Quick Take Payments company Block, formerly known as Square, said Thursday that it made $1.96 billion in bitcoin revenue during the fourth quarter of 2021 via its Cash App, producing $46 million in gr...
Tag: Billion
El Salvador’s $1 billion Bitcoin bond called a “meme” by mainstream finance
Bitcoiner Dennis Porter tweeted that El Salvador had raised $500 million for their Bitcoin bond program. JUST IN – El Salvador raises over $500,000,000 for their #Bitcoin bond. ??? — Dennis Porter (@D...
Alibaba Reaches 1.3 Billion Annual Active Consumers, Russian Invasion In Ukraine Sends Asia Equities Lower
Key News Asian equities were a sea of red overnight as Russia began an offensive in Ukraine, citing support for breakaway eastern provinces, but launching airstrikes as far away as Kyiv. Alibaba repor...
Lloyds Bank Posts Net Income of £15.8 Billion in 2021
Lloyds Bank, one of the largest financial services providers in the UK, released its results for Q4 and full-year 2021 today. The banking giant saw a jump in net income as the number reached £15.8 bil...
UPDATE: South Jersey Industries shares soar 47% premarket on news of $8.1 billion acquisition by Infrastructure Investments Fund
An earlier version of this report said the IIF is owned by JPMorgan. It is a private vehicle. The article has been corrected. South Jersey Industries Inc. SJI, -1.22% said Thursday it has entered an a...
$200 Billion Wiped From Crypto Market Cap Following Russia’s Invasion of Ukraine
The market cap of all cryptocurrencies has plunged by $200 billion following Russia’s invasion of Ukraine, a drop of over 12% over the last 24 hours. The current market cap of all cryptocurrencies c...
Russian Stock Market Rout Wipes Out $250 Billion in Value
(Bloomberg) — Russian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest round of Western sanctions yet, wiping out ...
Crypto Markets Shed $200 Billion on Russia-Ukraine Conflict (Market Watch)
After yesterday’s brief recovery attempts, bitcoin nosedive once again following the conflict escalation between Russia and Ukraine and dumped to just over $34,000. Most altcoins suffered even more, w...
Crypto firm Amber Group hits $3 billion valuation in funding round
Singapore-based crypto finance firm Amber has raised funding at a value of $3 billion with Singaporean state investment firm Temasek Holdings among the investors. Amber has been profitable since its i...
FTX moves into $300 billion luxury fashion industry with new hire
Crypto exchange FTX has appointed beauty entrepreneur Lauren Remington Platt as its head of global luxury partnerships, a newly-created position. With a decade of experience, Platt is the founder of ...
ADA Balance Held by Cardano “Hodlers” Rises Above 10 Billion, Highest Since December 2019
Tomiwabold Olajide ADA balance held by Cardano ”hodlers” has risen above 10 billion mark IntoTheBlock analytics reports that the ADA balance held by Cardano ”hodlers” has risen...
Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg – News Bitcoin News
The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token...
Bitcoin’s TVL on Lightning Network now worth over $1 billion
Bitcoin’s recent price performance might not encourage investors, but that has not stopped them from pushing the TVL of assets locked on the Lightning network to a new high. Bitcoin’s lightning TVL sp...
Luna Foundation Guard Raised $1 Billion for BTC Forex Reserves
The Luna Foundation Guard (LFG) has founded a Bitcoin (BTC) denominated forex reserve in a $1 billion private token deal for Terra’s largest stablecoin. LFG is a non-profit organization that helps to ...
LUNA rallies as Terra raises $1 billion to create a Bitcoin reserve for UST
Luna Foundation Guard (LFG) recently completed an over-the-counter sale of LUNA–raising $1 billion from venture capital groups led by Jump Crypto and Three Arrows Capital. Established in the Republic ...
Luna raises $1 billion for Bitcoin reserve fund
The Luna Foundation Guard has announced the raise of $1 billion from an over-the-counter sale of LUNA, which is the native token of the Terra blockchain. The $1 billion fund will be used as an extra l...
XRP Whales Not Holding Back As Mammoth Accumulation Spree Nears $1 Billion ⋆ ZyCrypto
Advertisement     XRP whales have embarked on an unprecedented accumulation spree in recent weeks. The whales have accumulated nearly $1 billion worth of XRP tokens in...
AMD Value Gets Closer to $190 Billion, Climbing Back Above Intel
(Bloomberg) — A rally in Advanced Micro Devices Inc. shares pushed the company’s market value above $188 billion on Tuesday, amid Wall Street’s growing optimism about the chipmaker’s prospects. ...
Stablecoin Supply Near $200 Billion, Faster Growth Than Rest of Crypto
Stablecoin supply shows significant growth during the year. The market cap of the top stablecoins is roughly $181 billion, over 11% of the total crypto market, which is now at $1,6 trillion after shed...
Meritor shares headed toward 24-year high after Cummins buys axle, braking and powertrain maker for $3.7 billion
Shares of Meritor Inc., a maker of axle, braking and electric powertrain components, were headed toward a 24-year high Tuesday, after the company announced a deal to be acquired by diesel truck engine...
LUNA Shoots 10% After Luna Foundation Raises $1 Billion to form UST Reserve In Bitcoin
LUNA, the native cryptocurrency of the Terra ecosystem has surged by 10% in the last 24-hours with its price shooting past $55 once again. This comes as the Luna Foundation Guard (LFG) raises $1 billi...
Terra Says LUNA Token Sale Raises $1 Billion for Bitcoin Reserve
In brief The Lunar Foundation Guard, a nonprofit organization linked to Terra, claims it has raised $1 billion in a private token sale. It says the money will be used for a “UST Forex Reserve de...
HSBC announced growth in profit after tax from $8.6 billion to $14.7 billion. What holds for the stock?
HSBC Holdings PLC (LON:HSBA) received a major boost on Tuesday, 22 February, upon reporting the annual results for the year ended 31 December 2021. The company reported $14.7 billion in profit after t...
Terra Raises $1 Billion for an Emergency Bitcoin Reserve
Key Takeaways Terra and the Luna Foundation Guard have completed a $1 billion sale that sold LUNA tokens to venture capital groups. The funds raised will go toward establishing a Bitcoin reserve that ...
Former Crypto CEO Denies Responsibility for $11 Billion Ethereum DAO Hack
In brief Journalist Laura Shin is alleging that Austrian programmer Toby Hoenisch was responsible for hacking The DAO. Hoenisch, former CEO of TenX, denies the allegations. A former cryptocurrency sta...
Axie Infinity tops $4 billion in NFT sales, ahead of CryptoPunks and Bored Ape Yacht Club
Axie Infinity has become the first NFT collection to surpass $4 billion in total sales, data from tracking site Cryptoslam showed. The play-to-earn blockbuster has garnered a lot of interest in the pa...