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Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
9.5.2023
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging...
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
9.5.2023
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of...
How did this video game Kickstarter raise $1.4 million?
8.5.2023
Also: why you should keep up on forum posts, and lots of discovery news
Ethereum Price Prediction as The Ethereum Foundation Sells $30 Million Worth of ETH – Will the ETH Price Crash?
8.5.2023
Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, has been under strong selling pressure in the last three days.
ETH/USD was last trading around $1,830, down over 2.0% on Monday and down more than 9% from last week’s highs to the north of the $2,000 level....
While Crypto Prices Crash, AiDoge Meme Coin Pumps Up $1 Million in 24 Hours – Are Whales Buying?
8.5.2023
Cryptocurrency markets have been suffering from broad selling pressure since Saturday.
Bitcoin (BTC), which reached nearly as high as $30,000 on Saturday, has since reversed more than 6.5% lower and was last trading to the south of the $28,000 level....
Read More: While Crypto Prices Crash, AiDoge...
AiDoge Presale Nears $4 Million Milestone, $1M Raised Today
8.5.2023
AI based memecoin AiDoge’s crypto presale has gone into overdrive and raised a massive $1 million in just the last 24 hours.
That means the up-and-coming memecoin project, which utilizes generative AI technology in its viral meme-making social media platform, has now raised more than $3.8 million...
Crypto Mining Entities in Kazakhstan Paid $7 Million in Taxes in 2022 – Next Crypto Hub?
8.5.2023
The government of Kazakhstan collected around $7 million in taxes from cryptocurrency mining entities last year.
Kazakhstan has received 3.07 billion tenges (almost $6.9 million) in tax payments from crypto miners in 2022, the country's State Revenue Committee of the Ministry of Finance...
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...