Tag: million

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Russia-linked Grinex exchange halts operations after $13 million ‘state-backed’ hack

Grinex, a cryptocurrency exchange popular with sanctions-avoiding Russians, suspended operations after saying a cyber attack drained about 1 billion rubles ($13 million) from its...

Kraken’s parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock.

Crypto exchange Kraken's parent company has agreed to acquire digital asset derivatives platform Bitnomial for up to $550 million, in a cash-and-stock transaction that...

Class Action Lawsuit Filed Against Circle Over Drift Protocol $280 Million Hack: Gibbs Mura Law Group

Law firm charges Circle Internet Financial with failing to freeze $230 million in stolen USDC after the April 1 Drift Protocol exploit, allegedly linked...

Drift gets $148 million rescue fund and Tether will replace Circle’s USDC for settlement after massive exploit

Drift Protocol, the victim of a recent North Korean exploit, plans to relaunch with Tether's USDT as its settlement layer after securing a proposed...

Bitcoin Scholars Fund Launches With $21 Million Goal To Bring Bitcoin Education To K–12 Schools

A new nonprofit initiative, the Bitcoin Scholars Fund (BSF), announced plans attempting to redirect $21 million from federal coffers into K–12 Bitcoin...

Morgan Stanley uses 0.14% fee to draw $100 million in first week

Morgan Stanley’s (MS) spot bitcoin exchange-traded fund (ETF), trading under the ticker MSBT, has drawn more than $100 million in inflows within its first...

Trump-backed WLFI moves to unlock 62 billion tokens after $75 million loan controversy

The Trump family-backed World Liberty Financial has proposed unlocking 62.3 billion WLFI governance tokens on Tuesday, less than a week after CoinDesk reported the...

Tether Moves Over $70 Million In Bitcoin To Reserves, On-chain Data Shows

Tether, issuer of the world’s largest stablecoin USDT, moved 951 bitcoin valued at $70.5 million into a reserve wallet linked to its...

Crypto’s new $11 million PAC booked millions in ads with firm started by Tether US CEO

The crypto's industry emerging political action committee, Fellowship PAC, rushed out of the gate this month with $11 million in backing, and it's so...

Bitcoin developer says 5.6 million ‘lost’ tokens may need freezing to stop hackers

A leading core Bitcoin developer said he would rather see the estimated 5.6 million bitcoin BTC$74,075.74 he believes to be lost frozen by the...

WULF lower by 6% after $900 million capital raise

TeraWulf (WULF), a US data center operator focused on bitcoin mining and AI computing, saw its shares drop early Wednesday, after the company announced...

Polygon Moves to Unlock $330 Million in Idle POL as Stablecoin Payment Flows Accelerate

Polygon Labs is trying to solve a problem that usually appears only after a network begins to scale: too much capital sitting idle.The company...