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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...
Blockchain.com Raises $120 Million in a Strategic Financing Round, Firm’s Institutional Arm Swells
17.2.2021
On Wednesday, as the leading crypto asset bitcoin has been riding above the $50k handle, the well known firm Blockchain.com announced the company has raised $120 million in a strategic financing round. Blockchain.com says the financing comes at a momentous occasion, as the firm’s wallets have...
Crypto Wallet Startup Blockchain.com Raises $120M From Investors Including Google Ventures
17.2.2021
Blockchain.com said the institutional backing will power an increasingly institutional-minded business
Blockchain Firm Asks Nevada State for Permission to Build a Crypto ‘Smart City’ in Storey County
17.2.2021
A crypto “smart city” could become a reality in Nevada’s desert, as a blockchain firm applied to make it possible. The investment company asked the state of Nevada to form a local government in Storey County. Crypto City Aims to Host 33 Million Square Feet of Commercial Space...
Microstrategy to Sell $600 Million Worth of Convertible Notes to Buy More Bitcoin
16.2.2021
The publicly listed company Microstrategy announced that it has plans to purchase more bitcoin after acquiring 71,079 bitcoin during the last six months. On Tuesday, Microstrategy revealed its plans to sell $600 million in convertible senior notes to qualified institutional buyers in order to...
Thor's Teeth! Valheim Sells Two Million Copies In Two Weeks
15.2.2021
Valheim, a Viking survival game made by a team of just five, has sold two million copies in under two weeks. That’s... carry the five... divide by nine... a million copies a week!Read more
Love & coordination at the frontier of governance: How Yearn minted $300 million
15.2.2021
A core Yearn contributor gives the behind-the-scenes account of what may be the most consequential vote in decentralized governance history
Jed McCaleb Sells $22 Million Worth of XRP, Ripple Cofounder’s Stash Could Run Dry by May
14.2.2021
During the last few weeks, the former Ripple executive Jed McCaleb has reportedly been selling millions of XRP tokens and every sale has been monitored by the public. On Sunday, McCaleb dumped another 38 million XRP worth $22 million after selling 95 million XRP last week worth $56 million today....
Mirror Trading International Named Biggest Crypto Scam of the Year After Raking in $589 Million
14.2.2021
Blockchain analysis firm, Chainalysis’ latest crime report has named Mirror Trading International (MTI) as the biggest cryptocurrency scam of 2020. Chainalysis arrived at this conclusion after an investigation found that MTI had taken in $589 million from more than 471,000 deposits. According...
Synthetix announces $12 million raise led by Paradigm, Coinbase Ventures, and IOSG
14.2.2021
As the community debates VCs participating in DAOs, Synthetix welcomes three new community members