“We see no concerns surrounding this upcoming unlock, and even if some short-term selling should occur,” Robbie Ferguson, co-founder of Immutable, wrote in an email. “The top 30 IMX holders, representing 85% of the remaining tokens, have committed to holding – many of whom are long-term equity shareholders of Immutable. For remaining IMX private sale holders that do wish to sell, new investors, including Coinbase and Kenetic Capital, have been lined up to absorb any sell pressure.” Source
Tag: Platform
Web3 Platform Alchemy Has a Plan to Thwart Bad Actors in NFT Mints
Jay Paik, lead engineer at Alchemy, told CoinDesk that oftentimes, manually creating these lists can be work-intensive, thus providing the infrastructure to automate these rosters can help developers focus their attention on building out their NFT project. Source
Digital Asset Platform Bakkt to Buy Apex Crypto for up to $200M
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Hashflow (HFT) Announces the List on Cryptocurrency Trading Platform MEXC and Binance on November 7 – Press release Bitcoin News
press release PRESS RELEASE. MEXC Global will list Hashflow on November 7, 13:00(UTC) with Binance together, and users will be able to trade their native token HFT(HFT/USDT). Meanwhile, MEXC has launched a deposit competition for HFT, and the total prize pool is 5000MX. Hashflow (HFT) is a decentralized exchange that supports cross-chain interoperability. It can link users with professional market makers and aims to provide zero slippage, low GAS fee, and MEV-protected trading experience. Currently, Hashflow has supported public chains such as Ethereum, Avalanche, Polygon, Arbitrum, Optimism, and BNB. The…
Stop Using the Word ‘Platform’, and Other DeFi Language Pet Peeves
We can do better with our words, and this nascent, flourishing technology deserves it. As Erik Voorhees wrote, “If [DeFi] does not swell your heart with joy, hope and inspiration, you are missing something.” Changing the way we talk about DeFi – whether you’re a developer, a user, a DAO participant or otherwise – is a very small step on the path to recognizing the hope that DeFi brings for a better system. Source
VICUNA Platform, Smell in Metaverse-VINAVerse – Sponsored Bitcoin News
sponsored VICUNA is designed to develop cutting-edge technology and applications that push users beyond the limits of immersive experiences. VICUNA team believes in building products that improve customers’ lives and advance the state of VR as an industry with a strong focus on innovation and Artificial Intelligence(AI)—backed by the UAE’s leading investors, including Smart Desert Investment and Bin-Dhaen Holding. OSDT launched VICUNA; it is a licensed Company in Dubai, UAE. VICUNA team are world award-winning AI and Blockchain scientists and researchers. The VICUNA team; constantly pushing boundaries and exploring new…
Crypto Trading Platform Talos Taps Amber Group for Liquidity Amid Increased Buying Demand
Amber Group will join Talos’s extensive partner network of over 40 liquidity venues, such as exchanges Binance, Coinbase and FTX. Source
Lending Fintech Platform SoFi's Revenue Jumped More Than 55% in Q3
Nasdaq-listed lending fintech SoFi (SOFI) posted third-quarter revenue of around $424 million, a jump of over 55% from the corresponding quarter a year ago. Source
B2C2 Adds Electronic Crypto Options to Over-the-Counter Trading Platform
The 7-year-old firm, a unit of the Japanese financial firm SBI Holdings, claims that the Options Chain offering is a first for digital-asset markets, where players say they’re moving to accommodate fast-growing interest in crypto from institutional investors. Source
Crypto Platform Freeway’s Lack of Transparency Should Have Been a Red Flag
While the metaverse has not yet helped Facebook parent Meta, which missed Q3 revenue estimates for its Facebook Reality Labs (FRL) division, Deepak Chopra sees great potential for wellbeing in the virtual world. The popular meditation and self-care author joined “First Mover,” along with Seva.Love Co-Founder and CEO Poonacha Machaiah, to discuss their platform in the metaverse. Also, crypto markets reacted to the new U.S. GDP report, showing the economy rose in the third quarter, faster than expected. Plus, Trading Week continued with ‘Crypto Is Macro Now’ Analyst Noelle Acheson.…