DWF Labs to Buy $10M of TokenFi’s TOKEN, Plans to Develop AI Products
The purchase will be done over a two-year period, developers told CoinDesk.
The purchase will be done over a two-year period, developers told CoinDesk.
The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation into the U.S. economy.
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.
Deutsche Boerse will operate the trading venue, and Crypto Finance will provide settlement and custody services.
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits in 2023.
The Series A investment round included Ledger, Tezos, Chiron and British Business Bank.
Martijn Rozemuller, the CEO of VanEck Europe, sees crypto eventually matching its other product lines in terms of assets under management.
The tokens have logged over $1.7 billion in volumes on the regulated exchange in the past 24 hours, the most among counterparts.
As the protocol evolves, new layers could emerge bringing new use cases and more users, the report said.
Memecoin futures took on nearly $90 million in liquidations as prices corrected after a massive rally in the past week.