Zagabond, the pseudonymous founder of the popular Azuki non-fungible token (NFT) collection, has promised to compensate investors who lost money after he abandoned three crypto projects that later tur...
Tag: Pulls
KuCoin Pulls $150m Funding in Pre-Series B, Hitting $10bn Valuation
KuCoin Exchange, the world’s fifth-largest brokerage platform by trading volume, has announced a pre-Series B funding round in which it pulled $150 million. The trading platform said it would use the ...
India’s Emerging Quick Delivery Startup Zepto Pulls $200M in Series D
Zepto, one of India’s emerging quick food delivery startups has raised the sum of $200 million in a Series D funding round, drawing unusually high interest from venture capital firms. According to a T...
Wikimedia Foundation pulls the plug on crypto-donations after ‘feedback’
The Wikimedia Foundation, the non-profit that funds Wikipedia, is in the news today after it announced that it will be shutting down its BitPay account. In doing so, it will also not accept cryptocurr...
The Department Of Justice Is Crackdown Upon Rug Pulls Prosecuting The Creators Of The Frosties NFT Initiative
The two were planning to start the sale of another NFT product called Embers, which was intended to produce roughly $1.5 million in cryptocurrency profits. They abruptly abandoned and shut down the pr...
CXIP Labs Pulls $6.5M in Funding to Rollout Its Holograph NFT Solution
Thanks to the funding acquired, the startup is prepared to officially roll out and scale the Holograph technology for the benefit of all. Blockchain startup, CXIP Labs has raised the sum of $6.5 milli...
Coinbase NFT Partner Ox Labs Pulls $70m in Series B Funding Round
0x Labs, the blockchain startup that is in partnership with Nasdaq-listed Coinbase Exchange, has raised $70 million in a Series B funding round with Greylocks Partners at an undisclosed valuation. Th...
NY Sen. Kevin Thomas Proposes To Criminalize Rug Pulls And Other Offences Relating To Crypto Frauds ⋆ ZyCrypto
Advertisement     New York State Senator Kevin Thomas has introduced a new amendment bill that seeks to clear the air around various types of crypto fraud in a bid to ...
New York Lawmakers to Make Rug Pulls in Crypto a Crime
The State of New York may soon make a move to christen “Rug Pulls” in the digital currency ecosystem as an offence, which could come as a bill, dubbed Senate Bill S8839 when it is passed into law. The...
State lawmakers want to make fraudulent rug pulls a crime in New York
New legislation filed this week in the US state of New York takes aim at so-called rug pulls and other crypto-specific forms of fraud. Senate Bill S8839, according to public records, “[e]stablis...
Proposed New York Bill Looks to Criminalize Crypto Rug Pulls and Scams
New York State Senator Kevin Thomas has proposed a bill that’ll criminalize rug pulls and other fraudulent activities within the crypto space. The proposed bill also seeks an amendment to establish cr...
NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds related to virtual token distribution, misuse of private...
Aura FAT SPAC Pulls $115m in IPO, Planning to Merge Crypto Firm
Cayman Islands incorporated Special Purpose Acquisition Company (SPAC) Aura FAT Projects Acquisition Corp has announced its successful Initial Public Offering (IPO) on the Nasdaq Exchange where it rai...
Flipside Crypto Pulls $50m from Investors, Led by Republic Capital
Flipside Crypto – which provides blockchain analytics, and business intelligence to crypto firms – has raised $50 million in new funding round to increase its valuation tenfold to $350 mil...
Security Compliance Firm Seon Pulls $93m from Investors Backed by IVP
Seon, a United Kingdom-based fintech security and compliance platform, has pulled over $93 million in a Series B funding round from investors led by IVP, a Silicon Valley-based investment firm. In thi...
Natural gas drops 10%, pulls back from more than 13-year high
U.S. natural gas futures plunged more than 10% Tuesday, reversing Monday’s surge which saw the contract rally more than 10% at one point to break above $8 per million British thermal units and h...
Blockchain Soccer Startup GOAL Pulls $15m in Seed Funding
Stockholm-based Non-Fungible Token (NFT) based soccer startup GOALS has raised the sum of $15 million as seed funds from venture capital firms and angel investors. While this is not the very first-tim...
Kanye West Reportedly Pulls Out Of Coachella Less Than Two Weeks Before Festival
Topline Kanye West pulled out of Coachella, multiple outlets reported Monday, leaving the popular music festival without a headliner less than two weeks before the show, and weeks after his erratic In...
CowDAO Pulls $23m in Funding to Power EVM Interoperability
CoWDAO, the Decentralized Autonomous Organization behind the CoW Protocol, has raised the sum of $23 million from a mixture of private investors as well as the platform’s community members. As announc...
If the Fed Pulls This Off, It’s Party Time
Text size College students party at the beach during spring break on South Padre Island, Texas. Brandon Bell/Getty Images Party like it’s 1994? Rather than 1999, the year made famous by Prince’s purpl...
DOJ Cracks Down On Rug Pulls, Charges Frosties Founders
The US Department of Justice is slapping charges of money laundering and fraud on the founders of the Frosties NFT project after they committed a ‘rug pull.’ DOJ Progresses With Crypto Security Measur...
DOJ cracks down on ‘rug pulls’, charging Frosties NFT project founders
The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges relating to fraud and money laundering. The two fou...
Fintech Startup Ramp Network Pulls $200M in Funding at $8.1B Valuation
Back in February, Ramp inked a partnership with Amazon Business to streamline business purchasing through its receipt-matching integration and both companies’ spend controls. Ramp, a fintech startup t...
Chinese Tech Giants Pulls the Plug on NFTs to Wade Off Regulatory Crackdown
Known for the government’s broad-based crackdown on tech companies, China’s native tech companies, including WeChat from Tencent and WhaleTalk from Ant Group, have started changing their receptiveness...
BBC pulls a documentary as doubts emerge over trader who turned $50 into $8M
BBC withdrew the show without any further comments The BBC documentary focused on a 20 year-old crypto trader The trader apparently turned $50 into $8 million The BBC has pulled a narrative zeroed in ...
Raskin Withdraws Candidacy For Fed Role After Manchin Pulls Support
Topline Sarah Bloom Raskin withdrew as President Joe Biden’s pick for the Federal Reserve’s vice chair for supervision, the White House said Tuesday, one day after Sen. Joe Manchin (D-W.Va.) joined Re...
Magic Eden Pulls $27m in Series A Funding Round
Solana-based Non-Fungible Token (NFT) marketplace Magic Eden has pulled the sum of $27 million in a Series A funding round, capitalizing on the ongoing hyped interest amongst investors on prominent We...
Israeli Blockchain Startup StarkWare Pulls $100M in Funding at $6B Valuation
StarkWare, an Israeli blockchain startup, is on track to close a $100 million funding round, according to details gathered by local media channel, Calcalistech, the capital raise has not been announce...
WalletConnect Pulls $11M in Venture Capital Funding
Digital Currency infrastructure services provider, WalletConnect has raised the sum of $11 million in a Series A funding round from venture capital investors. While the startup’s valuation was undiscl...
Risk Aversion Pulls Crypto Market Down, Bitcoin Still Below $40K
The crypto market is still reeling as a result of risk aversion triggered by Russia’s invasion of Ukraine. On Monday, Bitcoin (BTC) fell for the sixth time in six days. It has again failed to break be...