Alameda Research reportedly loaned $3.3 billion to SBF

A continuous controversy has gone darker with time. More information has been revealed through FTX’s bankruptcy filing that Alameda Research loaned $3. 3 billion to Sam Bankman-Fried, the FTX founder.

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Translucia Partners With Sunavotech to Build a Billion-Dollar Metaverse Project

Metaverse development and expansion have continued to take center stage, with enterprises agreeing to explore the virtual world through partnership. The duo of Translucia (Thailand) and Sunovatech (India), alongside collaborations with other global brands, are building $3 billion worth of…

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Over $4B laundered through DEXs, coin swaps and cross-chain bridges, Elliptic reports

Blockchain security company Elliptic revealed that around $4 billion had been laundered through decentralized exchanges, cross-chain bridges, and coin swaps since 2020. The post Over $4B laundered through DEXs, coin swaps and cross-chain bridges, Elliptic reports appeared first on CryptoSlate.

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Bitcoin Miner Rhodium Going Public Through Reverse Merger With SilverSun Technologies

Rhodium postponed a $1.7 billion IPO back in January.

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S. Korean Watchdog Says $7.2B Transfered Overseas Mainly Through Crypto Exchanges: Report

South Korea's financial watchdog found that since June there have been $7.2 billion abnormal foreign exchange transactions, most of which were transferred through cryptocurrency exchanges, Bloomberg reported on Thursday.

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South Korean authorities arrest 16 individuals connected to $2B crypto forex transactions: Report

More than $283 million of the $2 billion in crypto transactions were reportedly facilitated through illegal remittance agencies.

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Alameda-owned RenVM confirms it’s ‘impossible to launder any assets’ through Ren Bridge, debunking claims of $540M in money laundered

Elliptic Connect, a blockchain data analytics firm, released a report Wednesday — widely covered in both the crypto and  news media — entitled “Cross-chain Crime: More Than Half a Billion Dollars has Been Laundered Through a Cross-chain Bridge.

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Brevan Howard Subsidiary Raises $1B For Crypto Investments Amid Bear Market

A recent report noted that BH Digital, a Brevan Howard Asset Management subsidiary, is taking a progressive growth measure in the crypto sector. It has successfully generated over $1 billion through institutional investments.

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FTX willing to use $2B in cash to bail out crypto industry, stop contagion

FTX has “enough cash on hand to do a $2 billion deal if necessary” to help support the crypto industry through difficult times, CEO Sam Bankman-Fried told Reuters. The post FTX willing to use $2B in cash to bail out crypto industry, stop contagion appeared first on CryptoSlate.

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$4B Crypto Scammer Added to FBI’s Most Wanted List

Ruja Ignatova has been added to the FBIs Ten Most Wanted List for allegedly scamming investors out of $4 billion through OneCoin. Wanted for $4 Billion Scam The hunt for...

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Matrixport Launches Institutional NFT Custody Services

Singapore-based digital asset manager Matrixport announced in a Sunday press release that it would now be providing institutional custody services for NFTs through its Cactus Custody service. The digital asset manager with over $10 billion in assets under management says that with this service, institutions would be able to store and manage their digital collectibles […]

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Blockchain Payments Company Roxe on Brink of Going Public in $3.6 Billion SPAC Deal

Roxe Holdings, a blockchain payments firm is about to become a public company but will not go through the route of getting an initial public offering (IPO). Instead, it will be getting help from a Special Purpose Acquisition Company (SPAC) to complete the process.

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Do Kwon denies fresh allegations of withdrawing $2.7B from Terra ecosystem via Degenbox

Do Kwon was recently accused of withdrawing $80 million a month from the Terra ecosystem leading up to the crash — fresh allegations claim this happened more than 33 times, and a staggering $2. 7 billion was taken out of the system through Degenbox by Abracadabra Money.

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Ethereum Market Cap Cut By Over $100 Billion Last Month

The worsening condition of the crypto market has seeped through Ethereum. The market cap of Ethereum was purged by more than $100 billion last month. Ethereum was trading at $1,809. 49, down -6. 9% Wednesday, chart by Coingecko shows.

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Binance CEO Reveals $1.6 Billion Loss in Terra Investments

Original Terra ecosystem's implosion sent shockwaves through crypto world

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Consumers Lost Over $1B to Crypto Fraud Since January 2021, FTC Says

Consumers reported they have lost over $1 billion in crypto-linked fraud from January 2021 through March of this year, according to analysis from the Federal Trade Commission (FTC).

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Is FTX A Safe Way To Trade Cryptocurrencies?

FTX is among the most popular crypto exchanges in the world. With over 10 billion USD traded each day through the platform, many crypto-natives wonder if the platform is worth using. The main concern of crypto traders around the world when choosing an exchange is its safety.

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Is it Worth buying Luna under five dollar

The crypto market has been through many steep drawdowns in previous cycles, but what’s happening now with the Luna ecosystem is something we have never seen before. What used to be a top ten cryptocurrency with over $40 billion market cap has now fallen to a 590 million market cap, with the token (LUNA) price […] The post Is it Worth buying Luna under five dollar appeared first on ItsBlockchain.

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How Terra Is Using Its Bitcoin Reserves To Keep UST Stable

Terra, through the Luna Guard Foundation (LFG), has been purchasing bitcoin to use as reserves for its UST stablecoin. This has gone well according to plan and out of the $10 billion worth of bitcoin founder Do Kwon said that the foundation would be buying for its reserves, more than $2.9 billion in BTC has […]

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Luna Foundation’s BTC Stash Nears Tesla’s — But Is Terra’s Buying Enough For BTC To Go Higher?

The current aggressive accumulation of Bitcoin by Terra has no doubt been a positive catalyst for the cryptocurrency’s price. So far, through The Luna Foundation Guard (LFG), over $1.7 billion of Bitcoin has been purchased to backstop Terra’s algorithmic UST stablecoin.

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Content creators introducing a new paradigm with NFTs

Artists and content creators are expanding the creator economy past the $100 billion mark by taking control of their brands through NFTs.

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USDC on Avalanche Achieves $1 Billion Milestone: Details

USD Coin by Circle Inc. smashed through an important milestone outside Ethereum (ETH)

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$12 Billion: Terra's Anchor Protocol Smashes Through Another Milestone

Terraform Labs' Do Kwon is fascinated by new accomplishment of a flagship protocol of his ecosystem

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Crypto investor Katie Haun raises $1.5 billion for Web3 venture fund

The largest-ever venture fund for a solo female partner will invest in Web3 projects through two funds, a $500 million early-stage fund, and a $1 billion acceleration fund.

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ApeCoin and the story behind becoming 'most traded' among Ethereum whales

Last week, Yuga Labs announced ApeCoin, a token used for future gaming and entertainment applications. Upon its launch, 1 billion ApeCoins were released through an airdrop. Within a day, it had a tradThe post ApeCoin and the story behind becoming 'most traded' among Ethereum whales appeared first on AMBCrypto.

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$1.8 Billion Worth of Crypto Leaves Market as Bitcoin Breaks Through Resistance

Cryptocurrency market faces massive outflows as traders lose trust in exchanges

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How to Earn Rewards in the Metaverse and Play-To-Earn Games Through Guzzler

The cryptocurrency space has grown immensely throughout 2021. At the beginning of the year, NFTs were just a mere notion. However, as the year progressed, they picked up the pace. The OpenSea marketplace for NFTs saw vast volumes of over $3 billion as NFTs such as CryptoPunks and the Bored Ape Yacht Club sold for millions of dollars apiece.

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Bitfinex Alternatives – Best Exchanges Like Bitfinex [2022 Edition]

2018 is the year of the cryptocurrency. The market cap of cryptocurrencies, the world’s fastest growing asset class, shot through the roof in 2017 and has surpassed $677 billion. Cryptos received the attention of the global central banks so it is not wrong to say that pandora’s box has opened.

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Cardano Long-Term HODLers’ Balance Hits Multi-Year High Of 10 Billion As ADA Price Soars 15%

Despite an unusual constellation of global risks rippling through markets, Cardano continues to exude strength, with some of its latest advances building a...

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This DAO Seeks To Raise $4 Billion To Purchase The Denver Broncos FC

A recent report by media house ESPN that Denver Broncos is up for sale has gotten a group of crypto enthusiasts planning to purchase it through a Decentralized Anonymous Organization (DAO). According to CNBC, a group of like-minded crypto junkies including lawyers, accountants, software engineers, and at least one mathematician teamed up after ESPN reported […]

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USD Coin (USDC) Circulating Supply Eclipses $50 Billion

Second largest stablecoin just smashed through another jaw-dropping milestone

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FTX exchange hits a $32B valuation following a new funding round

Bahamas-based crypto exchange FTX has hit a valuation of $32. 00 billion (£23. 80 billion) after completing its Series C funding round. The company unveiled this news through a press release earlier today, noting that it secured $400.

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Yield higher profits through the reliable Play2Earn platform BNBMaker

The global gaming market is set to reach $257 billion (Source: Report Linker) by 2025. This revenue does not just come from playing games, but most of it is contributed to in-game purchases. For exampThe post Yield higher profits through the reliable Play2Earn platform BNBMaker appeared first on AMBCrypto.

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Investors suffer as 750 billion DOGE whale transactions sends prices plummeting

The only expectation people had with Dogecoin was to maintain stable support. But after oscillating around the $0.16 zone for the entirety of December Dogecoin finally slipped through it as the new yeThe post Investors suffer as 750 billion DOGE whale transactions sends prices plummeting appeared first on AMBCrypto.

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Scammers pinched a record $14B from the crypto market in 2021

Crypto scammers made away with $14.00 billion (£10.34 billion) in the past year, setting a new record for the highest amount pinched from the industry. Blockchain analytics company Chainalysis disclosed this news through its annual Crypto Crime report, noting that the crypto space recorded a 79% rise in the amount of money lost to scams […] The post Scammers pinched a record $14B from the crypto market in 2021 appeared first on Invezz.

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$1.2 Billion Worth of Bitcoin Moved as It Breaks Through 2-Week-Old Falling Wedge Pattern

Bitcoin transactional activity spikes as it breaks through popular technical pattern

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Become a part of the energy efficient markets with EFFORCE

The energy efficiency market has reached a value of $241 billion in the past 10 years. The term ‘energy efficiency’ refers to the ability of a physical system to obtain a given result through loweThe post Become a part of the energy efficient markets with EFFORCE appeared first on AMBCrypto.

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Avalanche Nears $14 Billion In TVL As AVAX Ecosystem Sees Tremendous Growth

Things are looking good for AVAX as the Avalanche ecosystem navigates through a sharp increase in hosted dApps. As a result, the Total Value Locked (TVL) in the ecosystem has grown exponentially to hit just under $14 billion.

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xHashtag Plans to Bring a Billion Users to the Blockchain World

xHashtag is DAO for the #FutureOfWork that helps #Communities grow by engaging in #Play2Earn. It functions as a platform that connects individuals with Web3 projects, providing individuals with an earning opportunity for completing on-chain and off-chain microtasks and helping these projects to accelerate growth through cryptocurrency rewards.

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El Salvador To Issue 'Bitcoin Bond' On The Liquid Bitcoin Sidechain

The first country to adopt bitcoin as legal tender aims to raise $1 billion through bond issuance to purchase BTC and invest in infrastructure.

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Crypto miner PrimeBlock reportedly plans to go public through 10X Capital merger

The merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from 10X Capital Venture.

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Is LUNA worth buying after Terra votes to burn $4.5 billion in tokens?

Terra LUNA/USD is a blockchain network that was built through the usage of the Cosmos SDK. It specializes in the creation of stablecoins, and each Terra stablecoin is convertible into the network’s native token known as LUNA.

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BlockFi Files For Spot Bitcoin ETF Through A Joint Venture With Neuberger Berman

The lending platform has partnered with the $400 billion investment manager to launch a direct BTC exposure offering in the U.S.

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$2 Billion Stock Bitcoin Bought Last Month

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Starbucks Card Is Now Reloadable with Cryptocurrencies, Coffee Giant Exploring Tokenizing Through Blockchain

The Seattle-based coffee giant Starbucks (SBUX) reported its fourth-quarter revenue of $8. 15 billion. During its earnings call, President and Chief Executive Officer Kevin Johnson said they are deepening its digital relationship and expanding the reach through payment partnerships with PayPal and Bakkt.

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Adobe Set To Unveil NFT Verification Feature

Non-fungible tokens have been a huge hit, especially on NFT Marketplaces like OpenSea which now trades over $2 billion per month in NFT volume. But the huge popularity of NFTs was quickly hit by massive thefts on these marketplaces, and Adobe Photoshop hopes to counter the misnomer through a new feature it will launch next […]

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FTX Exchange Now Valued at $25 Billion Following Successful $420 Million Fundraiser

FTX cryptocurrency exchange has announced that it has successfully secured $420 million in funding through its series B-1 round from 69 investors, increasing the firm’s valuation to $25 billion, according to a press release on October 21, 2021.

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Binance’s Trading Volume Hits $100 Billion in Just One Day

Binance continues to see unprecedent trading activity while attempting to sail through regulatory hurdles

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Investment Giant Nomura with $569B in AUM Invests in Crypto Exchange to Offer Custody Services in Japan

Investment bank Nomura has invested in Japanese blockchain company Crypto Garage, a subsidiary of Digital Garage, through a third-party collection of shares, according to a press release. Headquartered in Tokyo, Nomura is one of the largest investment managers in Japan, with US$ 569 billion in assets under management.

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