Bitcoin and ether (ETH) briefly inched above $68,500 and $3,700, respectively, as euphoria from multiple catalysts continued into its second week. But profit-taking began in early Asian hours, with bitcoin falling to as low as $64,500 before regaining the $67,000 level. Original
Tag: 90M
Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations
Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level. It then fell as low as $45,400 as the tweets were found to be fake. Source
Ether Whale Moves Nearly $90M ETH to Kraken Exchange
The “whale,” a term for a large holder of any token, deposited 39,260 ether to Kraken in Asian morning hours, blockchain data shows. The address previously received 47,260 ether, worth just over $11 million at the time, from one transaction in 2017. Source
Hong Kong’s crypto exchange OSL receives $90m in funding
BGX Group will invest 710 million HK in BC Technology Group, the parent company of Hong Kong’s first licensed crypto exchange, OSL. BGX Group, a division of the Bitget exchange, has recently declared its intent to invest in BC Technology Group. This company is notably recognized as the parent corporation of OSL, Hong Kong’s first licensed digital currency exchange. BGX’s investment in BC Technology is particularly interesting because Shawn Liu, the founder of Bitget, currently holds the largest share in BC Technology. Earlier this week, Bitget withdrew its application to…
Owner of Hong Kong crypto exchange OSL secures $90M investment
BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has announced a significant investment from industry firm BGX. BC Technology entered into a partnership with BGX, which agreed to subscribe for shares in BC Technology for an investment of about 710 million Hong Kong dollars ($90.1 million), the firms said in a joint announcement on Nov. 14. This strategic investment will involve the subscription of new shares under a specific mandate, subject to approval by shareholders, the announcement notes. According to the firms, the investment marks…
$90M in stolen crypto seen shifting
A hacker dubbed the “Blockchain Bandit” has finally woken from a six-year slumber and has started to move their ill-gotten gains. According to Chainalysis, around $90 million in crypto pilfered from the attacker’s long-running string of “programmatic theft” since 2016 has started moving over the past week. This included 51,000 Ether (ETH) and 470 Bitcoin (BTC), worth around $90 million leaving the Bandit’s address for a new one, with Chainalysis noting: “We suspect that the bandit is moving their funds given the recent jump in prices.” The hacker was dubbed…
DeFi Protocol Thena Sees Total Value Surge to $90M in a Week
Thena, a liquidity layer and decentralized exchange (DEX) on the BNB chain, has experienced an uptick in total value locked (TVL) from $5 million to $90 million since its launch last week. Source
Dogecoin Futures Rack Up Nearly $90M in Liquidations Over Weekend in Unusual Move
Dogecoin liquidations were the highest among all cryptocurrencies in the past 24 hours at over $27 million. Futures tracking ether and bitcoin, which usually see the largest figures, racked up a relatively lesser $14 million and $12 million in losses respectively. Source
TON Foundation Raises $90M for New Ecosystem Fund
The stewards of the TON have raised $90 million for a new ecosystem fund continuing its recent flurry of activity to get the Telegram-founded blockchain project back into gear. Source
Aurora launches $90M fund to finance DeFi apps on Near Protocol
Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has launched a token fund worth $90 million. The fund was launched today in partnership with Proximity Labs and will be focused on financing decentralized finance (DeFi) applications on the Near protocol. Near Protocol is a DApp platform that focuses on usability among developers and users. As an emerging layer-1 competitor to Ethereum, Near Protocol is also smart-contract capable and runs a proof-of-stake consensus mechanism. Funding was provided by Aurora Labs, which allocated…