Animoca Brands has $558 million in digital assets

Animoca Brands' latest unaudited financial disclosure shows that it holds $558 million in digital assets on its balance sheet, including $291 million in cash and stablecoins. According to its website, Animoca Brands has invested in multiple blockchain companies such as Kraken, MetaMask, and Ledger.

Animoca Brands

Comments

All Comments

Recommended for you

Glassnode ·

Ethereum's Evolving Ecosystem - Staking, DeFi, and Derivative Markets

The third part of our Glassnode Spotlights series, presenting the most interesting and actionable insights from the Coinbase x Glassnode Q2 Guide to Crypto Markets, explores Ethereum's Evolving Ecosystem - Staking, DeFi, and Derivative Markets.
Cointime精选 ·

Bitcoin’s Price Dynamics: Federal Reserve Policies and Economic Shifts in Focus

This year, the factors influencing Bitcoin’s price shifted away from the interest rate narrative when spot Bitcoin ETFs were approved in the US in January. Since then, Bitcoin’s prices have re-aligned with market expectations on interest rates, now that ETF flows have diminished. The Federal Reserve is confronted with a challenging dilemma: it needs to control persistent inflation while also supporting a weakening U.S. economy. Over the long term, this predicament could turn out to be advantageous for Bitcoin.
Chainlink ·

Exploring Consensus With Parallel Proposals: The Difference Between PBFT and BBCA-Chain

Recent works [BBCA-Chain, Motorway, Cordial-Miners, Shoal, Mysticeti-C, Sailfish] debunk the belief that Block-DAG BFT Consensus protocols have to pay significant latency to achieve throughput scalability. They provide alternative ways for leveraging parallel transaction dissemination.
Yesterday, Solana’s on-chain DEX transaction volume surpassed Ethereum, reaching $1.314 billion

On May 10th, according to DeFiLlama data, the trading volume of Solana's DEX reached 1.314 billion US dollars yesterday, surpassing the trading volume of 1.297 billion US dollars on Ethereum's DEX.
VitalikButerin ·

Multidimensional gas pricing

In Ethereum, resources were up until recently limited, and priced, using a single resource called "gas". Gas is a measure of the amount of "computational effort" needed to process a given transaction or block. Gas merges together multiple types of "effort", most notably:
PermaDAO ·

AMA: AO and Artificial Intelligence

The article is divided into two sections: the main dialogue between the host and Sam, and the Q&A session where community users ask questions about AO.
EigenLayer TVL falls back to $14.794 billion

According to DefiLlama data, the total value locked (TVL) in Ethereum's re-staking protocol EigenLayer has fallen below $15 billion, currently at $14.794 billion.
The total subscription volume of Hong Kong Bitcoin ETF yesterday was 101.6, and the Ethereum ETF showed net redemption for two consecutive days

The Hong Kong Bitcoin spot ETF had a net purchase of 101.6 bitcoins and a total holding of 4350 bitcoins on May 8th. The daily trading volume was 2.67 million US dollars, and the total net assets were 270 million US dollars. The daily BTC purchase came from Bosera HashKey and Huaxia Bitcoin ETF.
Crypto mining company Core Scientific mined over $175 million worth of Bitcoin in the first quarter

Encrypted mining company Core Scientific reported on Wednesday that it mined 2,825 bitcoins in the first quarter of 2024 (worth over $175 million at current prices).The company also reported a net profit of $210.7 million, compared to a net loss of about $400,000 last year. Its stock has resumed trading on Nasdaq after emerging from bankruptcy.
A whale deposited 757.7 BTC to Coinbase 3 hours ago, worth about 47.6 million US dollars

The Data Nerd reported that 3 hours ago, Whale 17Bu7 just deposited $757.7 worth of BTC (approximately $47.6 million) into #Coinbase.