Metaverse crypto coins are showing bullish momentum today as most cryptocurrencies are up a few percent. Bitcoin and Ethereum also manage to register single-digit percent price gains, making it an exc...
Tag: Million
Coinbase NFT Partner 0x Labs Raises $70 Million From Greylock Partners, Jump Crypto, and Jared Leto
0x co-founder Will Warren 0x Labs San Francisco-based decentralized exchange infrastructure provider 0x Labs has closed a $70 million Series B financing round led by Greylock Partners at an undisclose...
Scammers hijacked BAYC’s Instagram page to steal $2.5 million in NFTs
TL;DR Breakdown: BAYC’s Instagram was temporarily hacked by a scammer for a phishing attack on investors. About $2.5 million was reportedly lost in the attack. The Instagram page has been recovered, a...
NFT Project Aku Dreams Loses $34 Million To Smart Contract Flaw
Akutars, a highly anticipated Ethereum-based NFT project developed by Aku Dreams, which featured the character of a young astronaut, hit a snag after its launch on 22nds April and locked up $34 millio...
Ava Labs The Company Behind AVAX Is Attempting To Increase $350 Million In A Fresh Series Of Fundraising
Although the growth is the greatest among the top ten cryptocurrencies, it is not unusual. Polychain Capital and Three Arrows Capital led a $230 million financing in the Avalanche public blockchain ec...
Entertainment company Mad Realities raises $6 million to create decentralized media
Mad Realities, a new media company, raised a $6 million seed round to become a decentralized entertainment platform that lets viewers own and co-create TV shows based on the non-fungible tokens (NFTs)...
$1.1 million NFT scam: Lessons learned
REV3AL creates technology protecting NFT authenticity to meet industry concerns as scammers steal 356.56 ETH through NFT project rugpull Fresh concerns regarding shady NFT projects and investments com...
Build a million dollar empire with Quitriam Finance (QTM), Ethereum (ETH) and Litecoin (LTC).
Cryptocurrencies are continually evolving and improving their system characteristics in order to give better returns for investors and entrepreneurs. With the increased competitiveness of new coins en...
Uncollateralized Lending Platform Truefi Reveals $100 Million Single-Borrower Pool Designed for Blockchain.com – Bitcoin News
The crypto firm Blockchain.com has revealed it has secured up to $100 million in liquidity from Truefi’s single-borrower pool. The pool will be initially capped at $100 million over the first year and...
Liquidations Surpass $300 Million As Bitcoin Touches 40-Day Lows
Crypto liquidations have been ramping up coming out of the weekend. The market had recorded a number of dips that saw more than $80 billion shaved off the crypto market. This had meant that bitcoin ha...
Moonbirds NFT sells for record $1 million within week of launch
Moonbird #2642, one of the rarest members of the Moonbirds NFT collection, sold for a record 350 ETH (over $1 million) on the NFT marketplace OpenSea on Saturday. The buyer of the piece was The Sandbo...
Nigerian Fintech Startup Afriex Raises $10 Million For Its Blockchain Money Transfer Platform
Afriex lets users transfer money through stablecoins in less time and at a lower cost than a wire … [+] transfer. Afriex When Tope Alabi moved back to Nigeria in 2019 after 20 years in the U.S.,...
ETH Briefly Flips $2,800 as $200 Million got REKT
A few minutes to the time of writing, Ethereum experienced increased sellers’ congestion that brought it as low as testing its 30-day low. The $2,800 support broke under intense pressure but rebounded...
US crypto miner Compass selling $30 million of equipment in Russia to avoid sanctions: report
American crypto-mining outfit Compass Mining is selling off about $30 million worth of hardware in Siberia after the US government sanctioned rival BitRiver over its Russian operation, Bloomberg repor...
Liverpool might seal £70 million sponsorship deal from a crypto firm
TL;DR Breakdown Liverpool might become the first Premier League team to have a crypto company as its main sponsor. The football club is considering several options as their contract with Standard Char...
Bitcoin Drops Below Ascending Channel to $38,000, Liquidations Spike to $200 Million
Arman Shirinyan Bitcoin’s long-lasting pattern no longer exists, as traders lose $200 million betting on the reversal Following almost two weeks of consolidation, Bitcoin has finally dropped bel...
Akutar NFT contract permanently locks $34 million
TL;DR Breakdown A single-line of code error led to a permanent lock of $34 million. The Akutar team ignored a red flag from a security specialist. Some critics picked the issue and condemned the team....
Smart contract mistake locks up $34 million of ETH for NFT project
An NFT project called AkuDreams was hit by a griefing exploit through its refundable Dutch auction Friday in which the hacker did not profit, but the project’s smart contract was subsequently lo...
Assistant Director David Smith USSS Seized Over $102 Million in Crypto since 2015: Official
The United States Secret Service (USSS) has seized over $102 million in cryptocurrencies during investigations into criminal and fraud cases since 2015, said David Smith, Assistant Director of Investi...
Yomi Games Acquires $2 Million To Develop Itself As Such Zynga Of Cryptocurrencies
After working with a number of NFT collections, Battlebound (whose creators are former Riot Games workers) recently raised $4.8 million in its seed phase. Since then, Animoca Brands, the creator of Th...
Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia – Mining Bitcoin News
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government ...
OFAC sanctions three more Ethereum addresses tied to $600 million Ronin attack
The US government is continuing to issue sanctions tied to last month’s headline-generating attack on Axie Infinity’s Ronin sidechain, which resulted in the theft of more than $600 million...
Hacker left $1 million in smart contract programmed to destruct
After a successful robbery, a hacker supposedly left over $1 million in a smart contract that was programmed to destruct, assuring the crypto could never be moved. Took advantage of Defi vulnerabiliti...
‘The Bad Guys’ Wins Weekend With Solid $24 Million Debut
‘The Bad Guys’ DreamWorks and Universal In a grim ”times have changed” comparison, it was less than five years ago when I was slightly disappointed that DreamWorks’ delightful Captain Unde...
Singapore-based NFT platform Rario acquired $120 Million in Funding Led by Dream Capital
Rario, a Singapore-based cricket NFT platform, has acquired $120 million in funding led by Dream Capital. The Series A fundraising round included Alpha Wave Global as well. The Singapore-based company...
Elon Musk Says Bill Gates has a $500 million short position in Tesla
Tesla CEO Elon Musk is irked at Bill Gates. He doesn’t see how Gates, a leading proponent of sustainable energy, could possibly sell Tesla’s stock short. And Musk says Gates is doing just that. In a t...