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Valve Fined $4 Million Over Steam Controller Patent Infringement
3.2.2021
SCUF has scored a major win in their patent infringement trial over Valve, with a jury awarding $US4 million to the third-party controller manufacturer over the sale of the Steam Controller.Read more
22.3 million Bitcoin addresses were active during January
2.2.2021
On-chain Bitcoin activity surged during January, with more than 22.3 million addresses sending or receiving BTC last month
CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests
1.2.2021
PRESS RELEASE. Crypto-backed lending service CEX.IO LOAN that launched in October 2020 in select global jurisdictions, has been experiencing major demand, receiving over $100 million worth of loan requests to date. While the service has been widely popular among retail investors, most of...
ProBit Exchange Retains Its Grip on the IEO Space with Nearly USD 2 Million Raised
31.1.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
ProBit Exchange has once established itself as the pacesetter in the IEO space following several successful IEO including a massive USD 1.5 million raise for blockchain of things project SmartKey...
Pirate’s Treasure: How the World’s Leading Torrent Site Pirate Bay Amassed $4.5 Million in Bitcoin
30.1.2021
The Pirate Bay has been the world’s most popular torrent web portal for the last eighteen years. Despite a few hiccups during that time, the site remains accessible via mirrors and proxy websites. In addition to remaining online, Pirate Bay has been accepting bitcoin for donations since 2013...
Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison
30.1.2021
A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund...
$180 Million Bitcoin Investment Fund IPOs on Canadian Stock Exchange
29.1.2021
Canadian investment management firm Ninepoint has completed an initial public offering (IPO) of its bitcoin fund on the Toronto stock exchange. The company says the offering is the largest IPO of a bitcoin investment fund in Canada to date. Ninepoint Partners announced Wednesday that its Bitcoin...
US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution
29.1.2021
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with...
Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’
28.1.2021
The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy...
American Cancer Society Creates Its First Crypto Only Donation Fund
28.1.2021
The American Cancer Society has set up a fund for crypto donations so the nonprofit can raise at least $1 million by early 2021. Together with The Giving Block, the U.S.-based voluntary health organization expects to collect funds via several cryptocurrencies. Donations to Fund Cancer-Related...
Marathon Patent Group Buys $150 Million Worth of Bitcoin as a Reserve Asset
26.1.2021
Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. The firm joins the growing list of publicly listed companies holding bitcoin in their treasuries. Merrick Okamoto, chairman and chief executive officer of Marathon, said the Nasdaq firm is buying...
Mad Money’s Jim Cramer Advises $731M Powerball Jackpot Winner to Put 5% in Bitcoin
25.1.2021
Mad Money host Jim Cramer has provided some investment advice aimed at the latest Powerball jackpot winner of $731.1 million. He recommends putting 5% of the jackpot in bitcoin alongside several other investments, such as gold and real estate. Jim Cramer Says Put 5% of Powerball Jackpot in Bitcoin...
Japanese Police Arrest 30 People for Allegedly Having Exchanged Stolen Cryptos From the 2018 Coincheck Hack
23.1.2021
Japanese police charged 30 people for their alleged involvement in illegal transactions linked to the well-known $530 million Coincheck hack in 2018. Tokyo authorities traced all individuals’ transactions to different places across the nation. Illicit Transactions Are Estimated to Have...
Buying the Dip: Multibillion-Dollar Microstrategy Invests $10 Million More in Bitcoin
22.1.2021
Nasdaq-listed multibillion-dollar company Microstrategy has purchased more bitcoins. With the latest buy of the cryptocurrency worth $10 million, the company now holds 70,784 bitcoins in its treasury. Microstrategy’s Bitcoin Holdings Rise to 70,784 The Nasdaq-listed Microstrategy (NASDAQ:...
Rick and Morty Creator Sells NFT Art Collection for Over $1 Million in Ether
22.1.2021
Justin Roiland, the co-creator of the Adult Swim cartoon series Rick and Morty has joined the growing trend of celebrity artists creating non-fungible token (NFT) artwork. After the animator released the collection called “The Best I Could Do” on the NFT auction house Nifty Gateway,...
Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021
21.1.2021
Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust...
UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP
21.1.2021
Court documents show that the company, Tetragon Financial Group, has filed a lawsuit against Ripple after the firm was charged by the U.S. Securities and Exchange Commission. The court filing indicates that Tetragon and Ripple allegedly made an agreement, and the SEC case deeming XRP as...
Valve, Capcom & Bethesda Fined $9.5 Million For "Geo-Blocking" PC Games
21.1.2021
The EU have fined Valve and five publishers a total of €7.8 million (USD$9.5 million) over their practice of “geo-blocking” PC game sales on Steam, which basically means forcing users in a country (say, Germany) to only pay the German price for a game, instead of letting them buy a cheaper version...
Yearn.finance team proposes $225 million YFI token mint
20.1.2021
Community members and contributors are moving forward with a plan to build a treasury and better incentivize developers
Hip-Hop Star Soulja Boy Examines Crypto, Considers Creating His Own NFT Collectibles
20.1.2021
On January 19, the American hip-hop star and rapper DeAndre Cortez Way, otherwise known as “Soulja Boy,” asked his 5.2 million Twitter followers to tell him the best way to purchase crypto. Following the initial tweet, Soulja Boy continued to discuss cryptocurrencies for the rest of...