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Bitget reports $700M capital inflow in Q2, adds 2.9M users

11.7.2024
The exchange reported that its BTC, USDT, and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter

Tanzania Fintech Startup Nala Secures $40 Million via Series A Round

11.7.2024
Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based venture capital firm Acrew Capital. The funds will be used to bolster Nala’s business-to-business (B2B) payment platform and support its overall growth plans. New Funding...

VC Firm Hypersphere Reveals $130 Million Atlas Liquid Fund

11.7.2024
Venture capital firm Hypersphere has announced the launch of its new liquid fund, Atlas, managing over $130 million in assets. Atlas aims to capitalize on the inefficiencies in the young crypto markets through a diverse range of trading strategies. Hypersphere’s New Atlas Fund Aims to Target...

Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies

10.7.2024
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identified in a 2020 order. Citigroup Faces $60.6...

Satoshi Protocol Secures $2 Million Seed Funding to Build Universal Stablecoin for Bitcoin

10.7.2024
PRESS RELEASE. Satoshi Protocol, a pioneering project building a “universal” stablecoin designed specifically for the Bitcoin ecosystem, successfully closed a $2 million seed funding round in May 2024. Led by CMS Holdings and RockTree Capital, the round signifies strong investor...

Spot Bitcoin ETFs buy up $654M in BTC over 3 days

10.7.2024
Investors have piled into Bitcoin ETFs over the last three trading days, but it wasn’t enough to offset Germany’s BTC selling spree

Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million

10.7.2024
The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver 4.175 million FTM tokens or their equivalent...

Investors lose $1.6M after Doja Cat’s X reportedly hacked to promote scam coin

9.7.2024
A hacker reportedly posted to Doja Cat's X account telling fans to "buy $DOJA or else."

US Spot Bitcoin ETFs See Second Day of Inflows, Amassing $294.9 Million

9.7.2024
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced their second consecutive day of inflows, accumulating $294.9 million. Blackrock’s IBIT dominated the trading sessions, attracting $187.21 million in inflows. Blackrock’s IBIT Dominates With $187.21 Million Spot...

Multichain Foundation to pay $2.1M to Fantom for losses

9.7.2024
The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages

Bitcoin ETF investors buy the dip: Daily inflows hit $295M

9.7.2024
United States-listed Bitcoin ETFs have notched their biggest day of inflows in over a month amid a slump in the crypto markets

BlackRock tokenized treasury fund BUIDL reaches $500M

9.7.2024
BlackRock has hit the milestone less than four months after the launch of BUIDL in April

Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023

9.7.2024
The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in 2023, with 9% using crypto as rails to reach their...

German gov’t transfers another $900M in Bitcoin, adding to BTC’s selling pressure

8.7.2024
Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings

Core Scientific trades debt for equity, reduces $260M debt load

8.7.2024
Core Scientific’s stock performance triggers mandatory conversion of $260 million in secured convertible notes due in 2029

Metaplanet Announces Bitcoin Purchases Totaling Nearly $2.5 Million

8.7.2024
Metaplanet, a Tokyo-listed public company, has disclosed it has completed bitcoin purchases amounting to 400 million yen (almost $2.5 million). The company, which vowed to use bitcoin as a strategic reserve asset to navigate the uncertainties of the Japanese economy and the devaluation of the...