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Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize
3.5.2024
Blackrock, the largest asset management company in the world, has led a strategic funding round of $47 million in Securitize, a capital markets digitalization company. The round, which had the participation of other financial markets and crypto native companies, shows Blackrock is betting on...
Hundred Finance Hacker Transfers Stolen Funds After A Year Of Inactivity
2.5.2024
Following a year of inactivity, the hacker known as Hundred Finance, who was behind the $7.4 million cryptocurrency theft, reappeared on May 1 and began transferring cryptocurrency assets out of Curve's decentralised exchange.
The post Hundred Finance Hacker Transfers Stolen Funds After A Year...
Ex-Starknet and Yuga Labs Execs Join Kraken-backed $100M L1 Nibiru Chain
2.5.2024
Nibiru Chain, a $100 million Layer 1 blockchain, has announced two senior hires from Yuga Labs and Starknet Asia as part of its Asia expansion.
The post Ex-Starknet and Yuga Labs Execs Join Kraken-backed $100M L1 Nibiru Chain appeared first on Cryptonews
Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi
2.5.2024
In April 2024, Web3 lost over $53 million through 21 incidents, a 46% decrease from the previous period.
The post Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi appeared first on Cryptonews
FBI Busts $43M Crypto and Las Vegas Hospitality Ponzi Scheme
2.5.2024
The FBI arrested New York resident Idin Dalpour for defrauding investors of $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.
The post FBI Busts $43M Crypto and Las Vegas Hospitality Ponzi Scheme appeared first on Cryptonews
Former FTX Europe Head Sets Record with $1.5M Purchase of Titanic’s Richest Passenger’s Gold Pocket Watch
2.5.2024
Patrick Gruhn, the former head of FTX Europe, has acquired a gold pocket watch from the Titanic for nearly $1.5 million, marking the highest amount ever spent at auction on a piece of Titanic memorabilia.
The post Former FTX Europe Head Sets Record with $1.5M Purchase of Titanic’s Richest...
Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance
2.5.2024
Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability...
Riot Platforms Reports $211.8M Q1 2024 Net Income, Falls Short of Revenue Expectations
2.5.2024
Bitcoin mining firm Riot Platforms has announced a remarkable net income of $211.8 million for the first quarter of 2024, a staggering 1,000% increase compared to the same period last year.
The post Riot Platforms Reports $211.8M Q1 2024 Net Income, Falls Short of Revenue Expectations appeared...
Bitcoin miner Riot Platforms reports record $211M Q1 net income
2.5.2024
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine
Solana’s Greatest Multichain Meme Coin Dogeverse Bags $13 Million In Ongoing Presale
1.5.2024
Wednesday, May 01, 2024 – An ongoing presale for Solana’s greatest multichain good boy Dogeverse ($DOGEVERSE) has taken in $13 million so far, with at least $2 million flooding into the ICO in the five days since it deployed on Solana. Crypto’s latest Shiba Inu-inspired funny token...
Roger Ver Arrested for $50M Tax Fraud
1.5.2024
The United States Department of Justice announced $50 million tax fraud charges against early Bitcoin investor Roger Ver, known by many as ‘Bitcoin Jesus.’
The post Roger Ver Arrested for $50M Tax Fraud appeared first on Cryptonews
RWA Tokenization Firm Securitize Secures $47 Million Investment Led by BlackRock
1.5.2024
Securitize secures $47M from BlackRock & others to expand RWA tokenization efforts to digitize capital markets using blockchain technology.
The post RWA Tokenization Firm Securitize Secures $47 Million Investment Led by BlackRock appeared first on Cryptonews
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
1.5.2024
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves...
Magic: The Gathering Card Sells For Record-Breaking $3 Million And Fans Don’t Believe It
1.5.2024
You don’t have to have ever played Magic: The Gathering to be familiar with its mythical Black Lotus: a powerful card from the game’s first set that now routinely fetches eye-popping amounts in the collectible market. But no Black Lotus, no matter how pristine or rare, has ever sold for $3 million....
Pike Finance Exploit Leads to $1.6M in Stolen Cryptocurrency
1.5.2024
Decentralised finance (DeFi) lending protocol Pike Finance smart contract vulnerability led to $1.6 million in stolen funds over three days.
The post Pike Finance Exploit Leads to $1.6M in Stolen Cryptocurrency appeared first on Cryptonews
BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace
1.5.2024
BAXUS secures $5 million led by Multicoin Capital to scale its web3-enabled platform for trading collectible spirits, increasing accessibility and transparency for global liquor collectors.
The post BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace appeared first on Cryptonews
Mollars Token Presale Extended As First Crypto Exchange Confirms It Will Launch
1.5.2024
Mollars token presale has had an exhilarating 2024, becoming the top verifiable cryptocurrency initial coin offering. Transparent with their ICO wallet addresses, every bit of the 1.2-million-dollars raised thus far is able to be verified by investors as it surpasses 67% sold out.
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Losses from crypto hacks plunge 67% in April to $60 million
1.5.2024
The amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April
Pike Finance exploited for $1.6M in second incident in 3 days
1.5.2024
A smart contract vulnerability led to nearly $2 million worth of lost funds within three days on Pike Finance, which is offering a 20% reward for the stolen assets
Tether Invests $200 Million in Blackrock Neurotech, Launches Evo Division
1.5.2024
Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a new business division for the company that will examine investments in initiatives...