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Standard Chartered-Backed Blockchain Firm Partior Closes $60 Million Series B Round
14.7.2024
Blockchain firm Partior announced on July 12 that it had closed a $60 million Series B funding round led by Peak XV Partners. The investment will be used to enhance Partior’s capabilities, including intraday foreign exchange swaps, cross-currency repos, and just-in-time multi-bank payments. Partior...
iGaming Platform BC.GAME Signs $40 Million Deal to Become Principal Partner of Leicester City
13.7.2024
The iGaming platform BC.GAME has signed a landmark $40 million deal to become the “Official Principal Partner” of English football club Leicester City, according to an announcement from Leicester City on July 5. This partnership marks one of the most significant in Leicester...
Pixelverse Raises $2 Million, Totals $7.5 Million in Private Funding
13.7.2024
Pixelverse, a Web3 gaming ecosystem, has secured an additional $2 million in funding, bringing its total private round to $7.5 million. This funding was provided by several Web3 venture capital firms and prominent angel investors. Web3 Gaming Platform Pixelverse Secures $2M in Latest Funding Round...
The First Descendant Hits 10+ Million Players Despite Controversy
12.7.2024
Released last week, The First Descendant is a new sci-fi third-person looter shooter from Nexon that feels like a mix between Warframe, Destiny, and The Division. Yet despite mixed reviews and controversy involving icons and in-game purchases, The First Descendant has reached over 10 million...
Dough Finance loses $1.8M in flash loan attack
12.7.2024
The attacker exploited unvalidated calldata, resulting in 608 ETH being stolen
Dough Finance loses $1.8M in flash loan attack
12.7.2024
The attacker exploited unvalidated call data, resulting in 608 ETH being stolen
SEC Secures Default Judgments in $45 Million Coindeal Fraud Case
12.7.2024
The U.S. Securities and Exchange Commission (SEC) announced this week that the U.S. District Court for the Eastern District of Michigan has issued default judgments against Garry Davidson and Linda Knott for their involvement in a fraudulent $45 million Coindeal scheme. Davidson and Knott were...
Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister
11.7.2024
According to a government minister, Malaysia lost $727 million worth of electricity stolen by illegal crypto miners between 2018 and 2023. The minister also warned that power companies have methods to detect unauthorized mining activity. Illegal Crypto Mining Detrimental To Malaysians Says Minister...
Bitget reports $700M capital inflow in Q2, adds 2.9M users
11.7.2024
The exchange reported that its BTC, USDT, and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter
Tanzania Fintech Startup Nala Secures $40 Million via Series A Round
11.7.2024
Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based venture capital firm Acrew Capital. The funds will be used to bolster Nala’s business-to-business (B2B) payment platform and support its overall growth plans. New Funding...
VC Firm Hypersphere Reveals $130 Million Atlas Liquid Fund
11.7.2024
Venture capital firm Hypersphere has announced the launch of its new liquid fund, Atlas, managing over $130 million in assets. Atlas aims to capitalize on the inefficiencies in the young crypto markets through a diverse range of trading strategies. Hypersphere’s New Atlas Fund Aims to Target...
Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies
10.7.2024
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identified in a 2020 order. Citigroup Faces $60.6...
Satoshi Protocol Secures $2 Million Seed Funding to Build Universal Stablecoin for Bitcoin
10.7.2024
PRESS RELEASE. Satoshi Protocol, a pioneering project building a “universal” stablecoin designed specifically for the Bitcoin ecosystem, successfully closed a $2 million seed funding round in May 2024. Led by CMS Holdings and RockTree Capital, the round signifies strong investor...
Spot Bitcoin ETFs buy up $654M in BTC over 3 days
10.7.2024
Investors have piled into Bitcoin ETFs over the last three trading days, but it wasn’t enough to offset Germany’s BTC selling spree
Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million
10.7.2024
The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver 4.175 million FTM tokens or their equivalent...
Investors lose $1.6M after Doja Cat’s X reportedly hacked to promote scam coin
9.7.2024
A hacker reportedly posted to Doja Cat's X account telling fans to "buy $DOJA or else."
US Spot Bitcoin ETFs See Second Day of Inflows, Amassing $294.9 Million
9.7.2024
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced their second consecutive day of inflows, accumulating $294.9 million. Blackrock’s IBIT dominated the trading sessions, attracting $187.21 million in inflows. Blackrock’s IBIT Dominates With $187.21 Million Spot...
Multichain Foundation to pay $2.1M to Fantom for losses
9.7.2024
The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages
Bitcoin ETF investors buy the dip: Daily inflows hit $295M
9.7.2024
United States-listed Bitcoin ETFs have notched their biggest day of inflows in over a month amid a slump in the crypto markets
BlackRock tokenized treasury fund BUIDL reaches $500M
9.7.2024
BlackRock has hit the milestone less than four months after the launch of BUIDL in April