Category: Million
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British AI pioneers share £1 million in prizes as government unveils inaugural Manchester Prize finalists
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Ten teams from across the country have been selected as finalists for the inaugural Manchester Prize, a prestigious challenge award that rewards achievements in artificial intelligence for the common good. The Prime Minister announced this as the AI Summit takes place in Seoul today, and the finalists will each receive…
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Ontario’s ‘Crypto King’ Arrested in Alleged $30 Million Ponzi Scheme
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Ontario’s “crypto kingpin” Aiden Blitrski has been arrested and charged with fraud and money laundering in connection with an alleged Ponzi scheme following one of the most comprehensive fraud investigations the region has ever seen. The 25-year-old and his 27-year-old accomplice, Colin Murphy, are alleged to have stolen nearly $30…
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Phony Philanthropy? Notcoin’s $6.8 Million Gift to Telegram Founder Rings Alarm Bells
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The booming world of cryptocurrencies is still grappling with transparency issues, with a recent donation raising eyebrows across the cryptocurrency landscape. Notcoin, a brand new play-for-profit game built on top of the Telegram messaging platform, has sent a whopping $6.8 million worth of its tokens (NOT) to Telegram founder Pavel…
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Wisconsin Investment Board Becomes First State Pension To Buy Spot Bitcoin ETFs, Holds Over $162 Million
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The Wisconsin State Investment Board (SWIB) today disclosed its significant investments in Bitcoin exchange-traded funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB owns approximately $100 million of BlackRock’s Spot Bitcoin ETF (IBIT). JUST IN: ?? Wisconsin Investment Board reveals it…
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Wisconsin Investment Board Becomes First State Pension To Buy Spot Bitcoin ETFs, Holds Over $162 Million
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The Wisconsin State Investment Board (SWIB) today disclosed its significant investments in Bitcoin exchange-traded funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB owns approximately $100 million of BlackRock’s Spot Bitcoin ETF (IBIT). JUST IN: ?? Wisconsin Investment Board reveals it…
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Binance and Taiwan Collaborate to Resolve $6.2 Million Crypto Fraud
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Binance’s Financial Crimes Compliance Department has partnered with the Investigation Bureau of the Taiwanese Ministry of Justice and the Taipei District Prosecutor’s Office to address a money laundering case involving NT$200 million ($6.2 million) in digital asset fraud. Collecting evidence in a crypto fraud case An official statement revealed that…
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If You Need $1.46 Million To Retire Today, What Will It Take in 20 Years?
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If you need $1.46 million to retire today, what will it take in 20 years? a Comfortable retirement It is becoming increasingly expensive. According to a study by Northwestern Mutual, Americans currently estimate they need approximately $1.46 million to retire comfortably. That number has risen sharply, marking a 15% increase…
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Seelos Therapeutics Announces Pricing of $1.1 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
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New York, May 16, 2024 /PRNewswire/ — Selous Therapeutics (NASDAQ:), Inc. (Nasdaq: SEEL) (“Seelos” or the “Company”), a clinical-stage biopharmaceutical company focused on developing treatments for central nervous system (“CNS”) disorders and rare diseases, announced today that it has entered into a securities purchase agreement agreement with certain investors. Institutional…
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Trader Nets $46 Million with PEPE Amid Meme Coin Craze
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An anonymous trader made headlines by making a profit of $46 million through PEPE in one year, equivalent to 15,718 times profit. This comes as the Solana-based meme coin recently hit a milestone that saw it reach a new all-time high on May 15. Trader strategy According to Lookonchain data,…
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Volcano Bitcoin Mining Gives El Salvador $29 Million Boost
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Official data revealed that El Salvador has mined approximately 474 bitcoins worth about $29 million since September 2021 using geothermal energy from Tecapa volcano. This boosts the country’s total Bitcoin holdings to 5,750 BTC worth more than that $360 million. Just in: ?? El Salvador has mined approximately 474 #Bitcoin…
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Jack Dorsey’s Bullish Prediction Of $1 Million By 2030
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The cryptocurrency market has been the subject of intense fascination and speculation in recent years, with industry leaders such as Jack Dorsey, the visionary co-founder of fintech group Block and former CEO of Twitter, offering their insights. Dorsey, who is Jack Dorsey? He has long been a staunch supporter of…
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El Salvador’s Bitcoin Treasury Surpasses $350 Million With 5,750 BTC Acquisition
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El Salvador made headlines once again as it announced its ownership of 5,750 Bitcoin (BTC), which is worth approximately $353 million based on current market prices. According to To Bloomberg. This revelation comes after the National Bitcoin Office launched a tracking website, developed in collaboration with mempool.space, to provide transparency…
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Bracebridge Capital Becomes Largest Bitcoin ETF Holder, Investing $380 Million In All-In Bet
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Last week, the US spot Bitcoin ETF market saw a notable shift in investor sentiment. Positive inflows were reported, breaking a series of outflows that had lasted for about a month. The week concluded with significant positive inflows of $116 million, demonstrating the growing interest in newly adopted index funds.…
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Axon president Joshua Isner sells over $13.6 million in company stock By Investing.com
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Axon Enterprise, Inc. (NASDAQ:) President Joshua Eisner has sold a significant portion of his holdings in the company, according to a recent filing with the Securities and Exchange Commission. The transactions, which occurred on May 9, 2024, included the sale of the Company’s common stock valued at more than $13.6…
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How A $71 Million WBTC Heist Unfolded And Was Partially Recovered
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In the dynamic and ever-evolving cryptocurrency landscape, the emergence of sophisticated cryptocurrency scams has become an unfortunate reality. One such high-profile incident recently captured the attention of the digital assets community, which involved the theft of a staggering $71 million worth of securities. Wrapped Bitcoin (WBTC) tokens. This complex case,…
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Bitcoin wallets, dormant for 11 years, transfer $60 million
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Long-dormant Bitcoin wallets, inactive for nearly 11 years, suddenly moved 1,000 bitcoins (BTC) within a 20-minute window, on-chain analysts reported Sunday. Lookonchain, an analytical tool that provides insight into blockchain activity, noted that two wallets — “16vRqA” and “1DUJuH” — initially received 500 BTC each in September 2013. At the…