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Axie Infinity and Chainlink Highlight Altcoin Profitability Divide

Axie Infinity and Chainlink Highlight Altcoin Profitability Divide

A significant 66.75% of holders of the blockchain-based trading and battling game, Axie Infinity (AXS), are losing money despite the digital asset ...
Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

Wintermute threatens lawsuit against Near Foundation over failed $11M stablecoin conversion

Evgeny Gaevoy, the CEO of Crypto market maker Wintermute, said his firm would take legal action against Near(NEAR) Foundation and Aurora Labs for f...
Wintermute to Sue Near Foundation Over Failure to Honor $11M Stablecoin Redemption Deal With FTX

Wintermute to Sue Near Foundation Over Failure to Honor $11M Stablecoin Redemption Deal With FTX

The Near Foundation has refused to execute Wintermute’s USN redemptions for over two months.
NEAR CEO Rejects Wintermute’s 11.2M USN Token Swap for USDT Request

NEAR CEO Rejects Wintermute’s 11.2M USN Token Swap for USDT Request

NEAR Foundation CEO Illia Polosukhin revealed that the organization had denied a request from crypto market maker Wintermute to exchange 11.2 milli...
NEAR backed out from a $11 million stablecoin redemption deal with Wintermute

NEAR backed out from a $11 million stablecoin redemption deal with Wintermute

Among the major recent events in crypto involve NEAR and Wintermute’s platforms revolving around their stablecoin redemption deal that’s worth mill...
Wintermute Considers Legal Action as NEAR Foundation Refuses Redemption of $11.2 Million USN Stablecoin

Wintermute Considers Legal Action as NEAR Foundation Refuses Redemption of $11.2 Million USN Stablecoin

Image Source: Wintermute Crypto market maker Wintermute is considering legal action after the NEAR Foundation and Aurora allegedly failed to honor ...
NEAR Token Lights Up: 22% Price Surge In Seven Days, Network Activity Skyrockets By 350%

NEAR Token Lights Up: 22% Price Surge In Seven Days, Network Activity Skyrockets By 350%

NEAR Protocol, a Blockchain Operating System (BOS), demonstrated notable growth in the third quarter of 2023, defying the challenging conditions of...
Bear Market Woes: NEAR Foundation’s Treasury Loses $200 Million

Bear Market Woes: NEAR Foundation’s Treasury Loses $200 Million

The NEAR cryptocurrency’s hit in price seems to have made its way to the NEAR Foundation’s treasury. According to the foundation behind NEAR’s laye...