Binance, Kraken Lead Usual’s $10M Funding
Usual, a decentralized real-world asset (RWA)-backed stablecoin issuer, announced it has raised $10 million in a Series A funding round led by Binance Labs and Kraken Ventures. The funding, revealed…
MicroStrategy Adds $561M in Bitcoin
MicroStrategy, the largest corporate Bitcoin holder, announced Monday that it purchased an additional 5,200 BTC for $561 million. Funded by proceeds from selling 1.3 million shares, this marks the seventh…
HyperLiquid Faces Hacker Threats Amid Success
HyperLiquid, a decentralized exchange (DEX) and layer-1 blockchain known for its high-leverage trading, is facing a critical moment. On Monday, a sudden outflow of $60 million in USDC raised alarms,…
Ripple’s Legal Battle Reaches Crossroads
On the fourth anniversary of Ripple Labs’ legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple’s Chief Legal Officer Stuart Alderoty called for an end to what he…
MicroStrategy Buys More Bitcoin
MicroStrategy, the publicly traded firm known for its aggressive Bitcoin acquisition strategy, has announced the purchase of an additional 5,262 BTC for approximately $561 million. Michael Saylor, the company’s co-founder…
North Korea’s Crypto Hacking Surge
In 2024, North Korean hackers have been implicated in 61% of cryptocurrency thefts, stealing an astonishing $1.34 billion across 47 incidents. This marks a 102.88% increase from 2023’s $660.5 million…
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