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Key Takeaways SBI Crypto, the Bitcoin mining arm of Japan’s SBI Group, lost $21 million in a hack. Suspected North Korean hackers are behind the breach and laundering of funds. Share this article SBI Crypto, a Japan-headquartered Bitcoin mining pool under SBI Group, lost $21 million to suspected North Korean hackers who laundered the stolen … Read more
Most token burns are incremental. OKX went nuclear with the destruction of 93% of OKB’s supply, marking the most radical deflationary move by any major exchange and leaving traders questioning what comes next. Summary OKX burned 278,999,999 OKB tokens worth $26 billion, cutting total supply from 300 million to 21 million. The burn permanently caps … Read more
Two months ago, Indian electric motorcycle startup Ultraviolette expanded into 10 European countries. Now, fueled with $21 million in an all-equity round led by the corporate venture arm of Japanese electronics giant TDK Corporation, Ultraviolette is putting its expansion plans into overdrive. The nine-year-old startup plans to grow its European footprint fourfold, enter other motorcycle-driven … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Michael Saylor’s $21 million Bitcoin forecast has reignited investor excitement, spotlighting high-upside tokens like Pepeto and XRP in the race for the next crypto breakout. Summary Pepeto is gaining traction with over $5.8m raised … Read more
Crypto venture funding roared back to life in the first week of June, with capital flowing into both blockbuster deals and early-stage bets. The headline grabber was Circle’s long-awaited initial public offering (IPO), which brought in $1.1 billion and marked the company’s debut on the NYSE under the ticker CRCL. Altogether, crypto projects attracted $1.17 … Read more
The native token of IOST, a multi-chain ecosystem focused on real-world asset infrastructure, rose sharply after the project announced a $21 million raise from several top crypto venture capital firms. IOST (IOST), which aims to bridge traditional finance decentralized finance for global adoption, saw its token spike 12% following the news. It was trading around … Read more
Few markets are moving as rapidly as China’s automotive sector. There, new models are rolled out in as little as 18 months, putting tremendous pressure on legacy Western automakers, which need four-plus years to go from concept to sales floor. “With the increasingly short development cycles in China, it’s driving a huge amount of cost … Read more
One of the influential Bitcoin developers, Peter Todd (who is also rumored to be Satoshi in the HBO documentary), stated that Bitcoin may not have a hard cap in the future and will inflate by 1% a year. Did you laugh out loud? Many on the internet have alleged that “21 million BTC” is Bitcoin’s best … Read more
If you’ve ever tried to book a venue for a company event, you’ll know how onerous a task it can be. You have to contact multiple vendors, wait for quotes, evaluate them, see if you can get a good deal, and then get all that approved. So it makes sense that depending on the size … Read more
Key Takeaways KULR Technology Group purchased 217.18 Bitcoin for $21 million as part of a new treasury strategy. The company’s stock price increased by 30% following the announcement of their Bitcoin purchase. Share this article KULR Technology has entered the Bitcoin market with a $21 million purchase of 217.18 BTC at an average price of … Read more
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