Interest in decentralized protocol Bittensor (TAO Coin) is growing. Binance OMNI mining FDUSD data returned to normal. Market maker stacked over 56,000 METIS on Coinbase! And more…
There is news from ID, METIS, TAO Coin and these 4 altcoins!
Interest in decentralized protocol Bittensor (TAO Coin) is growing
According to various sources, companies such as Polychain, dao5, and Digital Currency Group (DCG) hold Bittensor’s token, TAO Coin, worth at least $350 million in total. Polychain owns $200 million worth of Bittensor (TAO Coin) tokens. dao5 has a stash of approximately 50 million dollars. Additionally, DCG holds approximately $100 million worth of TAO Coin. Polychain, launched by Polychain founder Olaf Carlson Wee, invested in Bittensor (TAO Coin) in 2019. In addition, dao5, founded by Tekin Salimi, also supports TAO. In this regard, it has a TAO Coin investment worth approximately 50 million dollars.
Binance OMNI mining FDUSD data returned to normal
According to Binance official information, Binance OMNI mining FDUSD data has returned to normal. In this context, it shows that approximately 3.14 billion coins are currently involved in mining. According to community feedback, there is a significant discrepancy between the data displayed by OMNI mining FDUSD and the actual issuance data of FDUSD. Binance explained that the issue in question is a problem with mining data display. Additionally, the stock exchange stated that they have resolved this problem.
Market maker uploaded over 56,000 METIS to Coinbase
On-chain watchdog ‘ai_9684xtpa’ recently transferred 56,144 METIS worth $3.44 million to Coinbase, the METIS market maker address. This move attracted attention because it came four months after the acquisition. Whale transferred this portion of METIS from Coinbase between December 22-26, 2023 for an average price of $57. If all were sold, a profit of $80,000 would be made. Meanwhile; METIS has fallen 47% in the last 30 days, causing a significant reduction in profits. On March 12, when the stock market price reached a record high, variable profit reached up to $4.31 million.
Manta Network participated in the Hong Kong Cyberport incubation project
Manta Network has joined the Hong Kong Cyberport incubation project Cyberport. Cyberport is a startup incubator in Hong Kong Cyberport, managed by Cyberport Management Company, which is owned by the Hong Kong Special Administrative Region Government. With the help of Cyberport, Manta Network will explore application examples in finance, education and other traditional fields to connect Web2 and Web3 ecosystems.
1inch Foundation Sold 6 million 1INCH tokens
As observed by on-chain analyst Yu Jin, the 1inch Foundation multi-signature address recently transferred 6 million 1INCH (worth approximately $2.52 million) to the wallet address of market maker GSR. GSR then transferred 1.55 million 1INCH to multiple trading platforms.
Omni Network announced the calendar!
cryptokoin.comAs you follow from , Omni Network recently announced that it would make a statement regarding token requests. In this context, the project announced on its social platform that token requests and staking will open on the 17th of this month at 19:00.
DWF Labs invested in Space ID (ID Coin)!
DWF Labs is a leading market maker in the crypto industry. The market maker has made significant investments in altcoins recently. According to on-chain watchdog SpotOnChain, DWF Labs purchased 11.34 million IDs. This amount corresponds to a total of 8.42 million dollars. Accordingly, DWF Labs purchased the token from Binance, Gateio and MEXC at a price of $ 0.743. With this investment, ID ranked at the top of DWF Labs’ portfolio.
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