Tag: Million

Midas Raises $50 Million to Build Instant Liquidity for Tokenized Assets – Crypto News Bitcoin News

boss

$50 Million Raise to Boost New Liquidity Layer for RWAs Midas has raised $50 million in a Series A round to expand its push into onchain investment infrastructure. The round was led by RRE and Creandum, with backing from a mix of crypto-native firms and traditional financial investors, including Coinbase Ventures and Franklin Templeton. Alongside the funding, Midas introduced its core product, Midas Staked Liquidity (MSL). This new layer is designed to provide instant liquidity for tokenized investment products, with an initial capacity of up to $40 million. The goal…

Pro-AI Group to Spend $100 Million on United States Midterm Elections – News Bytes Bitcoin News

boss

Innovation Council Action (ICA) announces a $100 million spending plan targeting the November 8 US midterm elections to back candidates who favor light-touch technology oversight. Led by former Trump aide Taylor Budowich, the group arrives as the industry prepares for a major legislative battle over the future of artificial intelligence (AI) governance. The group joins other organizations like Leading the Future, which raised $125 million, bringing total pro-AI political spending near $300 million this cycle. This massive financial influx aims to secure a single federal rulebook and prevent a patchwork…

World Foundation Completes $65 Million Over-the-Counter Token Sale – News Bytes Bitcoin News

boss

World Assets Limited, a subsidiary of Sam Altman’s World Foundation, has revealed it closed a series of Over-the-Counter (OTC) sales totaling $65,000,000 with four counterparties. The transactions occurred over the past week, with the initial settlement recorded on March 20, 2026. These sales facilitate project operations including Orb manufacturing, ecosystem development, and general research. The transactions involved an average price of $0.2719 per Worldcoin (WLD) token, with $25,000,000 of the total value subject to a strict six-month lockup period. Remaining settlements associated with these transactions originate from the official World…

Bitcoin ETFs Cap Week With $225 Million Outflow as Ether Hits 8-Day Slide – Markets and Prices Bitcoin News

boss

Bitcoin, Ether ETFs Deepen Losses as Weekly Selling Peaks The week did not end quietly. Instead, it closed with conviction, and not the kind bulls would have hoped for. Bitcoin ETFs recorded a steep $225.48 million in net outflows, marking one of the largest single-day withdrawals of the week. The selling was concentrated, but decisive. Blackrock’s IBIT accounted for the overwhelming majority, shedding $201.53 million alone. Bitwise’s BITB followed with $18.60 million in outflows, while Ark & 21Shares’ ARKB posted a smaller $5.35 million exit. There were no inflows to…

Saudi Arabia’s East-West Pipeline Hits 7 Million Barrels Per Day as Hormuz Closure Enters Fifth Week – Bitcoin News

boss

Hormuz Crisis Week Five: Saudi East-West Pipeline Now Global Oil Market Lifeline Saudi Aramco CEO Amin Nasser told analysts on March 10 that full capacity was days away. Bloomberg confirmed the pipeline hit that mark on March 28, 2026. The route runs from the Abqaiq oil processing hub in the east across the Arabian Peninsula to the Red Sea port of Yanbu. Aramco built it in the 1980s during the Iran-Iraq War for exactly this kind of contingency. In normal times, the pipeline carried between 1.7 and 2.8 million barrels…

97 Million Downloads and Growing Crypto Infrastructure From Bitgo to Coingecko – Crypto News Bitcoin News

boss

AI Tool Integration Just Got Standardized — MCP Downloads Cross 97 Million in March 2026 Anthropic open-sourced MCP on Nov. 25, 2024, alongside reference servers for Google Drive, Slack, Github, and Postgres, with native support built into Claude Desktop. Early adopters included Block and Apollo; IDEs such as Zed, Replit, Codeium, and Sourcegraph began integration within weeks. The protocol defines how AI models connect to external tools, databases, APIs, and workflows. An MCP host, such as Claude Desktop, ChatGPT, or VS Code Copilot, communicates with an MCP server, a lightweight…

Bitcoin ETFs See $171 Million Outflow as Ether Extends Losing Streak – Markets and Prices Bitcoin News

boss

Crypto ETFs Slide Again: Bitcoin, Ether ETFs Deepen Losses While Solana Also Slips Confidence continues to erode across crypto ETFs. What began as a mild pullback has now turned into a more persistent wave of outflows, with little sign of immediate reversal. Bitcoin ETFs recorded a sharp $171.22 million in net outflows, marking another difficult session for the asset class. The selling was broad and consistent. Seven funds posted redemptions, highlighting the depth of the pullback. Blackrock’s IBIT led the decline with $41.92 million in outflows, followed by Bitwise’s BITB…

Australia Fines Binance $6.9 Million Over Client Misclassification – Crypto News Bitcoin News

boss

Binance Hit With $6.9 Million Fine in Australia Case Binance’s Australian derivatives arm has been ordered to pay $6.9 million (A$10 million) after a federal court found serious failures in how it classified customers. The ruling marks one of the most significant enforcement actions against a crypto exchange in the country. The case stems from a lawsuit filed by the Australian Securities and Investments Commission (ASIC) in 2024. Regulators alleged that Binance Australia Derivatives misclassified a large portion of its users, exposing them to complex and high-risk crypto products without…

Australia Court Fines Binance $6.9 Million over Client Onboarding Failures

boss

An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products. The Federal Court of Australia has ordered Oztures Trading Pty Ltd, trading as Binance Australia Derivatives, to pay a 10 million Australian dollar ($6.9 million) penalty after the company admitted to misclassifying more than 85% of its Australian client base and exposing retail investors to high-risk crypto derivatives without required protections. The Australian Securities and Investments Commission (ASIC) said the affected group included 524 retail investors who were…

Firelight Hits 50 Million XRP Milestone as DeFi Protection Demand Surges – Crypto News Bitcoin News

boss

Rapid Adoption and Capacity Expansion Firelight, the onchain protection layer for DeFi, has surpassed 50 million XRP staked on its protocol. The achievement follows several large-scale deposits exceeding 1 million XRP each and a newly expanded deposit cap of 65 million FXRP. According to a media statement, demand for Firelight’s vaults was so strong that its initial 25 million FXRP ceiling was filled within six hours. The new cap is reportedly already more than halfway subscribed. Built on the Flare Network, Firelight is one of the first platforms to combine…