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Crypto Investor Sues New York Teen for $71.4 million in SIM-Swap Saga
8.5.2020
A crypto investor is suing a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone
Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for Expansion
7.5.2020
On May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such as Anyhedge, and have also participated in helping forward...
CFTC Charges Multiple Firms for $15 Million Crypto and Binary Options Scam
7.5.2020
U.S. and Israel-based firms were charged for promoting fake investment schemes and defrauding customers of $15 million
Abra Garners $5 Million from Stellar Development Foundation
6.5.2020
Abra has received $5 million in funding from the Stellar Development Foundation
ICE Paid Loeffler $9 Million Bonus Right Before She Entered the Senate
6.5.2020
Financial statement reviews show the Intercontinental Exchange, or ICE, gifted U.S. Senator Kelly Loeffler millions during her departure from its daughter company, Bakkt
Bitcoin.com Wallet Users Can Now Purchase More Than $10K Worth of Cryptocurrency
5.5.2020
During the end of March, news.Bitcoin.com reported on the newly updated Bitcoin.com Wallet that features a number of new services like digital currency price tracking. The lightning-fast, noncustodial wallet allows people to store BTC and BCH, but also provides people with the ability to purchase...
Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
5.5.2020
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7.3 million setting up the mining facility, located...
90 Million More People Can Now Spend Crypto With TenX
4.5.2020
TenX’s popular Visa debit card—which lets you spend cryptocurrency without having to manually top up—has launched in Germany and Austria. It supports Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), all of which can be spent anywhere that accepts Visa thanks to the card’s unique auto-convert...
Ripple Co-founder Jed McCaleb Sold 54 Million XRP in April
4.5.2020
Ripple co-founder Jed McCaleb sold more than 54 million XRP in April and still has billions left to sell, according to his wallet activity
UK Cryptocurrency Firms Turn to Equity Funding as ICO Coffers Plunge 70%
2.5.2020
UK cryptocurrency and blockchain startups are turning focus back to conventional means of raising capital, as initial coin offering (ICO) coffers dry up. According to a new report, initial coin offering (ICO) funding last year plunged 71% to £200 million ($250 million) from £700 million...
While the Global Economy Shudders, Andreessen Horowitz ‘Excited’ to Invest $500M Into the Crypto Industry
1.5.2020
The private venture capital firm Andreessen Horowitz (a16z) has announced the company is investing $515 million into the cryptocurrency industry. The firm says its “excited” to bolster crypto networks and businesses. Further, the company hopes to strengthen ideas like next-generation...
ETH 2.0 Issuance Will Be 2 Million a Year at Most Says Vitalik
1.5.2020
Ethereum token issuance will be greatly reduced with Ethereum 2.0 says Vitalik Buterin
Famed Economist Speaks: ‘US Coronavirus Bailout Scam,’ American Imperialism, De-Dollarization
30.4.2020
During the last few weeks, the world has been dealing with the coronavirus outbreak. These days, however, many of the world’s citizens are growing more concerned over the government’s reactions than the virus itself. Moreover, with the U.S. economy feeling the hardship of over...
Andreessen Horowitz Raises $515 Million for New Crypto Fund, Surpassing Initial Goal
30.4.2020
Andreessen Horowitz is bullish on crypto, raising $515 million for its second industry-focused fund
160 Million USDT Tokens Minted During Bitcoin's Rise to $9K
30.4.2020
160 million USDT coins popped into existence while Bitcoin was ascending to $9,000, while whales transferred $85 million USDT to Binance
Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy
30.4.2020
Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value...
London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million
30.4.2020
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented...
Report: Bitmain Earned Over $300 Million in 2020 Despite Rumored Problems
29.4.2020
Bitmain has already earned over $300 million this year despite rumoured economic and legal problems, new report suggests
Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout
28.4.2020
Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102.7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. About 80% of...
DForce Refunds Users After Recovering Assets From $25 Million Hack
28.4.2020
Decentralized finance project dForce has reportedly refunded all users affected in a recent $25 million hack