Roughly two weeks before SVB Financial Group stock collapsed and its Silicon Valley Bank unit was closed by regulators, its top executive sold millions of dollars of shares. SVB (ticker: SVB) Presiden...
Tag: Million
Short Sellers Make $500 Million on SVB’s Demise. Collecting Won’t Be Easy
(Bloomberg) — SVB Financial Group’s record plunge on Thursday minted short sellers roughly half a billion dollars in paper profits. But they now face a challenge: how to close their positions. M...
Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance – Exchanges Bitcoin News
Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of ...
BlockFi has $227 million in uninsured funds in Silicon Valley Bank
Crypto lender BlockFi has $227 million in “unprotected” funds in Silicon Valley Bank, according to a bankruptcy document, and may be in violation of U.S. bankruptcy law. The bank was shut down b...
Cathie Wood Led Ark Invest Bought Coinbase Shares Worth $20.6 Million
10 seconds ago | 2 mins read Exchange News More than 350,000 Coinbase shares were purchased in a single day by the company. Shares of Coinbase fell by over 8% on Thursday as the crypto market was trad...
Tender.fi White Hat Hacker Returns $1.6 Million Loot for 62.15 ETH
A white hat hacker has returned $1.6 million that was exploited from Tender.fi. The hack occurred earlier this week following a glitch in Chainlink’s pricing oracle. The hacker was given a bounty of 6...
Huobi Global Announces $100 Million Investment in Liquidity Fund to Enhance Multi-Currency Liquidity
Singapore / March 10, 2023 / Huobi has announced a $100 million Liquidity Fund with the aim of enhancing currency liquidity across several markets. The purpose of this action is to reinforce the seaml...
Degen Zoo Developed Single-Handedly Gathers $700 Million, Setting New Record
Arman Shirinyan Degen Zoo saw record-breaking $700 million in pledges while being developed by only one man Degen Zoo, an NFT game inspired by Logan Paul’s abandoned Crypto Zoo, has quickly beco...
485 Million Shiba Inu Burnt By Someone in One Transaction
Shiba Inu Burns Pick Up Again with 485M Recently Incinerated The latest burn builds on the recently-introduced campaign that saw over 2 billion tokens incinerated in 24 hours. Shiba Inu burns have se...
‘She made about $15K last year off my money.’ My financial adviser is making money off the $1 million I invested with her — even though I’m losing money. What’s my move?
We started with $1 million dollars, and I expected to see it grow quite a bit, but instead I’ve been losing money over the past few years. Getty Images/iStockphoto Question: I am a single mom with thr...
A Whale Bought 5,401,623 MATIC Worth More than $5 Million
A whale bought 5,401,623 Polygon (MATIC), worth about $5,339,174. This whale saw the current selloffs in the crypto market as the perfect buying opportunity. MATIC is currently worth $0.9747 after a 6...
TON-Native Launchpad Tonstarter Concludes $1.5 Million Seed Round
Advertisement     The native launchpad of revolutionary blockchain technology, The Open Network (TON), is pleased to announce that it has just closed a $1.5 million se...
Ark loads up on Coinbase stock, adds more than $20 million across two funds
Cathie Wood’s Ark Invest continues to add Coinbase shares to its funds, following up Wednesday’s additions with another estimated $20.5 million purchase yesterday. Ark Invest added ...
Block.One Unwinds Silvergate Liquidity Position At $83 Million Loss
Amid the major liquidity crisis, Silvergate Bank (NYSE: SI) decided to wind down operations and move into liquidation. This is one of the first and major high-profile blow up in the traditional bankin...
DeFi platform lost around $21 million to Hacks: DefiLlama Report
Decentralized platforms have become a popular target among hackers. In February, DeFi platforms lost around $21 million to attackers. According to the DefiLlama report, Platypus Finance was highly att...
Founded by Apple vets, startup Humane has raised $241 million without a single customer
Even in 2023, companies can still raise hundreds of millions without any proof of product market fit. Since co-founding their startup five years ago, ex-Apple executives Bethany Bongiorno and Imran Ch...
Bitcoin Bounces at $20,000 As Biden Administration Fights 50 Million American Citizens Who Own Cryptocurrency
Bitcoin just bounced off a historic line of support at $20,000 as the Biden Administration launches an all-out assault on cryptocurrency and the 50 million registered American voters who own digital a...
Bakkt’s Q4 earnings dragged down by goodwill impairment charge of $272 million
Bakkt reported an increase in revenue and expenses in the fourth quarter, driven by another large impairment charge. Revenue came in at $15.6 million, below FactSet estimates of $16 million, but...
XRP Saw Enormous 680 Million Volume Spike, Leading to Price Breakthrough: 3 New Targets
Arman Shirinyan XRP is going through tough period, but price breakthrough might be around the corner Contents Dogecoin reaches destination SNX loses spotlight XRP has been facing strong resistance in ...
$3 Million Worth Tether USD (USDT) Account Has Just Been Frozen, What’s Going On?
Gamza Khanzadaev Here’s why account with $3 million worth Tether USD (USDT) may have just been frozen According to Whale Alert, another address on the TRON network was frozen today, containing U...
Inside a $22.5 million Miami condo with insane luxury amenities
This $22.5 million condo in Miami spans 6,200 square feet with four bedrooms and five and a half baths. But perhaps more impressive than what comes inside those four walls is the mind-blowing list of ...
Bitcoin Sinks Back to $21,000 Triggering $159 Million in Liquidations
Bitcoin is sinking back to lows not seen since January amid ongoing sell pressure spurred by Silvergate woes and hawkish central bank policy. Sinking below $21,000, the crypto market underwent over $...
KuCoin Enters Strategic Partnership with Octo, a Play-to-Earn Web2 & Web3 Platform with 3 Million Users
VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin has continued to share its goals in advancing towards Web3, actively seeking out opportunities for bringing the world into a decentralized era. With a major...
ASAN Stock: Asana Reports Narrower Loss, CEO Says He Will Buy Up To 30 Million Shares
Asana (ASAN) stock popped on a narrower-than-expected fourth-quarter loss while the software maker’s revenue topped expectations. Asana’s chief executive, Dustin Moskovitz, announced plans...
Stablecoin issuer ECSA secures $3 million in funding
Deals • March 9, 2023, 9:01AM EST Published 1 hour earlier on Brazilian-based stablecoin issuer ECSA raised $3 million to bring the main carry currencies on chain. The pre-seed funding round saw...
Gyroscope unveils $4.5 million in funding as it prepares to launch ‘unique’ stablecoin
Gyroscope, a crypto startup that claims to be building a unique stablecoin, announced it has raised $4.5 million in a seed funding round. Placeholder VC and Galaxy Ventures co-led the round, wit...
Framework Ventures leads $15.8 million round into ‘proof of solvency’ startup
Proven, a firm providing zero-knowledge proof technology so that crypto firms can prove solvency, raised a $15.8 million round led by Framework Ventures. Other investors in the seed funding round incl...
Execs Of Fake Crypto Trading Firm Plead Guilty To $100 Million Ponzi Scheme
Six executives of the Ponzi scheme AirBit Club have admitted their guilt in a fraud and money laundering scheme that allegedly bilked victims out of $100 million, according to prosecutors. On March 8...