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DEUS Finance Stablecoin Hack Leads to $6 Million Loss – Here's What Happened
8.5.2023
DeFi protocol DEUS Finance lost more than $6 million in a hack over the weekend which exploited a vulnerability in the stablecoin DEI, but a large chunk of it has now been recovered.
According to blockchain security firm PeckShield, the attack targeted DEUS Finance’s own stablecoin DEI on...
Syrian Crypto Dealer Freed From Kidnappers Who Demanded Ransom of Over $1.1 Million
8.5.2023
Spanish law enforcement recently nabbed three individuals who befriended and eventually kidnapped a Syrian cryptocurrency dealer. Following their arrest, the kidnappers, who were demanding a ransom of over $1.1 million, were found in possession of weapons and fake identity documents. Syrian Crypto...
Crypto startups raise approx $52 million in the past week
8.5.2023
For a significant amount of time, the climate surrounding crypto startup companies has appeared bleak and depressing. Recently, however, it seems that the tide has turned in their favor, as they were able to raise approximately $52 million last week. Earlier this week, they raised more than $118...
Pepe Coin Price Prediction as $750 Million Trading Volume Comes In – Are Whales Buying?
8.5.2023
The Pepe Coin price has fallen by 13.5% in the past 24 hours, with its drop to $0.00000227 also representing a 47% dive since the new meme token reached an all-time high of $0.00000431 on Friday.
Despite this decline, PEPE remains up by over 200% in the past week and by more than 600% in the past...
Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round
8.5.2023
The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficiently and deliver “excellent customer experiences.” Plugging Gaps in Payment Processes...
Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days
7.5.2023
Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million. More Than 13,000 BRC20 Tokens Built...
AiDoge.com Meme Coin Presale Raises $2.5 Million, The Next PEPE Coin, TURBO or $SPONGE?
7.5.2023
Sunday May 7th 2023 – AI coin mania is rocketing as AiDoge.com raises $2.5 million while blasting through its presale stages.
In the past 48 hours $1 million has poured into meme-generating platform AiDoge ($AI). Investors are jumping over each other to buy tokens at the lowest prices.
There...
US-Based Bitcoin Focused Startup Fedi Raises $17 Million in Series A Funding Round
6.5.2023
Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating system.”...
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
6.5.2023
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy while increasing its tax burden. Miners Face Higher...
Major Media Outlets Seek Release of 9 Million FTX Customer Names Despite Scam Fears – What's Going On?
5.5.2023
Major media outlets such as The New York Times, The Financial Times, and Bloomberg have asked the court in FTX’s bankruptcy case to hand over a list containing the names of millions of FTX customers.
In total, the lists the media outlets are asking to get access to contains the names of some...
Bitget Crypto Exchange Invests $10 Million in Blockchain4Youth to Boost Web3 Education Globally
5.5.2023
Crypto exchange Bitget announced the launch of a Web3-focused corporate social responsibility (CSR) project, with plans to invest millions in nurturing young talent for the future of crypto adoption.
The project, called Blockchain4Youth, "aims to create a blockchain future by empowering...
Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Is Now the Best Time to Buy SHIB?
5.5.2023
The Shiba Inu price has dropped by 1% in the past 24 hours, falling to $0.00000993 as the cryptocurrency market suffers a similar but smaller dip.
SHIB's price means it has dropped by 3% in the past week and by 11% in the last 30 days, while the meme token has gained by 22% since the beginning...
Trader Predicts the Shiba Inu, Pepe & Wojak Price Explosion, Makes $1 Million Profit
5.5.2023
Twitter crypto analyst @lookonchain tracked one account that is really good at buying meme coins early, and the right ones.
Not only did the crypto expert make over a million dollars profiting from the Shiba Inu bull run back in 2021 - and still holds some of that SHIB - he's been holding PEPE...
Former Coinbase CTO Loses $1 Million Bitcoin Bet, Warns About US Hyperinflation
4.5.2023
Coinbase’s former chief technology officer Balaji Srinivasan has settled his bet from March that Bitcoin would reach $1 million in just 90 days, while warning the public that he still believes hyperinflation is coming.
“I just burned a million to tell you they're printing trillions,” Srinivasan...
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
4.5.2023
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...
BRC20 Token Standard Sparks Frenzy in Bitcoin Community With Market Cap Surpassing $95 Million
3.5.2023
As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token standard known as “Bitcoin Request for Comment,” or BRC20, has garnered substantial attention in the past week. With 10,487 BRC20 tokens built using...
Global Law Enforcement Agencies Dismantle Darknet Marketplace Monopoly Market, Arrest 288 and Seize $53.4 Million
3.5.2023
On May 2, 2023, Europol announced a collaborative effort between law enforcement agencies from the U.S., Europe, the U.K., and Brazil culminated in 288 arrests, along with the confiscation of 850 kg of illegal drugs, 117 firearms, and $53.4 million in cash and cryptocurrencies. This joint venture...
FTX Investor Temasek Bets $10 Million On New Scalable Algorithmic Currency – Here’s How It Works
2.5.2023
Temasek, a Singapore government-owned firm, is doubling down on its crypto investment strategy with a $10 million injection into Array, a new scalable algorithmic currency that utilizes artificial intelligence and smart contracts.
Despite suffering significant losses through its exposure to...
Dogecoin Price Prediction: Can Doge Hit $1? Not Before AiDoge Raises $1 Million
1.5.2023
Dogecoin price rejection from highs around $0.0952 could spell doom for investors this week unless support at $0.075 remains intact. The largest meme coin, boasting nearly $ 11 billion in market capitalization is trading at $0.0786, down 3% on Monday.
Elon Musk’s most beloved cryptocurrency is...
Anonymous Facebook Page Tips Love Hate Inu As Best Crypto To Buy Now & Potential Next Shiba Inu To 11 Million
1.5.2023
The popular Facebook page Anonymous has posted the massive gain of a Shiba Inu investment that changed $8,000 to $5.7 billion ROI.
The activist speculated that a recently trending meme coin, Love Hate Inu, might be the next asset with such growth potential. Notably, Anonymous made this...