Coinbase reports 22% revenue growth, net loss of $79M for Q1; notes lower volatility in Q2

Coinbase said May 4 that its net revenue increased by 22% quarter over quarter to $736 million and its operating expenses fell by 24% from the previous quarter. The reduction in operating expenses is related to the fact that the company laid off 950 employees in January. дальше »

322 +

CertiK freezes $160k from stolen Merlin DEX funds

Blockchain security firm CertiK said it successfully froze $160,000 from the $1. 8 million stolen by Merlin DEX rogue developers. In a May 4 Twitter thread, CertiK re-emphasized that Merlin was rugpulled by insiders. дальше »

282 +

Crypto scammers steal over $1M from 2 elderly people in Hong Kong

Two senior Hong Kong citizens lost $1. 3 million (HK$10 million) in separate scam cases involving cryptocurrencies and mainland Chinese stocks, SCMP reported on May 4. In one case, a 66-year-old businesswoman was scammed via WhatsApp. дальше »

344 +

Bitcoin Focused Non-Profit OpenSats Receives $10 Million From Jack Dorsey’s #Startsmall Initiative

The funding will aid OpenSats in its mission of supporting open-source development focused on Bitcoin, Nostr and related tech. дальше »

315 +

Bitget Exchange Launches Academy, Invests $10 Million in Blockchain4Youth CSR Project

Bitget, a global crypto derivatives and copy trading exchange, is launching Bitget Academy training project aimed at empowering young individuals with a $10 million investment through the Blockchain4Youth project. дальше »

452 +

Venom Network’s public testnet records 69 million transactions

Key takeaways The Venom Network’s first testnet was successfully launched. The team revealed that 223,446 wallets created were created, and 69,000,000 transactions were completed. The Venom testnet is designed with ecosystem users and developers in mind. дальше »

273 +

$22 million of Curve Finance stablecoin crvUSD minted since launch

DeFi protocol Curve Finance has launched its native algorithmic USD-pegged stablecoin on the Ethereum mainnet. Curve Finance is one of the largest DeFi protocols, with around $4.4 billion in TVThe post $22 million of Curve Finance stablecoin crvUSD minted since launch appeared first on AMBCrypto. дальше »

453 +

Curve Finance’s stablecoin grows 0.25% after $22m minted

Curve Finance’s newly launched algorithmic stablecoin, crvUSD, saw a 0. 25% price increase in the last 24 hours, with the DeFi protocol minting more than $22 million worth of the dollar-pegged token. дальше »

504 +

Crypto Swindlers Steal $1.1 Million in Hong Kong

Hong Kong citizens recently lost $1.3 million in phone-related scams despite intensifying crackdown. The post Crypto Swindlers Steal $1.1 Million in Hong Kong appeared first on BeInCrypto. дальше »

316 +

Coinbase to halt issuing new loans through Coinbase borrow

US-based crypto exchange Coinbase will no longer issue new loans through the Coinbase Borrow service.  Coinbase Borrow allows users in certain US states to take out fiat loans of up to $1 million without credit checks. Users could post up… дальше »

389 +

Ancient Dogecoin Address With 1.5 Million DOGE Reawakens: Details

Dogecoin dormant addresses with deposits untouched for nine years reactivated дальше »

325 +

Whale sends 1m solana to Binance as asset struggles to reclaim $25

A whale just sent over 1 million solana (SOL) tokens to Binance, triggering concerns of an impending dump among market watchers. This transaction comes when the asset is stuck in an extensive consolidation, as it seeks to reclaim the $25… дальше »

490 +

$1 Million Bitcoin Bet Winner to Fund Cat House

Balaji Srinivasan, former Coinbase CEO, lost $1 million in bet on US inflation, with winner, pseudonymous Twitter account @jdcmedlock, planning to use part of winnings to build cat house for neighborhood feral cats дальше »

365 +

Binance freezes XIRTAM funds after rug pull 

XIRTAM, an educational project, recently had a rug pull after raising 2,000 ETH, about $3.5 million. It was funded by CultDAO, which announced the project’s support seven days later, saying it raised $2 million for the token presale. Subsequently, the project… дальше »

342 +

BTC, ETH feel the bearish pinch amid ongoing net outlflows. Decoding...

Volume across the broader crypto market remained low, nearly 50% below the year average. A majority of outflows last week were from Bitcoin totaling $46 million. According to the latest repoThe post BTC, ETH feel the bearish pinch amid ongoing net outlflows. Decoding... appeared first on AMBCrypto. дальше »

434 +

FTX Bold Move: Sells SUI For $100 Million, Tokens Now Worth $1 Billion

According to the trader and analyst of the crypto market under the pseudonym “Googly,” the fallen crypto exchange FTX sold warrants for $884 million SUI tokens to Mysten Labs and preferred stock for less than $100 million in March. дальше »

335 +

Fedi Raises $17 Million In Fundraising Round Led By Ego Death Capital

The company, now having raised $21.21 million, aims to pre-launch the alpha version of its federated operating system later in May. дальше »

304 +

Optimism (OP) Price Takes a Hit as DeFi Hack Triggers Investor Sell-Off

Optimism (OP) whale investors are growing pessimistic following a recent $7 million hack. Here's how it could impact Optimism price The post Optimism (OP) Price Takes a Hit as DeFi Hack Triggers Investor Sell-Off appeared first on BeInCrypto. дальше »

421 +

Former Coinbase exec cancels $1m bitcoin bet, donates $1.5m to charity

Former Coinbase Chief Executive Officer (CTO) Balaji Srinivasan canceled his $1 million bet on bitcoin (BTC) on May 2 after it failed to reach $1 million within 90 days. Balaji gave $1.5 million to three organizations as part of the… дальше »

475 +

Ex-Coinbase CTO “Burns” $1 Million Worth Of Bitcoin To Settle A Bet, Throws More Light About The Fiat Crisis

357 +

Sui Mainnet Goes Live as Crypto Project Takes on Aptos and DeFi Giants

The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization. дальше »

305 +

Sui Mainnet Goes Live as Crypto Project Takes on Facebook-Offshoot Aptos and DeFi Giants

The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization. дальше »

356 +

Bitcoin to $1 Million Within 90 Days: Balaji Srinivasan Closes Losing BTC Bet

Srinivasan's bet attracted mixed reactions across crypto space дальше »

272 +

Bhutan partners with Bitdeer and seeks to raise $500m

The Singapore-based cloud mining company Bitdeer has partnered with Bhutan’s investment arm to raise $500 million. Per a Bloomberg report, the funds will be used to develop carbon-free crypto-mining infrastructure in the Himalayan country. The CEO of DHI, Ujjwal Deep… дальше »

352 +

Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text

Over $8 million in fees have been paid to the network by inscription creators since their inception. дальше »

274 +

BNB Chain had over 10M active addresses in April; Ethereum had 4.9M

BNB chain had 10. 9 million active addresses in April — the highest, despite an 11% drop from March, data from on-chain analytics platform Nansen shows. Solana (SOL) was a distant second with 5. 1 million active addresses last month — less than half the number of active addresses on the BNB chain. дальше »

453 +

TMS Network (TMSN) Soars With a Staggering Million Dollar Investment, Leaving Litecoin (LTC) And XRP (XRP) in The Dust

TMS Network (TMSN) is making waves in the world of cryptocurrency, as evidenced by its impressive $4 million raised in the second stage of its ongoing presale. In contrast, industry heavyweights Litecoin (LTC) and XRP (XRP) pale in comparison. дальше »

437 +

Solana's [SOL] DeFi activity inches towards pre-FTX levels thanks to...

After tumbling in December, the trajectory of SOL's trading volume in the last four months resembled the pre-FTX levels. At the time of writing, Solana held assets worth more than $572 million,The post Solana's [SOL] DeFi activity inches towards pre-FTX levels thanks to... appeared first on AMBCrypto. дальше »

409 +

Marathon mined $20M Bitcoin in April and increased hash rates, BTC holdings

Crypto mining firm Marathon Digital Holdings on May 2 reported growth in some areas during its monthly review for April. Marathon produced 702 BTC (currently worth $20 million). That amount, measured in Bitcoin, represents a 134% year-over-year increase but a decrease from March, when Marathon mined a record 825 BTC. дальше »

444 +

Balaji Closes Bitcoin Bet With $1.5M in Donations, Including $500K for Bitcoin Core Development

Amid the initial bank failures in the U.S., the tech entrepreneur in mid-March had bet $1 million that bitcoin would hit $1 million within 90 days. дальше »

437 +

Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis

Crypto entrepreneur Balaji Srinivasan discussed on May 2 the ongoing banking crisis and announced that he had committed funds to his $1 million Bitcoin bet. Balaji says US government is printing trillions In a video posted to Twitter, Srinivasan said: “I just burned a million to tell you they’re printing trillions … I wanted to […] The post Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis appeared first on CryptoSlate. дальше »

452 +

DigiToads (TOADS) presale demand increases as meme coin adoption skyrockets

DigiToads (TOADS) presale is 83% sold out at current stage with a total of over $2. 1 million raised. TOADS demand is at new levels as the crypto space witnesses new trajectory in the meme coin sector. дальше »

363 +

Justin Sun’s Crypto Exchange Poloniex Agrees to $7.6M OFAC Settlement

Justin Sun-owned Poloniex exchange has reached a $7.6 million settlement with the OFAC for alleged violation of sanctions. The post Justin Sun’s Crypto Exchange Poloniex Agrees to $7.6M OFAC Settlement appeared first on BeInCrypto. дальше »

329 +

Ethereum Staking Outpaces Withdrawals After Shapella

Ethereum's 24 hour inflows of $87 million highlights a trend toward more staking post-Shapella. The post Ethereum Staking Outpaces Withdrawals After Shapella appeared first on BeInCrypto. дальше »

336 +

700 Million XRP Locked Back by Ripple, 300 Million to Be Dumped on Market

Ripple has locked back lion's share of recently released billion XRP дальше »

384 +

DCG's CFO Steps Down as Crypto Conglomerate Repays $350M Loan

The crypto conglomerate also paid off a $350 million senior secured term loan, which was issued by a lender syndicate led by Eldridge. дальше »

222 +

PEPE Token Soars to $500M Market Cap as Meme Coin Fever Grips Crypto Traders

PEPE, the meme token that sprouted out of the Pepe the frog meme, has rocketed to a $500 million market cap following a 2,100% rise since it was issued last month. дальше »

285 +

Cardano Records Impressive Growth in April With Over 65 Million Transactions

Overall number of wallets also increased дальше »

268 +

Cosmos-based Nolus secures $2.5 million in pre-seed and seed funding to tackle inefficiencies in DeFi

To address inefficiencies in DeFi money markets, Nolus, an interoperable application on Cosmos, has obtained $2.5 million in pre-seed and seed funding. The recently completed $20 million valuation seed funding, which is supported, among others, by Dorahacks, Everstake, Cogitent Ventures, Token Metrics Ventures, and Autonomy Capital, will enable Nolus to finish building the platform’s technological […] дальше »

431 +

BSC-based DeFi protocol Level Finance suffers a $1m exploit

LevelFinance (LVL), a Binance Smart Chain (BSC)-based decentralized exchange, has been exploited for $1 million. The hacker targeted a LevelFinance Referral Controller Contract vulnerability to orchestrate the heist. дальше »

404 +

Lawyers, consultancy firms charge bankrupt FTX over $145M in 5 months

Consultancy firms and lawyers handling FTX’s bankruptcy have charged the failed exchange over $145 million for their five-month services, according to court filings. The companies involved in FTX’s bankruptcy case include law firms Sullivan & Cromwell, Landis Rath & Cobb, and Quinn Emanuel Urquhart & Sullivan. дальше »

462 +

Level Finance [LVL] confirms $1 million exploit due to bug

An attacker stole more than $1 million of Level Finance's native Level Finance [LVL] token. Euler Finance ($197 million stolen) and Sentiment ($1 million stolen) are two of the year's most notaThe post Level Finance [LVL] confirms $1 million exploit due to bug appeared first on AMBCrypto. дальше »

565 +

MicroStrategy records $461.2m net income in Q1 2023

MicroStrategy has released its Q1 2023 financial results and recorded a net income of $461.2 million. MicroStrategy, the self-proclaimed largest independent publicly-traded business intelligence company, has released its financial results from January to March 31, 2023.  The company recorded a… дальше »

344 +

SHIB Burn Plunges Drastically, While Price Fails to Recover Overnight

Less than 10 million Shiba Inu tokens have been removed since yesterday morning, while SHIB price stays down дальше »

286 +

US Treasury’s OFAC reaches $7.6m settlement with Poloniex

The Poloniex crypto exchange has agreed to pay $7.6 million to settle claims that it permitted users in sanctioned nations to trade digital assets on its platform. According to an announcement by the US Treasury’s Office of Foreign Assets Control… дальше »

332 +

MicroStrategy’s Bitcoin conviction ‘strong’ as it posts Q1 profit

A one-time income tax benefit helped the firm reach a profit of $94 million in the first quarter of 2023.

230 +

Crypto exchange Poloniex settles case with US OFAC for this violation

Poloniex agreed to pay over $7 million for violating sanctions law between January 2014 to November 2019 The exchange had processed transactions worth over $15 million from users located in sanThe post Crypto exchange Poloniex settles case with US OFAC for this violation appeared first on AMBCrypto. дальше »

419 +

Liquid staking solutions now have more TVL than DEXs: DefiLlama

From April 13 to May 1, TVL on decentralized exchanges declined by $1.66 billion while it increased on liquid staking protocols by $280 million. дальше »

289 +

Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge

Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter. дальше »

371 +

Digital Currency Group at Risk of $630 Million Default

The Digital Currency Group can exacerbate fiat crisis if it fails to raise liquidity before Genesis loan deadline. The post Digital Currency Group at Risk of $630 Million Default appeared first on BeInCrypto. дальше »

376 +