SBF family linked to $100M FTX scandal, legal trouble looms

According to emails seen by the WSJ, Sam Bankman-Frieds family allegedly funneled millions from FTX to political causes, raising significant legal questions.

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DigiAsia Boosts Shares by 90% with $100M Bitcoin Purchase Plan in Indonesia

DigiAsia’s stock has surged by 90%, raising over $100 million for Bitcoin investments. This significant increase in share value highlights the growing interest in digital assets among investors worldwide. The surge in DigiAsia’s shares can be attributed to the increasing popularity of Bitcoin as a digital asset and an investment opportunity. With the recent rally [...]

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Fusion, Backed by Avalanche, Launches with $100M to Drive Blockchain Adoption

The Fusion Blockchain Initiative: $100 Million Investment in Modular Sector Networks The Fusion Blockchain Initiative has announced a groundbreaking investment of $100 million in developing modular sector networks. This strategic move aims to revolutionize blockchain technology by creating a more efficient and scalable network ecosystem. With the increasing demand for blockchain solutions across various industries, [...]

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Institutionally-Backed $100M Tokenized Fund Launched by US Real Estate Asset Manager

Real estate investment firm in the United States has introduced a tokenized fund with institutional support, marking a significant development in the blockchain and real estate sectors. This innovative approach to fund management leverages blockchain technology to tokenize assets, allowing investors to access real estate opportunities in a more efficient and transparent manner. By tokenizing [...]

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Upexi Shares Surge 630% on Nasdaq After $100M Raise and SOL Treasury News

Upexi, a leading cryptocurrency exchange platform, has just revealed its plans to raise $100 million to acquire Sol Tokens. This strategic move solidifies Upexi’s position in the market and demonstrates its commitment to growth and expansion. The decision to invest in Sol Tokens stems from their increasing popularity and value within the crypto community. By [...]

The post Upexi Shares Surge 630% on Nasdaq After $100M Raise and SOL Treasury News appeared first on Crypto Breaking News.

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CHZ’s future following a $100M investment in FC Barcelona’s Barça Studios

Chiliz (CHZ/USD) is essentially a digital currency and platform aimed at sports and entertainment that operates the Socios.com platform.

The CHZ cryptocurrency serves the role of being the platform currency of the blockchain-based Socios.com sports fan engagement platform, where users are given the opportunity to buy tokenized voting rights for their favorite football and esports teams.

Chiliz (CHZ) announced a $100 million investment in FC Barcelona’s Barça Studios for a 24.5% stake in the soccer club’s digital content and distribution hub.

Through this new partnership, the Socios.com platform, as well as Chiliz, will become the technology platform that will boost the club’s blockchain, non-fungible tokens (NFTs), digital assets, as well as Web3 strategies. 

This was announced on August 1 by Chiliz directly, where they explained how Barça Studios is leading the club’s creation of NFTS and metaverse project and spearheading FC Barcelona’s digital strategy to ultimately deliver projects which can engage, reward, and build connections with its global fanbase.

This investment is a build-up on a previous and existing partnership with the club, which originally began in February of 2020, with the agreement to launch the BAR Fan Token on Socios.com. 

On August 2, 2022, Chiliz (CHZ) had a value of $0.13778.

In order for us to get a better perspective as to what kind of value point this represents for the cryptocurrency, we will be going over its all-time high point of value, as well as its performance throughout the previous month. 

The all-time high of the Chiliz (CHZ) cryptocurrency was on March 13, 2021, when it reached a value of $0.878633.

When we go over its performance throughout the previous month, Chiliz (CHZ) had its lowest point of value on July 2 at $0.09379. Its highest point was on July 29 at $0.135.

Here we can see that the cryptocurrency increased in value by $0.04121 or by 44%.

With the cryptocurrency’s recent showcase of growth and with this additional investment in FC Barcelona’s Barça Studios, we can expect CHZ to climb to a value of $0.2 by the end of August 2022, making it a solid token to buy.

The post CHZ’s future following a $100M investment in FC Barcelona’s Barça Studios appeared first on Invezz.

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Harmony to Award a $1M Prize for Info Relating to $100M Hack

Harmony promises no criminal charges for hackers in case of return

Continue reading Harmony to Award a $1M Prize for Info Relating to $100M Hack at DailyCoin.com.

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