Tag: Million

Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTC – Featured Bitcoin News

boss

The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s crypto holdings to 129,218 bitcoins. Microstrategy Purchases More Bitcoin for Its Treasury The Nasdaq-listed software company Microstrategy has acquired more bitcoin through its subsidiary, Macrostrategy. CEO Michael Saylor tweeted Tuesday: Macrostrategy has purchased an additional 4,167 bitcoins for ~$190.5 million at an average price of ~$45,714 per bitcoin. As of 4/4/22 Microstrategy hodls ~129,218 bitcoins acquired for ~$3.97 billion at an average price of ~$30,700 per bitcoin. At the time of writing, the…

Feds Seize $34 Million in Crypto From Unidentified Florida Man – Bitcoin News

boss

On April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet markets, selling online account information tied to people’s Netflix, HBO, and Uber accounts. DOJ Seizes $34 Million in Digital Assets From Florida Resident Accused of Selling Stolen Online Information via the Deep Web The DOJ and U.S. Attorney’s Office of South Florida…

19 Million Bitcoin Have Been Mined Into Circulation, 2 Million Left to Be Found – News Bitcoin News

boss

On April 1, 2022, records show that 19 million bitcoin have been mined into circulation. With the max supply set at 21 million, there’s only two million bitcoins left to be found by mining participants. Satoshi’s Mathematical and Predictable Design — 19 Million Bitcoins Have Been Issued The Bitcoin (BTC) network reached a milestone on Friday, April 1, 2022, after records show that 19 million bitcoin have been mined. The watershed moment occurred at block height 730,034 and now there’s only two million left to be mined. At block height…

1.2 Million ETH Exited Exchanges Recently

boss

Ethereum on-chain data shows more than 1.2 million ETH has exited exchanges over the past two weeks, a sign that could be bullish for the price of the crypto. Ethereum Exchange Reserve Has Observed Significant Decline In The Last Couple Of Weeks As pointed out by an analyst in a CryptoQuant post, the ETH exchange reserve has lost over 5% in value in just the last fourteen days. The “all exchanges reserve” is an indicator that measures the total amount of Ethereum present in wallets of all centralized exchanges. When…

Bitcoin hits the 19 million milestone

boss

The 19th millionth Bitcoin (BTC) was mined on Friday, a landmark occasion for the number one cryptocurrency. Nineteen million Bitcoin are now in circulation, with just 2 million Bitcoin yet to be minted (or mined) until roughly the year 2140.  In block 730002, mined by SBI Crypto, the 19 millionth Bitcoin entered circulation. SBI Crypto earned ‎6.32 BTC, roughly $293,000 for the trouble in transaction fees and block reward.  A momentous occasion, the Bitcoin community was quick to celebrate the milestone event. The 19,000,000th bitcoin was just mined. Only 2 million more…

Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability – Finance Bitcoin News

boss

Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to $1 billion and the funds will be leveraged to develop cross-chain decentralized applications (dapps) powered by Layerzero. Layerzero Raises $135 Million From Andreessen Horowitz, FTX Ventures, Sequoia Capital On March 30, 2022, the company Layerzero Labs announced it had secured $135 million in a Series A+ funding round.…

Composable Finance Raises $32 Million in Series A

boss

Composable Finance is pleased to announce that it has raised $32 million in Series A funding. The round included notable investors in the space. GSR, Tendermint Ventures, Fundamental Labs, Coinbase Ventures, LongHash Ventures, Figment VC, New Form Capital, Blockchain Capital, Yunt Capital, Jump Capital, Polytope Capital, NGC Ventures, SOSV, and Spartan Group were among those who participated. This latest round of funding marks another step in Composable’s journey to build and launch what it believes to be the final missing “LEGO” building block in the Web3 and DeFi technical stack:…

US$600 million in Stolen Cryptocurrency – Good Luck Spending It 

boss

Given the sheer volume of blockchain protocols, bridges have become a necessary but increasingly vulnerable means by which users can use different cryptocurrencies across different networks. While Axie Infinity’s token did take a hit in the immediate aftermath of discovering the hack, it’s since recovered, with Axie Infinity’s creator Sky Mavis, “fully committed” to reimbursing players who were victims of the hack.   Over US$600 million in cryptocurrency was stolen from the Ronin network, a blockchain closely associated with the popular game Axie Infinity. Although the hack occurred on March…

Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups – Finance Bitcoin News

boss

On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups The blockchain-focused venture capital firm Gumi Cryptos Capital (GCC) has announced the launch of a $100 million fund that will be focused on blockchain concepts like decentralized finance (defi), game finance (gamefi), Web3, and other types…