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SBF says he's amassed a $10 billion fortune in just three years in crypto
4.2.2021
FTX exchange CEO Sam Bankman-Fried is worth an estimated $10 billion according to a New York Magazineinterview
Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New Record
3.2.2021
Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020...
Gearbox Has Been Bought For $1.3 Billion
3.2.2021
Gearbox Studios, developers of games like Borderlands and also publishers of stuff like the new Homeworld titles, has been bought by Embracer Group, the same Swedish company that owns THQ Nordic and Koch Media.Read more
Asset Manager Values Bitcoin at $500K, Expects BTC to Be Worth More Than Gold, Sees Massive Institutional Interest
3.2.2021
One River Asset Management’s CEO says his firm now holds bitcoin worth “well over” $1 billion. He revealed that the institutional interest in bitcoin is “astounding,” noting that almost all major institutions in the U.S. are having discussions about the cryptocurrency....
pNetwork Launches Wrapped EOS on Ethereum to Connect the Two Biggest DeFi Ecosystems
2.2.2021
During the last year, Ethereum’s DeFi ecosystem has grown exponentially to form a multi Billion Dollar market. As Decentralized Finance expands, it becomes more and more relevant to have cross-chain connections that enable crypto assets to flow instantly and seamlessly across blockchain...
Crypto industry must keep scammers from stealing another $16 billion
2.2.2021
Crypto scams don’t just impact investors but the credibility of the industry as a whole, stagnating crypto’s progress
Robinhood Raises $3.4B Amid Growth Surge
1.2.2021
The round is the stock trading app's largest raise ever
Ripple and CEO Brad Garlinghouse Face Another Lawsuit Over XRP Crypto Being a Security
29.1.2021
Another class-action lawsuit has been filed against Ripple Labs and CEO Brad Garlinghouse. This lawsuit follows the one filed by the U.S. Securities and Exchange Commission (SEC) alleging that the defendants sold XRP, which it considers unregistered security, for over $1.38 billion. The lawsuit...
1INCH price rallies 30% as its monthly DEX volume nears $6 billion
28.1.2021
The total value locked at 1inch is closing in on $1 billion and the decentralized exchange aggregator has processed nearly $6 billion this month
Massive Gamestop Short Squeeze Highlights the Fragility of Today’s Financial System
27.1.2021
The bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street veterans lined up a mountain of short bets against the company’s...
Bitcoin held by public companies has surged 400% in 12 months to $3.6 billion
27.1.2021
Public companies hold more than $3.6 billion worth of Bitcoin, technology research Kevin Rooke found
Buying the Dip: Multibillion-Dollar Microstrategy Invests $10 Million More in Bitcoin
22.1.2021
Nasdaq-listed multibillion-dollar company Microstrategy has purchased more bitcoins. With the latest buy of the cryptocurrency worth $10 million, the company now holds 70,784 bitcoins in its treasury. Microstrategy’s Bitcoin Holdings Rise to 70,784 The Nasdaq-listed Microstrategy (NASDAQ:...
Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses
22.1.2021
Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses...
Multibillion Dollar Fund Manager Ruffer Sees Long Trend of Institutional Bitcoin Adoption
21.1.2021
British investment management firm Ruffer has revealed that its bitcoin holdings now account for about 3% of its entire portfolio of approximately $29 billion. The firm believes that we are “at the foothills of a long trend of institutional adoption and financialization of bitcoin.”...
Major Darknet Marketplace for Stolen Cards Shuts Down After Making Over $1 Billion in Bitcoin
20.1.2021
The longest-running marketplace for stolen credit cards on the darknet has announced the shutting down of its services. The administrator of Joker’s Stash, founded in 2014, stated that the site would be taken down in February. Site Generated Over $1 Billion in BTC ‘Over the Past...
Is $1 billion a day in volume the 'new normal' for Uniswap?
20.1.2021
Uniswap could be averaging $1 billion in daily trade volume soon with the majority of trades occurring between Ethereum and stablecoins
Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion
19.1.2021
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have...
Crypto Prices Consolidate, Handful of Altcoin Markets Pop, Bitcoin Accumulation Addresses Rise
18.1.2021
The price of bitcoin and a number of digital assets have been consolidating this week, after a number of crypto markets dropped over 25% the week prior. The entire crypto-economy is hovering just below the $1 trillion mark at $987 billion, gaining 1.3% during the last 24 hours. Crypto Asset Markets...
Paypal to Earn $2 Billion in Revenue From Its Bitcoin Business, Says Analyst
17.1.2021
Mizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment giant’s overall revenue will climb 20%. Dolev says there has been a “dramatic increase in engagement due...
Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
17.1.2021
Russia is now holding more gold than U.S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U.S....