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Fintech Provider Portal Raises $34 Million in Seed Funding


Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech...

South Korean Customs Officer Thwarts Crypto Mining Rig Smugglers


South Korea’s Customs Service has rewarded a staff member who stopped smugglers from illegally bringing crypto mining rigs into the country. Per the news outlet Incheon Ilbo, the employee at Incheon Airport Regional Customs stopped smugglers from bringing crypto mining hardware worth around...

Palworld Has Reached Nearly 20 Million Players In 12 Days


What started off as a relatively obscure survival game known colloquially as “Pokémon With Guns” has officially become the biggest third-party Game Pass launch of all time, as Palworld has reached 19 million players in just under two weeks. That’s a lot of people catching legally distinct...

Ripple Co-founder Hacked of Over $112 Million Worth of XRP


Ripple executive chairman and co-founder Chris Larsen has taken to social media to clarify reports of the payment protocol being hacked on Wednesday. Larsen’s Accounts Hacked “Yesterday, there was unauthorized access to a few of my personal XRP accounts (not @Ripple) – we were quickly able...

Web3 Lost $38.9 Million to Bad Actors in First Month of 2024: Quantstamp


Bad actors have stolen $38.9 million from various Web3 projects in the first month of 2024. According to a recent report from Quantstamp, a decentralized finance (DeFi) security startup, bad actors used different attack vectors to steal funds, including smart contract hacks, key compromises,...

Web3 Lost $127M to Hackers in January 2024 + More Crypto News


Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Web3 Lost $127M to Hackers in January 2024; Up 5.9x YoY Messari Expands Market Intelligence Services to Europe Portal Raises $34 Million from Major...

Bitcoin ETFs Net $255 Million Daily Inflows As Grayscale Sell-off Cools


U.S. Bitcoin ETFs met a tsunami of inflows on Monday as Bitcoin (BTC)’s price came roaring back above $43,000. The asset absorbed $255 million of net flows across all ten publicly traded spot ETFs that launched on January 11. That even factors in the Grayscale Bitcoin Trust (GBTC) – the oldest...

Coinbase to Impose Fees on USDC to USD Conversions Exceeding $75 Million


On January 30 Crypto exchange Coinbase announced a new fee structure affecting large-scale conversions from USDC to USD. The changes, set to impact institutional clients handling significant transaction volumes, mark a shift in the exchange’s fee policy. In an announcement published on...

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