SoftBank To Gain $34 Billion By Cutting One-Third Of Alibaba Stake

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. (Photo by Alessandro Di Ciommo/NurPhoto via Getty Images) NurPhoto via Getty Images Billionaire Masayoshi Son’s SoftBank Gro...

Ports And Casino Tycoon Enrique Razon Jr. Bets $3 Billion On Green Energy

This story appears in the August 2022 issue of Forbes Asia. Subscribe to Forbes Asia Enrique Razon Jr. ICTSI This story is part of Forbes’ coverage of Philippines’ Richest 2022. See the full list here...

Significant Drop in TVL Reaching 70 Billion USD

Reports suggest that the total value locked (TVL) in smart contracts across the crypto market experienced a significant decline. In April 2022, the TVL stood at 160 billion USD, since then a lot of ch...

Hackers have stolen $1.4 billion this year using crypto bridges

Mining the Worlds Second-most-valuable Cryptocurrency at Evobits I.T SRL An engineer inspects Sapphire Technology Ltd. AMD graphics processing units (GPU) at the Evobits crypto farm in Cluj-Napoca, Ro...

Elon Musk Sells Tesla Shares Worth Nearly $7 Billion — Plans to Buy TSLA Stock Back if Twitter Deal Falls Through – Featured Bitcoin News

Elon Musk has sold nearly 8 million Tesla shares worth almost $7 billion. “It is important to avoid an emergency sale of Tesla stock” if Twitter forces him to close the $44 billion deal to buy the soc...

FCC denies SpaceX Starlink for nearly $1 billion broadband subsidies

A Starlink satellite terminal, also known as a dish, setup in front of an RV. SpaceX The Federal Communications Commission on Wednesday denied SpaceX’s bid for nearly $1 billion in subsidies to ...

AAPL Stock Eyes Home Run As Top Funds Place $1.7 Billion Bet

Apple (AAPL), the king of Cupertino, continues to team up with the MLB on ‘Friday Night Baseball.’ Coming out of an extended slump, AAPL stock is on deck for a new breakout. X After a two-...

Elon Musk Sheds $7 Billion In Tesla Shares As Twitter Pushes Back

Elon Musk has been in the limelight recently due to the Twitter deal. There has been a number of back and forth between both parties as the terms of the deal become murky. Amid all of this, billionair...

Elon Musk Dumps $6.88 Billion In Tesla Stock

POOL/AFP via Getty Images Key Takeaways Elon Musk has sold almost $7 billion worth of Tesla stock in recent days, despite announcing in April he had no further sales planned. It brings the total liqui...

Crypto market adds over $50 billion in 1 hour as CPI data comes in lower than expected

After the Consumer Price Index (CPI) or inflation figures for July came in more favorable than expected, the cryptocurrency market quickly responded by adding more than $50 billion to its market capit...

Elon Musk Dumps 6.9 Million Tesla Shares Worth $7 Billion

Tesla CEO Elon Musk has reportedly disposed of nearly $7 billion worth of the company’s stock in recent days as his chaotic Twitter buyout bid still hangs in limbo. Musk, who happens to be Tesla’s lar...

Ethereum Growing At Breakneck Pace As Whales Load Up Over $2 Billion In ETH On Merge FOMO ⋆ ZyCrypto

Advertisement &nbsp &nbsp The crypto market is slowly recovering, and Ethereum (ETH) seems to be at the fore of the current rally. The second largest crypto asset by market ca...

Shiba Inu Burn Rate Spikes 250% After Massive 312 Billion SHIB Whale Purchase

Arman Shirinyan More Shiba Inu getting burned now as whales purchase more tokens The burn rate of the biggest memetoken In the industry spiked massively after the market saw a surprising increase in t...

Coinbase Reports Over $1 Billion in Losses During Q2

In June, Coinbase shared an earnings report that worried investors, citing market conditions as the primary reason behind the drop in figures. At the time, Coinbase representatives assured investors t...

Crypto Rout On Trading Volumes Costs Coinbase $1.1 Billion In Losses

Crypto exchange Coinbase disclosed a $1.1 billion loss on revenue of $803 million in the second quarter, a bigger-than-anticipated loss as investors apprehensive about this year’s volatility in assets...

Coinbase stock nosedives 10% after reporting a $1.1 billion loss

Coinbase Global (NASDAQ: COIN) slid 10% during the trading session on August 9 after the cryptocurrency trading platform released earnings, revealing that there was less trading volume and a reduced n...

Crypto Exchange Coinbase Reports $1 Billion Loss in Q2, COIN Stock Tanks 10%

On Tuesday, August 9, crypto exchange Coinbase (NASDAQ: COIN) reported its earnings for the second quarter of 2022. During Q2, the company reported a loss of a staggering $1 billion. Coinbase’s loss p...

Coinbase records $1 billion loss in Q2

Coinbase has announced its financial returns for the second quarter of 2022. In the financial statement, the crypto exchange posted a loss of more than $1 billion to end the quarter. According to its ...

Elon Musk Sells Nearly $7 Billion Worth of Tesla Stock Amid Twitter Uncertainty

Elon Musk sold nearly $7 billion worth of Tesla stock in recent days, regulatory disclosures show, amid uncertainty over the fate of his $44 billion deal to buy Twitter Inc. Mr. Musk, Tesla’s chief ex...

Elon Musk Sells $6.9 Billion of Tesla to Avoid Twitter Fire Sale

(Bloomberg) — Elon Musk sold $6.9 billion of his shares in Tesla Inc. the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to bu...

Elon Musk Sells $6.9 Billion Of Tesla Stock

Topline Elon Musk sold roughly $6.9 billion worth of Tesla stock over the past week, according to new Securities and Exchange Commission filings, in a surprise offload that comes more than three month...

Forbes Asia’s Best Under A Billion 2022

– This story is part of Forbes’ coverage of Asia’s Best Under A Billion 2022, which highlights 200 Asia-Pacific public companies with less than $1 billion in sales and consistent top...

Buyers, Including One Of The World’s Richest Men, Take On $3.9 Billion In Debt To Purchase The Denver Broncos

Touchdown: No one was able to catch Noah Fant of the Broncos last October in Denver. (Photo by Dustin Bradford/Getty Images) Getty Images In a 32-0 vote Tuesday, the NFL approved the $4.65 billion pur...

Unity loses less than feared, trims outlook as Applovin makes $20 billion bid for software company

On the same day it received an offer to acquire the company for roughly $20 billion, Unity Software Inc. reported a loss that was less than feared and pulled back on its guidance for the year, and sha...

ETH Whale Adds 312 Billion Shiba Inu Tokens Amid Price Dip

The global crypto market dropped by more than 3.30% over the past 24 hours. However, the top meme tokens also took a hit. Meanwhile, the biggest of the Ethereum (ETH) whales has taken the opportunity ...

Galaxy Digital Records Over Half a Billion Loss in Q2

Despite a severe downturn during the second quarter, Galaxy Digital maintains a solid cash position sufficient to deal with any further headwinds. On Monday, August 8, Galaxy Digital Holdings released...

Ethereum Whale Buys 312 Billion Shiba Inu, Now Holds 516 Billion SHIB

– Advertisement –   Major ETH Whale Tagged “BlueWhale0113” Gobbles Up Whopping 312.28 Billion SHIB, Worth $3.72 Million as SHIB Poised for Breakout. Shiba Inu (SHIB) comes under deep-pocke...

Cathie Wood’s Ark Invest Buys $60 Million In Nvidia Stock After Chipmaker’s $40 Billion Plunge

Topline Cathie Wood’s Ark Invest splurged on shares of Nvidia on Monday after the gaming-focused chipmaker warned it likely missed revenue projections last quarter—doubling down on a lofty investment ...

Around $2 Billion was Stolen in Cross-Chain Bridge Hacks in 2022; Half of the Funds Went to North Koreans

Aug 09, 2022 at 11:39 // News Cross-chain bridge transactions are considered to be the weakest point of blockchain. This flow cost users about $2 billion in the first half of 2022. According to ...

US Commits Another $1 Billion In Arms And $4.5 Billion In Aid To Ukraine

Topline Two U.S. agencies announced massive new rounds of support for Ukraine on Monday, with the Agency for International Development (USAID) committing $4.5 billion to help support the nation’...

Meta Issues Bonds Worth $10 Billion To Invest In Meta-Related Products 

Meta made headlines when it announced that from now on the main focus is on the metaverse. Now, it is all prepared to issue debt so that it can continue to fund its operations. And, additionally maint...

SoftBank CEO plans widespread cost cuts as tech investments suffer, leading to a $23 billion loss

Japanese conglomerate and tech investing powerhouse SoftBank revealed on Monday that it lost $23 billion between April and June, the most significant quarterly loss in the company’s history. CEO Masay...