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Terra co-founder Do Kwon faces $57-million lawsuit in Singapore
28.10.2022
The lawsuit alleged Kwon and others made fraudulent claims on UST "either well knowing that they were false and untrue, or recklessly not caring whether they were true or false."
This Eco-Friendly Crypto Has Raised Over $11 Million for its New Green Platform – How to Buy Early?
28.10.2022
A brand new eco friendly crypto called IMPT has now raised $11m for its platform, in the mission of redefining the market of carbon credits for the better.
The carbon credits markets are notoriously difficult to navigate and extremely opaque. This means that it is very difficult for them to...
Aptos wallet Martian raises a pre-seed round of $3 million
28.10.2022
Aptos blockchain’s crypto wallet, Martian, has raised $3 million. This figure is achieved through a pre-seeded round of funding, which again was duly made by Race Capital, who happens to have been the lead investor. What is indeed very credit-worthy is that the entity Aptos blockchain itself...
Soccer Premier League Lines Up £30 Million Deal with Sorare NFT Platform
28.10.2022
The Premier League, the top tier of England’s professional soccer league, is readying to expand its exposure to non-fungible tokens (NFTs) through a potential partnership with NFT fantasy soccer game Sorare that could be worth some £30 million ($34.6 million) per year. ...
Read More: Soccer Premier...
Binance Confirms $500 Million Investment in Elon Musk Twitter Takeover
28.10.2022
Major crypto exchange Binance has put half a billion US dollars towards Tesla chief Elon Musk’s Twitter takeover.
Responding to reports about the exchange possibly still backing the much-discussed Twitter deal, Binance CEO Changpeng 'CZ' Zhao tweeted today (UTC time):
"Our intern says we wired...
US Judge Orders Bitcoin Ponzi Operator Imprisoned for Ignoring Court Order to Pay SEC $40 Million
28.10.2022
A district judge has ordered a bitcoin Ponzi operator to be arrested and imprisoned after he ignored multiple court orders and failed to pay the U.S. Securities and Exchange Commission (SEC) $40 million. He pleaded guilty to securities fraud in 2015. Bitcoin Ponzi Operator Faces Imprisonment After...
Infamous Hacker Steals $1 Million Worth of Crypto Including Bored Ape NFT
27.10.2022
An infamous scammer known as Monkey Drainer has drained approximately 700 ETH ($1 million) worth of crypto and non-fungible tokens (NFTs) over the past 24 hours.
The prominent on-chain sleuth known as ZachXBT first broke the news, revealing that the scammer used phishing to drain user funds....
Lucky Block Competition Platform Giving Away $1 Million in Bitcoin – Here’s How You Can Win
26.10.2022
Lucky Block, one of the most prominent NFT competition and games platforms in the crypto market, has launched a giveaway with $1 million in Bitcoin (BTC) up for grabs. We have created the perfect guide for interested participants to win.
Recently, Lucky Block’s developers announced what could...
Dash 2 Trade Signals Platform Raises $2.5 Million in Presale – How to Buy?
26.10.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The Dash 2 Trade presale has raised over $2.5 million, only a week after beginning. This puts it halfway towards completing the second stage of its sale...
‘Sleeping Bitcoin’ Spends Slow Down Considerably in 2022, as 92 Decade-Old BTC Worth $1.79 Million Wake Up
25.10.2022
While the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months since...
$160 Million Rug Pull? – Crypto Staking Platform Freeway Halts Withdrawals Citing ‘Unprecedented Volatility’
25.10.2022
UK-based crypto platform Freeway halted withdrawals on Sunday due to, as they claim, never-before-seen levels of volatility - but some argue that this is in fact a rug-pull.
"Has anyone been able to withdraw over the recent days," members have been asking in Freeway's Telegram channel, with many...
Report: US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mixer Operator
25.10.2022
The United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S. law enforcement in 2020. According to U.S. authorities, Harmon had operated an unlicensed money-transmitting business....
Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million
25.10.2022
Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon...
Reddit NFT trading volume hits all-time high as wallet holders near 3 million
24.10.2022
Meanwhile, the minting volume of nonfungible tokens have been declining steadily
30 Million People Were Logged Into Steam Today
24.10.2022
Valve’s Steam platform launched all the way back in 2003, and for much of that time saw slow and steady growth as it grew from a place you could buy Half-Life games to the PC’s default gaming marketplace. What has happened over the last two years, though, has been incredible.Read more
While Overall NFT Transactions and Buyers Are Down, NFT Sales Jumped 2% Higher Than Last Week
23.10.2022
During the last week, non-fungible token (NFT) sales volume has managed to climb 1.9% higher than the week prior with $85 million in NFT sales in seven days. However, the number of NFT buyers slid by 12.63%, and the number of NFT transactions is down 19.19% on October 23, 2022. NFT Sales Record...
Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog
23.10.2022
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social...
Turkey Seizes $40 Million in Crypto, Detains 46 Suspects in Criminal Investigation: Report
22.10.2022
Turkish authorities have reportedly seized $40 million in cryptocurrency and detained 46 people in an illegal betting investigation. “This operation came out of Turkish Cyprus and is linked to the murder of Halil Falyalı,” Turkish Minister of Interior Süleyman Soylu said....
Celestia Raises $55 Million to Solve Blockchain Modularity Challenge
21.10.2022
Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital...
Hans Niemann Suing For $100 Million Over Chess Cheating Allegations
21.10.2022
Hans Niemann, the chess grandmaster at the centre of cheating allegations—which you can catch up on here—has filed a suit in a Missouri court suing world champion Magnus Carlsen, his chess app Play Magnus, the website chess.com, chess.com’s Daniel Rensch and streamer Hikaru Nakamura for $100...