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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.
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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...
Dogecoin Price Prediction as $700 Million Floods In – $1 DOGE Possible in June?
20.5.2024
The Dogecoin price has fallen by 1% in the past 24 hours, dropping to $0.1522 on a disappointing day for the cryptocurrency market as a whole.
The post Dogecoin Price Prediction as $700 Million Floods In – $1 DOGE Possible in June? appeared first on Cryptonews
Digital Asset Investment Products See Inflows of $932 Million in Response to CPI Report
20.5.2024
Digital asset investment products experienced substantial inflows totaling $932 million for the second week.
The post Digital Asset Investment Products See Inflows of $932 Million in Response to CPI Report appeared first on Cryptonews
TON cryptocurrency NOTcoin Bottoms Around $0.0054 As Miners Book Profits, Whales Circle
20.5.2024
TON cryptocurrency NOTcoin, the brainchild of co-creator Sasha Plotvinov, launched on major centralized exchanges on 16 May last week to much fanfare – where is the coin price headed next?
The post TON cryptocurrency NOTcoin Bottoms Around $0.0054 As Miners Book Profits, Whales Circle appeared...
Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market
20.5.2024
The Nigerian naira continued with a downward which recently saw it being named the worst-performing currency when it slid by just over five per cent to erase the previous day’s gains. The naira’s depreciation is said to have occurred just a day after the central bank intervened...