Meta — formerly Facebook — reported positive news for general investors but bad news for those interested in its virtual reality (VR) division in its Feb. 1 earnings report. The company saw substant...
Tag: 13B
Circle invests $13b, or 30% of USDC reserves, in US treasuries
BlackRock’s disclosure page reveals Circle has put 30% of its USDC reserves, equivalent to approximately $13b, on the money market fund. Circle advances on stablecoin transparency. Stablecoin USDC is...
‘We got overconfident and careless,’ claims $13B leverage
Former FTX CEO Sam Bankman-Fried said he was “wrong” in his estimates of the crypto exchange’s leverage prior to its collapse, claiming it wasn’t $5 billion but closer to $13 billion. In a Nov. 16 Twi...
Terra Community Votes Unanimously to Destroy 1.3B UST Tokens
The governance vote on Terra’s proposal 1747 to burn 1.388 billion UST stablecoinsstablecoins has passed. This will reduce UST’s supply by roughly 11% of its total supply of 11.28 billion tokens, acc...
Jack Dorsey’s Block hits $1.3B in Q1 profits, $43M in BTC trading revenue
Block, the pro-Bitcoin (BTC) umbrella company that hosts Cash App, Square and Afterpay, continues its growth in 2022. According to its Shareholder letter, in the first quarter of 2022, gross profits a...
Jack Dorsey Owned ‘Block’ Registers $1.3B Profit in Q1 2022
From January through March 2022, net Block’s sales were $3.96 billion. It produced $1.73 billion in Bitcoin revenue and $43 million in Bitcoin gross profit. Cash App, Square, and Afterpay are all part...
TerraForm Labs proposes to burn $1.3B in UST to save LUNA
Terraform Labs proposed to burn a total of $1.3 billion worth of UST to save LUNA to combat the current crisis. A three-step emergency plan was posted on the project’s Twitter account, which included ...
Talos raises $105M to become the latest crypto unicorn valued at $1.3B
PayPal-backed cryptocurrency firm Talos is becoming the latest unicorn in the industry, reaching a $1.25 billion valuation following new funding. Talos has raised $105 million in Series B funding roun...
“BlueWhale0073” Just Buys 143B Shib, Mysterious Whale Adds 202B Shib, Top 500 ETH Whales Now Hold $1.3B Worth of Shib
– Advertisement – Two Top ETH Whale Scooped Up 345B Billion Shiba Inu (SHIB), Worth $5.64 Million Within Past 24 Hours. Mysterious whale The Mysterious whale accumulated a whopping total...
Ethereum Foundation Discloses Financial Report, Holds ETH Worth $1.3B
The Ethereum Foundation discloses its expenditure and spendings over the last year, a majority of which has gone for research and development work. The Ethereum Foundation has published its 2021 finan...
Ethereum Foundation Holds $1.3B in Ether, $300M in Non-Crypto Investments
Almost $1.29 billion was held in ether, the world’s second-largest cryptocurrency by market capitalization. That represented over 0.297% of the total ether supply as of March 31. Some $11 million was ...
Pantera to close Blockchain Fund soon after raising $1.3B — double the target
Crypto hedge fund giant Pantera Capital is set to close a blockchain fund next month that is backed by around $1.3 billion worth of capital. The Pantera Blockchain Fund was announced in May last year,...
DAO Treasuries Top $8.2 Billion on Ethereum, $1.3B on Solana: DeepDAO
Interest in decentralized autonomous organizations, better known as DAOs, has seen a sharp increase since the rise and fall of ConstitutionDAO, a group that raised $45 million in ETH last year in a fa...
Total Value Locked in Bitcoin Lightning Network Hits 3,479 BTC ($1.3B)
The total value locked on the Lightning Network has tripled since last year to $1.3 billion despite bitcoin’s traversal of sub-$40,000 territory. The number of bitcoins locked in the Lightning Network...
$1.3B Worth Of Ransomware Payments In 2020-21: Report
A Chainalysis report has noted the rising levels of ransomware scams that have siphoned away around $1.3 billion worth of cryptocurrency over the past two years. Ransomware Attacks On The Rise Accord...
Simple math says Russia could collect up to $13B in crypto tax each year
The Russian government is expected to collect up to 1 trillion rubles ($13 billion) in crypto tax each year, as per an estimation by the authorities. The Bell, a local Russian publication, reportedly ...
Software Provider Lukka Raises $110M in Series E at $1.3B Valuation
Lukka, an enterprise crypto-asset software, and data provider has completed its Series E fundraise, pulling $110 million from investors to raise its valuation to $1.3 billion. According to the press r...
Crypto-focused software firm Lukka raises $110M, reaches $1.3B valuation
Cryptocurrency accounting and data company Lukka said it had raised $110 million in a new funding round led by hedge fund giant Marshall Wace. In a Friday announcement, Lukka said it had completed a $...
Funds Lost to DeFi Hacks More Than Doubled to $1.3B in 2021: Certik
The amount of money lost in hacks of decentralized financed (DeFi) projects more than doubled to $1.3 billion in 2021, with centralization the most common vulnerability, Certik said in its inaugural &...
Centralization Caused Most DeFi Hacks of 2021, $1.3B Loss to Users in 2021
The growth of the digital currency ecosystem comes with so many challenges chief of whom is security. Innovative sectors of the industry, particularly decentralized finance (DeFi) have borne more of t...
$1.3B of Bitcoin Withdrawn from Exchanges as Miners’ Reserves Reach Yearly High
After the most recent correction in which BTC lost 15% of value in days, bitcoin miners have started to accumulate in large portions once again. At the same time, yesterday saw the most significant bi...