Phantom Achieves $3 Billion Valuation Following $150 Million Funding Round

Phantom, a Solana-focused cryptocurrency wallet with over 15 million monthly users, has reached a $3 billion valuation after raising $150 million in its Series C funding round. The round was co-led by Sequoia Capital and Paradigm, with the participation of A16crypto and Variant. Phantom aims to get mainstream with this fund influx, accelerating crypto adoption … Read more

New Gemini Custody Wallet Amasses Millions in Altcoins Amid Diverging Market Trends

A recently created Gemini multisig custody wallet, identified as 0xc96, has been accumulating significant quantities of various altcoins over the past two weeks. The wallet, established just 18 days ago, shows impressive holdings, with the latest activity recorded just one day ago. The wallet’s recent withdrawals include: – 42,000 ETH, valued at approximately $103.8 million … Read more