Acala burns 99% of aUSD involved in mint exploit

Acala has successfully burnt 1.288 billion aUSD reportedly lost to hackers during the Sunday exploit. The post Acala burns 99% of aUSD involved in mint exploit appeared first on CryptoSlate. дальше »

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India’s ED freezes $46 million of Vauld’s funds on money-laundering charges

Singapore-based Crypto Lender Vauld is facing money laundering charges in India after $46.5 million (3.70 billion Indian rupees) was frozen from its local entity, Flipvolt Technology. The post India’s ED freezes $46 million of Vauld’s funds on money-laundering charges appeared first on CryptoSlate. дальше »

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Huobi founder Leon Li in talks to sell his shares for up to $3B

Crypto exchange giant Huobi’s founder and CEO Leon Li is in talks with investors to sell his majority stake for $2 billion to $3 billion. The post Huobi founder Leon Li in talks to sell his shares for up to $3B appeared first on CryptoSlate. дальше »

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Coinbase reports $1.10B loss in Q2 as assets on exchange slump

Coinbase Global’s second-quarter results show that the crypto exchange recorded a net loss of $1.10 billion during the period. The post Coinbase reports $1.10B loss in Q2 as assets on exchange slump appeared first on CryptoSlate. дальше »

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Virginia pension funds invest in crypto yield farming despite recent turmoil

Virginia’s Fairfax County Retirement Systems is set to invest its $6.8 billion pension fund in cryptocurrency yield farming to boost returns, the Financial Times reported on Aug 4. The post Virginia pension funds invest in crypto yield farming despite recent turmoil appeared first on CryptoSlate. дальше »

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South Korean VC firm Hashed lost more than $3 billion in LUNA collapse

Hashed CEO Simon Seojoon Kim disclosed in a Bloomberg interview that the VC firm lost more than $3 billion from its investment in LUNA after it crashed in May 2022. The post South Korean VC firm Hashed lost more than $3 billion in LUNA collapse appeared first on CryptoSlate. дальше »

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Chainalysis reports $2B lost in cross-chain bridge hacks

Research conducted by blockchain data platform Chainalysis estimated that $2 billion was lost from cross-chain bridge hacks so far in 2022. The post Chainalysis reports $2B lost in cross-chain bridge hacks appeared first on CryptoSlate. дальше »

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Web3 domain provider Unstoppable Domains raises $65 million, becomes newest crypto unicorn

Web3 domain name provider, Unstoppable Domain has reached a $1 billion valuation after it closed a $65 million series A funding round led by Pantera Capital. The post Web3 domain provider Unstoppable Domains raises $65 million, becomes newest crypto unicorn appeared first on CryptoSlate. дальше »

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Stablecoin supply saw the largest quarterly contraction in history in Q2

Total stablecoin supply contracted to $151.3 billion in the second quarter of 2022, a drop of 18.8% or $35.1 billion over Q1, according to a report by Arcane Research. The post Stablecoin supply saw the largest quarterly contraction in history in Q2 appeared first on CryptoSlate. дальше »

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Tesla, MicroStrategy, Block’s bet on Bitcoin leads to $5B loss on books in Q2

Tesla, MicroStrategy, and Block’s bet on Bitcoin (BTC) led to a combined loss of $5 billion on the books in the second quarter, Bloomberg News reported on July 22. The post Tesla, MicroStrategy, Block’s bet on Bitcoin leads to $5B loss on books in Q2 appeared first on CryptoSlate. дальше »

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Will release of $3B Bitcoin from Mt Gox cause market bottom in August?

137,000 BTC worth roughly $2.8 billion will soon be released into the market as funds lost to the Mt. The post Will release of $3B Bitcoin from Mt Gox cause market bottom in August? appeared first on CryptoSlate. дальше »

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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. дальше »

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Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data

An anonymous hacker has offered to sell the stolen personal data of over 1 billion Chinese citizens for 10 Bitcoin (BTC), roughly $200,000. The post Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data appeared first on CryptoSlate. дальше »

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Tether reducing commercial paper holdings down to $3.5 billion by end-July

Tether said July 1 that it is further reducing its commercial paper portfolio. The post Tether reducing commercial paper holdings down to $3.5 billion by end-July appeared first on CryptoSlate. дальше »

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Bitcoin experiences worst month in history as over $400B is wiped off crypto market in June

The crypto industry has experienced its worst month ever as over $400 billion was wiped off the market by the capitulation of digital assets in June. The post Bitcoin experiences worst month in history as over $400B is wiped off crypto market in June appeared first on CryptoSlate. дальше »

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CFTC charges Mirror Trading International with alleged fraud of $1.7 billion worth of Bitcoin

The Commodity Futures Trading Commission (CFTC) has charged Cornelius Johannes Steynberg and his company Mirror Trading International (MTI), with fraud and registration violations. The post CFTC charges Mirror Trading International with alleged fraud of $1. дальше »

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FTX discarded Celsius deal after reportedly finding $2B missing from its balance sheet

FTX has walked away from a deal to acquire Celsius after reviewing its balance sheet and finding a “$2 billion hole,” according to a June 30 report by The Block. The post FTX discarded Celsius deal after reportedly finding $2B missing from its balance sheet appeared first on CryptoSlate. дальше »

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Twitter board asks shareholders to approve Elon Musk’s $44 billion bid

Twitter’s board unanimously recommends that shareholders vote for Elon Musk’s $44 billion bid to take over the social media company, a June 21 SEC filing shows. The post Twitter board asks shareholders to approve Elon Musk’s $44 billion bid appeared first on CryptoSlate. дальше »

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Bitcoin investors see record realized loss of $7B amid downturn

Bitcoin hodlers lost over $7 billion to the market crash between June 16 to June 18 as investors scrambled to sell coins they bought for higher prices, according to a Glassnode report. The post Bitcoin investors see record realized loss of $7B amid downturn appeared first on CryptoSlate. дальше »

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TronDAO to initiate a 3 billion withdrawal to guard TRX’s value

TronDAO announced it would be withdrawing another 3 billion TRX from a CeFi and DeFi lending platform. The post TronDAO to initiate a 3 billion withdrawal to guard TRX’s value appeared first on CryptoSlate. дальше »

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FTX trading volume surpasses Coinbase in record month

The spot Bitcoin trading volume on FTX has surpassed Coinbase for the first time, hitting $30 billion in a single month. The post FTX trading volume surpasses Coinbase in record month appeared first on CryptoSlate. дальше »

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Crypto unicorns on the rise as unicorn startups exceed 1K in 2022

When a privately-owned company receives a valuation of $1 billion, it’s introduced into the magical world of unicorns. The post Crypto unicorns on the rise as unicorn startups exceed 1K in 2022 appeared first on CryptoSlate. дальше »

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Coinbase top executives reportedly made over $1B via stock sales

A new Wall Street Journal report has revealed that four top officials of Coinbase have cumulatively made over $1 billion by selling the company shares since the exchange went public last year. The post Coinbase top executives reportedly made over $1B via stock sales appeared first on CryptoSlate. дальше »

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FTX CEO Sam Bankman-Fried reveals willingness to spend $1 billion to keep Trump away from White House

FTX founder Sam Bankman-Fried has said he could donate over $100 million in the next US presidential election, adding that he has a soft ceiling of $1 billion. The post FTX CEO Sam Bankman-Fried reveals willingness to spend $1 billion to keep Trump away from White House appeared first on CryptoSlate. дальше »

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Andreesen Horowitz’ a16z launches $4.5B fund to grab crypto winter bargains

The VC firm Andreessen Horowitz has announced a new $4.5 billion fund to take advantage of the downturn in the crypto market. The post Andreesen Horowitz’ a16z launches $4.5B fund to grab crypto winter bargains appeared first on CryptoSlate. дальше »

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Tether remains unshaken despite $10 billion withdrawals in 2 weeks

Crypto traders withdrew around $10 billion from Tether USDT in the last two weeks as talks of increased regulatory scrutiny for stablecoins continue to grow.   CryptoSlate data shows that the circulating supply of USDT dropped to $73. дальше »

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Relief rally: Crypto inflows top $110B as Bitcoin recaptures $30K

The working week is set to end on a green day, with $113 billion of capital flowing back into the total crypto market cap over the last 24-hours. The post Relief rally: Crypto inflows top $110B as Bitcoin recaptures $30K appeared first on CryptoSlate. дальше »

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TerraForm Labs proposes to burn $1.3B in UST to save LUNA

Terraform Labs proposed to burn a total of $1.3 billion worth of UST to save LUNA to combat the current crisis. The post TerraForm Labs proposes to burn $1.3B in UST to save LUNA appeared first on CryptoSlate. дальше »

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Binance commits $500 million to invest in Twitter with Elon Musk

According to data submitted by the US Securities and Exchange Commission, major crypto exchange Binance participated in Elon Musk’s $44 billion purchase of Twitter. The post Binance commits $500 million to invest in Twitter with Elon Musk appeared first on CryptoSlate. дальше »

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Australia’s first spot Bitcoin ETF could see $1 billion in inflows

Australia is set to have its first spot Bitcoin ETF as authorities have approved Cosmos Asset Management Bitcoin ETF to begin trading by April 27, per a report from Australia’s Financial Review. The post Australia’s first spot Bitcoin ETF could see $1 billion in inflows appeared first on CryptoSlate. дальше »

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Elon Musk’s $43B bid on Twitter causes DOGE, SHIB to spike

Tesla and SpaceX CEO Elon Musk has made an unsolicited offer to fully acquire social media giant Twitter for a total cash consideration of $43 billion, according to SEC filings. The post Elon Musk’s $43B bid on Twitter causes DOGE, SHIB to spike appeared first on CryptoSlate. дальше »

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Shiba Inu supply shrinking as 2.41 billion SHIB got burned

The price of the Shiba Inu (SHIB) token went up approximately 20% since the end of last week. The post Shiba Inu supply shrinking as 2.41 billion SHIB got burned appeared first on CryptoSlate. дальше »

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$500 billion in crypto managed by CoinStats as it raises $3.2M to enter DeFi

Popular crypto portfolio app, CoinStats, has secured $3.2 million to expand to become a DeFi aggregator. The post $500 billion in crypto managed by CoinStats as it raises $3.2M to enter DeFi appeared first on CryptoSlate. дальше »

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Terra expands reserve for UST beyond Bitcoin, buys $100 million Avalanche

Terra’s founder Do Kwon announced in March that the blockchain network will buy $10 billion worth of Bitcoin as a reserve for its algorithmic stablecoin, UST.  The network has bought $1.6 billion worth of the flagship digital asset, so far, and reports have now emerged that it is expanding its reserve for UST to another […] The post Terra expands reserve for UST beyond Bitcoin, buys $100 million Avalanche appeared first on CryptoSlate. дальше »

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Binance.US valued at $4.5B in seed funding round

The US arm of the world’s largest crypto Exchange, Binance, secured $200 million in funding at a pre-money valuation of $4.5 billion. The post Binance.US valued at $4.5B in seed funding round appeared first on CryptoSlate. дальше »

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Musk buys $2.9B stake in Twitter, what does this mean for Dogecoin?

Elon Musk bought a 9.2% stake in Twitter for $2.9 billion, making him the platform’s biggest shareholder. The post Musk buys $2.9B stake in Twitter, what does this mean for Dogecoin? appeared first on CryptoSlate. дальше »

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Billions advised to update Chrome browser — especially crypto users

On March 22nd, Google issued an emergency security update for its Chrome browser as 3.2 billion users were potentially at risk of being attacked. The post Billions advised to update Chrome browser — especially crypto users appeared first on CryptoSlate. дальше »

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Why this framework may serve as the ultimate seal of approval for NFTs

Sales of non-fungible tokens (NFTs) reached a record $25 billion in 2021.

The post Why this framework may serve as the ultimate seal of approval for NFTs appeared first on CryptoSlate.

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This leading Polkadot DeFi project hit $1 billion in total value locked

Having recently won the third parachain auction slot and going live on the Polkadot mainnet this year, , , and all major layer 1 blockchains. The post This leading Polkadot DeFi project hit $1 billion in total value locked appeared first on CryptoSlate. дальше »

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New funding round values Blockchain.com at $14 Billion

Led by venture capital firm Lightspeed Venture Partners with major participation from Baillie Gifford & Co, wallet provider and exchange Blockchain dot com raised new funding that values the company at about $14 billion, more than doubling its worth in a sign that cryptocurrency firms continue to attract capital and investments, regardless of the turbulent venture capital […] The post New funding round values Blockchain. дальше »

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Yuga Labs secures a16z board member, $450 million and reached a $4 billion valuation

Yuga Labs have been keeping the headlines busy for the last couple of weeks. The post Yuga Labs secures a16z board member, $450 million and reached a $4 billion valuation appeared first on CryptoSlate. дальше »

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5 NFT projects to watch – Comparing upcoming NFT projects of 2022

The NFT market surpassed a valuation of $40 billion during late 2021, inching closer to the total annual sales volume of the fine art market. The post 5 NFT projects to watch – Comparing upcoming NFT projects of 2022 appeared first on CryptoSlate. дальше »

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Report: NFT trades top $17 billion in 2021

Everyone knows that the Non-fungible token space was one of the best performing crypto niches last year, a new report from Nonfungible, an NFT data company reveals the extent of the growth. The post Report: NFT trades top $17 billion in 2021 appeared first on CryptoSlate. дальше »

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Crypto markets lose $100 billion as Biden signs executive order on digital assets

A buy the rumor, sell the news event is in full swing today as the price of Bitcoin fell 8% in five hours following Biden’s signing of an executive order on crypto assets. The post Crypto markets lose $100 billion as Biden signs executive order on digital assets appeared first on CryptoSlate. дальше »

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Here’s how the token economies of the top 4 DEXs work

According to Footprint Analytics, as of February 25, there were 372 DEX protocols, totaling a TVL of $62.3 billion, above 30% of the total of DeFi. The post Here’s how the token economies of the top 4 DEXs work appeared first on CryptoSlate. дальше »

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As gaming guilds raise billions of dollars, who will be the next YGG?

According to Footprint Analytics, the gaming sector has attracted a large number of investors since September, with funding reaching a peak of $1.3 billion in November. The post As gaming guilds raise billions of dollars, who will be the next YGG? appeared first on CryptoSlate. дальше »

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Solidly TVL rises to over $2 billion in 24 hours

Solidly’s total value locked (TVL) is now $2.24 billion.

The post Solidly TVL rises to over $2 billion in 24 hours appeared first on CryptoSlate.

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El Salvador’s $1 billion Bitcoin bond called a “meme” by mainstream finance

Bitcoiner Dennis Porter tweeted that El Salvador had raised $500 million for their Bitcoin bond program. The post El Salvador’s $1 billion Bitcoin bond called a “meme” by mainstream finance appeared first on CryptoSlate. дальше »

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LUNA rallies as Terra raises $1 billion to create a Bitcoin reserve for UST

Luna Foundation Guard (LFG) recently completed an over-the-counter sale of LUNA–raising $1 billion from venture capital groups led by Jump Crypto and Three Arrows Capital. The post LUNA rallies as Terra raises $1 billion to create a Bitcoin reserve for UST appeared first on CryptoSlate. дальше »

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Will MATIC’s Burning Mechanism Help Polygon Stay on Top?

According to Footprint Analytics data, as of February 7, Ethereum has burned 1,778,834 ETH since the London upgrade in August, equivalent to $5.5 billion at current prices. The post Will MATIC’s Burning Mechanism Help Polygon Stay on Top? appeared first on CryptoSlate. дальше »

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