Bitcoin Lending Platform BlockFi Raises $350 Million

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BlockFi Valued at $3 Billion After Raising $350 Million

The Future of Finance BlockFi, a New Jersey-based cryptocurrency lending platform, is worth over $3 billion after its latest funding round raise. The Series D funding, which totaled $350 million, came from many venture capitalists, including Bain Capital, Pomp Investments, and Tiger Global.

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BlockFi привлек $350 млн инвестиций при оценке в $3 млрд

Криптолендинговая платформа BlockFi закрыла раунд финансирования Серии D на $350 млн. We are excited to announce the completion of our $350 million Series D, valuing the company at $3 billion.

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Grayscale Buys $350 Million Bitcoin

Grayscale has bought $350 million worth of bitcoin during this dip according to their latest filing with the Securities and Exchanges Commission (SEC). “The Trust issued 7,789,400 Shares… for an...

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Cryptocurrency Ransomware Attacks Surged Over 300% in 2020: Chainalysis’ Crime Report

Revenue from crypto-related crime was reduced by 53% last year. Illicit funds, scams, and proceeds of crime through crypto also dropped. However, The value of ransomware attacks tripled, generating over $350 million.

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Popstar Akon: Crypto solves Africa’s 350 million unbanked people

Crypto adoption has boomed in Africa in the past few years, attracting eyeballs and investments, and even celebrities joining in on the cause. The post Popstar Akon: Crypto solves Africa’s 350 million unbanked people appeared first on CryptoSlate.

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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.

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Fintech Investment Firm, Ribbit Capital, Seeks $350M In ‘Blank Check’ Public Offering

Former Trump administration advisor, Sigal Mandelker, teams up with top profile investors in a $350 million public offering in Ribbit Capital, a SPAC firm that invests in fintech firms, including blockchain technology projects.

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Bitcoin News Roundup for Aug. 26, 2020

With bitcoin’s silver lining and Ribbit’s $350 million “Blank Check,” CoinDesk's Markets Daily is back for your latest crypto news roundup!

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Newly Launched DeFi Token Serum Surged 1500% within 12 Hours

Coinspeaker Newly Launched DeFi Token Serum Surged 1500% within 12 HoursSince the launch, SRM's trading volume has exceeded $350 million in the first twelve hours. The Serum token is native to the Serum DEX.

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Bakkt Bitcoin Physical Delivery at its Lowest in 2020 in Contrast to Trading Volume & OI

Bitcoin is immensely bullish with price making big splashes and the number of active bitcoin addresses (7-day average) surpassing 1 million, the largest addresses recorded since January 2018. These active addresses jumped while the price of bitcoin is making its way back to $11,400 after it plunged to about $10,350 over the weekend within half […]

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Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall

Ethermine will now proceed to distribute its $2. 6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH), or $86,000.

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Someone spent $5.2 million in gas fees to send just two payments on Ethereum – What went on behind the scenes?

Between yesterday and today, a total of $5. 2 million was paid from the same Ethereum wallet as transaction fees. The first $2. 6 million paid yesterday as the fee was for a value of $133 (0. 55 ETH) while the second was for around $87,000 (350 ETH).

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Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction

History repeated itself on Thursday, after the Ethereum blockchain processed another transfer with fees of $2. 6 million – the second such unusual, record-fee transaction in 24 hours. A user sent 350 ether (ETH), worth about $86,400 and paid 10,668 ETH, or $2.

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Anonymous user twice pays multimillion fee for transactions in Ethereum

The Ethereum account holder paid $2.6 million to transfer $134 in ETH. A day later, he again paid such a commission for a transaction of 350 ETH. Most likely, this mistake was made by a bot, not a human.

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Mysterious Bitcoin Whale Who Kickstarted Previous Crashes Appears Again

Blockchain data has revealed that a mysterious Bitcoin whale that’s transacted over $350 million worth of BTC has just received a large sum of supply. Data also shows that each time this wallet has received a large sum of Bitcoin, a massive selloff follows.

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Ethereum addresses hit 40M, up 350% since its all-time high price

Ethereum now holds more daily active addresses than Bitcoin, according to Weiss Crypto Ratings The number of Ethereum wallets holding Ether has spiked over the past two years to hit 40 million, according to crypto data provider Glassnode.

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Crypto.com Obtains $360 Million Insurance Coverage for Offline Bitcoin Vaults

Coinspeaker Crypto. com Obtains $360 Million Insurance Coverage for Offline Bitcoin VaultsTop cryptocurrency payments firm Crypto. com gets about $350 million in insurance coverage. It may improve confidence in the crypto space and become a step toward cryptocurrency adoption.

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Fortnite Has More Registered Gamers Than the Entire U.S. Population

Developer Epic Games has revealed that its flagship battle royale shooter Fortnite now has 350 million registered players. The post Fortnite Has More Registered Gamers Than the Entire U.S. Population appeared first on CCN.com

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CME Futures Participants Aiding Bitcoin (BTC) Price Action

Institutional speculators and high net worth individuals on CME have been active in the Bitcoin futures market since the start of the year. Nearing $350 million of open interest and $1 billion of volume, CME has become an important aspect of the Bitcoin market, February 20, 2020.

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Two Asian Crypto Exchange Giants Partner to Expand Global Reach

South Korean crypto exchange Bithumb has announced a strategic partnership with Singapore-based exchange, Bitmax. io. This move will create new opportunities to reach global traders and investors.

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Bitcoin Price Back at $8,700 As Institutional Investors Appetite for BTC Grows Exponentially

Today, Bitcoin yet again took a jump to climb to $8,700 level. This surge in price also saw the volume rising, from around $350 million, but it is still down at $522 million, as per Messari. Altcoins climbed in tandem, with Ethereum Classic (19.

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Once Bitcoin Halves, COO of Bitcoin IRA Aims to Reach $1 Billion in Investments

Bitcoin IRA established itself as the first company that makes it possible for consumers to pad their retirement accounts with Bitcoin. Considering the activity in the market today, a recent interview reveals that the COO hopes to have over $1 billion in investments after the halvening.

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Storeum Pumps $300 Million Market Cap With Just $40K Volume

Storeum, a relatively unknown cryptocurrency, has surged more than 350% in the last 24 hours, pushing its market cap above $300 million. However, the pump happened with a volume of just $40,000. Storeum is a blockchain project on Ethereum that claims to be the world’s first decentralized, peer-to-peer marketplace.

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Bitcoin-Based IRA Investments to Break $1 Billion Soon

The pension crisis is deepening across the world. As a result, Bitcoin-based retirement products are now taking center stage. Most notably, the Bitcoin IRA, which is already processing over $350 million and is projected to reach investments for over $1 billion shortly.

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Bitcoin Price Drops 5% to $8,360, Altcoins Turn Even Deeper Red

Today, the leading cryptocurrency dropped almost 5% as it went from $8,800 to as low as $8,363 on Bitstamp. At the time of writing, BTC has been trading at $8,747, as per Coincodex while managing the daily trading volume of $335.

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Crypto DEX protocol Loopring grants WeDEX 10 million LRC

Loopring, an open protocol for building scalable, non-custodial orderbook exchanges, announced that it has granted 10 million LRC (around $350,000) from its Loopring Ecosystem Advancement Fund (LEAF) to WeDEX, a decentralized exchange founded by Loopring’s co-founder and former COO, Johnston Chen.

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Crypto DEX exchange protocol Loopring grants WeDEX 10 million LRC

Loopring, an open protocol for building scalable, non-custodial orderbook exchanges, announced that it has granted 10 million LRC (around $350,000) from its Loopring Ecosystem Advancement Fund (LEAF) to WeDEX, a decentralized exchange founded by Loopring’s co-founder and former COO, Johnston Chen.

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Opera Browser Will Integrate TRON Into its Cryptocurrency Wallet

Getting as many people to experience cryptocurrencies remains one of the key hurdles to overcome. This can only be achieved through collaboration and an open-minded business approach. The Opera Browser developers have decided to integrate support for TRON.

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Opera Browser Officially Integrates TRON (TRX) Wallet 

Opera Browser, a leading web browser with a massive 350 million users across the globe, has fully integrated TRON (TRX) into its browser. TRON (TRX) users will now be able to easily send and receive TRX or access their favorite decentralized applications (dApps) right from the built-in dApps store, according to a press release onRead MoreRead More.

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TRON Joins Bitcoin And Ethereum On Opera Browser

Marking a significant milestone for TRON (TRX), the popular web browser, Opera, is extending its wallet and DApp support to the TRON network. With its integration in the Opera browser, TRON joins the same ranks previously held just by crypto behemoths, Bitcoin and Ethereum.

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This Former US Bitcoin Investigator is Now a Major Crypto Investor

No matter how much Steven Mnuchin or top regulators criticize Bitcoin, crypto is not associated with criminals and amateur speculators anymore. Katie Haun, general partner at venture capital firm Andreessen Horowitz is another good example to prove this stance.

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$350 Million Bithumb Acquisition Deal Not Happening

The acquisition of South Korean bitcoin exchange Bithumb by BK Consortium has been scrapped. Bithumb Sale Hits Rocks Over Missed Payment Deadlines South Korean media outlet Hanguk Kyungjae says the proposed acquisition of Bithumb by BK Consortium may no longer go through.

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Another chunk of the Bitcoin stolen from Bitfinex has mysteriously moved

Another chunk of the 119,756 BitcoinBTC (351,015 USD) of stolen funds transferred from Bitfinex Hack 2016 to unknown wallet Tx: https://t. co/ipfik2Tpd2 — Whale Alert (@whale_alert) August 12, 2019 In 2016, hackers succeeded in stealing 119,756 BTC from seminal cryptocurrency exchange Bitfinex.

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ICO Issuer PlexCorps Reaches Settlement With US Securities Regulator

Following the ruling, PlexCorps must disgorge $4.56 million in addition to some $350,000 in interest.

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Can Plunking Down $70 Million on This Aging Comedian Save Netflix?

Netflix shocked investors earlier this week when it reported a 126,000 decrease in domestic subscriptions, disappointing analysts who expected an increase of 350,000. While Netflix offered all sorts of lame excuses for the decline, it’s impossible to deny that its recent price increases and increasing competition are having an impact on its business.

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Bitfinex Refutes Any And All Involvement In $1.37 Million Transfer Of Stolen Bitcoin (BTC)

Bitfinex Denies Any Involvement In $1. 37 Million Stolen BTC Transfer Bitfinex had 774,048 BTC stolen from its management back in 2016. At the time of the theft, the tokens were worth $350 million USD only, but now they are worth roughly $5.

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Binance Reveals Hack Information as Security Becomes a Public Concern

This article was originally published by 8btc and written by Vincent He. Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $6,000. As the whole cryptocurrency industry was enjoying the rise, an unexpected hack put a stop to the rise of bitcoin.

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Almost $350 million in BTC and ETH withdrawn from Bitfinex's cold wallets

The general attorney office of the State of New York accused Bitfinex of concealing the fact of losing $850 million of company's and customers' funds. After this information was published, approximately $350 million in bitcoins and Ethereum was withdrawn from Bitfinex's cold wallets.

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European Parliament Approves EU-Wide Biometrics Database of 350 Million Individuals

It is not uncommon for political proposals to draw a lot of heat from consumers and corporations. In Europe, a current proposal is on the table to create a massive biometrics database. The European Parliament has seemingly approved the idea, although the project has yet to be put in place.

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European Union Votes to Create a Huge Biometrics Database

The EU’s parliament voted to create a big biometric database known as the Common Identity Repository (CIR). The database will bring together the records of over 350 million people and help simplify the jobs of EU border and law enforcement officers.

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FinCEN Issues First-Ever Civil Penalty Against Bitcoin Exchange

The Financial Crimes Enforcement Network (FinCEN), a bureau within the U. S. Department of the Treasury, has imposed its first-ever penalty on a peer-to-peer crypto exchange for violating AML regulations, among other violations.

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Vitalik Buterin Cashed Out Large Sums of ETH During 2017 Crypto Frenzy

Ethereum mastermind Vitalik Buterin, who holds 350,000 ETH in his main wallet address, allegedly cashed out $40 million worth of ETH between June 2017 and February 2018. The findings came to light by Alex Sunnarborg, a founding partner of the crypto hedge fund Tetra Capital, who dug into Vitalik’s historical account data.

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PR: CoinAll Lists Fetch.AI and Offers a 350,000 FET Giveaway

On March 2019, CoinAll, the famous cryptocurrency exchange, announced the listing of Fetch. AI and will hold a 7-day celebration to give away 350,000 FET tokens. Fetch. AI has gathered a lot of attention of crypto world since their $6 million token sale in 22 seconds on Binance Launchpad.

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A Record-Breaking Win at BitStarz – Player Wins $1.35 Million!

There has been yet another record-breaking win at BitStarz Casino as a player wins $1. 35 million! Over the past few weeks, there has been a constant stream of big winners coming from Bitstarz. At the beginning of February, a player won a cool $65,000 from a single spin on Fantasy Park and then another player won a massive $350,000 only a couple of days later! This time around, the win is enormous as one lucky player scooped a BitStarz record-breaking $1.

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Blockchain Exchange Alliance Will Take Over Korean Crypto Exchange Bithumb

South Korean crypto exchange Bithumb will be getting a makeover after being acquired by a plastic surgeon led blockchain consortium. Blockchain Exchange Alliance (BXA) led by Byung Gun Kim is set to acquire a 51% controlling stake in the exchange after investing $350 million.

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BitMex Insurance Fund Can Finance 51% Attack on Bitcoin Cash For a Year

Hong Kong-based trading platform BitMEX owns so much Bitcoin that it could launch multiple 51 percent attacks against some altcoins for months. Bitcoin Insurance Fund Worth $76 Million Those were the results of calculations from social media commentators this week as it emerged BitMEX’s Insurance Fund now contains 21,350 BTC ($75.

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Singapore Crypto Exchange KuCoin Raises US$20 Million Series A

KuCoin, a Singapore-based cryptocurrency exchange, has announced that IDG Capital, Matrix Partners and Neo Global Capital have agreed to invest a total of US$20 million in the startup’s Series A funding round.

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Three Years Later, Ethereum’s Hottest DApps Are (Still) ICOs and Cats

With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain.

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