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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...
Coinshares Sees $528 Million Outflow From Crypto Products Due to Recession Fears
6.8.2024
Coinshares, a digital asset investment firm, has reported a significant $528 million outflow from its crypto products last week, driven by growing recession fears. This substantial withdrawal reflects the heightened market uncertainty and investor caution amid economic downturn concerns. Despite...
Bitcoin falls to ‘extreme fear’ on Aug. 5 as ETFs outflow $168M
6.8.2024
The Crypto Fear and Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022
Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing
5.8.2024
Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds
Crypto products shed $528M amid recession fears — CoinShares
5.8.2024
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000
Jump Crypto unstakes $315M of ETH, now headed to exchanges
5.8.2024
Jump still holds at least $125 million of staked-Ether, blockchain data from Arkham shows
Bitcoin crashes below $53K wiping out $600M in leveraged longs
5.8.2024
A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply
South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise
5.8.2024
The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative returns while they remain in their homes. Regulated...
Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move
4.8.2024
In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month...
Whatsapp Warns It May Leave Nigeria Over Order to Pay a $220 Million Fine
3.8.2024
Whatsapp, the social media platform owned by Meta Inc., has stated that it would be impossible to comply with additional demands from Nigeria’s consumer protection agency. The social media platform argues that the Nigerian agency’s order compelling it to pay a $220 million fine contains multiple...
Crypto community slams WazirX’s 'socialized losses' plan after hack
3.8.2024
As WazirX navigates this crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community