When it comes to the crypto market, market makers play a key role in ensuring liquidity and price stability.
One of the major players in this field is DWF Labs, which has invested in 470 projects over 16 months, attracting both interest and criticism.
Market makers are financial entities that provide liquidity to the market by offering buy and sell prices for crypto assets.
They play a crucial role in stabilizing prices and supporting new tokens, especially during their launch on the market.
Without market makers, the market would become less liquid, causing sharp price fluctuations and making it harder to execute large orders.
DWF Labs is a market maker that has quickly established itself, providing liquidity to crypto projects while being involved in multi-million-dollar deals.
DWF Labs entered the crypto scene in 2022.
At the time, the market was hit hard by the collapse of FTX and major market makers like Alameda Research.
Their rapid rise and involvement in hundreds of projects in a short period stirred up the industry.
At the Token 2049 conference in September 2023, companies like GSR and Wintermute openly criticized DWF Labs.
GSR even stated that DWF "lacks real market competence."
In response, DWF co-founder Andrei Grachev called his competitors "old antiques," accusing them of a lack of innovation.
But it’s not just about words; it's about strategies.
DWF Labs positions itself as "Web3 venture capital and a market maker."
However, many of their deals involve buying project tokens at discounted rates rather than traditional venture investments.
For example, their "investment" of $15 million in Synthetix (SNX) tokens was quickly moved to exchanges, sparking criticism over possible market manipulation.
Walter Teng, VP of Digital Assets at Fundstrat, noted that such activities could lead to conflicts of interest: acting as both a market maker and investor, DWF may influence asset prices in its favor.
DWF Labs funds its "investments" from the profits of high-frequency trading across more than 40 exchanges.
However, most of their assets are stored on centralized exchanges (CEX), raising concerns about whether these assets will be sold.
DWF Labs has invested in over 470 projects in 16 months, which has sparked a lot of controversy.
The conflict of interest between being a venture investor and a market maker raises doubts about their market strategies.
Large investments, like $15 million in Synthetix, prompt questions about the transparency of their intentions.
Despite active criticism, Grachev acknowledges that the company needs to be more transparent and explain its strategy better.
Despite the criticism, DWF Labs continues to play a vital role in providing liquidity to hundreds of projects.
Their deals combine venture capital, market-making, and strategic partnerships, raising questions about transparency.
However, with major players like FTX and Alameda exiting the market, DWF remains one of the key players.
DWF Labs is actively blurring the line between traditional venture investments and market-making.
Their deals, often labeled as "investments," are complex financial instruments that include not only token purchases but also market liquidity support, marketing services, and assistance with exchange listings.
However, the question of where the line is drawn between investments and market-making in the crypto industry remains unanswered.
Satoshi Tweeted🔑
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
❤770👍631😘124🦄96🥰82🔥76👎50👏49🍌45😁41💘18
Recently, The Wall Street Journal published yet another "exposé" aimed at Tether, the issuer of USDT, one of the most popular stablecoins in the crypto market.
Here are the key claims made in the article:
But let’s take a closer look at what’s true and what may just be an attempt to paint cryptocurrency in a negative light.
Tether actively fights against illegal activities by freezing suspicious accounts.
In 2023, the company blocked $225 million linked to human trafficking and froze $800,000 in an effort to disrupt criminal financial flows.
Moreover, actual statistics challenge many of the key claims in the article.
According to 2023 data, less than 0.6% of all illicit funds globally are transacted through cryptocurrency, with the majority still being laundered through traditional banks and cash.
Among cryptocurrencies, bitcoin (BTC) is the most commonly used for suspicious transactions, accounting for 40% of such activity.
Meanwhile, USDT, which has been under significant regulatory scrutiny, is involved in
At the same time, Tether is posting record financial results.
Its $6.2 billion in profit surpasses the earnings of BlackRock, one of the world's largest investment firms, which earned $5.5 billion.
It seems major financial players are unhappy with the growing popularity of cryptocurrency.
These "exposés" are likely just part of an ongoing effort to tarnish the reputation of digital assets and keep traditional financial systems afloat.
The numbers speak for themselves: Tether continues to grow and secure a leading position in the global economy, despite all the attacks in the media.
Satoshi Tweeted🔑
Please open Telegram to view this post
VIEW IN TELEGRAM
👍130❤56🔥13👏13👎12
Forwarded from Crypto TV
▫️Lost Dogs (#WOOF) – today
▫️Catizen (#CATI) – September 20th
▫️Hamster Kombat (#HMSTR) – September 26th
▫️Cats (#CATS) – end of September (date TBA)
▫️Major of Telegram (#MAJOR) – October 1st
▫️TON Station (#SOON) – October 6th
▫️MemeFi (#MEMEFI) – October 9th
▫️X Empire (#EMPIRE) – October 15th
▫️Tapswap (#TAPS) – mid of October (date TBA)
▫️PocketFi (#SWITCH) – Q4 of 2024 (date TBA)
▫️Blum (#BLUM) – Q4 of 2024 (date TBA)
Save it not to lose! Any of the projects might become your life-changer.
📺Crypto TV
Please open Telegram to view this post
VIEW IN TELEGRAM
👍644❤291🥰118🍾73😁60🔥42❤🔥39🆒37👎25🥱23
Goldman Sachs, one of the world’s leading investment banks, shows that the future of gold is directly tied to current expectations for the U.S. economy.
Let’s break down the key takeaways from their forecast.
The economy is moving toward a soft landing: the labor market is recovering.
GDP is holding at 2.5%, and many key indicators remain strong.
According to Goldman Sachs: there’s only a
Three Fed rate cuts are expected by year-end.
Interestingly, these Fed actions will support gold prices.
Gold has already risen over 20%, setting a record of $2,500 per ounce.
The forecast for early next year? $2,700.
Gold is becoming the top asset for hedging risks.
Considering geopolitical tensions, potential sanctions, and the growing U.S. debt — gold is emerging as the asset that will shield against future turbulence.
Goldman Sachs is clear: gold is the best bet for the near term.
Risk is rising, the economy is slowing, and gold is breaking records.
Satoshi Tweeted🔑
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
👍137❤37🔥23🕊16😁3
The latest data from CryptoQuant’s weekly report shows that Bitcoin remains in a bearish phase, and its correlation with gold has weakened.
Investors are increasingly turning to traditional assets, while Bitcoin is facing pressure from all sides.
An interesting fact — Bitcoin is decoupling from gold.
While gold has hit new record highs, Bitcoin continues to decline, leading to negative correlation between the two assets.
This indicates that investors are increasingly favoring safe-haven assets like gold, steering away from the risks associated with cryptocurrency.
Bitcoin is not only losing its connection with gold but has also weakened alongside the U.S. stock markets.
The Nasdaq 100 Composite Index has fallen by 10%,
This further highlights how global economic trends are impacting the price of crypto assets.
As risks remain, Bitcoin continues to trail behind traditional assets like gold, which are once again proving their role as safe stores of value.
Satoshi Tweeted🔑
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
👍234❤107👏27👎26🥰19
In recent weeks, Binance has added five tokens from the TON ecosystem to its listings.
This has sparked significant interest in the market.
Here are a few key factors that explain this phenomenon:
TON is closely tied to Telegram, which has an enormous user base.
Mini-apps within the TON ecosystem, such as Notcoin, Dogs, Hamster, and Catizen, attract millions of users.
For example, Hamster has already drawn over 250 million users, while Catizen reached 10 million within a few months.
Exchanges like Binance, Bybit, and Bitget are actively adding TON ecosystem tokens to bring in new users.
Regions like the CIS and South Asia, where cryptocurrencies are not yet widely adopted, hold massive growth potential.
The TON ecosystem stands out for its diverse projects:
Notcoin launched mini-apps on Telegram, proving that millions of users can be attracted through Telegram-based games.
Dogs is a meme coin distributed via Telegram without complex game logic, which quickly exploded in the crypto community.
Catizen uses viral mechanics similar to platforms like Pinduoduo to attract new users.
Hamster Kombat is a project with strong ties to the CIS region, attracting users through its gaming mechanics.
Many TON ecosystem projects are actively promoted by Russian-speaking Key Opinion Leaders (KOLs), who use Telegram to manage large communities.
These groups can reach tens of thousands of users, and through cross-promotion between projects, they achieve significant success within the ecosystem.
TapSwap, Blum, YEScoin are Tier 1 projects that are showing strong performance in the CIS region, offering unique user interaction mechanisms.
New user growth may slow down with the launch of additional mini-apps like Catizen and Hamster, as much of the user base is already covered.
The potential of the TON ecosystem is enormous.
Telegram is becoming a crucial platform for crypto projects.
TON’s ecosystem will continue to capture the attention of exchanges due to its scalability and unique integration with a large user base.
Satoshi Tweeted🔑
Please open Telegram to view this post
VIEW IN TELEGRAM
👍491❤215🔥67🖕67👎57👏1
COUB is launching a new format in Telegram — Shorts powered by Bytedance technology. Upload 60-second 4K videos and earn as a creator, or simply watch and get rewarded!
To celebrate this update, the project is giving away up to $2 million in $COUB! It’s simple: if you hold $DOGS, $TON, or $NOT tokens, connect your wallet in Telegram and claim your rewards. Here’s how:
What is COUB?
It’s a new platform turning Telegram into a TikTok-like space with cool mechanics and earning potential. It’s already looking exciting!
Don’t miss out on exclusive early access to new features! Join the whitelist, invite friends, and collect coub-tickets for access to special opportunities.
Satoshi Tweeted🔑
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
👍55❤39