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2014 Bitcoin Whale Awakens, Spends 1,005 BTC Valued at $64 Million After a Decade
6.5.2024
Contrary to several earlier reports, it has been revealed that not only were 687.33 bitcoins transferred from a dormant 2014 wallet on May 6, 2024, but the owner also appears to have expended a total of 1,005.33 BTC, equivalent to almost $64 million at current exchange rates. 1,005 Bitcoin Worth...
Hong Kong Spot Bitcoin ETFs Reach $230 Million AUM In First Week
6.5.2024
Hong Kong's newly launched spot Ethereum and Bitcoin ETFs accumulate about $2.73 million in assets under management in just one week, outperforming futures ETFs by 80%.
The post Hong Kong Spot Bitcoin ETFs Reach $230 Million AUM In First Week appeared first on Cryptonews
CoinPoker Hosts The Top Poker Tournaments Of The Year In May – CSOP+
6.5.2024
The CSOP Plus (CSOP+) tournament series hosted by CoinPoker comes packed with $25 million in guaranteed prizepools, and runs from May 5-26. The event is a huge upgrade to the successful CSOP Spring which took place last month, and spans 14-18 daily events – with breaks on Fridays –...
BlockDAG X1 mining app emerges as a major player amidst Solana and Avalanche market shift, surging the $22.9 million presale
5.5.2024
When the markets closely observe Solana (SOL) and Avalanche (AVAX) downturns. BlockDAG continues to make waves in the cryptocurrency world with its X1 Mining App, which promises a staggering 30,000x ROI. With its presale having amassed over $22.9 million and the BDAG coin currently priced...
Ripple Price Prediction as Charts Show Potential for 50x Returns And Analysts Predict A Spike – Time to Buy?
5.5.2024
With Ripple's XRP trading at $0.5283 amid a $675 million daily volume, investors closely watch for signals that might hint at a 50x return potential.
The post Ripple Price Prediction as Charts Show Potential for 50x Returns And Analysts Predict A Spike – Time to Buy? appeared first...
Jack Dorsey-Backed Initiative Donates $21M to Bitcoin Nonprofit Opensats to Bolster Development
4.5.2024
According to the 501(c)(3) public charity Opensats, a nonprofit focused on supporting Bitcoin-related initiatives and efforts that contribute to Bitcoin’s success, Jack Dorsey’s philanthropic endeavor #startsmall has contributed $21 million to the organization. Bitcoin Development...
US Authorities Charge Man in Connection With $43 Million ‘Classic’ Ponzi Scheme
4.5.2024
U.S. authorities have charged a man they accuse of operating a Ponzi scheme, which purported to invest in a cryptocurrency trading enterprise. The operator of the scheme is accused of defrauding investors of at least $43 million. FBI Assistant Director James Smith said the actions of Idin Dalpour...
Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam
4.5.2024
An unknown trader lost $68 million worth of Wrapped Bitcoin (WBTC) in a single transaction in an address-poisoning scam.
The post Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam appeared first on Cryptonews
USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 Weeks
3.5.2024
Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as the eighth largest in terms of circulating supply....
Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours
3.5.2024
After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours, and approximately 48,962 traders found their...
Trader loses $68M in address poisoning scam
3.5.2024
The attack caused the unknown trader to lose over 97% of their crypto holdings
Volta Raises $4.1 Million in Seed Funding For Institutional Platform
3.5.2024
Volta secures $4.1 million in seed funding to develop a platform Volta Circuit aimed at improving security and control for institutional investors managing digital assets.
The post Volta Raises $4.1 Million in Seed Funding For Institutional Platform appeared first on Cryptonews
BlockDAG’s $22.4 million presale and strategic vesting schedule amidst crypto innovations outperforming TON and BNB
3.5.2024
BlockDAG has made a significant move by introducing a 4-month vesting period to build long-term investor trust and commitment. This announcement comes as BlockDAG successfully enters its tenth batch, having raised over $22.4 million by selling over 8.4 billion coins with predictions for 30,000x...
Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House
3.5.2024
Former co-CEO of FTX Digital Market Ryan Salame is to transfer a $5.9 million house he owns in the Bahamas to settle criminal charges.
The post Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House appeared first on Cryptonews
Paragraph Raises $5 Million, Acquires Web3 Blogging Platform Mirror
3.5.2024
Paragraph secures $5 million in funding round from Union Square Ventures and Coinbase Ventures to take over the stewardship of the web3 blogging platform Mirror.
The post Paragraph Raises $5 Million, Acquires Web3 Blogging Platform Mirror appeared first on Cryptonews
Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize
3.5.2024
Blackrock, the largest asset management company in the world, has led a strategic funding round of $47 million in Securitize, a capital markets digitalization company. The round, which had the participation of other financial markets and crypto native companies, shows Blackrock is betting on...
Hundred Finance Hacker Transfers Stolen Funds After A Year Of Inactivity
2.5.2024
Following a year of inactivity, the hacker known as Hundred Finance, who was behind the $7.4 million cryptocurrency theft, reappeared on May 1 and began transferring cryptocurrency assets out of Curve's decentralised exchange.
The post Hundred Finance Hacker Transfers Stolen Funds After A Year...
Ex-Starknet and Yuga Labs Execs Join Kraken-backed $100M L1 Nibiru Chain
2.5.2024
Nibiru Chain, a $100 million Layer 1 blockchain, has announced two senior hires from Yuga Labs and Starknet Asia as part of its Asia expansion.
The post Ex-Starknet and Yuga Labs Execs Join Kraken-backed $100M L1 Nibiru Chain appeared first on Cryptonews
Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi
2.5.2024
In April 2024, Web3 lost over $53 million through 21 incidents, a 46% decrease from the previous period.
The post Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi appeared first on Cryptonews
FBI Busts $43M Crypto and Las Vegas Hospitality Ponzi Scheme
2.5.2024
The FBI arrested New York resident Idin Dalpour for defrauding investors of $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.
The post FBI Busts $43M Crypto and Las Vegas Hospitality Ponzi Scheme appeared first on Cryptonews