Billion

Institutions Rush To Crypto: Record $1.84 Billion Inflows Into Crypto Investment Products Last Week

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Institutions Rush To Crypto: Record $1.84 Billion Inflows Into Crypto Investment Products Last Week

Institutions Can’t Get Enough Of Crypto As Trading Volumes Hit New $30 Billion Record Inflows into crypto investment products hit record levels last week with $1.84 billion entering digital asset funds, driving trading volume to over $30 billion. Institutional interest in cryptocurrencies, especially Bitcoin, has surged, with Spot Bitcoin ETFs recording a weekly trading volume … Read more

Ripple’s CTO Addresses Burning 40 Billion XRP Held in Escrow: Can the Coins Be Burned?

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Ripple’s CTO Addresses Burning 40 Billion XRP Held in Escrow: Can the Coins Be Burned?

Ripple Can ‘Burn’ 40 Billion XRP Locked In Escrow, CTO Reveals How The debate over whether or not to burn the 40 billion XRP held in escrow by Ripple has gained attention, with the company’s CTO, David Schwartz, proposing a way to accomplish this. The community has discussed the possibility of burning the coins, with … Read more

North Korea’s Alleged $3 Billion Crypto Cyberattack Revealed in UN Report

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North Korea’s Alleged $3 Billion Crypto Cyberattack Revealed in UN Report

UN Accuses North Korea Of $3B Crypto Theft To Fund Nuclear Weapons Program The United Nations (UN) sanctions monitors allege that North Korea engaged in cyberattacks to steal $3 billion in crypto assets, which funded the country’s weapons development. Despite sanctions, North Korea continued to enhance its nuclear arsenal and conduct ballistic missile launches. They … Read more

Shiba Inu Token Burn Tops 9 Billion in January 2024 – Community Efforts and Future Plans

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Shiba Inu Token Burn Tops 9 Billion in January 2024 – Community Efforts and Future Plans

Shiba Inu Awakening: Here’s How Much SHIB Was Burned In January The Shiba Inu ecosystem achieved a significant milestone by burning almost 10 billion tokens in January 2024, demonstrating the community’s dedication to enhancing the value of the SHIB token. The community is performing thousands of SHIB burns hourly, reflecting their commitment to increasing the … Read more

Celsius Network Emerges from Bankruptcy, To Distribute $3 Billion in Crypto to Creditors and Establish New Bitcoin Mining Company

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Celsius Network Emerges from Bankruptcy, To Distribute $3 Billion in Crypto to Creditors and Establish New Bitcoin Mining Company

Celsius Follows FTX As It Begins Repaying Crypto To Creditors, Here’s How Much Celsius Network, a bankrupt cryptocurrency lending company, plans to distribute over $3 billion in crypto assets and fiat currency to its creditors. They have emerged from bankruptcy and gained approval from 98% of account holders. The company also announced the creation of … Read more

Crypto CEO Sentenced to Record Breaking Prison Term for $2 Billion Theft

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Crypto CEO Sentenced to Record Breaking Prison Term for $2 Billion Theft

Crypto CEO Bags Record Breaking Prison Sentence For $2 Billion Theft Former Thodex CEO Faruk Fatih Özer has been sentenced to a prison term of 11,196 years, 10 months, and 15 days for stealing $2 billion in customer funds. Özer defrauded over 400,000 Turkish customers when the exchange went offline in April 2021 and fled … Read more