Tag: Cryptonews

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Hackers Steal 58.2 BTC ($7M) From Odin.fun Launchpad In Liquidity AMM Exploit

Earlier today, on August 13th, Hackers drained 58.2 Bitcoin, worth about $7 million, from memecoin launchpad Odin.fun in a fast, targeted exploit that played...

Crypto Exchange Bullish Raises $1.1B IPO at $37 With a $5.4B Valuation, Oversubscribed 20x, and to begin Trading on NYSE Today

Bullish Group priced an upsized initial public offering at $37 a share, raising about $1.1 billion from 30,000,000 ordinary shares and valuing the firm...

Breaking: Terraform Labs’s Do Kwon Pleads Guilty To U.S. Fraud Charges Over $40B Crypto Collapse

Do Kwon, the 33-year-old South Korean entrepreneur behind the failed TerraUSD and Luna cryptocurrencies, pleaded guilty, on Tuesday, August 13th, in New York to...

OKX Upgrades X Layer, Phases Out OKT & Fixes OKB Supply Making The Token Rally 133%

OKX and its X Layer network announced a major technology upgrade, changes to the token model, and a plan to retire OKT. The PP...

Kazakhstan Lists Central Asia’s First Crypto ETF As Fonte’s Spot BTC Fund Prepares AIX Listing

Fonte Capital’s Fonte Bitcoin Exchange Traded Fund OEIC (BETF) will begin trading on Aug. 13 on the Astana International Exchange (AIX) in Astana. The...

TRON, Tether, & TRM Labs Launch Global Collaboration Program With Binance, Seizes Over $250M Fraud Crypto Assets

The T3 Financial Crime Unit(T3 FCU), established through a trilateral collaboration of TRON, Tether, and TRM Labs, has now adopted “T3+” as a new...

Visa’s Crypto Chief Says Future Will Be For Traditional & Crypto Finance, Predicts A $2T Stablecoin Market

Cuy Sheffield, Visa’s head of crypto, told Bloomberg that traditional payments and crypto will converge as the stablecoin market grows to $269 billion, up...

Crypto Mining Firm MARA To Buy 64% Of Exaion For $168M As It Moves Into AI Infrastructure

MARA Holdings Inc. will pay $168 million to buy a 64% stake in Exaion, the French high-performance computing and AI infrastructure firm, the company...

Commissioners Hester Peirce and Paul Atkins, Shift Focus On The ‘Policy Drafting Table’ As SEC Ends 5-Year-Long Case Against Ripple

The U.S. SEC said it has ended its case accusing Ripple Labs of selling unregistered securities, leaving a $125 million fine in place after...

Real Estate Billionaire Grant Cardone Discloses Plans of Firm to Raise $1 Billion in Pre-IPO for More Bitcoin Acquisitions

Grant Cardone, founder and CEO of Cardone Capital and Cardone Training Technologies, recently asked X’s AI chatbot Grok to estimate a public valuation for...

Terraform Co-Founder Do Kwon May Plead Guilty In U.S. Fraud Case Over $40B TerraUSD Collapse

Do Kwon, the South Korean entrepreneur behind Terraform Labs, is expected to enter a guilty plea on Tuesday, August 11th, after U.S. court filings...

BitMine Now Holds the World’s Largest ETH Treasury Valued at About $4.96B, After Recent 317K ETH Addition

BitMine Immersion Technologies holds 1,150,263 ETH, valued at about $4.96 billion as of Aug 10. This figure uses market pricing of $4,311 per ETH,...