A rendering of Bentley’s new electric vehicle production operatins in Crewe, England. Bentley Bentley Motors plans to spend 2.5 billion pounds (about $3.4 billion) over the next decade to become...
Tag: Billion
These Ten Crypto Billionaires Have Lost $27 Billion Since Bitcoin’s Peak In November
The fortunes of the wealthiest Bitcoin, XRP and other crypto investors and entrepreneurs have imploded along with the value of digital assets. The worst may not be over. Bitcoin has fallen nearly 50%...
Ripple announces stock buyback, nabs $15 billion valuation
advertisement Distributed ledger tech company Ripple has nabbed a $15 billion valuation after a private stock buy-back, the company said Monday. The company is repurchasing equity shares from investo...
2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months – Altcoins Bitcoin News
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens...
Multichain vulnerability put a billion dollars at risk, says security firm
The Multichain bug that has led to the theft of $2 million in crypto (so far) could have been “enormous,” according to the company that disclosed the vulnerability last week. Blockchain security firm ...
Defi plunges to 21% in 2 Weeks with TVL as $255.84 Billion
Since January 4, 2022, the value of decentralized finance (DeFi) has fallen by 21.22 percent. The TVL in defi has lost $54.29 billion in value during the first week of January. The total value locked ...
$7 Billion In New Investments For GM EV Plants In Michigan
Early conceptual rendering of Ultium Cells LLC battery cell manufacturing facility in Spring Hill, … [+] Tennessee. Construction on the approximately 2.8 million-square-foot facility will begin ...
Bitmain-Backed Crypto Mining Company Reaches $1.5 Billion SPAC Merger To Go Public
Leo Lu, founder and CEO of BitFuFu. Courtesey of BitFuFu Cryptocurrency mining services company BitFuFu, backed by industry giant Bitmain, is slated to go public in the United States by merging with a...
China’s Top Property Tycoons See Fortunes Drop $30 Billion With Even More Losses Expected
Hui Ka Yan, Yang Huiyan and Sun Hongbin have all seen their fortunes tumble this year. Bloomberg The days of property moguls dominating China’s wealth rankings appear to be at an end. Beijing’s campai...
There could be 1 billion global crypto users by the end of 2022, and more than half will own Bitcoin
The rate of cryptocurrency adoption is growing at an exponential rate. As the market gets more mature, more and more users are jumping onto the crypto train and increasing the global rate of crypto ow...
Ethereum Whale Buys 500 Billion Shiba Amid Market Bloodbath
Arman Shirinyan Anonymous whale buys a large number of Shiba Inu tokens amid market sell-off Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes...
Ethereum Whale Swallows up Over 600 Billion SHIB ($12.1M) Amid Sell-off
Ethereum whales have continued loading up large amounts of the memecoin, Shiba Inu, with one whale splurging over $12 million in a recent SHIB purchase. According to data from the crypto whale tracker...
Short sellers are up $114 billion this year with winning bets against Tesla and Netflix
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish b...
XRP Overtakes SOL With Ease As Solana Drops $20 Billion, Losing Nearly Half Of Its Entire Value In 1 Week ⋆ ZyCrypto
Advertisement     The Solana blockchain suffered another incident that clogged the network and hindered DeFi users from adjusting their collateralized positions. The l...
Ethereum’s Vitalik On How He Dumped Nearly $7 Billion Worth Of Shiba Inu Tokens ⋆ ZyCrypto
Advertisement     If you thought dumping billions worth of unsolicited tokens that arrive in your wallet was easy, you’re wrong. Just ask Ethereum co-founder and devel...
China’s consumers spent $73.6 billion on luxury goods at home in 2021
Consumers linger outside a Haikou duty free shop at Riyue Square, Haikou City, Hainan Province, China, on September 2, 2021. Wang Jianfeng | Future Publishing | Getty Images BEIJING — Chinese consumer...
Fantom (FTM) Surpasses Avalanche and Solana as DeFi TVL Crosses $12 Billion
Fantom (FTM) is the next big daddy in the list of Ethereum-competitors. Recently Fantom has toppled giants like Avalanche and Solana in terms of DeFi total-value-locked (TVL) which has now crossed $12...
Starboard-Backed Acacia Research Makes $9 Billion Bid for Kohl’s. What to Know.
Text size Photo by Bruce Bennett/Getty Images Activist hedge fund Starboard Value is behind a group that made a $9 billion bid for department-store operator Kohl’s , according to a report. The bidding...
Kohl’s Said to Get $9 Billion Bid Backed by Starboard Value
(Bloomberg) — A group backed by activist hedge fund Starboard Value LP is offering about $9 billion for retailer Kohl’s Corp., according to people familiar with the matter. Most Read from Bloomb...
Crypto owners will cross the One Billion mark in 2022, says Crypto.com
In a recent report by crypto exchange and trading platform Crypto.com, analysts have predicted crypto owners to hit one million Singapore based online crypto trading platform Crypto.com releases its ...
‘Spider-Man’ Tops ‘Jurassic World’ And Nears $1.7 Billion
Tom Holland in Spider-Man No Way Home Sony Sony and Marvel’s Spider-Man: No Way Home topped the box office yet again in this unfortunately empty post-holiday frame, earning a robust $14.125 million fo...
A $500 Billion Market In 2022 As Amazon, Google, Facebook, TikTok Jump In?
Livestream shopping is projected to rake in a massive $480 billion in China this year, according to eMarketer, but only $11 billion in the United States, according to Foresight Research. That could ch...
$1 Billion Just Sent From Tether Treasury to Binance: Here is Why
Amid the current market crash, $1 billion worth of USDT was transferred from Tether’s treasury to Binance. The past couple of days were particularly devastating in both the cryptocurrency and the lega...
Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81% – Market Updates Bitcoin News
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days...
Binance And FTX Worst Hit Exchanges As Losses Climb Almost Two Billion Combined
The last 48 hours have seen unprecedented happening in the world of cryptocurrencies. According to Larry Cermak, VP of Research at @TheBlock__, the interest in futures exchanges has tanked dangerously...
Second Consecutive Crash Day Extends Investor Loses Over $350 Billion, El Salvador Buys the Dip
On Frida, January 21, the broader cryptocurrency market extended further losses tanking another 8%. This is the second consecutive day of heavy selling in the crypto space as investors lose more than ...
GM Planning $6.5 Billion Investment In Michigan Electric Vehicle Plants, State Says
Topline General Motors and Ultium Cells — a battery developer run by GM and LG Energy Solution — are planning a $6.5 billion investment in electric vehicle and battery plants in Michigan, according to...
Ethereum Founder Vitalik Buterin Details How He Dumped $6.7 Billion in SHIB
Just how easy is it to get rid of nearly $7 billion worth of a cryptocurrency that you don’t want? Probably a lot harder than you might think, according to Ethereum co-founder Vitalik Buterin. During ...
Buffett’s MidAmerican Energy plans $3.9 billion wind, solar project
This image from 2016 shows a wind turbine on property used by MidAmerican Energy’s Eclipse Wind Farm in Adair, Iowa. Daniel Acker | Bloomberg | Getty Images A subsidiary of Warren Buffett’...
A16z to Raise $4.5 Billion for Crypto Investments – Bitcoin News
A16z, a leading VC company in crypto, is reportedly ramping up its investments in the field this year. The company is said to be looking for $4.5 billion to invest in different cryptocurrency-related ...
America’s Winningest Fracker Said To Be Near $2.4 Billion Shale Gas Sale
Trevor Rees-Jones in the “party barn” on his ranch, fall 2015. Matthew Mahon, for Forbes, 2015. If the rumors are true and Dallas billionaire Trevor Rees-Jones is set to sell his Chief Oil...