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FTX estate prepares to sell $38 million of locked Worldcoin tokens at a discount

FTX estate to auction 22.3 million locked WLD tokens valued at $37.7 million, aiming to recover funds for creditors with discounts of 40-75% off market price.

theblock.co • 02/10/2024 - 15:49 PM

FTX estate prepares to sell $38 million of locked Worldcoin tokens at a discount

The FTX estate plans to auction 22.3 million locked WLD tokens at a significant discount as part of efforts to recover funds for creditors.

theblock.co • 02/10/2024 - 15:49 PM

Crypto trader Ansem says there was a ‘misalignment of incentives’ in certain celebrity-backed memecoins

Ansem, a crypto influencer, reflects on cautious endorsements of celebrity-backed memecoins; he focuses on impactful projects, acknowledging risks and observing trends in the evolving crypto landscape.

theblock.co • 01/10/2024 - 22:33 PM

Crypto trader Ansem says there was a ‘misalignment of incentives’ in certain celebrity-backed memecoins

Popular crypto X figure Ansem says he has learned to be more “discerning” about projects he endorses following criticism of his previous support of failed celebrity memecoins. Although the fervor around memecoins has started to break, Ansem said the sector will be a “continued trend.”

theblock.co • 01/10/2024 - 22:33 PM

CRYPTO

Vitalik Buterin says he supports the existence of Hezbollah betting section on Polymarket

Vitalik Buterin supports Hezbollah betting on Polymarket, emphasizing its role in providing insights into conflicts while opposing markets incentivizing harmful actions.

theblock.co • 01/10/2024 - 10:17 AM

Initia raises $2.5 million in under 2 hours on Cobie's Echo at $250 million token valuation

Initia raised $2.5 million through Echo after a $14 million Series A, emphasizing community engagement and decentralization in fundraising amid ongoing platform improvements.

theblock.co • 27/09/2024 - 19:35 PM

Initia raises $2.5 million in under 2 hours on Cobie's Echo at $250 million token valuation

Initia, a blockchain project, raised $2.5 million via the Echo platform, emphasizing decentralized fundraising and community engagement, marking a significant milestone in crypto investment opportunities.

theblock.co • 27/09/2024 - 19:35 PM

Solana DePIN Mawari Network raises $10.8 million in new funding

Mawari Network raised $10.8 million to enhance its decentralized infrastructure on Solana, focusing on real-time 3D content and spatial computing technologies.

theblock.co • 26/09/2024 - 17:23 PM

Solana DePIN Mawari Network raises $10.8 million in new funding

Mawari Network raises $10.8 million for decentralized spatial computing on Solana, with plans for a mainnet launch and infrastructure expansion through node sales.

theblock.co • 26/09/2024 - 17:23 PM

South Korea fines Worldcoin and Tools For Humanity for data privacy violations

Worldcoin and Tools For Humanity were fined $830,000 by South Korea for data violations related to iris scans, but they welcome the decision, believing compliance issues are now addressed.

theblock.co • 26/09/2024 - 05:28 AM

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