Animoca halves fundraising target for web3 fund to $1 billion: Bloomberg

Animoca Brands has cut in half the amount it hopes to corral for a new web3 and metaverse investment fund. Yat Siu, the Hong Kong-based company’s chair, said in a Twitter Spaces interview that i...

Blockchain VC funding halves in October despite some strong raises

Blockchain venture capital inflows sharply decreased in October from the previous month. According to Cointelegraph Research, the number of individual deals dropped from 93 to 69 monthly. The Cointele...

A Week Of Two Halves For JD Sports

A more positive partnership: JD Sports announce greater collaboration with sports giant Nike in the … [+] week when a less than orthodox partnership with Elite Sports & Rangers football team...

U.S. delisting risk for Chinese ADR stocks halves after deal

The China Securities Regulatory Commission and U.S. Public Company Accounting Oversight Board announced Friday both sides signed an agreement for cooperation on inspecting the audit work papers of U.S...

Rio Halves Dividend as Dark Clouds Gather for Mining Giants

(Bloomberg) — Rio Tinto Group reported a sharp decline in first-half profit and cut its dividend in half, in the latest sign that a bonanza era of record returns across the mining industry is ne...

BlockFi halves interest rates for major cryptos Solana, Avalanche, Polygon

BlockFi, a popular crypto lending platform, has slashed interest rates by half for some of the market’s cryptos held by non-US clients. Interest rates for Solana deposits will fall from 10% to 5...

Nvidia stock halves in the sell-off

Nvidia (NASDAQ: NVDA) is set to announce earnings on Wednesday, May 25th, while the shares are down 50% from their all-time highs seen in November 2021, with a drop of roughly 40% year-to-date (YTD). ...

Charlie Munger’s Daily Journal Halves Alibaba Position

Summary The Chinese e-commerce company has seen its shares fall for more than a year. Munger’s company did not make any other changes to its equity portfolio. Renowned investor Charlie Munger (T...