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Tag: $170 million

NFT platform Autograph Raises $170M in Series B funding


Another NFT platform succeeds in raising capital from investors; Autograph has raised $170 million in Series B funding, co-led by a16z and Kleiner Perkins. (Read More)

Nifty News: AMC investors get tokens, Naomi Osaka NFTs, Guy Oseary to represent World of Women

AMC dropped an NFT to its shareholders, Puppy Bowl will feature an NFT sale on Chronicle, and Naomi Osaka launched her third collection.

ABL Space Systems rocket stage destroyed in test accident

ABL test anomaly

ABL Space Systems said the second stage of the small launch vehicle they are developing was destroyed in an accident during testing Jan. 19.

SpaceNews

Tom Brady’s NFT Platform Autograph Announces $170M Raise

Autograph — the nonfungible token (NFT) platform co-founded by popular American football quarterback Tom Brady has announced the successful completion of a $170 million funding round. Autograph To Use Fund To Scale Its NFT Technology According to a Wednesday announcement by Autograph, the Series B round was co-led by Venture Capital (VC) firm Kleiner Perkin

The post Tom Brady’s NFT Platform Autograph Announces $170M Raise appeared first on CoinGape.

Tom Brady’s Autograph NFT Platform Raises $170M From Andreessen, Others

With celebrities like Brady, The Weeknd, and Simone Biles attached, Autograph raises sizable funding and expands its advisory board.

N.Korea Hacks Up at least 7 times on Crypto in 2021, Nearly $400M Stolen: Chainalysis


North Korean hacks on the cryptocurrency platforms jumped to at least seven times, extracting nearly $400 million worth of digital assets over the last year, blockchain analysis firm Chainalysis said. (Read More)

Jack Dorsey wants to keep the force in bitcoin decentralized

Jack Dorsey, CEO of Block (formerly Square), has been a consistent advocate of bitcoin. Dorsey both personally and professionally has supported bitcoin for years. In 2018, he said that bitcoin will eventually become the world’s single currency. In 2020, Square purchased about $50 million worth of bitcoin. In early 2021, Square bought another $170 million […]

The post Jack Dorsey wants to keep the force in bitcoin decentralized appeared first on Daily Fintech.

North Korean Hackers Stole Nearly $400 Million in 2021: Chainalysis Reports

North Korean hackers have showed no signs of slowing down, while they devise more sophisticated means to steal cryptocurrency.

Footprint Analytics: Will Optimistic Rollup be the best solution for Ethereum scaling?

On December 27 2021, Metis Andromeda, a Layer 2 network based on a fork of Optimism, clocked a seven-day 142% TVL increase, surpassing $180 million.

PlayUp Takes Injunction Request Against Former US CEO to Federal Appeals Court

PlayUp has appealed a federal judge’s ruling denying the Australian-based gaming company an injunction against its former CEO, who it claims violated the terms of her employment contract and scuttled a deal that would have led to a $450 million sale of the company. The appeal is the latest twist in a case that also […]

The post PlayUp Takes Injunction Request Against Former US CEO to Federal Appeals Court appeared first on Casino.org.

North Korean Hackers Stole $400M in Cryptocurrency Last Year

North Korean Hackers Stole $400M in Cryptocurrency Last Year

North Korean hackers stole almost $400 million worth of cryptocurrencies from at least seven attacks on crypto platforms last year, blockchain analysis firm Chainalysis said in a report. The report noted that it was one of the most successful years on record for hackers to steal such large amounts of crypto with the attacks mainly targeted at investment firms and centralized exchanges. “From 2020 to 2021, the number of North Korean-linked hacks jumped from four to seven, and the value extracted from these hacks grew by 40 percent,” said the report, which was released on Thursday. Many of last year’s attacks were likely carried out by the Lazarus Group, a hacking group sanctioned by the United States, which is believed to be controlled by North Korea’s primary intelligence bureau, the Reconnaissance General Bureau. The attackers used a number of techniques to launder the stolen cryptocurrencies including mixers, or software tools that pool and scramble cryptocurrencies from thousands of addresses to siphon funds from the organizations’ hot wallets and then move them into North Korean-controlled addresses, Chainalysis said. “Once North Korea gained custody of the funds, they began a careful laundering process to cover up and cash out,” the report added. Per the report, Bitcoin now accounts for less than one-quarter of the stolen cryptocurrencies or 20 percent of the stolen funds. In contrast, Ethereum makes up the vast majority of stolen funds with 58 percent. The report also identified $170 million in old, unlaundered cryptocurrency holdings from 49 separate hacks from 2017 to 2021.

The post North Korean Hackers Stole $400M in Cryptocurrency Last Year appeared first on Cryptoknowmics-Crypto News and Media Platform.

North Korean Hackers Stole $400M Worth Crypto in 2021

North Korean hackers launched at least seven attacks on cryptocurrency exchanges in 2021, stealing around $400 million worth of digital assets, the blockchain analytics firm, Chainalysis revealed i...

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