The Bitcoin (BTC) again dropped below the crucial price level of $30k. Recently, BTC went on to touch the $32K price level. However, experts called it bear fakeout and mentioned not to fall for it. Me...
Tag: Mln
Goblin Town NFT Is Grabbing Attention With $10 mln in Sales over 24 hours
Despite the crypto market’s downfall, a newly launched NFT project called Goblin Town is enjoying its skyrocketing sales and simultaneously grabbing people’s attention by popping up to be one of the n...
Binance Builds $500 Mln Crypto Fund Amid Bear Market
Binance, the world’s largest crypto exchange, said on Wednesday it closed a new $500 million investment fund. The exchange said it will look into investing in blockchain, web3, and “value-building tec...
Whales Add $293 Mln Tron (TRX) After Stellar May Gains
The TRON (TRX) token has managed to maintain its momentum despite a bear market. The TRX token has emerged as the top gainer of this month. Meanwhile, the Crypto whale wallets have bagged a huge amoun...
Whale Adds $12 Mln Of Wrapped Ethereum (WETH) Amid Price Crash
The world’s second largest cryptocurrency Ethereum (ETH) has emerged to be one of the biggest losers out of the top tokens. ETH prices have plunged by more than 15% over the past week. However, this m...
Two Months After $600 Mln Hack, Ronin Network To Reopen Bridge
Ronin Network on Friday said the Network and the Ronin Bridge have successfully passed an internal and an external audit conducted by Verichains Lab. Interestingly, the Ronin Bridge may reopen in mid-...
Bank of China reports a trading volume of US$43 mln digital Yuan in the first month
As of May 15, the People’s Bank of China’s local office reported 288 million yuan (US$43 million) in total digital yuan trading volume across 1.576 million transactions in China’s southwestern municip...
Will Terra Sell Its $92 Mln Avalanche (AVAX) Holdings?
Avalanche cleared the air over the $92 million worth of AVAX tokens held by Terraform Labs and the Luna Foundation Guard (LFG). The blockchain said that it does not believe Terra will sell its holding...
Crypto Exchange KuCoin Raises $150 Mln To Offer Wallets, NFT Trade
Crypto exchange KuCoin on Tuesday said it has raised $150 million in funds in a pre-Series B financing round with investors including Jump Crypto, Circle Ventures, IDG Capital, and Matrix Partners. Th...
ETH Founder Buterin’s $100 Mln Shiba Inu Fund Backs Anti-COVID Efforts
In May 2021, Ethereum (ETH) co-founder Vitalik Buterin donated over $1.5 billion in cryptocurrencies to help India in the fight against Covid-19. The grant included around 50 trillion Shiba Inu (SHIB)...
Binance Commits $500 Mln To Elon Musk’s Twitter Deal
Binance, the world’s largest crypto exchange, appears to be among the parties proving Elon Musk with funding for his takeover of Twitter. The move was revealed in a filing by Musk to the Securities an...
Bitcoin Miner Argo Blockchain Takes $70 Mln Loan For Texas Site
Bitcoin miner Argo Blockchain on Wednesday said it will take on additional debt to buy equipment for its flagship Texas facility. The miner entered a series of loan agreements with crypto-focussed len...
NYM Token Skyrockets By 30% On $300 Mln Fund
The NYM Technologies’ latest announcement has sent the NYM token to the moon. Harry Halpin, CEO of NYM, revealed that they have raised $300 million in funding to develop mixnets. The Nym token’s price...
Whales Add $28 Mln Worth Of Wrapped BTC, DeFi Trade To Spike?
The world’s largest cryptocurrency, Bitcoin (BTC) is finally showing some recovery from the recent dump. BTC prices have registered a marginal increase of around 1% in the last 7 days. Meanwhile, Bitc...
Fei Protocol Exploited For $80 Mln, Funds Moved Into Tornado Cash
Ethereum-based DeFi exchange Fei Protocol lost about $80 million worth of tokens in an exploit on Saturday, on-chain data showed. The protocol offered the hacker a $10 million bounty to return the sto...
Etherum-Based Saddle Finance Loses $10 Mln In Flash Loan Attack
Ethereum-based DeFi protocol Saddle Finance lost about $10 million in a flash loan attack on Saturday, data from blockchain security firm Peck Shield showed. Decentralized Finance (DeFi) popularity an...
Argent Crypto Wallet Raises $40 Mln, Seeks To Build “Super” Crypto App
UK-based crypto startup Argent Labs seeks fundraising from traditional investors as it aims to build a super crypto app for expanding DeFi and Web3 use cases. The secure crypto wallet company has rais...
Circle, Polygon Help Japanese Blockchain Games Startup Raise $24 Mln
Japanese blockchain gaming company double jump.tokyo said on Wednesday it raised 3 billion yen ($24 million) in its latest funding round. Notable stakeholders in the firm include Singapore crypto unic...
Dragonfly Capital Launches Its Biggest Crypto Fund At $650 Mln
Crypto venture capitalist Dragonfly Capital said on Wednesday it will launch its biggest fund yet, with a valuation of $650 million. The fund is its third such venture, and is called Dragonfly Fund II...
ETH Whales Add $17 Mln Worth Of SAND Tokens; Here’s Why
SAND, the native token to the Sandbox metaverse, saw a large spike in Whale buying over the past 24 hours. The Sandbox recently entered into a partnership with the Standard Chartered Bank (Hong Kong) ...
Faulty Code Wipes Out $34 Mln From Aku Dreams NFT Project
NFT project Aku Dreams saw about $34 million worth of Ethereum (ETH) locked permanently after a recent exploit triggered a fatal bug in the smart contract. The project was first attacked by an exploit...
Malaysian Investment Firm Makes $150 Mln Push Into Blockchain Tech
Malaysia-based investment holding company HWGC Holdings on Friday said it plans to acquire two financial technology companies to expand its push into blockchain technology. HWGC signed a memorandum of...
This Sports NFT Platform Just Raised $120 Mln In Funding
Rario, an NFT platform dedicated to cricket, said on Thursday it had raised $120 million in series A funding. The round was led by the venture capital arm of Indian fantasy sports firm Dream Sports. W...
CoinDCX Raises $135 Mln Despite India’s Crypto Limbo
Indian crypto exchange CoinDCX said on Tuesday it raised $135 million in its latest funding round. Tech-focussed venture capitalists Pantera and Steadview led the round, with participation from Kingsw...
MoonPay Raises $87 Mln In Celebrity-Led Funding Round
MoonPay, a crypto payments platform valued at $3.4 billion, said it raised $87 million in funding from a host of popular sports and media personalities. The company said on Wednesday it had raised mil...
USDC Issuer Circle To Raise $400 Mln In BlackRock Deal
Circle Internet Financial said on Tuesday it entered a $400 million funding agreement with several asset managers, including the world’s largest, BlackRock Inc. The funding round, which also involves ...
$385 Mln Positions Liquidated As Bitcoin Slumps
Bitcoin’s (BTC) latest tumble appeared to have blindsided investors hoping that the cryptocurrency would find a bottom. Liquidations of long positions reached their highest level since late-January, a...
Blockchain Firm Singularity Future Makes $250 Mln Bitcoin Mining Push
Nasdaq-listed blockchain technology firm Singularity Future Technology said on Monday it had formed of a joint venture with power services provider Golden Mainland Inc to build bitcoin mining faciliti...
Michael Saylor’s MicroStrategy Borrows $205 Mln To Buy More Bitcoin
MicroStrategy said on Tuesday it had borrowed $205 million from crypto bank Silvergate Capital to purchase more Bitcoin (BTC). The loan will be backed by some of MicroStrategy’s BTC holdings as collat...