The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Im...
Tag: Billion
Russians Are Estimated To Hold $200 Billion Worth Of Crypto ; Will This Stir Government Push Back?
Russians own over $200 billion worth of cryptocurrencies going by an estimate of the country’s government. The estimate could have influenced the recent pivot the government of Russia made from wantin...
Solana’s Phantom Wallet Now Valued at Over $1 Billion
Phantom also revealed that it now has 2 million active users on its platform within six month. Developers of the Solana Web3 wallet app, Phantom, have announced that they raised $109 million in the se...
$3.6 Billion in Bitcoin From the 2016 Bitfinex Hack Consolidates Into a Single Address – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
FTX’s valuation reaches $32 billion after a $400 million funding round
FTX, one of the largest cryptocurrency exchanges, recently closed a funding round that increased its valuation to $32 billion. A Monday announcement noted that the exchange had raised $400 million in ...
SeaWorld Makes $3.4 Billion Takeover Bid for Cedar Fair
(Bloomberg) — SeaWorld Entertainment Inc. has offered to buy amusement park owner Cedar Fair for around $3.4 billion, people with knowledge of the matter said. Most Read from Bloomberg SeaWorld ...
Kremlin: Russians Hold Over $200 Billion In Crypto
Russians own 16.5 trillion rubles ($214 billion) in crypto, according to government figures. Given the lack of clarity in the country’s crypto legislation, estimates are expected to be conservative. R...
Billionaire Saylor’s MicroStrategy Bought $25 Million In Bitcoin During Last Month’s $500 Billion Crypto Market Crash
Topline MicroStrategy, the data analytics firm helmed by billionaire cryptocurrency bull Michael Saylor, announced its latest big investment in bitcoin on Tuesday morning, yet again doubling down on i...
USD Coin (USDC) Circulating Supply Eclipses $50 Billion
Vladislav Sopov Second largest stablecoin just smashed through another jaw-dropping milestone Contents USDC surpasses $50 billion in market cap Who is the winner of the “digital currency” ...
MicroStrategy ($MSTR) Buys Another 660 Bitcoins; Over $1 Billion Profit in Bitcoin So Far
MicroStrategy CEO Michael Saylor today announced that his firm has purchased an additional 660 bitcoins for ~$25.0 million in cash today. MicroStrategy bought these Bitcoin at an average price of ~$37...
Bitfinex Hackers Move $3.6 Billion of Stolen Bitcoins
Stolen bitcoins from the 2016 Bitfinex hack are moving. The BTC address that held the cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are ne...
AT&T Sets Plan to Spin Off WarnerMedia in $43 Billion Deal
AT&T announced that its board has decided to spin off the telco’s interest in WarnerMedia — rather than structure the media conglom’s divestiture as a split-off. The transaction will spin off 100%...
Israel’s $10 Billion Answer to Stripe Wants to Crack U.S. Market
(Bloomberg) — Israel’s most valuable private technology company is in talks to buy a U.S.-based business to establish a foothold in the world’s biggest economy ahead of an initial public offerin...
Bitcoin worth $2.5 billion moved by 2016 Bitfinex hackers
Bitfinex hackers who stole funds from the crypto exchange in 2016 moved a total of 64,643 bitcoins (worth nearly $2.5 billion at current prices) to unknown wallets on Tuesday. The movements were track...
One Billion XRP Unlocked as Ripple Injects More Coins in Circulation
Yuri Molchan Ripple tech behemoth has unleashed another massive portion of XRP tokens and moved 20 million to one of its ODL corridors Contents Here goes another billion XRP Ripple sends 20 million to...
UBS Reports Net Profit of $7.5 Billion in 2021
The Swiss multinational investment bank and financial services company, UBS published its financial results for the full-year 2021 today. The net profit of UBS came in at $7.5 billion. The full-year o...
Binance’s SAFU fund reaches $1 billion
TL; DR Breakdown Binance announces $1 billion milestone of SAFU fund The exchange stores the fund in an offline wallet Binance has made use of the fund in the past Binance has been having a not-so-goo...
Binance Announces SAFU Fund Has Reached $1 Billion – Bitcoin News
Binance has announced one of its trademark features, the SAFU fund, has reached a milestone in its development. The SAFU fund, an acronym that stands for “Secure Asset Fund for Users,” has reached the...
FTX Nabs $400 Million at $32 Billion Valuation
Alex Dovbnya Cryptocurrency giant FTX has reached a $32 billion valuation Contents Global expansion No need for an IPO Cryptocurrency behemoth FTX raised $400 million in a Series C funding round that ...
Ethereum to hit $20 billion market cap by 2030
TL;DR Breakdown • Cathie Wood indicates that Ethereum has a promising future ahead.• Ark Invest executive director believes that ETH will reach new ATHs. Even though the cryptocurrency market has had ...
FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation – Finance Bitcoin News
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The cr...
FTX Taps $32 Billion Valuation Despite Crypto Bloodbath
FTX, a major cryptocurrency exchange, announced on Monday that it had raised $400 million from investors including SoftBank, valuing the platform at $32 billion, making it one of the most valuable sta...
Binance builds up $1 billion insurance fund to cover potential hacks
advertisement Binance has amassed around $1 billion for an insurance fund, created as a buffer against the impact of a potential hack. The exchange has been earmarking money to protect users interests...
Crypto exchange FTX valued at $32 billion amid bitcoin price plunge
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrency exchange FTX saw...
Binance Raises $1 Billion Towards Personal Insurance Fund
Binance Holdings Ltd. announced that it had built a $1 billion insurance fund for its users amidst a series of cyberattacks against its platforms, according to a company memo. While the memo revealed ...
How Can Putin Afford War In Ukraine? His $130 Billion Gold Horde Helps
Putin visiting the Central Depository of the Bank of Russia in 2011. AFP via Getty Images How can Russian President Vladimir Putin afford the costs — both direct and indirect — of a new war in Ukraine...
FTX soars above $32 billion in valuation
TL; DR Breakdown FTX records a valuation of more than $32 billion US arm of the company now worth $8 billion The company wants to increase its foothold In the last few weeks, the crypto market has bee...
What Joe Rogan Controversy? Spotify Surges As Expert Declares Stock Undervalued After $10 Billion Crash
Topline Shares of Spotify surged Monday following a bullish analyst rating, helping to pare losses stemming not from the high-profile controversy around Joe Rogan’s podcast, but instead shockwaves sen...
Crypto Exchange FTX Now Valued at $32 Billion With $400 Million Raise
In brief FTX has raised $400 million in a Series C round, which values the firm at $32 billion. Last week, FTX US raised a $400 million Series A at a $8 billion valuation. Cryptocurrency exchange FTX ...
FTX Valuation Hits $32 Billion Following a $400 Million Funding Round: Report
Days after its US branch raised $400 million, so has done the global exchange FTX. Thus, its total valuation grew to $32 billion. CryptoPotato reported last week the funding round in which FTX US rais...
Billionaire Bankman-Fried’s Crypto Exchange FTX Lands $32 Billion Valuation And $400 Million In New Funding
Topline In its third funding round in six months, FTX Trading, one of the world’s busiest cryptocurrency exchanges, has raised another $400 million in new investments, the firm announced Monday ...
Citrix Is Being Bought by Elliott, Vista for $13 Billion
(Bloomberg) — Elliott Investment Management, and Vista Equity Partners agreed to acquire software-maker Citrix Systems Inc. for $13 billion, marking the first big leveraged buyout of the year. M...