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SCRT Labs Launches $400 Million Fund to Bolster Privacy Network’s Ecosystem and Application Layer
19.1.2022
On Wednesday, the Secret Network announced the launch of a $400 million fund in order to expand the application layer and provide grants to ecosystem participants that accelerate user adoption. The market capitalization for the network’s native token SCRT is the third-largest privacy-centric...
PlotX Closes a $5 Million Pre-Series A Funding Grant from Polygon and Hashed; Announcing a New Staking Program
19.1.2022
PlotX, one of the fastest-growing GameFi dApp on the Polygon ecosystem, has concluded a $5 million pre-Series, a funding round and grant. As per a press release on January 17, PlotX received funds from Polygon Studios and Hashed with participation from high-profile crypto venture funds, including...
Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity
19.1.2022
Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from...
Blockchain Firm Animoca Brands Raises $358 Million to Enhance Web3 and the Metaverse
18.1.2022
Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year...
Blossom Capital’s Newly Launched $432 Million Fund to Focus on Crypto Startups
18.1.2022
Blossom Capital, the London-based venture capital firm founded by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate more funds to the growing cryptocurrency ecosystem. On January 18, Blossom announced a new fund worth $432 million, and a third of the capital will...
GameFi Operator Digital Entertainment Asset Closes $12 Million Seed Round
18.1.2022
Singapore-based Digital Entertainment Asset Pte. Ltd. (DEA), a leading GameFi company operating in the play-to-earn (P2E) gaming arena, has officially finalized a $12 million seed fundraising round. The round was underwritten by JAFCO Investment Ltd., corporate participants, seven publicly-listed...
Chinese police unearth multi-million dollar DeFi rug pull
18.1.2022
The Chizhou police arrested eight people from different provinces in December and froze assets worth millions
Burnt Finance Raises $3 Million in Funding for NFT Marketplace
18.1.2022
Burnt Finance is a startup in the cryptocurrency domain that is working extensively on the idea of improving the auction process related to non-fungible tokens (NFTs). In order to expand its presence among potential investors and users, the organization has now raised $3 million in a funding round...
ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion
18.1.2022
The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million...
AGDQ 2022 Raises Record $3.4 Million For Charity
16.1.2022
Awesome Games Done Quick 2022 is over, but the online speedrunning charity event wrapped up its week-long run with a brand new, all-time record for any GDQ event, raising $3,422,122 across over 49,000 individual donations. It also reached a million dollars and two million dollars faster than...
Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application
16.1.2022
According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital...
$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge
16.1.2022
During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across...
North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds
15.1.2022
North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a majority of the funds stolen at 58%,” said...
Near Foundation Raises $150 Million to Bolster Web3 Adoption
14.1.2022
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than...
Tether freezes $150 million in USDT
14.1.2022
Tether has not issued a statement giving a specific reason for blacklisting three addresses, but it has done so before to comply with law enforcement and aid exchanges after cyber attacks
Oh No: Logan Paul's $3.5 Million Box Of 'Pokémon' Cards Was Just Old G.I. Joe Junk
14.1.2022
Internet personality, boxer, and Pokémon fan Logan Paul made news last month after spending $3.5 million dollars on a box of supposedly “sealed & authenticated” first-edition Pokémon cards. However, shortly after announcing his purchase, many in the Pokémon card community pointed out that...
India Seizes Assets in $162M Morris Coin Cryptocurrency Investment Scheme
13.1.2022
Indian Enforcement Directorate has seized assets worth approximately $5 million in connection with an alleged cryptocurrency scam involving Morris coin that has duped investors out of $162 million. The crime proceeds were used to buy cryptocurrencies. India Authorities Seize Assets in Alleged...
Twitch Purged Over 15 Million Hate Raid Bots Last Year
13.1.2022
A new open letter from Angela Hession, Twitch’s vice president of global trust and safety, details the company’s approach to making its streaming platform a more harmonious place, most notably the deletion of millions of bots in an attempt to stem the site’s hate raid epidemic.Read more
NFT Market Looksrare Surpasses Opensea’s 24-Hour Sales With $385 Million in Volume
12.1.2022
A new non-fungible token (NFT) marketplace called Looksrare has surpassed Opensea in terms of daily volume on Wednesday. Statistics show 3,264 Looksrare traders have executed $385.39 million in sales during the last day, as the marketplace has seen a 1,461% increase in daily volume. Looksrare...
Report: Morocco Now North Africa’s Leading P2P Crypto Trading Nation
12.1.2022
In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million. Morocco in Africa’s Top Four In 2021, Morocco’s peer-to-peer crypto...