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Crypto more popular among millennials than mutual funds, survey shows
28.6.2022
The report titled “How Millennials See Their Financial Future” showed that 40% of millennial survey participants have invested in crypto
Harmony hacker sends stolen funds to Tornado Cash mixer
28.6.2022
The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge
Bitcoin Funds See Largest Outflows on Record ‘By a Wide Margin’ – CoinShares
27.6.2022
Bitcoin (BTC) and crypto-backed investment funds saw outflows of USD 423m last week, marking the largest weekly outflows on record “by a wide margin,” data from the digital asset investment firm CoinShares shows.
Per the latest update from CoinShares, the large outflows were solely focused...
$1 Million Bounty For Returning Funds Taken From Horizon Bridge
27.6.2022
Harmony Protocol has announced a bounty worth $1 million for returning the funds that were maliciously extracted from Horizon Bridge. Additionally, Harmony Protocol has committed not to advocate criminal charges for returning the funds and sharing exploited information. The announcement was made...
Crypto Hedge Funds, Traders Short Tether After UST’s Implosion: Report
27.6.2022
The positions are worth at least “hundreds of millions” of dollars in notional value, one trader said
ONE Keeps Trending Lower while Harmony Offers Hacker USD 1M in Bounty for Return of Funds
27.6.2022
The team behind the layer-1 blockchain Harmony (ONE) has offered the Horizon Bridge hacker USD 1m in bounty for the return of some USD 100m in stolen funds.
"We commit to a [USD] 1M bounty for the return of Horizon bridge funds and sharing exploit information," Harmony said in a Twitter post...
‘Smear campaign’: Nexo responds to accusations of stealing donations, siphoning funds from charity
27.6.2022
A pseudonymous Twitter account making a series of accusations against Nexo has caused the crypto lender to issue a cease and desist notice
Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure
26.6.2022
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more...
Japanese Virtual IP Firm Raises $10 Million to Accelerate Metaverse Business
25.6.2022
Brave Group Inc., a Japanese virtual IP firm, recently said it had raised $10 million in new capital and that the company expects to use part of these funds to boost its “solution services for clients in the metaverse marketing business.” Taking part in Brave Group’s latest...
Goldman Sachs Raising Funds to Buy Celsius Assets: Sources
24.6.2022
The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt
Axie Infinity's Ronin Bridge to Re-Open After Hack, Locked Funds to Be Returned
24.6.2022
Ronin (RON), Ethereum (ETH) sidechain built specifically for the play-to-earn game Axie Infinity (AXS), will soon re-open a bridge used to transfer assets to the chain after it was halted following a major hacking incident in March this year.
According to a tweet from Ronin on Thursday,...
Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds
23.6.2022
According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million...
Ukraine Raises Over $100,000 From Cryptopunk NFT Sale
22.6.2022
The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine...
CoinShares Report Shows Major Outflows From Bitcoin Short Funds
21.6.2022
Digital asset investment products see $39M in outflows last week, with total assets under management reaching a new low
Solend Says Whale at Center of Solana DeFi Controversy Starts Moving Funds
21.6.2022
A large wallet at the center of the governance drama started to move millions of dollars of cryptocurrencies this morning, Solend said in a tweet
Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC
18.6.2022
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement agency has said. After converting the cryptocurrency to local currency, the two students would...
GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens
17.6.2022
Dark days for crypto institutional investors as contagion fears are magnified and asset prices tumble
Liquidity provider asks platforms to freeze 3AC funds to recover assets after litigation
16.6.2022
Danny Yuan said that their team detected that $1 million was missing from their company's funds at Three Arrows Capital (3AC)
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
15.6.2022
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by...
Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto
15.6.2022
Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdoored imposter wallets. The apps are distributed via cloning of legitimate sites, giving...