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Andreessen Horowitz Supports Crypto Startup EigenLayer With $100 Million Investment
22.2.2024
Venture Capital firm Andreessen Horowitz has invested $100 million in crypto restating startup EigenLayer after its latest funding round.
The post Andreessen Horowitz Supports Crypto Startup EigenLayer With $100 Million Investment appeared first on Cryptonews
Peckshield Report Reveals Decline in Crypto Losses Despite Persistent Threats in 2023
31.1.2024
Peckshield’s latest report reveals a mix of challenges and advancements in the crypto world. Despite a notable decrease in overall losses to hacks and scams, decentralized finance protocols remain heavily targeted, accounting for a significant portion of the cyber thefts. Peckshield Report...
Is GMT Going To Zero? GMT Price Drops 25% as Meme Kombat Reach $6.3 Million
8.1.2024
GMT price dropped 25% from yesterday’s peak as Meme Kombat raised over $6 million in crypto presale. Image by Kerem Goktug Kaya, DALL-E 3. Following a surge of 30% yesterday, the move-to-earn platform STEPN’s native token GMT price trajectory took a drastic turn, plummeting by 25% from...
North Korea Stole Over $600 Million in Crypto in 2023: Report
5.1.2024
North Korea was responsible for greater than $600 million worth of crypto being stolen in 2023, blockchain intelligence company TRM labs announced Friday. State-sponsored attacks supporting weapons of mass destruction According to TRM Labs’ latest report, the analytics data firm suggests that...
Is It Too Late to Buy Mina Protocol? MINA Price Jumps 8% as New Mining Protocol Receives $7 Million in Funding
1.1.2024
While the MINA price has been rallying since December 19, Bitcoin Minetrix presale has surpassed expectations, reaching $7.1 million in crypto presale round. Image by Kerem Goktug Kaya, DALL-E 3. Mina Foundation‘s MINA has been performing well since December 19, which can be attributed to...
Fake Crypto Websites on Google Ads Drain $3 Million in Christmas Phishing Scam
26.12.2023
Scammers drained $3 million in crypto from victims this Christmas using fake websites promoted on Google ads. Image by Fareed Mindalano, DALL-E 3. A new report reveals that scammers stole over $3 million in cryptocurrency from victims this holiday season using fake crypto websites promoted through...
MS Wallet Drainer Has Siphoned Over $58 Million Using Google and X Phishing Ads
26.12.2023
A recent report from Scam Sniffer, an anti-scam solution, revealed that MS Wallet Drainer, a cryptocurrency malware tool, has managed to siphon over $58 million in crypto since March. The drainer uses Google search and X ads phishing links as a distribution vector and has affected over 63,000...
Scammers Banked $59 Million in Crypto Exploiting Google Ads
22.12.2023
Source: Adobe / zedtox Scammers have over the past nine months used a wallet-draining service named “MS Drainer” to siphon around $59 million worth of crypto from numerous victims, according to a recent report by blockchain security firm Scam Sniffer. The scam operated through Google...
Hong Kong-Listed Boyaa Interactive Seeks Shareholder Approval for $100 Million Crypto Investment
14.11.2023
Source: Pixabay Hong Kong-based E-gaming giant Boyaa Interactive International Limited is seeking shareholder’s approval for purchasing $100 million worth of crypto in the next 12 months. According to an announcement from the Hong Kong Stock Exchange, the board of directors of Boyaa Interactive,...
Indian Government Misses on $420 Million in Crypto Taxes as 90% Trade Volume Shifts Offshore: Report
9.11.2023
Source: Pexels The imposition of a one percent tax-deducted-at-source (TDS) on the trading of cryptocurrencies in India has led to a massive shift of millions of users to offshore crypto exchanges, according to a recent report published by the Esya Centre. In February 2022, India’s Ministry...
Darknet Drug Operations Hit as Feds Move to Seize $54 Million in Crypto Crime Bust
3.11.2023
The U.S. Department of Justice announced on Thursday the seizure of 30,000 Ether (ETH), valued at over $54 million, that had allegedly been used for illegal narcotics distribution in New Jersey. The assets were traced back to Christopher Castelluzzo, who was involved in narcotics operations...
Argentina’s E-Commerce Giant MercadoLibre Reports $21 Million in Customer Crypto Assets
2.11.2023
MercadoLibre , the renowned e-commerce platform in Argentina, has seen notable growth in its crypto segment. According to the company’s latest quarterly earnings report, MercadoLibre’s customers held a total of $21 million in crypto assets as of September 2023, a significant increase...
FTX, Alameda Wallets Move More Than $13 Million in Crypto to Exchanges: Spotonchain
1.11.2023
Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show
Bankrupt Crypto Firms Alameda Research and FTX Move $10 Million in Crypto to Exchange Accounts, Raising Questions
26.10.2023
Wallets linked to bankrupt crypto firms Alameda Research and FTX moved over $10 million worth of cryptocurrency to a single wallet address, which then deposited the funds to exchange deposit accounts. ???? #FTX and #Alameda related addresses are depositing tokens to exchanges! Via address 0xde9...
Hamas Received $41 Million in Crypto in Lead Up to Attack on Israel
11.10.2023
Investigations based on Israeli government seizure orders and blockchain analytics have indicated that Hamas, along with other militant groups such as Palestinian Islamic Jihad (PIJ) and Hezbollah, received millions of dollars in crypto funding in the lead-up to the attack on Israel....
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Crypto whale loses $24M in staked Ethereum to phishing attack
7.9.2023
A significant portion of the stolen funds has been transferred into the fully automatic cryptocurrency exchange FixedFloat
Animoca Brands Invests $30 Million in Crypto Payments Application Hi
27.7.2023
In order to perform KYC on its users, hi will soon utilize a Proof of Human Identity solution that helps prevent bots from transacting on its layer 2 network
Attacker Siphons $10 Million in Crypto From Poly Network – Here's What Happened
4.7.2023
A hacker exploited the Poly Network over the weekend and swapped out nearly $10 million in ETH, security firm Beosin revealed.
Poly Network confirmed via Tweet on July 2nd that it became the latest victim of a DeFi exploit, enabling the hacker to mint $34 billion worth of crypto.
Poly Network,...
Atomic Wallet Users Lose Over $100 Million In Crypto Breach
14.6.2023
Digital asset tracking firm, Elliptic, has revealed that losses suffered by users of Atomic Wallet have escalated to more than $100 million.
It appears that over 5,500 wallets linked to this crypto storage platform have been compromised.
We have received reports of wallets being compromised....
Chinese Companies Selling Fentanyl Received More Than $27 Million In Crypto Payments: Report
24.5.2023
Chinese chemical producers selling fentanyl ingredients have received more than $27 million in crypto payments.
According to a new report by blockchain analytics firm Elliptic, approximately 90% of Chinese pharmaceutical chemical companies supplying fentanyl precursors accept cryptocurrencies like...