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Hong Kong’s New Spot Bitcoin and Ether ETFs See $11.2 Million in Trading Volume on Debut Day
1.5.2024
Hong Kong's entry into the spot Bitcoin and Ether exchange-traded funds (ETFs) market saw six newly introduced ETFs record a trading volume of HK$87.5 million ($11.2 million) on their first day of trading.
The post Hong Kong’s New Spot Bitcoin and Ether ETFs See $11.2 Million in Trading...
Poloniex Hacker Transfers Massive $32 Million Bitcoin Stash
30.4.2024
On April 30, well-known blockchain investigator PeckShieldAlert revealed that 501 BTC, about $32 Million were transferred to three new wallet addresses from an address connected to the infamous Poloniex hacker.
The post Poloniex Hacker Transfers Massive $32 Million Bitcoin Stash appeared first...
Terraform Labs And Do Kwon Push For $1 Million SEC Fine Opposed To $5.8 Billion Demanded After Terra-Luna Crash
30.4.2024
Lawyers for Terraform Labs and its founder Do Kwon are pushing for a fine of $1 million as opposed to the United States Securities and Exchange Commission (SEC)’s proposed $5.3 billion, new court docs reveal. Kwon and the crypto company were found liable for the Terra-Luna collapse by a jury trial...
Final Fantasy Publisher Eats $140 Million In 'Extraordinary Losses' Ahead Of Big Strategy Pivot
30.4.2024
Square Enix’s games have been hit or miss for years, and now the publisher behind Final Fantasy VII Rebirth and other blockbuster RPGs says it plans to be more careful about which projects it invests in. The company expects to “recognize extraordinary losses pertaining to abandonment losses...
India and US Team Up To Tackle $360M Crypto-Funded Drug Ring
30.4.2024
Indian and US authorities teamed up in a search operation in Uttarakhand to uncover a $360 million crypto-funded drug ring.
The post India and US Team Up To Tackle $360M Crypto-Funded Drug Ring appeared first on Cryptonews
Fallout TV Show Claims 65 Million Viewers In Two Weeks
30.4.2024
Amazon Prime has revealed that its Fallout TV show is the second-most popular program it’s made, with a claimed total of 65 million people—or one United Kingdom—watching in its first two weeks. These are the kinds of numbers a network TV channel executive would sell his children’s souls...
GFAL receives $3.2 million via a seed funding round
30.4.2024
Games for a Living, alias GFAL, an eb3-based video games startup, has obtained $2.3 million through a seed funding round initiated by Supercell Ltd and Mitch Lasky. Incidentally, Supercell Ltd is a mobile game-creating business based in Finland, whereas Mitch Lasky is a partner at Benchmark. GFAL...
Chainlink VRF powers 20 Million transactions across blockchains
30.4.2024
With over 20 million request transactions completed for thousands of smart contracts across many blockchains, Chainlink Verifiable Random Function (VRF) is the most extensively used random number generator (RNG) in Web3. With continuous upgrades and enhancements, Chainlink VRF achieves an ultimate...
Former Revolut Employees Launch X10 Exchange to Fill Market Gap Left by FTX, Securing $6.5M in Funding
30.4.2024
Former Revolut employees have launched a new crypto exchange called X10, raising $6.5 million in its first funding round.
The post Former Revolut Employees Launch X10 Exchange to Fill Market Gap Left by FTX, Securing $6.5M in Funding appeared first on Cryptonews
Coal Giant Alliance Resource Has Been Mining Bitcoin Using Excess Electricity Since 2020
30.4.2024
Alliance Resource Partners (ARLP), a prominent coal mining company listed on the NASDAQ, has mined $30 million worth of Bitcoin by utilizing excess power at its facilities.
The post Coal Giant Alliance Resource Has Been Mining Bitcoin Using Excess Electricity Since 2020 appeared first on Cryptonews
Hong Kong ETF Issuers Anticipate $300 Million First-Day Inflows: Bloomberg
30.4.2024
Issuers are expecting approximately $300 million in combined first-day inflows for the six new Hong Kong spot-crypto ETFs, with a preference for Bitcoin funds.
The post Hong Kong ETF Issuers Anticipate $300 Million First-Day Inflows: Bloomberg appeared first on Cryptonews
MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5%
30.4.2024
Bitcoin (BTC) development company MicroStrategy reported a net loss for the first quarter of 2024 of $53.1 million, or $3.09 per share on Monday.
The post MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5% appeared first on Cryptonews
Web3 Gaming Startup GFAL Raises $3.2M in Funding Round Led by Supercell and Mitch Lasky
30.4.2024
Web3 video games startup GFAL “Games for a Living" has raised $3.2 million in a seed funding round led by the Finnish mobile game development company Supercell Ltd and Mitch Lasky.
The post Web3 Gaming Startup GFAL Raises $3.2M in Funding Round Led by Supercell and Mitch Lasky appeared first...
North Korean Lazarus Group Allegedly Laundered Over $200 Million in Stolen Crypto from 2020 to 2023
30.4.2024
These illicit funds were obtained through over 25 crypto hacks orchestrated by the Lazarus Group, which has gained infamy since its emergence in 2009.
The post North Korean Lazarus Group Allegedly Laundered Over $200 Million in Stolen Crypto from 2020 to 2023 appeared first on Cryptonews
Razer’s Pricey Covid Mask Is Costing Them $1 Million In Refunds
29.4.2024
In 2021, video game accessory manufacturer Razer announced its plans to release a mask that people could wear to help stop the spread of covid-19 during the height of the (ongoing) pandemic. Now, almost three years later, the company owes the Federal Trade Commission over $1 million in fines due...
Tether Invests $200 Million in Blackrock Neurotech’s Neurological Disorder Solutions
29.4.2024
Tether, the issuer of the USDT stablecoin, made a $200 million investment in Blackrock Neurotech, a leading biotech company specializing in brain-computer interface (BCI) technology.
The post Tether Invests $200 Million in Blackrock Neurotech’s Neurological Disorder Solutions appeared first...
Slothan secures $15 million amid Chainlink’s 28% drop
29.4.2024
In the crypto world, the last entrant is Slothan, who attracted attention before the presale. The project has exceeded $15 million in funding so far, demonstrating strong token demand and a positive outlook from investors. This way, the mission demonstrates the character of the Slothana, which is...
Four Arrested in an Alleged $1.5 Million Gold Coast Crypto Investment Scam
29.4.2024
Queensland Police have taken action against an alleged cryptocurrency investment fraud operating on the Gold Coast, resulting in the arrest and charging of four individuals.
The post Four Arrested in an Alleged $1.5 Million Gold Coast Crypto Investment Scam appeared first on Cryptonews
Stablecoin firm Tether invests $200M in neurotech company
29.4.2024
Tether’s brand new venture capital division Tether Evo has completed a $200 million strategic investment in the neural implant firm
Taiwanese Prosecutors Indict 32 Individuals Implicated in $24.5 Million ACE Exchange Fraud Scheme
29.4.2024
At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan, and his business partner, while a 12-year jail term has been proposed...