Million

The $20 Million Crypto Breach: Government Wallets Compromised and Recovered in 24 Hours

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The Million Crypto Breach: Government Wallets Compromised and Recovered in 24 Hours

Quick Recovery and Security Concerns Arkham Intelligence reported a $20 million cryptocurrency transfer from U.S. government wallets to a money laundering service, leading to concerns about security protocols. Most funds were returned within 24 hours, raising questions about the security of government-held crypto assets. The funds were linked to high-profile criminal cases, including the Bitfinex … Read more

Yala Raises $8 Million in Seed Round for Bitcoin Liquidity and Stablecoin Protocol

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Yala Raises Million in Seed Round for Bitcoin Liquidity and Stablecoin Protocol

Yala, Bitcoin Liquidity Layer Featuring Stablecoin Protocol, Raises $8M in Seed Round Yala, a Bitcoin liquidity platform, recently raised $8 million in a seed round led by Polychain Capital and Ethereal Ventures. Other investors include Galaxy Vision Hill, Anagram, and more. The funding will be used to expand Yala’s engineering, growth, and security teams in … Read more

Global Crypto Market Rebounds with $321 Million Inflows: Bitcoin and Solana Lead Surge

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Global Crypto Market Rebounds with 1 Million Inflows: Bitcoin and Solana Lead Surge

Bitcoin And Solana Drive the Recovery The global digital asset investment market has rebounded, with $321 million in net inflows last week in crypto investment products. Bitcoin led the surge in inflows, with $284 million, while Solana also saw positive momentum. Ethereum, on the other hand, experienced outflows for the fifth consecutive week. The US … Read more

VanEck’s Bold Bitcoin Price Projection for 2050: $2.9 Million Per Bitcoin – SEO Optimized Title

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VanEck’s Bold Bitcoin Price Projection for 2050: .9 Million Per Bitcoin – SEO Optimized Title

VanEck, an asset manager and Bitcoin ETF issuer, predicts that by 2050, Bitcoin could become a key international medium of exchange and one of the world’s reserve currencies. They believe that Bitcoin’s scalability issues will be addressed with Layer-2 solutions, making it more efficient. By 2050, Bitcoin could settle 10% of international trade and 5% … Read more

Crypto Industry Faces $160 Million Loss from Scams in February 2024 | Certik Reports

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Crypto Industry Faces 0 Million Loss from Scams in February 2024 | Certik Reports

Exit Scams And Hacks Cost Crypto Sector $160 million In February In 2024, the crypto industry has already faced over $160 million in losses from hacks, scams, and exploits. Blockchain auditor CertiK reported that most of the losses in February came from exploiting vulnerabilities in crypto projects, with the largest exploit being $32.35 million on … Read more

BEAM Token Heist: Kirill Marinov Loses 180 Million Tokens in Phishing Attack

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BEAM Token Heist: Kirill Marinov Loses 180 Million Tokens in Phishing Attack

Phishing Attack Swipes $5.1M Worth of BEAM A crypto trader suffered a phishing attack that resulted in the theft of 180 million BEAM tokens, valued at $5.14 million. The scammer quickly exchanged the tokens for 1,629 ETH, causing a 7% drop in the price of BEAM. The victim’s identity has been identified as Kirill Marinov, … Read more

9 Bitcoin ETFs Amass 6,009 BTC Valued at $288 Million, Overshadowing Grayscale’s Sell-Off – Latest Update

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9 Bitcoin ETFs Amass 6,009 BTC Valued at 8 Million, Overshadowing Grayscale’s Sell-Off – Latest Update

Nine new ETFs launched in February 2024 have collected 6,009.49 bitcoins, worth about $288 million. At the same time, Grayscale’s Bitcoin Trust has sold approximately 2,252.2 bitcoins, totaling around $108 million. This shift indicates a growing interest in bitcoin ETFs and a potential decline in interest in Grayscale’s product. This article originally appeared on news.bitcoin.com … Read more

California School District Officials Admit Guilt in $1.8 Million Crypto-Mining Scandal

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California School District Officials Admit Guilt in .8 Million Crypto-Mining Scandal

Criminals Behind $2M School Theft Admit Guilt: Crypto Mining Scheme Uncovered Two California school district officials, Jeffrey Menge and Eric Drabert, have pleaded guilty to stealing up to $1.8 million and using school district property and electricity to operate a crypto-mining operation. They used a Nevada-based company as a front for the scheme and engaged … Read more

Cube.Exchange Raises $12 Million in Series A Fundraise with Backing from Leading Investors

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Cube.Exchange Raises Million in Series A Fundraise with Backing from Leading Investors

The Latest Tech News in Crypto and Blockchain Cube.Exchange, a digital asset trading platform, has raised $12 million in a Series A fundraise led by 6th Man Ventures. Other investors include Asymmetric, ParaFi Digital, Foundation Capital, Susquehanna Private Equity Investments, GSR Markets, and more. The funds will be used to expand various aspects of the … Read more

Peter Schiff Predicts Bitcoin Price Surge to $10 Million if US Dollar Collapses: Crypto Community Reacts

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Peter Schiff Predicts Bitcoin Price Surge to Million if US Dollar Collapses: Crypto Community Reacts

Renowned Economist Says Bitcoin Price Will Reach $10 Million On The Back Of This Catastrophic Event Peter Schiff, a chief economist and global strategist, has predicted that Bitcoin could reach $10 million if the US dollar experiences hyperinflation. This prediction is based on the historical example of the German Papiermark, which experienced significant depreciation due … Read more