(Bloomberg) — One year after Wells Fargo & Co. became one of the last big U.S. banks to make a net-zero promise, essentially marking its enormous oil and gas loan business for extinction, th...
Tag: Billion
$5.7 Billion Ethereum Already Burned with $6 Million Being Removed from Market Daily
Arman Shirinyan As a massive amount of ETH is being locked in smart contracts, the number of burned coins reaches two million Almost $6 billion worth of Ethereum has already been burned as $6 million ...
Alibaba Hikes Buybacks to $25 Billion as Crackdown Signals Ease
(Bloomberg) — Alibaba Group Holding Ltd. ramped up its share buyback program to $25 billion, expanding that arsenal for a second time in less than a year to stanch a $470 billion loss of value d...
Whopping 2.2 Billion SHIB Burned Last Week and Today So Far: Details
Yuri Molchan Well over 1.5 billion SHIB meme coins were destroyed in last seven days, while 600 million have been incinerated since Sunday morning – 2.2 billion SHIB in total Contents Close to two bil...
Warren Buffett to Buy Alleghany for $11.6 Billion in Return to Dealmaking
(Bloomberg) — Berkshire Hathaway Inc. is buying Alleghany Corp. for $11.6 billion in cash as Warren Buffett returns to the dealmaking he has shied away from in recent years. Most Read from Bloom...
OKX Outperformed Coinbase By Over $500 Billion in Volume in February
OKX experienced an 85% increase in the volume over the largest exchange of the United States by volume. Coinbase and OKX generated approximately $751.38 billion in volume in combination since the tota...
Over 2 Million ETH (Worth $6 Billion) Burned Since EIP-1559 Launch
Ethereum has officially burned more than two million ETH via the EIP-1559 upgrade implemented last year. The biggest on-chain gas burner on the Ethereum network is the leading NFT marketplace OpenSea,...
Oregon’s $4 Billion Economic Opportunity From Ambitious Climate Policy
Oregon vaulted to the vanguard of United States climate policy when Governor Brown issued Executive Order (EO) 20-04 in March 2020, targeting at least 45% economy-wide emissions reductions by 2035, an...
Terra Founder Hints at $3 Billion BTC Purchase, Explains New Bitcoin-Linked Tokenomics – Bitcoin News
Terra founder Do Kwon hinted at a future purchase of $3 billion worth of bitcoin to supply the reserves of the protocol in a recent Twitter Space shared with bitcoin enthusiast Udi Wertheimer. In the ...
Ramp Secures $750 Million in Funding, Hits $8.1 Billion Valuation
Financial technology firm, Ramp became the latest fintech to hit the valuation of $8 billion after the company secured $750 million in funding. The raise includes $200 million in equity and $550 milli...
From Physicist To Impact Officer At A $44 Billion Investment Firm
Patents, fusion chambers, particle detectors, and now – alternative real assets. Hailing from the analytical world of physics and engineering, Jill Brosig launched the ESG program at Harrison Street w...
Berkshire Hathaway to Acquire Reinsurer Alleghany for $11.6 Billion
Text size Warren Buffett, chairman and CEO of Berkshire Hathaway Saul Loeb/AFP via Getty Images Warren Buffett’s Berkshire Hathaway agreed to buy Alleghany shares for $848.02 a share in cash, or a tot...
Warren Buffett’s Berkshire Hathaway strikes $11.6 billion deal for reinsurer Alleghany Corp.
Warren Buffett picked the industry he arguably knows best, insurance, for his first major deal in two years. Berkshire Hathaway BRK.B, -0.74% BRK.A, -1.05% struck an $11.6 billion, all-cash deal to bu...
Nearly $6 Billion in ETH Burned as Ethereum 2.0 Edges Closer
Ethereum’s burn mechanism is hotter than ever, as crypto’s second-largest network has officially destroyed over 2 million ETH since the mechanism was introduced last August. According to Watch the Bu...
Philippines’ Ayala Corp. To Raise $1 Billion From Non-Core Asset Sale
Jaime Augusto Zobel de Ayala is the chairman of his family’s Ayala Corp. Courtesy of Ayala Corp. Ayala Corp.—controlled by billionaire Jaime Zobel de Ayala—aims to raise 52.5 billion pesos ($1 b...
Warren Buffett’s Berkshire Hathaway agrees to buy insurance company Alleghany for $11.6 billion
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Warren Buffett is making moves. Berkshire Hathaway said Monday morning it agre...
Anaplan Stock Surges on Deal to Be Bought by Thoma Bravo for $10.7 Billion
Text size Photograph by Michael Nagle/Bloomberg Anaplan , a provider of business-planning software, agreed to be acquired by private-equity firm Thoma Bravo for $66 a share, or $10.7 billion. The offe...
Sanctions-hit Chinese facial recognition firm DeepGlint in muted trading debut in Shanghai, with US$1 billion market cap
Chinese artificial intelligence (AI) company DeepGlint, which once targeted a US$300 billion valuation, made its trading debut in Shanghai on Thursday, but quickly saw its share price decline amid the...
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54% – Defi Bitcoin News
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the yea...
OKX Surpassed Coinbase By More Than $500 Billion in Volume in February
Coinbase Exchange saw a further decline in monthly volume in February, as OKX Exchange saw an 85% increase in volume over the largest exchange by volume in the United States. February proved to be a t...
$1.8 Billion Worth of Crypto Leaves Market as Bitcoin Breaks Through Resistance
Arman Shirinyan Cryptocurrency market faces massive outflows as traders lose trust in exchanges Contents Net flow by position Why do traders choose to move funds away from exchanges? The large outflow...
Ethereum ($ETH) Whale Invests $6 million To Purchase 271 Billion Shiba Inu
According to WhaleStats, a whale monitoring service, an Ethereum ($ETH) whale invested over $6 million for more than 271 billion Shiba Inu ($SHIB) tokens. WhaleStats further reveals that the purchase ...
Russia says it avoided default on its $40 billion sovereign debt, but creditors say they haven’t been paid yet
Russia’s finance ministry said it deposited a $117 million interest payment on two dollar-denominated bonds due Wednesday, despite global ratings agencies predicting the country may be heading f...
EQT AB is spending $7.4 billion to make this acquisition in Asia
In a major bet on Asian private markets, European acquisition behemoth EQT AB agreed to acquire rival private-equity company Baring Private Equity Asia for $7.5 billion in stock plus cash transaction....
EV Maker VinFast Mulls Up to $1 Billion Funding Round
(Bloomberg) — VinFast, a Vietnamese electric vehicle maker, is exploring a funding round to raise $500 million to $1 billion ahead of a potential U.S. listing, according to people with knowledge...
DAO Treasuries Top $8.2 Billion on Ethereum, $1.3B on Solana: DeepDAO
Interest in decentralized autonomous organizations, better known as DAOs, has seen a sharp increase since the rise and fall of ConstitutionDAO, a group that raised $45 million in ETH last year in a fa...
Foodtech dealmaking hits record $13.1 billion: Report
There’s been a wave of investment in food tech. According to a new Deloitte report, the value of deals in the space saw its largest year-over-year increase to date, surging from $6 billion in 20...
Terra (LUNA) Will Buy $10 Billion Worth Of Bitcoin. Here’s Why
Terra is one of the fastest-growing blockchains currently. Seemingly coming out of nowhere, the network had quickly become a strong rival for the leading smart contract platform in the space. Its stak...