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Crypto losses: $200 million in 2024 due to hacks, rug pulls


Recently, in the year 2024, the cryptocurrency industry has experienced a rapid increase in financial damages due to the frequent occurrence of cyberattacks such as hacks and rug pulls. Immunefi, a blockchain security firm, disclosed that 32 confirmed attacks resulted in losses exceeding $200...

Bitdeer Announces $100 Million Investment From Tether


On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally, Tether holds an option to acquire an additional $50 million in shares in the future. Bitdeer and Tether Forge...

Trader Turns $462 into $3.4 Million Thanks to PEPE


While very volatile, cryptocurrencies offer some of the highest potential returns in investing, especially with assets like meme coins like PEPE. The post Trader Turns $462 into $3.4 Million Thanks to PEPE appeared first on Cryptonews

Crypto Whales Are Stockpiling This New Dog Coin – Is It the Next Dogecoin?


Crypto’s savviest presale magpies are snapping up crypto’s greatest multichain good boy Cosmo, aka Dogeverse ($DOGEVERSE) ahead of the conclusion of his presale on June 3, 10AM UTC. $DOGEVERSE has already taken in well over $15 million towards its $17 million presale target. Crypto’s...

Intella X invests $1.5 million in Supervillain Labs


Intella X has made a wise investment in Supervillain Labs, a Web3 gaming studio that possesses a comprehensive understanding of the Web3 space and gaming. It also possesses the required know-how pertaining to the technology associated with blockchain gaming creation.  The company’s...

DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs


API3, a service that provides DeFi data feeds to blockchain-based smart contracts without relying on a third party, has raised $4 million in a funding round led by DWF Labs. The post DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs appeared first on Cryptonews

Dormant Bitcoin Address Awakens After a Decade, Moves $9.8 Million in BTC


May has emerged as a notable month for ‘sleeping bitcoin’ transactions, with a long-dormant address, inactive for ten years and six months, awakening on May 28 to move 145.89 BTC, valued at $9.8 million. Over $109 Million in Bitcoin From 2013 Moved in May After a much quieter April...

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