Crypto wallet Phantom has announced a $109 million Series B funding round led by Paradigm, an investment firm focused on crypto- and Web3-related companies. The funding round brings the project’s va...
Tag: Billion
January Selloff Wiped $500 Billion Off Crypto Market Cap
Since the beginning of the year, the market value of cryptocurrencies has decreased by approximately $500 billion, plummeting from $2.2 trillion to $1.68 trillion. Tokens across nearly all categories ...
Venture froth catapults FTX to $32 billion valuation
The frothy venture capital market continues to buoy the empire of billionaire trader and entrepreneur Sam Bankman-Fried. FTX Trading Ltd. — the firm behind the US brand that is now ubiquitous across ...
Binance’s Secure Asset Fund for Users (SAFU) Now Valued at $1 Billion
A few years after launching the Secure Asset Fund for Users (SAFU) initiative, Binance has updated it, and its value rose to $1 billion. This comes amid the growing number of hacks and security breach...
NFT trades on LooksRare are mostly wash trading, accounts for over $8 billion
LooksRare popped out of the blue in 2022 as the NFT marketplace that’ll potentially replace OpenSea. With almost $10 billion trading volume on Ethereum, it appears to be giving OpenSea a run for its m...
Citrix Systems Near $13 Billion Buyout by Elliott, Vista: WSJ
Cloud-computing company Citrix Systems is close to a deal to be taken private, The Wall Street Journal reported. Dreamstime Text size This story originally appeared in The Wall Street Journal. Cloud-c...
Visa reports meteoric rise in crypto-linked payments, volumes cross $2.5 billion
Visa recently released its stellar quarterly results. With that, it is also the first quarter after the financial services company amped up its crypto offerings. In its recent earnings call, Visa note...
Criminals Laundered $8.6 Billion Worth of Crypto in 2021: Chainalysis Report
The blockchain-based data platform – Chainalysis – estimated that the total cryptocurrency value laundered in 2021 was $8.6 billion – 30% more than 2020. According to the company, though, such an incr...
Spotify Lost More Than $2 Billion in Market Value After Neil Young Pulled His Music Over Joe Rogan’s Podcast
Spotify’s market capitalization fell about $2.1 billion over a three-day span this week, coming after folk rocker Neil Young yanked his songs from the audio-streaming giant to protest Joe Rogan’s misi...
BofA Sees ‘Zero Capitulation’ as Stock Funds Take In $17 Billion
(Bloomberg) — The brutal selloff this week isn’t scaring investors from putting their money in the stock market. Most Read from Bloomberg In the week that pushed the S&P 500 Index to the ver...
9 Billion SHIB Acquired by Whales as Price Goes Up
Yuri Molchan According to the data from etherscan, whales have purchased more than 9 billion Shiba Inu, while the coin’s price is rising gradually Disclaimer: The opinion expressed here is not investm...
Lucky Block Price Hits $0.0031 as Buyers Aim at $300 billion Valuation
Lucky Block has made a new all-time high of $0.0003135 on only its third full day of trading, as the innovative lottery platform coin continues to break new ground. There are now 14,106 addresses hold...
Almost $1.5 Billion Worth of SHIB Held by Ethereum Whales: Details
Yuri Molchan According to recent analytics data, Shiba Inu remains the largest asset by total USD value in the wallets of top ETH whales; over two billion SHIB have been burned since December WhaleSta...
Monthly NFT trading volume reaches all-time high of $6 billion in January
advertisement Monthly non-fungible token (NFT) trading volume in January has already reached a record high of $6.13 billion, according to The Block Data Dashboard. Monthly NFT volume grew 129% in Jan...
Ethereum Small-Holder Addresses Continue to Grow and Now Control $7.9 Billion Worth
Tomiwabold Olajide $7.9 billion worth held by increasing number of Ethereum small-holder addresses Contents Whales are also buying in What do analysts see? Per recent data from IntoTheBlock, the numbe...
Grayscale’s Digital AUM Drops to $32 Billion
Yesterday, Grayscale published an update regarding the company’s digital assets under management. Due to the latest plunge in cryptocurrency assets, the overall value of its digital assets under manag...
Forgotten BlackRock ETF Posts Mystery $3.7 Billion Inflow in Day
(Bloomberg) — A lifeless BlackRock Inc. ETF with barely any day-to-day inflows over the past 15 years just got a $3.7 billion allocation in one go. Most Read from Bloomberg Launched in 2007, the...
SoftBank’s COO demanded a $1 billion bonus. Is any exec worth that much?
The chief operating officer of Japanese conglomerate SoftBank Group Corp., Marcelo Claure, is preparing to leave his role after founder Masayoshi Son reportedly refused to pay him a $1 billion bonus f...
Companies Holding Bitcoin On Balance Sheet Lose Nearly $7 Billion
Companies with bitcoin on their balance sheets have recorded massive losses following the crash. These companies which have gradually added BTC to their holdings had made a profit into the billions wh...
Crypto Credit Card Usage Reaches $2.5 Billion in Q1: Visa
In an earnings call on Thursday, Visa stated that its customers made $2.5 billion in payments using its crypto-linked cards during the first fiscal quarter of 2022. That’s over 70% of all crypto-card ...
Ripple raises $15 Billion Despite SEC Lawsuit Over XRP
Ripple has purchased back shares from its Series C fundraising round, raising the company’s worth to $15 billion despite SEC lawsuit over XRP. SEC filed a complaint against Ripple Labs, Garlinghouse, ...
Visa says crypto-linked card usage hit $2.5 billion in its first quarter
Coinbase launched its own debit card in an effort to promote the use of cryptocurrencies in payments as well as investing. Coinbase Visa said during its recent earnings call that customers made $2.5 b...
Is crypto snowballing to 1 billion users this year?
Crypto.com raised a few eyebrows this past week when it announced cryptocurrency users worldwide could reach 1 billion by the end of 2022. The timing was curious, given that Bitcoin (BTC) and many ot...
With $2.65 Billion Deal, Fracking Tycoon Rees-Jones ‘Saved The Best For Last’
Trevor Rees-Jones, 2015. Matthew Mahon, for Forbes Dallas billionaire Trevor Rees-Jones says he’s been running around “with my pants on fire” the last few weeks negotiating the $2.65 billion sale of C...
Google To Invest Up To $1 Billion In Indian Billionaire Sunil Mittal’s Bharti Airtel
Sundar Pichai speaks during an event to introduce Google Pixel phone and other Google products in … [+] San Francisco, California. Ramin Talaie/Getty Images Alphabet Inc’s Google on Friday said ...
SynFutures Derivatives DEX Amassed $3 Billion in Cumulative Volume: Details
Vladislav Sopov While still in “open beta,” decentralized derivatives trading platform SynFutures smashes huge adoption milestones Contents SynFutures processed $3 billion in four months S...
Fireblocks Valued at $8 Billion Following a $550 Million Fundraiser
The leading cryptocurrency custodian – Fireblocks – closed a $550 million Series E venture capital round, co-led by Spark Capital, D1 Capital Partners, General Atlantic, Mammoth, and other investors. ...
Fireblocks raises $550 million in Series E funding, now valued at $8 billion
Fireblocks, an institutional crypto custody provider, has raised $550 million in a mega Series E round and is now valued at $8 billion. D1 Capital Partners and Spark Capital co-led the round, with Gen...
Ripple Eyes Adding More Capabilities To The XRP Ledger After Securing Blockbuster $15 Billion Valuation ⋆ ZyCrypto
Advertisement     Ripple CEO Brad Garlinghouse took to Twitter on Wednesday to announce that the San Francisco-based distributed ledger startup had repurchased all ser...
Netflix Is Still Overvalued By At Least $114 Billion
PARIS, FRANCE – NOVEMBER 02: Netflix logo is displayed during the ‘Paris Games Week’ on November … [+] 02, 2017 in Paris, France. Netflix is an American company offering stream...
Chainalysis report reveals $8.6 billion in crypto laundered in 2021, more than 2020
Crypto crime can be a controversial subject, as the often unregulated nature of the asset makes it easy to accuse investors and entrepreneurs of money laundering – while missing out on real scammers a...