Tag: Million

Nigerian Blockchain Firm Bitmama Closes $2 Million Pre-Seed Funding Round

Bitmama, a blockchain startup based in Nigeria, announced that it has closed its pre-seed funding round at $2 million after it recently added $1.65 million to the $350,000 that it raised in October last year. Africa-focused venture capital firms Unicorn Growth Capital and Launch Africa led the investment in Bitmama. Other firms that also participated in the funding round include existing and new investors like Adaverse, Flori Ventures, Tekedia Capital, GreenHouse Capital, ODBA, Five35 Ventures, Chrysalis Capital, Enrich Africa, Thrive Africa, Angellist Ventures, as well as angel investors, such as…

Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round โ€“ Africa Bitcoin News

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After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa. New Funding to Help Bitmama Scale Up Crypto Use Cases in Africa A Nigeria-based blockchain startup, Bitmama, recently closed its pre-seed funding round at $2 million after it added $1.65 million to the $350,000 that was raised in October last year. According to a Techcrunch report, the…

Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million โ€“ Finance Bitcoin News

Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From Strategic Investors Animoca Brands has raised another $110 million this month after the company secured $100 million from Temasek and others, at the end of August. The latest capital raise, announced on September 8, explains that Temasek, Boyu Capital, and GGV Capital led the round,…

Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability โ€“ Bitcoin News

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Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Suiโ€™s infrastructure and core, hiring in the Asia Pacific area for this task. Mysten Labs Reaches $2 Billion Valuation in Series B Funding Round Mysten Labs, a company founded by Metaโ€™s former employees that worked…

CleanSpark acquires mining facility in Georgia for $33 million

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Crypto mining firm CleanSpark announced an agreement on Friday to acquire Mawson’s Bitcoin mining facility in Sandersville, Georgia for $33 million. The deal is anticipated to increase CleanSpark’s hash rate by 1.4 exahashes per second (EH/s) in the next few months, and to 7.0 EH/s by the end of next year. As part of the agreement, 6,468 last-generation mining ASICs will be purchased for $9.5 million, or $17 per terahash. “These machines, already operating at the acquired site, will add over 558 petahashes per second (PH/s) of computing power immediately…

Ethereum Rise Over $1,600 Liquidated Over 100 Million In Last 24 Hours

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The general crypto market has seen some positive price rally in 24 hours. Many of the coins are trading in greens, including Ethereum with its 7.86% gains and Bitcoin with a 2.89% surge.ย  Other altcoins such as PancakeSwap CAKE, SHIB, Ethereum Classic ETC, and Tether USDT are also in the greens. For instance, CAKE gained 3.6%, SHIB soared by 1.56%, while ETC recorded a good 8.38 price growth.ย  Related Reading: Central Bank Chairs Push Bitcoin Price To The Downside, Will BTC Bounce Again? Currently, the ETH price is at $1,635ย …

US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers โ€“ Featured Bitcoin News

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Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. โ€œThis marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and weโ€™re confident it wonโ€™t be the last,โ€ the firmโ€™s director of investigations said. $30 Million in Seized Crypto Linked to North Korea Erin Plante, a senior director of investigations at blockchain data analytics firm Chainalysis, revealed Thursday at the Axiecon event that authorities have seized millions of dollars in cryptocurrency from…

Law enforcement recovers $30 million from Ronin Bridge hack with the help of Chainalysis

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On Thursday, blockchain forensics firm Chainalysis said that law enforcement had recovered $30 million in crypto stolen from the $625 million Ronin Bridge hack in March. According to Chainalysis, Lazarus Group, the North-Korea linked entity behind the attacks, first used sophisticated money-laundering techniques such as sending stolen Ether (ETH) to crypto-mixer Tornado Cash, swapping it for Bitcoin (BTC), sending theBitcoin to Tornado Cash, and then cashing out at exchanges. However, the group recently moved away from such techniques after the U.S. Department of Treasury imposed sanctions on Tornado Cash wallet…

The REAL REASON Bitcoin Will Hit $500,000 Per Coin By 2030 (NOT CLICKBAIT)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Why is Bitcoin valuable? What will a crypto be worth in 2030? What could kill Bitcoin? Today we do a deep dive on largest cryptocurrency and discuss its road to $500,000 ๐Ÿ‘‹ SLAP THE LIKE BUTTON! ๐Ÿ”ต Crypto Expert Gives SHOCKING Bitcoin Prediction for September | Eric Crown ๐ŸŸฃ Crypto Expert Predicts 12k Bitcoin THIS YEAR | Gareth Soloway ๐Ÿ”ด Kevin Smith Makes Crypto History with First Ever NFT Film (Huge Moment) ๐ŸŸ  Mark Cuban EXPOSES The Crypto Market in 2022 |…

Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million โ€“ Mining Bitcoin News

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The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects the machines to be delivered to the companyโ€™s facilities by the end of October or early November 2022. Cleanspark Inks Deal with Cryptech Solutions โ€” Purchases 10,000 New Antminers Bitcoin miner Cleanspark (Nasdaq: CLSK) has announced it has inked a deal with Cryptech Solutions in order to acquire 10,000 Bitmain Antminer S19j Pro bitcoin mining rigs. The news follows Cleanspark…