Tag: Million

Dubai advances real estate tokenization project, activates secondary trading for 7.8 million property tokens

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Dubai Land Department (DLD), which oversees the emirate’s real estate market, has initiated the second phase of the Real Estate Tokenization Project, enabling secondary-market trading of roughly 7.8 million property tokens beginning February 20, according to a recent announcement. The move transitions the program from its pilot stage into an operational framework designed to evaluate market efficiency, transaction integrity, and investor safeguards under regulatory oversight. DLD developed the project alongside the Virtual Assets Regulatory Authority, Dubai’s digital asset regulator, and other government bodies, including the Dubai Future Foundation and the…

Michael Saylor’s Strategy buys $90 million in Bitcoin at $78,800

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Strategy, the business intelligence firm that has become the largest corporate holder of Bitcoin, added 1,142 BTC to its reserves over the past week, bringing total holdings to 714,644 BTC valued at roughly $49 billion. Strategy has acquired 1,142 BTC for ~$90.0 million at ~$78,815 per bitcoin. As of 2/8/2026, we hodl 714,644 $BTC acquired for ~$54.35 billion at ~$76,056 per bitcoin. $MSTR $STRC https://t.co/tJ7Ilwpc2l — Strategy (@Strategy) February 9, 2026 The company disclosed today that it spent $90 million on the latest batch of Bitcoin between February 2 and…

Bitcoin miner Cango completes $305 million BTC sale to support its AI pivot

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Bitcoin miner Cango completed a sale of 4,451 Bitcoin worth roughly $305 million to reduce debt and fund its transition to AI computing, the company announced Monday. The company currently holds more than 3,600 Bitcoin, worth about $251 million at current market prices, making it the 27th-largest publicly traded firm with Bitcoin on its balance sheet. The transaction marks the largest disclosed Bitcoin sale by the firm since it entered the mining sector. In January, Cango produced 496 BTC while selling 550 BTC as part of a selective divestment approach…

Two Victims Lose $62 Million To Address Poisoning Since December

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Just one victim lost $12.2 million in January by copying the wrong address from their transaction history in an “address poisoning attack,” adding to a similar $50 million attack in December, according to Scam Sniffer. Address poisoning is when attackers send small transactions or “dust” from addresses that look similar to ones in the target’s transaction history, hoping the victim will copy the wrong address. Scam Sniffer added that signature phishing also surged recently, with $6.27 million stolen from 4,741 victims in January, a 207% increase compared to December. Two…

Bitcoin ETFs Extend Losses As Daily Outflows Hit $545 Million

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Bitcoin exchange-traded funds (ETFs) extended losses on Wednesday amid BTC price approaching the $70,000 mark, adding to mounting pressure across digital asset markets. According to data from SoSoValue, spot Bitcoin (BTC) ETFs recorded $545 million in outflows on the day, pushing weekly flows into the negative with $255 million in net outflows. Year-to-date, the funds have attracted $3.5 billion in inflows but seen $5.4 billion in redemptions, leaving them net negative by $1.8 billion. Total assets under management stand at $93.5 billion. Spot Bitcoin ETF flows since Jan. 26, 2026.…

Goldman-backed TRM Labs closes $70 million series C at $1 billion valuation

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TRM Labs announced a $70 million Series C round, led by Blockchain Capital and joined by returning and new investors, bringing its valuation to $1 billion. The funding comes amid strong revenue growth and will accelerate TRM’s mission to equip law enforcement, national security agencies, and financial institutions with AI tools to combat crime. Investments will focus on expanding its team, advancing AI compliance solutions, and enhancing investigative capabilities. This is a developing story. Source link

Galaxy posts $482 million net loss in Q4 2025, shares drop 13%

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Galaxy Digital (GLXY) stock fell 13% on Tuesday morning after the company disclosed a $482 million net loss for Q4 2025, largely due to a 24% drop in the total crypto market capitalization over the period. For the full year, Galaxy posted a net loss of $241 million amid lower market valuations and restructuring-related expenses. The company closed the year with $3 billion in equity capital, up 38% year-over-year, and $2.6 billion in cash and stablecoins, a 168% increase from the prior year. Despite market headwinds, Galaxy delivered full-year adjusted…

Pharos Network unveils $10 million program for DeFi and real-world assets

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Layer 1 blockchain Pharos Network has unveiled “Native to Pharos,” a $10 million initiative designed to support early-stage teams building on-chain financial products, according to a Tuesday announcement. The program, backed by partners like Hack VC, Draper Dragon, Lightspeed Faction, and Centrifuge, targets builders working on decentralized exchanges, RWA-integrated yield infrastructure, and prediction markets, with an emphasis on high-performance execution and compliance-aware design. Through the initiative, Pharos is focused on empowering builders as it works to develop a thriving RealFi ecosystem, said co-founder and CEO Wish Wu in a statement.…

Binance SAFU Fund buys 1,315 Bitcoin worth over $100 million

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Binance’s Secure Asset Fund for Users, the exchange’s emergency insurance reserve, purchased around 1,315 Bitcoin worth over $100 million today, the exchange said in a statement. #Binance SAFU Fund Asset Conversion progress update. Binance has completed the first batch of Bitcoin conversion for the SAFU Fund, amounting to 100M USD stablecoins. Our SAFU BTC address:1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD TXID: https://t.co/OdrvSINsRs We’re continuing to… pic.twitter.com/Ue47ayJfbS — Binance (@binance) February 2, 2026 The acquisition marks SAFU’s first Bitcoin purchase in nearly two years. The fund was established in 2018 to protect users against potential hacks…

Sony’s VC arm invests $13 million more in web3 infrastructure firm Startale

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Sony Innovation Fund, the corporate venture capital arm of Sony Group, has invested an additional $13 million in Startale Group, the web3 infrastructure firm and Sony joint-venture partner, according to a Wednesday statement. Led by CEO Sota Watanabe, who founded Astar Network, Startale developed and delivered Soneium, an Ethereum layer 2 blockchain, in collaboration with Sony Block Solutions Labs. With the new funding, Startale’s total capital raised has grown to $20 million. The Singapore-based blockchain infrastructure company secured $3.5 million from Sony in a seed round in September 2023 and…