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Someone Just Paid Over $1 Million For This One-Of-A-Kind Counter-Strike Skin
5.6.2024
A skin for Counter-Strike’s ever-popular AK-47 just became the most expensive skin ever sold publicly for the game. This isn’t the first time a skin from Valve’s iconic tactical shooter has gone for a high price, but, at over a million dollars, this is easily the highest price one has netted...
Settlement agreement of $885 million between FTX estate and IRS
5.6.2024
FTX debtors must pay the Internal Revenue Service $200 million and a remaining property claim of $685 million. The new agreement will feature the FTX estate paying the Internal Revenue Service nearly $1 billion. The sum totaling $885 million is very low compared to the $24 billion demanded by...
Bitcoin short-term holders amass over 1 million BTC in six months
5.6.2024
In a remarkable shift within the cryptocurrency market, short-term Bitcoin holders have increased their holdings by over 1 million BTC in the past six months. This substantial accumulation reflects a growing confidence among newer investors and highlights the dynamic nature of Bitcoin ownership...
Ronin Network shatters records with over 20 million unique wallets
5.6.2024
Sky Mavis’s prominent blockchain platform, Ronin Network, has achieved a remarkable milestone by surpassing 20 million unique wallets. This achievement underscores Ronin’s rapid growth and its increasing popularity, particularly in the blockchain gaming sector. Launched as a dedicated...
M^0 secures $35M Series A round for stablecoin issuance network
5.6.2024
As part of the fundraising, M^0 has deployed its core protocol and on-chain governance mechanism on the Ethereum mainnet
WienerAI presale hits $4.5 million milestone – Newest meme coin with explosive potential
5.6.2024
Meme coin market craze has slowed down after a month-long bull run. The sectors overall trading volume fell by over 16% in the last 24 hours alone landing it at $6,462,591,275. All of the most popular meme coins are following this downward trend. Pepe (PEPE) saw an 11% red line, but BONK did even...
FTX reaches $200M settlement with IRS on tax bill
4.6.2024
The agreement, which is subject to a court approval, resolves a major hurdle for FTX bankruptcy process
Solana token launch last month was roughly half a million
4.6.2024
As the desire to create a successful memecoin and the reduced barriers to entry became more prevalent, creators launched nearly half a million tokens on the Solana blockchain in May. The previous month saw the development of 455,000 tokens on Solana. In comparison, there were 177,000 tokens...
StarkWare launches $1M research fund for ZK Bitcoin scaling
4.6.2024
StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general
US Media Executive Charged in $67 Million Fiat-to-Crypto Money Laundering Scheme
4.6.2024
The U.S. DOJ has charged the CFO of a media company with one count of money laundering and two counts of bank fraud for participating in a scheme that laundered criminal proceeds using cryptocurrency. Authorities allege that Weidong Guan and his accomplices used bank accounts opened with stolen...
Coinbase donates $25 million to Fairshake’s super PAC
4.6.2024
Coinbase has contributed $25 million towards Fairshake’s super PAC, meant to finance the political campaigning of crypto-inclined congress nominees. This gesture follows similar contributions made by Ripple and a16z to the tune of $25 million to Fairshake recently. The super PAC has now received...
Coinbase chips in another $25M to crypto super PAC Fairshake
4.6.2024
Coinbase has joined Andreessen Horowitz and Ripple in donating $25 million to the crypto-focused super PAC ahead of the United States elections
Billionaire Bitcoin Advocate Michael Saylor Agrees to $40 Million Settlement in Tax Evasion Case
3.6.2024
The billionaire Bitcoin advocate Michael Saylor has reportedly agreed to pay $40 million to settle an income tax evasion dispute with the District of Columbia Attorney General. The settlement ended the Attorney General’s lawsuit, in which it accused Saylor of falsely claiming to be a resident...
Bitcoin miner balances drop under the 1.81 million BTC bracket
3.6.2024
Bitcoin miner balances dropped below the 1.81 million BTC bracket following the halving, and the figure is the lowest for some time now. This signifies an economic struggle after the halving. Bitcoin miner balances have been on a roller coaster ride for a while now. The balance pertaining to miner...
After $7 million hack, Velocore offers bounty to hacker
3.6.2024
Velocore, which is a decentralized exchange, is defrauded of $6.8 million as a result of a vulnerability in the smart contracts that manage its liquidity pools. Incidentally, the exchange functions on the Telos as well as on the zkSync, Era, and Linea blockchains. Since there was a flaw in...
Whales buy $112 million Dogecoin as market sentiment dips
3.6.2024
According to a crypto analyst, whales have decided to mobilize and accumulate an impressive amount of Dogecoin (DOGE), which is a recent and rather exciting event in the world of cryptocurrencies. The unexpected acquisition, which took place over 72 hours, involved 700 million DOGE, or roughly $112...
Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses
3.6.2024
The decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth an estimated $6.8 to $10 million. The Velocore team is actively pursuing the hackers and is open to negotiating a settlement. Hackers Exploited Vulnerabilities Within...
Bitcoin Firm Unchained Partners With University of Texas to Launch $5 Million Bitcoin Endowment Fund
1.6.2024
The financial services firm Unchained and the University of Texas have partnered to launch a long-term endowment fund in bitcoin (BTC). Joseph Kelly, CEO and co-founder of Unchained, set the ball rolling with a personal donation of two bitcoins. The bitcoin financial services firm also intends...
Turkey Detains 127 Crypto Ponzi Scheme Co-Conspirators, Seizes Assets Worth Over $31 Million
1.6.2024
According to Turkish authorities, the country’s law enforcement agencies have disrupted a criminal syndicate that lured unsuspecting residents into investing in a Ponzi scheme disguised as a cryptocurrency investment. The syndicate is reported to have swindled $1 billion from investors who were...
Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies
1.6.2024
A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind. Overall, cryptocurrency adoption is rising worldwide...