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Galaxy Digital to Debut $100 Million Crypto Fund Initiative
4.4.2024
Galaxy Digital, a cryptocurrency venture capital firm, is in talks with third parties to launch its first cooperative crypto investment fund. The fund, called Galaxy Ventures Fund I, LP, will focus on crypto projects still in their early stages and is seeking to raise and allocate $100 million...
Galaxy Plans to Raise $100M for Crypto Venture Fund
3.4.2024
Markets Tumble as Fed Rate Cut Expectations Diminish
3.4.2024
Attention is riveted on the Federal Reserve’s assembly set for May 1, with widespread anticipation that the U.S. central banking authority might lower the federal funds rate at this juncture of the year. Currently, market forecasts suggest a rate reduction is very unlikely, and Cleveland...
ZachXBT Joins as Custodian for Multisig Wallet Holding Munchables’ Hacked Funds
2.4.2024
ZachXBT will serve as the fourth signer on the multisig wallet, alongside existing custodians Manifold Trading, Selini Capital, and Munchables themselves.
The post ZachXBT Joins as Custodian for Multisig Wallet Holding Munchables’ Hacked Funds appeared first on Cryptonews
Crypto Funds Saw Inflows of $862M Last Week Following $1B of Outflows the Week Before: CoinShares
2.4.2024
The recovery from the week before coincided with a recovery in BTC's price which sat at just under $70,000 on March 29, up nearly 10% on a week earlier
Spot Bitcoin ETFs Continue to See Net Outflows as BTC Price Drops Below $67K
2.4.2024
Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw net outflows on Monday as the flagship cryptocurrency dropped below $67,000.
The post Spot Bitcoin ETFs Continue to See Net Outflows as BTC Price Drops Below $67K appeared first on Cryptonews
$336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield
1.4.2024
According to PeckShield's data, approximately $100 million in stolen digital assets from hacking incidents in March have been successfully recovered.
The post $336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield appeared first on Cryptonews
Defi Platforms Lose More Than $336 Million in Digital Funds in Q1 of 2024, Study Finds
1.4.2024
In the first quarter of 2024, more than $336 million in digital assets were stolen from decentralized finance platforms across 61 incidents of hacking and fraud. During this period, criminals made off with digital assets valued at $144.48 million in two major hacking incidents. In contrast...
Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable
1.4.2024
Prisma Finance addresses the recent security breach of $11.6 million with a recovery strategy and measures aimed at protecting $540,000 in user funds still vulnerable.
The post Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable appeared first on Cryptonews
$62 Million Munchables Hack: Rogue Developer Returns All Funds, No Ransom Demanded
29.3.2024
Web3 gaming app, Munchables, announced on March 27 that an individual who exploited the system agreed to return the stolen funds without a ransom demand. This announcement came just hours after a former developer siphoned off more than 17,400 ethereum coins by gaining access to the Munchables lock...
Assets Invested in Crypto ETFs and ETPs Rise 359% in 2024 From $15B to $69B: ETFGI
28.3.2024
ETFGI, an independent research firm reports assets invested in cryptocurrency exchange traded funds (ETFs) and exchange traded products (ETPs) listed globally have reached a major new milestone of $69.39 billion at the end of February seeing a 358.9% from $15.12 billion at end of 2023.
The post...
Web3 Losses Cut By 23% in Q1 2024, Hackers May Be Eyeing $100 Billion in Locked Funds – Immunefi
28.3.2024
Almost $100 billion in capital is locked across Web3 protocols, representing an attractive opportunity for blackhat hackers, Immunefi said.
The post Web3 Losses Cut By 23% in Q1 2024, Hackers May Be Eyeing $100 Billion in Locked Funds – Immunefi appeared first on Cryptonews
Breaking: Judge Sentences FTX Founder Sam Bankman-Fried to 25 Years in Prison, Fined $11 Billion
28.3.2024
Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and an $11 billion fine, Judge Lewis A. Kaplan ruled in Manhattan federal courthouse Thursday morning. Kaplan likened Bankman-Fried’s theft of nearly $8 billion in customer funds to “a game,” where...
Breaking: Judge Sentences FTX Founder Sam Bankman-Fried to 25 Years in Prison, Fined $11 Billion
28.3.2024
Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and an $11.02 billion fine, Judge Lewis A. Kaplan ruled in Manhattan federal courthouse Thursday morning. Thursday's sentencing marks what many view as an end to Bankman-Fried's case following his misappropriation...
Canadian Authorities Question QuadrigaCX Co-Founder on Source of Funds
28.3.2024
Canadian authorities have filed a third “unexplained wealth order” application with the British Columbia Supreme Court targeting the co-founder of QuadrigaCX Michael Patryn to explain how assets were acquired.
The post Canadian Authorities Question QuadrigaCX Co-Founder on Source of Funds appeared...
BlockDAG emerges as a key player in crypto, drawing Dogecoin enthusiasts & surpassing IOTA’s expectations with $9.7M in funds
28.3.2024
In the fast-paced world of cryptocurrencies, the spotlight often shifts quickly between rising stars and established players. Recently, the crypto community has been abuzz with Dogecoin whales’ significant moves and IOTA’s promising price surge, reflecting a bullish sentiment. Amid...
Goldman Sachs Says ‘Many of Our Largest Clients’ Getting Active in Crypto
27.3.2024
Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said...
Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs
27.3.2024
Illicit activity in the cryptocurrency ecosystem appears to have reduced, with the total illicit funds shrinking by 9% in 2023 compared to 2022, even though criminals still handled over $34 billion worth of cryptocurrencies, Blockchain analytics firm TRM Labs has found
New Zealand Regulator Warns Against Crypto Exchange Clone
27.3.2024
New Zealand regulator noted that crypto exchange clone company has been reportedly contacting customers, promising to retrieve funds lost in previous unsuccessful investments.
The post New Zealand Regulator Warns Against Crypto Exchange Clone appeared first on Cryptonews
Munchables Retrieves All Funds from Exploiter, Refund in Progress
27.3.2024
Former Munchables developer opts to return the exploited funds without ransom as the web3 gaming platform recovers $97 million user funds and prepares for compensatory refund.
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