Cryptocurrency Analysis and News Portal
Crypto exchange WOO Network is set to sever all remaining ties with bankrupt Three Arrows Capital, after reaching a settlement to buy back shares and tokens previously acquired by the crypto hedge fund.According to an Oct. 11 blog post, WOO reached a settlement agreement with Teneo — the firm tasked
Read More
WOO co-founder Jack Tan said the repurchase allows the company to move on “without further distractions from the 3AC fallout”. WOO Network has announced its decision to repurchase shares and tokens it sold to defunct Singaporean hedge fund Three Arrows Capital (3AC) back in 2021. The Taiwan-based trading platform and liquidity
Read More
According to a press release, WOO agreed to cancel shares purchased by 3AC in 2021's Series A fundraise and repurchase 20 million WOO tokens, worth around $3.4 million at current prices. The tokens have been sent to a burn address or crypto wallet that cannot be accessed by anyone. Source
Read More
An Ethereum wallet funded by a beneficiary of the Multichain exploit has sold $1.8 million worth of WOO Network (WOO) tokens on Uniswap, causing the price to slump by 8%. Original Source
Read More
Binance is the largest exchange platform in trading volume within the crypto industry. Through its user-friendly interface, the exchange has over 20 million users. In addition, the platform supports several cryptocurrencies that would boost an investor’s portfolio. In its move to enhanced performance and services to customers, Binance has a strategic
Read More
Decentralized finance (DeFi) liquidity provider WOO Network has secured additional funds in a Series A funding round.Incubated by quantitative trading heavyweight Kronos Research, WOO Network has pocketed an additional $12 million strategic investment in a a Series A+ funding round led by Binance Labs. The fresh funding, announced by Binance Labs
Read More
WOO Network provides liquidity to over 40 institutions, exchanges, trading teams, wallets and decentralized applications. The company’s products include WOO Trade, a platform for institutional investors, and the retail-focused WOO X, which combines zero-fee trading and deep liquidity. Source
Read More
Willy Woo, New Zealand native living in Hong Kong, has built a 21st century media empire. It runs primarily on Twitter, Telegram and Substack, a newsletter platform, where he helps readers divine bitcoin’s price fluctuations using on-chain data. His newsletter, “The Bitcoin Forecast,” routinely tops Substack’s leaderboard and his tweets
Read More
PSP Soteria Ventures, Gate Ventures, QCP Capital, Crypto.com Capital, the Avalanche Asia Star Fund (AVATAR), AscendEX, AntAlpha, MEXC Global, LBank, Fenbushi Capital, BitMart, 3Commas Capital, TokenInsight Research and ViaBTC Capital also participated in the round. Source
Read More
Upstart crypto exchange LVL wants to take on U.S. giants Coinbase and Gemini by removing trading fees.Announced today, LVL (pronounced “level,” as in playing field) is making its entire service free to use. LVL, which is backed by Morgan Creek Digital’s Anthony Pompliano and Bitcoin advocates Jimmy Song and Willy
Read More