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New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund
6.5.2022
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in pre-seed to Series A companies across decentralized finance (defi), decentralized autonomous...
Juno’s Developer Sends $36 Million to an Inaccessible Address
6.5.2022
Juno recently sent $36 million to an inaccessible wallet due to a typo caused by one of the developers. A total of 3 million Juno tokens were transferred initially meant to be driven to a wallet controlled by the holders of Juno tokens. The community has voted to seize the amount from the investor...
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving
6.5.2022
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network...
Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter
6.5.2022
Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance, for example, has committed to invest $500 million in the social media platform alongside Musk....
Twitch Streamer xQc Claims He Lost Over $1.8 Million Gambling Last Month
5.5.2022
Popular Twitch streamer xQc recently admitted that he lost $1.8 million to gambling over the last month. After news of his losses spread online, his dad called him during a stream to ask if he was okay and to express how worried he was about the streamer’s gambling problems. Read more
Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC
5.5.2022
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using today’s...
StreamCoin Announces 200M STRM Corporate ICO Investment by TNC IT Group
5.5.2022
PRESS RELEASE. StreamCoin revealed that it has secured a corporate ICO investment from blockchain consulting firm TNC IT Group. Specifically, TNC IT Group has purchased over 200 million STRM during the recently-concluded STRM public sale. The announcement came after StreamCoin revealed that it...
Crypto Industry Leader Bitcoin.com Secures $33.6 Million in VERSE Token Private Sale
5.5.2022
On Wednesday, the leading crypto industry firm, Bitcoin.com, announced it has concluded a private sale of its VERSE token and secured $33,600,000 from strategic investors. VERSE is meant to bolster Bitcoin.com’s growing infrastructure by providing a utility token that rewards users...
NAFSTARS Announces a Successful Fund Raise of $1․7 Million
5.5.2022
PRESS RELEASE. NAFSTARS, a Polygon-based play-to-earn [P2E] platform that allows users to collect artist branded cards from all around the globe and from every music genre, has announced a successful fund raise of $1.7 million in seed, token pre-sale, and NFTs. This announcement comes right after...
Ethereum Name Service Domains Surpass 1 Million Registered Names
3.5.2022
Ethereum Name Service, or ENS, surpassed a million created names this week, according to statistics from the crypto metrics dashboard Dune Analytics. Data shows that there’s been a significant spike in ENS names registered during the last 30 days, and 24-hour statistics indicate ENS has been...
Spanish Cryptocurrency Exchange Bit2me Expands Operations to Brazil
3.5.2022
The Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in Brazil by introducing an office in the country that will deal with compliance issues to make the exchange a safe option for Brazilians. The exchange aims...
Andressen Horowitz Commits $500 Million for Indian Startups: Report
3.5.2022
The move comes as more VCs target India’s growing startup ecosystem
Report: Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million
2.5.2022
Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of moving an equivalent of over $215 million from Nigeria to Kenya between October and November 2020....
The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million
1.5.2022
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date. The Otherside metaverse virtual land sale raised close to $320 million by selling 55,000 parcels...
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit
30.4.2022
According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy vulnerability.” On Saturday, Fei Protocol’s official Twitter account confirmed it lost funds from the Rari Fuse platform exploit....
LBank Exchange Will Launch Innovation Zone for Better User Experience
30.4.2022
PRESS RELEASE. LBank Exchange is an innovative crypto assets trading platform with 6.4 million global users. Since the start of its journey, LBank Exchange has continuously expanded in the global market, serving users in over 210 countries and regions worldwide, with features including spot...
Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine
29.4.2022
The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for...
Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency
29.4.2022
The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be used at nearly 5,000 stores with no minimum purchase required. Digital Yuan Pilot Continues China’s central bank,...
Ex-BitMEX CEO explains how Bitcoin will hit $1 million by 2030
27.4.2022
The European Union "is finished," Arthur Hayes says, while yield curve control will put the U.S. in a "doom loop."
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital
26.4.2022
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures...