Tag: 10M

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

FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours

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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…

Fireblocks acquires Australian defi startup BlockFold for $10m

Blockchain company Fireblocks, which is backed by Sequoia Capital, has acquired Melbourne-based decentralized finance (defi) startup BlockFold for a reported $10 million. This acquisition will allow Fireblocks to expand its services beyond custody services. Neither Fireblocks nor BlockFold has made any public statements regarding the deal. BlockFold, founded in 2022, provides smart contract development, auditing, advisory, testing, and security services for defi and non-fungible token projects. Its clients include OpenSea, Hedera Hashgraph, OpenZeppelin, among others.  This acquisition comes shortly after Fireblocks launched its non-custodial wallet-as-a-service for businesses across various sectors.  The wallet…

FTX wallet shifts $10M in crypto, sparking fear of token dumps to come

A wallet owned by bankrupt crypto exchange FTX has moved $10 million worth of digital assets from the Solana (SOL) network to Ethereum, sparking concerns it could be the beginning of a series of token dumps amid the exchange’s bankruptcy proceedings.  According to data from blockchain analytics platform Arkham Intelligence, since Aug. 31, the FTX wallet has transferred $6.23 million worth of Ether (ETH) and more than $4 million in altcoins. These included $1.2 million of FTX Token (FTT), $1.8 million worth of Uniswap (UNI), $1.3 million of HXRO (HXRO),…

Iris Energy diversifies into AI with $10m Nvidia GPU purchase 

Iris Energy invests $10 million in 248 Nvidia H100 GPUs to expand into generative AI alongside its existing focus on Bitcoin (BTC) mining. The company expects the 248 GPUs to be delivered in the coming months and aims to utilize them in cloud computing opportunities. Daniel Roberts, co-founder and co-CEO of Iris Energy, stated that the company aims to use its existing data centers to meet the burgeoning demand for generative AI computing. “We believe demand for sustainable computing is unlikely to go away, and feel we are uniquely positioned…

Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining

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Nasdaq-listed Iris Energy has bought 248 state of the art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative AI in addition to its core business focus on Bitcoin mining. The firm expects to receive delivery of the 248 GPUs in the coming months and plans to deploy the hardware to serve opportunities in cloud computing. Iris Energy co-founder and co-CEO Daniel Roberts said the company was looking to leverage its existing data centers into serving generative AI computing requirements. “We believe demand for sustainable…

1inch Investment Fund buys $10m worth of Ethereum

1inch Investment Fund has purchased 6,088 ETH for $10 million, taking advantage of the Ethereum price dip. 1inch stacks up more ETH In a move that’s caught the crypto community’s attention, the 1inch Investment Fund recently acquired 6,088 Ethereum (ETH) for a whopping $10 million, according to blockchain analytics platform Lookonchain.   The purchase was made at a price of $1,655 per Ether, bolstering the fund’s holdings and revealing their confidence in the token’s future price move despite the ongoing crypto winter. The researchers also revealed that the investment fund purchased…