Tag: 115M

Biconomy Raises $11.5M in Public Sale of Native Token BICO

Multi-chain transaction network Biconomy has raised $11.5 million through the public sale of its native token BICO on CoinList. Biconomy, which raised $9 million in July from investors including Coinbase Ventures and Huobi Innovation Labs, follows projects such as Solana, Mina, Algorand and Flow in turning to CoinList to help sell their native tokens. The sale added 12,000 new token holders, having attracted more than 860,000 registrations, Biconomy announced Thursday. Biconomy aims to make developing decentralized apps (dapps) relatively easy by offering plug and play application programming interfaces (APIs) that…

Biconomy raises $11.5M through CoinList token sale

Multichain transaction network Biconomy has concluded a public token sale of its BICO cryptocurrency, onboarding more than 12,500 new tokenholders in the process, the company announced Thursday.  The public sale, which was facilitated by token listing platform CoinList, raised a cumulative $11.5 million. More than 850,000 people registered for the sale, which was the largest waitlist on CoinList to date. The sale took place on Oct. 14 via two options of 40 million and 10 million BICO tokens. BICO will be used to power Biconomy’s ecosystem as it vies to…

Billion-Dollar Asset Manager Stone Ridge Reveals $115M Bitcoin Allocation

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Stone Ridge’s recent announcement is a work in progress that started in 2017 when it came up with New York Digital Investment Group (NYDIG), its first independent subsidiary. As a surprise to many in the cryptocurrency space, Stone Ridge Asset Management has become the latest firm to reveal huge Bitcoin investments. The firm announced that it has been able to accumulate BTC worth $115 million. On October 13th, Forbes confirmed this news about Asset Management’s purchase of these coins but didn’t disclose when the deployment of the funds took place.…

University of California Falls Prey to $1.15M Crypto Ransom Scam

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It’s no secret that the crypto industry is rife with scams, hacks, and other nefarious activities, with the decentralized and private nature of many digital assets being conducive to these types of undertakings. The latest group to fall victim to one of these scams is a school within the University of California system, who paid an online gang $1.14 million to gain access to files that were encrypted due to malware that spread throughout their computer system. UC San Francisco Pays Cyber Gang $1.15 Million in Crypto  According to a…