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Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply
27.9.2024
From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2%...
$1.1B TIA token release to push October’s crypto unlocks to almost $2B
27.9.2024
Celestia tokens worth $1.1 billion will be unlocked on Oct. 31, while $300 million in Cheelee tokens will be released on Oct. 10.
US Authorities Bust Billion-Dollar Crypto Laundering Network, Charge 2 Russians
27.9.2024
Two Russian nationals have been charged with running a massive money laundering network that processed billions through cryptocurrency exchanges, the U.S. Department of Justice (DOJ) announced. These exchanges, including Cryptex and Joker’s Stash, enabled criminals to bypass regulations and funnel...
Binance Founder CZ To Leave Prison Today With His $60 Billion Fortune
27.9.2024
On Friday, Binance Founder, Changpeng Zhao (CZ) will leave prison as a free man for the first time…
Terror victims claim DOJ withholding their cut of $4.3B Binance penalty
26.9.2024
Four people who are victims or family of victims of state terrorism sued the Justice Department claiming it hasn't put the billions from Binance's settlement into a victim fund
Russia’s Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says
26.9.2024
Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that cybercrime now represents 40% of all crimes...
MicroStrategy raises $1.01B for Bitcoin acquisitions
20.9.2024
MicroStrategy completes a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment
MicroStrategy raises $1.01B for Bitcoin acquisitions
20.9.2024
MicroStrategy has completed a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment
Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value
18.9.2024
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within...
USDT on TON chain surpasses $1 billion: Token Terminal
17.9.2024
Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC)
USDT Reaches $1 Billion Authorized Issuance on TON
17.9.2024
Tether’s USDT, the number one stablecoin by market cap, is growing as part of the TON ecosystem. According to the TON team, the stablecoin reached a milestone recently, registering authorized issuance numbers exceeding $1 billion. However, TON clarified that only $720.6 million was...
Latam Insights: Brazilian Federal Police Cracks Down on $9.7 Billion Crypto Money Laundering Rings, Brazil Uses AI to Detect Crypto Tax Fraud
16.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazilian police dismantle $9.7 billion crypto laundering rings, Brazil uses an artificial intelligence (AI) tool to detect tax fraud linked to cryptocurrency...
AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation
14.9.2024
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated...
FBI Warns of Growing $55 Billion Business Email Scam
13.9.2024
The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently routed through banks in the United Kingdom, Hong...
Operation Niflheim: Brazilian Authorities Crack Down on $9.7 Billion Crypto Money Laundering Rings
12.9.2024
The Brazilian Federal Police dismantled an operation that used crypto to launder money from criminal sources, sending it abroad. Operation Niflheim involved the issuance of eight arrest warrants and 19 search and seizure orders against these groups that operated in Caxias do Sul, Sao Paulo...
ParaFi Capital to tokenize $1.2B fund on Securitize
12.9.2024
ParaFi Capital will tokenize part of its $1.2 billion portfolio using the Avalanche blockchain and tokenization platform Securitize
Bitcoin Slumps As Crypto ETFs See $1 Billion Weekly Outflows
12.9.2024
News headlines carry the “Bitcoin (BTC) slumps to $56,000 again” as 1 billion ETF outflow was recorded over…
OpenAI fundraising could push valuation to $150B
11.9.2024
As fundraising unfolds, OpenAI’s valuation is expected to reach $150 billion. Several tech giants, including Apple and Nvidia, are reportedly backing the round.
Over $55 Billion in Settlements Between Russia and Turkey Potentially Disrupted by Recent Western Sanctions
10.9.2024
Trade settlements between Russia and Turkey via bank transfers are now being disrupted due to the new sanctions enacted against Russia. According to Russian media, the U.S. is currently checking all sources of transfers to and from Russia, and bank headquarters are heavily scrutinizing Russian...
FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams
10.9.2024
The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted for 71% of these losses, highlighting the growing exploitation of digital...