Just when you thought $1 billion losses were bygones of Covid-19 lockdown days, they’re back. But most surprisingly, S&P 500 companies mostly owned by Warren Buffett and Jeff Bezos were two ...
Tag: Billion
Google invested $1.5 billion in blockchain firms since September
Alphabet, Google’s parent company, is overwhelmingly investing in the blockchain sector. A new report has shown that the giant tech firm invested $1.5 billion in the blockchain industry between Septem...
Ray Dalio’s Bridgewater cuts European short bet to under $1 billion
Bridgewater Associates, one of the biggest hedge funds in the world, has seemingly walked away from its big short bet against Europe. The short position the fund held initially was slashed down to $84...
Google invested $1.5 billion in blockchain companies
According to a recent report by specialized blockdata analyst firm Alphabet, Google‘s proprietary company is the company that has invested the most in crypto companies from September 2021 to June 2022...
Blackstone is prepping a record $50 billion vehicle to scoop up cheap homes during the downturn — here’s how to lock in higher yields than the big money
Residential real estate is arguably the most valuable and accessible segment of real estate asset class. Its popularity has driven a disproportionate amount of capital into residential real estate — p...
Why Google Invested $1.5 Billion In Crypto-Focused Companies
According to a report from research firm Blockdata, Google’s parent company has been actively investing in the crypto space. The big tech giant and other major corporations in the legacy financial sys...
Alphabet Makes $1.5 Billion Investment in Blockchain Sector
3 hours ago | 2 mins read Blockchain News Most investments are held by Samsung, 13. BlackRock trails only Alphabet in total investment capital with about $1.17B. Blockdata has examined data from the t...
Ford’s green bond sees $5 billion in demand as Biden signs climate bill
Investors swarmed over Ford Motor Co.’s new $1.75 billion green-bond deal on Tuesday to help boost its development of more electric vehicles. Order books for Ford’s F, +0.67% speculative-grade debt de...
Sea’s Stock Plunge Adds to Forrest Li’s $17 Billion Wealth Drop From Peak
(Bloomberg) — Sea Ltd. posted a bigger loss than expected and withdrew its 2022 e-commerce forecast, joining other online giants struggling to gauge an increasingly uncertain global economic out...
Hackers Stole Almost $2 Billion Worth of Crypto in July 2022: Report
Arman Shirinyan While illicit activity took almost $2 billion of users’ funds, there are some bright spots in Chainalysis report Despite the overall downfall of the digital assets industry that ...
Korean Regulators Probe Banks Over $6.5 Billion Linked to Kimchi Premium – crypto.news
South Korean banks are under investigation for their role in facilitating $6.5 billion in suspicious overseas remittances that have been linked to firms arbitraging cryptocurrencies. Korean Banks Prob...
Crypto miner Prime Blockchain and 10X SPAC cancel $1.25 billion merger deal
Crypto mining and infrastructure company Prime Blockchain is no longer set to list on the Nasdaq stock exchange. Prime Blockchain and 10X Capital Venture Acquisition Corp II, a special purpose acquis...
Bitcoin Miners Suffer Over $1 Billion Loss In Q2 2022
After incurring a number of impairment losses brought on by the decline in cryptocurrency prices, the three biggest US publicly traded Bitcoin mining companies lost more than US$1 billion in the secon...
Chainalysis: Almost $2 Billion Have Gone To Crypto Hacks This Year
According to a report published on Tuesday by blockchain analysis company Chainalysis, a remarkable $1.9 billion worth of bitcoin was stolen in hacks of various services in the first seven months of t...
President Biden forgives nearly $4 billion in student debt — what’s next?
President Biden forgives nearly $4 billion in student debt — what’s next? President Joe Biden wiped $3.9 billion from the student loan records Tuesday. More than 200,000 former students, who still owe...
BitGo To Sue Mike Novogratz’s Galaxy Digital For Backing Out Of $1.2 Billion Acquisition Agreement ⋆ ZyCrypto
Advertisement     Crypto custodian BitGo plans to pursue legal action against Galaxy Digital, the crypto-focused investment firm led by billionaire Mike Novogratz, for...
3M Faces $100 Billion in Losses From Veterans’ Earplug Suits, Expert Says
(Bloomberg) — 3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation ...
U.S. Shale Faces More Than $10 Billion In Hedging Losses
U.S. shale oil producers are in line to suffer more than $10 billion in derivative hedging losses this year if oil prices remain around $100 per barrel, Rystad Energy research shows. Many shale operat...
Celsius Report Shows $2.8 Billion In Crypto Liabilities
New filings show bank Celsius could show out of functional money to October There’s about a $1 billion spread between ETH liabilities and ETH The reports likewise show a $2.8 billion openi...
Galaxy Digital Terminates $1.2 Billion BitGo Acquisition Deal
The company has terminated a proposed $1.2 billion stock deal Crypto Firm Still Plans for Nasdaq Listing Quinn Emanuel is one of the world’s top-ranking global white shoe law firm Cosmic system Digita...
USDT market cap up by $2 billion following Tornado Cash debacle
The market capitalization of Tether (USDT) tokens has increased by nearly $2 billion since the U.S. Treasury Department imposed sanctions on cryptocurrency mixer Tornado Cash. The Office of Foreign As...
DOGE sprints 30% in a month adding $3 billion to its market cap
The original meme coin, Dogecoin (DOGE), has seen solid gains in the last month as the broader cryptocurrency market has surged in value. In particular, Dogecoin has climbed from $0.064 on July 17 to ...
Alphabet is the world’s top blockchain-friendly investor pumping $1.5 billion into the sector
Although blockchain technology is still growing, some established companies are pumping money into different projects offering specific use cases. Indeed, Alphabet (NASDAQ: GOOGL) invested $1.56 billi...
Indian Billionaire’s Stock Holdings Worth Nearly $4 Billion in Focus After Death
(Bloomberg) — The death of Indian billionaire Rakesh Jhunjhunwala puts a spotlight on the nearly $4 billion worth of stocks held by the famed investor, whose trades were closely followed. Most R...
Galaxy Digital Pulls Plug on $1.2 Billion BitGo Acquisition
Galaxy Digital, the crypto investment firm run by billionaire Mike Novogratz, today announced it would terminate its proposed deal with crypto custodian BitGo. According to Galaxy, the firm has exerci...
Celsius Network Coin Report Shows Latetst Net Liabilities Over $2.8 Billion
Embattled crypto lending platform Celsius Network may be in bigger trouble as its coin report shows that the deficit in its balance sheet is much more than the previously reported $1.2 billion reporte...
Unity Stock Tumbles After Board Rejects AppLovin’s $17.5 Billion Buyout Bid
Text size Unity Software doesn’t think AppLovin’s offer was in the best interests of its shareholders. David Paul Morris/Bloomberg Videogaming company Unity Software on Monday rejected Ap...
Celsius’ Net Liabilities Surpass $2.8 Billion: New Bankruptcy Filing
Celsius has released its budget for the next three months, allocating $13.9 million to payroll and $57.3 million to mining As of July 29, Celsius reported owing a total of $6.7 billion of token liabil...
Bears and Bulls May Both Get Surprised as Stablecoin Supply Surges Past $150 Billion
Gamza Khanzadaev Stablecoin supply surging past $150 billion brings more confusion to crypto market According to data presented by CryptoRank, the total circulating supply on the market exceeded 150 b...
Galaxy Digital Back Pedal On $1.2 Billion Deal For BitGo Acquisition, BitGo To Seek $100 Million In Damages
Galaxy Digital has announced that it’s backing out of its $1.2 billion proposed acquisition of the cryptocurrency custodian, BitGo. Galaxy Digital Backs Out Of BitGo Deal A $1.2 billion acquisition of...
Unity Board Opposes AppLovin’s $17.5 Billion Buyout Offer
Updated Aug. 15, 2022 10:48 am ET Listen to article (2 minutes) Unity Software board has unanimously agreed that the $17.5 billion buyout offer from AppLovin isn’t in the best interests of shareholder...