More than $3 billion in crypto funds have been stolen this year according to a new report issued by blockchain analysis firm Chainalysis. Chainalysis: Crypto Theft Has Reached a New High The crypto sp...
Tag: Billion
Tron Dao to purchase 1 billion USDT to fight short sellers
The Tron DAO Reserve will purchase 1 billion USDT to fight short sellers after the tether, world’s biggest stablecoin, slipped below its peg to the U.S. dollar. “To safeguard the ov...
FTX Hurtles Toward Bankruptcy With $8 Billion Hole, US Probe
(Bloomberg) — The crisis engulfing Sam Bankman-Fried’s FTX.com is rapidly worsening, with the onetime crypto wunderkind warning of bankruptcy if his firm can’t secure funds to cover a shortfall ...
Bitcoin adds $15 billion in 15 minutes as CPI data comes in lower than expected
The pressure on the cryptocurrency industry caused by the FTX drama seems to be easing after the new U.S. Consumer Price Index (CPI) report revealed better results for October than previously expected...
CVS And Walgreens $10 Billion Opioid Settlement Weighs Heavily On Black Community
BOSTON, MA – SEPTEMBER 11: April Mach, a pharmacist at Angell Animal Medical Center, empties a … [+] prescription bottle of opioid painkillers that she filled for a patient at the pharmacy...
FTX Collapse Caused Crypto Market To Shed Over $100 Billion In 24 Hours
Major cryptocurrencies are down with some depreciating in value more than 10% in the past 24 hours. Just days earlier, Binance CEO Changpeng Zhao announced that FTX asked for help in dealing with the ...
Sam Bankman-Fried Tells Investors FTX Needs $8 Billion Bailout
The announcement came in a call to investors on Nov. 9, just after Binance pulled out of the deal to acquire FTX. SBF said he hoped the beleaguered exchange could raise as much as $3-4 billion in equi...
Crypto Loses More Than $100 Billion In Single Day, What’s Next?
Crypto Crash News Updates: After the bloodbath caused by the FTX meltdown, the cryptocurrency market is in an uncertain situation. In a latest development, the website of Sam Bankman-Fried’s Alameda R...
Bankman-Fried secretly moved $4 billion including FTX customer deposits to Alameda
New details are coming to light regarding the behind the scene events that saw cryptocurrency exchange FTX encounter a significant liquidity crunch resulting in the near-collapse of the platform. The ...
FTX used $4 billion including customer funds to keep Alameda afloat: Reuters
FTX chief Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research, including native toke FTT and shares in Robinhood, according to Reuters. The transfers were made aft...
Paul Allen’s Collection Fetches Record $1.5 Billion
Topline Art amassed by late Microsoft cofounder Paul Allen brought in more than $1 billion at Christie’s Wednesday evening, setting the record for the most valuable single-owner art collection ever so...
Coinbase, Robinhood Lead $10 Billion Rout in Crypto Mayhem
(Bloomberg) — Robinhood Markets Inc. and Coinbase Global Inc. took another beating Wednesday as Binance Holdings Ltd.’s bailed on its deal to buy FTX.com, sending another shock through the rattl...
Binance Tops up Its Insurance Fund to $1 Billion Following FTX Crash
Binance’s CEO said the world’s largest cryptocurrency exchange increased its Secure Asset Fund for Users (SAFU) to $1 billion again. This comes as a result of the recent market plunge, and its purpose...
Binance reassures users by topping up SAFU to $1 billion
The crypto-market turmoil triggered by FTX’s solvency concerns has got the whole industry in a blanket of FUD. Everyone from influencers, traders, and investors are scrambling to take their funds off ...
Binance tops up SAFU fund at $1 billion amid price fluctuations
As the liquidity crisis and acquisition of cryptocurrency exchange FTX continues, Binance CEO Changpeng “CZ” Zhao assured his community of insurance of sufficient funds backing the network. In a twee...
Shiba Inu’s Market Cap Slips Below $6 Billion Amid Market Bloodbath
Alex Dovbnya Shiba Inu is struggling to buck the broader bearish trend, with its value now slipping below $6 billion The market capitalization of Shiba Inu (SHIB) is down 5.8% over the past 24 hours, ...
Japanese Telecom Giant NTT Docomo to Pour $4 Billion Into Web3
11 seconds ago | 2 mins read Blockchain News The telecom giant partnered with the consulting firm Accenture. The firm wants to make Japan a center for Web3 innovation. NTT Docomo, the leading mobile p...
China’s 100 Richest See Record Plunge In Wealth—Down 39% To $907.1 Billion
Robin Zeng Paul Zinken/picture alliance via Getty Image This story is part of Forbes’ coverage of China’s Richest 2022. See the full list here. Mainland China’s economic, political and pandemic woes h...
Musk has lost credibility after his ‘boy who cried wolf moment’ dumping $4 billion in Tesla stock in the latest ‘Twitter circus show’ move, says tech analyst
Elon Musk has Tesla investors fuming over his decision to unload $4 billion worth of stock onto an unsuspecting market, with key supporters warning the entrepreneur’s own credibility is now on the lin...
NTT Docomo Japanese Leading Telecom Company to Invest $4 Billion in Web3
NTT and Accenture collaborated for the betterment of Web3 in Japan. Japan is one of the leading countries globally in almost all sectors, and as per recent news, Japan is planning to upgrade its Web...
Elon Musk sells $ 3.95 billion worth of Tesla stock
The world’s richest man, between 4 and 8 November, sold $3.95 billion worth of Tesla shares. Musk sells Tesla shares to boost liquidity On 28 October, Elon Musk finally succeeded in the feat of buyin...
Rumors FTX Still Has $1.3 Billion – Trustnodes
FTX may still have $1.3 billion in assets according to an unverified leaked spreadsheet that seems to be based on Zapper, a blockchain dapp that allows you to aggregate defi holdings and assets. The s...
Nearly $1 billion of solana is set to be unstaked in 24 hours
Solana validators are scheduled to unlock 49.6 million SOL ($945 million) when the current epoch ends in less than 24 hours time. Representing 13% of the coin’s supply, it’s the second-lar...
SBF’s $16 billion fortune sees a 94% wipeout – here’s why
Sam Bankman-Fried’s net worth just a few days ago was nearly $16 billion. The FTX founder and CEO ranked among the 500 richest people in the world as of this week. SBF, as he’s fondly known in the cry...
FTX-Binance Drama: FTT Loses $2.5 Billion In Market Value
The FTX-Binance drama unfolds and deals a heavy blow on Sam Bankman-Fried’s crypto, the FTT. FTT, the token created to act as native cryptocurrency of crypto exchange FTX, suffered a massive blow afte...
California Ticket Wins Record $2.04 Billion Powerball Jackpot—Here’s How Much They’ll Pay In Taxes
Topline A single winning ticket sold in California bagged Monday night’s record $2.04 billion Powerball jackpot, the lottery said, though the lucky winner faces a hefty tax bill and will take home muc...
Crypto market bleeds out $100 billion in FTX drama aftermath
After the developments surrounding one of the largest cryptocurrency exchanges sent shockwaves across the crypto sector, most of its participants continue to count their losses, with the market as a w...
Why is FTX Token crashing? FTT plunges 80% wiping $2.5 billion from its market cap
With the ongoing controversy between two major cryptocurrency exchanges – FTX and Binance – and the latter dumping $500 million worth of FTT, it is no surprise that the FTX token’s price and market ca...
Elon Musk Sells $4 Billion Tesla Shares
Elon Musk – the world’s richest person with a net worth of over $200 billion – sold almost $4 billion worth of Tesla shares after previously announcing he was already done doing so. It can be recalled...
Crypto Markets Bleed $130 Billion in 12 Hours
In one of the largest and fastest market crashes of the year, $132 billion has been wiped out of crypto assets. What is more remarkable is that this has happened over the past 12 hours. According to C...