Search
Report: Fintech Firms Received 62% of the $4.9 Billion Raised by African Tech Companies in 2021
11.1.2022
Fintechs account for nearly two-thirds of the $4.9 billion that was raised by African technology firms during the past year. Fintech groups also dominate in terms of funding that exceeds $50 million, with a 40% share of the total number of tech firms. The Covid-19 Factor Out of the $4.9 billion...
Animoca Brands’ Lympo NFT platform hacked for $18.7 million
11.1.2022
The sports NFT minting platform suffered from a hot wallet security breach across several project wallets losing $18 million in its native LMT tokens
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
10.1.2022
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...
Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
9.1.2022
China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to...
Pakistan to investigate Binance for multi-million dollar crypto scam
9.1.2022
The federal agency of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending funds from Binance wallets to unknown 3rd-party wallets
SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme
9.1.2022
The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection...
Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance
8.1.2022
Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed....
Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors
8.1.2022
A group of investors in Africrypt are reportedly pushing to have criminal charges pressed against directors of the now-defunct cryptocurrency investment platform. Opponents of the move have argued that this push is unlikely to succeed because many of the investors have already been reimbursed part...
Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years
8.1.2022
U.K. police have revealed how much cryptocurrency they have seized in the past five years in response to Freedom of Information requests. The London Metropolitan Police seized more bitcoins than other police boroughs. UK Police Reveal Information About Seized Crypto Twelve of the U.K.’s...
NFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands, Mark Cuban, Sound Ventures
7.1.2022
On Wednesday, the non-fungible token (NFT) data and analytics platform Cryptoslam raised $9 million in a capital funding round led by Animoca Brands. Cryptoslam detailed that Mark Cuban participated in the financing and Ashton Kutcher’s and Guy Oseary’s Sound Ventures joined in...
Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund
6.1.2022
Various educational and developmental Bitcoin projects from around the world have now been granted funding, according to the Foundation
Logan Paul Spends $3.5 Million On Pokémon Cards That Are Probably Fake
5.1.2022
Source of over 2.9 percent of human disappointment, Logan Paul, may have spent $3.5 million on a pile of fake Pokémon cards. After suspicions were raised by PokéBeach, the former YouTuber has announced he’s off to Chicago to get the case of first edition base set boosters properly verified.Read more
Leading NFT Marketplace Opensea Raises $300 Million, Firm’s Post-Money Valuation Taps $13.3 Billion
5.1.2022
Leading non-fungible token (NFT) marketplace Opensea announced the firm has raised $300 million in a Series C funding round led by Paradigm and Coatue. Opensea’s latest capital raise has propelled the company to a $13.3 billion post-money valuation. Opensea Raises $300 Million, Commands...
Reviews Of Binance: Binance Labs Leads $12 Million Series A+ Investment in WOO Network
5.1.2022
The Binance Labs has made an investment of 12 million dollars in the WOO Network because both parties have extended their long-term partnership in Series A plus round. This is a liquidity platform that helps in connecting users to institutions, exchanges as well as DeFi networks. Many reviews...
Golf startup putts $10.5 million in NFT sales
5.1.2022
Par for the course: The LinksDAO golfing startup could drive DAO adoption at the country club
OpenSea Raises $300 Million in Series C Funding
5.1.2022
In 2021, the globe was awakened to the fact that NFTs are the main components of completely new peer-to-peer economic systems. They give consumers more ownership and control over digital products while also allowing designers to develop potent, interoperable apps that would provide actual financial...
OpenSea raises $300 million for encrypted digital marketplace
5.1.2022
Opensea's market value has now surpassed $13.3 billion following the new cash injection
LinksDAO, Start-Up Golf Club Raises $11 Million
4.1.2022
If you want to join a unique private golf club, Mike Dudas is always ready to join hands with you. He assures you to provide friendly competitions and fellowship without any sort of complicated application procedure. Also, you don’t need to face interrogation by membership committees and pay...
CFTC Fines ‘Decentralized’ Prediction Market Platform Polymarket $1.4 Million, Shuts Down Noncompliant Markets
4.1.2022
The U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been operating an illegal unregistered or non-designated facility for event-based...
Bored Ape, Mutant Ape Yacht Club NFT Sales Skyrocket — Floor Prices Spike More Than 40%
3.1.2022
After Eminem revealed that he purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for $452K, both BAYC and Mutant Ape Yacht Club (MAYC) NFT sales have skyrocketed. Metrics indicate that on Sunday, January 2, 2022, MAYC’s seven-day trade volume of $93.02 million is up 93.41%...