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Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months
10.7.2022
Back in mid-March 2022, Bored Ape Yacht Club’s (BAYC) Apecoin DAO launched and airdropped millions of apecoin tokens to specific NFT holders. The crypto asset dedicated to the BAYC ecosystem tapped an all-time high two months ago reaching $26.70 per unit on April 28. However, apecoin is down...
Investors lament potentially lost ‘millions’ on Voyager bankruptcy
10.7.2022
One user, referred to as Robert for anonymity purposes, stated he put roughly six figures on Voyager, representing 70% of his life savings, and feels lost on what to do moving forward
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen
3.7.2022
According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions —...
Report: Crypto Market Crash Wipes Millions of Dollars From North Korea’s Kitty of Stolen Cryptocurrencies
1.7.2022
The recent plunge in the value of cryptocurrencies may have wiped out millions from North Korea’s fund comprised of stolen crypto assets. The diminishing value of cryptocurrencies is believed to be affecting Pyongyang’s ability to fund its weapons programs. Stolen Crypto Assets...
Genesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: Sources
30.6.2022
The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance
Crypto market crash wipes out millions from North Korea's stolen crypto funds
29.6.2022
While North Korea leads the world in crypto crime, crypto analytic firms have estimated that DPRK hackers have found it increasingly difficult to launder stolen crypto funds
FBI Arrests 2 Men Planning ‘Violent’ Robbery of Bitcoin Worth Millions of Dollars — They Face 20 Years in Prison
28.6.2022
The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family’s home in the middle of the night” to steal bitcoin worth tens of millions of dollars,” according to the U.S. Department of Justice. They could go...
White hat hacker attempts to recover 'millions' in lost Bitcoin, finds only $105
24.6.2022
“We didn’t make money, but we definitely made new friends," said Lavar Sanders, who originally purchased the Bitcoin in 2016
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
15.6.2022
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400...
NFT holders can earn millions through IP rights, says Apocalyptic Apes founder
10.6.2022
Bill Starkov, the founder of Apocalyptic Apes, said that holders can earn a lot of money by licensing their nonfungible tokens
Dubai’s Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance
6.6.2022
Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in the Middle East and has millions of customers every year,” said the CEO of Binance....
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters
3.6.2022
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to...
'Pig slaughtering' crypto scams reap millions on Silicon Valley dating apps
3.6.2022
“I never thought it could happen to me because I use tech. I’ve written software,” a victim of the pig slaughtering scam noted
Take-Two CEO 'Skeptical' Of Metaverses Filled With Empty Land Supposedly Worth Millions
2.6.2022
The metaverse has quickly become a popular topic of speculation for tech companies and rich CEOs as they scramble to not be left behind while people look for ways to escape our hellish current-day digital landscape. But the metaverse is (probably) a giant bust, and Strauss Zelnick, CEO of GTA...
Terra Development Team Reveals Some Users ‘Received Less LUNA From the Airdrop Than Expected’
31.5.2022
The new Terra blockchain Phoenix-1 has been operating since Saturday morning May 28, 2022, and on that day, millions of new LUNA tokens were dispersed to luna classic (LUNC) and terrausd classic (USTC) holders. However, on Tuesday the Terra development team revealed that some Terra token owners...
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
29.5.2022
A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the time of writing, Goblintown obtained $2.26 million in sales during the past 24 hours,...
Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims
29.5.2022
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies...
In the Economy 3.0, metaverses will create jobs for millions
29.5.2022
Metaverse job opportunities will likely exceed our expectations, with many keeping the same job even after the transition to virtual space
InsurAce says it will pay millions to claimants after Terra's collapse
26.5.2022
DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is already set to pay out $11 million to claimants
Cornucopias: A Revolutionary Cardano Blockchain Project That Is Redefining the Gaming Metaverse Industry
25.5.2022
PRESS RELEASE. The metaverse is a virtual world that allows millions of players to live beyond their immediate environment. With blockchain technology, users can create, own and utilize digital assets while interacting with other people in the virtual space. Cornucopias ‘The Island’...