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Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’
2.11.2022
The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend...
Cardano Price Prediction as $475 Million Trading Volume Comes In – ADA to the Moon?
2.11.2022
Cardano price appears to have triggered massive sell positions after it failed to rise above resistance at $0.4400. The smart contract platform bowed to increasing overhead pressure as investors locked in profits. ADA must reclaim immediate support at $0.4000; otherwise, its leg may stretch...
Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack
2.11.2022
The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that the firm’s hot wallet was drained just before midnight the day prior. Crypto Derivatives...
Binance CEO Reveals Main Reason For Investing $500 Million in Elon Musk Twitter Deal
2.11.2022
Binance CEO Changpeng Zhao (CZ) has shared that his company invested $500 million into Elon Musk's buyout of Twitter in a bid to support the freedom of speech.
At the opening event of Europe's largest tech conference, the Web Summit, in Lisbon, the CEO said he was "extremely supportive"...
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
2.11.2022
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated”...
Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million
1.11.2022
On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark, the company has purchased 26,500 bitcoin mining machines since the crypto winter started in June. Cleanspark Purchases 3,853 Antminer S19J...
PlayStation Plus Loses Nearly 2 Million Subscribers Months After Relaunch
1.11.2022
Sony’s June relaunch of PlayStation Plus doesn’t look like it’s going entirely as planned. In the Japanese giant’s latest financial report, it’s shown that since Plus launched, it’s lost 1.9 million subscribers between July and September this year. Sony’s CFO Hiroki Totoki said there “hasn’t been...
RealFevr raises €10 Million to envision a GameFi ecosystem
1.11.2022
RealFevr is extremely thrilled and excited to disclose that they have successfully obtained a funding amount of 10 million euros. However, this was through a Series A+ funding round duly headed by Advantage. The other investors in the picture are Semapa Next, Shilling Capital Partners, and APEX...
Eco-Friendly Crypto Presale Raises $12 Million – Microsoft and Netflix Affiliate Partners?
31.10.2022
Impact Project has now raised $12 million in one of the crypto market’s hottest presales. And with its developers onboarding more partners, this could just be the beginning.
Less than a week after crossing the $9 million mark, IMPT, Impact Project’s utility token, has upped the number to...
Report: Deleted Files Indicate Crypto Lender Hodlnaut’s Execs Gave Little Weight to Terra Luna Exposure
31.10.2022
According to a report, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the company’s exposure to the Terra ecosystem and allegedly lost $190 million from the incident. Report Says Hodlnaut...
Mercado Pago Launches Cryptocurrency Trading Services in Mexico
31.10.2022
Mercado Pago, the financial wallet division of Mercado Libre, the Latam e-tail giant, has announced the launch of cryptocurrency trading services in Mexico. The company has already launched this kind of service in Brazil, serving one million customers in the country, allowing them to purchase...
Big Eyes hits $9 million raised as Ethereum & Avalanche smash past resistance
30.10.2022
The crypto bull market is back! Okay, that might be a bit hasty, but we have seen very positive price action throughout the market over recent days. As the Ethereum price attempts to storm us into a more positive market, is this a bull trap, or have we bottomed out in this market? Is the …
A Committee of Celsius Creditors Objects to Celsius Selling Its Stablecoin Cache
29.10.2022
A committee of unsecured creditors stemming from the Celsius bankruptcy case has filed a motion with the court to stop the now-defunct crypto lender from selling the company’s stablecoin holdings. The written protest by the group of creditors against the sale follows objections from a slew...
Terra Founder Do Kwon Faces New $57 Million Lawsuit – Where is He?
29.10.2022
Terraform Labs founder Do Kwon, along with the Luna Foundation Guard (LFG) and Terra founding member Nicholas Platias, are facing a fresh $57 million class action suit from aggrieved investors in Singapore. ...
Read More: Terra Founder Do Kwon Faces New $57 Million Lawsuit – Where is He?
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. ...
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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...