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FBI, Europol Say Akira Ransomware Has Drained $42M from 250 Firms


Akira, a ransomware group, has drained $42 million from 250 firms since March 2023, said the Federal Bureau of Investigation (FBI), Europol, CISA, Europol’s European Cybercrime Centre (EC3), and the Netherlands’ National Cyber Security Centre (NCSC-NL) in a joint statement. The post FBI, Europol...

Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY


The Ethereum network reported a robust income of $365 million in the first quarter of 2024, an impressive year-on-year quarterly revenue growth rate of 155%.  The post Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY appeared first on Cryptonews

Tribe Capital-Backed Nibiru Chain Allocates Over $15M in Developer Grants


Supported by HashKey and Kraken Ventures, Nibiru Chain's new $15 million grant program intends to offer financial resources to developers, with a focus on the Asian market. The post Tribe Capital-Backed Nibiru Chain Allocates Over $15M in Developer Grants appeared first on Cryptonews

Binance Set to Re-Enter Indian Market With $2 Million Fine Settlement


Binance and nine other foreign crypto exchanges were originally blocked in India due to non-compliance with the country’s Anti-Money Laundering (AML) regulations, but Binance is set to return after a four-month absence by paying a $2-million fine, according to The Economic Times. The Indian...

Citadel-Backed Hidden Road Partners Targets $120M in Series B


Hidden Road Partners aims to secure $120 million in a Series B funding round to bolster its crypto and other trading services, targeting a $1 billion valuation. The post Citadel-Backed Hidden Road Partners Targets $120M in Series B appeared first on Cryptonews

GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow of $58M


Grayscale GBTC experienced a net outflow of $79.38 million from Bitcoin spot ETFs, contributing to its historical net outflow of $16.46 billion, while BlackRock ETF IBIT saw a net inflow of approximately $25.78 million. The post GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow...

GTA VI Publisher Cancels $140 Million In New Projects And Lays Off Hundreds


Grand Theft Auto VI publisher Take-Two Interactive announced massive cuts in an SEC filing at the end of business today. The company revealed it will lay off 5 percent of its roughly 11,000-strong workforce and has cancelled several in-development projects valued at $140 million in an effort...

OKX and Polygon Collaborate to Launch X Layer Public Mainnet


OKX, in partnership with Polygon, has launched the X Layer public mainnet, a new ZK Layer-2 solution designed to enhance Ethereum-based transactions for OKX’s 50 million users. The post OKX and Polygon Collaborate to Launch X Layer Public Mainnet appeared first on Cryptonews

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