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New fund aims to put hundreds of millions toward Algorand DeFi growth
10.9.2021
Different decentralized finance solutions building on the Algorand blockchain could receive a chunk of a new $300 million fund
South Korean Police Raid Crypto Exchange Allegedly Involved in a $214M Multi-Level Marketing Fraud
6.5.2021
Authorities in South Korea have launched a major raid against a domestic crypto exchange allegedly involved in a millionaire multi-level marketing (MLM) fraud. The police accuse V Global platform of running an illicit operation that reportedly stole hundreds of millions of dollars from investors....
Hundreds of millions of consumers will use digital currencies soon: Circle CEO
9.12.2020
Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival
Buterin Sold Ethereum To Novogratz At Premium & "Lost" Hundreds Of Millions
17.11.2020
Vitalik Buterin. Source: a video screenshot, edited by Cryptonews.com
Mike Novogratz, CEO of digital asset-focused financial services firm Galaxy Digital, has admitted to buying ETH 500,000 from Ethereum Co-founder Vitalik Buterin five years ago, paying a premium price of USD 0.98 - USD 0.99...
Paul Tudor Jones Confirms His Fund Allocated Hundreds of Millions in USD to Bitcoin
11.5.2020
Legendary hedge fund manager Paul Tudor Jones told CNBC today that "over 1% <...> maybe it's almost 2%" of his assets are in bitcoin (BTC).
"That seems like the right number right now," he said, adding that he believes that Wall Street could be witnessing the historic...
New Institutionals Poured Hundreds of Millions in Crypto Last Year
17.1.2020
New institutional investors flocking into Bitcoin helped major digital asset manager Grayscale Investments to raise over USD 600 million in 2019, or more than in 2013-2018 combined.
Cumulative investment across the Grayscale family of products surpassed USD 1 billion for the first time,...
Venture Capitalists Have Invested Over $200M in Stablecoins
6.12.2019
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...
4 New High-Powered Bitcoin Miners Revealed
12.10.2019
Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. Also Read: Mining Firm Canaan Creative Secures Hundreds...