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Eightco shares jump $125 million funding commitment from Btmine, ARK, Kraken parent Payward

Eightco shares jump $125 million funding commitment from Btmine, ARK, Kraken parent Payward

5 months ago by Crypto InsightsCrypto

Eightco Holdings’ (ORBS) shares rose as much as 25% in early trading after the firm said it secured $125 million in new institutional funding commitments and made $75 million in AI and crypto investments. The commitments include $75 million from Bitmine Immersion Technologies (BMNR), an… Read More

DeFi lending platform Aave sees $27 million liquidations after wstETH price glitch

DeFi lending platform Aave sees $27 million liquidations after wstETH price glitch

5 months ago by Crypto InsightsCrypto

About $27 million was liquidated on the decentralized lending platform Aave over the last 24 hours, in what some market participants say may have been caused by a temporary pricing issue involving the token wstETH. Blockchain data flagged by risk-management firm Chaos Labs shows a… Read More

Quantum computing risk puts 7 million BTC including Satoshi Nakamoto’s 1 million at stake

Quantum computing risk puts 7 million BTC including Satoshi Nakamoto’s 1 million at stake

5 months ago by Crypto InsightsCrypto

In the event that quantum computers one day become capable of breaking Bitcoin’s cryptography, roughly 1 million BTC attributed to Satoshi Nakamoto, the creator of the Bitcoin network, could become vulnerable to theft. At today’s price of about $67,600 per bitcoin, that stash alone would… Read More

Crypto PAC Fairshake leaps into first midterm Senate race with $5 million in Alabama

Crypto PAC Fairshake leaps into first midterm Senate race with $5 million in Alabama

6 months ago by Crypto InsightsCrypto

Crypto’s $193 million campaign-finance force, the Fairshake political action committee, is launching into congressional midterm season with a massive $5 million injection into the Republican primary campaign of Barry Moore, a U.S. congressman now running for Senate. One of Fairshake’s affiliates, Defend American Jobs, is… Read More

MSTR purchased $90 million of bitcoin last week

MSTR purchased $90 million of bitcoin last week

6 months ago by Crypto InsightsCrypto

Strategy (MSTR) added to its bitcoin BTC$68,765.15 holdings, but appears to have made all its purchases before the deep price plunge in the back half of the week. Led by Executive Chairman Michael Saylor, the company added 1,142 bitcoin for $90 million, or an average… Read More

Ether’s crash leaves $686 million gaping hole in trading firm’s book

Ether’s crash leaves $686 million gaping hole in trading firm’s book

6 months ago by Crypto InsightsCrypto

An ether ETH$2,026.32 bull was caught leaning hard into the upside this week as the cryptocurrency tanked, turning the whale bet into a multi-million dollar horror story. That bull is Trend Research, a trading firm headed by Liquid Capital founder Jack Yi. The firm spent… Read More

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