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CATEGORY: million

Crypto investor turns $1,300 into $3.4M in 15 days
Author: Cointelegraph by Arijit Sarkar
United States
Source: Cointelegraph.com News
Sep 27, 2024 12:00

Crypto investor turns $1,300 into $3.4M in 15 days

A crypto trader turned $1,331 into $3.4 million by investing in Moo Deng, but liquidity concerns and insider suspicions arose.

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Telegram bot Banana Gun to absorb $3M loss from hack
Author: Cointelegraph by Arijit Sarkar
United States
Source: Cointelegraph.com News
Sep 26, 2024 12:00

Telegram bot Banana Gun to absorb $3M loss from hack

Banana Gun has confirmed a $3 million loss caused by a vulnerability in its trading bot, which impacted experienced crypto traders.

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Binance denies blame in $230M WazirX hack, urges user repayments
Author: Cointelegraph by Zoltan Vardai
United States
Source: Cointelegraph.com News
Sep 18, 2024 12:00

Binance denies blame in $230M WazirX hack, urges user repayments

Binance urged the WazirX team to take accountability for the hack and compensate users for the loss of funds.

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Crypto millionaire loses $43 million in Ether-Bitcoin trading bet
Author: Cointelegraph by Zoltan Vardai
United States
Source: Cointelegraph.com News
Sep 15, 2024 12:00

Crypto millionaire loses $43 million in Ether-Bitcoin trading bet

Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether.

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Crypto community slams WazirXs 'socialized losses' plan after hack
Author: Cointelegraph by Amaka Nwaokocha
United States
Source: Cointelegraph.com News
Aug 04, 2024 12:00

Crypto community slams WazirXs 'socialized losses' plan after hack

As WazirX navigates this crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community.

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Crypto community slams WazirXs socialized losses plan after hack
Author: Cointelegraph by Amaka Nwaokocha
United States
Source: Cointelegraph.com News
Aug 05, 2024 12:00

Crypto community slams WazirXs socialized losses plan after hack

As WazirX navigates a crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community.

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Bitcoin Runes records 15.6M NFT transactions in 4 months
Author: Cointelegraph by Arijit Sarkar
United States
Source: Cointelegraph.com News
Aug 27, 2024 12:00

Bitcoin Runes records 15.6M NFT transactions in 4 months

Bitcoin Runes, a leading NFT protocol, generated $162.4 million in fees with over 15.6 million transactions, showing potential for a long-term market impact.

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Ledn secures industry-first $50M Bitcoin-backed syndicated loan
Author: Cointelegraph by Josh O'Sullivan
United States
Source: Cointelegraph.com News
Aug 21, 2024 12:00

Ledn secures industry-first $50M Bitcoin-backed syndicated loan

Ledns groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance.

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Gate.io to launch $100M innovation fund with the Blockchain Center in Abu Dhabi
Author: Cointelegraph by Ezra Reguerra
United States
Source: Cointelegraph.com News
Aug 20, 2024 12:00

Gate.io to launch $100M innovation fund with the Blockchain Center in Abu Dhabi

The fund aims to advance decentralized infrastructure and blockchain adoption and support talent from the US, Asia, Europe and the MENA region.

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94% of Bitcoin's Supply Has Now Been Issued
Author: Vivek Sen
United States
Source: Bitcoin Magazine: Bitcoin News, Articles, Charts,

Aug 20, 2024 01:25

94% of Bitcoin's Supply Has Now Been Issued

94% of Bitcoin's total supply cap of 21 million has now been mined through its predictable issuance schedule. Bitcoin's controlled scarcity makes the remaining supply provably rare.

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WazirX restores balances post-hack, withdrawal timeline unclear
Author: Cointelegraph by Amaka Nwaokocha
United States
Source: Cointelegraph.com News
Aug 18, 2024 12:00

WazirX restores balances post-hack, withdrawal timeline unclear

The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges.

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SEC and Ideanomics settle crypto revenue reporting fraud charges
Author: Cointelegraph by Amaka Nwaokocha
United States
Source: Cointelegraph.com News
Aug 11, 2024 12:00

SEC and Ideanomics settle crypto revenue reporting fraud charges

According to the report, all parties involved have agreed to settle the charges without admitting or denying the SECs findings

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Morpho secures $50M funding led by Ribbit Capital for onchain lending
Author: Cointelegraph by Ana Paula Pereira
United States
Source: Cointelegraph.com News
Aug 02, 2024 12:00

Morpho secures $50M funding led by Ribbit Capital for onchain lending

Morpho Labs has raised $50 million from over 40 investors, including Ribbit Capital, which also invests in Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap.

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Multichain Foundation to pay $2.1M to Fantom for losses
Author: Cointelegraph by Arijit Sarkar
United States
Source: Cointelegraph.com News
Jul 10, 2024 12:00

Multichain Foundation to pay $2.1M to Fantom for losses

The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages.

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HK police arrest 4, including teen, in HK$11M crypto fraud
Author: Cointelegraph by Amaka Nwaokocha
United States
Source: Cointelegraph.com News
Jul 29, 2024 12:00

HK police arrest 4, including teen, in HK$11M crypto fraud

The authorities continue to urge the public to remain cautious and verify the legitimacy of financial transactions to avoid falling victim to such elaborate scams.

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Wintermute in $300M funding talks, Tencent interested: Report
Author: Cointelegraph by Derek Andersen
United States
Source: Cointelegraph.com News
Jul 24, 2024 12:00

Wintermute in $300M funding talks, Tencent interested: Report

The crypto market maker could have a valuation of $2 billion if the talks come to fruition.

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Dough Finance loses $1.8M in flash loan attack
Author: Cointelegraph by Ezra Reguerra
United States
Source: Cointelegraph.com News
Jul 13, 2024 12:00

Dough Finance loses $1.8M in flash loan attack

The attacker exploited unvalidated call data, resulting in 608 ETH being stolen.

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Bitget reports $700M capital inflow in Q2, adds 2.9M users
Author: Cointelegraph by Ezra Reguerra
United States
Source: Cointelegraph.com News
Jul 12, 2024 12:00

Bitget reports $700M capital inflow in Q2, adds 2.9M users

The exchange reported that its BTC, USDT and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.

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ZkSyncs Gemholic project suspected $3.5M rug pull
Author: Cointelegraph by Amaka Nwaokocha
United States
Source: Cointelegraph.com News
Jun 09, 2024 12:00

ZkSyncs Gemholic project suspected $3.5M rug pull

Community members are currently trying to trace the Gemholic contract creators address, which is supposedly funded by Binance.

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Investors file first civil suit against JPEX, more suits expected
Author: Cointelegraph by Derek Andersen
United States
Source: Cointelegraph.com News
Jun 07, 2024 12:00

Investors file first civil suit against JPEX, more suits expected

The plaintiffs seek to recover funds transferred out of their wallets as criminal proceedings against the exchange continue.

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