Lightspeed, Pantera Join $20M Raise for Crypto Market Maker Wintermute
The Series B will fund a push into Asia and the launch of a derivatives business.
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Crypto pundit Butcher has suggested that Binance and market maker Wintermute may be responsible for the Bitcoin and Ethereum price crashes. The pundit also alluded to the October 10 crypto market crash and how both firms contributed to the crash. Pundit Blames Binance and Wintermute For Bitcoin and Ethereum Price Crashes In an X post, […]
The CEO of Wintermute has stated that they are "open" to treating the hack as a white hat hack and would speak to the attacker. Wintermute, a cryptocurrency market maker based in the United Kingdom, became the latest victim of decentralized finance (DeFi) hacks for approximately $160 million, according to Evgeny Gaevoy, the company’s founder and CEO.Short communication on the ongoing Wintermute hack— wishful cynic (@EvgenyGaevoy) September 20, 2022 According to Etherscan, over 70 different tokens have been transferred to “Wintermute exploiter,” including $61,350,986 in USD Coin....
Following last week’s Bitcoin (BTC) surge to $83,000, the market is now facing a tougher test: whether $80,000 can hold as real support. Market maker Wintermute, in its latest digital asset report, said the move carries a warning label—“…The way it got here tells you to be cautious rather than euphoric.” Why Retrace Risks Remain […]
After repayment of TrueFi’s $92 million loan, Wintermute still owes $97.4 million to Maple Finance and Clearpool in loans. When Wintermute, a cryptocurrency market maker, lost $160 million due to a hack, concerns related to the repayment of debt worth $189.4 million surfaced. However, in an exciting turn of events, Wintermute paid back its largest debt due Oct. 15, involving a $92 million Tether (USDT) loan issued by TrueFi.After repayment of TrueFi’s $92 million loan, Wintermute still owes $75 million to Maple Finance in USD Coin (USDC) and wrapped ether (WETH) and $22.4 million to....
Pantera Capital is seeking to raise $1.25 billion for a Solana treasury, adding to the wave of institutional momentum building behind the asset. Pantera Plans To Convert A Nasdaq-Listed Firm Into A Solana Treasury Vehicle As first reported by The Information, Pantera Capital is planning to raise funds to create a Solana treasury vehicle. Initially, […]