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Bitcoin crashes below $53K wiping out $600M in leveraged longs
5.8.2024
A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply
South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise
5.8.2024
The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative returns while they remain in their homes. Regulated...
Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move
4.8.2024
In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month...
Whatsapp Warns It May Leave Nigeria Over Order to Pay a $220 Million Fine
3.8.2024
Whatsapp, the social media platform owned by Meta Inc., has stated that it would be impossible to comply with additional demands from Nigeria’s consumer protection agency. The social media platform argues that the Nigerian agency’s order compelling it to pay a $220 million fine contains multiple...
Crypto community slams WazirX’s 'socialized losses' plan after hack
3.8.2024
As WazirX navigates this crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community
Nintendo Plans To Sell Over 10 Million More Switches But No One Knows How
2.8.2024
The Switch is in its eighth year. That’s longer than any Nintendo system has gone without getting a successor. But the company is still bullish on the hybrid console’s future even as fans wait to hear about a Switch 2 as soon as this September. Nintendo is planning to sell over 12 million...
Polymarket $3.8 Million Venezuelan Presidential Election Bet Still Undecided
2.8.2024
Polymarket, the cryptocurrency-based prediction markets platform, has not been able to resolve the bet on the outcome of the Venezuelan presidential election. While the country’s electoral authority, the Electoral National Council (CNE), proclaimed President Nicolas Maduro as the winner,...
Hong Kong’s Largest Online Broker Launches Retail Crypto Trading for 22 Million Users
2.8.2024
Futu Securities International, Hong Kong’s largest online broker with 21.64 million users, has launched retail cryptocurrency trading. Hong Kong residents can now trade bitcoin and ether in either Hong Kong or U.S. dollars directly through Futu’s platform. “We are actively working...
MicroStrategy Adds 169 Bitcoin Worth $11.4 Million in July 2024
2.8.2024
MicroStrategy Incorporated (NASDAQ: MSTR) has revealed its Q2 2024 financial report, which states the company saw a substantial increase in its Bitcoin holdings. This quarter, the company has acquired a significant amount of Bitcoins, reflecting 12,222 in total and averaging $65,882 per bitcoin...
BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
1.8.2024
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024
BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
1.8.2024
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024
Arbitrum-based DuelNow receives $11M funding as Web3 betting heats up
1.8.2024
DuelNow is the latest in a string of Web3 gambling venture deals amid surging activity on Polymarket
Morpho secures $50M funding led by Ribbit Capital for onchain lending
1.8.2024
Morpho Labs has raised $50 million from over 40 investors, including Ribbit Capital, which also invests in Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap
Morpho secures $50M funding led by Ribbit Capital for onchain lending
1.8.2024
Morpho Labs has raised $50 million from over 40 investors, including Ribbit Capital, which also invests in Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap
India’s Digital Rupee Surpasses 5 Million Users, RBI Discloses
1.8.2024
India’s central bank, the Reserve Bank of India (RBI), has revealed that as of June, there were five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI emphasized that the digital rupee is designed to complement...
Hong Kong’s largest online broker launches Bitcoin and Ether trading for 22 million users
1.8.2024
The decision makes Futu Securities the first brokerage to directly offer Bitcoin and Ether trading to Hong Kong-based retail investors
Hong Kong’s largest online broker launches Bitcoin and Ether trading for 22 million users
1.8.2024
The decision makes Futu Securities the first brokerage to directly offer Bitcoin and Ether trading to Hong Kong-based retail investors
Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
1.8.2024
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin
Bungie CEO Seemingly Spent Over $2.3 Million On Classic Cars After Sony Acquisition
31.7.2024
Sony purchased Bungie, the original studio behind Halo and the maker of Destiny 2, for a whopping $3.6 billion in 2022. Following the sale, Bungie CEO Pete Parsons purchased over 20 classic cars in online auctions costing millions of dollars, according to his account on the website Bring A Trailer....
Daylight secures $9M funding for distributed energy, testnet launch
31.7.2024
Daylight’s testnet will allow users to plug in distributed energy devices such as smart thermostats, solar inverters, batteries, electric vehicles and chargers and energy monitors