Fintech startup Brex received billions of dollars in deposits from Silicon Valley Bank customers on Thursday, CNBC has learned. The company, itself a high-flying startup, has benefited after venture c...
Tag: Billions
Firm Seeks Buyer As Banks And Cryptocurrencies Lose Billions Of Dollars In Value
Topline Silicon Valley Bank Financial will explore a sale of the firm after attempts to raise capital earlier in the week were unsuccessful, according to multiple reports, as turmoil with the bank has...
SHIB Burn Rate up Whopping 27,954%, Billions of Shiba Inu Go up in Flames
Yuri Molchan Several billion Shiba Inu removed from circulation, pushing burn rate to staggering high Contents Burn rate jumps by nearly 30,000% Shibarium to launch this week Shibburn tracker has shar...
Traders Burned by Stock Losses Are Pouring Billions Into Credit
(Bloomberg) — As stock markets take another pummeling, more traders are hiding out in credit markets. Most Read from Bloomberg They’re finding refuge in top-quality bonds, especially short-term ...
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders – Bitcoin News
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin an...
FLUUS Gets Funding For Its Mission To Onboard Billions To…
Startup FLUUS, the creator of a unique crypto on-ramping and off-ramping platform that allows users to buy and sell with cash and mobile payment apps, has closed on its pre-seed funding round. Armed ...
Binance responds to allegations of moving billions in customer funds
As per a Forbes report, the corporation allegedly moved $1.8 billion in assets belonging to its customers. Moving money across wallets is common and poses no problems, according to Binance’s CSO. The ...
How Hard is it for Stablecoin Issuers To Cash Out Billions?
Stablecoin issuer Paxos Trust, under pressure from US regulators, must be able to honor potentially billions in redemptions in the year ahead. That raises questions about whether the firm — and, for t...
5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter – Market Updates Bitcoin News
2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency...
Billions of BUSD Stablecoin Being Burned Amid Regulatory Crackdown
4 hours ago | 2 mins read Editors News Earlier Paxos burned more than $700 million of BUSD tokens. Binance intends to move an astounding 2 billion BUSD stablecoin to a dead wallet. As per the crypto w...
Binance Stablecoin Flipped By Cardano, Polygon As Billions Burn
Binance-branded stablecoin BUSD has taken a beating since issuer Paxos confirmed receipt of an ominous Wells notice from the SEC, falling to ninth place on crypto market cap leaderboards. BUSD is now ...
Ray Dalio—Worth $19 Billion—Will Get Billions More After ‘Frantic’ Exit Negotiations, Report Says
Topline Billionaire Ray Dalio, founder of the hedge fund Bridgewater Associates, will receive billions of dollars in exchange for his retirement from the firm after “more than six months of frantic be...
Already worth $19 billion, Ray Dalio will be paid ‘billions’ more after retiring from Bridgewater: report
Ray Dalio, founder of the world’s biggest hedge fund, is to be paid billions of dollars via an exit package he secured upon retiring from Bridgewater Associates last year, according to a report by the...
Jump Crypto profited from Terra Luna as investors lost billions
Sources familiar with the Securities and Exchange Commission’s (SEC) lawsuit against Do Kwon have named Jump Crypto as the beneficiary of $1.28 billion dollars in profit from his decimated crypto empi...
The victims of a crypto fraud targeting internet acquaintances lose billions
Join Our Telegram channel to stay up to date on breaking news coverage When Brett Vincent made a roughly $200,000 investment in cryptocurrencies through a person he befriended on LinkedIn in the fall ...
Congo Watchdog Wants Billions of Dollars More From China Infra Deal
(Bloomberg) — The Democratic Republic of Congo’s government watchdog called for a major overhaul of the country’s $6.2 billion minerals-for-infrastructure deal with China after its investigation...
Bond Billions Coming Home to Europe Ease Long-Term Currency Drag
(Bloomberg) — A seismic shift in capital flows is playing out in Europe’s bond and currency markets as investors adjust to a world without central bank stimulus. Most Read from Bloomberg Three h...
Dogecoin Whales Scoop Up Billions Of DOGE On Musk-Induced Push — Is A Push To $1 Possible? ⋆ ZyCrypto
Advertisement     Dogecoin has continued to gain attention on the back of Elon Musk’s endorsements, particularly after the billionaire took over Twitter and promised t...
Bitcoin single-day price surge linked to billions in USDC inflows
Bitcoin (BTC) hit a six-month high of $24,800 on Feb. 16, registering a double-digit surge of 15%. The single-day Bitcoin price surge took many by surprise, given February has been historically beari...
Crypto exploits, diverse hacks, and billions of dollars stolen in 2022: Report
In 2022, cyber criminals stole over $2.8 billion in cryptocurrency. The largest hacking incident of 2023 was February 2023’s Oracle attack. As per a 13 February report by CoinGecko, in tandem with DeF...
DeFi exploits and access control hacks cost crypto investors billions in 2022: Report
Cyber criminals used a variety of novel ways to carry out hacks and exploits in 2022, with over $2.8 billion of cryptocurrency stolen last year. According to a report from CoinGecko using data sourced...
Craig Wright pursues jury trial over billions worth of bitcoin
The London Court of Appeal has ruled that Craig Wright’s case against Bitcoin developers can proceed to trial. The case involves Wright’s allegation that his company, Tulip Trading, lost 111,000 bitco...
‘Billions’ Spin-Offs, ‘Dexter’ Prequel, Showtime Is Trying To ‘Do A Yellowstone’
Dexter New Blood Showtime With news that Showtime and Paramount Plus are about to merge into a new service, Paramount+ with Showtime (seriously), it’s not just Showtime’s series that are being ported ...
This ultrarich New York family lost billions on Enron, Bernie Madoff, and now FTX — here are 3 simple tricks to avoid getting scammed yourself
Like a man struck by lightning three times, billionaire oil baron Robert Belfer has the dubious distinction of falling prey to Enron’s corruption, Bernie Madoff’s Ponzi scheme and the implosion of cry...
Shiba Inu (SHIB) climbs 20%, Billions of Luna Classic (LUNC) tokens being burnt monthly, and Snowfall Protocol (SNW) gains 1000 new users ahead of Feb 3rd launch
Join Our Telegram channel to stay up to date on breaking news coverage In recent years, thousands of cryptocurrencies have emerged and gained popularity as good investment options. While some of the...
TotalEnergies Exposed To Alleged Adani Fraud Via Joint Ventures Worth Billions
Gautam Adani, chairman of Adani Group, speaks during the Forbes CEO Summit in Singapore, on Tuesday, … [+] Sept. 27, 2022. India needs fossil fuels to serve large populations and getting rid of ...
Cosmos’ market cap surpasses billions but ATOM’s pullback could be imminent
Active addresses on the Cosmos blockchain decreased as its market cap crossed $3.5 billion. ATOM’s direction could favor the bears despite bullish twin peak possibility. The self-acclaimed internet of...
New York Stock Exchange’s ‘Manual Error’ Briefly Wiped Billions Of Dollars In Market Value—Here’s What Happened
Topline The New York Stock Exchange on Wednesday said a manual error was behind the technical issue that forced the sudden halt of dozens of stocks and briefly wiped billions of dollars in market valu...
U.S. mortgage lenders gave crypto banks billions of dollars: Report
Join Our Telegram channel to stay up to date on breaking news coverage According to a Jan. 21 article in the newspaper, the Federal Home Loan Banks System (FHLB) of the United States is financing bill...
U.S. Home-loan Banks Gave Billions of Dollars to Crypto Banks
Signature Bank, as well as Silvergate, has taken more than $13 billion from the federal home loan system. On January 21, The Wall Street Journal reported that the United States Federal Home Loan...