General Motors (GM) is laying out its plan to extract $2 billion in cost savings, and reductions in its labor force will be a big part of it. “This voluntary program offers eligible employees an oppor...
Tag: 1.5B
Gains Network hits $1.5b turnover in one month
Gains Network, a decentralized exchange (DEX), has experienced extraordinary growth in a short time, hitting over $1.5 billion in volume on the Arbitrum blockchain around a month after its launch. The...
$1.5B Stolen in Top 5 Crypto Heists of 2022: Forbes
Cryptocurrency firms struggled greatly in 2022, with multiple companies facing financial issues and bankruptcy. In addition to these challenges, over $3 billion was stolen from crypto projects this ye...
Executives from $1.5B South Korean crypto exchange fraud jailed
Six executives involved in the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global have received prison sentences of up to eight years — but three were not detained so they could...
Swyftx and Superhero Dropped the Historic Merger Plan Worth $1.5B
Swyftx and Superhero canceled their plan of “historic merger”. The $1.5B worth merger is to create a digital and traditional finance powerhouse. Australia’s ASIC is tightening the regulations for cry...
Bitcoin worth $1.5B leaves Coinbase; Mid-cap tokens outperform Bitcoin
The biggest news in the cryptoverse for Nov. 25 includes Binance publishing BTC proof of reserve, BNB hitting 6% market dominance as mid-cap tokens outperform Bitcoin, 100,000 Bitcoin worth over $1.5 ...
Bitcoin worth $1.5B withdrawn from Coinbase in 48 hours
A total of 100,000 Bitcoin (BTC) were withdrawn from Coinbase in the past two days, marking the third-largest BTC withdrawal in Coinbase’s history. Two withdrawals worth 50K The chart below shows the ...
Asia Crypto Lender Matrixport Seeks Fundraise At $1.5B Valuation
One of Asia’s biggest cryptocurrency lenders Matrixport Technologies Pte is looking to raise a staggering $100 million in fresh funding at a $1.5 billion valuation. This development comes at a time wh...
Over $1.5B in BTC withdrawn in one week
Bitcoin (BTC) has flooded out of exchanges in the past week as users become wary of security and regulatory scrutiny. Data from on-chain monitoring resource Coinglass shows United States exchanges in ...
Crypto Firm Bakkt Reports $1.5B in Impairment Losses in Q3
Georgia-based crypto trading company Bakkt Inc has released the results of its third quarter ending September 30, showing a net revenue of $12.9 million increase of 41% year-over-year. The trading pla...
Binance, Validators Burn 1.5B Terra Classic Tokens
LUNC News Live Updates (October 31): Crypto exchange Binance and top validators Allnodes and LUNC DAO have burned over 1.5 billion Terra Classic tokens today. In total, the Terra Classic community has...
Bolt Financial Scraps $1.5B Buyout Deal for Crypto Firm Wyre
Bolt said that they will continue with their commercial partnership with Wyre while putting greater focus on their key areas of competence. San Francisco-based technology firm Bolt Financial announced...
Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre
Bolt Financial Inc, a U.S. online checkout technology company, announced on Friday that it has pulled out from its $1.5 billion deal to buy crypto infrastructure provider Wyre Payments Inc, amid plung...
Bolt Cancels $1.5B Acquisition Deal of Wyre Payment
10 seconds ago | 2 mins read Bitcoin News Bolt, meantime, has issued a statement promising to maintain its collaboration with Wyre. Wyre will continue to support Bolt in developing its crypto ecosyste...
Alphabet (Google) Poured $1.5B In Blockchain & Crypto Firms
A number of notable names in fintech and banking are betting on blockchain technology, including Alphabet. Blockdata, a data-driven platform that focuses on blockchain and distributed ledger technolog...
Alphabet Poured $1.5B into Blockchain Companies Over 10 Months, Study Finds
BlackRock and Morgan Stanley have also invested over $1 billion in blockchain Big Tech critics are wary of the power they hold in the digital worlds US tech giant Alphabet is the largest blockchain in...
Google parent Alphabet invested $1.5B into blockchain startups since September 2021
Over $6 billion was invested in blockchain startups by 40 public companies from September 2021 to June 2022, according to CB Insights. Available data indicates that Google’s parent company Alphabet to...
Google Parent Alphabet Ranked Biggest Blockchain Sponsor with Investment Outlay of $1.5B
Recorded Google investment in blockchain since last September crossed $1.5 billion, surpassing any other company in the same time frame. According to a recent Blockdata report, Google parent Alphabet’...
Google invested a whopping $1.5B into blockchain companies since September
Google parent company Alphabet poured the most amount of capital into the blockchain industry compared to any other public company, investing $1.5 billion between Sep. 2021 and Jun. 2022, a new report...
Jack Dorsey’s Block reports profits of $1.5B in the second quarter
The CEO of Block, Jack Dorsey, has reported a 29% increase in its year-on-year profits to $1.47 billion during the second quarter. However, the Bitcoin business of the digital payments firm recorded a...
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits soar 29% to $1.47 billion in Q2, though its Bitcoin (BTC) business slumped on decreased customer de...
Jack Dorsey’s Block Inc Registers $1.5B in Q2 Profits
39 mins ago | 2 mins read Bitcoin News The American-based Block Inc, reports $1.5B in Q2 profits. The firm generated only $41 million, through the BTC trading service. The digital payments company, Bl...
India’s Latest Blockchain Unicorn 5ire Valued at $1.5B
The startup’s Series A follows a seed funding round in October where it was valued at the time for $110 million 5ire’s CEO said the journey to unicorn status took around 11 months in total, making it ...
Musk and Saylor down a combined $1.5B on Bitcoin buys
As the bear market bites, holding crypto investments can be a tough pill to swallow. Consider two of the largest bag holders of publicly traded companies. They are down by almost $2 billion dollars on...
Crypto-stock trade pairs in the cards as Swyftx inks $1.5B merger with Superhero
Australian crypto exchange Swyftx wants to eventually offer seamless trading between traditional and crypto-asset classes, with its first step being the completion of its $1.5 billion merger deal with...
Dogecoin UP, Records $1.5B Inflows After Elon Musk Comment “Doge To The Moon”
– Advertisement – Dogecoin surges after Elon Musk’s comment. Dogecoin recorded a huge inflow today after Elon Musk made a surprise appearance in a Twitter space and chanted “DOGE to the Mo...