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The Leading 5 Defi Categories Overseeing Billions: An October 2023 Snapshot
2.10.2023
As of October 1, 2023, $39.50 billion is nestled within decentralized finance (defi) platforms. Let’s dive into the top five categories, spotlighting the diverse array of defi protocols, the count of these applications, and the wealth they encompass. A Look at 5 Defi Categories Commanding...
Digital Assets Worth Billions Still Secure Despite Rise in Cyber Attacks — Former Microsoft Security Lead
22.9.2023
A former Microsoft Security Lead has insisted that a great proportion of digital assets worth billions of dollars are secure and are being “safely managed by hundreds of protocols.” The security expert suggested that protocols also need to have a platform that allows users to rate...
Softbank Looking to Invest Billions in AI After Pausing Crypto Investments
18.9.2023
Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...
EY invests $1.4 billion in AI tech, launches new platform
14.9.2023
Ernst & Young revealed billions of dollars of investments into AI technologies and the launch of a new AI-powered platform for its clients and internal personnel
US and Vietnam make deals on AI chips and tech worth billions
12.9.2023
The U.S. and Vietnam completed business deals and partnerships worth billions of dollars to advance the AI, semiconductor and cloud computing industries
The Great Shift to Self-Custody: 800,000 BTC Worth Over $20 Billion Pulled From Exchanges in 3 Years
3.9.2023
Over the past three years, there’s been a notable movement in bitcoin holdings. Since September 1, 2020, a whopping 804,000 bitcoin, equivalent to $20.79 billion, has been pulled from centralized exchanges. Notably, 184,000 BTC of that sum, valued at $4.75 billion, was withdrawn in just...
FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto Billions
24.8.2023
The bankrupt exchange wants to return funds to creditors in dollars without denting value
Bitcoin Developers Push Back Against Craig Wright’s Claim to Billions of Dollars in Bitcoin
22.8.2023
A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright’s crypto company retrieve billions of dollars worth of bitcoin that the company allegedly lost in a hack, a Monday court filing shows
Michael Saylor’s Bitcoin Billions Have Rebounded Since He Exited CEO Job a Year Ago
7.8.2023
Saylor stepped down as CEO of MicroStrategy one year ago in order to focus solely on Bitcoin
Mixed signals: Binance denies reports of $90 billion in crypto trades in China
2.8.2023
Binance has refuted claims published in the Wall Street Journal that despite China’s crypto ban, the exchange has conducted billions in crypto-related business in the country
NY Couple to Forfeit Billions in Crypto and Cash in Plea Deal Over Bitfinex Hack Laundering Case
21.7.2023
Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated in the alleged laundering of $4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack, have reached a plea bargain, as revealed by recent court records. The pair is scheduled to appear before U.S. judge Colleen...
'Razzlekhan,' Husband Make Plea Deal in Bitfinex Hack Laundering Case Worth Billions
21.7.2023
The pair will forfeit the proceeds from nearly 120,000 bitcoins they allegedly laundered from the hacked crypto exchange
Lost keys have already cost billions of dollars, many more at risk — Polygon exec
17.7.2023
Polygon’s Mudit Gupta said that despite moving fast in theoretical security, the crypto space is “so far behind” when it comes to practical security
Breaking: Celsius Network fined $4.7B by FTC
13.7.2023
The regulator said Celsius "squandered billions in user deposits" after "duping" customers into depositing funds
IMF eyes tens of billions in crypto asset taxes, has few suggestions for collecting them
5.7.2023
Income tax, property tax, VAT, corrective taxation — there is a tax goldmine out there for governments, but they will have to think hard about accessing it
PolyNetwork Attacker Issues “Worthless” Billions in SHIB, BNB, BUSD in Latest Crypto Hack
2.7.2023
An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security precautions
$7.8B lost in crypto ponzi and pyramid schemes in 2022: Report
28.6.2023
Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn
Binance CEO CZ responds as data points to billions in exchange outflows
12.6.2023
Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao
Regulators Uncover Binance's Billions of Dollars Transactions Through U.S. Banks
8.6.2023
A new filing from the U.S. Securities and Exchange Commission suggests that Binance moved billions of dollars in customer funds through Signature Bank and Silvergate Bank – both crypto-friendly U.S. firms that failed in March. ...
Read More: Regulators Uncover Binance's Billions of Dollars...
Regulators Uncover Binance's Billions of Dollars Transactions Through U.S. Banks
8.6.2023
A new filing from the U.S. Securities and Exchange Commission suggests that Binance moved billions of dollars in customer funds through Signature Bank and Silvergate Bank – both crypto-friendly U.S. firms that failed in March. ...
Read More: Regulators Uncover Binance's Billions of Dollars...