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SEC Charges Novatech in $650 Million Crypto Fraud Scheme
13.8.2024
The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment program, where most investor funds were misappropriated to...
SEC and Ideanomics settle in fraudulent $40M crypto revenue reporting
10.8.2024
The Ideanomics case exemplifies the potential consequences of misleading financial practices and reinforces the need for rigorous compliance with federal securities laws
Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn
9.8.2024
Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop...
Vitalik Buterin moves $8M Ether to new wallet — Possible donation ahead?
9.8.2024
The Ethereum co-founder has a history of making billion-dollar cryptocurrency donations
Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year
9.8.2024
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights the company’s commitment to improving cryptocurrency security. Binance Recovers $73 Million...
Solana’s first gaming SVM surpasses 1M monthly active users
8.8.2024
Despite the significant milestone, Web3 gaming still needs more “soft” infrastructure for mass adoption, according to Sonic’s CEO
Solana’s first gaming SVM surpasses 1M monthly active users
8.8.2024
Despite the significant milestone, Web3 gaming still needs more “soft” infrastructure for mass adoption, according to Sonic’s CEO
Solana’s first gaming SVM surpasses 1M monthly active users
8.8.2024
Despite the significant milestone, Web3 gaming still needs more “soft” infrastructure for mass adoption, according to Sonic’s CEO
Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash
8.8.2024
The transfer involving the NomadBridge exploiter and Tornado Cash highlight the ongoing battle between privacy and regulation in the cryptocurrency industry
Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash
8.8.2024
The transfer involving the Nomad Bridge exploiter and Tornado Cash highlights the ongoing battle between privacy and regulation in the cryptocurrency industry
Ronin Network Reclaims $12 Million in Stolen Digital Assets
7.8.2024
Ronin Network stated that digital assets worth $12 million, siphoned by so-called white hat hackers on August 6, were returned in full the same day. The Ronin team mentioned that they paused the bridge approximately 40 minutes after the first on-chain action was detected. The team also assured...
Cumberland buys the dip? Trading firm deposits $95M to exchanges
7.8.2024
Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023
Metaplanet Announces $70 Million Stock Rights Offering to Further Boost Bitcoin Investments
7.8.2024
Metaplanet, a Japanese firm, has announced a $70 million stock rights offering aimed at significantly boosting its Bitcoin investments. With $58.76 million of the raised funds earmarked for bitcoin, this strategic move is part of Metaplanet’s broader plan to expand its cryptocurrency holdings...
DeFi protocol Nexera hacked for $1.5 million via smart contract exploit
7.8.2024
Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token
KIP Protocol’s $10m DAO Proposal Approved to Transform Education for 250 Million Students Globally
7.8.2024
PRESS RELEASE. Singapore, 7 August 2024 – KIP Protocol, the Web3 base layer for AI, announces the unanimous approval of its OCP-12 DAO proposal. This landmark decision allocates $10 million to KIP Protocol to reshape education through AI and Web3 technologies. In a strategic collaboration...
BlackRock's spot Ether ETF amasses nearly $900M since launch
7.8.2024
BlackRock’s iShares Ethereum Trust, known also as ETHA, has almost hit $900 million in total inflows after just 11 trading days
Ronin ‘white hat’ attacker returns $10M in ETH after apparent accidental front-run
6.8.2024
The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty
Ronin ‘white hat’ attacker returns $10M in ETH after apparent accidental front-run
6.8.2024
The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty
Binance Hit With $87 Million Tax Bill in India
6.8.2024
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned...
Capula Management Invests $464 Million in Bitcoin ETFs, Signaling Institutional Interest
6.8.2024
Capula Management, one of the largest hedge funds in Europe with assets under management (AUM) of approximately $118 billion, has made a significant move in the cryptocurrency market by investing $464 million in spot Bitcoin exchange-traded funds (ETFs). This substantial investment underscores...