A recent on-chain transaction has led to speculation that DWF Labs, a well-known crypto market maker, might be making a move to become a principal partner of World Liberty Financial’s (WLFI) USD1 stablecoin. The transaction, in which a miniscule amount of USD1 was sent to an address linked to DWF Labs, has crypto Twitter and other parts of the community talking about the possible, and quite likely, closer relationship of the market maker with the stablecoin initiative. A New Partnership in the Making? The on-chain analyst EmberCN flagged the transaction, urging industry watchers to speculate on the relationship between DWF
The post DWF Labs May Partner with Trump-linked WLFI Stablecoin $USD1 appeared first on The Merkle News.
]]>DWF Labs has ramped up its activity with GALA, depositing another 10 million tokens (worth $616,000) to Binance within the last day. Over the past 31 hours, the firm has transferred a total of 30 million GALA across four transactions, with an average price of $0.05504. These deposits amount to $1.65 million. Despite these significant movements, DWF Labs still holds a substantial 58.31 million GALA tokens, valued at $3.56 million. However, the price of GALA has shown a tendency to dip following these deposits, highlighting the potential market impact of such large-scale transactions. In the broader market, GALA has experienced
The post DWF Labs Continues GALA Deposits As Token Surges Over 50% In A Week appeared first on The Merkle News.
]]>
DWF Labs is already a resident of Dubai’s Dubai Multi Commodities Centre. It wouldn’t be the first crypto firm to have a presence in both emirates, however.
]]>
The RWA sector could see a more than 50-fold increase by 2030, potentially reaching over $30 trillion, according to the world’s biggest consulting firms.
]]>
The new Donald Trump administration could bring regulatory clarity to the crypto industry, but complex factors may hinder rapid progress. Regulatory Clarity Requires Patience While the new Donald Trump administration might offer some regulatory clarity for the crypto industry, according to Lingling Jiang, a partner at DWF Labs, substantial regulatory movement will take time due […]
]]>
A waitress at a Hong Kong bar allegedly spotted the DWF Labs partner drugging the victim’s drink while attending the bathroom — an accusation she claims is backed by CCTV footage.
]]>In a significant move for the TrueFiDAO $TRU community, DWF Labs has been in continuous engagement with the platform, providing proposals and actively participating in community meetings. This collaboration has culminated in DWF Labs becoming the market maker for the $TRU token, a development expected to be officially announced in the coming days. The timeline of events leading to this partnership is as follows: 1. May 27: A proposal to use DWF Labs as the market maker was initiated on the forum. 2. July 2: The proposal was put to vote on Tally, and by July 10, it was passed
The post DWF Labs Partners With TrueFiDAO As $TRU Market Maker appeared first on The Merkle News.
]]>
DWF Labs announced the launch of a $20 million Cloudbreak Fund aimed at supporting Web3 projects in Chinese-speaking regions. The fund will provide investments and strategic resources to help emerging projects achieve their potential. DWF Labs Reveals Cloudbreak Fund for Web3 Projects in Chinese-Speaking Regions According to the announcement shared with Bitcoin.com News, DWF’s Cloudbreak […]
]]>
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions.
]]>In the past week, JASMY Coin has experienced a remarkable surge of 40%, extending its gains to an impressive 88% over the past month. This bullish trend has attracted significant attention, particularly from DWF Labs, which recently deposited another 12 million JASMY ($461,000) to Binance at $0.03845 per token. Over the last three days, DWF Labs has been actively unloading JASMY on Binance, depositing a total of 97 million JASMY ($3.3 million). This strategic unloading has been consistent, with the last transaction occurring just 12 hours ago. Each deposit by DWF Labs has led to a short-term price drop, indicating
The post JASMY Coin Surge And DWF Labs’ Strategic Moves appeared first on The Merkle News.
]]>