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Bittrex Processed $425 Million in Withdrawals Since April 1, Claims Attorney Amid Bankruptcy Proceedings
11.5.2023
The US and Maltese arms of crypto exchange Bittrex have processed $425 million in withdrawals since the platform announced plans to wind down US operations.
On Wednesday, Bittrex attorney Susheel Kirpalani reportedly told a Delaware bankruptcy court that the firm had not engaged in any negative...
Ethereum Bot Operated by Jaredfromsubway.eth Bags More Than $40 Million in Three Months
11.5.2023
An Ethereum bot run by pseudonymous crypto user Jaredfromsubway.eth has made $40 million in just three months by using a technique known as "sandwiching" on decentralized exchanges (DEXs).
The bot operated by Jaredfromsubway.eth is a so-called MEV bot designed to use “sandwiching” techniques...
China launches national blockchain center to train half a million specialists
11.5.2023
The institution will reportedly train more than 500,000 specialists in distributed ledger technology
Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million
11.5.2023
According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern District Court to seize assets owned by Do Kwon, the co-founder and former CEO of Terraform Labs. The report discloses that a total of 233.3 billion won ($176...
Billionaire Mike Novogratz's Galaxy Digital Crypto Firm Reports $134 Million Profit in Q1 2023 – Crypto Bull Market Back?
10.5.2023
Crypto bull Mike Novogratz’s firm Galaxy Digital reported a profit of $134 million in the first quarter of this year, missing analysts’ expectations.
Galaxy’s earnings per share (EPS) for the quarter came in at $0.55, missing an estimate by analysts of $0.76....
Read More: Billionaire Mike...
$60 Million in USDT and MASK Token Sent from Crypto Exchange OKX to Alameda Research – What's Going On?
10.5.2023
In a recent move, one of the leading digital asset exchange platforms, OKX, announced the transfer of substantial funds to Alameda Research.
The transfer involves $60 million worth of USDT (Tether) and MASK tokens.
Based on the report from a crypto analytics platform, Arkham Intelligence,...
Green Recycle-2-Earn Crypto Project Ecoterra’s Presale on Fire, Nears $3.5 Million as 10% Price Rise Approaches
10.5.2023
Green Recycle-to-earn (R2E) crypto project Ecoterra’s presale is on fire, with sales of $ECOTERRA nearing $3.5 million as investors rush to get in ahead of a 10% price rise.
With Ecoterra’s presale having only crossed the $3 million mark around five days ago, that means the environmentally...
AiDoge Blasts Past $5 Million Milestone as Presale Pump Continues, Just $300,000 to go Until Price Increase
10.5.2023
AiDoge.com, a viral new crypto project that sits at the intersection between the meme and artificial intelligence worlds, is absolutely crushing it right now.
The upstart project’s presale of its native $AI token continues to pump, hitting the $5 million milestone earlier in the day.
That means...
1kx leads the $9 million Seed Round for Pudgy Penguins
10.5.2023
Pudgy Penguins has made a major announcement, informing the community that it has successfully concluded the $9 million seed round. It was led by 1kx with the objective of helping Pudgy Penguins in scaling its IP segment and the team. Another objective of the seed round is to enhance its offerings...
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
9.5.2023
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against...
Dogecoin Price Prediction as $600 Million Trading Volume Comes In But Whales Say SPONGE is a Better Buy
9.5.2023
The price of Dogecoin (DOGE) has dropped by 2.5% in the past 24 hours, slipping to the $0.072517 as the market as a whole suffers a similar fall today.
DOGE's slide today compounds recent losses for the coin, which is now down by 8% in the past week and by 11% in the last 30 days, with the meme...
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...