Silvergate Bank’s Parent Company Reported Massive 1Bn USD Loss in Q4 2022

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Binance US acquires Voyager Digital assets for $1bn

Binance US agreed to acquire the bankrupt lending firm Voyager for $1.022 billion. The company announced the bid in a press release on Dec. 19. The purchase value is set at $1.022 billion with an incr...

Why Is Binance Pumping $1bn Into This Crypto Initiative?

Join Our Telegram channel to stay up to date on breaking news coverage The Binance exchange has announced that it will spend $1 billion to set up an industry recovery fund. This fund will provide fina...

Binance Launches $1Bn Industry Recovery Initiative

Binance has announced the formation of what it refers to as an “industry recovery initiative” in the wake of the failure of the cryptocurrency exchange FTX and its sister company, Alameda Research. Th...

Bankman-Fried Received $1Bn in Personal Loan from His Company

Sam Bankman-Fried, the founder of the FTX exchange and Alameda Research, a cryptocurrency trading platform, seemed to confuse his bank and his companies. According to John Ray, the new CEO in charge o...

SBF Received $1Bn In Personal Loans From Alameda Research

Sam Bankman-Fried a.k.a SBF, the former CEO of FTX, acquired a $1 billion personal loan from Alameda Research, one of the four silo firms that played a significant role in the demise of the FTX crypto...

Against $9bn In Liabilities FTX Holds Less Than $1bn In Liquid Assets

The day before FTX.com filed for bankruptcy, Sam Bankman-primary Fried’s international crypto exchange had just $900 million in liquid assets versus $9 billion in liabilities, according to investment ...

Will Terra Classic Go Up in 2023? LUNC Price Pumps 19%, Back to $1Bn Market Cap

Terra Classic is in the midst of a major price pump with investors bullish on the prospect of the coin reaching levels the old Terra reached before its dramatic collapse at the start of the year. Terr...

1Bn Crypto Users Forecasted in the Next Decade, Says Coinbase CEO

Brian Armstrong, CEO of Coinbase Global Inc, said there would be as many as 1 billion users of cryptocurrencies within the next decade. Bloomberg reported, citing Armstrong’s remarks during a co...

Luna Foundation Guard Raises $1Bn to Save UST Dollar Peg

The LFG (Luna Foundation Guard) recently raised over 1 billion dollars in its private token sale. The NPO was established with the aim to boost the development of the Terra framework. Now, the organiz...

Checkout.com Ends $1Bn Funding Round Valued at $40Bn

Global payments firm Checkout.com, today (Wednesday) closed a $1 billion Series D funding round which gives the cloud-based, end-to-end payments platform a $40 billion valuation. Today’s Series ...