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Fomo Completes $17 Million Series A Funding Round, Led by Benchmark

2 hours ago

November 6th. As per TechCrunch, the cryptocurrency trading app Fomo has successfully completed a Series A funding round of $17 million, with Benchmark taking the lead. This brings the total funding to $19 million. The participating investors comprise Marc Boiron, the CEO of Polygon Labs, Raj Gokal, the co-founder of Solana, and Balaji Srinivasan, the former CTO of Coinbase and an angel investor. The Fomo app was launched in May this year, enabling users to conduct quick account opening transactions through the integration of Apple Pay. The platform supports cross-chain transactions for millions of crypto assets, charges a transaction fee of 0.5%, waives Gas fees, and incorporates built-in social features that allow users to track others' trading strategies.

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Speaker of the House Johnson: Today's Outlook on Resolving the Government Shutdown Issue Is "Less Optimistic Than Yesterday"

On November 7, U.S. House Speaker Johnson said that he is "less optimistic today than yesterday" regarding the resolution of the government shutdown issue. (FX168)

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「Buddy」 ETH Long Position Faces Partial Liquidation Again, Current Position Reaches $7.6 Million

On November 7th, as monitored by Onchain Lens, due to the market's downturn, the "Whale" witnessed another partial liquidation of its 25x long position in ETH. At present, the "Whale" still holds a position of 2,300 ETH, which is worth $7.6 million.

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Hourglass: Stablecoin Staking Event Phase 2 $100,000 Minimum Deposit Window to be Extended by At Least 1 Hour

On November 7th, Hourglass announced that "The minimum deposit window of $100,000 for the Stable Pre-Launch Phase 2 will be extended by at least one hour." (This sentence is already in a relatively common and clear English structure for such announcements. There may not be a significant difference in a "typical American language habit" rewrite as it is already presented in a straightforward manner.)

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Over the past month, three whales have bought a total of 17M $OVPP($375K).

Over the past month, three whales have bought a total of 17M $OVPP($375K). Whale 0xaca5, holding over $10M in assets, bought 7.6M $OVPP($165K) from MEXC and DEXs. 0xae84 bought 5.43M $OVPP($117K). 0x3bd5 bought 3.97M $OVPP($87K).

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A whale withdrew 114.9 million USDT from Aave, causing Aave's main market USDT utilization rate to soar above 92% of the optimal utilization threshold.

On November 6th, based on the monitoring of LookOnChain, a whale address 0x540C has just withdrawn 1.149 billion USDT from Aave. This has led to the USDT utilization rate on the Aave main market rising to 92.83%, which exceeds the optimal utilization rate threshold of 92% of the protocol.

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MEV Capital and Re7 Labs have reached a fund utilization rate of 99% in the Lista DAO platform, triggering a forced liquidation.

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