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Court: FTX spent $400 million on the acquisition of its European branch
13.7.2023
The goal behind an overpriced buyout of the Swiss company was to get a proper European license
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
13.7.2023
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek...
Leveraged Yield Protocol Rodeo Finance Initially Loses $1.7 Million in ‘Force-Investment’ Hack
13.7.2023
Rodeo Finance, a leveraged yield protocol on Arbitrum, was on July 10 a victim of a “force-investment” hack in which almost $1.7 million was reportedly stolen. According to Rodeo Finance, about $810,000 has been recovered so far and there are plans to freeze the stolen funds. Protocol...
US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins
12.7.2023
On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar amount of bitcoins associated with Silk Road....
Is It Too Late to Buy Solana? SOL Price Pumps Up 18%, and AI Crypto Signals Platform yPredict Approaches $2.9 Million
12.7.2023
Solana's native token, $SOL, is signaling positive market sentiment and has increased above the $18 price level.
Based on data from CoinMarketCap, the digital asset has experienced a remarkable 18% increase over the past few days as it hovers at a $22 price mark.
This surge has generated...
Bitcoin Exodus: Over 855,000 BTC Withdrawn From Exchanges Since July 2020
12.7.2023
According to current data, about 2,086,034 bitcoins were held on exchanges as of July 11, 2023. This figure is 154,160 bitcoins less than the number held on centralized trading platforms 72 days earlier, on April 30. The number of bitcoins on exchanges has significantly dropped since July 31, 2020...
Eco-Friendly Crypto Ecoterra Raises $6 Million as Global Investors Flock to the New Recycle2Earn Platform – Less Than 48 Hours Left
11.7.2023
The eco-friendly crypto project has raised a whopping $6 million investment from early investors as it gears towards the last lap of its burgeoning presale.
Its $ECOTERRA token has piqued the interest of global investors looking to invest in the next biggest asset before it launches on public...
Why Threads Got 100 Million Users When Other Twitter Rivals Could Not
11.7.2023
Network effects and ease of use rule the day. And, a lot of people clearly don’t care about decentralization and privacy all that much, says CoinDesk’s Emily Parker
Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding
11.7.2023
Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...
Crypto Sleuth Claims YouTuber 'Blue' Used NFT Drainer Tech to Carry Out $1.5 Million Scam
11.7.2023
Crypto sleuth ZachXBT has alleged YouTuber known as Blue or Jack used NFT drainer tech Monkey and other similar services to steal $1.5 million.
ZachXBT’s investigation revealed that the YouTuber was involved in multiple crypto scams and stole millions of dollars.
Before turning to crypto scams...
Pepe Coin is Going to Zero as PEPE Price Falls 20% in a Week and Thug Life Token Just Raised Almost $1 Million With Less Than 7 Days Left
11.7.2023
The price of Pepe Coin (PEPE) has risen by 4% in the past 24 hours, although its move to $0.00000152 today still means that it's down by nearly 20% in the past week.
And while PEPE is actually up by 60% in the last 30 days, it remains down by 64% since hitting an all-time high of $0.00000431...
Homer Simpson Meme Coin Pumps Up 30,000% But Experts Say it is a Scam While New Meme Coin Wall Street Memes Just Raised $13.9 Million
10.7.2023
Up over 30,000% in the past 24 hours, a new $HOMER token is the biggest crypto gainer today - however, according to DEXTools' audit, has a blacklist function.
That means some wallet addresses might not be able to trade normally, DEXTools explains.
As a result, some crypto experts are warning that...
Web3 AI-Intelligence Platform yPredict’s Product Rollout Going From Strength to Strength as $YPRED Presale Surges Towards $3 Million
10.7.2023
Monday 10 July - Industry-leading AI-powered web3 market intelligence platform yPredict’s product rollout is going from strength to strength.
yPredict recently launched the platform’s first AI-powered tool, its Backlink Estimator.
The free preview of the tool was a remarkable success, receiving...
Solana Price Prediction as $400 Million Trading Volume Comes In – Time to Buy?
10.7.2023
Despite nearly $400 million in trading volumes coming in on Monday as per CoinGecko, Solana (SOL) is down just over 1.0% on the day.
SOL/USD was last trading around $21 per token, nearly 7% lower versus weekend highs in the $22.50 area.
Solana, the cryptocurrency that powers the high-performance...
Decentralized Fiverr and Upwork Alternative Secures $1.5 Million in Presale Funding – Next Big Thing?
10.7.2023
DeeLance is making waves in the crypto space as its native token, $DLANCE, has reached a significant milestone of $1.5 million in presale funding.
This remarkable achievement has garnered attention from retail and institutional investors, who are drawn to its potential as the next crypto asset...
Voyager Digital Sees $250 Million in Net Outflow Since Resuming Withdrawals
10.7.2023
Bankrupt crypto lender Voyager Digital has seen more than $250 in net outflow since it resumed withdrawals on June 23, a year after it filed Chapter 11 and halted withdrawals.
As per data from Dune Analytics, the platform currently holds $176 million worth of cryptocurrencies.
Voyager Digital...
Tom Brady Lost $30 Million in FTX Stock After Exchange’s Collapse, Report
9.7.2023
Former National Football League (NFL) quarterback Tom Brady has reportedly lost tens of millions of U.S. dollars in stock of the failed crypto exchange FTX. Brady is one of several celebrities sued by FTX customers for their endorsements of the collapsed crypto trading platform. Brady and Bündchen...
NFT Sales Witness 23% Decline This Week, Ethereum Dominates With $130 Million in Sales
8.7.2023
During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs accounting for $130.77 million. NFT Sales Take a Hit:...
Multichain Breach Forces Circle to Freeze $63 Million in USDC
8.7.2023
USD Coin (USDC) issuer Circle has frozen $63 million belonging to three wallet addresses associated with the hack of the cross-chain bridge platform Multichain.
In a Friday tweet, security firm PeckShield revealed that Circle has frozen $27.65 million, $30.1 million, and $5.5 million in three...
Pop Icon Taylor Swift Signed $100M Deal With Crypto Exchange FTX, New Reports Claim
8.7.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, did sign an agreement with bankrupt cryptocurrency exchange FTX, new reports claim. However, FTX executives reportedly convinced former FTX CEO Sam Bankman-Fried (SBF) to reconsider and abandon the $100-million deal with Swift. Taylor Swift...