bankman-Fried’s misconduct at FTX. The Committee has requested that he testify at our upcoming hearing on FTX’s collapse and will consider further action if he does not comply. You must answer for the failure of both entities that was caused, at least in part, by the clear misuse of client funds and wiped out billions of dollars owed to over a million creditors.” Crypto Community Calls Out SBF Many in the community called out , stating that his actions contradicted his recent conduct. He has been conducting multiple interviews and tweeting furiously about what led to the FTX debacle. Head of policy for Blockchain Association and US Attorney Jake Chervinsky suggested that Bankman-Fried was reluctant to participate in the hearings because “lying to Congress under oath is less appealing.” “Translation: he doesn’t mind lying to Andrew Ross Sorkin or George Stephanopoulos, but lying to Congress under oath is less appealing.” Coinbase CEO Brian Armstrong echoed similar sentiments, stating, “I don’t care how messy your accounting is (or how rich you are) - you’re definitely going to notice if you find an extra $8B to spend. Even the most gullible person should not believe Sam’s claim that this was an accounting error.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocoindesk
Crypto Lender Celsius' Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg
Celsius filed a motion in September to return crypto to customers who held assets in such accounts.
1 day agocointelegraph
Bankruptcy judge orders $44M in crypto to be returned to Celsius customers
The funds are made up crypto held within custody accounts on Celsius that had not been transferred from earn accounts.
1 day agocryptopotato
3AC Co-Founders Su Zhu, Kyle Davies Subpoenaed in Bankruptcy Case
Both Zhu and Davies' locations also remained unclear. It is speculated that they currently reside in Dubai and Bali, respectively.
1 day agocoindesk
First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings
Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much.
1 day agocointelegraph
Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report
Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady, and NBA point guard Stephen Curry promoted FTX.
1 day agocointelegraph
Ankr deploys $15M to make whole users as Helio stablecoin recovers after exploit
Helio protocol had a total value locked of approx. $90 million before the incident.
1 day agocoindesk
Three Arrow Capital's Zhu, Davies Subpoenaed in US Bankruptcy Case
The New York Bankruptcy Court wants to gain information about the collapsed crypto hedge fund’s founders and investment managers
2 days agocointelegraph
3AC subpoenas issued as dispute grows over claims of Terraform dump
The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated.
2 days agocoindesk
Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North
The miner paid $50 million initially, $8 million of which was written off and only about half of the rest are expected to be recovered.
2 days agocoindesk
Sam Bankman-Fried Hires Mark Cohen as His Attorney: Reuters
The former head of the now-bankrupt crypto exchange, Bankman-Fried has yet to be charged with any crimes.
2 days agocryptodaily
U.S. FTC Begins Probe on Crypto Ad Misconduct
The United States Federal Trade Commission (FTC) has begun a probe on a number of crypto firms on the matter of possible ad misconduct for public materials which may have misrepresented facts and claims about cryptocurrencies and digital assets. According to a report from Bloomberg, FTC spokeswoman Juliana Gruenwald has disclosed that the financial regulator has indeed begun an investigation that involves several crypto firms "for possible misconduct concerning digital assets." No further detail has been provided by the spokesperson, and no specific crypto firm has been named as a subject of the investigation. It is likely, though, that the investigations have been spurred by the recent controversies and current legal proceedings being done towards FTX, a now-bankrupt crypto exchange which has been mired with internal conflicts for its management, as well as being the subject of regulatory difficulties for failing to disclose full details of its operations. Recent misleading advertising materials and paid promotions in the crypto space have been the subject of crypto investor backlash, and of course the prying eye of U.S. financial regulators such as the FTC. Most recently, Kim Kardashian, a celebrity entrepreneur, was served with a fine by the U.S. Securities and Exchange Commission over her actions on social media promoting EthereumMax ($EMAX), a crypto token project. Kardashian, an influencer, was paid to promote the token, but she failed to disclose such a transaction. A similar vein of investigation was also began by the FTC concerning two athletes, NFL star Tom Brady and NBA great Stephen Curry. This is in relation to their involvement with the promotion of FTX in 2022. The FTC is not alone in this initiative, though, as it has been reported by CryptoDaily. In mid-2021, the U.K. Advertising Standards Authority flagged crypto ads, and later issued an enforcement notice to at least 50 firms advertising crypto or working alongside crypto firms as agencies to produce advertising materials. A similar initiative was also done by Truth in Advertising, a U.S.-based consumer rights group which called out celebrities such as Floyd Mayweather, rappers Eminem and Snoop Dogg. These probes and the intent they are pushed forward from are nothing new, with financial regulators now wary in the aftermath of 2018's ICO scam wave. The SEC, in particular, even issued a notice dating back to 2017, in which it warned the public of celebrity investments, crypto or otherwise. "Investors should note that celebrity endorsements may appear unbiased, but instead may be part of a paid promotion. Investment decisions should not be based solely on an endorsement by a promoter or other individual," the SEC said. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2 days agocoindesk
Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday.
2 days agocointelegraph
Court sets new deadline for Celsius restructuring plan
Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14.
3 days agocoindesk
Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy
"Because of the size of this year's scandals and their far-reaching impacts, a lot of investors aren't moving to BTC because they're just leaving the space entirely," one expert said.

About Ankr

The live price of Ankr (ANKR) today is 0.021224 USD, and with the current circulating supply of Ankr at 9,662,899,377.79 ANKR, its market capitalization stands at 205,083,357 USD. In the last 24 hours ANKR price has moved 0.000303 USD or 0.01% while 5,171,840 USD worth of ANKR has been traded on various exchanges. The current valuation of ANKR puts it at #136 in cryptocurrency rankings based on market capitalization.

Learn more about the Ankr blockchain network and how it works or follow the price of its native cryptocurrency ANKR and the broader market with our unique COIN360 cryptocurrency heatmap.

Founded in 2017 by UC Berkeley graduates Chandler Song and Ryan Fang, Ankr Network is a decentralized Web 3.0 infrastructure provider for an array of blockchains. Ankr aims to streamline interaction with blockchain for builders, DApps and retail users. 

The Ankr network’s mainnet was launched in 2019 as a decentralized cloud computing platform. With more than $18 million raised back in the ICO era, Ankr was building a decentralized version of centralized cloud services like AWS or Azure.

Ankr later pivoted its business model in response to the rising popularity of PoS blockchains and cross-chain solutions. The project reinvented itself as a SaaS multi-chain infrastructure provider for B2B and B2C markets. 

Ankr’s suite of tools for Web 3.0 developers features node infrastructure and custom enterprise services. Ankr also offers APIs and RPCs on a subscription basis to simplify DApp creation for Web 3.0 companies. For DeFi users, Ankr built a liquid staking platform similar to that of LidoDAO for Ethereum 2.0 and other proof-of-stake (PoS) blockchains. 

ANKR price

According to our ANKR USD live price chart, ANKR price was range-bound between $3 to just over $6 in between April 2019 and March 2021. The price of ANKR saw a major rally in February 2021 when it surged from $0.0108 on February 1 to a local high of $0.0811 on March 13. 

ANKR price then saw another sharp price increase, climbing to a new all-time high of $0.216 by March 28. The token gained more than 100% from its previous peak just two weeks earlier before paring some of the gains.

The price of ANKR rallied again in November 2021, touching the $0.21 level, just under the previous ATH, but failed to sustain the upward momentum.

Since then, however, ANKR has been in a downtrend, along with the broader crypto market, and traded under $0.03 in Q2 2022.

How ANKR works

ANKR is the utility token of the Ankr Network, issued on the Ethereum platform. Ankr Network is not a blockchain, and its ANKR token is different from native coins of blockchain networks such as Ethereum or Solana. ANKR token facilitates activity on the network and serves as payment method for the broad product suite of the Ankr Web3 software company. 

While the primary role of the ANKR is a medium for exchange, it is also used for governance of the Ankr staking system. However, the governance rights are limited to staking, so token holders can’t propose or vote for changes of the network itself. 

Ankr offers products across three verticals, including node infrastructure services, API and RPC endpoints, and a liquid staking solution. 

Deploying a node on a Proof-of-Stake blockchain is one of the popular ways to earn passive income in the crypto market. Yet, setting up and running a node is usually complicated, in terms of technical knowledge and skills alongside requirements for hardware. Ankr simplifies node setup work with its marketplace, where users can choose the blockchain and start running a node in a few clicks in return for a monthly fee paid in ANKR. With Ankr’s decentralized node infrastructure users can deploy nodes on 27 Proof-of-Stake (PoS) blockchains, including Bitcoin, NEAR and Tezos. 

Ankr also makes it easier for developers to access data from different blockchains. Using Ankr’s APIs and RPCs DApp developers can query data from major blockchains like Ethereum, Binance Chain and Polygon without the need to run their own nodes and study documentation of each specific network. Ankr switched to the pay-as-you-go model in June 2022, now offering more flexibility to its community of developers. 

Ankr’s solution for stakers is akin to LidoDAO’s liquid staking platform for Ethereum and other PoS chains. With Ankr’s Staking infrastructure individuals and businesses can stake their tokens with no lockup period and with no minimum staking requirements (for example, one would need 32 ETH to become a validator for Ethereum 2.0 vs 0.5 ETH with Ankr’s StakeFi solution). 

As such, Ethereum stakers receive aETHc - a synthetic token issued by Ankr which represents the value of their staked ETH. It also acts as a reward incentive token that reflects the value of future staking rewards and appreciates over time. 

Since users pay fees for Ankr’s services with ANKR, the price of ANKR appears to be tied to the demand for its tools. The token supply is capped at 10 billion ANKR coins, with an initial token supply of 4 billion coins, and another 6 billion to be distributed between August 2019 and August 2022. 

ANKR news, updates and highlights

The Ankr Network started as a decentralized computing platform looking to monetize idle computing resources at data centers and individual devices. This niche turned out to be a crowded one with several platforms such as Golem Network, IExec and Akash Network offering similar solutions, and besides saw limited user adoption. 

Since then, Ankr successfully pivoted to target PoS solutions and evolved from a platform with one major use case to a multi-chain Infrastructure-as-a-Service provider. The team is constantly improving the service suite, adding more blockchains into each vertical and launching new products, with Ankr Scan, a multi-chain block explorer, being one of the recent add-ons to the platform.  

Ankr announced partnerships with TRON and IoTeX, and in March 2022, Ankr also launched a gaming SDK to help developers bring games on blockchain seamlessly. 

More recently, Ankr launched an ambassador program in June 2022, looking to increase awareness and improve community engagement. 

Frequently asked questions about ANKR

  • Can you mine or stake ANKR cryptocurrency?

While ANKR tokens can’t be mined, they can be staked. Users can stake their ANKR holdings to secure the network and earn rewards, a model similar to that of PoS blockchains.

  • What are some of the best ANKR wallets?

You can store and manage your ANKR tokens in wallets such as Freewallet and Lumi Wallet. 

  • What can you do with ANKR?

ANKR is a multi-functional token of the Ankr Network. It facilitates activity on the network and is used to pay fees to access Ankr’s infrastructure services. It can also be staked to help secure the network and receive rewards. ANKR tokens can be also used in the network governance to propose and vote for changes to the Ankr staking system. 

  • How can you buy ANKR?

You can buy ANKR by exchanging your BTC or USDT holdings on an exchange such as Binance, Kucoin and MEXC. You may also use fiat currency to buy ANKR on established crypto exchanges

Ankr Price0.021224 USD
Market Rank#136
Market Cap205,083,357 USD
24h Volume5,386,131 USD
Circulating Supply9,662,899,377.79 ANKR
Max Supply10,000,000,000 ANKR
Yesterday's Market Cap203,678,000 USD
Yesterday's Open / Close0.020775 USD / 0.021078 USD
Yesterday's High / Low0.021094 USD / 0.020672 USD
Yesterday's Change
0.01% ( 0.000303 USD )
Yesterday's Volume5,171,839.50 USD
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