European football giants AC Milan are the latest major sporting institution to employ blockchain-based fan tokens in a bid to reach 450 million fans amid lockdown. Source link
Read More »SBF leads $50M funding round to bring DeFi to Maps.me's 140M users
A travel and mapping application with 140 million users worldwide has raised $50 million to integrate decentralized finance protocols into its platform. Source link
Read More »India Seizes Bitcoins Worth $1.2 Million From Hacker of Government Website and Crypto Exchanges
Indian police have seized $1.2 million in bitcoin from a hacker who allegedly hacked a government website, online game portals, and cryptocurrency exchanges. He was previously arrested for stealing $1.5 million from an Indian state government. Indian Police Seize Bitcoins From Hacker The Bengaluru Central Crime Branch (CCB) Police have …
Read More »Man Accidentally Threw Away Hard Drive With 7,500 Bitcoins, Offers City $72 Million to Search Landfill
A man has accidentally thrown away a hard drive containing 7,500 bitcoins. He is now offering his city 25% of the value of the bitcoins stored in the hard drive for permission to search the city’s landfill site. His bitcoins are now worth almost $300 million at the current price. …
Read More »This Bitcoin Ransomware Rakes in $150 Million in BTC
A new report by two cybersecurity firms has revealed that one ransomware family is particularly successful, raking in over $150 million in bitcoin. The ransom payments “sometimes amount to millions of dollars and typically run in the hundreds of thousands range.” Ransomware Makes $150 Million in Bitcoin The Ryuk ransomware …
Read More »Proposal seeks to overhaul Aave’s $375 million Safety Module
Big changes are coming to DeFi’s second-largest protocol and its $375 million insurance pool Source link
Read More »South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million
Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media reports, Nexon is to buy all the shares owned by Bithumb chairman Lee Jung Hoon, …
Read More »Ripple co-founder Jed McCaleb sold $400 million worth of XRP in 2020
Ripple co-founder Jed McCaleb appears to have enjoyed a prosperous 2020, having sold more than $400 million worth of XRP over the last 12 months. Source link
Read More »OKExChain mainnet enters 'Genesis' stage, 10 million OKT tokens issued
The major spot exchange platform has launched its mainnet trading chain OKExChain. Source link
Read More »While Bitcoin Tapped New Price Highs, 78,000 Short Positions Worth Over $800 Million Got Liquidated
While bitcoin has crossed a new all-time price high in 2021, traders are leery toward shorting the crypto asset. Data from Bitfinex shows the number of short contracts has been extremely low in comparison to the total number of shorts in mid-March 2020. On Saturday, January 2, 2021, when the …
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