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A16z Crypto Adds IYK to Portfolio After $16.8 Million Investment in Web3 Startup
29.9.2023
IYK, a Web3 startup that provides tools to Adidas, Billionaire Boys Club, and Atlantic Records as clientele, has secured a seed round raise worth over $16.8 million.
Founder Ryan Ouyang shared this significant achievement on his official X (formerly Twitter) account, highlighting that...
Google and Microsoft-backed AI firm AlphaSense raises $150M at $2.5B valuation
28.9.2023
AlphaSense’s client list now includes most of the S&P 500 and nearly every firm listed in the Dow 50
Curve Founder Michael Egorov Settles $35.3 Million Debt Position on Aave Platform, $CRV Set for Bull Run?
28.9.2023
Michael Egorov, the founder of the decentralized finance (DeFi) protocol Curve, has recently paid off all his debt on the lending protocol Aave. Currently, he has a remaining debt of $42.7 million across four other DeFi protocols....
Read More: Curve Founder Michael Egorov Settles $35.3 Million...
Police Make 12 Arrests, Seize $1 Million in Cash and $9.8 Million in Assets in JPEX Case
28.9.2023
On Tuesday, Hong Kong police announced the arrest of 12 suspects in connection with the JPEX cryptocurrency exchange platform scandal.
During a press conference on Wednesday, Chris Tang Ping-Keung, the Secretary for Security of Hong Kong, reassured the public that the police are fully committed...
Gemini Reportedly Withdrew $280 Million From Genesis Before Crypto Lender Filed for Bankruptcy
28.9.2023
Tyler and Cameron Winklevoss owned Gemini exchange reportedly withdrew approximately $280 million from Genesis Global just months before the crypto lender initiated a freeze on customer deposits and ultimately filed for bankruptcy.
Genesis and Gemini had jointly offered an "Earn" program that...
Uniswap Foundation targets $62M in additional funding
27.9.2023
The Foundation plans to issue $15 million per year in community grants to fund DeFi projects
Hashkey HK opens AVAX trading with $1M portfolio requirement
27.9.2023
Only professional investors with a portfolio exceeding $1 million can invest in altcoins through regulated exchanges in Hong Kong
Mixin’s $20 Million Plea: Platform Transmits Onchain Bid to Reclaim Stolen Assets
27.9.2023
After a cyberattack resulted in a staggering $200 million loss from the decentralized exchange (dex) platform Mixin, the company revealed that its cloud service provider had been compromised. In a bid to recover the stolen funds, Mixin is now extending a $20 million reward to the hacker upon...
Mixin Network Proposes $20 Million Bug Bounty to Hacker in $200 Million Security Breach
27.9.2023
Mixin Network, the Beleaguered cross-chain transactional network for digital assets, which suffered an attack on Sept. 23 wiping $200 million, has offered a bug bounty to the exploiter on Wednesday.
“Most of our platform assets were users’, and we hope you can refund them. You can keep $20M of...
Web3 Lost Over $890 Million to Hacks and Scams in Q3 2023: Boesin
27.9.2023
Beosin EagleEye platform, a subsidiary of Beosin, a blockchain security audit company, revealed in a research report that Web3 lost approximately $890 million to various security breaches, phishing scams, and rug pulls in the third quarter of 2023.
Breaking down the losses, it was revealed that...
Gemini invests $24M for expansion in India
26.9.2023
Launched in May, the Gemini Gurgaon Hub has since added over 70 staff
HTX Hacker Makes Off With $8 Million
26.9.2023
Crypto exchange HTX experienced a security breach over the weekend that resulted in the loss of $8 million worth of crypto assets.
In a recent post on X (formerly Twitter), HTX stakeholder Justin Sun confirmed the news, detailing that the hacker managed to steal 5,000 ETH (worth around $8 million)...
Optimism Plunges 9.29% Ahead of $30 Million Token Unlock -What’s Going On?
26.9.2023
Ethereum layer 2 network Optimism faces headwinds as its price slumps nearly 10% in the week ahead of the planned token unlock on Sept 30.
At press time, the price of OP exchanges hands at $1.26 falling by 9.29% over the past seven days. After a sharp fall slightly above 3% yesterday, the token...
Layer 2 Network Optimism Announces $26 Million Airdrop to 31,870 Wallets
26.9.2023
Layer 2 network Optimism announced the third airdrop of OP tokens to 31,870 qualified addresses aimed at bolstering community participation.
In an announcement on X (formerly Twitter), the company stated that the airdrop will see it allocate 19.4 million OP tokens approximately $26 million...
Crypto Exchange Gemini Unveils $24 Million Investment Plan to Expand Presence in India
26.9.2023
Crypto exchange Gemini has unveiled plans to significantly expand its presence in India by investing INR 200 crore (approximately $24 million USD) over the next two years.
The move comes as Gemini inaugurates its office within the Cyber Hub at Campus Cyber Greens in Gurgaon.
Currently, Gemini...
Meme coin sensation Wall Street Memes ($WSM) begins tier-1 OKX listing today after raising nearly $30 million, and experts predict major price surge
26.9.2023
Meme coin sensation Wall Street Memes recently announced its tier-1 exchange listing debut with OKX, one of the world’s top-ranked exchanges. The industry’s most sought-after meme coin will be listed for trading on OKX from September 26th at 10:00 UTC. Wall Street Memes ($WSM) completed...
Is It Too Late to Buy Banana? BANANA Price Gains 18% as World’s First “All-in-One” AI Ecosystem Closes in on $4 Million
26.9.2023
Banana Gun, a Telegram bot designed to assist users in purchasing tokens on the Ethereum Network, has seen its token experience a volatile day in the market--with an 18% gain at one point--only to settle at a modest 2.57% increase later in the day. This raises questions about its short-term...
Liquid Staking Platforms Zoom Past 12 Million ETH With an Addition of 370,000 Ether in 5 Days
25.9.2023
In just five days, liquid staking platforms saw a surge of 370,000 ether in their ethereum holdings, breaching the 12 million ETH mark—rising from 11.94 million to a notable 12.31 million. Interestingly, Binance’s liquid staking token, WBETH, was the powerhouse behind this growth...
Huobi's Hot Wallet Reportedly Drained of $7.9 Million – What Happened?
25.9.2023
Global cryptocurrency exchange Huobi was the victim of a cyberattack that resulted in the theft of 5,000 ETH worth approximately $7.9 million.
CyversAlerts, a reliable crypto security company, was the first to report the attack.
The blockchain firm stated that the attack was successful due to...
$200M Mixin Network hack draws controversy
25.9.2023
Xiaodong Feng, Mixin's founder, immediately outlined a compensation plan but would only reimburse up to 50% of users' assets for now