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Scotland Yard Seizes Record £114 Million in Cryptocurrency


British police have carried out U.K.’s largest crypto seizure to date. Detectives working on a money laundering case found a staggering £114 million worth of cryptocurrency in a suspect’s account. Scotland Yard vowed to continue the investigation. UK Makes One of World’s...

Decentraland Sees a Record USD 913,000 Virtual Land Sale


Ethereum (ETH)-based open-world virtual reality (VR) game Decentraland just recorded the largest virtual land acquisition in its history. The buyer, virtual real-estate firm Republic Realm paid over USD 913,000 for 259 parcels of digital in-game land, paid in 1,295,000 MANA tokens. The virtual...

Europe Raises 20 Unicorns This Year Including Crypto Companies


Twice as many European startups have achieved unicorn status in 2021 compared to last year. Despite the negative effects of the ongoing Covid crisis, young companies on the Old Continent, including several crypto unicorns, have managed to attract a record high amount of VC capital. European...

Sotheby’s Record CryptoPunk Auction Sees a Wave of New Bidders


CryptoPunk #7523. Source: Sotheby's The New York-based auction house Sotheby's got another proof that its venture into non-fungible tokens (NFTs) is attracting a fresh wave of customers - as more than 75% of the bidders in the latest record-setting auction were new to Sotheby’s. The auction house...

Home Crypto Mining Spikes in Brazil Amid Record High Unemployment


With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than...

Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1


Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker...

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