Search
M&G Invests $20M in UK Bitcoin Derivatives Platform GFO-X
11.12.2023
Source: Pexels UK asset management firm M&G Plc announced it has invested $20 million in the bitcoin derivatives exchange, Global Futures & Options Holdings (GFO-X) looking to support “regulated trading of digital assets” and meet demand from institutional investors. GFO has a partnership...
HTX Sees $258 Million in Net Outflow Since Resuming Operations Last Month
11.12.2023
Source: YouTube / CNBC Justin Sun-linked crypto exchange HTX has seen $248 million in net outflow since resuming operations after a major security breach last month. The breach resulted in the loss of $30 million worth of crypto tokens and prompted HTX to temporarily halt withdrawals and deposits....
Elon Musk’s Ripple Effect: Cogwise Predicts a $95 Million Revenue Loss for X and Its Impact on the Stock Price
10.12.2023
This Sponsored Story is written by Cogwise. As the fallout from Elon Musk’s bold statement continues to reverberate across the business landscape, one crucial question looms: How will the predicted $95 million revenue loss for X translate into tangible effects on its stock price?...
December Sparks NFT Sales Surge — Bitcoin Dominates as Market Recovers, Iconic Collections Realign
9.12.2023
In the wake of a strong rise in non-fungible token (NFT) sales last November, the initial week of December continued this trend, with sales escalating by 57% compared to the previous week. Bitcoin Outshines as NFT Sales Skyrocket in Early December This past week’s NFT sales amounted...
Chimpzee Intends to Save Forgotten Animals In Ukraine During Its Last Week of Fundraising – $2.5 Million Raised Already.
9.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee recently announced its next goal is to provide financial contributions to Forgotten Animals to help neuter cats and dogs abandoned during the Ukraine War. The presale has already raised $2.5...
Nonco Raises over $10 Million in Seed Funding
8.12.2023
Digital asset brokerage firm, Nonco, has raised over $10 million in seed funding, according to a new statement from the company. “The leading brokerage firm for digital assets” “Our aim is to become the leading brokerage firm for digital assets, and we intend to achieve this by establishing a...
Is It Too Late to Buy Optimism? OP Price Gains 25% as a Futuristic Meme Coin Attracts $2.7 Million
8.12.2023
Optimism’s OP price surged 26.80% as Kraken enabled Tether deposits on the network. Image by akif, Adobe Stock. The recent price surge of the native Optimism token OP may be driven by Kraken’s launch of Tether (USDT) deposits and withdrawals on the Optimism network. ???? $USDT...
El Salvador Introduces Exclusive Citizenship Through $1 Million Crypto Investment
8.12.2023
El Salvador has unveiled a new citizenship investment program, the “Freedom Visa,” open to a limited number of applicants. By investing $1 million in bitcoin or tether, participants can secure Salvadoran citizenship. El Salvador’s Bold Bid: Citizenship for Crypto Millionaires...
Jito Launches Airdrop of $225 Million in Tokens to Solana Community
8.12.2023
Source: screenshot from Jito.Network Solana-based decentralized finance (DeFi) platform Jito has launched its much-anticipated airdrop, distributing approximately $225 million worth of tokens to Solana users globally. The airdrop, which commenced on Thursday this week at 11 am EST (4 pm UTC)...
Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets
8.12.2023
Dec. 8th, Panama，Panama City – Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter...
Nigerian Crypto Firm Bitmama to Pay $1 Million for Startup That Raised $3 Million in February
8.12.2023
The Nigerian crypto platform Bitmama is reportedly set to acquire the African remittances startup Payday for $1 million. Reports of Payday’s acquisition come almost a year after the startup raised $3 million in a funding round. Bitmama’s Pivot From Crypto The Nigerian crypto platform...
Is Terra Luna Classic Going to Zero? LUNC Price Drops 3.5% as New Mining Protocol Secures $5 Million
8.12.2023
The LUNC price has dropped by 3.5% today, slipping to $0.00020204 as the cryptocurrency market as a whole gains by 1% in the past 24 hours. Despite this fallback, LUNC remains up by an impressive 74% in the past week and by 200% in the last 30 days, amid rising optimism surrounding Terra Luna...
Animoca Brands raises $11.88 million for Mocaverse
8.12.2023
Animoca Brands has announced that it has raised an additional $11.88 million in funding. The development comes days after Animoca Brands raised $20 million in September 2023. It aims to build a point system and digital identity for entertainment, culture, and Web3 gaming. Having said that, total...
Bitcoin Price Prediction: BTC Dips to $43.5K , Babylon Chain Raises $18M, Kiyosaki Warns of Crash
8.12.2023
On Friday, the leading cryptocurrency Bitcoin, recently witnessed a minor retreat, touching the $43,500 mark, down by over 1% on Friday. The dip comes amidst a backdrop of significant developments, including the closure of an $18 million fundraising round by Babylon Chain aimed at bolstering...
Hong Kong Gaming Giant Boyaa Interactive Shareholders to Vote on $100M Crypto Purchase Plan
8.12.2023
Source: Pixabay Boyaa Interactive International Limited, a Hong Kong-listed company, has scheduled a special general meeting of shareholders to vote on a $100 million crypto purchase plan on December 20. Directors, including independent non-executive directors, have expressed their belief that...
UAE Bitcoin Miner Signs Order Worth Over $380 Million With Microbt
8.12.2023
United Arab Emirates-based bitcoin miner Phoenix Group PLC has signed an order worth more than $380 million with Whatsminer mining rig maker Microbt. Bijan Alizadehfard described the collaboration with Microbt as a reflection of his company’s “strategic foresight.” Microbt to Integrate...
Phoenix Group Acquires $380 Million Worth of Green Mining Equipment from WhatsMiner
8.12.2023
Source: Brian Wangenheim / Unsplash Phoenix Group, a United Arab Emirates Bitcoin mining firm, has disclosed a $380 million deal with WhatsMiner for hydro cooling mining equipment. On December 7, Bitcoin miner Phoenix Group announced that it had swiftly secured a $380 million hydro cooling hardware...
Chinese Cities Launch End-of-Year Digital Yuan Giveaways
8.12.2023
Source: Putra/Adobe More Chinese cities will give away digital yuan tokens and discount vouchers this month, as the People’s Bank of China (PBoC) looks to spur CBDC adoption. The Hebei News Network reported that the PBoC’s Hebei branch and local government authorities in the province will give...
Over 1,000 Bitcoins from Satoshi Era Mined in 2010 Moved to Trading Desks
7.12.2023
Source: Pixabay / Michael Wuensch Nearly 1000 Bitcoin (BTC) worth over $43 million were moved earlier this week after more than 13 years of dormancy, on-chain analysis shows. In a report shared on Wednesday, blockchain analytics platform CryptoQuant noted that a Bitcoin address received 999 BTC...
Versatus Labs Raises $2.3 Million To Launch Stateless Rollup
7.12.2023
Versatus Labs raises $2.3 million in seed round funding, bringing its valuation to $50 million. The funding aims to develop the Verastus LASR, a Stateless Rollup. Image: Versatus Labs In an announcement this Wednesday, Verastus Labs, a peer-to-peer web service protocol aiming to enhance...