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Mercurity Fintech Secures $200 Million for Solana Treasury


Mercurity Fintech (MFH) has secured a $200 million equity line from Solana Ventures to launch a comprehensive solana-based treasury initiative. Solana Ventures Backs Mercurity With $200 Million for SOL-Based Treasury Mercurity Fintech Holding Inc. (Nasdaq: MFH) has announced a strategic $200...

Sui DEX Cetus suspected of being hacked: Up to $200 million lost


Cetus, a decentralized exchange (DEX) built on the Sui blockchain, has reportedly suffered a massive exploit that may have drained more than $200 million worth of digital assets. Pseudonymous Web3 researcher COMDARE3 posted on X that “users report” that Sui-based DEX Cetus is being...

Mechanism Capital founder doubles Bitcoin position with a $200M long


Andrew Kang, founder of the crypto venture firm Mechanism Capital, has seemingly doubled down on his bet that Bitcoin will gain in price with a $200 million long position, onchain data shows. “Andrew Kang just doubled his Bitcoin position,” crypto analytics firm Arkham said in...

Solana whales begin offloading SOL amid $200M staking unlock


Solana whales have offloaded their tokens to cash in on gains from a staking play that began four years ago. In April 2021, four whale addresses staked 1.79 million Solana (SOL) tokens, then worth about $37.7 million. The stake was unlocked on April 4, in what Arkham Intelligence called...

Lack of Disclosure on LUNA Costs Galaxy Digital $200 Million


Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests. Galaxy’s LUNA Disclosure Failure Violated NY Laws Michael...

Napster's Corpse Sold To Metaverse Company For $200+ Million


Napster, a once-popular website people used in the late ‘90s to illegally share music online that went bankrupt in 2001, has been sold for $207 million to a 3D technology company with plans to bring the brand into the metaverse. Read more

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