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Nalezeno "$85 million": 6014

Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds

14.6.2024
The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on June 11 for misappropriating $4 million from a bitcoin escrow transaction. In 2019, McDonald acted as a fiduciary for a client involved in a Bitcoin deal that failed...

Valve Is Being Sued For $838 Million Over Alleged Pricing Restrictions

13.6.2024
People do like to try to sue Valve, most often alleging that Steam has some sort of monopoly over the PC games market. This is likely because Steam just might have some sort of monopoly over the PC games market. The latest attempt to break the Washington-based developer’s stranglehold comes from...

Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding Round

13.6.2024
The Egyptian fintech startup Sahl has raised $6 million through a Series A funding round. The startup is set to use the capital raised to strengthen its local operations and fund its expansion into the Kingdom of Saudi Arabia. Sahl’s Strategic Partnerships The Egyptian fintech startup Sahl...

Pixelverse Raises $5.5 Million to Expand Web3 Gaming Ecosystem

12.6.2024
Pixelverse, a developing entertainment studio and game ecosystem, has secured $5.5 million in a private funding round led by prominent Web3 venture capital firms. The funds are intended to support the growth of Pixelverse’s gaming platform, which has seen significant user engagement since...

Grayscale Bitcoin ETF witnesses outflow amounting to $121 million

12.6.2024
Grayscale Bitcoin ETF witnesses an outflow of $121 million following a selling exercise of 1,800 BTC. From the time the bitcoin ETF received consent, the selling of assets has reached the figure of 335,000 BTC, whereas, in the case of different suppliers, they are noting down figures about inflows....

US Bitcoin ETFs See $200 Million Outflow; Grayscale Leads With $121 Million

12.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $200.31 million in outflows on Tuesday following the $64 million in outflows the day prior. Grayscale’s Bitcoin Trust (GBTC) shed the most with a $121 million reduction. Spot Bitcoin ETFs Lose Ground Spot bitcoin ETFs have recorded...

Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet

12.6.2024
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing...

Arbitrum DAO invests $222 million in gaming ecosystem growth

10.6.2024
The Arbitrum Decentralized Autonomous Organization (DAO) has recently increased its stake in the Ethereum layer-2 gaming sector through a large investment. The DAO has agreed to invest 225 million ARB tokens, or approximately $222 million, in the development of the gaming industry over the next...

Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend

10.6.2024
On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi...

Orbit Chain hacker moves $48 million online via Tornado Cash

10.6.2024
The hacker behind the theft of $48 million from Orbit Bridge has returned to the scene with the intention of transferring the funds using Tornado Cash. Incidentally, the figure hacked has now reached the value of $121 million, having passed a substantially long period.  For those who...

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