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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...
BlockchainSpace Lands $2.4M in Strategic Funding to Onboard 20,000 New Guilds in the P2E Metaverse
30.11.2021
BlockchainSpace, a guild hub for play-to-earn (P2E) communities, announced a $2.4 million strategic funding round today. Coming hot on the heels of last month’s seed round, the funds will be used to onboard the next 20,000 guilds worldwide and accelerate growth in the rapidly expanding NFT gaming...
Colony Raises $18.5 Million To Fuel Next-Gen Applications In The Avalanche Ecosystem
30.11.2021
Colony, a community-driven accelerator, is evolving into a decentralized autonomous organization that’s aiming to generate rapid growth in the Avalanche ecosystem, announcing it has raised $18.5 million in seed funding. The round was led by The Avalanche Foundation and saw participation from Shima...
Crypto.com and Silvergate enable institutions to buy and sell crypto with USD
30.11.2021
Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo
MonoX Team Confirms Exploit, USD 30M+ Might Be Stolen
30.11.2021
Around USD 31m seems to have been stolen from decentralized finance (DeFi) platform MonoX....
Read More: MonoX Team Confirms Exploit, USD 30M+ Might Be Stolen
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...
Cathie Wood Predicts $560K Bitcoin Value in 5 Years
29.11.2021
Despite the crypto market’s constant fluctuations, several experts are showing immense faith. The latest example of the movement is Cathie Wood, who sees Bitcoin reaching 560,000 dollars in five years. The CEO of Ark Invest is substantially optimistic about crypto, estimating over 800% growth...
Rare Axie Infinity Land Changes Hands for USD 2.3M as Metaverse Prices Soar
26.11.2021
Another multi-million dollar piece of digital land has changed hands as metaverse virtual real estate prices continue to skyrocket. The latest chunk of virtual property cost its new owners a staggering USD 2.3m worth of ethereum (ETH).
The official Axie Infinity site tweeted:...
Read More: Rare...
Crypto Donors Pay $1Million in Fees for a Failed Bid
25.11.2021
A group of cryptocurrency donors had come forward to purchase a rare copy of the US Constitution. Not only did the group fail to proceed with the purchase, but it also was compelled to pay $1 million in fees. The group of around 17,000 crypto donors grabbed the limelight when they attempted to...
Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin
24.11.2021
The Inter-Miami CF (IMCF) Major League Soccer (MLS) star Kieran Gibbs has announced the player plans to convert half of his salary into bitcoin. Gibbs will leverage the crypto finance firm XBTO in order to convert his salary and avoid heavy fees. Inter-Miami CF’s Left-Back Kieran Gibbs...
Tokens.com Buys USD 2.8M Worth of Virtual Land in Upcoming Fashion District
24.11.2021
Tokens.com, a publicly-traded company that invests in revenue-generating digital assets, has acquired 116 parcels of virtual land within Decentraland's metaverse, which is reportedly the largest metaverse land acquisition to date.
Each parcel corresponds to 52.5 square feet of virtual land, making...