Umia, a team specializing in token launch services, sold UMIA tokens through a seven-day auction at an $18 million fully diluted valuation, raising $6.1 million with participation from ten funds and nearly 700 individual bidders.
A team that helps other projects launch their tokens drew in nearly 700 individual bidders when it came time to launch its own — that's the number worth remembering from Umia's auction.
Umia ran a seven-day UMIA token auction at an $18 million fully diluted valuation (FDV), ultimately raising $6.1 million. Participants included ten funds along with nearly 700 individual bidders.
Umia's business is helping crypto projects carry out token launches, and the structure of its own token auction essentially served as a live test of its own tooling: a seven-day window long enough to keep institutional and retail participants of vastly different scale on the same bidding list at the same time.
The materials provided don't include details on total token supply, circulating ratio, vesting terms, or listing exchanges — further specifics await disclosure from Umia or trading platforms.
The Ethereum Foundation has partnered with the Open Anonymity Project to launch zkAPI, allowing users to anonymously pay for AI model usage fees through zero-knowledge proofs. The system is already running on Ethereum mainnet, bringing to life the design Vitalik Buterin proposed back in February.
A brawl broke out outside the ComplexCon venue in Los Angeles Saturday night, leaving four people injured. Rapper Lucki was reportedly stabbed in the neck and rushed to the hospital. LAPD confirmed the injuries were consistent with stab wounds and has opened an attempted murder investigation.
"Top Boy" star Ashley Walters' directorial debut "Animol" will premiere at the BFI London Film Festival on October 11, with a wide release on October 30. Details of the on-set prayers he shared with Stephen Graham reveal just how much weight this project carries for him.
Swedish sister duo First Aid Kit have announced their "Visions Of The Past" tour for January 2027, with nine shows across the UK and Ireland, with younger brother Isak Benjamin serving as support act for the entire run.
The Libertines frontman Pete Doherty, ahead of the band's appearance at the Busan rock festival, teamed up with drummer Gary Powell for an impromptu cover of Lily Allen's "Smile" in South Korea — and after the clip went viral, Allen herself showed up in the comments.
Directed by Alejandro G. Iñárritu and starring Tom Cruise, the black comedy "Digger" opened in North America with a mere $8 million, a staggering gap compared to its production budget of up to $180 million.