Sam Bankman-Fried speaks onstage during the first annual Moonlight Gala benefitting CARE – Children With Special Needs at Casa Cipriani on June 23, 2022 in New York City. Craig Barritt | Getty I...
Tag: Billion
Microstrategy Bitcoin Bet Loss Grows To $1.5 Billion, Stocks Down After $6 Million BTC Buy
MicroStrategy made headlines on Tuesday after it announced it has acquired an additional 301 bitcoins during a sharp drop in the price, unfazed of the ongoing market turmoil. The software company foun...
Banks Offload $8.55 Billion of Citrix Debt at Rock-Bottom Prices
(Bloomberg) — A group of banks led by Bank of America Corp. and Credit Suisse Group AG has finally offloaded more than half of the $15 billion debt package supporting the buyout of Citrix System...
Two Finally Claim Historic $1.337 Billion Jackpot In Illinois
Topline Two people in Illinois who won an astounding $1.337 billion Mega Millions jackpot in July will split a $780.5 million pre-tax cash lump sum, eight weeks after the historic drawing—the second l...
XRP gains 20% in a week as $3 billion flows into its market cap despite prolonged SEC lawsuit
On September 21, XRP maintained its strength and established a foothold above the $0.40 resistance zone, in contrast to Bitcoin (BTC) and the majority of altcoins, which are now confronting significan...
Italy’s second-largest bank UniCredit starts €1 billion share buyback program
Italy’s second-biggest bank UniCredit (OTCPK: UNCFF) (OTCPK: UNCRY), announced on September 21 that it is launching its second stock buyback program for up to €1 billion ($990 million), expecting it t...
Sam Bankman-Fried: FTX Has $1 Billion to Spend on Acquisitions
Sam Bankman-Fried, the CEO of crypto derivatives exchange FTX, said in an interview with CNBC’s Squawk Box that the exchange has at least $1 billion to deploy on acquisitions and bailouts. Although h...
Short Sellers Back Off Bearish Stock Bets After $59 Billion Loss
(Bloomberg) — A counterintuitive trend is emerging in this volatile stock market: Short interest is declining anew as investors cash out of the market. Most Read from Bloomberg Short positions h...
Walgreens To Buy The Rest Of Shields Specialty Pharmacy For $1.37 Billion
Walgreens Boots Alliance is buying the rest of Shields Health Solutions for $1.37 billion, the … [+] company said Sept. 20, 2022. In this photo is a Walgreens store June 4, 2003 in Niles, Illino...
Tycoon’s Wild $3 Billion Gamble on ‘China’s LVMH’ Crashes
(Bloomberg) — Six years ago, a little-known textile maker called Shandong Ruyi Group embarked on a frantic acquisition spree with the goal of becoming China’s version of luxury powerhouse LVMH. ...
FTX CEO Reveals $1 Billion Availability For Acquisitions
5 hours ago | 2 mins read Exchange News FTX bailed out Voyager Digital by extending a kind of two-piece line of credit. FTX acquired Canadian exchange Bitvo in June. Sam Bankman-Fried, CEO of crypto d...
BTC Dips To $18,400 As Market Liquidations Near Half A Billion Dollars ⋆ ZyCrypto
Advertisement     Massive futures market liquidations have followed the crypto market crash that saw the price of bitcoin (BTC) drop to a three-months-low price of $18...
Market Concerns Cause Crypto Market Cap to Fall Below $950 Billion
Digital currency is in the freefall condition as the market trends with a bearish tone, especially past 24 hours which have shown unexpected signs. The overall crypto market cap goes below the mark of...
Crypto market lost $165 billion in a week dropping to a 2-month low
The global cryptocurrency market has experienced a considerable outflow in the last week despite the historic Ethereum (ETH) Merge event that transitioned the blockchain to a Proof-of-Stake (PoS) stat...
Bitcoin Crashes Towards $18K, Crypto Markets Shed $80 Billion Daily (Market Watch)
The price of bitcoin took another turn for the worse in the past 24 hours, dumping towards a multi-month low of $18,400. The alternative coins are in even worse shape, with substantial double-digit lo...
BitConnect Promoter Gets 38 Months in $2.4 Billion Ponzi Scam
(Bloomberg) — The top North American promoter of the BitConnect cryptocurrency investment platform was sentenced to 38 months in prison for running a $2.4 billion Ponzi scheme that defrauded at ...
Volkswagen Seeks to Raise $9.4 Billion in Porsche IPO
(Bloomberg) — Volkswagen AG is looking to raise as much as 9.4 billion euros ($9.41 billion) from the initial public offering of its iconic sports-car maker Porsche AG in what could be Europe’s ...
Renowned “Bubble Predictor” And Founder Of $70 Billion Investment Firm Reveals Why “Dot-Com Crash Was Paradise Compared To Now”
New York –News Direct– Masterworks The great Warren Buffet famously said: “only when the tide goes out do you discover who’s been swimming naked.” If the markets have shown anything ...
Long Term Investors Sentiment Positive As Over 30 Billion Terra LUNA Classic (LUNC) Staked In Few Days
– Advertisement – Long-term investor sentiment in Terra Classic (LUNC) appears positive. In a tweet today, LUNC staking, an official bot tracking and updating Terra Classic staking data ...
Over 757,000 ETH Worth $1.07 Billion Shuffled in 24 Hours After Ethereum Merge
– Advertisement – Following the launch of Ethereum Merge, large volumes of ETH coins have been shuffled between cryptocurrency exchanges and unknown wallets. Leading cryptocurrency whale ...
Intuitive Machines going public via SPAC at near $1 billion valuation
The Nova-C lunar lander seen on April 26, 2022 during assembly for the IM-1 mission. Intuitive Machines PARIS — Lunar-focused space company Intuitive Machines announced Friday it will go public via a ...
ByteDance to Buy Back $3 Billion in Shares After IPO Stalls
(Bloomberg) — ByteDance Ltd. is offering to buy back as much as $3 billion of its own shares from investors at a valuation of about $300 billion, giving existing backers a way to cash out after ...
Ethereum TVL Drops By More Than $1 Billion After Merge
The Ethereum total value locked (TVL) has been on a steady decline since the beginning of 2022. After hitting an all-time high of $111 billion back in Q4 2021, the market had turned, tanking the Ether...
Over $33 billion worth of Bitcoin enters exchanges marking the largest weekly influx in a year
Since May 2022, the cryptocurrency market has seen significant downward movement, with prices plummeting due to increased pressure from sellers as the Federal Reserve announced and began raising inter...
Celsius Network Files a New Coin Report Showing a $2.5 Billion Balance Gap – crypto.news
Celsius Network has just released its latest bankruptcy coin report, which hardly makes for better reading than the previous one filed in August. Celsius Using Market Prices to Value Crypto Assets The...
Consortium Backed By Billionaire Lucio Tan’s MacroAsia Wins $11 Billion Philippine Airport Project
Travelers wearing face masks queue at immigration counters upon arriving at Ninoy Aquino … [+] International Airport on March 10, 2020 in Manila, Philippines. Ezra Acayan/Getty Images A consorti...
Opinion: Adobe’s stock got slammed for spending $20 billion on Figma. But it now owns a rare company.
Adobe beat revenue and profit expectations, and on the same day announced it would acquire a smaller but faster-growing rival in online design-collaboration tools. The stock market rewarded the compan...