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Crypto News

Trading Technology Provider BlockFills Raises $37M For Expansion

BlockFills, a Chicago-based digital asset trading technology company, has raised $37 million in Series A round to fuel its expansion plans. The funding round was led by a number of institutional investors like Susquehanna Private Equity, CME Ventures, Simplex Ventures, C6E, Nexo Inc, and others. BlockFills aims to be a one-stop shop for financial institutions […]

Crypto News

Crypto.com Says Hackers Stole Nearly $34M From Users

Cryptocurrency exchange Crypto.com said that hackers stole nearly $34 million during the Jan. 17 hack. The Singapore-based exchange, in an update on Thursday, acknowledged that the unauthorized withdrawals totalled 4836.26 ether ($15.2 million), 443.93 bitcoin ($18.7 million) and $66,200 in U.S. Dollars. On-chain data from PeckShield had previously suggested that 4,600 ether had been stolen […]

Crypto News

UnionBank of the Philippines Picks IBM and Metaco for Crypto Custody

“Think of all the tier-one banks in the market, they’re probably all IBM clients, many of them strategic clients,” said Donoghue in an interview. “They can leverage the existing stack, existing run capabilities to manage Metaco vaults directly from existing infrastructure. And we have a number of other similar deals in the pipeline, leveraging our […]

Crypto News

Multichain Hack Worsens as Loss of Funds Reaches $3M: Report

The saga started earlier this week when Multichain instructed its users to remove approvals for six tokens, warning that otherwise their assets would be exposed to a security vulnerability. The tokens were WETH, PERI, OMT, WBNB, MATIC and AVAX. Multichain tweeted on Tuesday that hackers had siphoned about $1.4M in wrapped ether from users.

Crypto News

Bitcoin Slides Under $42K; Altcoins Fall

Bitcoin continued to slide, falling under $42,000. The largest cryptocurrency by market capitalization has been languishing well off last week’s high as investors worry about dicey macroeconomic conditions, including supply chain issues, the ongoing coronavirus pandemic, rising inflation and a slump in technology markets.

Crypto News

The Balance Between Art and IP Theft in NFT Culture

The most popular show in Netflix history, “Squid Game,” earned an estimated $900 million for the streaming company. And the producers are not stopping there. They are gearing up for even more revenue as they look towards season two and have secured more than two dozen trademarks for the property as they tee up a […]

Crypto News

MLB NFTs on Candy Digital Clock $2.7M in Marketplace Debut

The trading volume, for now, rivals that of Dapper Labs’ NBA Top Shot, which has seen roughly $2 million in sales each day of January, a representative told CoinDesk. The sales figures offer another glimpse at an NFT market that has weathered a general downturn in crypto prices from 2021’s frothy highs. NFT marketplace OpenSea, […]

Crypto News

Bitcoin Stabilizes; Analysts See Relative Value in Altcoins

“Despite major developments in the bitcoin market, the current market narratives continue to lean towards emerging developments outside Ethereum and Bitcoin, namely Ethereum competitors, scaling solutions and OpenSea alternatives,” 21Shares, a crypto investment firm, wrote in a report.