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Galaxy Digital books $860M in net comprehensive income in Q1
17.5.2021
Twelve months earlier, the company recorded a comprehensive loss of $26.9 million
Lawsuit Claims Onecoin’s ‘Cryptoqueen’ Ruja Ignatova Holds 230,000 Bitcoin
14.5.2021
One of the ringleaders of the largest crypto Ponzi schemes, Onecoin’s Ruja Ignatova, otherwise known as the “Cryptoqueen,” allegedly owns 230,000 bitcoin worth over $11 billion today. Court documents filed by victims of the Onecoin scheme indicate that she received the bitcoins...
Official Remittances to Nigeria Plummet by Almost 40% in a Year When Crypto Use Surged
14.5.2021
According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important...
Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding
14.5.2021
The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum metaverse Decentraland. Big Time Studios aims to bring...
Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion
14.5.2021
While most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in existence is roughly $96 billion. The Rise of Fiat-Pegged Stablecoins Crypto assets like...
Tether Reaches 30 Billion USDT Issued on Tron
13.5.2021
Tether, the largest stablecoin by market cap, has reached a milestone by issuing 30 billion USDT on top of the Tron blockchain. While the stablecoin is now present on several chains, including BSC (Binance Smart Chain) most of it is now on Tron due to the blockchain’s low transaction fees...
Official Remittance Inflows to Zimbabwe Surged to $1 Billion After Covid-19 Restrictions Forced Migrants to Use Formal Channels
13.5.2021
Cross border remittances into Zimbabwe surged to $1 billion in 2020, more than a 36% increase from the $636m that was recorded in 2019. This surge in remittances occurred despite the “steep decline in economic activity in host countries, which in turn made it difficult for migrants in...
Vitalik Buterin Donates $1B Worth of Shiba Inu Tokens to India’s Crypto Covid Relief Fund
13.5.2021
On Wednesday, Ethereum’s Vitalik Buterin took control of his stack of Shiba Inu, a dogecoin ERC20 token, and donated more than 1 billion dollars worth of the currency to India’s Crypto Covid Relief Fund. The fund is an initiative that seeks to help people suffering from the covid-19...
Cointelegraph Consulting: Aave’s avenue to over $11 billion in TVL
12.5.2021
Breaking down Aave protocol’s usage and its liquidity mining program as the platform’s TLV doubles in under a month
Ether breaks $500 billion market cap for first time
12.5.2021
Bitcoin broke a $500 billion market capitalization in late December 2020
Over 67,000 Fusions: Cashfusion Participants Have Fused Billions of Dollars in Bitcoin Cash
10.5.2021
While some crypto users have been leveraging privacy-centric digital assets like monero, others still use mixing protocols that shuffle unspent transaction outputs (UTXOs) from coins like bitcoin, ethereum, and bitcoin cash. Participants using the Bitcoin Cash network utilize applications like...
African Exchange, Quidax Processes Over $3.2 Billion in Transactions, Announces Global Expansion
10.5.2021
PRESS RELEASE. Cryptocurrency exchange, Quidax on Monday, 10th May officially shared plans to expand beyond Africa to the global market. They also announced the launch of their native token, QDX and revealed plans to reposition as the global home of BEP20 tokens. Quidax is a cryptocurrency exchange...
Latam Based Exchange Bitso Gets Unicorn Status After $250 Million Funding Round
7.5.2021
Bitso, one of the biggest cryptocurrency exchanges in Latam, has reached unicorn status after a funding round that managed to raise $250 million with the participation of some big names in the cryptocurrency world. The company announced it would use these resources to expand its operations and keep...
Democratizing Defi Data- Dechart DAO Launches Version 1.0 Trading Platform
6.5.2021
On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion. Much of this money is used by decentralized exchange (dex) platforms and liquidity pools. With dex platforms capturing over $2 billion in trade volume daily and $18 billion during the last...
Bitso reportedly becomes Latin America’s first billion-dollar crypto exchange
5.5.2021
The startup has a total value of $2.2 billion following its latest Series C investment round
Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top $1.5 Billion
5.5.2021
According to Paxful, a peer-to-peer trading platform, Nigeria’s cryptocurrency traded volumes on the platform topped $1.5 billion in the first four months of the year 2021. This figure represents almost a third of Paxful’s global total volume of $5 billion. This latest traded volume...
Galaxy Digital to Buy BitGo for About $1.2B in Stock, Cash
5.5.2021
The acquisition comes as Galaxy Digital plans a U.S. listing later this year
The $70B Meme Coin Market: Dogecoin Skyrockets Past a Half Dollar, DOGE Market Cap Eats Into BTC Dominance
4.5.2021
The popular meme-based crypto-asset dogecoin has seen incredible gains during the last 24 hours jumping over 40% since yesterday. After just recently capturing a $50 billion market valuation, Dogecoin’s market cap now exceeds $71 billion. Moreover, the meme-coin has been eating away...
Epic Spent $1 Billion On PC Exclusives By 2019
4.5.2021
As the trawl through Epic’s court documents continues, another figure jumps out: $1 billion—the amount Epic had spent on securing exclusives by 2019.Read more
Fortnite Made Over $9 Billion Between 2018 And 2019
3.5.2021
Today, the trial between Epic and Apple finally began after nearly nine months of legal filings and pre-trial hearings. During the court proceedings, new documents surfaced providing more data on how these companies operate. For example, we now know that Fortnite made $9,165,000,000 in...