Bitcoin Miner Cango Dumps $305 Million in BTC to Fuel AI Pivot
In brief Bitcoin miner Cango (CANG) sold 4,451 BTC or about $305 million worth this weekend. The firm used the proceeds to repay a BTC-backed...
Tag : Million
Kraken Launches 3% Deposit Match on Cash and Crypto Up to $1 Million
Kraken has a great offer for users in February. The crypto exchange has rolled out a new incentive program that offers a flat 3% match...
Justin Bieber Paid $1.3 Million for a Bored Ape NFT. It's Now Worth $12K
In brief Pop music icon Justin Bieber paid $1.3 million worth of ETH for a Bored Ape Yacht Club NFT in 2022. The NFT now...
Vitalik Buterin Moves $29 Million Worth of Ethereum—Here's Why
In brief Buterin converted 13,217 ETH to wETH, reducing his balance from 241,000 to 227,268 ETH worth approximately $498.5 million. The move supports the Ethereum...
Galaxy Digital Shares Dive Following $482 Million Q4 Loss
In brief Galaxy’s investment portfolio value fell $449 million in Q4. The company highlighted a stable value for its loan book. Galaxy shares hit their...
Zcash Price Prediction: $16 Million Bets on a Crash – Is ZEC About to Get Wrecked?
More than $16 million in short-side leverage now outweighs longs by roughly two to one, creating a bleak outlook for near-term Zcash price predictions. Speculative...
Blank Check Firm Linked to Crypto Exchange Kraken Raises $345 Million in Upsized IPO
In brief A Kraken-affiliated SPAC completed its IPO this week and raised $345 million. The firm, KRAKacquisition Corp, is now trading on the Nasdaq as...
Japan's Biggest Bitcoin Treasury Firm Just Raised $137 Million to Buy Even More BTC
In brief Metaplanet closed a $137 million raise via 24.5M shares and 1-year warrants for Bitcoin purchases. The firm’s stock dropped from a $15.35 peak...
US Finalizes Forfeiture of $400 Million Tied to Helix Darknet Mixer
In brief Helix processed over $311 million in Bitcoin at the time, operating as an unregistered mixer. A judge entered a final forfeiture order in...
Ethereum's Oldest Crisis Reborn as a $220 Million Security Fund
In brief Roughly 75,000 ETH left over from unresolved DAO contracts will be redirected into a long-term security endowment. The initiative formalizes a plan set...