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ADACash Shells Out $1.5 Million Rewards to Users One Month Into Operation


Encouraging news for staking market participants comes around as the ADACash rewarding staking project for the Cardano network released a report detailing over $1.5 million in payouts issued to ADACASH reward token holders. The report highlights that the payout in excess of $1.5 million...

Nigerian Crypto Exchange Raises Over $4 Million in Latest Funding Round


A Nigerian crypto exchange, Busha, recently raised over $4 million in a funding round led by Jump Capital. Busha, a Nigerian cryptocurrency exchange, is reported to have raised a $4.2 million seed funding round recently. These funds, according to the exchange, will be used to expand its operations...

Jury to Decide Fate of Billion-Dollar Bitcoin Lawsuit Involving Craig Wright


On Tuesday, November 23, the closing arguments for both sides of the Kleiman v. Wright trial finished and now ten jurors will decide the fate of the billion-dollar bitcoin lawsuit. While Craig Wright claims he’s Satoshi Nakamoto, he also insists the now-deceased Dave Kleiman did not help...

Roblox Sues YouTuber For $1.6 Million Over Terrorizing Kids Platform


Roblox is finally taking notorious YouTuber Benjamin “Ruben Sim” Simon to court over his alleged attacks on the gaming social media platform and its young fans. A lawsuit filed in California court on Tuesday wants the longtime banned player to pay $1.6 million in damages and stop harassing Roblox...

Ethereum Has Burned More Than a Million ETH Over the Last 3 Months


111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion...

Moonpay Raises $555 Million in First Funding Round


Moonpay, a cryptocurrency payments service provider, has raised $555 million during its first funding round. Led by Tiger Global Management, this series A funding round propelled the valuation of the company to $3.4 billion, which will be used for expansion endeavors. The fiat-to-crypto ramp that...

Canada Detains Teen for Alleged $36 Million Cryptocurrency Theft


A teenager has been arrested in Canada after committing what law enforcement officials in Ontario have described as the largest crypto theft by a single person. The Canadian is accused of stealing tens of millions of dollars through a SIM swap targeting a crypto holder in the U.S. Teen Arrested...

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