Due to a failed bet on ETH price, Infinex founder pays $50,000 to Multicoin co-founder in a wager

ETH-2,97%

Odaily Planet Daily reports that Synthetix and Infinex founder Kain Warwick has paid a $50,000 bet to Multicoin co-founder Kyle Samani. The two previously wagered in November 2024 on whether ETH would surpass $25,000 by the end of 2025. If Kain wins, Samani must pay $500,000, but if Samani wins, Kain only needs to pay $50,000.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

ETH 跌破 2100 USDT

Gate News bot 消息,Gate 行情显示,ETH 跌破 2100 USDT,现价 2095.97 USDT。

CryptoRadar2m ago

Bitmine Launches MAVAN With $6.8B in Staked Ethereum

Bitmine has launched MAVAN, an Ethereum staking platform for institutional users, with over 3.1 million ETH staked. The platform focuses on security and scalability and aims to generate $300 million in annual staking rewards while expanding into more proof-of-stake networks.

CryptoFrontNews20m ago

Ethereum hits the crucial $2,500 mark: capital outflows surge, but valuation risks emerge

Ethereum's current price remains above $2,100 and is in an upward channel, but a breakthrough of the key resistance at $2,393 is needed to continue rising toward $2,500. Meanwhile, on-chain fund inflows are increasing, indicating that investors are inclined to hold long-term, but valuation pressure is rising, and the impact of on-chain activity on price should be monitored. The short-term trend will depend on breaking through resistance levels and changes in market demand.

GateNews1h ago

Bitmine 推以太坊質押平台「MAVAN」,手握 466 萬枚 ETH 要全數質押

Bitmine Immersion Technologies announces the launch of the Ethereum staking platform "MAVAN," providing services for institutional investors and digital asset custody institutions. MAVAN will utilize 4.66 million ETH to earn staking rewards and plans to expand into more blockchain sectors. The platform is expected to generate nearly $300 million in staking rewards annually.

区块客1h ago
Comment
0/400
No comments