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Crypto News Summary: Roche Freedman Dismissed as Lead Counsel in Tether/Bitfinex Lawsuit, Binance Pool Launches $500M Fund for Loans to Bitcoin Miners
14.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Roche Freedman Dismissed as Lead Counsel in Tether/Bitfinex Lawsuit, Binance Pool Launches $500M Fund...
Binance Pool to aid BTC mining industry with $500m project
14.10.2022
Binance Pool has formally announced its ambition to assist the cryptocurrency mining sector. In order to attain this goal and put it into full practice, they have devised a miner lending initiative with a value of $500 million. In addition, they are aggressively seeking all vendors in the cloud...
MakerDAO goes ahead with $500M investment in treasuries and bonds
7.10.2022
$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield
Stablecoin Issuer MakerDAO to Invest $500M in US Treasurys, Corporate Bonds
6.10.2022
The transition was initiated by DeFi asset advisor Monetalis and lead by digital asset bank Sygnum
MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing
10.9.2022
Buying the dip is essential for MicroStrategy as the company’s reserve of nearly 129,699 BTC currently suffers an aggregated value loss of over $1 billion
MicroStrategy Files to Sell Up to $500M of Stock to Fund Bitcoin Purchases
9.9.2022
The deal is a sign Executive Chairman Michael Saylor isn't backing off his audacious plan to turn his software developer into a bitcoin proxy
Animoca Brands Japan Raises $45M at $500M Pre-Money Valuation
26.8.2022
Animoca Brands Japan raised the funds from its parent firm and MUFG Bank
Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub
25.8.2022
The bank cited concerns with Bitkub “resolving various issues,” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline
Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange
25.8.2022
Siam Commercial Bank, Thailand’s oldest lender, abandoned a plan to buy a majority of Bitkub Online, citing unresolved regulatory issues
Crypto market bloodbath leads to over $500M in liquidations in 24 hours
19.8.2022
Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday
Celsius Sends $500M of Bitcoin Derivative to Crypto Exchange After Debt Payoff
7.7.2022
The move comes just after the crypto lender reclaimed 22,000 WBTC as collateral of its loan on DeFi lending protocol Maker, blockchain data shows
TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals
1.7.2022
After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company...
FTX Denies It's Buying Robinhood, MakerDAO's USD 500M Vote, Dfinity Sues New York Times + More News
29.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: FTX Denies It's Buying Robinhood, MakerDAO's USD 500M Vote, Dfinity Sues New York Times + More News
MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds
29.6.2022
The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds
Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure
26.6.2022
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more...
Voyager enters into $500M loan agreement with Alameda amid 3AC exposure
22.6.2022
Voyager announced that Three Arrows Capital owes the firm 15,250 BTC and $350 million USDC
NFT Platform Immutable Launches $500M Venture Fund for Web3 Games
17.6.2022
Immutable Ventures will work with groups including Animoca and GameStop
Tron DAO Reserve to Deploy Another USDC 500M to Protect Stablecoin as Depeg Extends
15.6.2022
The Tron DAO Reserve (TDR), the entity in charge of managing Tron-based stablecoins, aims to deploy another USD 500m worth of the stablecoin USD coin (USDC) to defend the peg of its algorithmic stablecoin USDD.
The move comes as USDD, despite being overcollateralized, has plunged to USD 0.96...
Binance Labs' USD 500M Investment Fund, FTX's Talks With Goldman Sachs, KuCoin's Wallet + More News
1.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Binance Labs' USD 500M Investment Fund, FTX's Talks With Goldman Sachs, KuCoin's Wallet + More News
Binance Labs Raises $500M Fund for Web 3, Blockchain Investments
1.6.2022
Binance Labs has closed a $500 million fund with investment from the likes of DST Global Partners and Breyer Capital