The US Justice Department has announced the arrest of two individuals for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, one of the biggest and oldes...
Tag: Billion
US government seizes $3.6 billion in bitcoin tied to 2016 hack of crypto exchange Bitfinex
advertisement The US Department of Justice said Tuesday that it has seized $3.6 billion worth of bitcoin tied to the 2016 hack of crypto exchange Bitfinex. Two individuals, Ilya Lichtenstein and Heat...
Tesla BTC holding is now worth $2 Billion
Leading electric car maker Tesla holds around $2 billion worth of the flagship digital asset, Bitcoin, as of the end of last year. This was contained in the firm’s report to the United States Securiti...
Pfizer stock falls after profit beats but revenue misses, even as COVID-19 vaccine sales of $12.5 billion top forecasts
Shares of Pfizer Inc. PFE, +0.40% sank 2.6% in premarket trading Tuesday, after the drug maker reported fourth-quarter profit that beat expectations, while revenue more than doubled but missed forecas...
Peloton slashes full-year revenue outlook to $3.7 billion to $3.8 billion from $4.4 billion to $4.8 billion
A man walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | Corbis News | Getty Images Peloton on Tuesday slashed its financial outlook for the full year after the c...
Fintech Investments Amount in Singapore Reached over $3.9 Billion in 2021
The financial technology (fintech) sector in Singapore made significant strides in 2021 by hitting $3.94 billion, with crypto and blockchain funding contributing nearly half at $1.48 billion, accordin...
BP Promises Another $1.5 Billion Buyback as Profit Soars
(Bloomberg) — Most Read from Bloomberg BP Plc boosted share buybacks after surging oil and gas prices lifted profit to the highest in almost a decade. The London-based company followed its Big O...
3G Founders Have $1 Billion Bet on Federer-Backed Shoemaker
(Bloomberg) — Two families behind 3G Capital are major shareholders in an $8.8 billion shoemaker backed by Roger Federer that sells a $200 pair of sneakers named for the tennis legend. Most Read...
Why Tesla Invested $1.5 billion In Bitcoin Last Year
A filing with the U.S. Securities and Exchange Commission (SEC) revealed that Tesla, Inc. acquired a total of $1.5 billion in bitcoin during 2021, recording a $101 million impairment loss and $128 mil...
What is PulseX and Why Did People Give It a Billion Dollars?
On Jan 10th, the first stage of PulseX’s “sacrifice” ended, bringing total investment into the project to $1 billion and making it one of the largest funding rounds (albeit unofficial) in crypto histo...
No Way Home’ could have hit $2 billion with China release
Tom Holland stars as Peter Parker in “Spider-Man: No Way Home.” Sony Since its release in December, “Spider-Man: No Way Home” continues to top box office expectations. The film...
Tesla Holding Bitcoin Worth $2 Billion — Sees Crypto as Both Investment and Liquid Alternative to Cash – Featured Bitcoin News
Elon Musk’s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion at the end of...
Stablecoins total market cap just surpassed $150 billion
The adoption of stablecoins, digital assets whose values are pegged most commonly to the U.S. dollar, is spreading by the day as more and more private users and institutions appreciate the benefits of...
SHIB Climbs 50% Higher, as Meme Coin Hits $16 Billion Market Cap – Market Updates Bitcoin News
Shiba inu (SHIB) is up over 50% as of writing, with cryptocurrency markets continuing to gain momentum to start the week. The so-called ‘meme coin’ rally has seen SHIB recapture a $16 billion market c...
USDA to spend $1 billion on agriculture projects tackling climate change
A wind farm shares space with corn fields in Latimer, Iowa, U.S. Jonathan Ernst | Reuters The U.S. Department of Agriculture will spend $1 billion on projects for farmers, ranchers, and forest landown...
Shiba Inu whale addresses hold around 1.5 billion in their wallet addresses
Shiba Inu surged by 26% during Monday’s early Asian trading hours. Amidst the price increase, the dominance of SHIB wales on the Ethereum network has also jumped once again. Data from WhaleStats shows...
Frontier Agrees To Buy Spirit Airlines In $6.6 Billion Deal
Topline Frontier Airlines’ parent company, Frontier Group Holdings, agreed to buy Spirit Airlines in a multibillion-dollar deal, the companies announced Monday morning, forming the fifth-largest airli...
UK’s Fintech Sector Attracts $37.3 Billion Worth of Investments in 2021
KPMG, a multinational professional services network, recently released a report about the surging activities in the financial technology sector of the United Kingdom and highlighted a sharp increase i...
Why Apple should buy Peloton for nearly $15 billion: analyst
Apple (APPL) shouldn’t let Peloton (PTON) end up in the hands of Nike or Amazon, contends Wedbush tech analyst Dan Ives. While Apple is known to be cautious on doing big deals (last one was $3 b...
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
Stablecoin Represents 2.83% of the Crypto Economy’s USD Value USD value of all the stablecoins today is $178.8 billion Fei usd (FEI), has decreased by 26.3% this past month As the whole part of 12,333...
Spirit Airlines and Frontier Group to merge in stock-and-cash deal valued at $6.6 billion
Spirit Airlines Inc. SAVE, +0.18% and Frontier Group Holdings Inc. ULCC, -1.43% said Monday they have agreed to merge in a cash-and-stock deal valued at $6.6 billion including net debt and operating l...
Cryptocurrency Wallet Phantom Marks $1.2 Billion Valuation Amid Recent Funding Round
Investments in cryptocurrency are incomplete without a crypto wallet to store your assets. A good crypto wallet will house your coins and provide adequate security that will be pretty difficult for ex...
Amazon’s $191 Billion Jump Sets Record for Market Value Gain
(Bloomberg) — Amazon.com Inc. gave the market back what Meta Platforms Inc. took away — or at least a big chunk of it. Most Read from Bloomberg The e-commerce giant’s shares surged 14% on ...
Private equity sports investments neared $2 billion in 2021, NBA hot
Ballboys wear gloves while handling warmup basketballs as a precautionary measure prior to an NBA game between the Charlotte Hornets and Atlanta Hawks at State Farm Arena on March 9, 2020 in Atlanta, ...
BMY Stock: Bristol Expects $10.5 Billion Shortfall This Year As Generics Loom
Bristol Myers Squibb (BMY) offered better-than-expected sales guidance Friday, and BMY stock rose despite looming competition for two of its biggest cancer drugs. X Revlimid and Abraxane are among Bri...
Russians Hold Over $200 Billion in Crypto Assets, Local Government Estimates
Russians hold cryptocurrency worth 16.5 trillion rubles They hold around 12% of global cryptocurrency holdings Bank of Russia, government at odds on how to regulate market Russians are accepted to all...
Taiwan Tops $100 Billion In U.S. Trade For First Time In 2021
Taiwan topped $100 billion in U.S. trade for the first time in 2021 on the backs of increasing … [+] exports and surging imports of computers, computer parts, computer chips, cell phones and dig...
Crypto Markets Add $170 Billion in a Day as Bitcoin Explodes Above $41K (Weekend Watch)
After more than two weeks of trading below $40,000, bitcoin finally made a decisive move to reclaim that coveted level. The entire crypto market followed suit with massive daily price increases from E...