Hong Kong’s Securities and Futures Commission (SFC) has reprimanded Citigroup Global Markets Asia Limited and also slapped a fine of HK$348.25 million (around $44.68 million) for some serious regulato...
Tag: Million
Ethereum-BSC bridge of Qubit Finance exploited, lost $80 million
The cross-chain bridge of DeFi protocol Qubit Finance, called X-Bridge, has been exploited and lost $80 million in the process. X-Bridge facilitates swapping tokens from Ethereum to Binance Smart Chai...
DeFi Protocol Qubit Finance Hacked, Lost $80 Million
Qubit Finance, a Binance Smart Chain-based decentralized finance (DeFi) protocol, was recently attacked, resulting in the theft of more than $80 million worth of cryptocurrencies Cryptocurrencies ...
Sandbox To Support 40 Blockchain Startups After Raising $50 Million
Sandbox has announced a $50 million funding to launch its metaverse accelerator program. The company is also targeting about 40 blockchain startups a year for the program, in partnership with venture ...
Mercuryo Sees 350% Business Growth with Global Wallet Users Hit 2.2 Million
On January 27, Mercuryo, a global crypto payments company based in London, announced that more than 2 million users have used its multicurrency wallet service. This represents over 350% growth in its ...
Robinhood Reports a Net Loss of $423 Million for Q4 2021
American financial services firm, Robinhood yesterday posted its financial metrics for the fourth quarter and full-year ended 31 December 2021. While total revenues saw a decent jump in the latest qua...
JPMorgan Executives Ousted in a $200 Million Probe Land New Jobs
(Bloomberg) — Wall Streeters shuddered as the news broke last year that U.S. regulators were examining whether bank employees were using personal phones to text about business with each other an...
Fireblocks Valued at $8 Billion Following a $550 Million Fundraiser
The leading cryptocurrency custodian – Fireblocks – closed a $550 million Series E venture capital round, co-led by Spark Capital, D1 Capital Partners, General Atlantic, Mammoth, and other investors. ...
Fireblocks raises $550 million in Series E funding, now valued at $8 billion
Fireblocks, an institutional crypto custody provider, has raised $550 million in a mega Series E round and is now valued at $8 billion. D1 Capital Partners and Spark Capital co-led the round, with Gen...
Facebook Gives Up On Lofty Stablecoin Ambitions As Diem Sells Assets To Silvergate For $200 Million ⋆ ZyCrypto
Advertisement     Facebook’s ambitious cryptocurrency project has met an unceremonious end. Recent reports reveal the Diem Association will be selling the technology b...
Crypto exchange Apifiny goes public after $530 million deal with Abri SPAC
advertisement Apifiny Group Inc announced Thursday that it is going public after a merger with Abri SPAC I, a special purpose acquisition company. Apifiny is expected to be listed on NASDAQ once the ...
How did hackers bypass 2FA during the $35 million Crypto.com hack?
As the dust settles on the recent Crypto dot com hack, observers wonder how thieves managed to crack security procedures to steal millions in crypto. Crypto dot com has not released precise details on...
Matter Labs and BitDAO launch a $200 million DAO to bootstrap zkSync development
Matter Labs, the organization behind Ethereum scaling protocol zkSync, announced today that it has launched a $200 million DAO to help accelerate the growth of the zkSync ecosystem. The initiative is ...
Renowned VC Mark Carnegie Leads $30 Million Investment Round in Blockchain Software Firm Chrono.Tech
Chrono.Tech is turning many heads by its venture into disrupting the HR and recruitment industry. The team aims to leverage blockchain technology to streamline the many day-to-day processes in this se...
The fund that made $700 million on GameStop knew it was time to sell after an Elon Musk tweet
NurPhoto | NurPhoto | Getty Images One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An ...
Crypto Custodian Fireblocks Raises $550 Million At $8 Billion Valuation
Fireblocks’ cofounders (from left to right): Idan Ofrat, CTO; Michael Shaulov CEO; Pavel Berengoltz, VP of R&D Fireblocks The unprecedented influx of institutional capital into crypto last y...
Crypto tax platform CoinTracker raises $100 million in Series A funding
CoinTracker, a crypto startup that helps users report and file taxes, has raised $100 million in a Series A funding round. Venture capital firm Accel led the round, with Coinbase Ventures, Kraken Vent...
Cornerstone FS to Acquire Capital Currencies for £3 Million
Cornerstone FS (AIM: CSFS), a cloud-based provider of currency risk management and international payments, has entered into a conditional agreement for the acquisition of Capital Currencies Limited fo...
Colizeum Secures $8.4 Million in Funding, Onboards DOTA Veteran Sheng Wu
Vladislav Sopov Colizeum, a frictionless software development kit for blockchain-based games, shares the details of its recent funding round Contents Colizeum secures $8.4 million, hires DOTA champion...
Archive Raises $8 Million To Fuel Growth Of White-Label Resale Technology
Archive’s white label resale solution for brands allows them to navigate the market on their own … [+] platforms. Courtesy of Archive Archive, which makes harnessing the booming gently-wor...
Pershing Square Hedge Fund Purchases 3.1 Million Netflix Shares Following Streamer’s Massive Stock Drop
Topline William Ackman, founder and CEO of the hedge fund management company Pershing Square Capital Management, announced Tuesday that the company purchased 3.1 million shares of Netflix following th...
Colizeum Secures $8.4 Million To Bring More Revenue Streams To The Booming Mobile Gaming Industry
Mobile game developers find themselves in an intriguing market position these days. The mobile games industry continues to grow astronomically, yet integrating revenue streams can remain a tricky orde...
FTX US Market Value Hits $8 Billion After $400 million Funding Raise
On Wednesday, cryptocurrency exchange FTX US announced a $8 billion value after raising $400 million in its first funding round from investors including Japan’s SoftBank Group Corp and Singapore’s Tem...
Superdao Raises $10.5 Million to Build an ‘All-in-One’ DAO Platform
Starting and operating a DAO can require stitching together dozens of single-feature solutions. Superdao wants to change that, announcing today that it has raised $10.5 million in a funding round led ...
China’s Baidu, Geely put nearly $400 million into electric car venture Jidu
An outline of Jidu’s concept car is pictured here. Jidu is the electric car company set up by Chinese internet giant Baidu and automaker Geely. Jidu plans to begin mass production and deliveries...
Chrono.Tech Raises Over $30 Million to Develop Blockchain HR Services
Australia-based software company and blockchain-based HR services provider Chrono.Tech has announced that it raised over $30 million in investments from Australian venture capitalist Mark Carnegie and...
Renowned Computer Engineer Cracks Trezor Wallet Containing $2 Million Worth of Crypto
NYC-based entrepreneur Dan Reich has recently regained access to more than $2 million worth of crypto left in a Trezor One hardware wallet with the help of renowned computer engineer and hardware hack...