Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his knowledge about Blockchain, Cryptocurrencies, Artific...
Tag: bln
Binance Secretly Moved $1 Bln User Assets Just Like FTX: Forbes
Binance FTX News: In a sensational revelation, it is reported that Binance, the world’s largest cryptocurrency exchange, had done something similar to FTX while handling user assets. According to late...
Tether (USDT): stablecoin capitalization +1 bln
The problems faced by the stablecoin Binance USD (BUSD) are benefiting USDT (Tether). Indeed, yesterday USDT’s market capitalization rose from $68.5 billion to $69.5, thus growing by about a billion i...
Terra Classic (LUNC) Staked Reaches 900 Bln As Utility Returns
Total Terra Classic (LUNC) tokens staked on the network reaches over 900 billion as utility slowly returns to the blockchain. After much effort from the Terra Classic community and developer groups, L...
Coinbase CEO Armstrong says Bankman-Fried’s US$8 bln ‘accounting error’ doesn’t stand up
Coinbase Global Inc. Chief Executive Brian Armstrong said Sam Bankman-Fried’s explanation of sloppy accounting as the reason US$8 billion moved from his crypto exchange FTX to brokerage arm Alameda Re...
SBF Reveals Different Balance Sheet; States Where $8 bln Go
The global digital asset industry dropped under the crucial $1 trillion market cap following the horrible collapse of the Sam Bankman-Fried (SBF) FTX. The crypto exchange collapsed due to a massive $8...
Community Burns 25 Bln Terra Classic
Terra Classic (LUNC) News Live Updates (October 26): The Terra Classic community has burned nearly 25 billion Terra Classic (LUNC) tokens until now. Binance on Monday burned over 1.34 LUNC tokens, tak...
Digital Yuan’s Volume Crosses $14 bln Mark, Raising Concerns
China is undoubtedly leading the CBDC race but its phenomenal growth could threaten the existing monetary standards with the new digital yuan. The digital yuan’s transactional volume exceeded $14 bill...
One Of China’s Richest Women Gives $3.8 Bln Of Shares To Husband
Hengli Group is located west of Shanghai in the Chinese city of Suzhou. Photographer: Qilai … [+] Shen/Bloomberg © 2019 Bloomberg Finance LP One of China’s richest women is worth a few billion d...
Circle’s USD Coin (USDC) Market Cap Tumbles Below $50 Bln, Here’s Why
Circle’s USD Coin (USDC) market cap continues to tumble below $50 billion as whales lose confidence in the stablecoin and exchanges delist USDC amid censorship risks. After the Terra-LUNA crisis and l...
Crypto Market Downturn; Bolt Drops $1.5 Bln Deal
Bolt Financial Inc, a US based checkout firm on Friday announced that it has dropped the $1.5 billion accusation deal with Wyre Payment Inc. This big statement has come amid the crypto market downturn...
ETH Whale “Gimli” Scoops 407 Bln Shiba Inu; Price Jumps By 7%
Shiba Inu (SHIB) is emerging as the favorite token among the biggest of the Ethereum (ETH) whales. The move has also helped the SHIB token to post some green indexes. Whales add 527 bln Shiba Inu toke...
Shanghai Aims To Achieve $446 Bln Digital Economy Through Web 3
The Shanghai Municipal People’s Government laid down its 14th five-year plan for the development of Shanghai’s digital economy. Shanghai is considered the financial capital of China. The policy paper ...
Tether USDT Market Cap Slips Below $70 Bln As Redemptions Mount
Tether (USDT), the world’s largest stablecoin’s market capitalisation has registered a continuous drop over the past few weeks. It now has shrunk below the $70 billion mark. Is USDT losing the race? A...
Crypto Billionaires Lose $114 Bln As Bitcoin Crashes Under $23K
The Global cryptocurrency market has plunged by another 4% on Tuesday. Its total market capitalization dropped under the $1 trillion pivotal level. This continuous drop has posted a huge dent in the t...
This Crypto Exchange Is Investing $1 Bln Into DeFi Despite A 80% Crash
Crypto exchange Huobi Global launched a new venture capital arm aimed at investing in upcoming blockchain, web3 and DeFi projects. The spinoff is called Ivy Blocks, and has over $1 billion in assets u...
New York couple accused of laundering $4.5 bln in crypto
Bitfinex is still negotiating a possible plea deal Morgan was released to house arrest Federal prosecutors asked to postpone the hearing until Aug. 2 A New York couple blamed for washing $4.5 billion...
Ripple (XRP) Steady Even As 1 Bln Tokens Leave Escrow, Here’s Why
Ripple’s XRP token has been trading under uncertain pressure for a long time due to its ongoing lawsuit with SEC. However, it has managed to stay on the tally of the top 10 biggest cryptocurrencies in...
Coinbase Heads Cash-In $1.2 Bln While Shares Hit Record Lows
Coinbase recently become the first cryptocurrency company to enter the tally of Fortune 500. The company posted revenue of more than $7.8 billion for the financial year 2021. Coinbase stood at the 437...
Tether (USDT) Supply Plummets To $74 Bln, Will It Crack Under Pressure?
Tether (USDT), the world’s largest stablecoin, saw its total supply fall sharply this month as more investors traded the token in for dollars. The trend comes in the wake of one of the worst crypto cr...
Buy The Dip? Whales Add $1.2 Bln Bitcoin As Price Falls Below $30K
Bitcoin whales saw the token’s latest dip as another buying opportunity, with chain data showing at least $1.2 billion BTC was accumulated as the token sank below $30,000 again. The Global crypto mark...
Tether Makes $1 Bln Swap To Support The USDT Peg, Here’s How
Tether announced on Thursday it will coordinate with a third party to perform a chain swap for raising more than 1 billion USDT while keeping the total supply the same. Tether plans to use Tron TRC20 ...
Crypto Market Crash Causes Carnage In Futures, Over $1 Bln Liquidated
Steep losses in the cryptocurrency market caused mass liquidations in the past 24 hours, recent data shows. While total market capitalization sank by 3% to below $1.45 trillion, the effect was magnifi...
Justin Sun’s Tron Nabs Big Names For Its $10 Bln Stablecoin Reserve
The Tron blockchain’s plans for a decentralized reserve appear to be gathering interest from several major players in the crypto industry. Tron’s algorithmic stablecoin, USDD, began trading earlier th...
Despite A Crypto Crash, This Unicorn Is Targeting A $10 Bln Valuation
Singapore-based crypto unicorn Amber Group is reportedly targeting a $10 billion valuation through more funding. The firm had earlier this year raised about $200 million in a series B+ funding round. ...
MicroStrategy Is Holding Bitcoin At A $1 Bln Loss, Here’s Why
Software firm MicroStrategy recently reported a net loss for the first quarter of 2022, which appears to be driven largely by its Bitcoin holdings. The firm reported a net loss of $170 million, or $11...
ETH Whale Adds 300 Bln Shiba Inu Tokens Amid Crypto Crash
Shiba Inu (SHIB) prices have declined by 14% in the past week, which has attracted buying by the biggest Ethereum whales. SHIB’s losses come amid a broader downturn in the crypto market, which saw mos...
Terra’s DeFi Value Hits Record-High $21.8 Bln, What It Means For Luna:
Terra, the second-largest DeFi blockchain, saw its total value locked (TVL) jump to a record high on Tuesday amid an increasing number of deposits. Data from DeFi Llama showed that TVL on the Terra bl...
Over 8 Bln Shiba Inu (SHIB) Burned In 24 Hours After Burn Portal Launch
The world’s second largest meme cryptocurrency, Shiba Inu (SHIB) released its much anticipated Burn Portal last week. According to the developers, over 8 Billion Shiba Inu tokens were burned in the 24...
Kroger unveils $24.6 bln deal to buy smaller grocery chain Albertsons
Kroger has inked a deal with Albertsons to purchase the smaller grocery retailer for $24.6 billion. The acquisition will establish a national footprint “to serve America with fresh, affordable food,” ...