Tag: 10M

1inch wallet buys $10M in ETH following a $3.7M profit streak in July

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A crypto wallet belonging to the 1inch Investment Fund has bought huge amounts of Ether (ETH) a month after recently cashing out on its dollar-cost averaging (DCA) buys throughout the first quarter of 2023.  Blockchain analysis platform Lookonchain, which follows and posts smart profitable trades, flagged the transaction. According to the firm, the 1inch-affiliated wallet bought a total of 6,088 ETH at the price of $1,655, which means that the company spent over $10 million on the purchase. 1inch Investment Fund wallet spent $10M to buy 6,088 $ETH at $1,655…

Trader Who Bet $10M on Luna’s Collapse Holds 450K MOON Tokens

“After conducting a bit of on-chain analysis, we were able to confirm that this Kraken address is associated with GCR. He sent millions of ETH to it from an ENS that’s confirmed to be his – Ezekielx.eth. He bought 450k MOON at an average price of 40 cents-45 cents,” Jhaveri told CoinDesk, adding that it is unclear when GCR acquired MOON tokens. Source

Binance Labs, CoinFund Lead $10M Round for Smart Contract Infrastructure Firm Neutron

Neutron, which had its mainnet launch in May, is a cross-chain smart contract platform that uses the Cosmos ecosystem’s interchain security feature, Replicated Security (RS). Developers can use Neutron to build smart contracts and decentralized applications (dapps) in a cost-effective and secure environment, the firm said in the statement. Source 10MBinanceCoinFundContractFirmInfrastructureLabsLeadNeutronSmart CryptoX Portal

Sweat Economy DAO votes to repurpose $10M of idle tokens

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Move-to-earn platform Sweat Economy is set to repurpose over 2 billion native $SWEAT tokens that were locked up in inactive user wallets. The tokens, valued at around $10 billion, were locked up in dormant user accounts following a token airdrop event in Sep. 2022. According to the platform, Sweatcoin users that opted into the Web3 move-to-earn’s crypto offering received $SWEAT tokens that were locked up in a 24-month lock-up contract. Users that failed to install the Sweat Wallet over the past year and claim locked tokens essentially left a sizable…

Web3 Gaming Studio Argus Raises $10M Lead By Haun Ventures

“Computer games in the 1980s and ‘90s were building their engine to build their own game … I think we’re at a very similar stage in crypto gaming right now, where if you really want to build great applications for great content, you really need to have this ability to push the envelope yourself,” said Sunarto. “That’s really why we’re this engine infrastructure team and a content game studio built in-house.” Source

Bitcoin ordinals’ creator steps down as inscriptions surpass 10m

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Casey Rodarmor, the person behind bitcoin ordinals, reveals he will step aside from his role, with the platform reaching a milestone of over 10 million user registrations. Casey Rodarmor, the brain behind bitcoin ordinals, took to Twitter today, sharing two significant developments: now there are more than 10 million user registrations on the platform, and his decision to step down from his current role. In the crypto universe, bitcoin ordinals are a tool engineered by Rodarmor,…

Bitcoin Ordinals Surpass 10M Inscriptions amid Strong Demand

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Casey Rodarmor, the creator of the Bitcoin Ordinals project, announced that he’s stepping down as the lead maintainer of the project. He has appointed pseudonymous coder Raphjaph as the next chief of the project. While Bitcoin (BTC) price has been moving sideways over the last few weeks, Bitcoin Ordinals aka the BRC-20 non-fungible tokens residing on the Bitcoin blockchain have gained massive traction. The demand for Bitcoin Ordinals has shot up significantly off-lately and is a major contributor to the gas fees on the Bitcoin blockchain. The total number of…