Standard Chartered’s Zodia Custody raises $36 million
Key takeaways Crypto storage provider Zodia Custody has raised $36 million in a recent funding round. The crypto-focused subsidiary of Standard Chartered will use the funds for international expansion. The…
Dormant Bitcoin wallet with $31 million BTC activates after 10 years
A dormant wallet from 2012 has woken up and moved 279 BTC. According to on-chain data, the Satoshi era wallet holds 1,128 Bitcoin worth $31.6 million. The wallet last transacted…
Investor buzz grows as new 30x meme coin presale surpasses $1.1 million raised in first month
DigiToads (TOADS) presale has surpassed the $1 million mark as the project’s unique and innovative play-to-earn game attracts investors. A transparent team has helped raise investor confidence in DigiToads. The…
South Korean crypto exchange GDAC hacked for $13 million
South Korean exchange GDAC reported the hack early Monday. The exchange said the hackers stole nearly 61 BTC, 350.5 ETH, 10 million WEMIX tokens and 220,000 USDT. On-chain data shows…
Bitcoin price in “transition” even as non-zero balance addresses hit 45.4 million: Bitfinex report
The number of Bitcoin wallets with non-zero BTC balance recently hit a new all-time high of 45.388 million. However, daily active addresses and daily confirmed transactions have fallen. Bitcoin price…
Crypto saw $160 million in institutional inflows last week
Investors put $160M into crypto investment products amid concerns around traditional finance. Bitcoin recorded the largest inflows of $128 million as a six-week streak of outflows ended. Digital assets manager…
MicroStrategy buys another $150 million worth of Bitcoin
MicroStrategy founder Michael Saylor announced the company had repaid the $205 million loan at a 22% discount. The company also bought 6,455 bitcoins worth $150 million. Saylor’s company currently holds…
Bitcoin is only 90 days away from hitting $1.0 million: Pro
Former Coinbase CTO says Bitcoin will hit $1.0 million by June 17th. Custodia Bank founder dubs BTC an insurance policy; a scarce asset. Bitcoin is currently trading well above its…
EUL token down 52% after the $200 million Euler protocol exploit
Hackers stole almost $200 million from Euler protocol on Monday. USDC accounted for a majority of the stolen tokens. Euler Labs is currently working to recover the funds. Euler protocol…
Crypto volatility back to FTX levels, with $791 million of liquidations in 4 days as SVB collapse rocks market
Key Takeaways Crypto volatility is back up to levels last seen when FTX collapsed in November $791 million of liquidations rocked investors between Thursday and Sunday $383 million of longs…