Tag: million

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Optimism-funded team's deciding vote shifts $49 million in OP tokens away from users

The approved plan reallocates 546.9 million OP from user airdrops to a Foundation-controlled Strategic Ecosystem Fund.

Crypto campaign fund Fairshake faces $2 million setback in Florida primaries

In a race that drew criticism to crypto's leading political action committee for featuring fake headlines in ads, Fairshake's expensive effort fell short.

A year after losing $1.46 billion, Bybit says AI helped it save $700 million

The exchange that lost $1.46 billion to North Korean hackers is the first large centralized firm to put numbers on a claim bitcoin developers...

Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million

A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded,...

Compound bets $52 million, new leadership team in switch to institutional focus

"DeFi is a remarkable innovation; however, it has achieved limited institutional adoption," Schnarch said in a statement. "Current product offerings fall short of meeting...

Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests

The 30-year Treasury yield cleared 5% this year and is sitting at its highest level since 2007. That means every dollar sitting in bitcoin...

Sequoia and Wellington in talks to lead $750 million Kalshi funding round

Kalshi, which raised $1 billion in May at a $22 billion valuation, is now the number one prediction market platform by revenue, followed by...

Trump Media (DJT) BTC holdings shrink as crypto losses hit $361 million

Trump Media and Technology Group's (DJT) bitcoin holdings shrank during the second quarter of the year as falling crypto prices saddled the Truth Social...

Crypto hackers drained $8 million from Coinsbuy using a clever cross-chain trick

Crypto exchange Coinsbuy lost more than $8 million in a coordinated attack across TRON and Ethereum on Aug. 9, according to onchain data reviewed...

Strategy sells 1,690 bitcoin, raises $653 million from MSTR shares

Bitcoin treasury firm Strategy (MSTR) had raised $108.6 million last week through the sale of 1,690 bitcoin and an additional $653.1 million from the...

New XRP Ledger proposals target $530 million in tokenized Wall Street assets

There is already money on the chain for the feature to serve. Onchain data aggregator RWA.xyz tracks about $1.38 billion of distributed real-world assets...

Trump-backed American Bitcoin board member adds $1.9 million to personal stake

Justin Mateen, a director of the board at American Bitcoin (ABTC), the mining company backed by U.S. President Donald Trump’s family, purchased nearly $1.93...