Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish, a cryptocurrency exchange, which in turn is owned by Block.one, a firm with interests in a variety of blockchain and digital asset businesses and significant…
Tag: 10M
Colony Lab to Invest $10M to Support AVAX Crypto Ecosystem, Avalanche Blockchain
“As we channel a $10 million investment into the Avalanche ecosystem, we’re not just growing Colony Lab – we’re fostering the long-term potential of AVAX,” CEO Elie Le Rest said in a message to CoinDesk. “Avalanche understands that real blockchain growth comes from expanding its use cases, and its technology reflects this vision by creating a more inclusive and customizable blockchain landscape. We’re thrilled to align with Avalanche’s vision, and we’re fully dedicated to sharing the rewards of our strategic move with our community.” Source
FBI Arrests Trio Accused of Bilking U.S. Banks Out of $10M, Converting Funds to Crypto
Each of the accused men has been arrested by the Federal Bureau of Investigation and faces four criminal charges in U.S. District Court for the Southern District of New York: bank fraud conspiracy, conspiracy to commit wire fraud affecting a financial institution, money laundering conspiracy and aggravated identity theft. The maximum sentence for all the charges combined could amount to nearly 100 years, the release shows. Source
VersiFi hires ex-Genesis exec and secures $10m to revamp crypto lending
VersiFi appoints former Genesis executive Martin Garcia as co-CEO and secures $10 million in funding to drive crypto lending services. VersiFi, a New York-based digital asset prime brokerage, has announced the appointment of former Genesis Global executive Martin Garcia as its new co-CEO. This strategic move comes as the company looks to expand its lending and trading services, with Garcia set to lead this initiative. VersiFi also secured $10 million in funding from the Wall Street investment entity Hunting Hill Global Capital. In an interview with Bloomberg, Garcia expressed optimism…
OpenAI Attracts Google Researchers by Offering Massive $10M Package
Despite the market slowdown, OpenAI continues with aggressive hiring by strategically leveraging the growing interest in AI technology. OpenAI is said to be presenting substantial compensation packages, reaching as high as $10 million, to entice top researchers away from Google, as per a report from The Information. This marks OpenAI’s ongoing efforts to recruit talent from Google’s ranks, with a focus on senior researchers in Google’s AI teams. The proposed annual compensation, largely in the form of stock, is reportedly in the range of $5 million to $10 million. OpenAI…
Blur token skyrockets as NFT sales surpass the $10m mark
The Blur (BLUR) token price gained bullish momentum for the first time in over four months as the marketplace saw a notable surge in non-fungible token (NFT) sales. Blur is up by 30% in the past 24 hours and is trading at $0.39 at the time of writing, reaching a four-month high. The asset’s market cap is currently at $414 million, last seen in late July. BLUR’s 24-hour trading volume also skyrocketed by 400%, surpassing the $460 million mark. BLUR price, whale activity, social volume, and open interest – Nov.…
Floki Inu in $10M TokenFi (TOKEN) Dispute With Bitget
Floki responded with a post on X, formerly Twitter, in which it says Bitget listed the token without permission and ultimately listed a fake version of TOKEN twelve minutes before it had been issued. Floki also said that Bitget facilitated tens of millions of dollars of trading volume without having a single token in their wallet. As the value of TOKEN went up, Floki claimed, Bitget created a $10 million hole as it didn’t hold the underlying asset. Source
Memeland, a Web3 Project Built by 9GAG's Team, Secures $10M Minutes After Going Live
The Web3 venture lab is built by team members who previously worked on 9GAG, an immensely popular meme site. Source
FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours
Wallets linked to bankrupt crypto firms Alameda Research and FTX transferred over $10 million worth of cryptocurrency to exchange deposit accounts in five hours on October 24-25, according to data from blockchain analytics platform Spot On Chain. The movement of these funds may indicate that the firms plan to sell some assets to pay back creditors. #FTX and #Alameda related addresses are depositing tokens to exchanges! Via address 0xde9, #FTX 0x97f and #Alameda 0xf02 have transferred 2,904 $ETH ($5.21M)1,341 $MKR ($2.01M)11,975 $AAVE ($1.02M)198,807 $LINK ($2.27M) to #Binance and #Coinbase in the…
FTX, Alameda addresses move $10m to exchanges
FTX and its sister platform, Alameda Research, have recently transferred $10 million worth of crypto assets to Coinbase, Binance and Wintermute. These transfers came from three addresses associated with FTX and Alameda, with the funds consolidated into one central address. The movements have triggered speculation of an impending selloff amid FTX founder Sam Bankman-Fried’s criminal trial in a United States court. Notably, an FTX-affiliated address sent 2,904 Ether (ETH) worth $5.14 million to the central address, according to security firm PeckShield. On-chain data confirms that this transaction occurred yesterday at…