Li Jiang, chief operating officer at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3. “We think that the future is multichain ...
Tag: Billion
63 Billion SHIB Tokens Purchased by These Whales Just Recently
Yuri Molchan Crypto whales continue to lay their hands on large amounts of Shiba Inu meme coins According to data provided by Etherscan tracker, over the past couple of hours, large cryptocurrency hol...
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion – Altcoins Bitcoin News
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the ...
at-home testing, from Covid to cancer, worth $2 billion dollars
The at-home testing market is bigger than just Covid tests, and it’s bigger than over-the-counter pregnancy tests. In fact, the emerging marketplace of consumer-initiated lab testing may be wort...
NFT Sales Eclipsed $16 Billion in January, DappRadar Says
Vladislav Sopov Due to the hype around LooksRare NFT marketplace, the segment is still on fire despite bearish reversal of crypto Contents LooksRare comes to the rescue, siphons OpenSea’s volume...
News And Notes As WWE Grosses Over $1 Billion
Nick Khan, Stephanie McMahon, Eli Manning and Vince McMahon appear at a March of Dimes event. Credit: Sports Business Journal WWE announced record revenues of over $1 billion during its Q4 2021 and an...
No Way Home’ Didn’t Need China To Pass $1 Billion Overseas
Zendaya and Tom Holland in ‘Spider-Man No Way Home’ Sony and Marvel As Spider-Man: No Way Home spends what could be its final day atop the domestic and worldwide box office before what I a...
How Canceling $15 Billion In Student Loans Impacts The Racial Wealth Gap
Portrait of a young African American male student wearing a protective face mask and his headphones … [+] around his neck, walking trough the city in a yellow shirt with a backpack, a book and a...
WNBA raises $75 million in first-ever funding round, valuing league at $1 billion
The WNBA on Thursday announced it completed its first-ever capital raise, bringing in a host of big-name investors including Nike and former U.S. Secretary of State Condoleezza Rice, as the league loo...
Solana-Based Phantom Wallet Hits Unicorn Status With $1.2 Billion Valuation
After securing $109 million in Series B funding spearheaded by Paradigm, non-custodial crypto wallet Phantom has bumped its valuation to $1.2 billion, bagging unicorn status, Tuesday. Paradigm CEO Br...
Faang Stocks Blindside Traders With $870 Billion Out-of-Nowhere Surge
(Bloomberg) — Retail traders sold the ETF dip, hedge funds bailed at the fastest rate in five months, and institutions cut allocations to lows unseen since the financial crisis. Then the tech me...
Opinion: ARK investors have lost $4 billion — ‘We believe we’re going to see the turn sooner rather than later,’ Cathie Wood says
Four billion dollars would provide for a lot of retirements. It would, for example, pay for about 80,000 of these popular recreational vehicles. Or about 40,000 of these popular boats. Or, more prosai...
Why Facebook lost nearly $200 billion of value in one afternoon
Investors gave Meta CEO Mark Zuckerberg’s grandiose plans to create a metaverse, a digital world accessible through virtual reality, a big vote of disapproval on Wednesday. Shares in the company forme...
Ethereum’s Pure Revenue Reaches $1.2 Billion as More Use Cases Appear on Chain
Arman Shirinyan Here are the most revenue-generating blockchain-based protocols The revenue of the Ethereum blockchain has reached $1.2 billion, according to data provided by token_terminal. Other cha...
China’s JD.com CEO Richard Liu To Donate More Than $2 Billion Of Shares To Charity
Richard Liu, founder and chief executive officer of JD.com Inc., in 2016. Photographer: Qilai … [+] Shen/Bloomberg © 2016 Bloomberg Finance LP One of China’s richest e-commerce entrepreneurs wil...
$325 Million In Crypto Allegedly Stolen From $1 Billion Decentralized Finance Platform
Topline Wormhole Portal, a platform that helps users transfer cryptocurrency between the Solana and Ethereum blockchains, said Wednesday afternoon a hacker had stolen more than $325 million worth of t...
PayPal Stock Crash Wipes Out Over $50 Billion In Market Value After Company Lowers Profit Outlook
Topline Shares of payments giant PayPal had their worst day on record—plunging roughly 25%—after the company issued disappointing revenue and profit forecasts for 2022, citing factors like higher infl...
Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government – Regulation Bitcoin News
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may s...
Russians Own Over $200 Billion Worth of Crypto
A recent estimate by the Russian government has revealed that locals currently own more than 16.5 trillion rubles ($214 billion) worth of cryptocurrencies. Russians Control 12% of Crypto Market Accord...
MicroStrategy Bought Half a Billion Bitcoin – Trustnodes
Microstrategy bought nearly half a billion dollars worth of bitcoin last quarter according to its latest financial filing. The company said they earned $134.5 million during the fourth quarter, a 2.4%...
Dune Analytics raises $69.42 million in Series B, now valued at $1 billion
Crypto analytics platform Dune has entered the unicorn club with its latest $69,420,000 Series B round. The round was led by hedge fund Coatue and brings Dune Analytics’ valuation to $1 billion,...
Nearly $2.3 Billion Worth of Bitcoin Moved Out of Wallet Involved in 2016 Bitfinex Hack: Whale Alert
Nearly $2.3 billion worth of Bitcoin (BTC) stolen in the infamous 2016 Bitfinex exchange heist is moving to a new wallet. Crypto tracker Whale Alert reports that the hacker’s account shifted more than...
Marathon Petroleum stock surges after profit more than doubles expectations, $5 billion added to stock buyback program
Shares of Marathon Petroleum Corp MPC, +3.16% shot up 3.9% toward a more-than three-year high after the oil refiner reported fourth-quarter profit that was more than double what was expected and also ...
302,092 Ethereum Left Exchanges in January as Total Amount of ETH Burned Exceeds $4.7 Billion
Tomiwabold Olajide 302,092 Ethereum transferred in January as ETH burned surpasses $4.7 billion worth According to IntoTheBlock, a total of 302,092 ETH have left centralized exchanges in January amid ...
DGCX Reports Total Traded Value of $7.95 Billion in January
Dubai Gold & Commodities Exchange (DGCX) today reported its trading metrics for January 2022 and posted an increase in trading activity across different products. Overall, the traded value reached...
Trading Turnover on SIX Swiss Exchange Hits CHF 122.1 Billion in January
With a trading turnover of CHF 122.1 Billion in January 2022, the SIX Swiss Exchange witnessed a month-on-month spike of approximately 23.2%. The exchange also saw a sharp increase in the total number...