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Tesla’s Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 Million

January 26, 2023 by admin

Tesla

Tesla’s latest balance sheet shows the company’s bitcoin holdings worth $ 184 million. Tesla did not sell any digital assets in the fourth quarter of 2022 despite the crypto winter and contagion in the crypto ecosystem. Tesla’s Digital Assets Valued at $ 184 Million Tesla Inc. (Nasdaq: TSLA) …

Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims

January 26, 2023 by admin

Binance Processed $  346 Million for Crypto Exchange Bitzlato, Report Claims

Cryptocurrency exchange Binance has reportedly processed nearly $ 346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s largest trading platform for digital assets was among Russian-owned Bitzlato’s major counterparties. Blockchain Data Indicates …

Manhattan District Attorney Freezes $1.3 Million in Crypto — Seeks to Return Funds to Fraud Victims

November 14, 2022 by admin

Manhattan DA’s Office Freezes $  1.3 Million in Cryptocurrency During Fraud Investigations — Seeks to Return Money to Victims

Manhattan District Attorney (DA)’s Office has frozen more than $ 1.3 million in cryptocurrency “during fraud investigations conducted over the past ten months.” The authority said: “We are returning that money to the victims of these schemes — while raising awareness to prevent future fraud.” $ 1.3 Million in Cryptocurrency Frozen Manhattan …

Egyptian Fintech Raises $31 Million in Series B Funding Round

November 10, 2022 by admin

Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $ 31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s growth. Diversifying Moneyfellows’ Portfolio Egyptian fintech startup Moneyfellows recently revealed …

Mark Cuban-Backed Multichain Wallet Launches $3 Million Aptos Ecosystem Fund to Onboard New Users

November 4, 2022 by admin

Blocto, a multichain wallet has announced the launch of a $ 3 million Aptos Ecosystem Fund whose objective is to help onboard new users to Aptos. Besides financially supporting projects, the Aptos fund will be used to back standout projects when they get to the “user acquisition phase.” Access to Aptos’ in-House and …

Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’

November 2, 2022 by admin

Solana-Based Lending App Solend Gets Hacked for $  1.26 Million in

The Solana-centric lending application Solend lost $ 1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend Loses $ 1.26 Million in Oracle Exploit The crypto …

Report: US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mixer Operator

October 25, 2022 by admin

Report: US Department of Justice Files $  60 Million Lawsuit Against Bitcoin Mixer Operator

The United States Department of Justice recently filed a lawsuit to recover $ 60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S. law enforcement in 2020. According to U.S. authorities, Harmon had operated an unlicensed money-transmitting business. Violation of the Bank Secrecy Act The …

Turkey Seizes $40 Million in Crypto, Detains 46 Suspects in Criminal Investigation: Report

October 22, 2022 by admin

Turkey Seizes $  40 Million in Crypto, Detains 46 Suspects in Criminal Investigation: Report

Turkish authorities have reportedly seized $ 40 million in cryptocurrency and detained 46 people in an illegal betting investigation. “This operation came out of Turkish Cyprus and is linked to the murder of Halil Falyalı,” Turkish Minister of Interior Süleyman Soylu said. Turkey Confiscates $ 40 Million in Cryptocurrency The Office of …

The Girles Token Presale Raised Over $1 Million – What to Expect?

October 16, 2022 by admin

sponsored Girles Token is a decentralized NFT GameFi token created on the Ethereum platform that also has a Proof-of-Staking protocol. The Girles Token is the main product in the Girles Metaverse, which has applications in over 15 different products. Girles Token was tested before being released on the main Ethereum network, and also after …

Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022

October 14, 2022 by admin

Uniswap

Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $ 165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $ 1.66 billion, is the largest by any crypto firm in 2022. Uniswap …

Decentralized Web3 Protocol Golden Raises $40 Million Backed by A16z

October 5, 2022 by admin

golden

Golden, a startup that seeks to build a decentralized data hub, has raised $ 40 million dollars in a Series B funding round. The round, which was led by a16z crypto, will allow the company to keep building its concept, which revolves around combining data submission and validation with Web3-based token incentives. Golden …

US Tennis Player Serena Williams’ VC Firm Leads Ugandan Fintech’s $12.3 Million Pre-Series A Funding Round

October 2, 2022 by admin

The Uganda-based digital lending fintech startup, Numida, has said it will start offering its services to micro, small, and medium-sized enterprises in other African countries. Numida’s plans to offer its services to businesses beyond Uganda’s borders came shortly after it was announced that the startup had raised a total of $ 12.3 million …

Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January

October 1, 2022 by admin

Despite the Crypto Market Downturn, DAO Treasuries Grew by $  700 Million Since January

Since January 2022, the entire crypto economy has shed $ 1.36 trillion in value, as the market capitalization dropped from $ 2.34 trillion to today’s $ 979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, …

DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud — Seeks $100 Million

September 2, 2022 by admin

DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud — Seeks $  100 Million

The attorney general of the District of Columbia has sued Microstrategy’s co-founder and executive chairman, Michael Saylor, for tax fraud. The lawsuit also names Microstrategy as a defendant “alleging that it conspired to help him evade taxes he legally owes.” Both Saylor and Microstrategy denied the allegations. The attorney general is seeking more than …

More Than a Third of Africa’s 53 Million Crypto Owners Are From Nigeria, Study Shows

August 30, 2022 by admin

With an estimated 53 million cryptocurrency owners, the African continent now accounts for 16.5% of the global total, a study has found. The study findings suggest that Nigeria, which has more than 22 million crypto owners, currently accounts for more than a third of the continent’s total number of holders. Nigeria Accounts for Over …

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  • Tesla’s Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 Million
  • Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims
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