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Exploiter of Gala Games returns $22 million GALA tokens in ETH
22.5.2024
An exploiter recently minted $200 million worth of GALA tokens. They have been identified as a security contractor who slipped after connecting their wallet without a VPN. The exploiter has now returned $22.3 million of GALA tokens in ETH. It roughly translates to 5913.2 Ether tokens and...
Crypto whales withdraw $90 million in ETH from exchanges to buy Ethereum’s biggest token launch
22.5.2024
Crypto whales have completed large-scale ETH withdrawals from the top crypto exchange, Coinbase, making the rounds and headlines as big whales and smart investors prepare for the biggest Ethereum (ETH) token launch of the decade. ETFSwap (ETFS), a viral Ethereum token currently in its ICO presale...
BlackRock’s Bitcoin ETF Sees $300 Million in Inflows, Reversing Trend of Low Flows
22.5.2024
BlackRock's spot Bitcoin ETF has generated significant traction, accounting for 95% of the total inflow into United States spot Bitcoin ETFs on Tuesday.
The post BlackRock’s Bitcoin ETF Sees $300 Million in Inflows, Reversing Trend of Low Flows appeared first on Cryptonews
Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led by Paradigm
22.5.2024
Decentralized social media protocol Farcaster has raised $150 million in a funding round led by Paradigm with participation from venture capital fund 16z crypto, Haun, USV, Variant, Standard Crypto and more.
The post Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led...
Gala Games Receives $22 Million in ETH from Perpetrator of Security Breach
22.5.2024
Blockchain gaming platform Gala Games has retrieved approximately $22 million worth of Ether (ETH) from the individual responsible for a recent "security incident."
The post Gala Games Receives $22 Million in ETH from Perpetrator of Security Breach appeared first on Cryptonews
Degen token surges 17% on Farcaster’s $150M Series A raise
22.5.2024
Farcaster, blockchain’s answer to traditional social media, raised $150 million in a Series A funding round led by Paradigm, sending a community token soaring
Is It Too Late to Buy Fantom? FTM Price Climbs as New AI Project Raises $2.2 Million
22.5.2024
As the Fantom (FTM) price climbs to new monthly highs, investors are asking whether it might be too late to buy Fantom.
The post Is It Too Late to Buy Fantom? FTM Price Climbs as New AI Project Raises $2.2 Million appeared first on Cryptonews
22.5.2024
Sealana Smashes $2 Million Mark in Presale: A New Wave in Solana Meme Coins Tuesday, May 21, 2024- As Sealana’s (SEAL) presale passes the $2 million mark, the Solana-based meme coin is poised to become the next crypto to explode in value. Sealana is a playful and culturally resonant meme coin...
Ether Rally Prompts Over $300 Million ETH Inflow to Crypto Exchanges: Nansen
21.5.2024
The fast move likely signals short-term profit taking after ether's rapid 30% rally, one observer noted
ZachXBT Uncovers 7 More Addresses Linked to Lazarus Worth $61 Million—Here’s the latest
21.5.2024
ZachXBT has identified seven wallet addresses containing 891.13 Bitcoin, worth approximately $61 million, linked to the infamous North Korean hacking group Lazarus.
The post ZachXBT Uncovers 7 More Addresses Linked to Lazarus Worth $61 Million—Here’s the latest appeared first on Cryptonews
Hong Kong Police Arrest Three in HK$5.1 Million Virtual Investment Talk Show Ticket Scam
21.5.2024
Hong Kong police have arrested three individuals linked to a fraud syndicate that allegedly defrauded at least 10 residents out of HK$5.1 million (US$653,900) by deceiving the victims into bidding for fake tickets to a virtual investment talk show with the intention of reselling them for...
US Spot Bitcoin ETFs secure continued inflows, totaling over $241 million
21.5.2024
US spot Bitcoin traded funds witnessed an additional day of net inflows, raking in $241.12 million. This has been the case for the past six days in a row, taking place after March. The spot Bitcoin ETFs from companies such as Ark Invest and 21Shares contributed $68 million, while BlackRock’s...
GALA token drops 15% after $200 million security breach at Gala Games
21.5.2024
In a significant blow to the blockchain gaming sector, Gala Games has reportedly lost over $200 million in a potential exploit, resulting in a sharp 15% decline in the value of its native token, GALA. Gala Games’ security team disclosed the incident in the early hours of May 20 after detecting...
Gala Games Hit by $23 Million Token Exploit Due to ‘Messed Up’ Internal Controls
21.5.2024
Gala Games, a prominent blockchain gaming platform, experienced a significant security breach attributed to "messed up internal control" that resulted in the unauthorized sale of 600 million GALA tokens, valued at $23 million.
The post Gala Games Hit by $23 Million Token Exploit Due...
Crypto Exchange Bybit Reaches 30 Million Registered Users Around the Globe
21.5.2024
Cryptocurrency exchange Bybit has announced that it has surpassed 30 million registered users globally, marking a significant milestone in its growth. The company’s market share in spot trading has increased from 2% in 2023 to 9.3% in 2024, according to the latest Kaiko Research quarterly...
Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in New York
21.5.2024
Taiwanese national and darkweb drug dealer Rui-Siang Lin, who allegedly made more than $100 million in cryptocurrency sales of illegal narcotics, has been arrested by U.S. authorities.
The post Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in...
CPI report spurs $932M inflows into crypto investment funds
20.5.2024
Digital asset investment funds attracted $932 million in weekly inflows, according to CoinShares data
XLink Partners with Kaamel Technology to Investigate $10M Security Breach
20.5.2024
XLink has announced a partnership with cybersecurity firm Kaamel Technology, which aims to thoroughly investigate the 'root cause' of a data breach incident on May 15, involving nearly $10 million of user funds.
The post XLink Partners with Kaamel Technology to Investigate $10M Security Breach...
Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue
20.5.2024
BitFuFu's total revenue skyrocketed 149% year-over-year to $144.4 million, beyond expectations. Profit figures were even more massive as its net income exploded more than 12-fold to $35.3 million.
The post Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue appeared first on Cryptonews
BlockDAG’s Innovative Dashboard Boosts Confidence, Eyes $30 Target by 2030, Overshadows Bittensor & TRON Bullish Trend
20.5.2024
BlockDAG‘s strategic initiatives have significantly elevated its profile in the cryptocurrency market, attracting a growing number of investors. By earning a remarkable $28.6 million as its presale reached batch 13, BlockDAG showcases the effective allure of its innovative Dashboard, which...