Tag: million
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Inside a Sandwich Attack: Lessons From the $7.5 Million Heist Against JaredfromSubway.eth
In a dramatic reversal of fortune within the decentralized finance (DeFi) ecosystem, the most notorious and successful "sandwich" trading bot on the Ethereum blockchain, known by the ENS name JaredfromSubway.eth, fell victim to a highly sophisticated exploit over the weekend. The bot, which has earned tens of millions of dollars by front-running and back-running retail…
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MARA Holdings Completes $950 Million Convertible Note Offering to Fuel Strategic Bitcoin Reserve Expansion
MARA Holdings, Inc., a prominent leader in the digital asset compute space and one of the largest Bitcoin mining operations in North America, has officially finalized its upsized offering of 0.00% convertible senior notes due 2032. The transaction, which concluded on Friday, July 25th, represents a significant milestone in the company’s ongoing transition from a…
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CuspAI Secures $450 Million Series B Funding, Achieves $2.6 Billion Valuation, Launches AI Materials Foundry
CuspAI, a burgeoning UK-based artificial intelligence enterprise, has successfully concluded a monumental Series B funding round, securing $450 million and propelling its valuation to an impressive $2.6 billion. This significant financial injection marks a substantial leap from its $520 million valuation achieved in September of the previous year, underscoring robust investor confidence in its AI-driven…
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American Bitcoin Backed By Eric And Donald Trump Jr. Adds 139 BTC Boosting Treasury Above $415 Million
President Donald Trump has issued a strong endorsement of Bitcoin (BTC) and the broader cryptocurrency sector, characterizing them as potent technologies whose profound impact is still significantly underestimated. Speaking at the recent launch event for the newly introduced "Trump Accounts," a tax-advantaged savings program aimed at fostering long-term wealth accumulation for children, Trump articulated a…
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Axelar Faces $4.67 Million Breach Targeting IBC Bridge to Secret Network, Prompting Immediate Shutdown and Industry-Wide Security Scrutiny
Cross-chain interoperability platform Axelar has swiftly initiated emergency protocols following the identification of a security incident that resulted in the unauthorized appropriation of approximately $4.67 million worth of digital assets. The exploit specifically targeted tokens bridged via the Inter-Blockchain Communication (IBC) protocol from the Axelar chain to the privacy-focused Secret Network, prompting an immediate and…
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Animoca Brands Invests $1 Million in Superior.Trade to Fuel Agentic AI Economy
Hong Kong-headquartered Animoca Brands, a prominent conglomerate with a significant footprint in gaming, metaverse infrastructure, and artificial intelligence, has injected $1 million into Superior.Trade. This strategic investment, channeled through Animoca Brands’ newly established Minds Investment Programme, signals a strong commitment to nurturing startups developing agentic applications built upon the Minds infrastructure layer. The announcement, made…
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Three Men Jailed for £4 Million Cryptocurrency Impersonation Fraud, Exposing Lavish Lifestyles and Evolving Crypto Crime Landscape
A sophisticated cryptocurrency fraud scheme, which saw three men impersonate police officers to steal over £4 million ($5.3 million) from unsuspecting victims, has concluded with the perpetrators receiving significant jail sentences in the UK. The elaborate deception involved convincing eight individuals that their digital assets were at risk, coaxing them into transferring funds to what…
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Ostium Confirms $23.75 Million USDC Loss from Liquidity Vault Following Sophisticated Off-Chain Infrastructure Compromise
Ostium, a prominent decentralized finance (DeFi) protocol specializing in perpetual contracts, has officially confirmed a significant security breach that resulted in the draining of 23,752,746 USDC from its liquidity-provider (LP) vault on July 15, 2026. The Arbitrum-based platform revealed that the sophisticated attack exploited a vulnerability in its off-chain pricing infrastructure, allowing an attacker to…
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Texas Tech’s Iconic Football Venue to be Rebranded Galaxy Stadium in Landmark 15-Year, $70 Million Naming Rights Deal with Galaxy Digital
LUBBOCK, Texas — In a transformative move poised to reshape the landscape of collegiate athletics and digital infrastructure, Texas Tech University has announced that its venerable football stadium, currently known as Jones AT&T Stadium, will be officially rebranded as Galaxy Stadium starting with the 2026 season. This significant change comes as a result of a…
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Marathon Digital Accelerates Bitcoin Acquisition Strategy with 270 Million Dollar Purchase Following Successful Convertible Note Offering
Marathon Digital Holdings, Inc. (NASDAQ: MARA), a prominent leader in the global digital asset compute landscape, has executed a significant expansion of its corporate Bitcoin treasury, acquiring over $270 million worth of the cryptocurrency in a rapid 48-hour window. This aggressive accumulation phase, confirmed by blockchain intelligence reports and corporate filings, follows the successful closing…
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