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Posts Tagged ‘Million’

US Marshals to Auction $4.3 Million in Bitcoin Next Month

The U.S. Marshals have announced a plan to auction off nearly $4.3 million worth of bitcoin next month. The government agency said in an announcement on Wednesday that the sealed bid auction is for about 660 bitcoin that were forfeited in federal criminal, civil and administrative cases. Scheduled to start on Nov. 5, the auction…

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Binance Burns More Than 1.6 Million BNB Coins But Price Drops

The world’s largest cryptocurrency exchange by volume Binance had completed its 5th scheduled token burn. The price has reacted negatively so far, however, despite the reduction in BNB supply. 1,643,986 Binance Coins (BNB) Destroyed In an official release dated October 17, Binance announced that it has successfully completed its 5th quarter token burn, as per…

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‘Yes, You’ Need a Bitcoin Hardware Wallet: Ledger Reveals 1.3 Million Units Sold

Cryptocurrency hardware wallet manufacturer Ledger has sold over 1.3 million units as of this month, the company revealed in a blog post October 10. Wallet Manufacturers Target The Millions Discussing whether or not cryptocurrency investors “need” hardware wallets, CEO Eric Larchevêque disclosed the figure, which potentially makes Ledger the biggest-selling hardware wallet on the market.…

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F2Pool Founder’s Crypto Wallet Startup Raises $13 Million in New Funding

Cobo, a Beijing-based cryptocurrency wallet startup, has closed a $13 million Series A funding round in its bid to expand its services overseas. The company announced the latest equity financing on Wednesday, which is backed by Danhua Venture Capital, the NEO Foundation and Wu Capital, a China-based family office and limited partner in funds created…

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Media Startup Civil to Issue Refunds as $8 Million Token Sale Fails

Civil, the New York-based startup aiming to put journalism on a blockchain, has announced it will issue refunds to users who participated in its token sale, as it failed to meet a pre-set minimal requirement. Matthew Iles, Civil’s chief executive officer, wrote in a blog post on Tuesday that the startup closed the sales process…

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Decred Is Turning Its Entire $21 Million Crypto Treasury Over to Investors

If 2017 was a year when fundraising for decentralized protocols dominated headlines, 2018’s emerging narrative is about empowering investors. From fits and starts on ethereum’s transition to proof-of-stake to Tezos’ launch, governance has been one of the persistent conversations in crypto this year. But for all the promise, one long awaited approach to blockchain governance,…

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Ethereum Foundation Awards Nearly $3 Million in Startup Grants

The Ethereum Foundation just awarded nearly $3 million in grants to a number of blockchain startups and developers as part of its ongoing grant program. In a blog post Monday, the Ethereum Foundation Grants Team released its fourth wave of grants. All told, $2.86 million was awarded to 20 different individuals or groups for work…

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Paxos Claims $50 Million in Price-Stable Cryptocurrency Issued in First Weeks

Paxos, the startup behind the Paxos Standard (PAX) stablecoin, said it has so far issued a total of $50 million-worth of the U.S. dollar-pegged cryptocurrency since its official launch last month. Dorothy Jean Chang, vice president of marketing and communications for Paxos, announced in a tweet on Monday that in the month since the company rolled…

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World’s First Cryptocurrency-Related IPO Capped at $900 Million

The world’s very first cryptocurrency related initial public offering (IPO) has been announced by investment company headquartered in the Cayman Islands. The initiative attempts to widen the exposure of investors to different cryptocurrencies, ICOs, and digital assets in general. $900 Million Cryptocurrency Related IPO Epoch Partners Limited, an investment company with headquarters in the Cayman…

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