Innoviz wins $4 billion dollar Volkswagen lidar contract

In this photo illustration a Innoviz Technologies logo is displayed on a smartphone. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Israeli lidar maker Innoviz announced Tuesday it has won...

Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater – Defi Bitcoin News

During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value lo...

Metaverse market share to surpass $50 billion by 2026, says new report

A new report by technology research and advisory firm Technavio reveals an upward trend for the Metaverse within the next four years.  The report, titled “Metaverse Market in Finance by Component and ...

1.4 Billion MATIC Tokens Issued in Just 1 Hour, Price Reacted with 6% Fall

As part of Polygon’s plan, 1.4 billion MATIC tokens were unlocked from the vesting contract this morning. This volume is equivalent to 14% of the total token supply, or 10 billion MATIC. Meanwhi...

The cofounder of a $4 billion VC firm says the bear market has Silicon Valley somewhere in the 5 stages of grief. ‘We’re probably somewhere between anger and bargaining’

The venture capital market is slowing, and some VCs are having trouble accepting the news. At least that’s what Josh Wolfe, the co-founder of the $4 billion VC firm Lux Capital, had to say in an inter...

I’m the chief economist of a mortgage firm that has funded more than $100 billion in loans. These are 3 things to know about the housing market now.

Cameron Findlay As home prices and mortgage rates march upwards, and housing inventory remains seriously constrained, many buyers are wondering: Should I buy? And if I want to buy, what do I need to k...

9 years after media covered Bitcoin hitting $1 billion market cap; Are economists still puzzled?

More than nine years ago, Bitcoin (BTC) reached a market capitalization of $1 billion, after its price at the time surpassed $95, leaving financial experts scratching their heads over the flagship dig...

1 Billion USD Mark Proved To Be A Cinch For Otherdeeds

Otherdeeds NFTs are digital collectibles associated with Otherside. Otherside is the metaverse developed by Yuga Labs. Recently, the creators initiated its demo version which several visitors attended...

BP Stock Surges After Energy Giant Records $8.5 Billion Quarterly Profit

Text size BP reported second-quarter adjusted profit of $8.5 billion as it benefited from soaring energy prices. Getty Images BP is the latest oil supermajor to post its most profitable quarter in yea...

Lockheed’s competitor L3Harris nabs $3 billion U.S. special operations contract

U.S. Special Operations Command (USSOCOM) awarded a contract under the Armed Overwatch program on August 1 to L3Harris Technologies (NYSE: LHX) and their Air Tractor’s AT-802U Sky Warden system. Notab...

1.4 billion Polygon (MATIC) Tokens Transferred Out of Project’s Vesting Contract Raise Concerns

– Advertisement – Polygon Founder Addresses Concerns Over the 1.4 billion MATIC Tokens Transferred Out of the Project’s Vesting Contract. Nailwal said the funds were unlocked over a year a...

New Player Buys Three Billion Dollars’ Worth of BTC

Bitcoin whale on the loose: While the market is still in crisis with BTC trading below $23,000, a new Bitcoin whale has appeared in the crypto ecosystem. Sparing no resources, they made their first la...

Estée Lauder May Acquire Tom Ford For $3 Billion, Report Says

Topline Beauty company Estée Lauder Cos. is in talks to buy fashion brand Tom Ford for at least $3 billion, the Wall Street Journal reported Monday, one month after Bloomberg reported the luxury label...

Las Vegas Raiders Valued At $6.5 Billion In Offer For Minority Stake

Zay Jones of the Las Vegas Raiders celebrates after scoring the game-winning touchdown in overtime to defeat the Baltimore Ravens 33-27 at Allegiant Stadium on September 13, 2021, in Las Vegas. Christ...

Microsoft negs Activision Blizzard to push through $68.7 billion acquisition

Microsoft is taking an interesting approach to secure regulatory approval for its acquisition of Activision Blizzard. In a recent filing spotted by Rock Paper Shotgun, the company told New Zealand’s C...

Boeing 787 deliveries could mean a $17 billion windfall: Morgan Stanley

Boeing could be poised to see a big financial boost as it regains the authority to deliver 787 jets. Morgan Stanley Analyst Kristine Liwag estimated that Boeing may realize $17 billion in sales from t...

Ripple Unlocks 1 Billion Tokens From Its Escrow Wallet as prices of XRP are  Red

Ripple released its XRP tokens with the help of two escrow wallets.  The co-founder of Ripple, Jed McCaleb, sold his XRP tokens in the first half of July 2022.  Ripple is a blockchain paymen...

Big Oil Could Pay Up to $25 Billion in New Taxes Under Dems’ Inflation Bill

Text size An oil pumpjack Spencer Platt/Getty Images Oil stocks were poised to open lower Monday as investors reacted to the news that the Democrats’ climate change measure could cost oil companies, b...

4.76 Billion SHIB Burned in July as Staggering Amount of SHIB Sent to Dead Wallets

Tomiwabold Olajide This comes as huge amount of SHIB was deposited to dead wallets in recent hours According to the Shibburn Twitter handle, a whopping 4,762,745,494 SHIB tokens were burned in July wi...

Almost 1 Billion Ripple (XRP) Released From Escrow Wallet

3 seconds ago | 2 mins read Altcoin News In two consecutive transactions, the assets were unlocked. Ripple locks 800 million XRP out of the 1 billion XRP it unlocks each month. Ripple (XRP) was releas...

Otherdeed NFT Collection Becomes Quickest to Surpass $1 Billion in All-Time Sales

Despite a plunge in monthly sales volume, Otherdeed continues to reach new milestones with the latest making the non-fungible token the fastest to reach $1 billion in all-time sales.  Otherdeed has be...

Nearly $140 Billion in Stablecoins Poised to Re-enter Crypto Markets

Crypto markets stabilized in July with no final capitulation event as many had predicted. There is now a large sum sitting in stablecoins waiting to re-enter markets when the time is right. Three of t...

XRP Price in the Red as Ripple Unlocks 1 Billion Tokens From Its Escrow Wallet

Alex Dovbnya The XRP token is trading in the red after the cryptocurrency market capped off its best month of the year San Francisco-based blockchain payment company Ripple has released 1 billion XRP ...

China Banks May Face $350 Billion in Losses From Property Crisis

(Bloomberg) — China’s banks face mortgage losses of $350 billion in a worst-case scenario as confidence plunges in the nation’s property market and authorities struggle to contain deepening turm...

Boy Scouts Must Change $2.7 Billion Sex Abuse Fund, Judge Rules

(Bloomberg) — The Boy Scouts of America must adjust their plan to create the biggest sexual abuse compensation fund in the U.S. in order to win final court approval for the $2.7 billion proposal...

The Battle for the $2 Billion Venezuelan Gold Stash Continues, London Rules in Favor of Opposition Leader Guaido – Emerging Markets Bitcoin News

Her Majesty’s High Court of Justice in England has determined that the Venezuelan gold stored in the vaults of the Bank of England must be managed by officials of the Central bank of Venezuela designa...

Maverick’ Tops $1.3 Billion And ‘Minions 2’ Passes $700 Million

‘Nope’ Universal In holdover news for the weekend box office, Universal and Monkeypaw’s Nope earned another $18.85 million (-58%) in weekend two for an $80.5 million ten-day cume. That’s a...

Shiba Inu Burn Rate Raises Concerns, With Only 1.13 Billion SHIB Burned in Last 7 Days

This morning, Shibburn reported the number of Shiba Inu (SHIB) tokens that have been burned over the past seven days. According to the data provided, 1.13 billion SHIBs were burned over the past week....

Quants Exit $100 Billion of Inflation Bets in Big Market Shift

(Bloomberg) — Fast-money traders have just unwound about $100 billion of bearish stock-bond bets, helping the world’s biggest markets to recover from the worst first-half in history. Most Read f...

Ethereum 2.0 Locked ETH Is Holding $15 Billion In Losses

Data shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 billion just a few days back. Realized Price Of ETH 2.0 Deposits 44% More Th...

Someone Won The $1.28 Billion Mega Millions Jackpot—Here’s How Much They’ll Take Home After Taxes

Topline A single winning ticket was sold in Illinois in the Mega Millions lottery drawing Friday to claim the $1.28 billion prize, the second-largest jackpot in the lottery’s history, Mega Millions sa...

150 Million Shiba inu Burnt In One Hour As Shib Burn Portal Total Reaches 60 Billion Since Launch

– Advertisement –   Shiba Inu’s official SHIB Burn Portal achieves a major milestone of burning 60 billion SHIB tokens in three months. Shiba Inu Community is cheering as they have burned ...