Sky Mavis Raises $150M in Binance-Led Funding for Ronin Bridge Refund
Sky Mavis will use the money to audit and upgrade the security of the Ronin bridge and to refund victims of the $622 million hack.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Michael Saylor Frames Bitcoin as an Engineering Solution for Money
Strategy Executive Chairman Michael Saylor argues bitcoin can preserve and transfer economic value more efficiently than gold or f...
CyberWallet users have until Aug. 15 before crypto withdrawals become a smart contract recovery job
Crypto company Cyber is telling CyberWallet and Cyber Passkey Wallet users to move their assets ahead of an Aug. 15 shutdown that...
A Bitcoin treasury with $67 million in BTC has just $5,397 in cash and needs money immediately
Bitcoin treasury holder CIMG Inc. said in its Aug. 13 quarterly filing that it needs to raise capital immediately, even though it...
Tether Completes Audit, Wintermute Bets on AI and High-Frequency Trading, And More – Weekly Recap
This week’s stories spanned old crypto fortunes, transparency, market forecasts, trading expansion, and macro shifts. Dormant Ethe...
Bitcoin’s Final 929,465 BTC Will Take More Than a Century to Mine
Bitcoin has already produced about 20.07 million BTC since it launched in January 2009. At block height 962570, roughly 929,465 bi...
South Korea Ends 1M Won Crypto Travel Rule Limit in Major AML Crackdown
Key Takeaways: The Travel Rule will be adopted by South Korea for all transfers between registered VASPs. Amidst AML controls, ove...