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dYdX to unlock 6.52M tokens worth $14M for community treasury, rewards
29.8.2023
Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury. The treasury funds contributor grants, community initiatives and liquidity mining among other programs
Awakening of a Bitcoin Giant: $30 Million in BTC Moved From Dormant Wallets After 6-Year Slumber
28.8.2023
In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89 BTC — worth more than $30 million —...
PEPE Token Heist: Former Team Members Swipe $15 Million in Tokens, Lead Developer Vows to Rebuild and Decentralize
27.8.2023
Approximately 16 trillion PEPE tokens worth $15 million were illicitly transferred to crypto exchanges and sold, according to an announcement from the meme coin’s anonymous lead developer. The theft was allegedly orchestrated by three former team members who accessed the token’s...
Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga
26.8.2023
In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed this proposal. Consequently, Celsius’s...
Jellyfish Mobile to Curb the SIM-Swap Menace That Led to Losses Worth $140 Million in Two Years
26.8.2023
PRESS RELEASE. The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allowing them to bypass security measures and access...
PEPE whale seizes dip opportunity, buys $529k worth of tokens
25.8.2023
This transaction followed this same whale’s previous transactions on 5 June 2023 where he spent 280 Ethereum (worth $507,000) to acquire 500 billion PEPE
Bitcoin could be worth less than $20K in 2023, US inflation data says
25.8.2023
Bitcoin, taking inflation into account, has in fact been a solid store of value since 2017, commentators conclude
FBI Warning: North Korean Hacker Groups Lazarus and APT38 May Cash Out Stolen BTC Worth $40 Million
23.8.2023
The US Federal Bureau of Investigations (FBI) alerted crypto firms on Tuesday, that North Korean hackers may soon attempt to cash out stolen Bitcoin worth over $40 million.
The infamous hacker groups from the Democratic People's Republic of Korea (DPRK) – Lazarus and APT38 – have moved close...
Ethereum Co-founder Vitalik Buterin Transfers $1 Million Worth of ETH To Coinbase – What’s Going On?
21.8.2023
Ethereum co-founder Vitalik Buterin has transferred 600 Ether (ETH) worth around $1 million to Coinbase as market uncertainty looms.
According to on-chain data from Etherscan, a wallet controlled by Buterin Vitalik.eth transferred the assets on Aug 21. At press time, the wallet still holds 3,900...
Cybercriminals Use Crypto Gaming to Steal Millions — Philippines National Police
19.8.2023
The cybercrime fighting unit within the Philippines National Police has asked residents to be wary of rewards promised by play-to-earn (P2E) games because they can be used to steal crypto assets worth millions of dollars. The unit said players can reduce the chances of losing money to scammers...
Elon Musk’s Spacex Writes Down Bitcoin Worth $373 Million
19.8.2023
Spacex reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of the cryptocurrency. According to reports, Tesla, another company run by billionaire Elon Musk, has taken a similar approach with its bitcoin holdings. Spacex...
Bitcoin, Ethereum Technical Analysis: BTC Plummets Below $26,000 on Reports Elon Musk’s Spacex Liquidated Bitcoin Holdings
18.8.2023
Bears ran through crypto markets on Friday, following reports that Elon Musk’s Spacex had sold all of its bitcoin holdings. It has been suggested that Spacex liquidated over $370 million worth of the cryptocurrency last year. Ethereum dropped below $1,600. Bitcoin Bitcoin (BTC) bears pushed...
SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report
17.8.2023
Elon Musk announced in 2021 that SpaceX had some Bitcoin holdings following an SEC filing showing Tesla planned to purchase $1.5 billion worth of the cryptocurrency
‘High-Net-Worth’ Chileans Growing Crypto Keen, Says Expert
17.8.2023
“High-net-worth-individuals” in Chile are growing increasingly keen on crypto investment, an expert has claimed.
Per America Economia, the comments were made by Christopher Storaker, the CEO of Arch Finance, a crypto investment firm with a presence in the Latin American country.
Storaker...
Tianjin, China, Says It Has Processed $1.76bn Worth of Digital Yuan – CBDC Progressing?
15.8.2023
The Chinese city of Tianjin says residents and businesses transacted a cumulative total of over $1.76bn worth of CBDC since it joined the digital yuan pilot in 2022.
Per Jinyun News, via Enorth, city officials claimed that some 302,000 merchants had processed the aforementioned amount in 14.97...
Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million
14.8.2023
On the morning of Monday, August 14, 2023, at the precise block height of 803,135, a dormant bitcoin address — created on November 9, 2010 — stirred to life. After lying in slumber for an exacting 12.9 years, it awoke to spend a staggering 1,005 bitcoin, a sum swelling to...
Metaverse project The Sandbox unlocks $133M worth of tokens
14.8.2023
The next batch of token unlocks for The Sandbox is on Feb. 14, 2024, and will unfreeze over 200 million SAND for its team, company reserve and advisors
Amid Gold’s Recent Slide, Experts Predict a Shining Future with Potential Highs Beyond $2,500 by 2024
13.8.2023
In recent times, gold and silver have faced a downtrend, with gold losing over 2% of its value in the past month and silver tumbling more than 5% against the U.S. dollar. Even amid gold’s rather uninspiring performance this last month, David Neuhauser, the founder of the investment company...
Rebase Tokens: A Stunning Collapse From $8 Billion to $351 Million in 20 Months
12.8.2023
The crypto winter inflicted a brutal toll on the digital currency landscape, leaving numerous coins with values utterly obliterated. Within this ravaged financial terrain, one specific category — rebase tokens — suffered a tremendous deflation in worth over the previous 20 months. In a stark...
Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space
11.8.2023
Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin....