Double Jump.Tokyo, a Japan-based Web3 gaming company, has secured over $ 10 million in its Series D first closing led by SBI Investment. The round, which had the participation of Sony Group Corporation and others, will allow the company to continue developing blockchain games and offering related services, strengthening its talent base at the …
Navigating the Web3 Gaming Frontier: Insights From Ilya Abugov of Sanctor Capital
Sanctor Capital is a sanctuary where bright minds can find the support they need to maximize their impact on the industry. They have a long successful track record of guiding early-stage projects to Web3 market success. Ilya Abugov is a Partner at Sanctor Capital, a blockchain investment firm. He recently joined the Bitcoin.com News Podcast […]
Coinbase Shares Tips to Protect From Crypto Scams
Crypto exchange Coinbase supports the Australian government’s Scams Awareness Week, emphasizing the importance of consumer education to combat fraud. Coinbase APAC’s managing director offered tips for investors to protect themselves from scams, such as verifying URLs and using two-factor authentication. “Unfortunately, bad actors have been around for centuries and are not going away anytime soon,” […]
ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs
On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $ 127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $ 101.97 million. Ether ETFs also saw declines, though their losses were less significant compared to their bitcoin …
Russia Seeks Clarification From France on Telegram CEO Pavel Durov’s Arrest
The Russian Foreign Ministry has disclosed that its embassy in France has sought clarification on the detention of Telegram CEO Pavel Durov. The embassy stated that it aims to protect his rights, but France has been uncooperative. Durov’s arrest has sparked controversy, with Russian officials labeling him a political prisoner. Russia Seeks Answers on Telegram […]
2 Vintage Bitcoin Wallets From 2011 Spring to Life, Moving $4.7 Million in BTC
Over the past day, bitcoin has been hovering just under the $ 64,000 mark, while two wallets, which had been inactive for more than 13 years, suddenly moved 75 bitcoin worth $ 4.7 million. These transactions are particularly notable as they mark the only activity from 2011 this month, making them a rare …
Why 2024 Should Be Bitcoin’s Year to Step Away From Politics
As the U.S. election season heats up, Bitcoin finds itself once again in the political crossfire. From Washington, D.C., to international capitals, this digital currency has become a talking point, with politicians on both sides of the aisle either championing it as a revolutionary financial tool or condemning it as a threat to economic stability. […]
Report Reveals Hamster Kombat Faces Legal Action From Early Investors
Hamster Kombat, the Telegram tap-to-earn gaming sensation, is facing legal woes in Russia stemming from conflicts between its alleged creator, Eduard Gurinovich, and one of its early investors, Ad.ru, an IT holding company. According to reports from Lenta.ru, a popular Russian online newspaper, Gurinovich created Hamster Kombat using a company named Arenum, of which Ad.ru […]
FBI Recovers $5 Million From Pig Butchering Crypto Scam
Authorities in North Carolina have seized nearly $ 5 million in cryptocurrency linked to an investment fraud scheme. The scheme, known as “pig butchering,” involved criminals creating fake romantic relationships to deceive victims into investing in fraudulent cryptocurrency platforms. Victims lost their life savings, with one losing an entire retirement account. $ 5 …
Devere CEO Advises Shifting Away From US Assets as Dollar Weakens
Nigel Green, CEO of financial advisory and investment management firm Devere Group, has advised investors to reassess portfolios due to the U.S. dollar’s significant drop, which signals a potential shift in market dynamics. The dollar’s decline could present both challenges and opportunities, he said, advising investors to strategically diversify away from dollar-heavy assets to capitalize […]
Binance Says It Protects Over $2.4 Billion From Crypto Scams This Year
Crypto exchange Binance says it has protected over $ 2.4 billion from scams and fraudulent activities this year, safeguarding more than 1.2 million users worldwide. The exchange’s AI-driven and manual risk management system identified and blocked suspicious transactions, particularly during crypto withdrawals, where $ 1.1 billion in scam-related activities were thwarted, Binance explained. …
Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations
Ledn, a crypto lending firm, has secured a $ 50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto sector and the $ 1.38 trillion syndicated loan market. The collaboration highlights the growing …
Tron Triumphs as Cardano Fades—ADA Drops From Crypto’s Top 10
Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its place. ADA has struggled to hold its ground among the leading cryptocurrencies this year, and in the past 30 days alone, it has dropped 23% against the U.S. dollar. Once […]
Meme Coins Lose Steam: $20 Billion Wiped From Market Since May
During the first half of 2024, meme coins took the spotlight, captivating the crypto world with their quirky charm. However, the hype appears to be cooling off as we move into the latter part of the year. According to Google Trends, searches for “meme coins” have significantly decreased, and since May 21, the meme token […]
Gold’s Bull Run Inspires Bitcoin Forecasts: Insights From Fred Krueger and Jack Mallers
Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow a similar trajectory, fueled by broader financial factors. Jack Mallers, the founder of Strike, shares this sentiment, asserting that “bitcoin is the best expression of […]