Animoca Brands has raised $360 million in a fresh round of funding. As such, the valuation of the Hong Kong-based company has doubled since October 2021 to $5.5 billion. The latest round of investment...
Tag: Billion
Microsoft Acquires Activision Blizzard for Almost $70 Billion » NullTX
The big news of this week is Microsoft’s acquisition of Activision Blizzard. Microsoft announced today plans to acquire the gaming company Activision Blizzard for $68.7 billion. The recent acquisition...
Ford Sees $8.2 Billion Gain on Its Investment Following Rivian’s IPO
(Bloomberg) — Ford Motor Co. expects to record a gain of $8.2 billion in the fourth quarter on its investment in Rivian Automotive Inc. after the electric-truck maker’s blockbuster initial publi...
Jeff Bezos: Covid-19 earns $ 81.5 billion
Jeff Bezos, founder of Amazon and Blue Origin, has earned $81.5 billion from the Covid-19 pandemic, according to an Oxfam report. Italian art critic Vittorio Sgarbi calls on the billionaire to pay res...
Pantera’s new venture fund sees $1 billion in total commitments
Pantera, a crypto investment firm, is preparing to raise more than $1 billion for a new venture fund, according to an email distributed on Tuesday. The firm — which has backed crypto projects and comp...
Companies hit record $14.5 billion in 2021
A rendering on a Dream Chaser spaceplane in orbit. Sierra Space Private investment in space companies last year set a record, according to a report Tuesday by New York-based firm Space Capital. Space ...
Investors Poured Record $14.5 Billion Into Space Companies Including Elon Musk’s SpaceX In 2021
Topline Space companies including SpaceX and Sierra Space received nearly $15 billion of private investments in 2021—including a whopping $4.3 billion in the fourth quarter, a record-setting year for ...
China’s digital yuan notches $8.3 billion transactions in half a year
A sign for China’s digital currency, the electronic Chinese yuan (e-CNY) is displayed at a shopping mall in Shanghai on March 8, 2021. STR | AFP | Getty Images BEIJING — In a country where consu...
Crypto Markets Lose $100 Billion Daily as Bitcoin Dips Below $42K (Market Watch)
Bitcoin’s adverse price movements continue with the asset sliding below $42,000. Most of the altcoin space is in an even more gloomy situation, with substantial losses from Ethereum, Binance Coin, Ava...
Cardano (ADA) Price Rises By 30% Last Week, Transactions Volume in last 24 hrs Surpasses $5 Billion
In the past week, as most of the crypto coins have traded sideways, Cardano’s ADA token has shown a surge in its trajectory. Often regarded as Ethereum’s nemesis, ADA rose by 30% in the last seven day...
ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion – Technology Bitcoin News
The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has incre...
India’s Oyo Hotel Startup to Target $9 Billion Valuation in IPO
(Bloomberg) — Oyo Hotels, the once hard-charging Indian startup that struggled during the pandemic, is eyeing a valuation of about $9 billion in its initial public offering after preliminary con...
Bitcoin, crypto-ATMs, and why they might be worth over a billion in 2028
The ease with which cryptocurrency ATMs allow users to buy and exchange digital assets has been one of the driving forces behind the surge in their adoption over the past year. It reportedly saw the i...
NFTs sold in the last seven days were worth over $2.5 billion
Despite the current sentiments about the crypto industry, the non-fungible token space has continued its impressive run this year. The NFT space recorded over $2.5 billion worth of sales within the pr...
$1.6 Billion Bitcoin Miner to IPO – Trustnodes
Rhodium Enterprises, the Texas based bitcoin miner is hoping to raise $1.6 billion in an Initial Public Offering on Nasdaq this Thursday. The company is offering 56,839,846 shares of Class A common st...
Bitcoin ATM Market Expected to Reach $1.88 Billion by 2028
Following the increase in the number of cryptocurrency users, the global bitcoin ATM market is expected to reach $1.88 billion by 2028. According to a report published by market research and consultin...
Up to three-quarters of the $800 billion PPP flowed to business owners instead of workers, study finds
The benefits of the landmark small-business relief program designed at the height of the pandemic mostly went to business owners rather than workers, a study from leading economists finds. The study f...
Unilever Needs £7 Billion Bump to Win Glaxo Unit, Analysts Say
(Bloomberg) — Unilever Plc would need to raise its bid for GlaxoSmithKline Plc’s consumer health-care unit by about 7.3 billion pounds ($10 billion) to have a hope of winning the backing of GSK’...
Georgia’s Film And TV Tax Credit Hits Record $1.2 Billion In Reimbursements
NEW YORK, NEW YORK – AUGUST 03: A street artist paints a large mural for HBO’s “Lovecraft Country” … [+] on a wall in Williamsburg, Brooklyn during Phase 4 of re-opening ...
‘Spider-Man’ Passes $700 Million Domestic And $1.6 Billion Worldwide
Tom Holland in Spider-Man No Way Home Sony Spider-Man: No Way Home earned another $20.8 million (-36%) in its fifth Fri-Sun weekend, bringing its 31-day total to $698.7 million in North America alone....
$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge – Markets and Prices Bitcoin News
During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate...
New York State Tax Receipts Surge to $12.9 Billion Over Forecast
(Bloomberg) — New York state tax revenue soared to $84.4 billion in the first nine months of the fiscal year, $12.9 billion more than forecast, bolstered by a business tax established in April a...
FTX Hires Lightspeed’s Amy Wu to Lead New $2 Billion Crypto Fund
(Bloomberg) — Most Read from Bloomberg Amy Wu has left Lightspeed Venture Partners for crypto-exchange FTX, where she will lead a newly launched $2 billion venture capital fund. The fund, known ...
FTX Announces Launch Of $2 Billion Venture Fund
The FTX crypto exchange has announced the launch of FTX Ventures, its new venture capital fund. The $2 billion venture fund will back different Web3 teams that are creating projects in software, gamin...
FTX launches $2 billion Ventures fund, hires former Lightspeed Partner
FTX poaches Lightspeed Partner Executive Amy Wu to lead FTX Ventures FTX aims to advance global blockchain The $2B Fund will invest in multi-stage companies and projects FTX Trading Limited (“FTX”), t...
Crypto exchange FTX launches a $2 billion venture capital fund
Crypto exchange FTX recently announced the launch of a $2 billion venture capital fund–FTX Ventures. According to the official announcement made by the crypto exchange, FTX hired a former partner at L...
Navient to cancel $1.7 billion in private student loans as part of settlement with 39 attorneys general
Roughly 66,000 borrowers will see their private student loans canceled — totaling more than $1.7 billion in relief — thanks to a deal between 39 state attorneys general and student-loan giant Navient ...
Federal Reserve Balance Sheet May Shrink By $100 Billion A Month, Adding Stock Market Risk
The Federal Reserve gave the stock market a jolt on Jan. 5 when minutes from the December meeting revealed a consensus that Covid-era asset purchases should unwind sooner and at a faster pace than the...
FTX set to stand out in 2022 after $2 billion worth of funding
• The crypto company to invest in video games, Dapps, or other projects.• FTX seeks to overtake Coinbase, its closest competitor. The crypto exchange FTX, managed by Sam Bankman-Fried, announces fundi...