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Posts Tagged ‘Million’

NEO Developers Unlock 1.6 Million Tokens, Huge Crash Incoming?

The leading Chinese-based platform, NEO, could see a jump in volatility as over USD $11 million in tokens is set to be dumped on the market. The amount represents 2.3 percent of the total circulating supply. TOKEN HOLDERS ANTICIPATE PRICE CRASH Like many platforms, the NEO development team holds a substantial amount of the native…

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Tezos Grants $37 Million to Ecosystem Developers

The Tezos Foundation released its second Biannual Report, detailing the group’s progress in Q3 and Q4 of 2019. Published on March 19, the report reveals that the foundation owns $635 million in assets — much more than the $232 million raised in its infamous initial coin offering. When asked how the foundation was able to…

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‘The Sandbox’ Game on Ethereum Receives $2 Million Investment

After recently announcing a third presale of their coveted game’s virtual spaces, The Sandbox (TSB) revealed they have quite a number of big-name backers. According to a March 20 press release by Animoca Brands, parent company of TSB Gaming, the third quarter of 2019 had been a particularly successful one for the game. Between July…

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Ripple Onboards 1 Million New Users With Latest Partnership

It’s not all bad news out there. In fact, amid rising uncertainty, many companies are still forging ahead. Despite having its employees working from home, Ripple just announced a brand-new partnership. Working with Thai-based DeeMoney will allow the blockchain unicorn to onboard one million new users. Ripple to Parter with DeeMoney Ripple announced its latest…

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Whale Transfers Bitcoin Worth $10 Million to Bitstamp; Dump Incoming?

Bitcoins worth $10 million dollars have been transferred to the cryptocurrency exchange Bitstamp from an unknown wallet address. Will BTC dump again?  Just two days after Bitcoin’s biggest crash in over 10 months, falling from a value of around $7200 per BTC to under $5500 where it currently resides, a huge transfer of the cryptocurrency…

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25 Million XRP Head to Bistamp From Ripple Whale Wallet

The recent market sell-off may not affect only stocks and Bitcoin (BTC). Apparently, XRP whales are also looking for a fiat position, as one wallet moves 24.95 million tokens to a crypto exchange. Who is this Whale? A recent “whale” transaction reveals a tranche of 25 million XRP coins was sent to Bitstamp today. The…

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IOTA Founder Confirms He Will Repay Victims of $1.97 Million Hack

On Feb. 12 Iota (MIOTA) suffered an attack targeting its official desktop wallet. The Iota network went offline on the same day, and has remained down since. On March 6, David Sønstebø, the founder of Iota, revealed that he will personally fully repay all 46 victims of last month’s Iota hack to the tune of…

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White Label Exchange Provider AlphaPoint Raises $5.6 Million

New York-based white label exchange provider AlphaPoint has raised a further $5.6 million from investors to help scale its exchange technology. AlphaPoint’s tech is currently used as the backend for 150 exchanges across 35 countries, servicing more than a million end users. The funding will be used for platform development and to roll out more…

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Why Bitcoin IRA Has Processed Over $400 million in Transactions?

Bitcoin IRA reports accelerating demand for its crypto-based retirement platform, as it has now surpassed USD $400 million in transactions. This growth reflects the long-term approach investors are increasingly taking toward blockchain assets.  Bitcoin Investors Focused On Holding The report shows that transaction volume has just reached an all-time high within BitcoinIRA’s internal exchange. Also,…

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Bitfinex Claims Repayment Of $100 Million To Tether

Bitfinex has announced that it has repaid its sister company, Tether, USD $100 million of the $700 million it borrowed early last year. This controversial loan sparked rumors of insolvency, and an investigation from the New York State Attorney General. PAYMENT TIED TO LAST YEAR’S FUNDING DEBACLE The exchange, once the world’s largest, borrowed the…

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