EIGEN FDV slips to $6.4b, in a victory for Polymarket traders

Eigenlayer token retreated by over 2% after launching one of the most anticipated airdrops of the year.  EIGEN slips after its airdrop EigenLayer (EIGEN) retreated to a low of $3.61, giving it a market cap of $717 million. It had…

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WazirX granted 4-month $230 million debt repayment extension by Singapore court

Since the $230 million hack in July, WazirX has been scrambling to recover the assets and pacify users. The Indian crypto exchange had asked for a six-month moratorium to deal with the crisis. However, a Singapore court granted only four months relief, with conditions, on Thursday, Business Standard reported.

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US spot Ethereum ETFs see largest daily outflows Since July

Overall, US spot Ethereum ETFs saw $79. 21 million in outflows on Monday, the largest since July. Grayscale’s ETHE recorded a significant $80. 55 million outflow on the same day. Spot Bitcoin ETFs had modest inflows of $4.

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Tune.FM, Music Streaming Project on Hedera Blockchain, Gets $50M Capital Commitment

The news comes just eight months after Tune.FM shared it had raised $20 million in a funding round.

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‘Asia’s MicroStrategy’ Metaplanet Tops Up Bitcoin Portfolio With $2 Million Worth Of BTC

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Could Be Satoshi? Decade-Old Bitcoin Wallet Mysteriously Springs Back To Life With $8 Million In BTC

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Ethereum ETFs' changing landscape - Monochrome, VanEck, and more outflows

Spot ETH ETFs had netflows of -$91 million for the week. The ETH ETF volume has not picked up, compared to the BTC ETF Ethereum has seen notable events surrounding its ETFs this week. One maThe post Ethereum ETFs' changing landscape - Monochrome, VanEck, and more outflows appeared first on AMBCrypto.

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PancakeSwap burns CAKE tokens worth $15m

PancakeSwap has seen the price of its native token rise slightly after the multi-chain decentralized exchange announced it had burned more than 9 million of the tokens. The price of PancakeSwap (CAKE) rose by about 2.3% following the announcement. This…

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HashKey adds AVA and LINK trading for Hong Kong retail investors

Previously, Hong Kong crypto buyers worth less than $1 million only had Bitcoin and Ether to choose from.

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Here’s why Ethereum ETF inflows are lagging behind Bitcoin

Spot Ethereum exchange-traded funds, or ETFs, had seven consecutive days of outflows shedding over $5. 7 million in assets on Friday, Aug. 23, bringing the cumulative figure to $464 million, data by SoSoValue shows.

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SUI price prediction as Poodlana enters final 7-day countdown

Sui price was up 28% in the past 24 hours to lead market gainers. Poodlana on the other hand had reached $5. 8 million in presale with under 7 days left. Sui (SUI) has exploded 28% in the past 24 hours to rank among the top altcoin performers as cryptocurrencies surge amid Bitcoin’s breakout to $60k.

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DePIN early-stage fundraising has grown 296% YoY: Messari

The decentralized physical infrastructure network market continues to see significant growth, with funding for earliest-stage projects increasing 296% year-over-year. According to details shared by crypto market intelligence platform Messari on X, early-stage DePIN projects had raised more than $246 million…

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Shiba Inu's 28% surge: Will SHIB keep its bull run after a change in path?

SHIB had a 28% price increase after correcting in the market. $2.9 million worth of SHIB tokens were burned over the last 24 hours. Shiba Inu [SHIB] has shown signs of a significant price exThe post Shiba Inu's 28% surge: Will SHIB keep its bull run after a change in path? appeared first on AMBCrypto.

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US spot Ether ETFs end 4-day negative flow streak with $33.7m in inflows

The nine U.S. spot Ethereum exchange-traded funds collectively saw net inflows of $33.7 million yesterday, following four straight days of negative flows. Despite continued outflows from Grayscale’s ETF, overall Ethereum (ETH) ETF flows had a positive day yesterday, July 30.…

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Ethereum ETFs vs. Bitcoin ETFs: Which one should you bet on?

The largest ETH ETF, Grayscale, had a single-day outflow of $210 million. ETH also turned bearish, and most metrics hinted at a continued price drop.   Exchange Traded Funds (ETFs) have gainThe post Ethereum ETFs vs.

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Tron surpasses Ethereum, Solana in revenue generated over past 24 hours

Tron has outpaced both Ethereum and Solana in terms of network revenue generation, according to details from decentralized finance data aggregator DeFiLlama. On Tuesday, Tron (TRX) had over $1.4 million in revenue generated in the past 24 hours. In comparison,…

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Uniswap Team Wallet Deposits 1.19M UNI To Coinbase Prime Amid Price Fluctuations

A significant move by a Uniswap team, investor, or advisor wallet, identified as 0x63b, saw the deposit of 1.19 million UNI tokens, valued at $9.15 million, to Coinbase Prime today. This wallet had previously received 9 million UNI from Uniswap on September 17, 2020, when the token was priced at […]

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DeFi Protocol Rho Markets Suffers $7.6 Million Loss Scare With Gray Hat Hackers

In an interesting turn of events, Rho Markets, a lending protocol based on the Ethereum layer two networks Scroll, has had a daunting experience with grey hat hackers involving the temporary loss of $7.

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Notcoin (NOT) Not Responding To Market, Investors Flocking To Altcoins Like Mog Coin (MOG) And Rollblock (RBLK)

Three narratives have stood tall in the first two quarters of the year: meme coins, tap to earn, and innovative development. Notcoin had 6. 5 million daily users, which pushed its popularity beyond the stars.

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Phishing Victim Recovers $10.3M In $stETH From Attacker, Awaits Remaining Funds

A report from Cyver Alert revealed a phishing attack that occurred over a year ago, resulting in the loss of nearly $32 million in staked Ethereum (stETH). The victim had fallen prey to a malicious contract, leading to the significant theft.

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Phishing scammer returns $10 million to victim 10 months after $24 million Ethereum heist

A crypto whale who lost $24 million worth of liquid staked Ethereum via a phishing scam last year is receiving the money back. Blockchain security firm Scam Sniffer reported that the attacker had returned more than $10 million of the stolen funds as of July 15.

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Compound Finance Closes $25 Million Series A Led By a16z

DeFi lending platform Compound raised $25 million in Series A funding on November 15, 2019, led by Andreessen Horowitz – one of the largest ever DeFi startup raises at the time. Andreessen Horowitz, also known as a16z, highlighted that they had been working with the Compound team for two years and had a strong belief […] The post Compound Finance Closes $25 Million Series A Led By a16z appeared first on DeFi Rate.

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CleanSpark acquires Bitcoin miner GRIID for $155 million

CleanSpark announced on June 27 that it had acquired GRIID Infrastructure, a US-based Bitcoin miner for $155 million. The company expects the all-stock deal to close in Q3, 2024 subject to GRIID shareholder approval and other customary requirements.

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Sonic hits 100K wallets and 17m transactions after testnet launch

Sonic, Solana’s first gaming L2 infrastructure platform, has reached two major milestones just days after the platform’s testnet launch. On Thursday, Sonic revealed that its network had recorded more than 100,000 unique wallets and seen over 17 million transactions processed…

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As Bitcoin dips below key support level, this group makes major moves

Bitcoin remained in the $64,000 price range. Close to 2 million addresses bought BTC in this price range. Bitcoin [BTC] has recently fallen below a key support level that had held for severaThe post As Bitcoin dips below key support level, this group makes major moves appeared first on AMBCrypto.

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Kraken recovers $3 million from Certik following bounty fiasco

Kraken chief security officer Nick Percoco has confirmed that the crypto exchange has recovered the funds recently stolen from its account after a bug vulnerability. On June 20, Percoco posted on X that the exchange had managed to recover these…

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XRP Massive $5 Price Breakout Nears As SEC Slashes Ripple’s Proposed Penalty From $2 Billion To $103 Million

The SEC had demanded that Ripple pay roughly $2 billion in disgorgement, prejudgement interest, and civil penalties while the San Francisco-based fintech firm has argued for no more than a $10 million fine.

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British crypto exchange Lykke loses over $22m in hacker attack

U.K.-based crypto exchange Lykke said over $22 million worth of crypto had been stolen from its wallet in early June. British cryptocurrency exchange Lykke reported a loss exceeding $22 million following a cyberattack on its wallet. In a Jun. 10…

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NFT market surges 17% to $145.3m: Bitcoin leads with 50% jump in sales

Last week, we reported that Ethereum had the highest NFT sales volume, with total sales of $37.43 million. This week’s figures dropped by 0.31% and relegated the ETH blockchain to 2nd best in terms of NFT sales. Here's the latest.

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From Presale Triumph to AI-Driven Horizons: BlastUP Prepares for Market Entry After Raising Over $8 Million

Key Highlights: BlastUP, a new platform on the Blast blockchain, has concluded its BLP token presale. The team announced on X that they had secured a total of $8,095,148 from nearly 19,000 participants by distributing over 145 million tokens.

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Hackers recover $3 million Bitcoin from 2013 wallet through ingenious password crack

Hardware hacker Joe Grand and his team successfully recovered $3 million worth of Bitcoin from a software wallet that had been locked since 2013. The project, which Grand described as unlike anything he had worked on, involved reverse engineering a password generator to unlock the wallet.

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Tether investing up to $150M in crypto mining firm Bitdeer

On Friday, Tether announced that it had entered into a subscription agreement with Bitdeer to buy up to $150 million worth of shares in a private placement. The agreement includes 18,587,360 Class A ordinary shares and a warrant to purchase…

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South Korean police arrest 19 in crypto fraud bust

South Korean authorities have arrested 19 members of a fraudulent social media chat group that scammed 308 investors out of nearly $19 million.  Those arrested had operated an open chat room and scammed hundreds of investors out of $18.8 million…

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Gala Games Hacker Returns $23M in ETH; Founder Proposes 'Buy and Burn'

Gala investor DWF Labs also said that it had purchased 28 million GALA tokens "to alleviate market selling pressures."

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Notcoin's [NOT] 'rocky' launch - How a $1 billion start ended with a major sell-off

At press time, NOT had a market cap of just over $681 million  Meanwhile, buying pressure on TON hiked on the charts The wait is now over as the much-talked-about Telegram-based crypto NotcThe post Notcoin's [NOT] 'rocky' launch - How a $1 billion start ended with a major sell-off appeared first on AMBCrypto.

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PEPE Smart Money Investor Dumps Holding, but the Meme Coin Has More Upside Potential: Here’s Why

A PEPE investor has sold a portion of their PEPE holdings, with an unrealized profit of over $14 million. According to data from Lookonchain, the investor had been accumulating PEPE tokens almost daily from December 1, 2023, to February 12, 2024, spending a total of $1.

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Top Crypto Trader Raises Concerns About Worldcoin Tokenomics: Whale Dumps All WLD Holdings For $50,000 Loss

In a recent development, a whale investor has deposited their entire holdings of 624,479 Worldcoin (WLD) tokens, worth approximately $3. 33 million, into Binance to stop losses. According to data from Lookonchain, the whale had accumulated these tokens over the past month at an average price of $5.

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Bitcoin, Solana lead the way as crypto inflows rise after 5 weeks

Bitcoin contributed $144 million to the investment, while Solana had $5.9 million. Ethereum's struggles with regulatory uncertainty triggered outflows from its products. Bitcoin [BTC] investThe post Bitcoin, Solana lead the way as crypto inflows rise after 5 weeks appeared first on AMBCrypto.

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Bracebridge Capital Becomes Largest Bitcoin ETF Holder, Investing $380 Million In All-In Bet

Last week, the US spot Bitcoin ETF market experienced a notable shift in investor sentiment. Positive inflows were reported, breaking a streak of outflows that had persisted for almost a month. The week concluded with a significant $116 million positive inflows, indicative of growing interest in the newly approved index funds. Notably, a new player […]

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Crypto scammer returns $34.7 million in stolen assets after victim offers bounty

The crypto scammer who stole 1,155 Wrapped Bitcoin (WBTC), equivalent to $70. 5 million, has begun returning the funds, according to on-chain data. Blockchain security firm Peckshield reported that the attacker had returned 50% of the stolen funds— approximately 11,446.

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Grayscale Bitcoin ETF nullifies $66.9M inflows in 2 days

Grayscale’s Bitcoin ETF saw substantial investment outflows that surpassed the $66.9 million it had attracted just a few days earlier.

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Turkey’s investing app Midas raises $45m to double down on crypto

Turkish investing startup Midas has secured $45 million in a funding round led by Portage of Canada to launch crypto services. Midas, Turkey’s retail investing app, has said in a press release it had raised $45 million from a group…

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Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years

Bloomberg analysts have revised previous inflow predictions for Hong Kong’s newly approved Bitcoin and Ethereum exchange-traded funds (ETFs) to $1 billion within the first two years. Bloomberg senior ETF analyst Eric Balchunas had previously estimated the funds to garner roughly $500 million in inflows over a similar period due to doubts over Chinese investor eligibility […] The post Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years appeared first on CryptoSlate.

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Crypto.com’s venture arm scales back activity amid dubious market valuations

Crypto.com’s venture arm has scaled back its investment activity as the sustainability of surging valuations in the sector becomes less evident. Crypto.com Capital, a venture arm of the company of the same name which had $500 million available for investments…

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Dormant Bitcoin Miner Wallet Awakens, Here’s What It Did With The BTC After 14 Years

A Bitcoin miner wallet that had been dormant for nearly 14 years suddenly sprang to life, transferring 50 BTC, worth approximately $3. 28 million, to Coinbase, according to Lookonchain. The transaction represents a significant movement of funds from a wallet that had been inactive since the early days of Bitcoin.

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Ethereum and Polygon lead EVM user growth and trading activity in Q1, says Flipside

Ethereum and Polygon maintain their lead over newer Ethereum Virtual Machine (EVM) chains in drawing new users and increasing trading volumes, as revealed by Flipside’s “New EVM Users: Q1 Snapshot” report.

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Crypto VC firm Multicoin Capital reveales it co-led $225m funding in Wormhole

Investment firm Multicoin Capital revealed in a recent blog post that it had co-led a $225 million funding round in Wormhole last year. Crypto venture capital firm Multicoin Capital was one of the leading investors that backed Wormhole’s $225 million…

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Centrifuge brings tokenized treasuries to Celo

Centrifuge, a platform for on-chain finance that’s taking the lead in the tokenized real-world assets ecosystem, has announced the first RWA transaction on Celo. The platform revealed via a blog post on March 29 that the Celo ecosystem had allocated $1 million in US Treasuries on Centrifuge.

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BlockDAG presale hits $6.8 million, Maker retraces recent gains and Starknet makes a splash

BlockDAG has impressed analysts with a $6. 8 million presale The Maker token (MKR) has fallen off its recent $3. 3k high to test support levels at $2. 7k Starknet has had a promising first month of trading A growing number of crypto enthusiasts are making comparisons between the new BlockDAG coin and established tokens like Maker (MKR) […] The post BlockDAG presale hits $6.

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