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Faze Clan Going Public In Deal That Is Somehow Worth $1 Billion


Fresh off a big crypto scam involving a number of its members only four months ago, Faze Clan announced today that the group is about to become a publicly traded company, meaning fans will soon be able to buy shares. Their initial valuation? Oh, $1 billion.Read more

Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme


Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The electric car company reported a bitcoin-related impairment of $51 million in the quarter. Meanwhile, CEO Elon Musk tweeted a meme showing the price of bitcoin...

DeFi Crosses $100 Billion Mark as Cryptos Surged


DeFi recently surpassed the $100 billion mark. According to data provided by DeFi Pulse, Bitcoin’s historic rise helped lift the asset value utilized in decentralized financing beyond 100 billion dollars for the very first time. The figure was calculated by multiplying the balance of Ethereum...

FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware


FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions...

S Korean Crypto Trading Has Eclipsed Stock Market Activity by USD 389 Billion


South Korea’s crypto sector may have taken a battering at the hands of regulators of late, but the number of crypto investors in the nation has grown exponentially – to the point where the cumulative worth of transactions on the nation’s four biggest crypto exchanges has outstripped domestic stock...

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