Ukraine Raises $20 Million in Crypto, Russia Looks to Sidestep Sanctions

Ukraine Raises $20 Million in Crypto, Russia Looks to Sidestep Sanctions

Money is pouring in to aid Ukraine’s efforts against the Russian invasion – in the form of cryptocurrency. Around $20 million have been raised in crypto donations by the Ukraine’s central bank and allied NGOs, estimates blockchain consulting firm Elliptic.Why crypto?Because it allows for quick, anonymous, cross-border payments which aren’t dependent on financial institutions. Such … Read more

Top 5 Metaverse Crypto Coins With a Market Cap Below $17 Million – The VR Soldier

Top 5 Metaverse Crypto Coins With a Market Cap Below $17 Million – The VR Soldier

Cryptocurrency markets continue to trade sideways this weekend, with Bitcoin and Ethereum managing to hold support. There are dozens of Metaverse crypto coins on the market with a wide range of market caps and prices. This article looks at our pick of the top five relatively low market cap Metaverse crypto coins with a market … Read more

Crypto startup Helium raises $200 million

Axios recently learned that crypto startup, Helium raised $200 million in Series D funding at $1.2 billion valuations, with its new investors Tiger Global and FTX Ventures.  The company had previously raised $110 billion in VC funding and $111 million last summer in a token sale. The investment firm, Skybridge Capital, in the market with an … Read more

Sequoia Launches $500 Million Fund To Invest In Crypto Tokens As Silicon Valley Throws Billions At Blockchain

Sequoia Launches $500 Million Fund To Invest In Crypto Tokens As Silicon Valley Throws Billions At Blockchain

Topline Fresh off a record year for crypto funding deals, storied venture capital firm Sequoia Capital announced Thursday it has launched a crypto-focused fund with between $500 million and $600 million in capital, becoming the latest Silicon Valley giant to plow money into the burgeoning cryptocurrency space.  Another Silicon Valley giant is starting a big … Read more

Romance scammers collected $139 million in crypto last year

Romance scammers collected $139 million in crypto last year

Romance scammers made off with a total of $139 million in cryptocurrency last year, five times more than the amount stolen in 2020, according to a new report from the Federal Trade Commission (FTC). The total amount of money lost through cryptocurrency payments made up the largest piece of the $547 million lost to scammers … Read more

Crypto Market Binance Investing $200 Million in Forbes

Crypto Market Binance Investing $200 Million in Forbes

Binance, the world’s largest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, a print and digital publisher, founded in 1917 and best known for the magazine of the same name. The funding from Binance is supposed to assist Forbes in completing a planned merger with a special purpose acquisition company (SPAC) in the … Read more

Crypto Trading Startup Mudrex Raises $6.5 Million in Pre-Series Funding; Details Here

Crypto Trading Startup Mudrex Raises $6.5 Million in Pre-Series Funding; Details Here

Bengaluru and San Francisco based crypto investing platform, Mudrex has raised $6.5 million in its pre-series round A funding from investors. Backed by startup accelerator company, Y Combinator, the crypto trading platform received fresh funding from Akram Ventures, Tribe Capital, and Bolt by QED. The new funding follows a $2.5 million seed funding that the … Read more

Mudrex: Crypto platform Mudrex raises $6.5 million in pre-series A

Mudrex: Crypto platform Mudrex raises $6.5 million in pre-series A

New Delhi: Mudrex, Bengaluru-based crypto investing platform, has raised $6.5 million in a pre-series A round from Arkam Ventures, Tribe Capital and Bolt by QED Investors. Launched in 2018, Y Combinator-backed Mudrex has clocked a 450 per cent user growth in the last four months from over 100 countries. Four months earlier, the start-up raised … Read more

$325 Million In Crypto Allegedly Stolen From $1 Billion Decentralized Finance Platform

$325 Million In Crypto Allegedly Stolen From $1 Billion Decentralized Finance Platform

Topline Wormhole Portal, a platform that helps users transfer cryptocurrency between the Solana and Ethereum blockchains, said Wednesday afternoon a hacker had stolen more than $325 million worth of tokens in what experts call one of the biggest hacks ever in the booming $192 billion decentralized finance space—an area regulators seem keen to crack down … Read more

Vitalik Buterin to Use $100 Million From Crypto Relief’s SHIB Funds to Accelerate Covid Relief Efforts – Featured Bitcoin News

Vitalik Buterin to Use $100 Million From Crypto Relief's SHIB Funds to Accelerate Covid Relief Efforts in India

Ethereum co-founder Vitalik Buterin has unveiled how he will use $100 million in cryptocurrency from India’s Covid Crypto Relief Fund (Cryptorelief) to accelerate relief efforts and “bring great benefit to Indians and non-Indians.” The crypto is part of the Shiba Inu funds Buterin donated to Cryptorelief last year. Vitalik Buterin to Personally Deploy $100M From … Read more

Crypto.com Finally Admits It Lost $30 Million in a Hack

Crypto.com Finally Admits It Lost $30 Million in a Hack

As Russia continues to teeter on the brink of invading Ukraine, IT administrators in the beleaguered country and researchers have discovered destructive data wiping malware posing as ransomware and lurking in a number of Ukrainian networks. The situation evokes past devastating Russian malware campaigns against Ukraine—including the infamous NotPetya attack in 2017. Elsewhere on the continent, … Read more

Inflection raises $40 million for its second crypto-focused fund – TechCrunch

Inflection raises $40 million for its second crypto-focused fund – TechCrunch

Early-stage venture firm Inflection has raised a new found to invest into the “open economy”, as the firm says in its investment thesis. With that term, the firm means that it plans to cover all things crypto, web3 and blockchain with its new $40.7 million fund. Limited partners in the Mercury Fund include Accolade Partners, … Read more

DeFi platform Multichain says $1.4 million in crypto siphoned from users in a cyber attack

DeFi platform Multichain says $1.4 million in crypto siphoned from users in a cyber attack

Atleast $1.41 million (Rs 10 crore approx.) has been mooched off by cyber criminals due to a “critical vulnerability” in one of the largest crypto token swapping platforms in the world, Multichain, formerly known as Anyswap. This development comes at a time when the security ecosystem around decentralised finance (DeFi) is being questioned, with billions … Read more

Middle Eastern crypto exchange Rain raises $110 million led by Kleiner Perkins and Paradigm

Middle Eastern crypto exchange Rain raises $110 million led by Kleiner Perkins and Paradigm

Bahrain-headquartered cryptocurrency exchange Rain has raised $110 million in a Series B round co-led by Kleiner Perkins and Paradigm (the largest crypto fund in the world founded by Coinbase co-founder Fred Ehrsam and former Sequoia Capital partner Matt Huang). It is the first Middle East investment for both the firms. The round is one of … Read more

Crypto.com expands venture arm to $500 million to back early-stage web3 startups – TechCrunch

Crypto.com expands venture arm to $500 million to back early-stage web3 startups – TechCrunch

Crypto.com, a popular cryptocurrency exchange, has extended its venture arm’s fund size to $500 million as it looks to more aggressively back early-stage startups to help the nascent ecosystem grow, following similar moves by rivals Binance, Coinbase and FTX. The broadening of Crypto.com Capital comes less than a year after the Singapore-headquartered firm unveiled its … Read more

Victims of $200 million hack of BitMart crypto exchange still waiting to get their money back

Victims of $200 million hack of BitMart crypto exchange still waiting to get their money back

Cryptocurrency exchange BitMart promised a full reimbursement to the victims of the platform-wide $200 million hack, but some users still haven’t gotten their money back, according to a report from CNBC. Hackers made off with a variety of tokens on December 4th after using a stolen privacy key to gain access to one of BitMart’s … Read more

How Coinbase Foiled The Theft Of A Half Million From An Elderly Man’s Bank Accounts

How Coinbase Foiled The Theft Of A Half Million From An Elderly Man’s Bank Accounts

Scammers convinced a North Carolinian to cash in his bank CDs and transfer the money into bitcoin held in a Coinbase account. The banks didn’t block the suspicious transactions, but the crypto exchange froze the funds. getty In late August, an elderly Asheville, North Carolina man received a terrifying call from someone claiming to be … Read more

Crypto Firm Sygnum Hits $800 Million Valuation in Funding Round

Crypto Firm Sygnum Hits $800 Million Valuation in Funding Round

(Bloomberg) — Sygnum, which runs a digital-asset bank and trading platform, raised $90 million in a funding round that valued it at $800 million, as venture capital firms pour record-shattering amounts of money into the crypto industry. The financing was led by Sun Hung Kai & Co., and also included investors like Animoca Brands and Canada’s … Read more

LinksDAO, a crypto-based start-up golf club, just raised $11 million

LinksDAO, a crypto-based start-up golf club, just raised $11 million

By: Josh Sens January 3, 2022 LinksDAO is aiming to shake up the traditional concept of the country club. LinksDAO Psst! Wanna join a first-of-its-kind private golf club? Mike Dudas is among those who would love to have you. He can promise you fellowship and friendly competitions, without any stuffy application process: no cocktail-party vetting; … Read more

Crypto CEO Brian Armstrong Buys Los Angeles Home for $133 Million

Crypto CEO Brian Armstrong Buys Los Angeles Home for $133 Million

Coinbase Chief Executive Officer Brian Armstrong is the buyer of a $133 million Los Angeles estate, according to people familiar with the deal. The transaction, which closed in December, is one of the priciest single-family home sales ever completed in the L.A. area. The seller was a limited liability company tied to Japanese entrepreneur Hideki … Read more

About 20 million Indians jumped on to crypto bandwagon in 2021

About 20 million Indians jumped on to crypto bandwagon in 2021

Mumbai: Vishal Gupta is busy even when he is sitting in a hair cutting salon in Noida’s Sector 168. The 34-year-old crypto investor is keeping tabs on Bitcoin prices through an app, looking for signals of which way it will head. Across India, the situation is little different. About 20 million people in the country … Read more

MicroStrategy CEO Michael Saylor’s Bitcoin Stash Exceeds 17,000 Crypto Coins Worth Around $860 Million: Report

MicroStrategy CEO Michael Saylor’s Bitcoin Stash Exceeds 17,000 Crypto Coins Worth Around $860 Million: Report

In recent years, Micheal Saylor, the CEO of US-based business intelligence firm MicroStrategy has established his reputation as a Bitcoin bull, without really revealing details of his own holdings. The 56-year-old businessman reportedly owns at least 17,732 Bitcoin tokens, presently amounting to around $860 million (roughly Rs. 6,468 crore). This information recently surfaced in a … Read more

Crypto company Anchorage raises $350 million at $3 billion valuation – TechCrunch

Crypto company Anchorage raises $350 million at $3 billion valuation – TechCrunch

Less than a year after raising an $80 million Series C round, Anchorage is announcing that it has raised a $350 million Series D round. With today’s funding round, the company has reached a valuation of more than $3 billion. Anchorage offers a custody solution for big institutions, such as publicly traded companies or funds. … Read more

Vulcan Forged Game Hacked, Crypto Assets Worth $140 Million Stolen

Vulcan Forged Game Hacked, Crypto Assets Worth $140 Million Stolen

Hacks targeting crypto-related platforms have risen exponentially in recent times. Recently, a crypto-gaming ecosystem called Vulcan Forged fell prey to a hack attack, losing $140 million (roughly Rs. 1,062 crore) worth of users’ crypto assets. Hackers reportedly accessed the keys of 96 wallets, stealing 23.7 percent of the project’s circulating supply of tokens. The gaming ecosystem … Read more

WikiLeaks Has Received $2.2 Million Worth of Donations in Crypto

WikiLeaks Has Received $2.2 Million Worth of Donations in Crypto

WikiLeaks is one of the world’s most famous organizations. In its essence, WikiLeaks is an international non-profit organization designed to publish news leaks and classified media provided by various anonymous sources. It was founded back in 2006 by Julian Paul Assange – an Australian activist, publisher, and editor. He was arrested in 2019 in London, … Read more

Crypto Exchange AscendEX (Formerly Bitmax) Hacked: $80 Million Allegedly Stolen

Crypto Exchange AscendEX (Formerly Bitmax) Hacked: $80 Million Allegedly Stolen

AscendEX, a cryptocurrency exchange that recently celebrated its third anniversary, confirmed that numerous tokens were maliciously transferred out of its hot wallet earlier today. While the firm is yet to affirm the total amount stolen, early estimations show that the funds are worth roughly $80 million. The company admitted to detecting an undisclosed number of … Read more

More than $1 million lost to crypto scams this year: Guelph police

More than $1 million lost to crypto scams this year: Guelph police

Guelph police say its fraud unit has investigated more than $1 million in losses related to cryptocurrency scams this year. The latest scams involve various residents losing thousands of dollars after being contacted by someone claiming to be with the Canada Border Services Agency. Read more: Guelph woman loses nearly $8,000 in Bitcoin scam, police … Read more

The UK braces for 1 million omicron cases as Covid variant spreads

The UK braces for 1 million omicron cases as Covid variant spreads

A fan wearing a face mask looks on during the Sky Bet Championship match between Nottingham Forest and Fulham at City Ground on October 24, 2021 in Nottingham, England.Naomi Baker | Getty Images Sport | Getty ImagesLONDON — The increase in omicron Covid cases in the U.K. is on such steep trajectory that the country … Read more

Exclusive: Up to 1 million COVID vaccines expired in Nigeria last month

Exclusive: Up to 1 million COVID vaccines expired in Nigeria last month

DAKAR, Dec 7 (Reuters) – Up to one million COVID-19 vaccines are estimated to have expired in Nigeria last month without being used, two sources told Reuters, one of the biggest single losses of doses that shows the difficulty African nations have getting shots in arms.Governments on the continent of over one billion people have … Read more

Europe hits 75 million COVID cases as it braces for Omicron: Live | Coronavirus pandemic News

Europe hits 75 million COVID cases as it braces for Omicron: Live | Coronavirus pandemic News

Rise in the prevalence of COVID-19 infections in the UK in the latest week, however, was driven by the dominant Delta variant rather than Omicron.Europe has crossed 75 million coronavirus cases, according to a Reuters news agency tally, as the region braces for the new Omicron variant at a time when hospitals in some countries … Read more

Tennis Australia annual report shows $100 million loss due to COVID-19 restrictions, player quarantine for Australian Open

People wearing masks check their mobile phones after passing through gates at the Australian Open.

Tennis Australia sustained a net loss of more than $100 million in the 15 months around this year’s delayed — and COVID-19-affected — Australian Open, the body’s 2020-21 annual report showed.Key points:Tennis Australia emptied its cash reserves of $80 million and took a loan of $40 million due to the impact of COVID-19 on the … Read more

BadgerDAO hackers stole $120 million in crypto with a simple but effective attack

BadgerDAO hackers stole $120 million in crypto with a simple but effective attack

On Wednesday night, someone drained funds from multiple cryptocurrency wallets connected to the decentralized finance platform BadgerDAO. According to the blockchain security and data analytics Peckshield, which is working with Badger to investigate the heist, the various tokens stolen in the attack are worth about $120 million. While the investigation is still ongoing, members of … Read more

Indian Crypto Investor Paid $69.3 Million For An NFT. Then He Did This

Indian Crypto Investor Paid $69.3 Million For An NFT. Then He Did This

Vignesh Sundaresan, also known as MetaKovan, spent $69.3 million on a Beeple non-fungible token earlier this year, but he’s not very possessive about it.The beauty of an NFT is that everyone gets to enjoy it, the Indian cryptocurrency entrepreneur and investor said in an interview with Bloomberg News. In fact, he’d be happy if everyone … Read more

Crypto on Govt table, top global investors put in $500 million this year

Crypto on Govt table, top global investors put in $500 million this year

INCREASED LIQUIDITY in global financial markets and the Supreme Court order early last year allowing use of banking infrastructure by cryptocurrency platforms has led to top investment firms, such as Tiger Global, Sequoia Capital, B Capital and Andreessen Horowitz, pumping in over half-a-billion dollars in India’s cryptocurrency and blockchain technology space in 2021 so far. … Read more

Gemini Crypto Platform Secures $400 Million in Equity Funding Placing a $7.1 Billion Value on the Firm

Gemini Crypto Platform Secures $400 Million in Equity Funding Placing a $7.1 Billion Value on the Firm

Late last week the wunderkind tandem of Cameron and Tyler Winklevoss announced the successful close of a $400 million equity round of financing for their cryptocurrency platform, Gemini. This latest funding infusion balloons Gemini’s balance sheet to an impressive $7.1 billion valuation. “Gemini is the portal into crypto for new and seasoned investors alike,” said … Read more

Crowdcube eyes Europe after raising £10 million from crypto business Circle

Crowdcube eyes Europe after raising £10 million from crypto business Circle

Britain’s biggest crowdfunding platform Crowdcube is eyeing major expansion to Europe and could one day put company stock on the blockchain after raising £10 million from a US cryptocurrency business.US business Circle is backing the crowdfunding platform, which has helped the likes of BrewDog, Revolut and Mindful Chef raise money from small time investors. Existing … Read more

Bitcoin price: Prediction shows one crypto coin will be worth $1 million, replace currencies across world

Bitcoin price: Prediction shows one crypto coin will be worth $1 million, replace currencies across world

Bitcoin is going to replace gold and become one of the most powerful assets to hold on the planet. That’s what Microstrategy CEO Michael Saylor says about the future of bitcoin as institutional adoption rises.“We are going to keep stacking forever,” Saylor said after being pressed on whether his company, which owns 114,042 BTC would … Read more

US government seizes $56 million in crypto from BitConnect’s ‘number one promoter’

US government seizes $56 million in crypto from BitConnect’s ‘number one promoter’

The US government has seized $56 million worth of cryptocurrency from an admitted participant in the BitConnect scam and intends to sell the coins and use the proceeds to reimburse victims. The Department of Justice says that it’s the largest recovery of cryptocurrency to date — and that it was willingly given up by Los … Read more

Crypto group raises $4 million and counting to buy early copy of US Constitution

Crypto group raises $4 million and counting to buy early copy of US Constitution

Bill Oxford via Getty Images A rare, first edition copy of the US Constitution is going up for auction on Nov. 18, and a crypto group called ConstitutionDAO is currently raising funds to buy it.Sotheby’s, which is conducting the auction, expects the copy to sell for between $15 million and $20 million. This copy of … Read more

Queensland set to loosen COVID border restrictions, with 1.6 million unvaccinated in the state

Queensland set to loosen COVID border restrictions, with 1.6 million unvaccinated in the state

About 1.6 million Queensland residents remain unvaccinated against COVID-19, as the state prepares to open borders to inoculated travellers flying in from virus hotspots interstate.Key points:The Queensland government is expected to announce today how people can start applying for border passesAn infectious disease expert is concerned the virus will spread quickly once border rules relaxAbout … Read more

Shiba Inu (78 million percent in a year) vs Koinos (535% in a month)

Shiba Inu (78 million percent in a year) vs Koinos (535% in a month)

The story of Shiba Inu (SHIB), crypto’s best-performer of the year, still boggles the mind — even after multiple retellings. Just 12 months ago, the price of one SHIB token had ten zeros in front of it: $0.000000000063 on volume of $682.58, according to CoinGecko.By late October of this year, six of those zeros had … Read more

Shiba Inu ($SHIB) Coming to India’s First Crypto Unicorn With 3.5 Million Users

Shiba Inu ($SHIB) Coming to India’s First Crypto Unicorn With 3.5 Million Users

The popular meme-inspired cryptocurrency Shiba Inu ($SHIB) is being listed on the retail-friendly platform of Indian cryptocurrency trading platform CoinDCX. Until now, SHIB was available in the platform in trade-only mode on the professionally-oriented CoinDCX Pro. According to a tweet from CoinDCX, the listing happened this Friday, November 12. CoinDCX is looking to onboard 50 … Read more

Trading App With Over 1 Million Users Expands Crypto Offering With $SOL, $MATIC, $LUNA, and Others

Trading App With Over 1 Million Users Expands Crypto Offering With $SOL, $MATIC, $LUNA, and Others

Public, a popular trading app competing with Robinhood (NASDAQ: HOOD) that has already amassed over one million users, has expanded its cryptocurrency offering with the addition of numerous new cryptocurrencies. According to Business Insider, the company now offers 21 cryptocurrencies via its commission-free trading platform, as it has recently listed Solana ($SOL), Terra ($LUNA), Chainlink … Read more

Glasgow COVID-19 Lab Passes 20 Million Tests

Glasgow COVID-19 Lab Passes 20 Million Tests

More than 20 million tests now analysed at Glasgow’s lab to cut COVID-19 transmission Visit follows net zero ambitions announced for UK health services at COP26 The Glasgow Lighthouse Lab has now analysed more than 20 million COVID-19 tests, as Health and Social Care Secretary, Sajid Javid visited the lab today [Wednesday 10 November] to … Read more

WOO Network Bags Series A Funding of $30 Million Amid Growing Crypto Culture

WOO Network Bags Series A Funding of $30 Million Amid Growing Crypto Culture

Crypto space is expanding at a brisk pace and more crypto exchange platforms are trying to establish themselves in the market early on. In a Series A funding round, crypto exchange platform WOO Network has bagged $30 million (roughly Rs. 223 crore) from various investors, including major Singapore-based investment firm Three Arrows Capital. A total … Read more

Crypto for corporate treasury startup Meow raises $5 million in seed funding

Crypto for corporate treasury startup Meow raises $5 million in seed funding

Meow, the future of modern, compliant investing for corporate treasuries, today announced that the company has raised a seed round of funding. Coinbase Ventures, Gemini Frontier Fund, Lux Capital, and a host of cryptocurrency luminaries including Jump Capital, Slow Ventures, Shine Capital, Castle Island Ventures, Acrylic, amongst others, participated in the round. Until now, corporate … Read more

Global Covid-19 cases near 250 million as Delta surge eases

Worldwide cases due to Covid-19 were approaching 250 million on Sunday as the surge from the Delta variant eases and more normal trade and tourism resume, although some countries in eastern Europe are experiencing record outbreaks. Over the last three months, the daily average number of cases has fallen by 36%, according to a Reuters … Read more