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The market cap of AI-inspired altcoin $GROK fell sharply on Nov. 13 after well-known blockchain investigator ZachXBT tied its creator to previous possible scams.

GROK whales decry supposed FUD from crypto sleuth ZachXBT

Supporters of a Grok token, $GROK, banded together in the wake of aspersions surrounding the project and its developer, who has supposedly created other cryptocurrencies in the past. ...

10 months ago

Crypto media firm The Block sold a majority stake to Foresight Ventures in a deal, valuing it at $70 million.

Crypto media The Block sells $70m majority stake to Foresight Ventures

Most capital is used to buy out former CEO Mike McCaffrey’s stake. He resigned after the news that he secretly accepted millions from former FTX CEO Sam Bankman-Fried. CEO of The...

10 months ago

Fnality International, a company specializing in tokenized cash solutions on blockchain, has secured a substantial investment of $95.2 million, according to Bloomberg.

Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas

The funding round was spearheaded by prominent financial institutions Goldman Sachs and BNP Paribas. Fnality’s Growth Journey Since 2019 Established in...

10 months ago

rypto.com completed its licensing process in Singapore in June.

Crypto.com Wins Digital Asset License in Dubai

Crypto.com has been granted a license to operate specified virtual asset service activities in Dubai, the crypto exchange announced on Tuesday. The license has been granted t...

10 months ago

South Korean crypto exchange Bithumb hasn’t confirmed the planned IPO but told local media it recently selected an underwriter.

Bithumb plans to be first crypto exchange listed on Korea stock market: Report

Crypto exchange Bithumb plans to become the first digital asset company to go public on the South Korean stock market. Local news outlet Edaily reported on Nov. 12 that Bithu...

10 months ago

Cryptocurrency wallet hacked, with $27M in Tether reportedly lost.

$27 Million Worth of Stablecoins Reportedly Stolen in Crypto Wallet Hack

A wallet linked to the well-known exchange Binance has been breached, leading to a significant loss of $27 million. The incident primarily involved the theft of Tether (USDT) and was b...

10 months ago

THORChain’s $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among decentralized exchanges.

THORChain becomes third-largest DEX as RUNE surges 50% in a week

Native asset settlement protocol THORChain has recorded the third-largest trading volume among decentralized exchanges in the last week, with users seemingly attracted to the high yield offered ...

10 months ago

Coin Cloud’s Woes Deepen: Bitcoin ATM Firm Faces Data Breach Amid Chapter 11 Bankruptcy

Hacking Group Allegedly Steals Sensitive Data of 70,000 Customers from Bankrupt Bitcoin ATM Firm Coin Cloud

An unidentified hacking group has purportedly claimed responsibility for a significant security breach targeting Coin Cloud, a Bitcoin ATM operator that once boasted over 4,000 machines in the U...

10 months ago

Internal planning continues

Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market

Cryptocurrency exchange, Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities Dealers Automated Quotations (KOSDAQ). According to ...

10 months ago

Polygon Labs is launching Polygon Village 2.0 — aiming to boost ecosystem development with a $90 million fund.

Polygon Village launches $90 million fund for ecosystem development

Polygon developer Polygon Labs has relaunched its Polygon Village initiative, offering a new grant program of more than 110 million MATIC — currently worth around $91.3 million — to ...

10 months ago