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Crypto.com Aiming to Hit 100 million User Target by 2023 as CRO Surges
24.2.2021
Kris Marszalek, Co-founder and CEO of Crypto.com. Source: A video screenshot, Youtube/ DELTA Summit
The masterminds of the Crypto.com app said that their platform is experiencing “accelerated growth,” and is now expecting to reach the 100 million user mark by 2023, a milestone that it claims is...
1 Million First-time Buyers Bought Bitcoin on Dorsey's Cash App Last Month
24.2.2021
2020 was a bumper year for Jack Dorsey’s Square and its crypto-embracing Cash App mobile payments app – but one that could soon be eclipsed, after the company revealed that “over three million customers” bought or sold bitcoin (BTC) on its platform in 2020, while January this year saw “more than...
Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO
24.2.2021
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report:...
Bitfinex and Tether Fined $18.5M in Settlement With NY Attorney General, Both Firms Barred From Trading in the City
24.2.2021
Bitfinex and Tether have been banned from operating in New York and must pay a fine of $18.5 million as part of a settlement with the New York Attorney General’s (NYAG’s) office over a case dating back to 2019. In a statement on Tuesday, NY Attorney General Letitia James accused the...
GameStop Exec Leaves With $2.8 Million Severance
24.2.2021
GameStop chief financial officer Jim Bell is set to resign from his position on March 26, the video game retailer announced today. He’ll do so $2.8 million richer thanks to a lucrative severance bonus.Read more
Japanese Authorities Say the Majority of People Involved in Coincheck’s 2018 Hack Are Individuals With ‘High Social Status’
23.2.2021
More details keep appearing from the police investigation into the 2018 Coincheck hack that stole $530 million from the crypto exchange. Japanese authorities revealed that most of the individuals involved have a “high social status.” One of the Individuals Took Part in a NEM Swap Deal...
Moneygram Halts Using Ripple Due to SEC Lawsuit Over XRP Cryptocurrency
23.2.2021
Moneygram has announced that it has suspended using Ripple’s platform due to the lawsuit against Ripple Labs and its executives by the U.S. Securities and Exchange Commission (SEC). Last year, the company earned $50.2 million from Ripple for using the platform. Moneygram Stops Using...
Flow NFTs Are Coming to OpenSea
23.2.2021
PRESS RELEASE. February 23, 2021 – OpenSea, the largest marketplace for blockchain-enabled non-fungible tokens (NFTs), is in the process of building support for Flow, a blockchain built for mainstream consumer scale originally created by Dapper Labs, the company behind CryptoKitties and...
$24 million lost in second-largest day of DeFi liquidations
23.2.2021
The Feb. 22 crypto market flash-crash liquidated more than $24 million worth of DeFi loans. with Compound users representing more than half of the margin calls
Yellen on Bitcoin, NFTs Score Another Million + More News
22.2.2021
Janet Yellen. Source: A video screenshot, Youtube/Credit Suisse
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
Recently, US Treasury Secretary Janet Yellen made several...
NFT market top signal? Fake Banksy nets over $1 million in ETH sales
20.2.2021
With a charity and some slapdash art theory as a cover, a copycat makes off with 512 ETH in NFT sales
Troubled NZ Crypto Exchange Cryptopia Suffers Another Hack in the Midst of Liquidation Process
20.2.2021
Controversy still surrounds a liquidated New Zealand cryptocurrency exchange, which allegedly got hacked again. Adding to the $30 million stolen in 2019, Cryptopia reports that it was the target of a another theft incident on February 1, 2021. Hackers Accessed a Dormant Wallet Which Holds...
Malaysian Police Bust Gang That Stole $2.15 Million Worth of Electricity to Mine Bitcoin
20.2.2021
Police in Malaysia’s Jahor state have busted a seven-men gang that stole 8.6 million Malaysian ringgits ($2.15 million) worth of electricity to mine bitcoin and other cryptocurrencies. ● Police said they seized 1,746 bitcoin (BTC) mining machines across 21 premises in raids carried...
No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop
20.2.2021
The self-styled "savings game" is hoovering user deposits, leading to meaty lottery payouts
Paid in Bitcoin: NFL Offensive Tackle Russell Okung Considered the Highest Paid in the League
19.2.2021
At the end of December, the Carolina Panthers offensive lineman, Russell Okung told the public he would be getting half of his 13 million-dollar salary paid in bitcoin. Moreover, Okung made the decision at the right time, as the National Football League (NFL) just capped the league’s salaries...
North American Bitcoin ETF’s First Trading Day Captures $165M in Volume
19.2.2021
The North American Purpose Bitcoin ETF launch on Thursday saw massive demand, as more than $165 million in trade volume was recorded. In fact, the exchange-traded fund listed on the Toronto Stock Exchange (TSX) saw it’s first $80 million swapped during the first hour of trading sessions....
US Authorities Take Action to Shut Down Crypto Trading Platform Allegedly Defrauding Thousands of Investors
19.2.2021
The New York attorney general and the U.S. Securities and Exchange Commission (SEC) have filed charges against a cryptocurrency trading platform that allegedly defrauded thousands of investors out of over a million dollars. US Regulators Allege Coinseed Operates Illegal Crypto Trading Platform...
‘More Valuable Than Gold’- The Motley Fool Announces $5 Million Investment Into Bitcoin
18.2.2021
The fifth-largest investment website globally with over 80 million monthly visitors, The Motley Fool’s positive outlook for the future of bitcoin is another data point in the coin’s journey as the influential advisory organization wades into the debate. Investing Advice Provider...
Debut Canadian Bitcoin ETF nears $100 million in volume in first few hours of trading
18.2.2021
Investors are signaling clear demand for the first Bitcoin ETF in Canada, but an American product remains far out on the horizon
Blockchain-Backed NFT Market Value Grew 299% in 2020
18.2.2021
A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year. Two analytical firms behind the studies stated that the NFT industry grew by 299% in 2020. Total Number of Active Wallets Rose by 97% According to the NFT Report 2020, published...