Proton, known for its privacy-focused services including the popular Proton Mail with over 100 million users, has launched Proton Wallet, a new self-custodial bitcoin wallet. “If you are one of the millions of people who have a Proton Mail email address, you can now automatically receive bitcoins with your email address,” said Proton’s CEO, adding […]
NPC Labs, an onchain product distribution platform founded by former members of Base, has successfully raised $ 18 million in a Seed Round led by Pantera Capital. The funding round saw participation from prominent investors such as Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle Ecofund. This latest funding round brings …
Telegram, the popular messaging app, has reached 950 million monthly active users worldwide, according to its founder Pavel Durov. The app has served as a platform for the popularization and growth of several cryptocurrency projects featuring tap-to-earn mechanics, such as Notcoin and the recently popular Hamster Kombat. Durov stated that the number of users has […]
Boyaa Interactive, a public gaming company based in Hong Kong, has announced a strategic investment in the UTXO Bitcoin Ecosystem Fund. The company plans to allocate $ 1,000,000 to this initiative, aimed at promoting the Group’s business development and expansion in the Web3 industry. Boyaa aims to ‘deepen its presence in the Web3 industry, …
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has fined Meta (formerly Facebook) $ 220 million for alleged data privacy violations. The investigation centered on Whatsapp LLC and Meta’s failure to allow users to consent to the gathering and use of their data. The FCCPC said it imposed the fine in accordance with the …
Dylan Meissner, 31, of Westport, has pleaded guilty to fraud in Hartford federal court, the U.S. Department of Justice (DOJ) announced. Meissner, a former Vice President of Finance at a cryptocurrency research firm, admitted to stealing over $ 4 million from his employer. Starting in January 2022, Meissner secured a $ 170,000 loan …
Wazirx co-founder Nischal Shetty has updated the public on the $ 230 million security breach affecting the Indian crypto exchange. The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating with other exchanges. “This is an unprecedented attack on one of the largest crypto exchanges …
The digital asset security platform Cyvers Alerts disclosed on July 19 that Rho Markets’ liquidity layer on Scroll had been exploited after hackers took control of an oracle access control. Cyvers reported that the attacker held $ 7.6 million across multiple chains, with USDC and USDT pools among the affected assets. Shortly after detecting …
Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $ 230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen funds. Meanwhile, Liminal Custody has insisted that its platform remains secure and that …
The Winklevoss twins, Tyler and Cameron, founders of Gemini and Winklevoss Capital, have donated $ 1 million to support the campaign of pro-crypto candidate John Deaton in the state of Massachusetts. Both stated that their goal with this donation is to help Deaton beat Sen. Elizabeth Warren, who has an anti-crypto stance. On X, …
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $ 422.67 million in inflows on Tuesday, marking the highest single-day inflow since June 5. Blackrock’s IBIT led the pack, pulling in $ 260 million and boosting the fund’s BTC holdings to 322,125.41 BTC, worth over $ 20 billion. Massive Inflows into U.S. Spot Bitcoin …
Sentient Labs, a UAE-headquartered startup, has successfully raised $ 85 million in seed funding. The funding round was spearheaded by billionaire Peter Thiel’s Founders Fund and Pantera Capital, with additional participation from Framework Ventures. Sentient Labs stands out by merging decentralized blockchain features with cutting-edge AI technology, aiming to challenge existing norms and create …
Caliza, a fintech company headquartered in the U.S. but focused on Latam, has raised $ 8.5 million in a funding round led by Initialized, seeking to expand the reach of its foothold in Brazil. The company offers B2B solutions focusing on USDC, Circle’s regulated stablecoin, providing rails for easing cross-border payments for its customers. …
Ripple Labs has donated $ 1 million to the Commonwealth Unity Fund, a new super PAC established by pro-crypto attorney James Murphy, aiming to unseat Senator Elizabeth Warren with John Deaton in the Massachusetts Senate. Murphy also contributed $ 50,000. Ripple also recently committed $ 25 million to Fairshake, another pro-crypto super …
According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $ 8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $ 8 Million to Exploit On Tuesday, the onchain security firm Peckshield revealed that Lifi …