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Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit
13.5.2024
Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy's ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month's halving event.
The...
Rain exchange suffered $14.1M in suspicious outflows 2 weeks ago — ZachXBT
13.5.2024
Several wallets reportedly belonging to Rain sent suspicious token transfers to a new address
MoonPay Donates $1 Million To Stand With Crypto Ahead Of 2024 Elections
13.5.2024
MoonPay is donating $1 million to digital advocacy group Stand With Crypto ahead of the 2024 elections, the company confirmed to Crypto News Monday. The crypto payment service provider's donation comes on the heels of news that Stand With Crypto has launched a PAC to dunk pro-crypto candidates...
Pudgy Penguins successfully sells over 1 million plush toys
13.5.2024
The CEO of Pudgy Penguins, Lucas Netz, informs the public that the company has managed to sell more than 1 million plush toys via multiple retailers. Netz, known to have studied till the tenth standard, took over the project in 2024, following its deliverance, and sold an enormous volume of Pudgy...
Pepe Rally: PEPE Price Climbs as Solana’s WienerAI Meme Coin Reaches $1.5 Million
13.5.2024
Popular meme coin Pepe Coin ($PEPE) has risen 2% in the last 24 hours as it continues outpacing all other leading meme coins in gains over the last fortnight. At today’s price of $0.058771, PEPE is 26% pricier than it was two Mondays ago. That makes it the top-performing meme coin over...
El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves
13.5.2024
El Salvador, renowned for its move to adopt Bitcoin as legal tender in September 2021, has now introduced a cutting-edge online platform for tracking its Bitcoin Treasury.
The post El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves appeared first on Cryptonews
WBTC thief returns $71 million worth of stolen funds
13.5.2024
On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before investigators got involved
Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency
13.5.2024
Onchain bitcoin analyst Willy Woo predicts that the leading cryptocurrency will reach the $1 million milestone within the next decade. During what he describes as “a time to be alive,” Woo anticipates witnessing a purge of central bank corruption. However, one of Woo’s...
Over One Million Pudgy Penguin Toys Sold in the Past Year
13.5.2024
The Pudgy Penguins NFT project has achieved a remarkable milestone, with more than one million Pudgy Penguin toys sold over the past 12 months.
The post Over One Million Pudgy Penguin Toys Sold in the Past Year appeared first on Cryptonews
Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case
13.5.2024
The Public Security Bureau of Panshi City in Jilin Province has cracked down on an illegal operation involving underground banks and virtual currencies.
The post Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case appeared first on Cryptonews
Pudgy Penguins sold 1 million plushies in 12 months, says CEO
13.5.2024
Physical versions of the popular Pudgy Penguin NFT collections are selling like hotcakes
Bitcoin whale wallets move $61M in BTC after a decade of dormancy
13.5.2024
The two wallets acquired a total of 1,000 Bitcoin more than 10 years ago — when BTC was worth $134 each
Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million
12.5.2024
On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive for over ten years and eight months, executed transactions totaling 1,000 bitcoins valued at approximately $61.1 million. It appears that both wallets, created on the same day, were owned by...
Match Systems Announces Recovery of $68 Million in Stolen Cryptex Crypto Assets
12.5.2024
Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AML) services, blockchain forensics, and investigations, recently announced the recovery of $68 million in stolen crypto assets from Cryptex, a cryptocurrency trading platform established in 2016. The specifics of...
Victim Recovers Funds After $71 Million ‘Address Poisoning’ Attack – Here’s What Happened
12.5.2024
A victim who fell prey to a sophisticated 'address poisoning' attack has successfully recovered almost all of the stolen funds, amounting to a staggering $71 million.
The post Victim Recovers Funds After $71 Million ‘Address Poisoning’ Attack – Here’s What Happened appeared first...
Bitcoin Miner Cleanspark’s Net Income Tops $126.7 Million in ‘Record-Breaking’ Quarter
11.5.2024
In the first quarter of 2024, Cleanspark, a U.S. bitcoin mining company listed on the stock market, reported revenues exceeding $111.8 million. The company’s net income for the same period was $126.7 million. Gary A. Vecchiarelli, the CFO of Cleanspark, partially attributes...
Wells Fargo Banks Has Invested $143 Million In Bitcoin, Filing Reveals
10.5.2024
Wells Fargo has bought Bitcoin after once preventing customers from doing the same many years ago.
The post Wells Fargo Banks Has Invested $143 Million In Bitcoin, Filing Reveals appeared first on Cryptonews
Crackdown on Crypto Investment Scam Leads to Massive Raids in Argentina: $100 Million Operation Uncovered
10.5.2024
The detainment of two Chinese and one Argentine national involved in a $1.25 million crypto investment scam led to the discovery of a $100 million operation in Argentina. According to local reports, the investigation resulted in the raid of a supermarket that was used as a facade for conducting...
Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030
10.5.2024
Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector
‘BBL Drizzy’ Coin Surges Amid Drake and Kendrick Lamar Feud as Another Coin Secures $13 Million
10.5.2024
Hip Hop is back with a bang in 2024, as industry legends Kendrick Lamar and Drake duke it out for the crown in an increasingly hostile rap battle – and Solana meme coin markets haven’t missed a beat, with new OVHoe (BBL DRIZZY) token skyrocketing. This article will provide an analysis of...