ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburse Claimants From 2017 ICO

A US court has ruled in favour of the US SEC after the regulator’s filing of a motion seeking summary judgment against Kik for violating the country securities laws. Kik, which raised $100 million from 2017 ICO, had filed its own motion of summary judgment but the court refused to grant this. дальше »

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Braintrust Raises $18M to Bring DeFi-Thinking to the Gig Economy

Braintrust, a tech talent marketplace that will essentially be owned by the IT freelancers and companies using it, has raised an $18 million strategic growth round. дальше »

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US Court Sides With SEC in $100M Kik ICO Case; Kik Considers Appeal

A US court has found Kik’s sale of its cryptocurrency, Kin, to violate the nation’s securities laws. Kik raised just short of $100 million during the initial coin offering (ICO) it held in 2017. дальше »

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Just 12% Inflation Left in Bitcoin’s Lifetime

Bitcoin is becoming rarer by the block, with 18.6 million BTC mined as of today out of 21 million. That means unlike the yearly higher than 2% cumulative inflation we... дальше »

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Australia Earmarks AUS$800 Million to Boost Tech Growth Including Blockchain

Coinspeaker Australia Earmarks AUS$800 Million to Boost Tech Growth Including BlockchainThe Australian government's investment in tech and blockchain is viewed as a way to provide jobs for the citizens in these troubled times. дальше »

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Dapper’s NBA Top Shot Launches Out of Beta With Samsung Galaxy Store Deal

After selling more than $2 million in digital basketball cards during its private beta, NBA Top Shot is launching to the public. дальше »

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Record $166M Ethereum Fees Last Month Were 6 Times Bigger Than Bitcoin’s

Ethereum continues to outpace Bitcoin in transaction fees, with DeFi mania helping push total fees to $166 million last month. дальше »

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New York Court Rules Kin’s $100 Million ICO an Unregistered Security

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Court rules Kik’s 2017 ICO violated U.S. securities laws

A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws. дальше »

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Australian government’s digital business plan includes $5M for blockchain

Australia’s Prime Minister has announced the Federal Government’s biggest investment in blockchain to-date, with two pilots set to receive almost $5 million. дальше »

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Institutional crypto platform Wootrade raises $10M in investment round

Institutional trading platform Wootrade has raised $10 million in a private fundraising round that will be used to expand its team and launch leveraged trading products. дальше »

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Judge Rules Kik’s Token Sale Violated US Securities Law

A federal judge has ruled Kik's 2017, $100 million token sale violated U.S. securities law, and wants to see a proposal for refunds. дальше »

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Crypto Business Banking Startup, Multis, Raises $2.2M Backed by Coinbase, DCG, And Y Combinator

Multis, a French-based business banking startup, has raised $2. 2 million in its seed fund round that attracted industry giants, including Coinbase Ventures, Digital Currency Group, Y Combinator, and White Star Capital. дальше »

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YFI Plunge Might be Over After Record Number of Addresses Unload All their Tokens

In the past three days, the DeFi darling YFI has lost more than 36% of its value, going from $34,400 to $21,950 today. At the time of writing, the 28th largest cryptocurrency with a market cap of $719 million, has been trading over $23,900, slightly in the red. дальше »

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SaTT Announces Listing on Coinsbit as SATT Token Gets Onboarded CoinGecko

Not resting on its laurels after a successful fundraising crowd sale that closed at USD 7.1 million, the smart advertising marketplace SaTT is pleased to announce its next listing, this time on CoinsbThe post SaTT Announces Listing on Coinsbit as SATT Token Gets Onboarded CoinGecko appeared first on AMBCrypto. дальше »

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Hack Update: Over $13 Million of The Stolen KuCoin Funds Sold on Four DEXs

According to Elliptic, which helps track bitcoin and crypto-related transactions, the stolen funds from the cryptocurrency exchange KuCoin are being moved to the decentralized exchanges (DEX). Just yesterday, another $6 million of the stolen tokens were sold. дальше »

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Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot

This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth. ” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoin’s network fees. дальше »

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Bitwise Bitcoin Fund Doubles AUM to $9 Million as Accredited Investors Look to Hedge for Inflation

Crypto asset management firm, Bitwise Bitcoin Fund, has doubled its Assets Under Management (AUM) within the past year, according to the latest filing with the U. S Securities Exchange Commission (SEC). дальше »

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So Now They’re Hacking DeFi Protocols Before They’ve Even Launched?

When the DeFi degens caught wind of a new pre-release Andre Cronje project they piled in, only to get $16 million hacked away in a flash. дальше »

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Over 2 Million Test Ethereum Staked On ETH 2.0 Medalla Testnet; Q4 2020 Launch In Sight?

Over the past four or so years, the Ethereum community has worked tirelessly in developing Ethereum 2. 0, an update aiming to switch the current proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) mechanism. дальше »

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KuCoin hack: Over a million XRP moved... to a defunct exchange?

Cryptocurrency exchange KuCoin’s hack has been the talking point of the week, with the culprits involved later making headlines after they tried to move the stolen crypto onto several decentralized The post KuCoin hack: Over a million XRP moved. дальше »

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Permission.io Has Quietly Raised $50M to Make Advertising Personal and Data Private

Permission.io has raised over $50 million to reward users for engaging with ads. Will advertisers buy in? дальше »

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KuCoin Maintains Wallet Freeze as Hackers Begin Laundering Stolen Crypto

The exchange's weekend thieves appear to be searching for buyers of their $281 million in stolen crypto. дальше »

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YFI Founder Andre Cronje ‘Still Building’ the DeFi Project that Got Hacked for $16 Million

Amidst the craze and shift toward non-fungible tokens (NFT), DeFi sweetheart yEarn’s founder Andre Cronje’s latest project saw rug pulled on $16 million. The project was Eminence Finance (EMN), an unreleased and unfinished gaming multiverse project whose smart contracts were deployed last night but without any announcement. дальше »

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Data shows over 100 million unique users now have Bitcoin and crypto accounts

A new report commissioned by the Cambridge Center of Alternative Finance, a research effort focused on cryptocurrencies, said over 101 unique million users opened new accounts at crypto service providers such as exchanges and wallets. дальше »

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Bitpanda completes $52 million Series A funding

The leading crypto broker in Europe is set to formalize the completion of a...

The post Bitpanda completes $52 million Series A funding appeared first on Coin Journal.

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DeFi Ecosystem Fees Decline Sharply as the Market Cools Off

DeFi tokens have not recovered completely yet. In the past 30 days, these coins have lost considerable value with bZrx Network leading the losses with -85. 50% because of losing $8 million in its third hack. дальше »

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Unaudited Crypto Gaming Platform, Eminence, Hacked for $15 Million

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Ethereum’s DeFi Prediction Market Protocol PlotX Raises 2.4M as it heads towards mainnet launch

PlotX is a non-custodial DeFi protocol that has been bestowed with the tag of “Uniswap of Prediction Markets” by the Ethereum community. With a seed round of $2. 4 million via venture capital funds like NGC Ventures, Brilliance Ventures, Origin Capital, and 3commas, PlotX is launching on the Ethereum main net with the first version of its automated market-making algo for predictions on crypto assets. дальше »

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European crypto exchange company Bitpanda closes $52M Series A

Bitpanda, a European-based crypto exchange company, today announced it has closed Europe’s largest Series A funding round of 2020 by securing $52 million in a round led by Valar Ventures. The large-scale investment will be used to drive Bitpanda’s expansion and position the Vienna-based company as a leader in transforming Europe’s financial industry. дальше »

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Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand

Ebang International Holdings Inc. , the Chinese maker of bitcoin mining hardware, reported a net loss of $6. 96 million during the first six months of this year, down from $19. 07 million a year ago, as demand fell due to the coronavirus pandemic. дальше »

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Eminence Finance Rug Pull, Speculators Lose $15M on EMN

High-risk DeFi speculators have lost $15 million in a rapid rise and fall of an unreleased NFT game called Eminence. […] The post Eminence Finance Rug Pull, Speculators Lose $15M on EMN appeared first on DeFi Rate. дальше »

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Multy Million $ Ruby backed Real Estate Project from US

Today we got an opportunity to interview Mr. Pedro Gonzalez, A Real Estate developer and Blockchain entrepreneur.He is one of the Managing Directors of Ruby... дальше »

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Hacker steals $15m after degens pile into unreleased Yearn Finance project

Eminence, an unreleased project being built by Yearn’s Andre Cronje has been drained of $15 million.

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$15 Million exploited from Eminence, a DeFi project

With defi frenzy coming to palpable levels, all seemed well until a new project by Andre Cronje went awry. This has resulted in a loss of $15 million in funds, out of which $8 million was sent to CronThe post $15 Million exploited from Eminence, a DeFi project appeared first on AMBCrypto. дальше »

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Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for Centralization

The cryptocurrency community has been discussing the Kucoin hack as a great number of ERC20 projects have frozen, paused, or reversed their smart contracts after the hack. Estimates say that at least $129 million ERC20 tokens affected are considered “safe” from the hacker’s clutches. дальше »

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The KuCoin Hacker is About to Sell Stolen Chainlink; Why Analysts Aren’t Concerned

KuCoin, a somewhat popular cryptocurrency exchange headquartered in Singapore, experienced a major security breach last week that led to the loss of over $150 million worth of crypto tokens, including Bitcoin, Chainlink, Ethereum, and a plethora of altcoins. дальше »

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Bitwise Bitcoin Fund Jumps to $9 Million as Investors Worry Over Inflation

Coinspeaker Bitwise Bitcoin Fund Jumps to $9 Million as Investors Worry Over InflationThe Bitwise Bitcoin Fund grew from $4 million to nearly $9 million over the past year. The increase is boosted by the investors' fear of inflation. дальше »

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Elon Musk Says Tesla Will Produce 20 Million Electric Vehicles a Year Before 2030

Coinspeaker Elon Musk Says Tesla Will Produce 20 Million Electric Vehicles a Year Before 2030According to Elon Musk, within the next seven years, he expects Tesla to produce over 20 million new vehicles per year. дальше »

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Filecoin Confirms Long-Awaited Mainnet Launch for Next Month

Three years after its $257 million ICO, decentralized data storage provider Filecoin has said mainnet will go live in mid-October. дальше »

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Decentralized much? Crypto projects take drastic steps after $200 million hack

The bad actors behind the estimated $150-$200 million hack of crypto exchange KuCoin managed to proven two aspects of the young market in their wake: 1. The post Decentralized much? Crypto projects take drastic steps after $200 million hack appeared first on CryptoSlate. дальше »

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KuCoin Hack Update: 11 Crypto Projects Freeze the Stolen Tokens

Over the weekend, KuCoin lost about $275 million in BTC, XRP, BSV, XLM, TRX, stablecoins, ETH, and other ERC-20 tokens in a security breach. As we reported, the cryptocurrency exchange took full responsibility for the hack, obviously, and promised to cover all the losses through its Insurance Fund. дальше »

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Grayscale Investments Increases Bitcoin Stash by 17,000 BTC

Coinspeaker Grayscale Investments Increases Bitcoin Stash by 17,000 BTC17,000 BTC is equivalent to $182 million based on the current price of Bitcoin, which is now still below $11,000. дальше »

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Ripple CEO Brad Garlinghouse Hints More Investments And Acquisitions Coming Soon

To say that Ripple acquiring a stake in MoneyGram last year excited the XRP army is an understatement. The company now owns 10% of MoneyGram’s common stock after investing a staggering $50 million. MoneyGram, in return, leverages Ripple’s XRP-based payments technology for its international transactions. дальше »

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Trump, tax and hacks: 5 things shaping Bitcoin price action this week

Bitcoin tests $11,000 on Donald Trump’s tax revelations but KuCoin’s $150 million may yet put a dampener on bulls.

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Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days

During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4. дальше »

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Why traders are not worried that the KuCoin hack will drop Ethereum price

After the $150 million KuCoin hack, traders appear unworried that open market sales by the hacker will drop Ethereum price.

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Only 2.5 million Bitcoin left to mine

But with Bitcoin demand on the rise, can we expect more scarcity?

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Ledger Calls Out KuCoin After Hack as Wallet Users Cry Foul

Following the KuCoin hack, hardware wallet manufacturer Ledger went on to advocate for safer storage on its own wallets. KuCoin, a major Asian crypto exchange platform, has been the victim of a hack in which $150 million in crypto was stolen, as BeInCrypto reported. дальше »

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Bitfinex CTO Defends the Freezing of Millions of USDT in Wake of KuCoin Hack

Following the KuCoin hack, Tether has frozen 20 million USDT sitting on an Ethereum address and Bitfinex froze 13 million USDT on EOS, according to Bitfinex CTO Paolo Ardoino. Another 1 million USDT was frozen on Omni and 1 million USDT on Tron. дальше »

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