Data: Pantera Has Released 24.12 Million 1INCH Tokens, and All 96.5 Million Tokens Invested in 2021 Have Been Released
According to Spot On Chain data monitoring, Pantera Capital obtained 24.12 million 1INCH tokens for release 9 hours ago. At present, all 96.5 million tokens it obtained through investment in 2021 have been released and not sold, all held by wallets starting with 0x233 (approximately 32.35 million US dollars).
Siemens Invests €1 Billion in Global R&D Hub for Industrial Metaverse in Germany
Siemens has announced a €1 billion investment to establish a global research and development hub for the industrial metaverse in Germany. The industrial metaverse replicates real-world industrial spaces in a 3D format using advanced technologies like digital twins, AI, and blockchain.
AI Industry Headed for Biggest Bubble of All Time, Warns Stability AI CEO
Emad Mostaque, CEO of Stability AI, has warned that the artificial intelligence industry is at risk of a major bubble, which he predicts will be the biggest of all time. He likens it to the dot-com bubble of the late 90s, with excessive hype around AI inflating stock prices beyond reason.
Kalima Enters $10 Million Partnership with ABO Digital and Announces KLX Token Sale
Kalima, a delegated proof-of-stake blockchain based in France, has secured a $10m investment from ABO Digital, a private alternative funding group based in the Bahamas and Dubai. The funding will be used to further innovate and refine IoT solutions to revolutionize industries and drive digital transformation. Kalima has also announced a 24-hour private sale of its KLX token on Pinksale, with the primary objective of creating a sufficiently deep liquidity pool on Uniswap. The Uniswap listing of the KLX token is planned for July 21.
Binance Launchpad opens Investment Channel for Arkham (ARKM)
According to an official announcement, Binance opened the investment channel for Arkham (ARKM) on July 17th at 14:00 (GMT+8). This Launchpad adopts an investment mode based on users' 6-day average BNB holdings. The investment period for this round is 24 hours.
Cryptocurrencies Surge to Year Highs on Favorable Regulatory and Investment Moves
Cryptocurrencies are experiencing a surge in value due to recent regulatory and investment developments. Bitcoin has reached its highest price since June 2022, up over 90% for the year and nearly 30% in the past month. Ether and Ripple have also seen significant gains, with Ripple soaring 73% after a US judge ruled it could be legally sold on public crypto exchanges.
Traditional Hedge Funds' Crypto Exposure Declines, but Long-Term Outlook Remains Positive: PwC Report
A new report by PwC has found that the proportion of traditional hedge funds investing in crypto assets has decreased in the past year, with only 29% of funds having crypto exposure compared to 37% in 2022. However, no traditional hedge funds plan to decrease their exposure this year.
Web3 Venture Funding Plummets 80% in Q1 2023, Could Decline Further: Report
According to K33 Research, venture funding for Web3 has decreased by 80% in the first quarter of 2023 compared to the same period last year. The Block Pro's data also shows a significant drop in investment, with only $2.8 billion invested in Q1 of this year compared to $13.5 billion in Q1 of 2022.
Traders Union Provides Insights on Whether Bitcoin is a Good Investment
Traders Union, a reputable organization in the trading industry, has shared their insights on whether Bitcoin will rise again. According to Traders Union experts, Bitcoin is currently a good investment due to its decentralized nature, limited supply, and immunity to traditional economic forces. However, potential investors must also consider the risks, such as regulatory concerns and the possibility of a recession. The size of one's Bitcoin investment should be based on their financial capabilities and risk tolerance, with a recommended maximum allocation of 10% of total long-term investment capital. Ultimately, the decision of how long to hold Bitcoin depends on the investor's goals and type of investment. Traders Union can provide guidance and education on Bitcoin and other trading opportunities for those interested in investing. For more information, visit their official website.
US controls on investment will not harm China, Yellen tells Beijing
According to FT, US controls on investment into China would only target sensitive national security sectors, Janet Yellen has told her counterparts in Beijing during a four-day visit aimed at putting a “floor” under their turbulent relationship.
