News linked to both this project and an event.
EDGE Markets, a financial infrastructure for cryptocurrency and prediction markets, has announced the completion of a $29.2 million Series A funding round, led by CoinFund, with participation from Indicator Ventures, Mantis VC, StepStone Group, and Bullpen Capital. The new funds will be used to launch EDGE Pro, a high-throughput capital account product for market makers, which can connect to U.S. CFTC-regulated exchanges for real-time fund transfers. Leveraging a unified clearing and margin management system, it aims to enhance institutional capital efficiency. The company is also currently advancing its applications for NFA Introducing Broker and Futures Commission Merchant licenses. (Prnewswire)
链上调查员 ZachXBT 指控 edgeX 内部人员控制大部分供应，EDGE 代币单日暴跌超 40%。项目方归咎于外部方，双方就市场操纵展开争议。
edgeX released the latest statement on the abnormal price volatility of the EDGE token, stating that the protocol has not been attacked in any form, and that this incident was not caused by a hacker attack, exploit, or security vulnerability.edgeX stated that currently available information indicates this abnormal volatility was caused by certain external parties deliberately manipulating the market price of EDGE. This is a matter of market integrity, not a platform security issue.The team stated that it is actively cooperating with relevant exchanges and partner platforms in the investigation. A more comprehensive incident report will be published after the investigation is complete.
edgeX stated it has observed sudden and abnormal price fluctuations in the EDGE token and is actively investigating the cause.The team noted that it is urgently reviewing the specific situation and will release updates as soon as relevant information is confirmed. Users are reminded to refer to information published by edgeX's official channels and to exercise caution regarding unsubstantiated market rumors.
EdgeX stated in a post: “We have observed sudden and abnormal price fluctuations in the EDGE token and are actively investigating the cause. The team is urgently assessing the situation and will release an update as soon as relevant information is confirmed. Officially, users are reminded to rely solely on information released through EdgeX’s official channels and to exercise caution regarding unverified market speculation.” Earlier reports indicated that EDGE dropped over 70% briefly this morning, hitting a low of $0.36, and has since rebounded to $0.75.