A pair of former executives from League of Legends maker Riot Games have raised $55 million in Series A funding for a new game studio called The Believer Company. But despite being backed by firms tha...
Tag: 55M
Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens
Burning tokens is a way of reducing supply, which subsequently adds value to each token as long as the level of demand remains the same. The Floki team hopes to position the project as serious decentr...
Floki Inu developers want $55m FLOKI burn
Earlier today, Floki Inu’s developers initiated a governance proposal to the DAO to burn almost $55 million worth of FLOKI tokens to eliminate excessive tax emanating from transactions. Issues for v...
FLOKI Soars 15% After DAO Proposal to Burn $55M in Floki Inu Tokens
Floki Inu developers contemplate burning nearly 5 trillion FLOKI tokens (worth almost $55 million) to reduce the tax applied on each transaction. FLOKI’s price reacted positively, surging 15% in a few...
US DOJ announces seizure of 55M Robinhood shares
The United States Department of Justice has officially notified the court handling the bankruptcy of BlockFi that it has seized assets as part of the criminal cases against crypto exchange FTX and its...
U.S. DoJ Seizes 55M Robinhood Shares Linked to FTX
– Advertisement – The Department of Justice seized 55.27M Robinhood shares and $20.74M from an account in ED&F Man Capital Markets Inc linked to FTX. The United States Department of Ju...
Celestia Foundation raises $55M for modular blockchain architecture
Celestia Foundation announced on Oct. 18 that it had raised $55 million in a funding round led by Bain Capital Crypto, Polychain Capital, Placeholder, Galaxy, Delphi Digital, Blockchain Capital, NFX, ...
Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis
Many owners of precious Bored Ape Yacht Club (BAYC) and CryptoPunks nonfungible tokens (NFTs), who used them as collateral to take out loans in Ether (ETH), have failed to repay their debts. The situa...
NVIDIA Settles $5.5M with the US SEC
The US Securities and Exchange Commission (SEC) has fined NVIDIA over inadequate disclosures over its role in cryptocurrency mining activities. According to the SEC, NVIDIA failed to properly report t...
NVIDIA Fined $5.5M for Inadequate Disclosures in Cryptomining: SEC
America’s top financial watchdog – the Securities and Exchange Commission – has settled with Nvidia over charges that the company under-reported the impact of crypto mining on its gaming business. NVI...
SEC Alleges Nvidia Failed to Report Mining Earnings, Issues $5.5M Fine
Nvidia Corporation will pay a $5.5M fine following a clampdown by the Securities and Exchange Commission regarding the company’s failure to disclose that its chips were used for mining purposes. Nvidi...
Nvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining
The United States Securities and Exchange Commission, or SEC, has announced that it has settled charges against Nvidia — the company behind graphics cards used by many crypto miners — in regards to “i...
Plus500 Sees 75% Jump in Q4 2021 Revenue, Kicks Off $55M Share Buyback
Plus500 (LON: PLUS) reported its unaudited financials for the fourth quarter of 2021, reporting revenue of $161.1 million, which is 75 percent higher than the previous year. However, the broker witnes...
Jack Dorsey invests $55M to experiment universal basic income
Jack Dorsey, the co-founder of the most popular social media platform Twitter has turned to Bitcoins. Recently, he discussed the implications of a coin designed by Satoshi Nakamoto powered universal b...
Cardano addresses with 10K to 1M coins buy an additional $55M worth of ADA
Cardano investors have been expanding their holdings during the recent market correction. The accumulation comes despite small traders staying away from the market due to the fear of a bear market. On...
Binance Leads $5.5M Seed Round for Heroes of Mavia
Binance recently assisted Heroes of Mavia by leading a 5.5 million dollars seed round. The gaming venture will use the funds to enhance its game development, attract fresh talent, and promote the comm...
P2E Game Heroes of Mavia Bags $5.5M in Seed Funding Led by Binance Labs
Ethereum-based play-to-earn game, Heroes of Mavis, has recently completed its seed funding round where it raised $5.5 million from Web3 and metaverse investors, including Binance Labs. Binance and Oth...
P2E game Heroes of Mavia closes $5.5M seed round
Heroes of Mavia, a blockchain-based play-to-earn massively multiplayer online (MMO) strategy game developed by Skrice Studios, has closed a $5.5 million seed funding round, Invezz learned from a press...