Wintermute Trading has recently removed over eight million ARKM tokens from Binance, increasing their position in the ARKM token by 731%. This positions them as the 10th largest holder of ARKM. Given their involvement with the dox-to-earn platform of Arkham Intelligence, speculation surrounds Wintermute’s intentions with these tokens.
Search Results for: 10T Holdings
Futureverse Secures $54M in Funding: Reshaping Metaverse with Partnerships and AI Innovation
“With an impressive $54 million funding round led by 10T Holdings and Ripple, Futureverse aims to revolutionize the metaverse landscape through advanced AI content generation tools. The company’s partnership with Ripple for redefining metaverse applications adds to their ambition.”
Momentum Capital’s Crypto Leap: Innovative Web3 Ventures or Hindrance to Early-stage Crypto?
“Momentum Capital recently received $10M from BM Fund aimed at expanding their team and investing in early-stage Web3 ventures. Despite market uncertainties, both entities show confidence in the future of crypto, particularly Web3 technologies showcasing inherent value.”
Born Ready: Futureverse’s Leap into Web3 Investment – Embracing Innovation or Inviting Risk?
Co-founders of Futureverse, Shara Senderoff and Aaron McDonald, launched a $50 million initiative, Born Ready, aimed at boosting early stage Web3 and metaverse technology investments. Amidst the excitement, the fund’s feasibility, longevity, and sustainability in the volatile blockchain landscape raises pragmatic questions.
Exploring the $201.4 Million Crypto Funding Boom: Who are the Big Winners?
“Despite a decline in crypto fundraising in June 2023, continuous momentum of investments in the space promises a bright future for crypto innovations and growth. The overall trend indicates venture capitalists’ attention towards crypto remains unhindered, with potential for growth appearing optimistic.”
Futureverse Bags $54M: Pros, Cons and Impact on Bear Market Conditions
“Futureverse, a blend of 11 firms, recently secured $54 million in a Series A round. Involved in AI and blockchain tech, it aims to enhance the metaverse user experience. Despite prevailing bear market conditions, such intersectional projects attract investor optimism, possibly signifying a shift in the digital asset industry.”
Navigating the Bear Market: Broader Perspective for Crypto Success
Veteran trader Dan Tapiero emphasizes the importance of a broader perspective in the crypto space, considering factors beyond BTC and ETH prices. He cites stablecoins, NFTs, and blockchain gaming as areas experiencing tremendous growth and advises traders to make rational judgments unaffected by emotions or news.
Blockworks’ $12M Funding: Savior for Crypto Media or Hurdle in Ethical Reporting?
Blockworks recently secured $12 million in funding to expand its research and data analytics platform, Blockworks Research, valued at $135 million. Despite challenges within the crypto media industry, this investment demonstrates investor confidence in the potential of crypto-focused publications, aiming to provide quality information to the rapidly evolving market.
Crypto Galore: El Salvador’s Bitcoin Education to Binance’s Legal Tussle – the Week in Review
“The week in the crypto world was replete with notable developments from El Salvador’s Bitcoin literacy initiative to security issues identified with Telegram Bots by Certik. Meanwhile, high-profile legal battles and regulatory changes kept the industry on its toes. Despite challenges, tech giants like Sony and PayPal advanced their blockchain and crypto endeavors, emphasizing the market’s enduring dynamism.”
Crypto YouTuber BitBoy Dumps BEN Tokens: Community Shocked and Divided
Popular digital currency YouTuber Ben Armstrong, known as BitBoy Crypto, reportedly dumped all his BEN token holdings just a week after promising to lock them for six months. The selloff is being labeled as a rug pull event, common in the digital currency world, where the token’s value is expected to drop. Despite this, the BEN token maintains a market capitalization of $33.96 million.
IRS Hits FTX With $44 Billion Claims: Trust in Crypto Exchanges Under Fire
The United States Department of Treasury and IRS filed 45 claims amounting to $44 billion against cryptocurrency exchange FTX and its subsidiaries, related to tax liabilities for FTX’s sister company Alameda Research LLC. The recent events question trust in cryptocurrency exchanges, and highlight the importance of understanding the regulatory environment and tax implications for such platforms.
Crypto Lending’s Future: Coinbase Borrow Closure Amid Regulatory Scrutiny
The closure of Coinbase Borrow has raised eyebrows, especially amid increasing regulatory scrutiny. While some question the future of crypto lending services, it’s essential to remember that external factors unrelated to regulatory pressures could have influenced this decision. Time will tell how the industry adapts to evolving regulations.