In a press release published Friday, three-time NBA champion and Los Angeles Lakers forward LeBron James will partner with digital currency exchange Crypto.com to support educational and workforce development opportunities focused on Web 3.0. Specifically, as told by local news outlet Akron Beacon Journal, the partnership will help 1,600 kids in LeBron James' hometown of Akron, … [Read more...] about LeBron James and Crypto.com team up for blockchain education initiative
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Crypto.com breach may be worth up to $33M, suggests onchain analyst
Onchain analyst claims that Crypto.com's loss in the latest security breach might have been worth more than the reported $15 million.Pseudonymous ErgoBTC, an on-chain analyst at Bitcoin (BTC) research firm OXT Research, claims that the Crypto.com security breach that was said to have resulted in the loss of 4.6K ETH ($15 million), may be worth up to $33 million.Adding another … [Read more...] about Crypto.com breach may be worth up to $33M, suggests onchain analyst
Crypto.com Capital Expands $200M Fund to $500M
Singapore-based Crypto.com Capital announced today that it is expanding the size of its fund to $500 million, from the $200 million it announced in March 2021.Jon Russell, its newly hired General Partner based in Bangkok, told CoinDesk the fund will do seed and series-A deals, typically up to a $10 million check for the series-A.So far Crypto.com’s maiden fund has invested in … [Read more...] about Crypto.com Capital Expands $200M Fund to $500M
Crypto.com Suspends Withdrawals Following 'Unauthorized Activity'
Cryptocurrency exchange Crypto.com suspended withdrawals on its platform on Monday following reports from users of "unauthorized activity."The Hong Kong-based firm announced via Twitter early on Monday that it would be pausing withdrawals shortly while it investigated reports of suspicious activity on users' accounts. All funds were safe, it said.Several hours later, the … [Read more...] about Crypto.com Suspends Withdrawals Following 'Unauthorized Activity'
Crypto.com Capital Hires Jon Russell as LP, Hints at Expanding Fund Size
Crypto.com Capital announced Monday that it is expanding its $200 million Web 3 fund, and it has appointed Jon Russell, a former technology journalist based in Bangkok where he wrote for Tech Crunch and The Ken, as an Asia-based limited partner.Crypto.com Capital initially launched the fund in March 2021 with $200 million in capital, targeting seed and Series A deals in … [Read more...] about Crypto.com Capital Hires Jon Russell as LP, Hints at Expanding Fund Size