Tag: Million

NFT Sales Jumped 22% Higher This Month With $568 Million in NFTs Sold Across 20 Blockchains – Markets and Prices Bitcoin News

Non-fungible token (NFT) sales have shown improvement during the last month as 30-day statistics show NFT sales are up 22.37% higher than the month prior. During the last seven days, NFT sales are up 5.13% higher than the week before. Additionally, over the last two days, the floor value of Bored Ape Yacht Club (BAYC) NFTs managed to jump above the floor value of Cryptopunks NFTs by more than four ethereum. NFT Sales Improved in November, Rising 22% Higher Than October’s Sales — BAYC Floor Surpasses Cryptopunks Roughly two weeks…

Cardano Registers Milestone With Over 7 Million Native Tokens

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Cardano (ADA) has failed to take advantage of a significant network milestone it recently achieved as the digital asset continues to struggle in pushing its price to higher levels. At the time of this writing, the cryptocurrency was changing hands at $0.3060 and has gone down by almost 3% during the last 24 hours according to data from Coingecko. This comes as a surprise as the project’s blockchain is in the midst of celebrating the accomplishment of having more than 7 million native assets that have been created on it.…

Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand

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Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company is eyeing ‘exponential’ growth in demand for ETH staking services from institutional clients in the future. Kiln is a software-as-a-service provider focused on enterprise-grade staking solutions across 16 different proof-of-stake blockchain protocols. Its infrastructure enables users to stake on-chain while maintaining asset custody on separate solutions as well as cloud platforms and validator clients. An announcement shared with Cointelegraph outlined growing institutionalization of cryptocurrency staking as a trend…

Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding – Bitcoin News

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Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion. Matrixport Looks to Raise $100 Million From Strategic Investors The digital asset firm and crypto lender Matrixport is targeting $100 million from strategic investors, according to a story first reported by Bloomberg. The Singapore outfit was founded in 2019 by billionaire and former Bitmain CEO Jihan Wu. The financial…

Bitcoin addresses holding at least 1 BTC close in to a million

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Smaller wallet addresses in the Bitcoin (BTC) ecosystem continue accumulating BTC despite market turmoil. The number of known addresses on the Bitcoin blockchain that hold 1 BTC or more has hit a new all-time high. According to blockchain analytics company Glassnode, the number of wallets holding at least 1 BTC or more reached 950,000. Bitcoin balances of 1 BTC or more has surged since November. Source: Glassnode Bitcoin podcast host Jake Woodhouse told Cointelegraph that “To the untrained eye, the price of something reflects the value. However, price action should…

Bitcoin Rebounds, Coinbase Confirms Holding 2 Million BTC – Market Updates Bitcoin News

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Bitcoin moved back above $16,000 on Nov. 23, as markets continued to react to the news that Coinbase holds 2 million bitcoin worth $39.9 billion. Centralized exchanges continue to face scrutiny following the collapse of FTX, with many moving to showcase their proof of reserves. Ethereum was also higher, with the token moving back towards $1,200 today. Bitcoin Bitcoin (BTC) rebounded from recent declines on Wednesday, as markets were boosted by the news that Coinbase has 2 million BTC in its reserves, as of the end of Q3. Following a…

Estonia, US Arrest 2 Suspects in $575 Million Crypto Fraud Scheme – Bitcoin News

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Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and a fake virtual currency bank, laundered their proceeds, spent on cars and real estate, and donated to a politician. Estonian Police, FBI Detain 2 Crypto Fraudsters in Joint Operation Two Estonian citizens, suspected of fraud involving cryptocurrency and money laundering, have been arrested by the Estonian National Criminal Police and the U.S. Federal Bureau of Investigation (FBI). The United States…

Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’ – Bitcoin News

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According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX’s turbulent collapse. Coinbase Co-Founder Shares Company’s Q3 Shareholder Letter — Says as of Sept. 30, Firm Holds 2 Million Bitcoin Two days ago, Bitcoin.com News reported on Binance’s exchange reserves and at the time the trading platform had close to 600,000 bitcoin, according to cryptoquant.com metrics. As of Nov. 20,…

Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils – Exchanges Bitcoin News

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Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the company’s senior executives, quoted documents have revealed. Bankman-Fried’s Parents Trying to Return Vacation Home to FTX FTX, the parents of its founder and CEO Sam Bankman-Fried (SBF), and top executives of the insolvent cryptocurrency exchange have bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, Reuters reported, citing property…

Avalanche TVL Hits 271 Million AVAX, After Weeks Of Setbacks

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Some cryptocurrencies, including Avalanche (AVAX), saw modest gains even as the overall market suffered from a prolonged downturn. To date, AVAX TVL has gone up from 120.11 million to 123.7 million, an increase of approximately 3% as of press time. AVAX Daily, a Twitter account that monitors the Avalanche protocol, also posted this. An increase of 270,611,568 AVAX was reported in the latest update for TVL. The same was also supported by a chart created by DeFiLlama (chart below). It’s good that AVAX is making progress, but is it safe…