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Hacker Seeks Civility in $47 Million Kyberswap Heist, Demands Friendly Negotiations
30.11.2023
In the wake of Kyberswap, a decentralized exchange (dex) platform, suffering a $47 million loss due to a cyberattack, the perpetrator indicated a readiness to engage in negotiations. Yet, despite expressing an openness to resolution, the hacker lamented encountering primarily “received (mostly)...
India Seeks Extradition of Prime Suspect in $240M Crypto Scam from UAE
30.11.2023
Source: Pexels Indian authorities are intensifying efforts to bring the alleged mastermind behind a massive $240 million cryptocurrency scam back to the country. The special investigation team (SIT) of the Himachal police, after nearly two months of probing, has prepared a comprehensive 2,100-page...
FTX Granted Court Approval to Liquidate $744 Million Grayscale Trust Assets
30.11.2023
Bankrupt cryptocurrency exchange FTX just has received approval from a bankruptcy court to sell its stakes in digital trusts managed by Grayscale Investments, according to a bankruptcy court document filed on Friday. This move is part of FTX’s strategic efforts to repay billions owed...
IOTA Rolls Out $100M Abu Dhabi Foundation, Targets Middle East
29.11.2023
Source: Adobe/prima91 Open-source blockchain platform IOTA has unveiled its Abu Dhabi Foundation as part of its strategy to kickstart its Middle East expansion plans. IOTA is the first #DLT Foundation regulated with @ADGlobalMarket in #AbuDhabi ????????! The new #IOTA Foundation will be seeded with...
Wormhole Raises $225 Million at $2.5 Billion Valuation in 2023’s Largest Crypto Fundraise
29.11.2023
Source: Adobe Interoperable blockchain protocol Wormhole has achieved another significant milestone with a $225 million seed fund raised from a group of prominent investors in the crypto landscape. This fundraising is the largest in the Web3 ecosystem so far this year, propelling Wormhole’s...
Poloniex to Resume Withdrawals Starting With TRX After $100M Hack
29.11.2023
Poloniex is resuming operations following a recent hack of exchange hot wallets. Image by Rafael Henrique, Adobe Stock. Cryptocurrency exchange Poloniex announced today that it will begin gradually resuming withdrawal and deposit services starting November 30. This comes after the platform suffered...
Has Pepe Met Its Match? Meme Coin Catches Investor Eyes, Raising Over $600k
29.11.2023
TLDR Pepe Coin nears a market capitalization of $500 million. Stage two of NuggetRush’s presale draws to an end, raising over $600k from sales. This new meme coin is drawing investor attention with its impressive features, posing a threat to PEPE. Pepe Coin (PEPE), the meme-inspired ERC20 token...
Northern Data Subsidiary Bolsters AI Capabilities With $362 Million Nvidia GPU Investment
29.11.2023
On Wednesday, Northern Data Group, headquartered in Frankfurt and specializing in bitcoin mining, disclosed that its subsidiary, Taiga Cloud, has secured a significant acquisition of about 8,200 Nvidia H100 Tensor Core Graphics Processing Units (GPUs). These newly acquired units will complement...
Amouranth Spends $17 Million On Fruit Field To ‘Overtake’ Bill Gates
29.11.2023
Kaitlyn “Amouranth” Siragusa, one of livestreaming’s most recognizable women, is something of a tour de force. She’s building an empire, after all, having bought a gas station, purchased an inflatable pool company, sold water straight from her hot tub, and slung beer made with her vaginal bacteria....
Binance Labs Fuels Web3 Education Revolution with $3.15M Investment in Open Campus
29.11.2023
Binance Labs, the dynamic venture capital and incubation powerhouse behind Binance, is spearheading a transformative journey into the future of education. It has recently solidified its commitment by making an investment worth $3.15 million in Open Campus, an avant-garde Web3 education platform....
Wormhole raises $225M at $2.5B valuation
29.11.2023
The protocol reached a total value locked of $3.8 billion at its peak
Poloniex prepares to resume withdrawals after $100M hack
29.11.2023
Poloniex says it will start resuming deposits on Nov. 30 with Tron (TRX), the cryptocurrency of Justin Sun-founded Tron blockchain
IOTA launches $100 million Abu Dhabi foundation for Middle East expansion
29.11.2023
The IOTA Ecosystem DLT Foundation is the first to receive approval from regulators in Abu Dhabi after its financial authority passed a new, related law earlier in the month
‘Stagnant’ BTC Price and Rate Hikes Drove Down Crypto Miner Canaan Inc’s Revenues in Q3
29.11.2023
Canaan Inc, the crypto miner and mining rig producer, said the company’s overall revenue in Q3 stood at $33.3 million or some $40 million lower than the Q2 revenue. According to the company’s CEO, stagnant bitcoin prices and rate hikes by the U.S. Federal Reserve were some of the...
Is ApeCoin Going to Zero? APE Price Plunges 2% in 1 Hour While Bitcoin Minetrix Locks in $4.5 Million of Fresh Investment
29.11.2023
Bored Ape Yacht Club (BAYC) governance token ApeCoin is continuing to grind down with resistance as APE price plunges -2% in an hour, but could this surging alternative token be a superior play amid $4.5m investment? ApeCoin has suffered challenging price action in recent weeks, following...
As PEPED Coin Races Up 1,500% on DEXTools, This Under-Radar Crypto Has Scooped Up $2 Million – What Does it Do?
29.11.2023
DEX market activity is fuelling seismic on-chain activity and PEPED coin is the latest DEX-launched to explode after a +1,500% skyrocket, but could this under-radar crypto be next following $2M presale? Recent months have seen a huge trend in explosive DEX-traded token moves, with countless...
Animoca Brands Now the Largest Validator on TON Network
29.11.2023
Animoca Brands is now TON blockchain’s largest validator and will henceforth “provide funding, research, and an analytics platform.” The software company said Animoca’s collaboration with TON further reinforces its commitment to the latter’s ecosystem. The Animoca...
US DOJ Seizes $9 Million in USDT from Cyber Scam Organization, Tether to Onboard FBI
29.11.2023
Source: AdobeStock / Krakenimages.com The United States Department of Justice (DOJ) has seized nearly $9 million worth of USDT from an organization running pig butchering scams – with Tether’s help. According to the press release, the authorities traced the funds to cryptocurrency...
Zipmex Proposes Repayment of 3.35 Cents Per Dollar to Creditors in Latest Restructuring Plan
29.11.2023
Source: Zipmex Zipmex has put forward a new proposal to repay creditors, initially offering 3.35 cents for each dollar of their claims as part of its restructuring efforts, according to Bloomberg. This initial payout is part of a broader plan to address the crypto exchange’s $97.1 million...
VC Firm Electric Capital Warns Crypto Community About New Disguised Crypto Scam
29.11.2023
Source: Pixabay The co-founder of the crypto-focused VC firm Electric Capital, Avichal Garg, has warned investors over a potential disguised crypto scam. The early-stage VC that raised $300 million for its third fund in September, is now being targeted by crypto scammers. According to Garg’s...