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A16z Crypto leads $10 million seed round for Azra Games
22.2.2023
Azra Games has announced raising $10 million in the recent seed round, bringing the total seed fund to $25 million. The recent funding round was led by A16z Crypto, welcoming participants like Coinbase Ventures, NFX, and Franklin Templeton. Funds raised from the round will be directed by Azra Games...
Hong Kong's Web3 Sector Gets HK$50 Million Boost in Annual Budget – Here's the Latest
22.2.2023
In line with the Chinese city’s plans to establish itself as a leading crypto hub in Asia, Hong Kong’s authorities have unveiled plans to set aside HK$50 million (US$6.4 million) in the territory’s 2023-2024 budget with the aim to boost the capacities of its Web3 sector....
Read More: Hong Kong's...
Bungie Wins Over $4 Million In Lawsuit Against Destiny 2 Cheat Developer
21.2.2023
Bungie’s two-year legal battle against a Destiny 2 cheat maker finally concluded last week. The judge agreed that cheat maker AimJunkies had violated Bungie’s copyright and ordered it to pay over $3.6 million in damages and $700,000 in legal expenses.Read more
Superchain Network Raises $4M to Build Decentralized Data Indexing Protocol
21.2.2023
The $4 million combined seed and pre-seed round included participation from Blockchain Capital, Maven 11 and other investors
Bosch partners in $100 million Web3 development foundation
21.2.2023
Global technology firm Bosch partners in the launch of a new foundation, committing $100 million to a Web3, AI and IoT grant program
$200 Million Galois Crypto Hedge Fund Shuts Down as Half of Assets Stuck on FTX Exchange – This is What Happened
21.2.2023
Crypto hedge fund Galois Capital has closed its flagship fund after losing almost half of its capital in the FTX collapse, and later selling the claim to the assets.
The hedge fund confirmed the news in a Twitter thread on Monday where it said “it is true that our flagship fund is shutting down.”...
Crypto Shilling Costs Yet Another Celebrity A Million Dollars
20.2.2023
Yet-to-collapse cryptocurrency, EMAX, has just gotten another celebrity in hot water. Short for EthereumMax, the bullshit scheme was promoted on Twitter by former NBA player Paul Pierce, except he rather forgot to say he was being paid hundreds of thousands of dollars for doing so. As reported...
Crypto Hedge Fund Galois Shuts Down After Losing $40 Million to FTX: FT
20.2.2023
Galois co-founder said the fund has halted all trading as it is no longer viable post-FTX
Democrats to Return 2.2% of $45.2 Million Donation Made by FTX’s Co-Founder Sam Bankman-Fried
19.2.2023
After the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million,...
Terra Luna Classic Price Prediction as $100 Million Trading Volume Comes In – $1 LUNC Incoming?
19.2.2023
In the world of cryptocurrencies, Terra Luna Classic (LUN) has been making waves recently, as its price has been on the rise following a surge in trading volume. With the volume of trading reaching $100 million, many investors are speculating that the price of LUN could reach $1 in the near...
Shiba Inu Price Prediction as $300 Million Trading Volume Comes In – Are Whales Buying?
18.2.2023
Shiba Inu's price prediction has become a topic of interest as its trading volume reaches $300 million. Investors are wondering if this surge in trading activity is due to the buying activity of large investors, commonly known as "whales".
As the market speculates about the future of Shiba Inu's...
NFT Sales Surge Over 43% in Past Week, Topping $397 Million
18.2.2023
Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions. NFT Sales...
Norwegian Authorities Seize Crypto Worth $6M From Axie Infinity Heist With FBI’s Help
18.2.2023
Norwegian authorities, in collaboration with the Federal Bureau of Investigation (FBI) and the U.S. Department of Justice (DOJ), have allegedly seized about $6 million that was stolen in last year’s Axie Infinity heist. “It is the biggest crypto seizure Norwegian police have ever...
NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens
17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million....
Solana Price Prediction as $800 Million Trading Volume Floods In – Here's Where SOL is Headed Now
17.2.2023
Solana (SOL), the cryptocurrency that powers Solana’s high-performance smart-contract-enabled blockchain, saw an impressive $830 million in trading volumes on Thursday, according to data presented by crypto analytics platform Token Terminal. That was the second-highest daily trading volume in...
Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs
17.2.2023
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm’s fleet. Cleanspark CEO Says...
Binance Accused of Moving $400 Million from U.S. Partner to CEO's Trading Firm in Secret Scheme – Here's the Latest
17.2.2023
Binance has moved more than $400 million from its purportedly independent U.S. partner to a trading firm managed by the company's CEO Changpeng Zhao.
Over $400 million flowed from the Binance.US account at California-based Silvergate Bank to Merit Peak, a trading firm linked to CZ, over the first...
Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea
17.2.2023
Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s...
Stanford Alumni Revealed as Co-Signers of FTX Co-Founder’s $250M Bond
16.2.2023
According to the latest court documents in the fraud case involving former FTX CEO Sam Bankman-Fried in Manhattan, the New York judge presiding over the case unsealed the co-signers of Bankman-Fried’s bond on Wednesday. The names of the two bail bond co-signers that were previously redacted...
Prevu3D raises $10 million in a funding round led by Cycle Capital
16.2.2023
Prevu3D happened to have been successful in securing a loan amount of $10 million through a Series A round. This was duly led by Cycle Capital. It also brought in some of the previous investors of the entity, such as Brightspark Ventures and Desjardins Capital. Incidentally, where Cycle Capital...