– Advertisement – The burn rate remains underwhelming. After weeks of anticipation and excitement in the LUNA Classic (LUNC) community, the 1.2% tax parameter change finally went live la...
Tag: Billion
Alibaba Pours $1 Billion Into Cloud Computing. The Move Is Critical for Its Growth.
Text size Alibaba stock has tumbled since early 2021 amid waves of regulatory pressures. Greg Baker/AFP via Getty Images Alibaba will invest $1 billion into its cloud computing division, doubling down...
KKR Blockchain Access To $4 Billion Fund Opens Door To Crypto Investors
Henry Kravis, co-executive chairman and former co-chief executive officer of KKR & Co. LP, speaks at an event in Chicago, Illinois, in November 2013. © 2013 Bloomberg Finance LP As the U.S. Securi...
The state of Solana [SOL] after this 100 billion breakthrough
Solana [SOL] has joined the league of blockchains that have done over a billion transactions. According to the information from its official website, the SOL ecosystem was able to reach the milestone,...
FTX To Raise $1 Billion, Bit Green and Several Other Projects Announce Successful Rounds – crypto.news
FTX, a popular crypto exchange, just recently announced its plans to raise $1 billion. In other news, Bit Green, ImmuneFi, Hyperlane, and Binocs completed successful funding rounds amid the crypto win...
Ripple Soars 50% on SEC Trial News While Crypto Markets Shed $40 Billion: This Week’s Recap
The past seven days were quite painful in the cryptocurrency market as the majority of it is trading well in the red. This resulted in $40 billion being lost from the total capitalization, which is in...
‘Jurassic World Dominion’ Passes $1 Billion Worldwide
(from left) Dr. Ian Malcolm (Jeff Goldblum), Dr. Alan Grant (Sam Neill), Dr. Ellie Sattler (Laura Dern), Claire Dearing (Bryce Dallas Howard), Owen Grady (Chris Pratt), Maisie Lockwood (Isabella Sermo...
OKX Implements Terra Classic Tax Burn, As Half A Billion LUNC Burnt With 1.2% Burn Proposal
– Advertisement – More exchanges jump on the bandwagon. Leading crypto exchange OKX has implemented the 1.2% tax burn on deposits and withdrawals. It comes nearly a week after it said in ...
UK retail investors estimated to have spent over £30 billion on crypto
Although crypto prices continue to record significant volatility, new data shows that British citizens are increasingly pumping funds into the sector. In particular, Brits have so far spent about £31...
While Dogecoin Has $7 Billion Market Cap, Bear Market Is Far from Over, Says Prominent Fund Manager
Gamza Khanzadaev Michael Gayed slams Dogecoin in his statement assessing prospects of near end of bear market Renowned financial market expert and portfolio manager Michael Gayed said that as long as ...
White House Announces $1.5 Billion For Worsening Opioid Crisis
Topline The White House on Friday announced $1.5 billion in funding to tackle the nation’s opioid epidemic, a major public health crisis that reached record levels during the Covid-19 pandemic, exacts...
New Research Claims DeFi Industry to Be Worth $230 Billion by 2030
According to new research published by Grand View Research, the decentralized finance (DeFi) sector has been estimated to reach $231.19 billion in 2030 at a compound annual growth rate (CAGR) of 42.5%...
Raytheon secures $1 billion US defense contract beating Lockheed Martin and Boeing
Raytheon Technologies (NYSE: RTX) was awarded a US Department of Defense contract worth $985 million on September 22. More notably, Raytheon beat out Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) ...
Following A Forbes Investigation, Florida A&M Students Sue Florida Over $1.3 Billion In Underfunding
Some dormitories at Florida A&M this year have had flood damage and pest issues, the students’ underfunding lawsuit alleges. The Washington Post via Getty Images Six Florida A&M Universi...
FTX Intended To Raise Funds Up To $1 Billion (USD) For Further Acquisitions
Sam-Bankman Fried, CEO of crypto exchange platform FTX, has planned to increase the funds up to $1 billion (USD). FTX frequently collaborated with a large number of potential investors to raise ...
Milestone! Solana Network Crosses 100 Billion Total Transactions
Layer-1 blockchain network Solana has surpassed 100 billion total transactions, defying known outage issues to hit the new milestone. According to data from Solscan, the network hit the milestone whil...
Costco reports results that top estimates and $200 billion annual revenue for first time
Costco Wholesale Corp. shares slipped in the extended session Thursday even as the retailer reported quarterly results that beat Wall Street estimates and annual sales that topped $200 billion for the...
Costco Earning Beat Forecasts, Membership Fees Top $1.3 Billion
Updated at 5:30 pm EST Costco Wholesale (COST) posted better-than-expected fourth quarter earnings Thursday, with membership revenues topping $1.327 billion as new value-focused customers piled in t...
Bitcoin Whales Buy $3.12 Billion In BTC In Last 24 Hours As Crypto Braced For Fed Hike
Bitcoin immediately felt the impact of Wednesday’s Federal Reserve interest rate increase and failed to gain upward traction. Other macroeconomic variables also contributed to the decline of the world...
FTX to Raise up to $1 Billion at $32 Billion Valuation: Source
Crypto exchange FTX is raising as much as $1 billion at a valuation of around $32 billion, according to CNBC, citing people with knowledge of the discussion. Reportedly, negotiations are ongoing and c...
FTX in Talks to Raise $1 Billion at $32 Billion Valuation
Leading cryptocurrency exchange FTX is in talks with investors to raise $1 billion in new funding, adding to the $400 million it raised earlier this year. According to a report by CNBC on Wednesday, c...
Court orders Brazil’s ‘bitcoin pharaoh’ to deposit $3.7 billion to pay back creditors: O Globo
A Rio de Janeiro federal court judge has ordered Brazil’s so-called “Bitcoin Pharaoh” Glaidson Acácio dos Santos to pay 19 billion Brazilian reais (nearly $3.7 billion) to a business court, with the a...
Ford to restructure supply chain after $1 billion in unexpected costs
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT – Ford Motor on Thursday a...
Cardano (ADA) Surpasses BNB and Avalanche with $11.94 Billion Staked
In recent tweets, Cardano community-focused Twitter account Cardano Daily shares data on native asset staking for the top PoS blockchains. In this regard, Cardano ranked the 3rd largest blockchain in ...
Solana-based transactions hit 100 billion milestone in 2 years
The decentralized finance (DeFi) Solana (SOL) network continues to record progress as the blockchain attempts to compete with established platforms like Ethereum (ETH), a factor that has translated in...
Solana-based transactions hits 100 billion milestone in 2 years
The decentralized finance (DeFi) Solana (SOL) network continues to record progress as the blockchain attempts to compete with established platforms like Ethereum (ETH), a factor that has translated in...
Bankman-Fried‘s FTX seeks $1 billion in new fundraising: report
FTX, one of the leading cryptocurrency exchanges in the crypto industry today, is looking to flex its muscles even further with plans for new acquisitions. But first, the Sam Bankman-Fried led crypto ...
Singapore’s GIC To Buy Stake In Sani/Ikos In Deal Valuing Luxury Resort Group At $2.3 Billion
An aerial view the Sani Resort in Greece. Courtesy of SIG Singaporean sovereign wealth fund GIC has agreed to buy a stake in Greece’s Sani/Ikos Group (SIG) in a deal that values the operator of luxury...
FTX Seeking $1 Billion Financing to Raise Valuation to $32 Billion, Reports
Cryptocurrency exchange FTX could be in talks with several investors, seeking to raise $1 billion, increasing the company’s valuation to nearly $32 billion. According to a CNBC report, this billion-do...
S&P 500: Think Your Losses Hurt? 5 Hardest-Hit Investors Lose $160 Billion
Here’s something to cheer you up if you’re among investors losing lots of money on the S&P 500 this year. You didn’t drop anywhere near that of five unlucky investors. X Just fiv...
Experts Urged $2.4 Billion Boost For Everyday Cycling In France, Government Commits $250 Million
Man riding Velib city bike in Lyon, France. Carlton Reid In renewing its four-year-old “Plan Vélo” at a press conference on September 20, the French government announced it is to increase the spending...
Robert Sarver’s Phoenix Suns Will Be Sold For At Least $2.5 Billion, Bankers Say
Robert Sarver (Photo by Christian Petersen/Getty Images) Getty Images Robert Sarver is about to make a killing on the Phoenix Suns. Last week, the NBA suspended Sarver for a year and fined him $10 mil...