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Golem (GLM) shifted more Ethereum (ETH) to Binance and Coinbase. Some of the ETH may come from staking rewards and Golem has mentioned it would use the funds for popularization and operating expenses.
Despite facing competition, Golem's recent revival hints at potential for renewed relevance in the AI crypto market.
Golem Network introduces the golem-js 3.5 update, offering enhanced features for JavaScript and TypeScript developers, marking a significant step in its ongoing development.
The artificial intelligence sector has become one of the most exciting and innovative developments in 2024. While many altcoins leverage artificial intelligence (AI) to disrupt industries and drive technological advancements, investors can consider these assets to sell as they could underperform in Q4.
Golem's latest report explains the transfer of 135,000 ETH to CEXs as part of a staking test to ensure operational security.
Golem Network launches the MVP of Golem-Workers, inviting beta testers to enhance its functionality and interface.
Golem Network releases Yagna v0.16.0, introducing deposits and new ecosystem roles, indirect payments, and enhanced error handling.
Ethereum Golem address is active once again moving more than 4000 ETH to crypto exchanges Binance and Coinbase. Over the last week, the Golem multi-signature address, belonging to the ICO era, has moved over 8,000 ETH to exchanges.
August has been a rollercoaster for Bitcoin, with dramatic price swings leaving investors on edge. After reclaiming lost ground, Bitcoin dipped below $60,000, sparking concerns about its ability to maintain a bullish trend. As the battle between bulls and bears rages on, all eyes are on macroeconomic data from the United States.
Golem's (GLM) price is poised for a potential rally, which could send the price soaring and potentially form a new all-time high.
Golem Network announces an updated AI/GPU roadmap focusing on market-validated initiatives, enhancing GPU resource supply for AI industry needs.
Golem Network introduces Golem-Workers API, offering high-level access to GPU and CPU resources, catering to diverse computational needs beyond AI model deployment.
Golem Network introduces Modelserve, a scalable and cost-effective AI model inference service designed for developers and startups.
Project Golem has staked over $120 million worth of ETH as staking mania intensifies ahead of possible ETH ETF launch.
An Ethereum-based project that financed itself through an initial coin offering (ICO), Golem (GLM), has recently moved 40,000 ETH worth around $124 million to start staking the funds, effectively becoming a validator on the network to secure yield by helping secure it.
Golem, an Ethereum-based project, moved 4,600 ETH which is equivalent to $14.1 million at the time of transfer to cryptocurrency exchanges Binance and Bitfinex. This transfer reflects a seeming trend in the past month where the Golem has been sending a large amount of Ethereum to various exchanges.
The Golem crypto platform has been moving large quantities of Ethereum to centralized exchanges raising eyebrows among the crypto community.
Golem, one of the pioneering projects from the Ethereum ICO era, has transferred over $100 million worth of ether to exchanges, raising concerns about potential market impacts.
Golem (GLM), one of the high-profile ICOs from 2016 and among the first projects on the Ethereum (ETH) network, was seen liquidating its treasury. At that moment, Golem managed to raise 820K ETH, making it one of the biggest holders with a long runway for development.
TL;DR Golem has transferred over 100 million dollars in ETH to exchanges in the last month, raising concerns about potential selling pressure on the price of ETH. The platform's main wallet has moved 24,400 ETH (72 million dollars) in the last three days, with current reserves of 127,634 ETH valued at 372 million dollars.
Golem Network's $115 million in Ethereum move impacts the market
Golem, a decentralized computing platform that raised a significant amount of Ethereum (ETH) during its initial coin offering (ICO) in 2016, recently moved millions of dollars worth of ETH tokens to various cryptocurrency exchanges. This substantial transfer comes amid a broader market downturn for cryptocurrencies.
Golem's ETH liquidations have the potential to significantly impact the market.
Golem, a 2016 ICO project for decentralized GPU sharing, has moved 36,000 eth ($115 million) for passive staking yield.
