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Major Crypto Crash Leads to $570 Billion Lost in Market Cap

6.12.2021
The recent bitcoin meltdown can be attributed to countries attempting to control online legal cash. The whole market value of cryptocurrencies was $3.7 trillion on Friday, but they are currently only worth $3.1 trillion. A total of $570 billion was lost in a single day. According to CoinDesk data...

Bitcoin Price Plunges; Crypto Market Loses $500 Billion

6.12.2021
Bitcoin price drops significantly on Saturday. More precisely, it loses 10% of its value within one hour. Overall, the world’s largest cryptocurrency is down by almost 18%. The cryptocurrency market cap dipped almost $500 billion, whereas BTC’s market cap crashed by almost $200 billion. Besides...

BitMart Loses $196M to Security Breach

6.12.2021
The crypto market recently witnessed a shocking incident as the well-known exchange, BitMart lost 196 million dollars to a security breach. A report by Coindesk stated that the crypto exchange lost $196m, which was originally said to be 150 million dollars. According to the report, the intruder...

Binance Smart Chain, Animoca To Bet USD 200M On Crypto Gaming Startups

6.12.2021
  Binance Smart Chain (BSC) has unveiled a USD 200m investment program developed in partnership with Animoca Brands, a company focused on non-fungible token (NFT) and gaming digital property rights - aiming to finance early-stage blockchain-based gaming startups. BSC is a blockchain network built...

Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss

6.12.2021
  Major centralized crypto exchange BitMart, which fell victim to a hack over the weekend and lost approximately USD 200m worth of digital assets, intends to compensate affected users and resume its operations.... Read More: Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss

Bitmart Says It Lost USD 150M In a Hack, Suspends Withdrawals

5.12.2021
  One of the top 30 crypto exchanges, Bitmart, confirmed it has lost around USD 150m in a hack today, December 5, and has temporarily suspended withdrawals until further notice. The company said they have identified "a large-scale security breach" related to one of their Ethereum (ETH)...

MetaGods Raises $3M Investment to Develop Play-to-Earn 8-Bit Action RPG

4.12.2021
PRESS RELEASE. MetaGods, the world’s first play-to-earn 8-bit action role-playing game built on the blockchain, has raised $3 million USD in funding from supporting investors. Numerous investors and partners have partnered with the initiative to combine blockchain technology and the fast...

Will Solana Cross the $300 Price Mark by 2021 End?

3.12.2021
Solana was launched in 2020; after that, it showed a mind-blowing performance the very next year. It emerged as the ‘Etehreum Killer’ just a few months after launch. Now it is gaining popularity in Defi, NFT and gaming sectors. And hence, the SOL price is ready to skyrocket.  Some good news about...

Avocado Guild Finishes Its $18 Million Series a

3.12.2021
Avocado Guild entered the metaverse in July 2021 with the goal of being the premier play-to-earn (P2E) supplier in the NFT gaming world and providing life-changing chances to millions of people. They are now a lot closer to realizing their ambition. They also revealed on December 3rd that they...

USD 1.2M Bid Placed on NFT Piece by Silk Road Founder Ross Ulbricht

3.12.2021
  A piece from the non-fungible token (NFT) collection by the Silk Road darknet market founder Ross Ulbricht has already fetched a bid of nearly USD 1.2m with days more to go. Ulbricht, currently in his ninth year of serving a double life without parole in a US federal prison, previously...

Metaverse Spurs USD 100M In Weekly Land Plot NFT Sales

2.12.2021
The demand for digital land in Meta (formerly Facebook)’s Metaverse are booming, with last week bringing USD 100m in non-fungible token (NFT) land sales, according to a recent report by dapp information provider DappRadar. The four leading virtual worlds, The Sandbox, Decentraland, CryptoVoxels...

Badger DAO Appears to Have Lost Over USD 62M in an Attack

2.12.2021
Badger DAO, a decentralized autonomous organization (DAO) that enables bitcoin (BTC) to be used as collateral across decentralized finance (DeFi) applications, has fallen victim to an exploit.  It was originally speculated that the project has lost over USD 10m worth of cryptoassets. However...

Ethereum (ETH) Is Aiming to Hit $4800 Levels

1.12.2021
Ethereum is the world’s second most popular cryptocurrency. The EEA (Enterprise Ethereum Alliance) comes up with big names such as Microsoft, JPMorgan Chase, Intel, and many other reputed companies. It is a blockchain-based platform and enables developers to build decentralized applications...

Wintermute Announces $20 Million Fund to Support Polygon Dapps

1.12.2021
The Background With a belief to decentralize the financial sector, Wintermute has been in presence since 2017. It sees the future of finance to be governed by technology instead of traditional players. Wintermute operates across the globe. Wintermute is an algorithmic trading firm. The regular...

Crypto.com To Boost US Presence With a USD 216M Deal

1.12.2021
Singapore-based crypto platform Crypto.com has announced its plans to acquire the North American Derivatives Exchange (Nadex), a US-based retail-focused, regulated online exchange and clearinghouse that offers derivative products on various markets, and the Small Exchange futures exchange, for...

MicroStrategy Spends Another USD 400M on Bitcoin

29.11.2021
Michael Saylor, the CEO of the US-listed software firm MicroStrategy, has announced that his company has purchased an additional BTC 7,002. The purchase marks yet another addition to the company’s already massive bitcoin holdings. The announcement was made by Saylor on Twitter Monday morning...

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