Tag: 12M

UK-Based Fiinu Discloses £12M Purchase of Foreign Exchange Brokerage Firm Everfex

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Fiinu has announced the proposed acquisition of foreign exchange brokerage Everfex P.S.A. in a transaction valued at up to £12 million. Under the terms of the agreement, Fiinu will issue 80 million new ordinary shares to Granicus Holdings O.Ü, the sole owner of Everfex, at a price of 10 pence per share, equating to an initial consideration of £8 million. An additional £4 million may be payable if Everfex meets certain performance targets after 1 January 2026. This further consideration would be settled via 20 million new Fiinu shares at…

Snoop Dogg’s NFT Telegram Collection Raises $12M In 30 Minutes

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Hip Hop legend Snoop Dogg released a nearly 1 million non-fungible token (NFT) collection on Telegram, which sold out in minutes. The launch created massive interest online and raised over $10 million in sales. Related Reading Snoop Dogg’s Telegram Drop Raises $12 Million On Wednesday, Snoop Dogg launched digital collectibles on Telegram, igniting an NFT frenzy on the platform. The collection offered unique NFTs inspired by the rapper’s style, including multiple marijuana-themed collectibles, anthropomorphic beagles, and vintage cars. The drop is part of Telegram’s Collectible Gifts, unique works of art…

Solana Staking ETF Blasts Off: $12M on Day One

Key Notes The REX-Osprey Solana Staking ETF (SSK) debuted with $12 million in inflows and $33 million in trading volume. Solana’s price is consolidating within a symmetrical triangle pattern, targeting highs of $194–$305. CME SOL futures hit an open interest at $167 million, and analysts forecast a 95% chance of a spot SOL ETF by year-end. The United States’ first Solana staking exchange-traded fund (ETF) — the REX-Osprey Solana Staking ETF (SSK) — roared into its debut with $12 million in inflows and $33 million in trading volume on its…

Cork Protocol suffers $12M smart contract hack

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Cork Protocol, a decentralized finance (DeFi) platform, was hit by a smart contract exploit on May 28, resulting in the loss of roughly $12 million in digital assets. Cybersecurity firm Cyvers said the hack occurred at 11:23:19 UTC and was funded by an address ending in “762B.” According to the firm, the attacker used the exploit to steal roughly 3,761 Wrapped Staked Ether (wstETH), which was converted to Ether (ETH) almost immediately after the attack. “We are investigating a potential exploit on Cork Protocol and are pausing all contracts. We…

Ethereum’s Remittix Soars Past $12M In Presale As Investors Draw Comparison To Payments Giant XRP

PRESS RELEASE. ETH stands as the second-largest cryptocurrency by market cap, and its well-established ecosystem continues to be a hotbed for innovation. Building on this powerful network, Remittix has emerged as a PayFi contender, recently surpassing $12 million in presale funds. Investors are now buzzing about the project’s real-world applications and likening its potential to […] Source CryptoX Portal

Ross Ulbricht Wallet Woes: Accidental Transaction Tanks Pumpfun Coin By $12M

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Ross Ulbricht, the founder of the notorious Silk Road marketplace, recently made headlines again—not for his controversial past or his pardon by former President Donald Trump, but for a staggering $12 million loss incurred while trading a memecoin on the platform Pump.fun.  Ross Ulbricht $12 Million Mistake On January 29, Ulbricht, or an individual with access to his Solana wallet, reportedly attempted to manage liquidity for ROSS tokens, a meme coin created by his supporters to raise funds following his release.  Ross Ulbricht received 50% of the total supply of…