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$20 Million $ROAM Airdrop and The Roam Miners Function Introduction

$20 Million $ROAM Airdrop and The Roam Miners Function Introduction

[PRESS RELEASE – Vancouver, Canada, September 2nd, 2024] On August 6th, Roam announced a 20 million $ROAM token airdrop for all users who owned miners and NFTs prior to the Token Generation Event (TGE). This airdrop initiative offers substantial incentives to early network supporters. To qualify for this airdrop reward, users need to register their […]

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Aussies Lose $122 Million to Crypto Scams, With Younger Victims Now Leading

Aussies Lose $122 Million to Crypto Scams, With Younger Victims Now Leading

Australians reportedly lost at least AUD 180 million (approximately $122 million) to cryptocurrency investment frauds over the past year. Victims under 50 now make up around 60% of scam reports, overtaking older Australians, who are typically considered more vulnerable to such projects. Crypto-Based Investment Scams in Australia The data, gathered by the Australian Cyber Security

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$55 Million in DAI Stolen From This Crypto Whale via Phishing Attack

$55 Million in DAI Stolen From This Crypto Whale via Phishing Attack

On Tuesday, a cryptocurrency whale suffered a loss, with approximately $55.4 million worth of Dai stablecoin stolen in a phishing attack. According to the blockchain security firm CertiK, the attacker likely used a phishing tool known as Inferno Drainer to gain access to the whale’s externally owned account (EOA). Inferno Drainer Phishing Attack The incident

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Kelp DAO Secures $9 Million in Private Sale for Restaking Innovations

Kelp DAO Secures $9 Million in Private Sale for Restaking Innovations

[PRESS RELEASE – Dubai, UAE, May 22nd, 2024] Kelp DAO, a liquid restaking platform, today announced the closure of a $9 million private sale round, a milestone in its mission to enhance decentralized finance (DeFi) and the restaking landscape. SCB Limited (a proprietary trading firm based in the Bahamas) and Laser Digital (Digital asset arm

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Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi

Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi

Last updated: May 2, 2024 08:19 EDT | 1 min read In April 2024, Web3 saw a loss of over $53 million to hackers across 21 incidents, a 46% decrease when compared with the previous period, found the latest report by the crypto-focused bug bounty platform Immunefi. To be more precise, $53,074,827 was lost to

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Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY

Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY

Last updated: April 19, 2024 01:16 EDT | 2 min read The Ethereum network reported a robust income of $365 million in the first quarter of 2024, an impressive year-on-year revenue growth of 155%.  According to a report by Michael Nadeau, an analyst at The DeFi Report, Ethereum’s Q1 income represents a staggering 200% increase compared

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$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup

$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup

Last updated: March 9, 2024 04:04 EST | 2 min read Source: PixabayA well-funded political action committee (PAC) backed by prominent figures in the cryptocurrency industry has set its sights on key Senate races, with the goal of potentially shifting the balance of power in Congress.  The PAC, called Fairshake, recently spent over $10 million

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Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals

Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals

Last updated: February 23, 2024 15:27 EST | 2 min read Image by Luisa, Adobe StockBitcoin mining operation Riot Platforms made over $280 million last year alone, the company’s 2023 annual report released Thursday, February 22, reveals. Riot Platforms’ Record Performance “I am pleased to announce results for Riot for 2023, which proved to be

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BlockDAG Raises $1 Million in Presale and Announces $2 Million Giveaway

BlockDAG Raises $1 Million in Presale and Announces $2 Million Giveaway

[PRESS RELEASE – London, UK, February 14th, 2024] Layer1 blockchain BlockDAG has announced that it has raised $1M in its ongoing presale and shared details of a $2M giveaway. The $1M total was raised in the first day of the presale, which has given the public their first opportunity to acquire BDAG tokens. BlockDAG is

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Bitcoin ETFs Net $255 Million Daily Inflows As Grayscale Sell-off Cools

Bitcoin ETFs Net $255 Million Daily Inflows As Grayscale Sell-off Cools

Last updated: January 30, 2024 05:56 EST | 1 min read Source: DALL·EU.S. Bitcoin ETFs met a tsunami of inflows on Monday as Bitcoin (BTC)’s price came roaring back above $43,000. The asset absorbed $255 million of net flows across all ten publicly traded spot ETFs that launched on January 11. That even factors in

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