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CMCC Global Splashes $100 Million on Blockchain Fund Focused on Asian Startups
4.10.2023
Asia-based blockchain venture capital (VC) firm CMCC Global has announced the launch of its Titan Fund, committing $100 million to support blockchain startups in the region.
Founded in 2016, CMCC Global is one of the first Asian VC firms focused solely on the blockchain ecosystem.
As announced...
Su Zhu's $36M mansion transformed into eco-farm post-3AC collapse: Report
4.10.2023
The 3AC co-founder purchased the Singaporean bungalow in March 2022, shortly before the hedge fund collapsed
Is Bitcoin Cash Going to Zero? $300 Million Trading Volume Sends BCH Price Down 7% as New Bitcoin Project Secures $400,000
4.10.2023
Bitcoin Cash (BCH) has undertaken a -7.71% retracement move to test accumulatory support at the 20DMA, but with price action tumbling - is Bitcoin Cash going to zero?
The downside shift comes amid declining trading volume for BCH, which has dropped -48.19% overnight, to a lowly $246k....
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Sam Bankman-Fried Lost Half a Million Dollars Everyday After Alameda Launched, Michael Lewis Claims
4.10.2023
The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm
FTX's $500 Million Investment in OpenAI Rival Offers Hope for Creditors as Anthropic Eyes $2 Billion Funding from Google
4.10.2023
FTX's $500 million investment in Anthropic in 2022 could potentially become a game-changer for creditors after OpenAI rival revealed its intention to raise another $2 billion from Google and other firms.
According to The Information report, Anthropic is currently in discussions with various...
Promoters and Attorney of $100 Million Crypto Mining Ponzi Scheme Sentenced to Prison
4.10.2023
Three individuals involved in a global fraud and money laundering operation linked to the cryptocurrency scheme, AirBit Club, have received prison sentence, Department of Justice revealed in a press release.
Scott Hughes, an attorney who played a key role in laundering approximately $18 million...
Royal Thai Police Retrieves $277 Million From Fraudsters With Binance’s Help
3.10.2023
The Cyber Crime Investigation Bureau (CCIB), an arm of the Royal Thai Police, has announced the successful retrieval of $277 million (about 10 billion THB in local currency) in digital funds from internet fraudsters, all thanks to its collaboration with the Binance exchange. ...
Read More: Royal...
Sam Bankman-Fried's Deal with Tom Brady: $55 Million for 20 Hours of Work
3.10.2023
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...
Suspicious Activity: FTX Hacker Moves 22,500 ETH Worth $37 Million – What's Going On?
3.10.2023
In a series of concerning transactions, the hacker or group of hackers believed to be behind last year’s infamous FTX hack has moved millions of dollars’ worth of stolen crypto.
In the past few days, the so-called FTX hacker has transferred 22,500 Ether (ETH), equivalent to about $37 million...
From Half a Million to 27K: Bitcoin’s Transaction Backlog Set to Clear for First Time in Four Months
3.10.2023
It’s been a captivating four months since Bitcoin’s mempool last emptied, and with the recent downturn in Ordinal inscriptions this month, the backlog now holds a mere 27,210 unconfirmed transactions. Bitcoin’s Transaction Backlog Nears End as Ordinal Inscriptions Wane A little...
You Can Pilot Your Very Own Transformable Mecha Suit For A Cool $3 Million
3.10.2023
A Tokyo-based robot manufacturer is selling a pilotable mecha robot that looks like it came straight out of Mobile Suit Gundam (or Patlabor if you’re really cool) for a whopping $3 million.Read more
Lido, Coinbase, and Rocket Pool Corner 89% of Ethereum’s Booming $20 Billion Liquid Staking Market
3.10.2023
Since 2020, applications for liquid staking on the Ethereum blockchain have seen steady growth, and as of the first week of October 2023, a total of 23 liquid staking derivatives (LSD) platforms hold 12.4 million ether, valued at over $20 billion. Currently, the top three LSD protocols hold sway...
Crypto Products Record $21 Million Inflows, Solana Leads Altcoin Resurgence
3.10.2023
Digital asset products recorded inflows of $21 million for the first time after six consecutive weeks of outflows.
An Oct. 2 market report released by CoinShares show a change in the tide in crypto investment products amid the bear market that continues to wear down asset prices, miner profits...
Future of payments: Visa to invest $100M in generative AI
3.10.2023
Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993
Trump Lawyer Sports Gamer Laptop At $250 Million Fraud Trial
2.10.2023
Today is the first day of former president Donald Trump’s $250 million fraud trial in New York. A case brought by the state’s attorney general accuses the Republican primary frontrunner of lying about his net worth by billions of dollars to try to secure more favorable loan terms. One of...
Tether Treasury receives two $50M USDT lump sums from Bitfinex
2.10.2023
Two transactions showed lump sums of $500,000,000 in USDT being transferred from Bitfinex to the Tether Treasury only a few minutes apart
FTX Heist: Hacker Shifts $51M in Ethereum as Former CEO Preps for Trial
2.10.2023
After the FTX hacker transferred 5,000 ethereum (ETH) valued at $8 million in purloined assets, the cybercriminal shifted an additional 25,000 ether, totaling $43.15 million. Yet, even after relocating tens of millions of dollars in ethereum, the FTX wallet drainer still holds a whopping 155,749...
September 2023 Marks Record-High Crypto Exploits with $329 Million Stolen: Report
2.10.2023
On September 30, CertiK confirmed that a total of approximately $332 million had been lost to various exploits, hacks, and scams throughout September....
Read More: September 2023 Marks Record-High Crypto Exploits with $329 Million Stolen: Report
Brazil to Issue Digital IDs for Its 214 Million Citizens Using Blockchain Technology
2.10.2023
Brazil is set to issue digital identification documents for its more than 214 million citizens using blockchain technology.
The states of Rio de Janeiro, Goiás, and Paraná will be the first to adopt this new system, utilizing a private blockchain developed by Serpro, Brazil's national data...
Bitcoin Ordinal Inscriptions Cool Down After Historic Peak
1.10.2023
Bitcoin Ordinal inscriptions have tapered off markedly since September 24, 2023, following a historic peak on September 15. This deceleration emerges as inscriptions nestled within the Bitcoin blockchain verge on the notable 35 million milestone. A Look at Bitcoin’s Recent Inscription Decline...