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SEC Charges 17 Individuals in $300 Million Ponzi Scheme Disguised as Crypto Trading Platform CryptoFX
15.3.2024
The SEC has taken legal action against 17 individuals involved in an alleged $300 million Ponzi scheme operating under the name CryptoFX, a cryptocurrency trading platform.
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Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund
15.3.2024
Arbitrum Foundation proposes a $400 million gaming catalyst fund to the DAO for community endorsement, aiming to invigorate its blockchain gaming ecosystem over two years.
The post Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund appeared first on Cryptonews
Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000
15.3.2024
Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs.
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Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet
15.3.2024
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the Northern District of Illinois U.S. Attorney’s Office, the seizure marks...
Bitcoin-Themed Solana Meme Coin Surges 600x, While Another Bitcoin ICO Reaches $4 Million Milestone
14.3.2024
As Bitcoin continues to chase new all-time highs, Solana meme coin markets remain a hive of activity and Satooshi Nakahobo (BTC) is the latest coin to explode with a 600x surge. This article will provide an analysis of Satooshi Nakahobo’s current price trends and look to see whether an innovative...
Web3 Fashion House mmERCH Secures $6.4m in Seed Investment Ahead of Innaugural Collection
14.3.2024
Blockchain-enabled Web3 fashion startup mmERCH announced its $6.4 million seed funding round at a $25.7 million post-money valuation led by Liberty City Ventures Thursday, marking a significant milestone for the Colby Mugrabi-led fashion house.
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Is It Too Late to Buy Toncoin? TON Rallies with 347M Volume, Eyes on Next Rising Coin
14.3.2024
Toncoin (TON) rose 59% over the last seven days and posted a hefty $347 million in 24-hour trading volume, according to data by CoinGecko. TON is the native coin powering a decentralized file sharing and data storage solution protocol called TON Storage. It launched on The Open Network (TON)...
Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings
14.3.2024
On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various...
Steve Cohen’s Point72 Ventures Leads $10M Funding Round in Crypto Exchange D2X
14.3.2024
Point72 Ventures, an early-stage venture fund backed by Steve Cohen, is leading a $10 million Series A funding round in D2X, a Netherlands-based crypto derivatives exchange.
The post Steve Cohen’s Point72 Ventures Leads $10M Funding Round in Crypto Exchange D2X appeared first on Cryptonews
US Department of Justice Takes Action Against $2.3 Million ‘Pig Butchering’ Scam
14.3.2024
The U.S. Department of Justice files a civil forfeiture action to recover $2.3 million in cryptocurrency linked to a widespread romance “pig butchering” scam operation.
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US FinCEN Investigates $165 Million Crypto Transactions Tied to Hamas
14.3.2024
The US Financial Crimes Enforcement Network (FinCEN) is probing into the $165 million worth crypto transaction linked to Hamas, per Wall Street Journal.
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MicroStrategy Plans Another $500 Million Private Offering of Convertible Senior Notes, Will Use Proceeds to Buy Bitcoin
13.3.2024
MicroStrategy is diving back into the market with a new $500 million private offering of convertible senior notes. The firm plans to use the proceeds to bolster its already considerable Bitcoin holdings. This comes after a previous successful offering and underscores MicroStrategy's unwavering...
Cathie Wood’s Ark Invest Offloads $27 Million Worth of COIN
13.3.2024
Ark Invest sold off an estimated 106,000 Coinbase shares valued at over $27 million on Tuesday following a nearly $69 million offloading Monday. Ark Invest's latest move comes as Bitcoin's value reaches an all-time high.
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Sea Of Stars Gets Surprise Co-op Mode To Celebrate 5 Million Players
13.3.2024
Last year’s hit indie RPG Sea of Stars has passed an impressive milestone and the team behind the game is celebrating in a bit of an unorthodox way. Since its launch late last summer, Sea of Stars has been played by more than five million players, and to mark the occasion, Sabotage Studio...
ClearToken Receives Over $10M Investment From Nomura’s Laser Digital, Flow Traders and GSR
13.3.2024
Digital asset clearinghouse ClearToken announced it has received over $10 million in investment from Nomura’s digital asset subsidiary Laser Digital with participation from Flow Traders, GSR, LMAX Digital and Zodia Custody.
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Floki Price Prediction as $900 Million Trading Volume Comes In – $1 FLOKI Possible?
13.3.2024
The Floki price has remained flat in the past 24 hours, with its current price of $0.0002711 representing an 82% gain in a week.
The post Floki Price Prediction as $900 Million Trading Volume Comes In – $1 FLOKI Possible? appeared first on Cryptonews
Ethereum Challenger Monad Labs in Talks to Raise $200 Million
13.3.2024
The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum...
Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report
13.3.2024
Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the Ethereum chain, with ERC-20 tokens being the most targeted. Unlike in January, the number of victims...
Blockchain-Based Game MetalCore Receives $5 Million in Latest Funding Round
13.3.2024
Studio369's MetalCore secures $5 million in the latest funding round for its web3 combat MMO set in a dystopian alien world, key investors including Delphi Digital, BITKRAFT Ventures.
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Drake Shares Michael Saylor’s Bitcoin Interview, Reaches 146 Million Followers
12.3.2024
Rapper Drake shares Michael Saylor's bold Bitcoin prediction on social media, reaching his massive 146 million Instagram followers. Saylor argues Bitcoin will overtake gold as a store of value, fueling speculation about a renewed crypto market surge.
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