Topline As a rash of disappointing earnings battered the already-struggling technology industry this week, famed stock-picker Cathie Wood, the CEO of New York City’s ARK Invest, cashed in on rec...
Tag: Million
Binance Recovers $5.8 Million From Axie Infinity’s Stolen Funds
Leading cryptocurrency exchange Binance said it has recovered $5.8 million linked to the recent hack of popular blockchain gaming project Axie Infinity. Binance Recovery of Nearly $6 Million Changpeng...
UK Central Bank to Raise $420 Million to Up Crypto Scrutiny
Britain’s banking regulator is planning to seek funding from the institutions it administers in order to increase its oversight of the crypto industry. The Bank of England’s Prudential Regulation Auth...
Why Bill Ackman is so down on Netflix he’d rather take a $430 million loss than wait for a turnaround
In the past 24 hours, Netflix has been hit with a double-digit barrage of Wall Street downgrades, and an epic stock sell-off. For investors, the worst blow of all came in the form of a no-confidence v...
Binance recovers $5.8 million in crypto stolen from Ronin Network
TL; DR Breakdown Binance recovers $ 5.8 million in stolen assets from Axie Infinity’s Ronin Network. Ronin hackers use the Tornado tool to convert the stolen money Binance has recovered $5...
When Beeple Made $69 Million With Digital Art NFT
Beeple is among several well known NFT artists, who makes digital art, and sells them in the form of NFTs. His most well known art is known as “Everydays – The First 5,000 days,” which got sold for $...
Westpac Faces $83 Million Fine for Several Lapses
Westpac, a major Australian bank and financial services provider, has been ordered by a federal court to pay a penalty of AU$113 million (around $82.9 million) for compliance Compliance In finance, ...
Polygon-based Rario Concludes $120 Million Funding Led by Dream Capital Rario Concludes $120 Million Funding Led by Dream Capital
Singapore-headquartered cricket NFT platform Rario has bagged $120 million in funding led by Dream Capital. The Series A funding round also saw the participation of Alpha Wave Global. Founded in 2011,...
Decentralized identity startup Spruce raises $34 million in funding round led by a16z
Spruce, a startup that developed a toolkit for decentralized identity, has raised $34 million in a Series A round led by a16z. Other participants in the round include Robot Ventures, Okta Ventures, Or...
Algorand invests $15 million over 5 years in Climate Ride
Algorand Foundation has entered into a five-year partnership with Climate Ride to promote environmental health and sustainability. Algorand is becoming greener with a multi-million dollar grant to Cl...
Moonbirds NFT Sales Skyrocket Capturing $364 Million in 5 Days – Bitcoin News
A non-fungible token (NFT) collection called Moonbirds has been a topical conversation within the NFT community as the compilation’s sales have been enormous. The Moonbirds NFT project started selling...
Larry Nassar Abuse Survivors File $130 Million In Claims Against FBI Over ‘Gross Negligence’ In Handling Of Assault Case
Topline More than a dozen women who were assaulted by former USA Gymnastics team doctor Larry Nassar filed $130 million in claims Thursday against the FBI over the bureau’s “grossly negligent failure”...
QPay to Give Up £2 Million to FCA after Court Order
Financial technology company, QPay, has agreed to a court order to give up £2,000,000 held in its name to the Financial Conduct Authority (FCA), the UK’s financial industry regulator. Take Advantage o...
Kadena launches $100 million grant program to improve blockchain scalability
Kadena, a Layer-1 proof-of-work protocol, has unveiled its new $100 million grant. The program is part of Kadena Eco, a strategic initiative that brings together industry thinkers, tech talent, and fu...
Dogecoin Foundation Receives One Million DOGE Donations to Make the Token “the People’s Currency”
– Advertisement – DOGE proponents are still poised to make cryptocurrency the people’s currency. MyDoge, the self-custodian Dogecoin wallet developer, recently made a whopping donation o...
Elon Musk’s Boring Company Raises $675 Million To Scale Traffic-Fighting Underground Loop Projects
Topline Elon Musk’s The Boring Company announced on Wednesday it has raised $675 million in Series C funding to scale its underground Loop projects and develop a next generation tunneling machine, tak...
The Boring Company raises $675 million in Series C fundraising valuing it at $5.6 billion
The Boring Company (TBC), founded by Tesla (NASDAQ: TSLA) CEO Elon Musk to revolutionize transportation, announced on April 20 its Series C funding round of $675 million. It is projected that The Bori...
Digital Freight Service Convoy Hauls In $260 Million To Build Out Trucking Platform
Convoy says it has 400,000 truckers using its smartphone app. Convoy Convoy, a digital platform to make trucking more efficient, said it’s raised an additional $260 million to build out its service as...
Citi and State Street Participate in FundGuard’s $40 Million Funding
FundGuard, an AI-powered SaaS investment management and asset servicing enterprise platform, has recently secured funding worth $40 million in its Series B investment round. Through the funding, the c...
3.6 million Americans Likely to Pay by Crypto This Year, Survey Shows
The year 2022 holds a lot of promises for the broader digital currency industry as a forecast from Insider Intelligence shows adoption of crypto payment will continue to rise. The data analytics platf...
Eden Hazard’s Real Madrid Goals Have Cost Over $20 Million Each; It Should Sell
Despite the team’s success this season, one of its most well-known names has played only a bit part. Getty Images Real Madrid and Eden Hazard have a decision to make. Many injuries and few match...
Enterprise blockchain provider BlockApps raises $41 million
BlockApps, an enterprise blockchain provider, has raised $41 million in funding to grow its development team and accelerate its go-to-market strategy, the company announced today. The funding was led ...
Sandbox Sets $4 Billion Valuation, Seeking to Raise $400 million – crypto.news
According to sources privy to the matter, Metaverse startup Sandbox is on the verge of starting a fresh round of raising capital at a valuation of $4B. The company aims to raise approximately $400 mil...
US Secret Service Seize Over $102 Million Worth Cryptocurrency –
U.S. Secret Service has seized cryptocurrency worth more than $102 million Approx 254 fraud cases are under investigation Through cryptocurrency money at a faster pace than the traditional format The ...
Liquid staking protocol Lido allocates $6 million to Ethereum development
Lido Finance’s governance forum has passed a vote to support Ethereum protocol contributors via the Protocol Guild to the tune of about $6 million. The Protocol Guild is said to be a novel appro...
Framework Ventures unveils $400 million fund with a special focus on blockchain gaming
Framework Ventures, a crypto-focused venture capital firm, said Tuesday that it has raised $400 million for a new fund. In a statement, Framework said that half of the new capital, some $200 million, ...
Siemens Gamesa in $629 million sale of south European assets to SSE
Details of the agreement between SSE and SGRE were announced on the same day the latter released preliminary results for the second quarter, reporting revenue of around 2.2 billion euros and an operat...