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Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold
1.5.2024
The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits
RWA Tokenization Protocols Experience Explosive Growth, Surpassing $8 Billion in TVL
1.5.2024
Real-world asset (RWA) tokenization protocols have witnessed a remarkable surge over the past year, with the total value locked (TVL) in the sector reaching a new milestone.
The post RWA Tokenization Protocols Experience Explosive Growth, Surpassing $8 Billion in TVL appeared first on Cryptonews
Real-World Assets Hits New Peak With $8 Billion Locked, Reports Messari
1.5.2024
The total value locked (TVL) in real-world asset (RWA) tokenization protocols has seen a remarkable surge of almost 60% since February, reaching a new high of almost $8 billion as of April 26, according to a report by blockchain analytics and research firm Messari. This growth is attributed to...
RWA protocols are closing in on $8B total value locked: Messari
1.5.2024
The TVL across real-world asset tokenization protocols has surged almost 60% since February, says blockchain analytics firm Messari
Terraform Labs And Do Kwon Push For $1 Million SEC Fine Opposed To $5.8 Billion Demanded After Terra-Luna Crash
30.4.2024
Lawyers for Terraform Labs and its founder Do Kwon are pushing for a fine of $1 million as opposed to the United States Securities and Exchange Commission (SEC)’s proposed $5.3 billion, new court docs reveal. Kwon and the crypto company were found liable for the Terra-Luna collapse by a jury trial...
Lido Finance Just Hit 1M Validators, But Can DeFi Really Take Over TradFi?
29.4.2024
Lido Finance reaches a major milestone with 1 million Ethereum validators, solidifying its position as the largest DeFi protocol. The growth of liquid staking protocols like Lido is fueling DeFi expansion, raising concerns about centralization and the potential disruption of traditional financial sy...
Crypto on track to hit 1 billion users by end of 2025: Analyst
29.4.2024
More conservative estimates, from the likes of the Boston Consulting Group, predict that the crypto industry will reach its first billion users by 2030
Bitcoin ETF hits Australia after $53 billion grab
29.4.2024
The Australian finance market is prepared to witness a surge in Bitcoin exchange-traded fund (ETF) launches, similar to those in the US and Hong Kong. The country’s major players, including Van Eck Associates and BetaShares Holdings, are preparing to list their Bitcoin ETFs on the Australian...
BlockDAG’s presale soars past $21.3 million, outshining competitors DTX exchange and Raboo selling over 8.2 billion coins
29.4.2024
In the dynamic world of cryptocurrency, BlockDAG has emerged as a formidable leader, significantly outperforming other platforms like DTX Exchange and Raboo in the presale arena. With Batch 10 currently priced at $0.006 per coin, BlockDAG’s presale has successfully garnered $21.3 million...
Facebook Has Lost $1 Billion Every Month On VR Since June 2022
26.4.2024
Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...
Pantera Capital Targets $1 Billion for New ‘All-in-One’ Blockchain Fund Set for 2025 Launch
26.4.2024
Pantera Capital is planning to launch Pantera Fund V in April 2025, aiming to raise over $1 billion for investment in a diverse range of blockchain-based assets, representing a consolidation of its investment strategy into an ‘all-in-one’ fund. The new fund will include startup equity...
Pantera Capital Seeks to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
26.4.2024
Digital asset investment manager Pantera Capital reportedly aims to raise over $1 billion for a new fund that will provide investors with exposure to a wide range of blockchain-based assets.
The post Pantera Capital Seeks to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared...
Pantera Capital seeks $1B for a new crypto fund: Report
26.4.2024
The Pantera Fund V will invest in a range of blockchain-based assets and is slated for launch in April 2025
Boomers to pour $300B into crypto markets — Morgan Creek Capital
25.4.2024
Morgan Creek Capital CEO Mark Yusko believes the full impact of Bitcoin ETF adoption has yet to be realized as boomers gain more exposure to digital assets
Accomplice William Morro Arrested And Charged In OneCoin Crypto Fraud Case
25.4.2024
William Morro, an accomplice in OneCoin crypto fraud scheme, has been arrested by the United States Department of Justice for his role in the multi-billion dollar scam, Tuesday court documents reveal. He has charged with one count of conspiracy to commit bank fraud just weeks after co-conspirator...
Binance takes to burning more than $1.17 billion worth of BNB tokens
25.4.2024
Binance, a prime cryptocurrency exchange, has taken $1.17 billion worth of coins from circulation, amounting to 1.3% of the contained asset. For Binance, this is part of getting over its 27th quarterly BNB token burn exercise. This was not the burning of tokens related to the Pioneer Bum program. ...
Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024
25.4.2024
Digital asset technology firm Crossover Markets has released impressive performance data for Q1 2024 from its flagship digital assets platform, CROSSx.
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SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs
25.4.2024
The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and $545,748,909 in prejudgment interest. SEC Seeks Final...
XRP Price Prediction as Daily Trading Volume Surges Past $1 Billion – Is Ripple Making a Comeback?
24.4.2024
The XRP (XRP) Price has been falling back over the past two sessions, despite daily trading volumes surging above $1 billion for a third successive session.
The post XRP Price Prediction as Daily Trading Volume Surges Past $1 Billion – Is Ripple Making a Comeback? appeared first on Cryptonews
Coca-Cola Invests $1.1 Billion in Collaborative Generative AI Project with Microsoft
24.4.2024
On April 23, Coca-Cola and Microsoft signed a $1.1 billion five-year collaboration agreement to analyse and incorporate the tech company's cloud and artificial intelligence (AI) applications throughout the Coca-Cola giant's international operations.
The post Coca-Cola Invests $1.1 Billion...