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Gemini Says Genesis Parent DCG Missed $630 Million Payment
22.5.2023
Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default
Bitcoin Blockchain Continues to See Growth in Ordinal Inscriptions and BRC20 Tokens
21.5.2023
As of Sunday, May 21, 2023, over 8.3 million Ordinal inscriptions have found their place on the Bitcoin blockchain, accompanied by a count of 24,677 BRC20 tokens. These new BRC20 tokens have also amassed a collective market capitalization of $483 million. Statistics reveal that over 1.3 million...
Africa and Asia-Focused Fintech Jia Raises $4.3 Million in Seed Funding Round
21.5.2023
Jia, a blockchain fintech startup, recently revealed it has raised $4.3 million in a seed funding round which was led by the early-stage consumer crypto fund TCG Crypto. Jia has said it will use the funds raised to bolster its Kenyan and Philippines operations. Later, Jia will also use the capital...
Luxury Auction House Sotheby’s Sells Portion of 3AC’s NFT Collection for $2.5 Million
21.5.2023
Sotheby’s, the luxury auction house, successfully generated $2.5 million through the sale of non-fungible tokens (NFTs) from the now-defunct crypto hedge fund Three Arrows Capital (3AC). Among the sold pieces was Fidenza #725, a digital collectible crafted by the artist Tyler Hobbs. This...
AI Meme Crypto AiDoge Hits $10 Million Raised - 70% Sold Out
20.5.2023
New AI powered meme generation tool AiDoge.com has now passed the $10 million mark in its ongoing presale, now over 70% complete.
The meme coin project, which introduces crypto’s first meme-to-earn model, has been generating a buzz in the crypto space. It is raking in funds at a brisk pace, having...
Bitcoin Voucher Provider Azteco Secures $6 Million Funding Round Led by Jack Dorsey
20.5.2023
On Thursday, California-based bitcoin voucher company Azteco revealed it had garnered $6 million in seed funding through a round spearheaded by Block, Inc.’s CEO and chairperson, Jack Dorsey. Azteco stated that the newly acquired capital would further its objective to “provide...
$3M worth of customer funds swiped via alleged Swaprum DEX rug pull
20.5.2023
Promptly after the funds went missing, Swaprum’s Twitter, Telegram and Github accounts were all deleted, however its website is still up
Sotheby's Auctions Part of 3AC's Rare NFT Collection, Bringing In $2.4 Million
20.5.2023
NFTs on the auction block this round included Tyler Hobbs’ Fidenza #725, Dmitri Cherniak’s Ringers #375, Autoglyph #187 and CryptoPunk #1326
Marathon and Brink Join Forces to Raise $1 Million for Bitcoin Core Developers
20.5.2023
Bitcoin mining company Marathon Digital Holdings and Brink, a nonprofit striving to support open-source Bitcoin development, recently revealed their collaboration to generate up to $1 million in funding for Bitcoin Core developers. Marathon pledged to match all contributions toward this cause...
Pseudonymous Creator Ben.eth Rakes in $7 Million in Suspicious Meme Coin Presale – Here's the Latest
19.5.2023
Pseudonymous NFT collector turned celebrity meme coin creator Ben.eth has raked in a huge more than $7 million in ETH sales in the past seven days via a presale of his next memecoin called $PSYOP.
Investors were eager to get in on Ben.eth’s latest meme coin project in wake of the success of...
Shiba Inu Price Prediction as Shibarium Beta Transactions Approach 10 Million – SHIB Adoption on the Rise?
19.5.2023
Shiba Inu (SHIB), the world’s second most popular and largest crypto meme token by market capitalization that lives as an ERC-20 token on Ethereum, has been range bound in the $0.00000850-0.0000090 area over the last few days.
The bears have been catching their breath after sending...
Bankrupt FTX Sues to Retrieve Over $240 Million from Trading Platform Embed
19.5.2023
The bankrupt crypto exchange FTX is taking legal action in an attempt to retrieve more than $240 million it paid for the stock trading platform Embed.
Embed was acquired by FTX’s American branch FTX.US in mid-2022, but representatives for FTX’s bankruptcy estate now say former company executives...
NY Attorney General Secures $4.3 Million Refund for Coin Cafe Customers Misled by Hidden Fees
19.5.2023
The New York Attorney General’s office has ordered crypto trading platform Coin Cafe to repay $4.3 million to users for charging hidden fees.
In a Thursday announcement, Attorney General Letitia James revealed that it has secured $4.3 million for Coin Cafe users after the company charged...
Ripple's $250 Million Acquisition of Swiss Blockchain Firm Metaco Marks Expansion into Tokenized Assets
18.5.2023
The American fintech Ripple has acquired the Switzerland-based blockchain firm Metaco for $250 million, marking its first entry into the asset tokenization field.
The acquisition was announced by Ripple on Wednesday, with the firm saying it expects the deal to help it expand its enterprise...
Hyperbitcoinization coming, says Bitcoin OG as 'wholecoiners' hit 1 million
18.5.2023
1 million Bitcoin wallets now have a balance of 1 BTC or more, but the real magic is yet to come, says Adam Back
LayerZero and Immunefi Announce Record $15 Million Crypto Bug Bounty Program
18.5.2023
LayerZero Labs, the development firm behind cross-chain messaging platform LayerZero, has announced a record-high $15 million bug bounty in partnership with the crypto-focused bug bounty platform Immunefi.
The huge bug bounty will be paid out to so-called white hat hackers who can identify...
This Viral AI Memecoin’s Presale is Fast Selling Out With $9 Million Raised – The Next Dogecoin?
18.5.2023
Viral artificial intelligence (AI) meme coin AiDoge’s presale continues to sell out rapidly, with fundraising efforts recently scorching past the $9 million mark, despite the presale having only launched a few weeks ago.
AiDoge, which observers say sits at the intersection between the meme...
Report: North Korea Affiliated Cybercriminals Stole $721 Milion Worth Crypto Assets From Japan
18.5.2023
Between 2017 and 2022, hacking groups affiliated with North Korea are thought to have stolen crypto assets worth $721 million from Japan alone. According to the findings of a study by Elliptic, hackers were primarily focused on Japan and Vietnam because operators from the two countries had...
DRC20 Tokens Take Dogecoin Community by Storm, Driving Record-Breaking Daily Transactions on the Network
17.5.2023
With the BRC20 token economy maintaining a market capitalization of nearly $500 million, the introduction of the DRC20 token standard has sparked a flurry of excitement within the Dogecoin community. The emerging token type has ignited a surge of activity, leading to a substantial increase in daily...
Bitcoin Startup River Raises $35 Million in Funding Round Supported by Billionaire Peter Thiel
17.5.2023
Amid the dwindling venture capital investing in the crypto and blockchain industry, Bitcoin start-up firm, River, has secured a $35 million Series B funding.
River took to Twitter to share its excitement about the development.
According to the announcement, a notable venture capitalist firm...