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Latam E-Commerce Giant Mercado Libre Holds $40 Million in Crypto
10.5.2024
Mercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency, according to its Q1 2024 filings. The company disclosed that it held 412.7 bitcoin (BTC) and 3,041.6 ethereum (ETH), by March 31. However, Mercado Libre does not own these...
Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana
10.5.2024
In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African Crops Limited and Oldenburg Vineyards. Agridex...
Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom?
10.5.2024
With Grayscale holding steady and Bitwise recording significant $11.54 million in fresh inflows, the latest Bitcoin price prediction hints at a potential market turnaround.
The post Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom? appeared first on Cryptonews
Binance Fined Over $4 Million in Canada for Money Laundering Violations
10.5.2024
Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist financing laws. This penalty, equivalent to approximately $4.4 million, was levied after Binance...
Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC
9.5.2024
Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...
Robinhood Met With SEC 16 Times Before Wells Notice, CEO Vlad Tenev Says
9.5.2024
Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC. News of the meetings come as the crypto company's quarter 1 earning...
New meme sensation raised over $13 million – can it pump by x100?
9.5.2024
After the bearish period that followed the Bitcoin halving event, meme tokens are back on the map again. We sawmajor meme coins like Book of Meme (BOME), Dogwifhat (WIF), and Pepe (PEPE) all pumping well above 20% in the last week alone. But all of these coins have a big market cap already...
Core Scientific Records $211 Million Net Income in Q1 2024
9.5.2024
Core Scientific reports a turnaround with a net income of $211 million in the first quarter of 2024, marking a recovery from last year's financial losses with 2,825 self-mined Bitcoin.
The post Core Scientific Records $211 Million Net Income in Q1 2024 appeared first on Cryptonews
Trump Mocks ‘Boden’ Memecoin’s $240M Market Cap, BODEN Token Surges 25%
9.5.2024
Trump mocked “Jeo Boden” memecoin after hearing that the token reached $240 million market capitalization.
The post Trump Mocks ‘Boden’ Memecoin’s $240M Market Cap, BODEN Token Surges 25% appeared first on Cryptonews
BlockDAG elevates its game with $23.9 million presale, leaving Dogecoin and Stellar in the dust
9.5.2024
As the cryptocurrency landscape heats up, BlockDAG, Dogecoin, and Stellar are capturing investor interest, each standing out for unique advancements. Yet, it’s BlockDAG that’s currently stealing the spotlight with its innovative updates and impressive presale performance. With a...
Illegal XRP Exchange Operator Jailed for Eight Years in South Korea
9.5.2024
An illegal XRP exchange operator has been sentenced to jail for eight years in South Korea after duping investors out of almost $3.4 million.
The post Illegal XRP Exchange Operator Jailed for Eight Years in South Korea appeared first on Cryptonews
American Sports Stars Agree to $2.42 Million Settlement in Voyager Promotion Case
8.5.2024
Rob Gronkowski, Victor Oladipo, and Landon Cassill—three prominent American athletes—agreed to pay a total of $2.42 million to resolve claims in the Voyager promotional case on May 3.
The post American Sports Stars Agree to $2.42 Million Settlement in Voyager Promotion Case appeared first...
Crypto Trading Firm Arbelos Markets Raises $28 Million in Oversubscribed Investment Round
8.5.2024
Crypto principal trading firm Arbelos Markets has successfully raised $28 million in an investment round that was significantly oversubscribed.
The post Crypto Trading Firm Arbelos Markets Raises $28 Million in Oversubscribed Investment Round appeared first on Cryptonews
Last Chance to Buy Solana’s Greatest Multichain Meme Coin, $DOGEVERSE, In $17 Million Presale
8.5.2024
Wednesday, May 08, 2024 – There’s not long left now to buy Solana’s greatest multichain good boy Dogeverse before his month-long presale concludes. The $DOGEVERSE token has already taken in well over $13 million toward its $17 million presale target. Crypto’s latest Shiba Inu-inspired meme...
A Rare Piece Of Nintendo History Is Currently On Auction For Over $3 Million
8.5.2024
An original prototype of Nintendo’s Super Famicom, Japan’s (superior) version of the SNES, is currently up for auction and recent bids have already pushed the grey piece of gaming history north of $3.2 million. The “god-tier” nostalgia bait shows the market for retro collectibles can still be...
Sophon ZKSync hyperchain raises $60 million in node sale
8.5.2024
The entertainment-focused Hyperchain aims to provide a robust infrastructure for gaming, AI, and SocialFi-related protocols
Floki Price Prediction as Smart Money Pours $50 Million into Meme Coins – Is FLOKI the Next Big Crypto Winner?
8.5.2024
The Floki price has fallen by 7% in the past 24 hours, dropping to $$0.000169 as the cryptocurrency market suffers a 2% decline today. Floki Inu holds onto a 15% increase in the past week, although the meme token has lost 19% in the last 30 days, during a difficult period for the market...
Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets
8.5.2024
Stolen crypto funds tied to a recent $71 million wallet impersonation scam have started moving after six days.
The post Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets appeared first on Cryptonews
Shiba Inu whale dumps massive 2.15 million SHIB on Coinbase, price crash incoming?
8.5.2024
The Shiba Inu ecosystem is in a frenzy as three days ago, an unidentified whale dumped massive amounts of tokens into Coinbase, a top-tier exchange platform. The staggering number of Shiba Inu (SHIB) tokens offloaded immediately caused bearish speculations to fly among the coin holders and...
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
8.5.2024
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax obligations unknowingly, but maintained that others...