Search
Bitcoin ETFs Gobble Another $477 Million Despite Rising GBTC Sales
16.2.2024
Bitcoin spot ETFs in the United States absorbed another $477 million in net flows on Thursday, maintaining record growth despite a revival of outflows from the Grayscale Bitcoin Trust (GBTC). Data compiled from BitMEX Research shows that Bitcoin ETFs have absorbed over $400 million of flows...
Coinbase’s Philanthropic Arm Donates $3.6 Million to Brink for Bitcoin Development
16.2.2024
Coinbase’s philanthropic arm GiveCrypto is donating $3.6 million to Bitcoin-supporting nonprofit Brink, according to a February 16 announcement. In an X post, Brink announced that all GiveCrypto funds would be directed exclusively to support Brink engineers and their open-source development efforts...
Crypto Media Houses Taken In By Fake $10M Uniswap Airdrop Scam
16.2.2024
A scammer deceived several crypto media houses into running stories on a fictitious $10 million Uniswap airdrop on February 15. This comes as the automated market maker (AMM) blockchain protocol announces the timeline for its latest V4 platform. Crypto News Outlets Promote Fake Uniswap Airdrop...
Ethiopia Explores Crypto Mining with New Hong Kong Data Center Deal
16.2.2024
Ethiopia has inked a memorandum of understanding with Data Centre Service, a subsidiary of Hong Kong’s West Data, to build a $250 million data mining infrastructure project in the country. Data centres provide the facilities to host large-scale Bitcoin mining operations. The East African...
Coinbase Transaction Revenue Hits New High, Surpassing Q4 Expectation – Crypto Adoption Rising?
16.2.2024
In its quarterly report to shareholders, Coinbase posted a 64% jump in transaction revenue to take in $529.3 million in Q4, 2023. The increase in transactions was due to anticipation for the launch of spot Bitcoin exchange-traded funds (ETFs). Widely considered an important step in Bitcoin’s...
Cathie Wood’s ARK Sells More Coinbase Stock Amid Bitcoin Surge
16.2.2024
ARK Invest, the asset management firm led by prominent Bitcoin (BTC) advocate Cathie Wood, has sold a significant amount of Coinbase stock ahead of the crypto exchange’s impressive earnings report. According to a filing on Thursday, ARK Invest sold $34.3 million worth of Coinbase shares from...
Lava Network Raises $15 Million in Seed Funding, Introducing Magma
16.2.2024
Lava Network has successfully secured $15 million in a seed funding round, introducing the next phase of the mainnet. According to a recent blog post by Lava Network, the seed funding round was co-led by Tribe Capital, Jump Capital, and Hashkey Capital. Alliance DAO, Node Capital, North Island...
Solana Mobile Processed Over $20 Million in Payments Using USDC With No Processing Fees
15.2.2024
Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chapter 2’s payments were completed using USDC...
Moonland Web3 Game Targets 100 Million Daily Active Players as it Gears Towards a March Presale. $MTK Airdrop.
15.2.2024
PRESS RELEASE. Blockchain gaming showed more resilience in the bear market. As we entered 2024, many including studio executives predicted millions of people would come to Web3 for the sake of gaming. Some of the attributes strengthening this season’s affinity to gaming hype are...
BlackRock’s daily volume for BTC ETF peaks at $720 million
15.2.2024
BlackRock is expected to close the market at a total volume of $5 billion. The predicted estimate is based on the number for February 14, 2024, when IBIT—that is, iShares Bitcoin Trust—bagged a daily volume worth $720 million. That is the highest figure since the time of the launch of IBIT....
Over 1 Million Telegram Users Sign Up on NEAR Protocol’s Self-Custodial Wallet in 10 Days
15.2.2024
Over 1 million Telegram users have created wallets using HERE, the self-custodial wallet designed for the NEAR Protocol (NEAR), within a span of just 10 days. In a recent note shared with Cryptonews.com, NEAR said users had already created 300,000 wallets within the first 48 hours of its launch...
Starknet Foundation to Distribute 700 Million Tokens to 1.3 Million Wallets
14.2.2024
The Starknet Foundation has announced the first phase of the Starknet Provision Program to reward community members with its utility token. In a Feb 14 release, the platform disclosed the distribution process and the general utility for STRK tokens. Check your eligibility for STRK...
PlayDapp Security Breach Escalates: Cumulative Losses Surpass $290 Million Mark
14.2.2024
The recent PlayDapp security breach has taken a grim turn, with cumulative losses now exceeding $290 million. According to a report by blockchain analytics firm Elliptic, the exploit resulted in the theft of millions worth of PLA tokens, the native cryptocurrency powering PlayDapp’s gaming...
Pandora’s ERC-404 Token Surges with $190M Trading Volume Within a Week of Launch: Nansen
14.2.2024
Pandora, an experimental hybrid token based on the ERC404 standard, has experienced a surge in trading volume since its deployment on February 2. Within just one week, the token’s fully diluted valuation soared to over $320 million, making it one of the most talked-about projects in...
Bitcoin Price Prediction as BTC Eyes Surpassing Meta in Total Market Cap – $1 Million BTC Incoming?
14.2.2024
As of Wednesday, Bitcoin’s trading value slightly declined to $49,540, marking less than 1% decrease. This fluctuation comes amidst a backdrop of significant developments within the crypto space and broader financial markets. Notably, recent reports from the Financial Crimes Enforcement...
CEO of Bank Involved In Pig Butchering Scheme Charged With Embezzling $47 Million
13.2.2024
In a startling breach of trust, the CEO of Heartland Tri-State Bank is facing charges for orchestrating an embezzlement of $47 million. The high-profile case came to light following revelations that the bank played a central role in a sophisticated ‘pig butchering’ scheme, according...
Billionaire Peter Thiel’s VC Firm Bought BTC and ETH Worth $200 Million in Latter Half of 2023
13.2.2024
Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and ethereum worth $200 million sometime in the second half of 2023. The VC firm reportedly began purchasing bitcoin when its price was still under $30,000. Founders Fund’s...
Sustainable Cryptocurrency eTukTuk Approaches $1 Million Milestone in Presale – Next Big Trend?
13.2.2024
Sustainable cryptocurrency eTukTuk’s presale is surging towards $1 million in funds raised. Investors have been piling into the sustainable transportation-focused web3 start-up’s presale ahead of an imminent price rise. $TUK tokens are currently available for $0.0265. But the $TUK price is set...
Fordefi Raises $10 Million from Electric Capital, Paxos to Make Retail Wallets Safer
13.2.2024
Crypto wallet provider Fordefi announced today via press release that it has raised $10 million in funding to help bring its institutional-grade crypto wallet to retail platforms. In other words, the company wants to develop its user-owned self custody wallet-as-a-service (WaaS) solution...
CoinShares Records $42 Million Revenue in Q4 2023 – Crypto Adoption Rising?
13.2.2024
Digital assets management firm CoinShares reported $42 million in revenues and gains in the last quarter of 2023 following a positive swing in the market. The company disclosed the recent financial statements in its Q4 2023 report, showing an increase in year-on-year performance and adoption...