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Beanstalk Hacker Drains USD 182M from Project, But Nets Only USD 80M
18.4.2022
Beanstalk, a decentralized credit-based stablecoin protocol, fell victim to a flash-loan attack over the weekend that saw the protocol exploited for USD 182m worth of crypto. However, the attacker managed to cash out 'only' USD 80m.
According to blockchain security firm PeckShield, the attacker...
Crypto PAC Nets $400K in February From BlockFi CEO, CNBC Contributor and More
22.3.2022
Another wave of crypto executives ponied up for GMI PAC last month as midterm elections approached
Block nets $1.18B Q4 gross profit marking a 47% YoY increase
25.2.2022
In total, Block generated $4.42 billion worth of gross profit in 2021 marking a total YoY growth of 62%, however, net profit totaled just $77 million
Fast Break Labs Raises $$6M in Seed Funding Round
23.2.2022
Web 3 fantasy sports game from Fast Break Labs also saw investment from League of Legends developer Riot Games’ Thomas Vu
Canadian Rapper Drake Nets USD 300,000 From His Bitcoin Bet on the Super Bowl
15.2.2022
Massively popular Canadian rapper Drake has profited USD 300,000 from his three bets cumulatively worth USD 1.26m worth of bitcoin (BTC), on the Super Bowl match between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals.
The 35-year-old rapper first posted screenshots of his wager...
4 DeFi Insurance Protocols Building Safety Nets for Crypto Investors
3.2.2022
Decentralized finance (DeFi) is one of the most impactful innovations in the global crypto markets, enabling crypto traders and investors to earn double/triple-digit yields on their holding.
However, using DeFi applications comes with its own share of risks, with protocol hacks being relatively...
The 4th Largest Crypto Theft Shows DeFi Weakness as Hacker Nets USD 325M in Solana's Wormhole
3.2.2022
The DeFi bridge between Solana (SOL) and other blockchains Wormhole lost wETH 120,000 (USD 325m) in a hack, once again stressing the weaknesses of this nascent sector. The team offered the hacker a USD 10m bounty if they return the funds.
In their latest update (12:41 AM UTC), Wormhole...
Crypto Santa: Trader nets $34K shorting AVAX and LUNA, buy toys for kids
15.12.2021
The trader deposited $100,000 into its FTX account and secured nearly $34,000 in net profits
Shanghai Man: Chainlink hackathon, OKExChain nets $2B TVL, and Tencent unveils ‘magic’ NFT platform
6.8.2021
Nifty News: Tyson Fury’s NFT nets almost $1M, bad trip from Sushi, wine gets nifty ...
21.7.2021
Sushi dropped LSD-themed NFTs to celebrate the launch of its trident AMM, while the ‘Gypsy King’ Tyson Fury has sold a single NFT for almost $1 million
NBA’s Portland Trail Blazers Partner With Crypto Cashback Company Stormx
3.7.2021
In 2021, there’s been a plethora of cryptocurrency-related announcements about professional sports teams, leagues, and famous athletes. On July 1, the National Basketball Association’s (NBA) Portland Trail Blazers announced the professional basketball team has partnered with...
NBA Star Spencer Dinwiddie’s Crypto-Fueled Social Media App Raises $7.5 Million
2.7.2021
According to an announcement revealed on Thursday, Spencer Dinwiddie’s token application called Calaxy has raised $7.5 million in funding. The American professional basketball player for the NBA’s Brooklyn Nets has been a fan of blockchain technology for quite some time, as the point...
Enjin's EFI token sale nets $20 million as NFT aspirations grow
1.7.2021
EFI is the native cryptocurrency of Efinity, a Polkadot-based parachain developed by Enjin. The token sale, which was open to retail investors, sold out in just two-and-a-half hours
MicroStrategy nets $1.6 billion in junk bond offering to buy Bitcoin
9.6.2021
The firm initially sought a $400-million bond offering
A South African NFT Marketplace Officially Launches After Trial Phase Nets Over $10,000 for Rugby Star Bryan Habana
2.5.2021
A South African non-fungible token (NFT) marketplace, Momint has officially launched following the end of the two-week trial phase which saw the artwork of former rugby player Bryan Habana fetch over $10,000. More than 800 people from 25 countries took part in the auction. The Momint marketplace...
A Crypto-Infused Professional Sports League: Billionaires Form a Blockchain Advisory Committee for the NBA
6.3.2021
A number of National Basketball Association (NBA) team owners have formed an NBA blockchain advisory committee for the American professional basketball league. The advisory committee is composed of well known billionaires and blockchain advocates who own the teams the Nets, Mavs, Wizards, Celtics...
PAID Network exploiter nets $3 million in infinite mint attack
5.3.2021
After an attack at one point worth nearly $180 million, community members are left wondering if the exploit is a "rugpull" or a security lapse
NFT market top signal? Fake Banksy nets over $1 million in ETH sales
20.2.2021
With a charity and some slapdash art theory as a cover, a copycat makes off with 512 ETH in NFT sales
Lithuanian tax service’s first confiscated crypto sale nets $7.6M
24.11.2020
The Lithuanian State Tax Inspectorate exchanged Bitcoin, Ether and Monero for 6.4 million euro
Mike Novogratz’s Galaxy Digital Nets $44.3M in Q3
13.11.2020
Galaxy Digital was trading slightly higher on the news