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Grayscale Adds 174,000 LTC to Its Litecoin Holdings- Price of the Altcoin Unresponsive
4.3.2021
According to reports, Grayscale added 174,000 tokens to its litecoin holdings in the past month. This haul pushed its total holdings of the altcoin to 1.44 million. Following this acquisition, which represents 80% of all litecoin that were mined in the past month, the total value...
Badger DAO announces $21 million treasury diversification via VC partners
3.3.2021
Badger DAO has welcomed some deep-pocketed investors into the community with an asset sale aimed at de-risking the treasury portfolio
An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions
3.3.2021
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year...
Musician Grimes’ debut NFT auction generates $5.8M in 20 minutes
2.3.2021
Acclaimed musician Grimes has made $5.8 million in 20 minutes after auctioning eight tokenized artworks in her first NFT drop
BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion
1.3.2021
Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than...
Defi on Bitcoin Cash Gets a Boost- Smart Money Startup General Protocols Raises $3 Million from Investors
1.3.2021
On March 1, the startup General Protocols announced the company has raised $3 million in a Series A financing round led by a number of strategic investors. General Protocols is the firm behind the Anyhedge protocol, the first decentralized finance (defi) project built on the Bitcoin Cash network....
20 Bitcoin Block Rewards from 2010 Moved Today, Mystery Miner Spent $400 Million in BTC Since Black Thursday
28.2.2021
On Saturday, February 27, 2021, news.Bitcoin.com reported on the great number of 2010 and 2011 block rewards being spent this year. In that report, it was said that the mysterious whale entity we’ve been hunting “did not move a major string of bitcoin’s” since January...
Transaction batching protocol Furucombo suffers $14 million “evil contract” hack
27.2.2021
The latest attack relied on user permissions granted to the protocol
The $282 Million Awakenings: 120 Bitcoin Block Rewards from 2010 and 2011 Woke Up This Year
27.2.2021
On February 25, onchain analysts noticed two 2010 block rewards that were transferred after sitting dormant for over a decade. A lot of old blocks have been spent in 2021, and after the large strings of 2010 block rewards spent on January 3rd and 10th, another massive string of 20 block rewards...
Dubai Based Crypto Investment Fund to Convert $750 Million Worth of BTC Into ADA and DOT Tokens
26.2.2021
A Dubai based crypto-based investment fund, FD7 Ventures says it will offload bitcoins worth $750 million and will use the proceeds to increase positions in Cardano and Polkadot tokens. According to FD7 Ventures, this switch to the two altcoins will help the fund to better serve the interests...
Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million Users
25.2.2021
According to a new study conducted by Crypto.com, the total number of global cryptocurrency users has surpassed 100 million for the first time ever. The study, which measured the cryptocurrency marketplace’s size using onchain metrics, survey analysis, and internal data, recorded 106 million...
Defeated Donald Trump-themed NFT Sells for USD 6.6 Million
25.2.2021
The resold NFT by Beeple. Source: A screenshot, Nifty Gateway
The non-fungible tokens (NFTs) market is showing signs of hotting up to unprecedented levels – with a Donald Trump-themed piece of digital art fetching a staggering USD 6.6m in a resale deal.
The artwork was created by popular digital...
Square Adds $170 Million More in Bitcoin to Balance Sheet — Company Now Holds 5% of Total Cash Reserves in BTC
24.2.2021
Square has bought more bitcoin, adding $170 million worth of the cryptocurrency to its balance sheet. The company now holds 5% of its cash reserves in bitcoin. Its Cash App was used by more than three million customers to purchase or sell the cryptocurrency last year. $170 Million Bitcoin Purchase...
Pokémon Go Devs Have Punished Over 5 Million Cheaters Since 2020
24.2.2021
Niantic, the studio behind augmented reality mobile games like Pokémon Go, Harry Potter: Wizards Unite, and Ingress, has reportedly punished over 5 million cheaters since the beginning of 2020, with over 1 million players receiving permanent bans across the three games.Read more
Total estimated crypto users worldwide tops 100 million, survey finds
24.2.2021
Bitcoin's runaway growth in January boosted the global crypto user base by close to 16%, according to an analysis from Crypto.com
Alameda Research doubles down on Maps.me, invests $40 million in Oxygen
24.2.2021
Alameda Research is going all-in on a travel app to jumpstart DeFi adoption
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...