(Bloomberg) — Said Kerimov, the son of sanctioned Russian billionaire Suleiman Kerimov, resigned from the board of gold miner Polyus PJSC on Monday, the same day his family’s holding company red...
Tag: Billion
Crypto payments firm Wyre acquired by Bolt in deal worth roughly $1.5 billion
Bolt, a payments and e-commerce firm, has acquired crypto company Wyre in a deal valued at around $1.5 billion. “Bolt and Wyre plan to close the transaction and fully integrate before the end of...
HP Stock Skyrockets After Warren Buffett’s Berkshire Reveals $4.4 Billion Investment
Topline Shares of legacy technology giant HP Inc. surged Thursday morning after legendary investor Warren Buffett’s Berkshire Hathaway disclosed the purchase of more than 104 million shares this...
Blockchain security firm CertiK reaches $2 billion valuation
Blockchain security firm CertiK has reached a valuation of $2 billion in a new funding round, as a rise in crypto scams underlies the need for more security and protection. The firm has raised $88 mil...
Solana NFT Sales Reach Milestone of $1.6 Billion
Over the past few days, CryptoSlam, an NFT transaction tracker, confirmed that the Solana layer-1 blockchain network has taken the third place in total NFT sales, just behind the Ronin and Ethereum. D...
Shell Faces $5 Billion Hit For Leaving Russia As Energy Sector Braces For Fallout Of Putin’s Invasion Of Ukraine
Topline British energy giant Shell on Thursday said it expects to take a hit of up to $5 billion in the first quarter of 2022 following its decision to leave Russia, one of the first indications of th...
Buffett’s Berkshire Hathaway Adds New $4.2 Billion HP Stake
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. bought a stake in HP Inc. valued at more than $4.2 billion. Shares of the laptop maker surged as much as 10%. Most Read from Bloomberg Berk...
MicroStrategy Has A New “Buy The Dip” Competitor In Terra As LFG’s Bitcoin Stash Hits $1.6 Billion ⋆ ZyCrypto
Advertisement     Terra has once again purchased a significant sum of Bitcoin as BTC slips below $44,000. The blockchain platform, which is home to LUNA and Terra UST,...
Binance.US raises over $200 million at a $4.5 billion pre-money valuation
Binance.US, the American affiliate of global crypto exchange Binance, has closed its inaugural funding round after months of seeking it. The firm has raised over $200 million in a seed round at a pre-...
The $120 Billion Global Grain Trade Is Being Redrawn by Russia’s War in Ukraine
(Bloomberg) — Across Ukraine’s farm belt, silos are bursting with 15 million tons of corn from the autumn harvest, most of which should have been hitting world markets. Most Read from Bloomberg ...
Why JetBlue is willing to shell out $3.6 billion for discount airline Spirit
View of JetBlue planes at Terminal 5 of John F. Kennedy International Airport on May 12, 2020 in New York, NY. Pablo Monslave | Getty Images JetBlue on Wednesday said its $3.6 billion all-cash bid for...
Bitcoin, Ether, Cardano, Solana Brace For Turbulent Week As Crypto Market Sheds $100 Billion ⋆ ZyCrypto
Advertisement     The crypto market sank from $2.170 trillion to $2.059 trillion in less than 24 hours according to CoinMarketCap in the face of rising fears that curr...
Crypto Exchange Binance.US Raises $200 Million Seed Round At $4.5 Billion Valuation
Binance.US CEO Brian Shroder Binance.US Binance.US, the American franchise of Binance.com, the world’s largest cryptocurrency exchange led by billionaire Changpeng Zhao has raised a seed round of $200...
Crypto Markets Shed $100 Billion as Bitcoin Dumped to $44K (Market Watch)
Bitcoin took another massive downturn in the past 24 hours and slipped to just over $44,000. Most altcoins have also turned red today, with price declines from Ethereum, Solana, Polkadot, Avalanche, a...
OpenZeppelin Foils Convex Protocol’s Potential $15 Billion Rug Pull – crypto.news
OpenZeppelin has revealed that it recently uncovered a severe vulnerability in the Convex Finance (CVX) DeFi protocol code that would have led to a $15 billion rug pull if exploited. The loophole has ...
Ethereum’s (ETH) Yearly Revenue Hits A Whopping $13.3 Billion
New data continues to support the growing adoption and popularity of the Ethereum blockchain. Per data from Token Terminal (TT), a crypto data aggregator, the Ethereum blockchain has generated approxi...
Fake $14.7 Billion Textron Takeover Bid Leads to Criminal Charge
(Bloomberg) — A supposed $14.7 billion offer to buy defense contractor and aircraft maker Textron Inc. in 2020 has resulted in criminal charges against the would-be acquirer. Most Read from Bloo...
Cardano (ADA) Transaction Volume Retraces Toward All-Time High with $65 Billion
Arman Shirinyan Cardano’s volume rises back to record levels as demand for network-based dApps rises Contents Adjusted volume on the rise Cardano getting ready for a series of releases Following...
FTX founder Sam Bankman-Fried plans to give away almost all of his $24 billion crypto fortune
FTX founder Sam Bankman-Fried is one of the youngest billionaires in the world. At the age of thirty the crypto billionaire now wants to give his fortune away, something he has always intended to do a...
Ripple Partner to Unlock $34 Billion Cross-Border Payment Market in the Philippines
Tomiwabold Olajide An estimated $34 billion in remittances arrive in the Philippines each year In a recent release, iRemit, a non-bank remittance service provider that leverages Ripple’s ODL to ...
CEO Behind $50 Billion Stablecoin Explains Why Not All Digital Dollars Are Created Equal
Circle CEO Jeremy Allaire Circle Financial Jeremy Allaire is CEO of Circle, one of the primary issuers of the dollar-pegged USD Coin, one of the fastest growing stablecoins in the world. With a market...
Here is why AMD is spending $1.9 Billion on this acquisition
Advanced Micro Devices (NASDAQ: AMD) had entered a definitive agreement for the acquisition of Pensando for around $1.9 billion, subject to working capital plus other adjustments. Pensando distributed...
OpenZeppelin Discovers $15 Billion Rug Pull Vulnerability In Convex Finance
A routine security audit turned into a potential nightmare for Convex Finance as OpenZeppelin’s security team discovered a vulnerability during a security review of the Convex Finance protocol. The b...
Musk buys $2.9 billion stake in Twitter, what does this mean for Dogecoin?
Elon Musk bought a 9.2% stake in Twitter for $2.9 billion, making him the platform’s biggest shareholder. Recently, the Tesla CEO had slammed Twitter on the grounds of it “failing to adhere to free sp...
Hackers Stole Over $1.22 Billion From DeFi Market This Year Alone
The DeFi market lost over $1.22 billion to hackers in the first three months of 2022 alone, according to bug bounty platform Immunefi. The figure is nearly eight times more than the $154 million lost ...
Convex Finance addresses bug that could’ve led to a $15 billion rug pull
Convex Protocol, a platform that boosts rewards for those using the Curve stablecoin, has mitigated an issue that could’ve resulted in a $15 billion rug pull. Rug pulls occur when seemingly legi...
Manhattan residential real estate sales hit record $7.3 billion in first quarter
Luxury high-rise apartments are viewed across Central Park South near Columbus Circle in the Manhattan borough of New York. Robert Nickelsberg | Getty Images Manhattan residential real estate sales to...
Senate Reaches A Deal On $10 Billion Pandemic Response Package. Here’s What’s In It.
Topline Senate Democrats and Republicans on Monday struck a deal on a $10 billion coronavirus response package covering Covid-19 therapeutics, antivirals, tests, vaccines and research projects just da...
Senators reach $10 billion Covid funding deal for therapeutics, vaccines and testing
U.S. Senator Mitt Romney (R-UT) speaks during a Senate Health, Education, Labor, and Pensions Committee hearing to examine the federal response to the coronavirus disease (COVID-19) and new emerging v...
Third Largest Whale On Ethereum Purchases 86 Billion SHIB Despite Memetoken’s Poor Performance
The third-largest whale on the Ethereum blockchain dubbed “Tsunade” has purchased 86 billion Shiba Inu tokens even after the anemic performance of the meme currency. Currently, the wallet ...
Waves Labs Announces Plans For $10 Billion TVL by End of 2022
Waves Labs, a US-based growth engine for the Waves blockchain, has published its plans to continue accelerating the recent Waves momentum and establish the chain as a premier player in the US crypto s...
Shein Plans Fundraising at $100 Billion Valuation
Shein has already secured $553.4 million in over five fundraising rounds. Chinese e-commerce firm Shein is looking forward to a $100 billion worth of valuation in upcoming fundraising, according to pe...