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Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas
21.5.2021
On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2...
Valheim Was Made By 5 People And Sold Nearly 7 Million Copies
20.5.2021
It’s a good year to be a Viking. Embracer Group, the Swedish video game holding company formerly known as THQ Nordic, released a financial report today showing that early access game Valheim has sold 6.8 million copies so far, with Embracer expecting it to sell up to 8 million copies in total...
There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion
19.5.2021
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or...
Microstrategy Buys $10M Worth of Bitcoin, MSTR Shares Down Over 60% Since February
18.5.2021
On Tuesday, the publicly-listed business intelligence company, Microstrategy, announced the purchase of 229 bitcoins adding to the firm’s current stash of crypto. The company’s CEO Michael Saylor told his Twitter followers that Microstrategy now holds 92,079 bitcoins. Microstrategy...
Elon Musk Impersonators Rake in $2 Million: Regulator Warns of Fake Giveaway Cryptocurrency Scams
18.5.2021
The U.S. Federal Trade Commission (FTC) says reports of cryptocurrency scams have skyrocketed. In particular, people have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators within the past six months. Elon Musk Impersonators and Other Cryptocurrency Scams The...
Six People Connected to a $36M Crypto Scam Arrested, Scheme Operated From Multiple Locations in Europe
18.5.2021
Authorities in Germany launched a massive operation that cracked down on a sophisticated crypto scam, resulting in the arrest of six people in different European countries. Initial reports state that such a fraudulent scheme stole over $36.2 million worth in virtual currencies from individuals...
EY invests $100 million to expand blockchain product suite, launches DeFi contract simulator
18.5.2021
Ernst & Young is investing $100 million into targeting enterprise DeFi with its latest suite of Blockchain Analyzer products
Chinese Police Return Bitcoin to Victim in 3 Million Yuan Theft Case
15.5.2021
Police in China’s Jiangxi province have reportedly recovered bitcoins stolen from a victim and returned them to the owner. The case involves the theft of 8.236 bitcoins, worth approximately 3 million yuan. Police Return Bitcoin to Theft Victim Police in China’s Jiangxi province have...
Thai Public Company Brooker Group Invests $6.6 Million in Bitcoin
15.5.2021
The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company has disclosed that it has bought 122.3158 bitcoins worth $6.6 million or 200 million baht. Thai Public Company Invests in Bitcoin The number of public companies...
Delphi Digital forms $5 million NFT investment ‘syndicate’
14.5.2021
The new investment wing will focus on NFTs and NFT infrastructure
Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding
14.5.2021
The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum metaverse Decentraland. Big Time Studios aims to bring...
Buy the Dip: Microstrategy Grabs $15 Million More Bitcoin — Now Holds 91,850 BTC in Treasury
13.5.2021
Nasdaq-listed Microstrategy has bought the dip and purchased $15 million more bitcoins, taking advantage of the falling price for the cryptocurrency after Tesla CEO Elon Musk revealed that his company has suspended accepting bitcoin for payment. Microstrategy now holds about 91,850 bitcoins....
Funding Roundup: Fresh Capital Aims to Advance Blockchain Product and Service Capabilities
13.5.2021
Beyond expanding the reach of blockchains’ functionality, projects are striving to improve upon existing technologies with their capital injections to build a more safe, secure, and seamless user experience that will drive the next generation of products and services. Moma Protocol Receives...
Do 46 million Americans really own crypto?
12.5.2021
Newsweek published an article claiming 46 million Americans own Bitcoin, but where did the figures come from?
E-Commerce Giant Ebay Now Allows NFT Sales Citing ‘Massive Wave of Attention’
11.5.2021
Ebay, which has 187 million buyers on its platform, is now allowing the sale of non-fungible tokens (NFTs), the company has announced. Ebay says: “This is only the beginning. This initial rollout will help us learn more about what’s important to our community.” Ebay Updates...
ParaSwap Generates $37 Million in 24 Hours on Polygon
11.5.2021
ParaSwap, the leading decentralized platform for traders, witnessed a profit of $34 million in 24hrs. This profit pushed the finance app to the 17th position on the dApp ranking. The token exchange, launched on Ethereum in 2020, was further positioned in the Polygon platform by April 2021....
Rari Capital falls victim to $11 million exploit
8.5.2021
Rari's RGT token is plummeting on the news
$85 million ‘Meebits’ NFT project exploited; attacker nabs $700,000 collectible
8.5.2021
The team has paused minting, and will have to use a manual workaround to prevent further exploits
Crypto Payment Firm Simplex Acquired by Publicly-Listed Canadian Firm Nuvei for $250 Million
8.5.2021
The publicly-listed Canadian firm Nuvei Corporation announced the acquisition of the cryptocurrency company SimplexCC Ltd in an all-cash deal for $250 million. The deal is pending regulatory approval and Nuvei expects Simplex to “enhance” the firm’s portfolio of alternative...
‘Once in a While You Get Shown the Light’— Jerry Garcia Art to be Auctioned as an NFT for $1 Million
7.5.2021
The now-deceased and former lead guitarist for the Grateful Dead, Jerry Garcia, will have a rare piece of his artwork sold as a non-fungible token (NFT) collectible asset. The NFT is a digital piece called “Gift” and is being sold by the Jerry Garcia Foundation, a nonprofit that...