Million

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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ETF Aftermath? Over $300 Million in Liquidations as Bitcoin (BTC) Dumps by $3K in Minutes

ETF Aftermath? Over $300 Million in Liquidations as Bitcoin (BTC) Dumps by $3K in Minutes

Bitcoin soared past $49,000 hours ago after the first ETFs reached the US market but plummeted by over three grand in the following minutes. This resulted in a lot of pain for over-leveraged traders, as the total value of liquidated positions has soared to well over $300 million on a daily scale. January 10, 2024,

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Over 385 Million USDT on Ethereum Stolen via Pig Butchering in Just Two Years + More News

Over 385 Million USDT on Ethereum Stolen via Pig Butchering in Just Two Years + More News

Source: AdobeStock / Dang Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Over 385 Million USDT on Ethereum Stolen via Pig Butchering in Just Two Years MoonPay Launches MoonPay Checkout Which Bitcoin Miners Will Face Most Uncertainty Post-Halving? KuCoin

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CoinList to Pay OFAC $1.2 Million in Settlement Over Allegations of Violating Sanctions

CoinList to Pay OFAC $1.2 Million in Settlement Over Allegations of Violating Sanctions

Cryptocurrency exchange and token listing platform CoinList agreed to pay the Office of Foreign Assets Control (OFAC) of the United States Department of Treasury over $1.2 million in settlement relating to violations of the agency’s Russia/Ukraine sanctions. According to OFAC, while CoinList mostly abided by several compliance measures, the platform still opened accounts for users

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KuCoin to Exit New York and Pay $22 Million in Settlement Deal: Report

KuCoin to Exit New York and Pay $22 Million in Settlement Deal: Report

Major crypto exchange KuCoin has reportedly settled with New York authorities to stop offering its services in the local market, along with a payment of $22 million. The settlement deal comes months after the New York Attorney General (NYAG) sued KuCoin for selling unregistered securities to users in the state. KuCoin Leaves New York According

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Riot Platforms Buy $291 Million In Mining Rigs, Locks In Price For Even More

Riot Platforms Buy $291 Million In Mining Rigs, Locks In Price For Even More

Riot Platforms is one of the leading cryptocurrency mining companies with a steady stream of income. A Well-Grounded Company The company’s strength lies in the sheer scale of operations, which allows it to drive down the cost of mining Bitcoin by virtue of its immense processing power. Although it faced a significant downturn during crypto

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