Tag: 123M

This Whale Bought $123M in ETH, Triggering FOMO

Ethereum (ETH) is looking at potential FOMO (fear of missing out) from retail investors due to the latest whale accumulation. According to data from Arkham, a crypto wallet activated on July 25, has purchased over $133.3 million in various altcoins — including ETH, BLUR, and STRK, among others — since its creation. Ethereum has the largest share, worth $123.5 million at the reporting time. ETH is currently trading at $3,770 with a market cap of $455.9 billion. The owner used the two largest stablecoins, USDT and USDC, to accumulate the…

How a $123M crypto scam in Australia laundered millions through a ‘legit’ business

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How Australian authorities uncovered a $123-million crypto fraud Australian authorities exposed a crypto crime organization that allegedly laundered $123 million. Four suspects are charged in connection with the scheme. The discovery is the outcome of an 18-month crypto investigation by Australian authorities. Members of the Australian Federal Police, Queensland Police Service and Australian Criminal Intelligence Commission, along with many other agencies, joined forces to investigate suspicious transactions back in December 2023. The collaborative entity, Queensland Joint Organized Crime Taskforce (QJOCTF), trailed the money flows of a ring member and found…

Zerion Raises $12.3M to Facilitate Interoperable Web3 Identity

CryptoX – Cryptocurrency Analysis and News Portal Zerion, originally a DeFi platform, has amassed over 200,000 monthly users since the initial release of its wallet to the public in May. It aims to help users take their data across decentralized applications on 10 different Ethereum-compatible chains, including Arbitrum, Polygon, Fantom and others. Original Source The post Zerion Raises $12.3M to Facilitate Interoperable Web3 Identity appeared first on CryptoX. CryptoX Portal

Slide Raises $12.3M to Connect New Crypto Users to Web3 Apps

New York-based Slide was founded earlier this year by Farman-Farmaian, a former product lead at Coinbase, and Sam Hatem, who previously worked as a blockchain developer at event-betting platform Polymarket. Slide came out of stealth mode alongside the funding round in a closed launch working with a select handful of partners. The company expects to have a full, open launch by the end of the year, said Farman-Farmaian. Source