Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for ...
Tag: Million
Crypto lender Salt makes comeback with $64.4 million funding
The crypto winter and FTX collapse have decimated the ranks of cryptocurrency lenders. Genesis, BlockFi, Voyager Digital and Celsius Network all filed for bankruptcy in the past seven months, and the ...
Bitcoin miner CleanSpark beats estimates, posts $29 million loss
Bitcoin miner CleanSpark reported a net loss of $29 million for the quarter ending in December, beating analyst estimates of a $31.3 million loss. It narrowly missed revenue estimates, posting $...
Kraken Stops Ethereum Staking, Fined $30 Million – Trustnodes
Kraken, one of the biggest crypto exchange has been forced to stop providing staking services by the Securities and Exchanges Commission (SEC). “Whether it’s through staking-as-a-service, lending, or ...
Kobe Bryant jersey sells for record $5.8 million at auction
A jersey that belonged to late basketball star Kobe Bryant, expected to fetch between 5-7 million USD, is displayed at Sotheby’s auction house in New York on February 1, 2023. Ed Jones | AFP | G...
Over $9 Million Pledged To Turkey And Syria In Earthquake Response ⋆ ZyCrypto
Advertisement     Crypto asset donations towards victims of the devastating earthquakes in Syria and Turkey surpass $9 million with pledges from Binance, OKX, and Kuco...
Gemini and Genesis attain $100 Million Agreement Over Earn Program
Gemini, a leading cryptocurrency exchange, and Genesis, a digital asset lending and borrowing platform, have recently announced a $100 million agreement over their earn program. This agreement m...
Crypto Donate! MEXC Support Turkey Earthquake With 1 Million Worth Lira
MEXC, the fastest-growing crypto exchange in Turkey, has teamed up with its local staff to support the people who have been injured, providing temporary meals for first responders and affected familie...
Trust Wallet shed light on Peculiar $4 Million User Attack
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Stablecoin giant Tether records surprise $700 million profit
Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images Tether on Thursday published its latest quarterly financials, with the world’s top ...
Bitkraft, Fabric Ventures lead $6.5 million round into web3 loyalty platform
Venture capital firms Bitkraft and Fabric Ventures led a $6.5 million round into Cub3 (pronounced Cube), a customer loyalty platform that aims to automate web3 rewards based on participants’ rea...
Fund Manager Gets 13 Months for $100 Million Ponzi-Scheme Theft in New York
(Bloomberg) — The co-founder of an investment advisory firm based in New York was sentenced Wednesday to 13 months behind bars for stealing more than $100 million from clients in a Ponzi-like sc...
Tether Books Profit Of $700 Million, Exceeds The Expectations
Tether has reported 700 Million Dollar in the fourth quarter of 2022 in a report on its website Tether currently no longer holds any commercial paper or any short-time unsecured loan and has met its d...
Bitfarms pays down $21 million BlockFi loan with $7.75 million in cash
Bitcoin miner Birfarms settled $21 million in debt from BlockFi with a single payment of $7.75 million in cash. The value of mining machines that collateralize those loans has dropped significan...
Web3 music platform Vault raises $4 million Series A led by Placeholder VC
Vault, a music platform built with web3 technology, raised a $4 million Series A led by Placeholder VC. The equity round closed in the third quarter of last year at a $42 million pre-money valu...
Modular blockchain Dymension raises $6.7 million in private token round
Dymension, a modular blockchain that leverages Cosmos’s and Celestia’s technologies, raised $6.7 million in a seed funding round. Big Brain Holdings and Stratos led the round, with M...
Crypto protection startup Coincover raises $30 million
Crypto protection startup Coincover has secured $30 million in funding in a round led by Foundation Capital. Coincover provides protection and insurance-backed guarantees to crypto investors an...
Tether reports $700 million Q4 net profit in latest attestation report
Stablecoin issuer Tether released its latest attestation report on Thursday, reporting a profit of $700 million in the fourth quarter of 2022, which it reinvested into its reserves. “Tethe...
Satoshi-Era Bitcoin Address Moves $9.6 Million in BTC After 11 Years
An ancient BTC address that has not transacted in over a decade came back to life on Wednesday—and the profits are something to behold. Since October 1 2012, address 1MMXRA held 412.12 BTC accumulate...
Sesame Labs Launches Marketing Platform for Web3 Companies with $4.5 Million in Funding
Co-Led by Wing Venture Capital and Patron, the seed round will be used to bring the platform to market SAN FRANCISCO–(BUSINESS WIRE)–Sesame Labs, a Web3 marketing platform that equips Web3 marketers w...
Trust Wallet Clears the Air on Mysterious $4 Million User Hack
Trust Wallet – a multi-chain crypto wallet provider – provided a statement on Wednesday explaining recent events allowing for $4 million to be stolen from one of its users. The company chalked the th...
Disney’s $300 Million Bet To Tempt Back Cinemagoers
Harrison Ford as the eponymous archaeologist in the tank chase scene from Indiana Jones and the Last … [+] Crusade (Photo by Murray Close/Getty Images) Getty Images Ahead of its first quarter ea...
Mawari Raises $6.5 Million in Oversubscribed Seed Round To Build a Decentralized XR Streaming Network
SAN JOSE, Calif.–(BUSINESS WIRE)–Hailed “The $20 Billion CODEC” (Forbes), “The MP3 of AR” and “The Akamai of the Metaverse” (AR Insider), Mawari Corp., announces the close of a $6.5 Million oversubscr...
Fornax Launches Blockchain Version 1.0 with Limited Supply of 20 Million Coins, Smart Contract Support, and Cutting-Edge Technology
Fornax, a new player in the decentralized blockchain world, has announced the launch of its blockchain version 1.0 pre-sale. This version is limited to a total supply of 20 million Fornax Coins and of...
Webaverse Co-Founder Reveals $4 Million Crypto Hack
After having a meeting with con artists who pretended to be investors in a hotel lobby in Rome, the co-founder of the Web3 metaverse gaming engine known as “Webaverse” has stated that the ...
FTX bankruptcy fees near $20 million for 51 days of work
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images FTX’s top bankruptcy, legal, and financial advisors have billed the company more than $19.6 million in fees for work ...
VRRB Labs raises pre-seed round at $20 million valuation as it builds its own Layer 1
VRRB (pronounced “verb”) Labs, a Miami-based crypto startup that is developing a Layer 1 blockchain network, raised $1.4 million in a pre-seed funding round. Investors in the round i...
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers – Blockchain Bitcoin News
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million,...