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Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M
22.3.2024
The Grayscale Bitcoin Trust's (GBTC) exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21.
The post Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M appeared first on Cryptonews
US Law Enforcement Arrests Mastermind of $1.2 Million MEV Rug Pull Scam
21.3.2024
The U.S. law enforcement authorities have arrested Robert Robb, a MEV bot engineer known as “pokerbrat” for allegedly masterminding a $1.2 million crypto rug pull scam. Robb was detained on March 20, according to a screenshot from the Detention Center Inmate information of the Henderson...
Meme Coin Presale Trend Goes Wild on Solana: Almost $150 Million Raised
21.3.2024
An investigation carried out by blockchain sleuth Zackxbt has found that the trend where individuals ask for funds on social networks and promote their meme coin launches has grown in popularity. Almost $150 million has been raised on Solana after Book of Meme (BOME), the token that pioneered this...
DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam
21.3.2024
Texas resident Robert Dunlap has been arrested on federal mail fraud charges in connection with the “Meta-1 Coin” scam that saw investors drained of over $10 million, the Department of Justice reveals. The alleged fraudster had claimed the token was backed by $44 billion in gold and priceless...
Floki joins Carbon Browser to reach over 7 million DeFi users
21.3.2024
A partnership between Floki and Carbon Browser has increased the company’s Web3 visibility, in addition to its overall usability and other significant factors. These consist of increased liquidity and availability, which attract more users. It is worth noting that the increase in visibility...
Bitcoin Spot ETFs See Net Outflow on Third Consecutive Day
21.3.2024
Bitcoin spot exchange-traded funds (ETFs) in the United States have witnessed a three-day streak of net outflows, with a total of $261.5 million leaving the ten approved funds on March 20.
The post Bitcoin Spot ETFs See Net Outflow on Third Consecutive Day appeared first on Cryptonews
Morph EVM Raises $20M Funding Led by DragonFly Capital
21.3.2024
Ethereum Virtual Machine (EVM) Layer 2 firm Morph, has raised $19 million in a seed funding led by DragonFly Capital.
The post Morph EVM Raises $20M Funding Led by DragonFly Capital appeared first on Cryptonews
Cryptopunk #7,804 Sells for $16.38 Million, Second Most Expensive Sold in the Collection
20.3.2024
On Wednesday, March 20, 2024, Cryptopunk #7,804 exchanged hands for a sum of 4,850 ethereum (ETH), equivalent to $16,382,444. This transaction marked it as the collection’s second highest-priced non-fungible token (NFT) sale. It surpassed the transaction of Cryptopunk #3,100, which...
PEPEJump Pumps Up 70,179% in 24 Hours as New Dogecoin Project Raises $3 Million
20.3.2024
As meme coin markets remain supercharged hives of activity, a new ERC-20 meme coin – PEPEJump has skyrocketed +70,179%. This article will provide an analysis of PEPEJump’s current price trends and look to see whether a new meme coin presale, Dogecoin20, represents a more promising investment...
Bitcoin Spot ETFs Lose $326 Million In Largest Daily Outflow Since Launch
20.3.2024
Bitcoin spot ETFs in the United States are showing signs of waning momentum after Tuesday marked their largest daily net outflow since launch.
The post Bitcoin Spot ETFs Lose $326 Million In Largest Daily Outflow Since Launch appeared first on Cryptonews
BlockDAG celebrates $5.8 million presale victory amidst Shiba Inu’s burn strategy and InQubeta presale
20.3.2024
Cryptocurrency is abuzz with BlockDAG’s groundbreaking presale achievement, setting a new benchmark in the blockchain domain. Simultaneously, the Shiba Inu community is witnessing pivotal changes alongside the unfolding InQubeta Presale. BlockDAG generated massive hype with its keynote...
Sygnum carries out the tokenization of $50 million
20.3.2024
Sygnum carries out the tokenization of USD 50 million worth of Matter Labs’ reserve treasury on the zkSYNC blockchain. This is a move toward digital asset economy incorporation in finance. The security tokens with Sygnum are on-chain duplicates of Fidelity International’s large Institutional...
GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000
20.3.2024
Bitcoin experienced a significant price collapse amid continued outflows from Grayscale's converted GBTC spot Bitcoin ETF.
The post GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000 appeared first on Cryptonews
King River Capital, Immutable, and Polygon Labs Launch $100M Gaming Fund
20.3.2024
Australian venture capital firm King River Capital, blockchain gaming firm Immutable and Polygon Labs have teamed up to launch a $100 million gaming fund.
The post King River Capital, Immutable, and Polygon Labs Launch $100M Gaming Fund appeared first on Cryptonews
South Korean Altcoin Issuer Arrested on $16.1m Fraud Charges
20.3.2024
A South Korean altcoin issuer has been arrested on fraud charges. Prosecutors in the country have accused him of duping investors out of $16.1 million.
The post South Korean Altcoin Issuer Arrested on $16.1m Fraud Charges appeared first on Cryptonews
Monopoly Go Spent Almost $500 Million On Marketing, More Than Spider-Man 2's Dev Budget
19.3.2024
Monopoly Go, a single-player mobile board game, launched on April 11, 2023. Since then it has made over 2 billion dollars, been downloaded 100+ million times, and become one of the most popular digital games on the planet. But to reach this point, Scopely, the studio behind the hit game, has spent...
Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges
19.3.2024
Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...
SEC Requests $158 Million Increase to Tackle Crypto Market Challenges in 2025 Budget Proposal
19.3.2024
The U.S. Securities and Exchange Commission is seeking an additional $158 million for its 2025 budget to address the growing complexities in financial markets, particularly the challenges stemming from the crypto sector.
The post SEC Requests $158 Million Increase to Tackle Crypto Market...
Billionaire Michael Saylor Announces $623 Million Bitcoin Purchase, MicroStrategy Now Owns Over 1% of Total Supply
19.3.2024
MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has acquired another 9,245 coins at an average price of $67,382.
The post Billionaire Michael Saylor Announces $623 Million Bitcoin Purchase, MicroStrategy Now Owns Over 1% of Total Supply appeared first on Cryptonews
Crypto Lender Genesis Agrees to $21 Million SEC Fine, Funds to Await Bankruptcy Claim Settlements
19.3.2024
Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of the penalty until after payment of all other allowed claims by the bankruptcy court...