Circle Burns Nearly $650M, Recovers From Unprecedented Crash

USDC price dropped significantly following the fall of Silicon Valley Bank (SIVB). The USDC stablecoin had a $3.3 billion exposure to the collapsed bank. Circle engaged in a series of burns and mintin...

Almost $650M Worth Of Token Unlocks Tabled For March

March 2023 is set to see a flood of tokens enter the market, with 18 projects scheduling their unlocks during the month. The wave of unlocks will see $640 Million worth of tokens set to enter the mark...

About $650M in token unlocks scheduled for March

Ad Eighteen projects scheduled their unlocks to take place in March, which will release about $650 million worth of tokens into circulation, according to Token Unlocks data. Of these 18, six projects ...

Tom Brady, Gisele Bündchen at risk of losing $650M investment in FTX

NFL football star Tom Brady and supermodel Gisele Bündchen staked their $650 million fortune in the now-beleaguered FTX crypto exchange during its bullish days. In June 2021, Brady and Bündchen each t...

South Korea Uncovers $650M in Illicit Funds Moved via Crypto Exchanges 

According to a local report, the South Korean Financial Supervisory Service (FSS) has uncovered illegal international fund transfers of an additional $650 million linked to crypto exchanges.  In June,...

Statemind saving crypto companies $650M shows industry why blockchain audits matter

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Over the last several days, a widespread investigation was launched into an anon...

Robinhood shares spike 30% after Sam Bankman-Fried buys $650M stake

Sam Bankman-Fried, the billionaire founder and CEO of cryptocurrency exchange FTX, has acquired a substantial 7.6% stake in the popular online brokerage, Robinhood.  The news was well-received by the ...

Dragonfly Capital Raises $650M as Billions Flow Into Web3 Funds

Dragonfly Capital, a crypto-focused investment firm, announced this morning it has raised $650 million for its third venture fund. The Dragonfly Fund III handily eclipses the firm’s previous funds, wh...

Dragonfly Capital Launches $650M Venture Fund

The crypto-focussed investment firm Dragonfly Capital has announced closing its third fund with $650 million in capital. Some of the limited partners were Tiger Global, KKR, Sequoia China, Ivy League ...

Dragonfly Capital Announces $650M Raise for Third Crypto Fund

According to a recent update from Haseeb Qureshi, the firm’s managing partner, crypto-centered investment firm Dragonfly Capital, just launched a new fund with $650 million worth of capital. Dragonfly...

DragonFly Capital Floats New $650m Crypto Fund

DragonFly Capital has launched a new Venture Capital Fund worth $650 million to continually invest in the broader digital currency ecosystem.  While earlier filings with the US Securities and Exchange...

Dragonfly Capital Raises $650M for Third Crypto Fund

Dragonfly Capital has closed its third fund with $650 million in capital, pushing the firm’s assets under management to around $3 billion, a company spokesperson told CoinDesk. The fund will focus on ...

Dragonfly Capital Secures $650M for Third Crypto Fund

Share this article Crypto asset investment firm Dragonfly Capital has raised $650 million for the launch of its third fund.  Another Crypto Investment Fund Investors are piling into Dragonfly Capital’...

The aftermath of Axie Infinity’s $650M Ronin Bridge hack

In late March, Ronin, an Ethereum sidechain built for the popular play-to-earn nonfungible token game Axie Infinity, was hacked for over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) for a comb...