Tag: Million

US Crypto User Loses $3 Million to Hacker

Key Notes ZachXBT shared that a US crypto user has fallen victim to a scam that left his wallet with a $3 million hole. The hacker has transferred the funds through bridges and laundered them on OTC venues adjacent to Huione. Crypto scams are growing, with the US government and authorities devising crackdown models. Another crypto hacker is on a rampage and has now stolen $3 million in digital assets from a citizen of the United States. According to onchain investigator ZachXBT, the bad actor has swapped the siphoned funds…

Bitcoin Capitulation Intensifies As STHs Lose $750 Million Daily — Time To Buy The Dip?

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The price performance of Bitcoin over the past two weeks has been a major source of concern, as the coin’s value continues to drift away (about 15% down now) from its all-time high. As the flagship cryptocurrency slows down, the latest on-chain data suggests that a group of investors is exiting the market en masse. More Short-Term Holders Are Giving Up Their Holdings In an October 18 post on the X platform, on-chain analyst Darkfost revealed that a significant number of Bitcoin’s short-term investors have started to close their positions…

Stripe’s Tempo Blockchain Closes $500 Million Series A To Hit $5 Billion Valuation

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Striped-owned blockchain Tempo has now reportedly completed a Series A funding round, securing a total investment of $500 million. The funding round was led by prominent venture capitalist firms Greenoaks and Joshua Kushner’s Thrive Capital, representing the growing footprint of cryptocurrency in mainstream finance and global capital markets. Tempo’s Valuation Climbs To $5B After Funding Round In a new post on Friday, Fortune reports that Stripe’s Tempo has recorded a successful Series A funding, pushing the blockchain’s…

BNB Active Addresses Hit Record 3.6 Million – Analyst Explains Network Growth

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BNB has been one of the strongest performers in recent weeks, standing out even as the broader crypto market struggles to find stability. During this market downturn, key metrics continue to validate BNB’s sustained momentum and network expansion. According to data shared by analyst CryptoOnchain, the BNB Smart Chain (BSC) reached a historic milestone on October 13th, recording 3.62 million daily active addresses — the highest in its history. Related Reading This surge in on-chain activity comes after months of steady price appreciation that began in June and accelerated rapidly…

Arthur Hayes’ Maelstrom Targets $250 Million Private Equity Fund for Crypto Infrastructure Acquisitions

Key Notes Hayes’ family office plans to invest $40-75M annually in four to six companies providing essential cryptocurrency ecosystem services. The fund exclusively targets equity stakes in cash-generating blockchain infrastructure firms, avoiding token-dependent valuations. First close targeted for March 2026, attracting crypto investors, family offices, and institutional backers including pension funds. Arthur Hayes’ family office, Maelstrom, is raising at least $250 million for a new private equity fund to acquire medium-sized crypto infrastructure and data firms, according to Bloomberg. The fund will target companies providing essential services to the cryptocurrency…

Daylight Raises $75 Million To Bring Distributed Solar Power to Homes

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Daylight, a decentralized physical infrastructure network (DePIN) project focused on creating a distributed solar energy grid, has raised $75 million to expand its network of solar coverage in the United States.  Daylight offers solar power as a subscription-based service to customers, removing the high upfront cost of purchasing and installing panels and batteries, which can cost consumers over $30,000. The project’s testnet went live in 2024. The network generates revenue through its subscription-based energy service and by feeding excess energy back to the power grid. Customers share in the revenues…

Kraken Acquires CFTC-Licensed Small Exchange for $100 Million

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Kraken has acquired Small Exchange, a Commodity Futures Trading Commission (CFTC)-regulated Designated Contract Market, for $100 million, marking a major step in its plan to expand crypto derivatives offerings in the U.S. Small Exchange Deal Expands Kraken U.S. Derivatives Reach Kraken has taken another decisive step in its U.S. expansion by acquiring Small Exchange, a […] Source

Ether ETFs See $170 Million Inflow as Bitcoin ETFs Slip

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Investor sentiment diverged sharply midweek as bitcoin ETFs faced $104 million in outflows, while ether ETFs attracted $170 million in new capital, led by Blackrock’s ETHA. Bitcoin Funds See $104 Million Exit, Ether Stays in Green The exchange-traded fund (ETF) market took a turn midweek, with bitcoin products cooling off while ether ETFs pulled in […] Original