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Chainalysis Study Shows ‘Criminal Whales’ Hold $25B in Digital Assets, Entities Represent 3.7% of All Crypto Whales
24.2.2022
According to research published by Chainalysis, criminal entities hold more than $25 billion in cryptocurrencies. The blockchain intelligence firm’s study shows that there was a significant increase in crypto balances held by criminals in 2021 as the metric jumped by 266% since the year...
Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments
24.2.2022
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution for DAOs, crypto...
Zebec From Solana Manages to Raise $15 Million Through Venture Investments
24.2.2022
Zebec, a web3 payment protocol, has managed to accumulate a staggering $15 million in the recent round of fundraisers led by Solana Ventures. The new and successful round on Solana has turned the eyes of investors towards this lucrative blockchain. However, this is not the only venture of Solana....
Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding
24.2.2022
On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs...
De-Mixing Wasabi Coinjoin Transactions: A Deep Dive Into Chainalysis’ Deanonymizing Claims
23.2.2022
On Tuesday, journalist Laura Shin published a story that claims to identify the 2016 Genesis DAO hacker who siphoned 3.6 million ethereum from the decentralized autonomous organization. While the story surprised the crypto community, one of the biggest eye-openers was the blockchain analysis...
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
23.2.2022
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...
Journalist Claims She Identified the 2016 DAO Hacker, Evidence Shows Investigators ‘De-Mixed’ Wasabi Transactions
22.2.2022
An article published by journalist Laura Shin, and research stemming from the blockchain surveillance firm Chainalysis, claims to identify the alleged identity of The DAO hacker who drained millions of dollars worth of ethereum from the decentralized autonomous organization on June 17, 2016....
Brazilian Crypto Exchange Foxbit Raises $21M in Series A Funding
22.2.2022
Funds will be used for developing new technology, team expansion and potential acquisitions, the company said
Solidus AI Tech Raises $5.4 Million in Funding and Unveils New Partners
22.2.2022
PRESS RELEASE. High-performance computing (HPC) company Solidus AI Tech has raised $5.4 million and are now entering their 3rd round of funding. Solidus AI Tech is working to solve the problem of the lack of European HPC facilities in the global top 10. Only producing 5% of computing power despite...
UK Police Return $5.4 Million to Cryptocurrency Fraud Victims
22.2.2022
The U.K. police have returned over $5.4 million to victims of an international cryptocurrency scam. The police say that almost $10 million more will be returned to victims. So far, 127 more people have filed a claim to recoup their investments. Police Return Funds to Crypto Scam Victims...
Indian Police Arrest 11 People in Cryptocurrency Scheme Defrauding 2,000 Investors
22.2.2022
Indian police have arrested 11 people so far in connection with a fraudulent cryptocurrency scheme that has duped about 2,000 investors out of $5.4 million. 11 People Arrested so Far in Cryptocurrency Scam in India Indian police have cracked down on a cryptocurrency investment scheme that has duped...
Streaming Service Sling TV Adds Crypto Payment Support for Monthly Subscriptions
22.2.2022
The American streaming television service Sling TV has announced the company is now accepting cryptocurrency payments from customers paying their monthly subscriptions. Sling TV detailed the company is leveraging the crypto payment provider Bitpay and will accept seven different cryptocurrencies...
Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients
21.2.2022
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on...
Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack
20.2.2022
Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of ethereum in his wallet...
Webbland Metaverse Sales Jump 126% as 2 Penthouses Sell for Six-Figures
20.2.2022
While blockchain virtual worlds have seen significant demand during the last few months, an “interoperable pixel metaverse” project called Webbland has seen weekly NFT sales spike by 126.24%. The project recorded over $3.6 million in sales over the last seven days, and two Webbland...
Fireblocks to Acquire Crypto Payment Platform for a Reported $100 Million
20.2.2022
Digital asset custody service provider Fireblocks has announced it will acquire First Digital, a fellow Israeli company, for $100 million. The acquisition, which is said to be Fireblocks’ first, comes less than three weeks after the company revealed it raised $550 million in Series...
Flutterwave Raises $250 Million in Series D Funding Round, Startup Now Valued at Over $3 Billion
19.2.2022
Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to over $3 billion. Capital Raised to Fund Flutterwave’s Expansion Plans...
$53 million raised for Assange showed the power of DAOs
18.2.2022
In an exclusive interview with Cointelegraph, AssangeDAO's core members explain how a decentralized autonomous organization could obtain the release of Julian Assange
Hundreds Of Sealed Retro '90s Games That Were Just Publicly Revealed Could Be Worth A Million Bucks
18.2.2022
For gaming collectors and preservationists, it’s a high score: hundreds of classic games, many of which, according to video footage of the discovery, appear to be factory sealed. The entire thing is eventually getting sold, and when it does, it could clock in as one of the big ones, potentially...
Sequoia Capital Creating $500 Million Crypto Fund for Token Investment
18.2.2022
Last October, Sequoia Capital announced intentions to deconstruct the traditional venture capital model by forming a single fund to handle all of its U.S. and European assets (including publicly-traded shares). Now it’s setting out its next steps, including a $600 million fund focused...