Tag: million

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Tokenization is becoming the financing layer for AI and robotics, Framework bets with $400 million fund

Traditional securitization markets struggle to package individual servers or computing equipment into investable products, Anderson said. Stablecoins — with more than $300 billion circulating...

Why SBI paid $289 million for an unprofitable crypto exchange: Architect Partners

SBI Holdings is a financial services group with businesses spanning securities, banking, insurance, asset management and venture investing with a market capitalization of about...

Japanese giant SBI Holdings to buy Bitbank for $289 million

Japanese financial services giant SBI Holdings said it agreed to buy cryptocurrency exchange Bitbank for around $289 million.The Tokyo-based bank first floated the idea...

Polymarket hack updated to $3.1 million days after the platform promised users full refunds

On Thursday as well, Specter Analyst, another blockchain intelligence platform, said on Thursday that “It appears there may be a phishing attack targeting Polymarket...

MoneyGram CEO on rolling out MGUSD to its 60 million users, globally

MoneyGram has been quietly building on blockchain for over five years. Now, with its own stablecoin (MGUSD), a Kraken partnership, a validator seat on...

Polymarket Confirms $3 Million Loss From Third-Party Front-End Supply-Chain Breach

Polymarket confirmed hackers drained approximately $3 million through a compromised third-party vendor that injected malicious code into the platform's website, and pledged full refunds...

BlackRock-backed Securitize to raise $400 million nearing public debut; CEPT jumps 8%

Securitize, one of the largest providers of tokenization infrastructure for Wall Street, expects to raise about $400 million as it prepares to go public...

Kraken eyes 15% stake in DeFi lender Aave in deal valuing protocol at $385 million

Aave is the largest decentralized lending protocol, allowing users to lend and borrow crypto assets without intermediaries. Depositors earn yield by supplying tokens to...

Cardano wallet SecondFi hit by $2.4 million exploit, up to $20 million in user funds at risk

SecondFi, the Cardano wallet formerly known as Yoroi, says it has patched a major exploit that drained roughly 16 million ADA, worth approximately $2.4...

Senate Democrats call for hearings over Trump’s $500 million UAE crypto deal

The investment bolsters concerns about foreign influence, originally stemming from a major investment by MGX, a UAE state-backed investment company, that boosted the market...

Crypto PAC’s $5.5 million Congress pick gets Maryland win, more crypto allies advance

In the same state, Fairshake backed incumbent Representative April McClain Delaney for $516,000, while also contributing ad spending in other states' Tuesday primaries to...

AI miner Hut 8 to pay $2.35 million to settle investor claims tied to 2023 USBTC merger

Former bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it misled investors in connection with...