- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Numerai Initiates Strategic NMR Buyback Program
BlockBeats News, July 17th, according to official sources, Numerai stated that NMR is a fixed-supply token with a total supply cap of 11 million. As Numerai pays out NMR to data scientists from its treasury, there are currently only about 3 million NMR left in the treasury. Once depleted, staking and rewards distribution will no longer be sustainable.
Therefore, Numerai has announced that it will execute a $1 million worth of NMR buyback on the open market. To conduct this buyback as transparently as possible, they have engaged with the Coinbase Institutional team, who will assist in facilitating the purchase. They do not wish for the buyback to disrupt the NMR market in any way, so Coinbase will place orders at the buy price or near the buy price level. This means that the buyback may take some time to complete.
You may also like
Who is the true winner of the "Tokenization" narrative?
Moss: The Era of AI-Traded by Anyone | Project Introduction
Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.
Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.
AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition
When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer
Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1
$100 Billion Factory Purchase: Bezos and Middle Eastern Capital Shift AI Money from Cloud to Shop Floor
Xiaomi and MiniMax both unleash their ultimate moves, signaling the start of the Agent Pricing War.
Predicting markets has taken the spotlight, but the Perp DEX has been quietly waging war on traditional exchanges.
Is the Market Slump Still Making Millions a Day? Is pump.fun's Revenue Real?
Understanding x402 and MPP in One Article: The Two Paths of Agent Payments
Quick Look at the Latest 18 Graduation Projects from Alliance: Who's the Next Pump.fun?
It's not just the prediction market that profits from the Iraq War
Who is the true winner of the "Tokenization" narrative?
Moss: The Era of AI-Traded by Anyone | Project Introduction
Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.
App