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Hacked Japanese Crypto Exchange to Raise 50 Billion Yen to Repay Customers


DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay customers after a significant security breach resulted in the loss of 4,503 bitcoins. The BTC leaked from the platform’s wallet on May 31. To ensure full...

62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize


According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon garnered $60 million in a node sale, with Securitize following closely, raising...

Cryptic NEAR Protocol X Posts Raise Hack Suspicions


Morse code, cryptic messages, and a redesign of Near Protocol's Official X profile have left users concerned that they have been hacked. The post Cryptic NEAR Protocol X Posts Raise Hack Suspicions appeared first on Cryptonews

First quarter crypto deals raise $2.5bn, a ‘lacklustre’ 29% gain


The cryptocurrency industry has suffered a plunging situation for three quarters in a row, but has remarkably made a comeback. In Q1, a year ago, a record number of crypto companies raised about $2.5 billion in venture capital. This represents a massive leap of 29% in financial investment, as well...

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