(Bloomberg) — Chile, Latin America’s stand-out economy for the better part of 50 years and a darling of Wall Street, is in many ways facing an existential moment. Most Read from Bloomberg Its Mi...
Tag: Billion
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings – Bitcoin News
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cry...
Whale Caught Dumping 443 Billion SHIB Amid Price Surge
Shiba Inu (SHIB) price rally backed by the Shibarium update and Ethereum (ETH) whales buying saw a decline on Thursday. World’s second largest meme crypto’s price dropped by over 9% in the last 24 hou...
FTX Identified Approx. $5.5 Billion of Liquid Assets
FTX Trading Ltd. and its affiliated debtors, announced on January 17th, 2023, that their top level management and advisors met with the members of and advisors to the Official Committee of Unsecured C...
Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023 – Economics Bitcoin News
The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’ return to the country’s foreign market where they reportedly poured...
FTX Identifies $415 Million Hack amongst Recoverable $5.5 Billion Digital Assets
Embattled crypto exchange FTX fingered a $415 million hack from November as part of assets recovered to pay off creditors. Fallen crypto exchange FTX has identified a $415 million crypto hack as part ...
SHIB’s market cap grows $1.7 billion in a week as bullish meme coin sentiment rises
Although the substantial price increases in the cryptocurrency sector since the year’s turn have started to slow down, Shiba Inu (SHIB) is still recording powerful advances on its charts, positioning ...
FTX: Alameda could borrow up to $65 billion without collateral
FTX’s back door to Alameda gave the research arm access to borrow billions of customers fund without collateral The recovered funds are less than the assets that were supposed to be on both FTX.com an...
FTX finds $5.5 billion in liquid assets, still faces ‘substantial shortfall’
Collapsed crypto exchange FTX said Tuesday it has identified $5.5 billion of liquid assets, but said based on current estimates both the international and U.S. based exchange still face a “subst...
Silvergate Capital Announced a $1 Billion Net Loss for Q4, 2022
The cryptocurrency-focused bank – Silvergate Capital – reported a net loss of $1 billion for the last quarter of 2022 due to the turmoil reigning in the digital asset sector. The firm recently laid of...
FTX debtors identify $5.5 billion of liquid assets in ’Herculean effort’
Beleaguered crypto exchange FTX identified $5.5 billion in liquid assets in what CEO John Ray called a “Herculean effort” to assess the firm’s financial situation. FTX debtors have identified $1...
DeFi Begins Recovery As TVL Exceeds $45 Billion
Decentralized Finance (DeFi) has always been the most evolving sector in the Web3 space. With new innovations and protocols popping up in the DeFi industry, the ecosystem total value locked (TVL) cont...
Silvergate reports $1 billion net loss amid significant outflows
Silvergate Capital Corporation (NYSE:SI) and its wholly-owned crypto-focused subsidiary Silvergate Bank, recorded a more than $1 billion net loss during the fourth quarter of 2022, according to financ...
Silvergate posts $1 billion loss as crypto industry suffers a ‘crisis of confidence’
Crypto-focused bank operator Silvergate reported a more than $1 billion net loss for the fourth quarter as the sector suffered a “crisis of confidence.” Silvergate posted a net loss...
Global crypto market cap nears $1 trillion after pumping $140 billion in a week
The first month of 2023 is well underway, and the participants in the cryptocurrency market are already showing obvious signs of renewed optimism, demonstrated by the massive influx to the global cryp...
DeFi TVL Tops $50 Billion For the First Time in Ten Weeks
Decentralized finance (DeFi) collateral has been increasing since the beginning of the year. The move has mirrored the crypto market rally as confidence slowly returns. The dollar amount of collateral...
Almost Half Billion XRP Moved Amid Price Surge
XRP News: Ripple native crypto, XRP price is on a constant surge as the investors’ sentiment towards the digital asset market improves. However, data depicts that the crypto whales are moving millions...
Alibaba Bulls See $140 Billion Rally Extending on Cohen’s Buy
(Bloomberg) — China tech bulls expect activist investor Ryan Cohen’s foray into Alibaba Group Holding Ltd. to add impetus to the stock, which has increased more than $140 billion in market value...
Close to Half Billion XRP Wired by Binance and Whales as XRP Jumps into Green: Details
Yuri Molchan Nearly 430 million XRP have been shoveled by world’s largest exchange and anon wallets from other platforms Contents Binance shovels massive XRP sums XRP recovering after fall Over ...
UAE VC Companies Launch $1 Billion Fund For The Tech Ecosystem
Venom Foundation has announced the creation of Venom Ventures Fund, a next-generation venture capital incubator that will invest in Web3 and related blockchain projects and help them reach their full ...
NFTs boost the market capitalization of Disney to $257 billion
Disney, founded in 1923, is well known for its entertainment offerings like characters and theme parks. It was established collectively by Walt Disney and Roy Disney as an entertainment and media comp...
Cybercriminals Steal Over $3.5 Billion In Crypto In 2022
Imagine the sad faces of thousands to even millions of investors in the cryptocurrency market when news of a huge amount of digital currency assets have been stolen by hackers during a single fiscal y...
Report: Nigeria Debt Management Office’s $48.8 Billion Debt Contravenes the Law Says Expert
– Advertisement – The Nigerian Debt Management Office (DMO) contravened the law when its borrowings exceeded the set limit which is equivalent to $2.2 billion, Adetilewa Adebajo, an intern...
Nigeria Debt Management Office’s $48.8 Billion Debt Contravenes the Law Says Expert – Economics Bitcoin News
The Nigerian Debt Management Office (DMO) contravened the law when its borrowings exceeded the set limit which is equivalent to $2.2 billion, Adetilewa Adebajo, an international financial markets expe...
‘Avatar’ Sequel Continues To Dominate As It Edges Towards $2 Billion Worldwide Earnings
Topline Avatar: The Way Of Water led the domestic box office charts for the fifth consecutive weekend, earning an estimated $38.5 million in U.S. sales from Friday to Monday, according to Box Office M...
Disney’s Market Capitalization Upsurges to $257 Billion with NFT’s
Market Cap of Disney has surged from $48 to $257 billion. Disney is taking a closer look at NFTs to revolutionize entertainment. Disney is a multi-billion dollar entertainment and media company best k...
Investor Justin Sun Wants To Pump $1 Billion Of Own Funds Into DCG
Join Our Telegram channel to stay up to date on breaking news coverage Chinese crypto entrepreneur and founder of Tron, Justin Sun, said he would spend $1 billion of his own money on buying assets fro...
Justin Sun is prepared to spend up to $1 billion on Digital Currency Group’s assets
Embattled cryptocurrency lender Genesis’ parent firm, Digital Currency Group (DCG), is selling some of its assets. Chinese crypto entrepreneur and former Tron blockchain co-founder, Justin Sun, is pre...
Tron Founder Justin Sun willing to invest $1 Billion in DCG assets
Digital Currency Group (DCG), the parent company of Genesis, which is facing some financial difficulties, is selling off its investments. Chinese cryptocurrency mogul Justin Sun has pledged to invest ...
SBF Asks Gary Wang to Create Secret Backdoor; $65 Billion Stolen
FTX’s attorney stated that SBF asked the FTX co-founder to create a secret backdoor to enable Alameda to acquire FTX customers’ funds. Almost $65 billion of customers’ funds were transferred from FTX ...