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Mastermind Behind India's $24 Million Crypto Fraud Flees Country


The mastermind behind a massive $24 million crypto fraud scheme in India has managed to evade Indian security agencies and escape from the country. The criminal, identified as Subhash Sharma, fled the nation just as authorities were closing in on him, authorities confirmed to local media. ... Read...

SBF’s Multi-Million Dollar Jets Set for Forfeiture


Embattled founder and CEO of defunct exchange FTX Sam Bankman-Fried (SBF) is on the cusp of suffering another series of major losses.  According to a court document submitted to the Southern District of New York, his multi-million dollar private jets are on the verge of being forfeited. The...

CD Projekt Red Spent Over $120 Million Saving Cyberpunk 2077’s Reputation


Cyberpunk 2077’s highly acclaimed and massive expansion, Phantom Liberty, almost feels like its own game. That’s probably because the developers behind the expansion spent over $60 million on developing Phantom Liberty and $21 million on marketing it, bringing the total cost of producing the DLC...

Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange


Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange.  At the time, Binance was primarily a spot crypto exchange, and the idea of a futures-only platform was a deviation from its existing...

Blackbird raises $24 million in Series A Round led by a16z


Blackbird Labs has raised $24 million in Series A Round. The funding was led by a16z with the objective of revolutionizing the way in which the restaurant industry serves its loyal customers. Other participants were Bolt by QED and Amex Ventures. Moving forward, Blackbird will offer innovative ways...

CMCC Global launches $100 million fund


CMCC Global has launched the 4th Titan Fund, worth $100 million. This speaks volumes, considering Hong Kong has been experiencing a bit of a winter with investments in the crypto industry. The fund led an investment in Mocaverse, a brand that was launched in December last year with Animoca Brands....

Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work


Sam Bankman-Fried had agreed to pay sports icon Tom Brady $55 million for just 20 hours of his time annually over a span of three years. Despite Bankman-Fried's reported lack of interest in sports, he entered into lucrative partnerships with Brady and his then-wife Gisele Bündchen, appointing them...

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