Text size Asana co-founder and CEO Dustin Moskovitz has bought more than $1 billion worth of the company’s stock since last June. Courtesy Asana In what is likely the most aggressive run of insi...
Tag: Billion
Super Bowl betting to top $7.6 billion. Don’t forget taxman if you win
Algerina Perna | Baltimore Sun | MCT | Getty Images If you plan to drop money on a Super Bowl bet this weekend, remember the IRS will be looking for its cut of your winnings. Americans are expected to...
36.8 Billion SHIB Bought by Several Whales Just Now: Details
Yuri Molchan Nearly 40 billion SHIB have been purchased and transferred within just a few minutes, as per freshly provided data Contents Almost 37 billion SHIB transferred by whales and exchanges SHIB...
Couple accused of laundering $4.5 billion in bitcoin face bail decision in DC
The couple accused of laundering $4.5 billion in stolen bitcoin will continue negotiating their bail agreement in Washington DC, according to a new transport order. Heather Morgan, known also by the r...
Stablecoins Reserves On All Exchanges Hit New Record High Of $27 billion
The crypto market has been on a recovery path from the slump it was in. Bitcoin, the benchmark cryptocurrency, has gained over 20% in the last seven days. The market may be poised for even more upside...
The Feds Just Seized $3.6 Billion in Bitcoin. Who Gets to Keep It?
In brief Bitfinex says it is entitled to the return of more than 94,000 Bitcoins as the “victim” of the hack. That may be unlikely given the company is under a cloud of regulatory and poss...
Uber Says Ebitda Could Hit $5 Billion. Stock Drops After Halt Is Lifted.
Text size Uber’s latest forecast was in line with what Wall Street had expected/ Alastair Pike / AFP via Getty Images Uber expects to expand its gross bookings by between 22% and 25% a year thro...
Binance’s Secure Asset Funds for Users reaches $1 billion valuation!
Binance recently announced that its Secure Asset Fund for Users (SAFU) reached the valuation of $1 billion. The platform had established the emergency insurance fund in July 2018 in order to protect t...
Biden Opens Access To $5 Billion To Build National EV Charging Network
US President Joe Biden talks about manufacturing chargers for electric vehicles on Feb. 8, 2022. AFP via Getty Images The Biden Administration is opening up access to at least $5 billion in new federa...
Biden rolls out $5 billion to states for electric vehicle chargers
President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly plant, Wednesday, Nov. 17, 2021, in Detroit. Evan Vucci | AP The Biden administration this week r...
Why Tesla holding $2 billion in Bitcoin is ‘a distraction and sideshow’: Analyst
As detailed in a broad SEC filing this week, Tesla gave investors an update on its Bitcoin holdings. Parsing through the disclosure, it boils down to this: Tesla bought around $1.5 billion in bitcoin ...
Blockchain Company Alchemy Triples Valuation In Just Three Months To $10.2 Billion As Web3 Fever Rages
Alchemy CEO Nikil Viswanathan (L) and CTO Joseph Lau (R) have spent most of their adult lives cofounding companies, including Alchemy, together. Alchemy In August 2020, Nikil Viswanathan and Joe Lau m...
Avalanche’s TVL Is Now Over $10 Billion
Avalanche, an open-source blockchain computing platform that has been touted as a rival to Ethereum, has surpassed $10 billion in total value locked (TVL). The new record is based on its native token,...
Due To Industry Demand, Pocket Network Growth Increased By 80% Month Over Month To 9.5 Billion Relays
Recently reported a surge in sales with a record of 9.5 billion relays serviced in January – up over 80% from the previous month. In just one year, this achievement has resulted in a 100x increase in ...
Global Crypto and Blockchain Investments Soared in 2021, Rising 5.5X to $30 Billion – Markets and Prices Bitcoin News
A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypto and blockchain space grew 5.5 times the previous year to more than a record $30 billion in 2021. KPMG ...
US Department of Justice nabs couple for allegedly trying to launder $3.6 billion worth of Bitcoin
The US Department of Justice announced Tuesday that the law enforcement authorities have captured a married couple linked to the Bitfinex crypto exchange hack incident in 2016. The married couple, Ily...
Lebanon Planning to Devalue Currency by 93%, Depositors to Lose $38 Billion – Economics Bitcoin News
The Lebanese government is reportedly planning to devalue the local currency by up to 93% in a desperate bid to receive funding from the International Monetary Fund (IMF). As part of the plan, a major...
Stablecoins Total Market Cap Breaches $179 Billion Mark
Stablecoins, the digital currency that is the talk of the town, are gradually taking over the crypto world as more users and corporations vie for its benefits. Such news doesn’t come as a surprise any...
Opensea’s All-Time NFT Sales Volume Crosses $20 Billion – Bitcoin News
Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform sinc...
Russian Government Eyes $13 Billion in Taxes From Crypto Economy – Taxes Bitcoin News
Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institut...
U.S. Cracks One Of The Biggest Crypto Heists, Arrests Couple For Laundering $4.5 Billion In Bitcoin
The US Justice Department has cracked one of the biggest cryptocurrency heists worth a staggering $3.6 billion in bitcoin tied to the 2016 hack of digital currency exchange Bitfinex. In addition, the ...
Over $6 billion has been lost to just two crypto scams
Scams were among the leading causes of cryptocurrency deaths, accounting for over 500 doomed coins so far. This is the finding in the latest report from Traders of Crypto, which analyzed over 2,300 “d...
If Russia regulates the market, Moscow could pocket $13 billion in crypto tax each year
While Moscow continues weighing its options for regulating cryptocurrencies, preliminary estimates suggest that Russian authorities could collect up to $13 billion (1 trillion rubles) from taxing the ...
Wife of couple accused of $4.5 billion Bitcoin swindle gave cybersecurity advice
Tuesday’s announcement from the Department of Justice — that it had seized some $3.6 billion previously stolen from crypto exchange Bitfinex back in 2016 — created an inevitable wellspring of in...
Pocket Network Growth Up 80% MoM To 9.5 Billion Relays Due To Industry Demand
Tampa, FL, United States, 8th February, 2022, Chainwire 100X YoY increase in daily relays (API calls) administered over a decentralized node infrastructure worth over $550M Pocket Network, a relay in...
Justice Department Seizes Over $3.6 Billion Worth of Bitcoin Linked to Bitfinex Hack
The U.S. Justice Department has seized $3.6 billion worth of Bitcoin, marking the largest seizure of cryptocurrency of all time and the biggest financial seizure ever. In a statement, the Justice Depa...
Total Supply Of Decentralized Stablecoin DAI Exceeds $10 Billion
Currently, DAI is the fifth-largest stablecoin by market capitalization. Tether (USDT) may have continued to be the market leader after all these years, but DAI has the perk of being open-source and d...
Feds Seize $3.6 Billion In Stolen Bitcoin, Arrest Couple Five Years After Massive Crypto Exchange Hack
Topline U.S. authorities arrested a New York City couple Tuesday for allegedly conspiring to launder $4.5 billion worth of bitcoin stolen during a hack of cryptocurrency exchange Bitfinex in 2016, $3....
Alchemy raises at $10.2 billion valuation in round led by Silver Lake
Alchemy, the crypto infrastructure company powering a wide-range of DeFi applications and NFT platforms, has nabbed a $10.2 billion valuation in a funding round that added $200 million to its coffers,...
January fintech VC roundup: Checkout.com’s $1 billion raise continues the payments spending spree
Quick Take In January 2022, fintechs raised $10.7 billion globally — this is a 45% increase from the same time period of the previous year. Fintechs have kicked off the start of the year with a bang...
US Government Seizes $3.6 Billion Worth of Crypto Linked to Bitfinex Hack
Alex Dovbnya The U.S. Department of Justice has confiscated worth of crypto linked to the infamous Bitfinex hack The United States Department of Justice (DOJ) has seized $3.6 billion worth of cryptocu...
Pfizer Triggers $28 Billion Stock Plunge After Warning Covid Vaccine Sales May Disappoint This Year
Topline Despite skyrocketing revenue from the sale of Covid-19 vaccines, shares of Pfizer plunged Tuesday morning after the pharmaceutical giant issued worse-than-expected revenue guidance for this ye...