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Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder
4.2.2023
As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including...
Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion
4.2.2023
Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s valuation rise to over $1 billion which reportedly makes...
Activision Did Nothing Wrong, Will Pay $35 Million Settlement
3.2.2023
Activision Blizzard will pay the Securities Exchange Commission $35 million to settle charges that it violated workplace misconduct reporting rules and whistleblower protections. The Call of Duty publisher admits no wrongdoing in the case, which comes less than two years after a bombshell lawsuit...
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
3.2.2023
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As...
Addressable Raises $7.5 Million to Help Web3 Marketers Reach Their Audiences
3.2.2023
Addressable, a decentralized marketing startup, has raised $7.5 million in its seed round to tackle the current marketing woes in the Web3 area. The company claims its software can pair the onchain addresses of users with their social accounts, giving Web3 marketers more knowledge about their...
The BonqDAO Protocol loses $120 million to an oracle breach
3.2.2023
The crypto community faces another grim situation as BonqDAO announced a $120 million breach. A recent oracle breach put the protocol at risk, and the attacker changed the price of ALBT. In addition, the attacker minted huge amounts of BEUR, which were later used to swap for other tokens....
Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
3.2.2023
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s...
Cardano Price Forecast as $600 Million Trading Volume Floods In – Can ADA Reach $1?
2.2.2023
The cardano price has risen by 6% in the past 24 hours, surging to $0.404805 as the coin's 24-hour trading volume surpasses $600 million. This is its highest in nearly two weeks, with ADA also up by 8% in seven days and by 59% in a month....
Read More: Cardano Price Forecast as $600 Million Trading...
Cardano Price Forecast as $600 Million Trading Volume Floods In – Can ADA Reach $1?
2.2.2023
The Cardano price has risen by 6% in the past 24 hours, surging to $0.404805 as the coin's 24-hour trading volume surpasses $600 million. This is its highest in nearly two weeks, with ADA also up by 8% in seven days and by 59% in a month....
Read More: Cardano Price Forecast as $600 Million Trading...
$120 Million Exploit: AllianceBlock Token Price Manipulated in Oracle Hack – Here's What Happened
2.2.2023
Self-sovereign financial services provider BonqDAO suffered $120 million in losses after a hacker exploited its oracle to manipulate the price of AllianceBlock tokens.
In a Thursday tweet, blockchain security firm PeckShield revealed that BonqDAO’s oracle was manipulated and used to increase...
NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase
2.2.2023
Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in...
XRP Price Prediction as Ripple On-Demand Liquidity Product Surpasses $200 Million XRP Tokens Sold – XRP Pump Incoming?
1.2.2023
The XRP price has gained by 1% in the past 24 hours, reaching $0.402474 after Ripple published its Q4 Markets Report. Its current level marks a 3.5% increase in a fortnight and an 18% rise in the last 30 days, with Ripple's latest report revealing that it sold just over $220 million in XRP in...
Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million
1.2.2023
Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment...
Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital
31.1.2023
On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately...
Cardano Price Forecast as $400 Million Trading Volume Comes In - Can ADA Recover to $3 in 2023?
31.1.2023
Cardano price holds strongly against the US dollar while exchanging hands at $0.374. ADA, the token powering the Cardano ecosystem, is up 52% in 30 days and has managed to hold onto a 7% increase in value over the last 14 days....
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Oh Baby Games boosts the initial release with a $6 million seed round
31.1.2023
Oh Baby Games has announced raising $6 million through a seed fundraising round that was co-led by eGirl Capital and Synergis Capital. The news comes ahead of the launch of its first kart title, What The Kart. Other participants included Merit Circle DAO, gmjp, Kevin Lin, Santiago Santos,...
Deep dive: Shell Shockers' multi-million $ web game success
30.1.2023
Also: interesting Hype Curve research & lots of discovery news
Blockchain Scaling Project Sovereign Labs Raises $7.4 Million in Seed Round
30.1.2023
The fundraise was led by Haun Ventures and included Maven 11, 1KX, Robot Ventures and Plaintext Capital
North Korean Hackers Launder Staggering $27 Million in Ethereum from Recent Harmony Bridge Attack: Here's What You Need to Know
30.1.2023
In the aftermath of last year’s attack against the cross-chain bridge provider Harmony, North Korean hackers, who are widely blamed for the incident, are believed to have just finished laundering some ETH 17,278, worth more than $27 million, according to industry observers. ...
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FlokiFi locker crosses $9 million in TVL
30.1.2023
Floki is soon looking to burn a major portion, and inventors are pooling their resources ahead of the deadline. The goal is to get on board before the great act goes live. This has pushed the total value locked to more than $9 million, an increase of 127% in just four days. The increase reportedly...