Shiba Inu (SHIB) Burn Rate Kicks off 2023 with Almost Half Billion Tokens Burned in 3 Days

Arman Shirinyan Amount of burned tokens on rise, but at the same time, it might not be enough Even though Shiba Inu ended last year with extremely low network activity, just as any other blockchain ou...

2022 Crypto and DeFi Losses Hit $3.9 Billion, Says Report

Despite the 2022 market crash, the crypto industry still presents a tantalizing opportunity for so-called “black hat hackers.” At the end of Q3 2022, the crypto space was worth $934.85 billion, accord...

ChatGPT Creator OpenAI Discussing Offer Valuing Company At $29 Billion, Report Says

Topline OpenAI—the artificial intelligence company behind the viral ChatGPT chatbot program—is in discussions to sell shares valuing the firm at $29 billion, according to the Wall Street Journal, afte...

Salesforce Guts Tableau After Spending $15.7 Billion in 2019 Deal

(Bloomberg) — Salesforce Inc. division Tableau was hit harder than other units in the company’s largest-ever round of jobs cuts this week, adding to a major reorganization that signals the $15.7...

Animoca Brands Seeks to Raise $1 Billion in Q1 2023 to Invest in Web3

The blockchain gaming platform Animoca Brands seeks to raise around $1 billion for its latest Web3 and Metaverse investment fund during the year’s first quarter. The initiative comes in spite of the m...

Dow Jones Dives 400 Points On Strong Jobs Data; Silvergate Crashes On $8.1 Billion In Withdrawals

The Dow Jones Industrial Average sold off more than 400 points Thursday after a stronger-than-expected ADP employment report. Meanwhile, the December jobs report is due Friday morning. X Cryptocurrenc...

Silvergate Tumbles After FTX Implosion Prompts $8.1 Billion Bank Run

(Bloomberg) — Silvergate Capital Corp. shares plunged after the bank said the crypto industry’s meltdown triggered a run on deposits, prompting the company to sell assets at a steep loss and fir...

Binance Pledges $2 Billion to “Save Crypto”

Changpeng Zhao – the man behind famed digital currency exchange Binance – has pledged roughly $2 billion to help save the digital currency arena. Binance Is Looking to Save the Crypto Space The crypto...

Grayscale Raises $7.5 Billion – Trustnodes

The Grayscale Bitcoin Trust (GBTC) has sold $7.46 billion worth of shares, Michael Sonnenshein, its CEO, said in a filing. The amendment points out the first sale occurred on the 25th of September 201...

Opioid Settlement Drags Walgreens To $3.7 Billion Loss

Walgreens Boots Alliance reported a $3.7 billion loss in its fiscal first quarter thanks to its … [+] share of a massive global settlement with other drugstore chains to settle claims its pharma...

$1 billion inflows Coinbase (COIN) market cap as it settles with NY regulators

The stock of cryptocurrency exchange Coinbase (NASDAQ: COIN) rallied 12% on Wednesday, January 4, with the equity attracting increased buying pressure.  In particular, as of January 5, Coinbase had a ...

Indians Shifted Close To $4 Billion In Crypto Out Of The Country In 2022 – Where Did It Go?

Join Our Telegram channel to stay up to date on breaking news coverage Crypto traders in India transferred over $3.8 billion worth of trading volumes from local to global cryptocurrency exchanges afte...

SEC Objects to Binance.US Buying Voyager Digital for $1 Billion

In a filing on Jan. 4, the financial regulator submitted a limited objection and reservation of rights. The SEC is pushing back on Binance’s U.S. division’s plan to buy bankrupt crypto lender Voyager ...

Solana Savior BONK Burns Five Hundred Billion Coins

The hot meme coin on Solana – BONK- is up over 2000% since its all-time low five days ago. The meme coin that helped boost Solana price last week, announced that it has burned five billion coins, main...

Animoca halves fundraising target for web3 fund to $1 billion: Bloomberg

Animoca Brands has cut in half the amount it hopes to corral for a new web3 and metaverse investment fund. Yat Siu, the Hong Kong-based company’s chair, said in a Twitter Spaces interview that i...

Celsius Network owns customers’ $4.2 billion crypto, judge rules

Celsius Network has won the rights to 600,000 Earn customers’ crypto funds The Judge has granted the platform the right to sell millions of dollars of stablecoin Celsius Network has just won ownership...

Dubai Duty Free’s 2022 Sales Topped $1.7 Billion But Still Lag Pre-Pandemic 2019

Dubai Duty Free’s shopping complex in Concourse C at Dubai International Airport. Dubai Duty Free The Middle East’s biggest travel retailer, Dubai Duty Free racked up $1.74 billion sales in 2022...

Algorand Blockchain Completes One Billion Transactions Milestone

7 hours ago | 2 mins read Blockchain News The team also asked the community to stay tuned for a surprise. The price of ALGO went up around 5% in the last 24 hours as per CMC. On Wednesday, Blockchain ...

Chinese Stocks Gain $70 Billion As Ant Group’s New $1.5 Billion Plan Fuels Investor Optimism

Topline Chinese stocks listed on U.S. exchanges soared Wednesday, far outpacing the broader market, as investors latched onto a rare easing of business regulations from Beijing. It was a banner day fo...

Elon Musk Becomes First Person in History to Lose $200 Billion

Elon Musk, the billionaire and CEO of Twitter, Tesla, and SpaceX, has become the first person in human history to lose $200 billion from his net worth, as per The New York Post. Never before has a per...

So You’ve Got $3 Billion In Crypto Holdings

Join Our Telegram channel to stay up to date on breaking news coverage Reports have revealed a trader with $3 billion in crypto holdings named Darren Nguyen still lives with his parents in Sydney Aust...

DeFi TVL Sinks to 2-Year Lows Under $50 Billion

The total value locked in decentralized finance (DeFi) has recently hit a two-year low. It has shown very marginal recovery signs this week, however. Decentralized finance has been battered over the p...

Jack Ma’s Ant Group Gets Regulatory Nod For $1.5 Billion Capital Increase Plan

Jack Ma, co-founder of e-commerce giant Alibaba and fintech giant Ant Group. (Photo by Chesnot/Getty Images) Getty Images Chinese billionaire Jack Ma’s Ant Group won regulatory approval to boost the r...

Ripple Wires Billion XRP, Here’s How Many Tokens Locked Back in Escrow: Possible Reason

Yuri Molchan Fintech giant based in San Francisco has been spotted moving staggering amount of XRP According to Whale Alert, roughly 20 hours ago, it detected Ripple Labs moving one billion XRP coins ...

How will the ultrawealthy ride out the recession? 1,200 investors worth $130 billion have one big strategy—and it’s not playing the stock market

The 1,200 ultra-high-net-worth members of the Tiger 21 network, comprising entrepreneurs, investors, and executives, are “wealth preservers,” in the words of Michael Sonnenfeldt, the organ...

This $3 Billion Aussie Trader Traded Crypto From His Parents’ Home

Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...

Ripple News: A Billion XRP Tokens Reportedly Released as 2023 Enters

The first day of 2023 brought news of activity within the crypto market potentially capable enough to bring a wave of joy within the XRP community. Whale Alert reported that escrow accounts released a...

Cameron Winklevoss gives crypto baron Barry Silbert one week to come up with a $1 billion solution to make his Gemini customers whole

Cameron Winklevoss, cofounder of digital token exchange Gemini, has issued Barry Silbert a one-week ultimatum to cough up nearly $1 billion. The crypto baron behind unlisted Digital Currency Group (DC...

SpaceX Reportedly Raises $750 Million In Fresh Funding At $137 Billion Valuation

Topline Elon Musk’s commercial rocket company SpaceX has raised $750 million in its latest funding round at a valuation of $137 billion, according to CNBC, at a tumultuous time for the billionaire fou...

$3.5 Billion In FTX Customer Crypto Custodied By Bahamian Watchdog

– Advertisement – Summary: The Bahamian Securities Commission took control of the assets on November 12 due to concerns that FTX was vulnerable to cyberattacks. Hackers stole nearly $400 m...

Elon Musk’s SpaceX Valued At $137 Billion In Latest Funding Round

(Photo by Joe Raedle/Getty Images) Getty Images Key Takeaways SpaceX is reportedly raising $750 million in a new funding round that values the company at $137 billion. It comes as Founder and CEO Elon...