The world of cryptocurrency continues to be a hotbed of activity. Recently, Conflux (CFX)’s price retreated to $0.287 while still up 93% this week, while Solana (SOL)’s incessant outages triggered a b...
Tag: Million
DeFi Platform Euler Finance Loses $197 Million in Flash Loan Exploit
Defi News It is still unclear what vulnerability was exploited to launch the assault. The attacker employed a chain of six separate flash loans. According to audit platform BlockSec, the decentralized...
Flash Loan Attack Drains $180 Million From Euler Finance
The decentralized finance (DeFi) sector recorded massive losses in 2022. While many expected a different story in 2023, bad actors have continued their game of exploiting DeFi. Some days back, Hedera ...
15 Million Under Flood Watch As Yet Another ‘Atmospheric River’ Approaches
Topline More than 15 million residents in northern and central California have been placed under drought watches as yet another band of intense rain approaches the state, which has been alleviated of ...
Crypto Lender Euler Finance Falls Prey To $197 Million DeFi Flash Loan Attack
– Advertisement – Summary: Euler Finance was drained of DAI tokens, staked Ether, USDC, and wrapped Bitcoin after a flash loan attack. On-chain security firms BlockSec and Peckshield said ...
Circle Begins USDC Redemptions as It Burns 314 million USDC: On-Chain Data
Following the unexpected collapse of Silicon Valley Bank on Friday, there were inquiries regarding the vulnerability of Circle, one of the leading companies in the crypto industry and the issuer of th...
DeFiance Capital completes first close of $100 million liquid token fund
Arthur Cheong’s crypto investment firm is back in the game after getting hit by the now-bankrupt crypto hedge fund Three Arrows Capital. DeFiance Capital completed the first close of a new...
916 Million XRP Moved by Ripple as Third Crypto-Friendly Bank Crashes
Yuri Molchan Ripple fintech firm shoveled over 900 million XRP in three massive chunks after Signature Bank shut down Contents Ripple shovels 724 million XRP, whales move 192 million Signature Bank cl...
Framework and Bitkraft lead $6 million seed funding into gaming studio Jungle
Bitkraft and Framework Ventures co-led a $6 million seed funding round into Jungle, a Brazil-based web3 gaming studio. Delphi Digital, Karatage, Fourth Revolution Capital, Monoceros, 32bit Vent...
Euler Finance sees $195 million in crypto drained in exploit…
Today’s hack saw an attacker drain millions in $DAI, $USDC, $StETH and $WBTC in a flash loan attack. In the largest hack so far in 2023, an attacker was able to carry out multiple transactions that ne...
Euler Finance flash-loan attacked for an estimated $197 million
Lending protocol Euler Finance was hit by a flash-loan attack, resulting in a loss of $197 million, according to security firms BlockSec and PeckShield. The attack occurred at 4:50 am ET, allowi...
Costly Mistake: Here’s How a USDC Investor Lost 2 Million in a Race Against Time
The collapse of Silicon Valley Bank (SVB) on March 10 has caused ripples in the crypto industry, leaving many investors anxious about the exposure of major players like Circle, the issuer of the popul...
‘Scream VI’ Sets Franchise Record With $44.5 Million U.S. Debut
Topline Scream VI, the latest installation of the long-running horror movie franchise, grossed an estimated $44.5 million domestically in its opening weekend, Paramount said Sunday, setting a record f...
‘Scream IV’ Sets Franchise Record With $44.5 Million U.S. Debut
Topline Scream VI, the latest installation of the long-running horror movie franchise, grossed an estimated $44.5 million domestically in its opening weekend, Paramount said Sunday, setting a record f...
Top Presale Big Eyes Coin Raises Over $31 Million! The Meme Coin Joins The Likes of Ethereum and Filecoin As One of The Biggest Presales In History
With the tens of thousands of cryptos that are out there on the market, with more launching every week, it’s easy to assume that releasing a crypto project is something simple and fast. The fact is th...
Bitcoin And Flow Coin Slump, As Big Eyes Coin Continues Its Unstoppable Presale Run Past $31.24 Million
There have always been significant swings in the value of Bitcoin and other cryptocurrencies, including sudden peaks and rapid drops. Nonetheless, investors and cryptocurrency enthusiasts are quite an...
SEC Files Complaint Against BKCoin And Co-Founder For Alleged $100 Million Scam
Many crypto investors have lost their funds in scams such as BKCoin. For instance, Bitcoinist reported that the DeFi sector recorded a whopping $678 million to hackers in the second quarter of 2022, c...
USDC Holder Forks Over $2 Million For $0.05 USDT In Desperate Move To Evade Crypto Crash
Every crypto investor’s nightmare starts when a sudden change in the industry leads to panic and massive selloffs. The effect of these two occurrences usually leads to uncontrollable price dips and de...
BlockFi’s Uninsured $227 Million In Silicon Valley Bank Raises Concerns, Filing Shows
Reports have shown that BlockFi also has $227 million in the troubled Silicon Valley Bank, which wasn’t insured. Notably, SVB is not managing the fund directly. As the saga of the Silicon Valley Bank...
Republic First Shares Jump 10% on News of $125 Million Capital Raise
By John Jannarone Shares of Philadelphia-based regional bank Republic First Bancorp, Inc. (Nasdaq: FRBK) jumped as much as 10% Friday morning after the company announced it had agreed to a $125 millio...
Lamar Jackson’s NFL Future Involves $100 Million Plus Gamble
Lamar Jackson and the Baltimore Ravens have been unable to come to an agreement for a contract extension and Jackson is about to enter the final year of his agreement after the Ravens tagged him as a ...
Eddy Alexandre Pleads Guilty to Nearly $250 Million Crypto Fraud Scheme
Eddy Alexandre – a man in New York – entered a guilty plea in mid-February this year after conducting a crypto fraud scheme that stole nearly $250 million from assorted investors. Eddy Alexandre Plead...
Ark picks up more Coinbase stock, adding $6.4 million
Cathie Wood’s Ark Invest picked up a tranche of 119,429 Coinbase shares across two funds on Friday, purchasing about $6.4 million of the stock. The investment management firm, which focuses on d...
Bitcoin Crash: Derivative Traders Lose $202 Million In 24 Hours
The crypto market suddenly turned red on March 10 in the year’s worst sell-off. Bitcoin slipped below $20,000 for the first time in three months, and the market sentiments are bearish. The aftermath o...
Weird crypto quirk sees user turn $1.45 into $2 million
Amid the madness of the last 24 hours, with the USDC stablecoin depegging and fears over how much this will impact the wider crypto market, there was a peculiar trade that stood out. In it, one ...
Defunct Crypto Lender BlockFi Has $227 Million in Uninsured Funds with Troubled Silicon Valley Bank
Air pollution is a significant public health concern worldwide, and recent studies have found high levels of air pollution in major cities around the world. The issue is particularly prevalent in deve...
Top Wallet Adds BONE for its 37 Million Users
Top Crypto Platform Announces Support for Shiba Inu’s BONE. CWallet is the latest in a series of platforms that have declared support for BONE amid the buzz surrounding Shibarium. CWallet (formerly CC...
US SEC Alleges BKCoin and its Co-Founder for Running a $100 Million Crypto Scam
The US Securities and Exchange Commission (SEC) filed an emergency action against the Miami-based financial advisor firm – BKCoin Management LLC – and its Co-Founder Kevin Kang, claiming they have def...
SVB Chief Sold $3.6 Million in Stock Days Before Bank’s Failure
(Bloomberg) — Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that ...
SVB Financial CEO Sold $3.6 Million In Stock Before Bank’s Collapse
Topline The CEO of Silicon Valley Bank Financial sold $3.6 million in stock two weeks before the California banking giant’s epic crash Friday, signaling bank officials might have known the bank was in...
Silicon Valley Bank CEO Greg Becker cashed out $2 million just before the collapse
The chief executive of Silicon Valley Bank SIVB, -60.41% cashed out stock and options for a $2.27 million net gain in the weeks before Friday’s collapse, public filings show. CEO Greg Becker exercised...