Kucoin Eyes $100 Million Deal for Ku.com
Insiders familiar with the matter reveal that Kucoin's move to acquire Ku.com is an effort to enhance its position in the cryptocurrency exchange sector.
![image Brian](https://image.coinlive.com/24x24/cryptotwits-static/2a460cf9e5f34c343d9805a5638495fd.jpeg)
Insiders familiar with the matter reveal that Kucoin's move to acquire Ku.com is an effort to enhance its position in the cryptocurrency exchange sector.
Crypto exchange Blockchain.com has raised $110 million in new funding — but it reportedly did so at a fraction of its previous valuation.
Bitcoin saw a double rally today, pushing its price beyond $35,000 after an earlier surge past $31,000 on Monday morning, marking the highest point of the cryptocurrency in 2023.
The Monetary Authority of Singapore (MAS) has announced its commitment to allocate 150 million Singapore Dollars (around $112 million) over three years for the renewed Financial Sector Technology and Innovation (FSTI 3.0) Scheme.
With the current prices, the total value of these holdings stands at $116 million. What's even more remarkable is that the ether was initially purchased for a mere 31 cents per token during the ICO.
Avraham Eisenberg has become the first U.S. resident to face charges for manipulating and draining $110 million from a DeFi protocol.
Ethereum had entered a period of reversal after hitting $2,000 following the announcement of the date for the Merge.
The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data.
The layer-1 blockchain’s main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected.
Aura FAT SPAC listed on Nasdaq and closed its IPO with $115 million in funding following an over-allotment round.