Search
Tim Draper Leads $2.5 Million Funding Round for Ark Labs to Advance Bitcoin Payment Solutions
23.8.2024
Ark Labs has secured $2.5 million in pre-seed funding led by Tim Draper, aimed at advancing the Ark protocol for simplifying bitcoin payments. This funding will help Ark Labs enhance their user-friendly, non-custodial payment system, making bitcoin more accessible for global commerce. Ark Labs...
Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections
22.8.2024
The crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the top corporate donor of the election cycle, according to a detailed report by citizen.org. This hefty financial contribution underscores the expanding sway of...
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
21.8.2024
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter of 2025, aims to expand Bitfarms’ energy...
Mt. Gox moves $75 million BTC, Bitcoin steadies above $59K
21.8.2024
What crypto traders feared most the last few months finally happened to them, and it has not been…
Roman Ziemian Arrested in Montenegro for Alleged $21 Million Cryptocurrency Fraud
21.8.2024
Roman Ziemian, co-founder of the cryptocurrency platform Futurenet, was arrested in Montenegro for allegedly orchestrating a $21 million cryptocurrency fraud scheme. The arrest was part of an international law enforcement operation involving Montenegrin authorities and Interpol. Ziemian, who...
Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations
21.8.2024
Ledn, a crypto lending firm, has secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto sector and the $1.38 trillion syndicated loan...
Trader Buys SUNDOG Worth $1690, Earns Profit Over $20 Million
21.8.2024
A trader bought SUNDOG worth $1,690 and has made a whopping profit of over $20 million in less…
Montenegro arrests executive suspected of $21M crypto fraud
21.8.2024
Montenegrin police arrested FutureNet co-founder Roman Ziemian, alleging he was living under a false identity in the country’s capital city
Mt. Gox Moves BTC Worth $784 Million; Good news for Creditors
21.8.2024
Mt. Gox has moved around 13.265k BTC worth US$ 784 Million to an address(1PuQBjp..WhTb). The sudden transaction has…
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million
21.8.2024
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which...
Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid
20.8.2024
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing...
Base hits 4M active addresses amid ‘Onchain Summer’ campaign
20.8.2024
Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year.
Ledn secures Industry-first $50M Bitcoin-backed syndicated loan
20.8.2024
Ledn’s groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance
Circle’s Euro-Pegged Token EURC Surpasses €50 Million Market Cap
20.8.2024
EURC, a Euro-pegged stablecoin by Circle, the issuer of USDC, has reached a market cap of over €50 Million ($55.37 million). According to Patrick Hansen, Circle’s Senior Director, EU Strategy & Policy, the stablecoin has experienced significant growth, registering a 36% increase in...
Cryptography startup Fabric raises $33M for new data privacy chip
19.8.2024
Blockchain Capital and 1kx co-led the Series A round that will back the development of a new computing chip focused on data privacy
US Bitcoin ETFs on the Verge of Controlling 1 Million BTC
19.8.2024
According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34%...
Gate.io to launch $100M innovation fund with the Blockchain Center in Abu Dhabi
19.8.2024
The fund aims to advance decentralized infrastructure and blockchain adoption and support talent from the US, Asia, Europe and the MENA region
5 Million US Crypto Owners Urged to Push Kamala Harris to Fire SEC Chair Before Election
19.8.2024
Tyler Winklevoss, co-founder of crypto exchange Gemini, has called on the 50 million American cryptocurrency owners to unite and press Vice President Kamala Harris to fire U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler before the upcoming presidential election in November....
Holonym Foundation Emerges With $5.5 Million Seed Funding to Provide Global Digital Personhood With Human Keys
17.8.2024
PRESS RELEASE. 17th August, 2024: Holonym Foundation, an organization building the next generation of digital identity security for the decentralized web, is announcing the completion of a successful $5.5 million seed funding round. The funding round was led by Finality Capital and Paper Ventures...
WazirX restores balances post-hack, withdrawal timeline unclear
17.8.2024
The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges