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Biggest Movers: Near Surges by Over 25% on News of an Upcoming Stablecoin
8.4.2022
NEAR rallied by over 25% on Friday, as speculation grew that Near Protocol was set to create a rival stablecoin to Terra’s UST. LUNA fell on the news, as Terra labs plans to purchase around $100 million worth of AVAX, in order to strengthen its own reserves. Near Protocol (NEAR) NEAR was...
Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve
8.4.2022
Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra...
Canadian Musician Grimes Reveals ‘Intergalactic Children’s Metaverse Book’ at Avalanche Summit
27.3.2022
At the Avalanche Summit in Barcelona, the Canadian musician and record producer Grimes announced she plans to launch an “intergalactic children’s metaverse book.” Grimes’ children’s metaverse book project is part of a $100 million initiative started by...
UAE Venture Capital Firm Launches $100 Million Seed Fund for Blockchain and Crypto Projects
26.3.2022
Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), gamefi, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates (UAE)-based venture...
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program
17.3.2022
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with...
Inflation Hedging Coin Has Announced an International Video Production Contest
15.3.2022
PRESS RELEASE. IHC token team just announced a contest of video content creation with a prize pool of 100 million IHC tokens among Youtubers. All Youtube content creators with above 5k subscribers can compete by posting a full explanatory video on “Inflation Hedging Coin” between...
Cake DeFi Launches $100 Million Venture Across Web3, Esports, and Fintech Spaces
10.3.2022
Cake DeFi is a DeFi (Decentralised Finance) services firm based in Singapore. The firm has declared to launch a $100 million venture arm committed to serving as accelerators for Web 3.0, non-fungible tokens (NFTs), gaming, esports, and other cryptocurrency initiatives. Cake DeFi Ventures has newly...
Ukraine Has Received Close to $100 Million In Crypto Donations
9.3.2022
Ukraine's president "shares our vision" that the use of crypto could be an "economic breakthrough," according to the country's deputy minister at the Ministry of Digital Transformation
Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients
21.2.2022
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on...
Fireblocks to Acquire Crypto Payment Platform for a Reported $100 Million
20.2.2022
Digital asset custody service provider Fireblocks has announced it will acquire First Digital, a fellow Israeli company, for $100 million. The acquisition, which is said to be Fireblocks’ first, comes less than three weeks after the company revealed it raised $550 million in Series...
Maple Finance’s Loan to Alameda Research Loan Reaches $100 Million
18.2.2022
Maple finance made an announcement about the loan to Alameda Research reaching $100 million. Alameda Research received the third tranche of the loan, which accounts for nearly half of the entire loan amount so far. The lending pool reached this milestone just after a few months since the approval...
Ethereum Web3 Wallet Rainbow Raises $18 Million From Alexis Ohanian’s Seven Seven Six
16.2.2022
The team behind the Ethereum wallet Rainbow announced the project has raised $18 million in a Series A funding round led by Alexis Ohanian’s venture capital firm Seven Seven Six. The new financing that follows the startup’s $1.5 million seed round will allow Rainbow to focus...
First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties
15.2.2022
The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S....
SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law
14.2.2022
The penalty comes after months of heightened regulatory attention to crypto lending platforms
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Volatile Following Super Bowl
14.2.2022
Cryptocurrencies were initially in the red to start the week, despite several crypto firms securing lucrative Super Bowl ad slots. Over 100 million viewers watched the “crypto bowl” advertisements, however bitcoin prices started lower on Monday. Bitcoin BTC/USD is lower for a fifth...
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund
3.2.2022
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established...
Vitalik Buterin to Use $100 Million From Crypto Relief’s SHIB Funds to Accelerate Covid Relief Efforts
30.1.2022
Ethereum co-founder Vitalik Buterin has unveiled how he will use $100 million in cryptocurrency from India’s Covid Crypto Relief Fund (Cryptorelief) to accelerate relief efforts and “bring great benefit to Indians and non-Indians.” The crypto is part of the Shiba Inu funds...
Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance
8.1.2022
Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed....
Riot Games Reaches $100 Million Settlement In Gender Discrimination Lawsuit
28.12.2021
Back in 2018, former Riot Games employees Melanie McCracken and Melanie McCracken and Jes Negrón filed a class action suit against the League of Legends publishe over endemic gender-based discrimination and fostering a “men-first” environment. A settlement has now been reached.Read more
Matrixport Founder Jihan Wu Believes Crypto Space Will Swell to ‘Tens of Trillions of Dollars’
24.12.2021
Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and the following August, Wu’s firm Matrixport raised $100 million and joined the crypto industry’s growing list...