Insider

Binance just launched one of its biggest community reward programs ever — a massive \$BTC 1.7 million in crypto prizes for those who can outthink, outsmart, and outplay the market.
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Binance has proudly introduced its 44th project on Binance Launchpool - Manta (MANTA). Manta (MANTA) emerges as a revolutionary blockchain ecosystem designed specifically for Zero-Knowledge (ZK) applications. The platform's website went live just 5 hours before the official launch of the Launchpool.
Passionate users now have the opportunity to stake their BNB and FDUSD in separate pools, enabling them to farm MANTA tokens over a 2-day period. The mining process is set to commence at 07:00 on January 16, 2024 (Vietnam time).
Key Dates and Trading Pairs: MANTA tokens are scheduled to be listed on Binance at 17:00 on January 18, 2024 (Vietnam time). Trading pairs include MANTA/BTC, MANTA/USDT, MANTA/BNB, MANTA/FDUSD, and MANTA/TRY. Additionally, Seed Tag will be applied to MANTA.
Details of MANTA Launchpool:
Token Name: Manta (MANTA)Total Supply: 1,000,000,000 MANTALaunchpool Reward: 30,000,000 MANTA (3% of total supply)Initial Circulating Supply: 251,000,000 MANTA (25.1% of total supply)Smart Contract Details: MANTA (MANTA)Staking Requirements: Identity Verification (KYC)Hourly Hardcap per User: 50,000 MANTA in BNB pool, 12,500 MANTA in FDUSD pool.
Supported Pools and Mining Period: Interested parties can participate in three supported pools:
Stake BNB: Offering a reward of 24,000,000 MANTA (80%)Stake FDUSD: Offering a reward of 6,000,000 MANTA (20%) The mining period extends from 07:00 on January 16, 2024, to 6:59 on January 17, 2024 (Vietnam time).
Daily Distribution of MANTA: During the mining period, the daily distribution of MANTA across pools is as follows:
Total Daily Reward: 15,000,000 MANTADaily Reward for BNB Pool: 12,000,000 MANTADaily Reward for FDUSD Pool: 3,000,000 MANTA
Introducing MANTA via Binance Launchpool brings an exciting prospect for the cryptocurrency community, promising a blockchain ecosystem tailored for ZK applications. As the much-anticipated token MANTA approaches its listing, expectations and interest continue to soar, marking a significant milestone in Binance's unwavering commitment to community-centric innovation in the cryptocurrency sphere.
Explore more about MANTA: https://www.binance.com/en/research/projects/manta
Read the detailed announcement: https://www.binance.com/en/support/announcement/d408406a0b594b2d82206f7ea9ca60bc Join the excitement:
https://www.binance.info/vi/activity/referral-entry/NYR24?fromActivityPage=tru
e&ref=LIMIT_NYR7V91P

#manta #binance #Web3 #insider #btc

In an insider transaction, the interim CEO of Argo Blockchain purchases 75,000 shares.

In an insider deal, Jim MacCallum, the company's acting CEO, purchased almost 70,000 shares of Argo Blockchain. In a regulatory filing, Argo Blockchain said that Jim MacCallum, its temporary CEO, bought 75,000 of the company's shares between January 29 and January 30 in the form of American Depositary Receipts, which are shares that are traded in the United States and represent equity of foreign companies. According to the report, the shares were purchased at Nasdaq values between $0.4550 and $0.4700 each.

MacCallum purchased the shares for around $34,625 in total, with an average price of $0.4617 per ADR. The disclosure of the insider acquisition was mandated by requirements for individuals carrying out managerial duties. Argo's shares on the London Stock Exchange surged 2.27% to 4.5 GBX following the news.

The deal was made a few days after Argo Blockchain revealed that Thomas Chippas, its CEO, would be leaving on February 28. While the business searches for a permanent candidate to take over as CEO, Jim MacCallum, who is now the CFO, has already stepped in as temporary CEO.

Chippas, who arrived in November 2023, boosted Argo's finances by bolstering the balance sheet and paying down a Galaxy loan early, as crypto.news previously reported. Argo is still having difficulties, as seen by its $6.3 million net loss in Q3 2024 and its 28% year-over-year decline in revenue to $7.5 million.

Argo raised $5.3 million by subscribing to shares in December 2024. With the money, mining equipment from the Helios operation in Texas will be sold or relocated. Additionally, it will help keep things running in Quebec. A five-month low of 39 Bitcoin was mined in December, the same amount as in November, which led the business to claim flat production earlier.
#Argo #insider

An unknown participant of the crypto community turned a few thousand dollars into $8 million. It took him just one day to earn this fortune.

Analysts from Lookonchain shared the story of the lucky investor. They posted details of the trader's operations on their X (formerly "Twitter").

On April 29, 2024, Lookonchain analysts noticed an unknown investor who managed to turn 44.78 Solana (SOL) into $8.28 million. He used the TIM coin for the transactions. Here's how the trader acted:

🔴 First, he created two crypto wallets and transferred Solana worth $6,404 to them.

🔴 With all the $SOL , the trader bought 526.6 million TIM tokens, which constituted 52.66% of the total cryptocurrency issuance volume. He executed the coin purchase operation 3 minutes before the coin trading launch.

🔴 Afterward, the unknown individual transferred all TIM to several wallets and started selling his coins amidst the cryptocurrency's growth.

Lookonchain is convinced that insider trading is behind the TIM purchase. According to analysts, the investor intentionally started selling the purchased coins in small portions to avoid attracting unnecessary attention.

Members of the crypto community have noticed that insider trading is becoming more and more common in the market.

TIM is yet another meme coin. It is based on a meme about Tim, who "doesn't care." There is almost no activity on the project's social media platforms. For example, about a thousand people follow TIM on X, but apparently, Tim "doesn't care."

On the TIM Telegram page, it is stated that Tim is not concerned about the lack of description. Developers provide no technical information about the project, citing the meme phrase of the crypto project character.

#cryptocurrency #TradingStrategies #insider #TIM