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Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado Bitcoin
2.7.2021
The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that...
Roblox is Being Sued By Music Publishers For $200 Million
10.6.2021
The National Music Publishers’ Association is suing Roblox for at least $200 million, claiming that the platform’s games are “illegally using songs from numerous artists”.Read more
Thai Public Company Brooker Group Invests $6.6 Million in Bitcoin
15.5.2021
The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company has disclosed that it has bought 122.3158 bitcoins worth $6.6 million or 200 million baht. Thai Public Company Invests in Bitcoin The number of public companies...
Nigerian Blockchain Educator Says Uncertain Regulations and Scams Slow Adoption of Cryptocurrencies
15.4.2021
With a population of over 200 million, Nigeria is widely regarded as one the biggest crypto markets in the world. Some in the crypto world believe Nigeria is one of the few countries better placed to see a greater acceptance of digital currencies. However, despite this optimism, the Nigerian crypto...
Soros Fund, New York Life, Morgan Stanley Among Investors of $200 Million in Bitcoin Investment Firm
9.3.2021
Soros Fund Management, New York Life, and Morgan Stanley have joined Stone Ridge Holdings, Massmutual, FS Investments, and Bessemer Venture Partners to invest in bitcoin-focused investment company NYDIG. They will collaborate on a range of bitcoin-related strategic initiatives, and expect to launch...
Paypal Acquiring Crypto Security Firm Curv to Expand Digital Asset Initiatives
8.3.2021
Payments giant Paypal has announced that it is acquiring Tel Aviv-based crypto security infrastructure provider Curv. According to Paypal, this acquisition will help the company “expand its initiatives to support cryptocurrencies and digital assets.” The deal is reportedly worth less...
Cannabis Dealer Forfeits $3 Million in Bitcoin — 6,000 More BTC Still Missing
4.1.2021
A cannabis dealer has forfeited bitcoins worth about $3 million after they were seized by the Irish Criminal Assets Bureau. However, a bigger stash of 6,000 bitcoins belonging to him, worth about $200 million at the current price, are still inaccessible to the bureau. Irish Authority Sold Seized...
Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes
11.12.2020
Argentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2.5 million). At the same time, the country still faces a 35% inflation....
$200 Million Brazilian Crypto Fraud Scam: The US Seizes $24 Million Worth of Digital Currencies
5.11.2020
The United States Department of Justice (DOJ) says it has seized cryptocurrencies worth $24 million after receiving an official request from the government of Brazil. The seizure stems from an ongoing investigation into the $200 million cryptocurrency scam that may have defrauded tens of thousands...
Cashfusion Use Increased by 328%, $200M in BCH Fused and Close to 20,000 Fusions
18.10.2020
Cashfusion, the privacy-enhancing solution for the Bitcoin Cash network is nearing its one-year anniversary and during the last four months, fusions have increased by 328.93%. The protocol recently completed a security audit and fusions are nearing 20k with close to $200 million worth of bitcoin...
Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens
27.9.2020
Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ether and ERC20s to connect with the decentralized exchange (dex) Uniswap....
Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T
11.9.2020
A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after...
First Mover: The Logic Behind Three Arrows’ $200M Grayscale Bet
23.6.2020
Three Arrows has taken a large bet on GBTC but the halcyon days of the Grayscale premium flip may be numbered
UK Cryptocurrency Firms Turn to Equity Funding as ICO Coffers Plunge 70%
2.5.2020
UK cryptocurrency and blockchain startups are turning focus back to conventional means of raising capital, as initial coin offering (ICO) coffers dry up. According to a new report, initial coin offering (ICO) funding last year plunged 71% to £200 million ($250 million) from £700 million...
Coinbase’s Retail Payment Portal Passed $200 Million in Transactions
30.3.2020
Coinbase Commerce, the retail arm of the crypto exchange, finally exceeded $200 million in transactions since its launch two years ago
Ripple Slashes XRP Selling Even More After Raising USD 200 Million
24.1.2020
Ripple, an American blockchain company focusing on payments technologies, reduced sales of XRP from its escrow fund last quarter when it secured USD 200 million in funding.
According to their report, the reductions in Q4 follows that sharp reduction that was recorded in Q3, with the main difference...
Bitcoin.com to Launch $200 Million BCH Ecosystem Investment Fund
20.11.2019
Bitcoin.com is planning a major step toward promoting the growth of the BCH ecosystem. A $200 million fund will empower developers to offer new capabilities to bitcoin cash users as well as give institutional investors a chance to capitalize on the future of the cryptocurrency. Also Read:...
Peter Thiel Backs $200 Million Valuation for Renewable Bitcoin Mining in the US
15.10.2019
A vertically integrated startup has raised $30 million to bring bitcoin mining back to the U.S
Arrington XRP Backs Fund’s $200 Million Raise for Algorand Blockchain
27.8.2019
Arrington XRP, NGC Ventures, among others, have backed a $200 million fund launched by a capital firm dedicated to investing in the Algorand blockchain ecosystem
Algo VC Fund Raises $200 Million to Fast Track Ethereum Rival
27.8.2019
Algo Capital has raised $200 million for a VC fund focused on firms that will help drive adoption of the Algo token for payments