Search
FTX locates $1 billion in assets with $720 million in cash amidst the bankruptcy
21.12.2022
FTX continues to fight for a rebound amid its bankruptcy issue. Meanwhile, the new management has announced allocating $1 billion in assets with $720 million in cash. The objective is to resolve the financial shortcomings of the platform by accessing several bank accounts. As per the shared update...
Pods proudly complete a $5.6 Million seed round
20.12.2022
Pods, the popular DeFi company, recently announced raising over 5.6 million dollars to develop structured crypto assets products. The round had names like Framework Ventures, IOSG, 4RC, Republic, etc., as investors. Rafaella Baraldo, CEO and Founder of Pods, talked about the development. Baraldo...
Fortnite Fined $520 Million For Invading Kids’ Privacy And Tricking Players
19.12.2022
Epic Games will pay a whopping $520 million combined settlement after an Federal Trade Commission investigation found it invaded children’s privacy and tricked some players into buying stuff in Fortnite that they didn’t want. The FTC announced on Monday that it’s the largest penalty ever assessed...
Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum
19.12.2022
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum...
Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues
18.12.2022
Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting to recover the funds by creating a creditors committee. 31 days after Gemini paused the Earn...
CoinEx: To Embrace a New Crypto Future by Making Crypto Trading Easier in the Next Five Years
18.12.2022
PRESS RELEASE. In December 2022, CoinEx will celebrate its fifth birthday. Since its inception, the crypto exchange has gone through bulls and bears and attracted over four million users across more than 200 countries and regions worldwide. For both CoinEx and the crypto space, the past five years...
Gemini Customer Data Leak Was Advertised for Sale on Hacker Forums for 30 BTC in September
17.12.2022
On Dec. 14, 2022, the crypto exchange Gemini revealed that some Gemini customers have been the target of phishing attacks that the firm believes stem from a third-party vendor leak. While reports disclosed that Gemini’s leak was approximately “5,701,649 lines of information pertaining...
Media Orgs. Get Right to Argue For Publication of FTX’s Million-strong Creditor List
16.12.2022
A final decision on whether to publish the names, which the collapsed crypto exchange says could advantage competitors and breach privacy laws, will follow in January
Raydium is attacked, loses $2 million
16.12.2022
The team said that authority over the automated market maker and farm programs have been paused, “for now.”
Cardano Price Forecast as $200 Million Trading Volume Comes In – Here's Where ADA is Headed Next
16.12.2022
Cardano price sinks back into the murky red waters a few days after crypto markets rebounded significantly. The smart contracts token lost over 4% of its value over the last 24 hours, in addition to crashing critical support at $0.30.
ADA currently exchanges hands at $0.28 as bulls fight tooth...
Troubled Crypto Lender Amber Group Raises $300 Million Amid Layoffs and Refocusing Efforts
16.12.2022
Amid the ongoing cryptocurrency market downturn, troubled Asian crypto trading firm Amber Group has managed to collect some $300 million under its series C round, led by the US arm of blockchain-focused venture capital firm Fenbushi Capital US and joined by a number of crypto-native investors...
Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch
16.12.2022
Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States comes despite the industry’s current troubles....
Aztec Network secures $100 million in Series B funding led by a16z
15.12.2022
With the funds, Aztec Network plans to hire more engineers and build a new encrypted blockchain
Court Documents Say FTX Boss Ryan Salame Snitched on SBF 2 Days Before the Bankruptcy Filing
15.12.2022
According to court documents associated with the FTX bankruptcy proceedings, on Nov. 9 — two days before the company filed for Chapter 11 bankruptcy protection — FTX co-CEO Ryan Salame told Bahamian authorities that Sam Bankman-Fried (SBF) sent customer funds to the firm Alameda Research. A letter...
Report: Crypto Exchange Gemini Suffers From Data Breach, 5.7 Million Emails Allegedly Leaked
15.12.2022
According to a recent report, the cryptocurrency exchange Gemini suffered from a breach of data and reportedly 5.7 million emails were leaked. While Gemini has stated “some Gemini customers have recently been the target of phishing campaigns,” the exchange insisted that “no Gemini account...
Cathie Wood's ARK Continues to Buy Coinbase's Dip, Adding $3.2 Million of COIN to Portfolio
15.12.2022
The latest purchase means ARK's Innovation ETF holds 5.8 million COIN shares
Gemini allegedly suffers data breach; 5.7 million emails leaked
14.12.2022
Users' emails, account numbers, and partial phone numbers were allegedly leaked
Shiba Inu Price Prediction as $130 Million Trading Volume Comes In – Can SHIB Reach $1?
14.12.2022
Read More: Shiba Inu Price Prediction as $130 Million Trading Volume Comes In – Can SHIB Reach $1?
Report: Chinese Company Launches Digital Currency Insurance Product
13.12.2022
The Suzhou branch of the Chinese insurance company China Pacific Insurance, together with the Bank of Communications, recently announced the launch of a digital currency account insurance product. The launch comes at a time when the number of personal digital currency wallets created in the Chinese...
Bitcoin Miner Terawulf Raises $10M in Fresh Capital to Pay Down Debt, Restructures Deal With Bitmain
13.12.2022
On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal with Bitmain which will enable the company’s self-mining capacity to expand and fully...