Tag: million

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Zcash jumps 20% to landmark $1,000 level as short sellers lose $34 million

ZEC briefly traded above $1,020 as a sharp rally forced traders betting against the token out of leveraged positions.

Strategy returns to bitcoin buys, adding $370 million worth last week

It's the first week of bitcoin purchases for the Michael Saylor-led company in about two months.

Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans

Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPU-backed loans for artificial intelligence infrastructure.

A $1.1 million crypto card hack crashed a neobank's token 49%

The exploit caused the neobank's AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.

SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.

Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges

Six decade-old wallets moved $40 million this month, but Galaxy's data shows dormant coin activity at its lowest since 2022 and 2026 on pace...

BlackRock cuts bitcoin ETF swap minimum to $1 million: Report

ETF issuers are lowering the barrier for bitcoin whales to trade self-custody for ETF shares.

Crypto custody firm Copper has potential buyers. But offers are way below its $500 million asking price

Once valued at $2.5 billion, Copper was being marketed by investment bank Cantor Fitzgerald at around $500 million in May this year.

Las Vegas businessman convicted in $24 million 'AI supercomputer' crypto Ponzi scheme

Brent Kovar has been found guilty of running a crypto Ponzi scheme, defrauding at least 400 investors out of $24 million.

Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July

The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead.

Coldcard ships firmware after $114 million bitcoin theft; says AI helped catch more bugs

Three weeks of review turned up problems unrelated to the flaw that cost users $114 million, but updating still does not make a compromised...

A $2 million bet on XRP volatility crosses the tape as prices surge

An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28.