It’s still much more expensive to get stuff to the U.S. from Asia a year after shipping costs first shot up. By Amy Feldman and Lauren Debter Try as he might, Greg Hayes, CEO of office-furniture compa...
Tag: Raise
Property Firm Owned By Philippines’ Richest Man To Raise $176 Million From Shopping Mall, Office REIT IPO
Manuel Villar, chairman of property developer Vista Land, during a political rally in 2010 … [+] presidential elections. NOEL CELIS/AFP via Getty Images Vista Land & Lifescapes—the real esta...
Ukraine Launches ‘NFT Museum’ to Remember the War and Raise Funds
Ukraine’s Ministry of Digital Transformation announced last Friday that it has launched a MetaHistory NFT Museum, a blockchain-based collection of digital images of the Russian invasion of Ukraine. Th...
Ukraine Launches NFT Museum to Remember The War Against Russia —And Raise Funds
On March 25, Mykhailo Fedorov, Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, announced on his official Twitter account the launch of an NFT museum where the most me...
North Korea using hackers to raise revenue via crypto heists
North Korea has been employing hackers to finance some state operations via “crypto heists”, according to a report by cybersecurity firm Mandiant. “The country’s espionage operations are believed to b...
Yuga Labs Valued at $4 Billion After $450 Million Raise
Yuga Labs – the owners of the two most popular NFT collections – has announced the completion of a $450 million fundraise to develop its NFT metaverse project. This brings the company’s valuation up t...
Eye-Scanning Crypto Project Worldcoin Set for $100 Million Raise: Report
Looking good. That’s what the iris-scanning crypto project Worldcoin is likely saying after a report that it’s in the midst of an eye-popping $100 raise which will see its valuation go to ...
Struct Finance’s customizable DeFi products raise $3.9 million
Struct Finance offers a protocol where on-chain structured products can be composed, customized and invested in so that they are better suited to different profiles of investors. They collected a tota...
Billionaire Ether Whales Splashing Hundreds Of Millions On Shiba Inu And ApeCoin Raise Eyebrows ⋆ ZyCrypto
Advertisement     Ethereum whales seem to have found a sweet spot in Shiba Inu and the newly listed Bored Ape Yacht Club’s ApeCoin, splashing hundreds of millions of d...
Ashton Kutcher and Mila Kunis raise over $34 million for Ukraine aid
Actors Ashton Kutcher and Mila Kunis attend the game between the Los Angeles Dodgers and the Oakland Athletics at Dodger Stadium on April 11, 2018 in Los Angeles, California. Jayne Kamin-oncea | Getty...
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...
NFTs, crypto mortgages, 5G network and Web3 devs raise millions
The cryptocurrency market has failed to make significant headway in recent months, but that hasn’t stopped the industry’s builders from building. Nonfungible tokens (NFTs), crypto mortgages, blockchai...
The Fed Should Stop Targeting Prices
Blind businessman holding a dart. getty For the first time in more than three years, the Federal Reserve has raised its interest rate target, a move that it has been telegraphing since late 2021. Desp...
St. Louis Fed’s Bullard says the central bank should raise rates above 3% this year
James Bullard David Orrell | CNBC St. Louis Fed President James Bullard said Friday he thinks the central bank should raise interest rates the equivalent of 12 times this year to convince the public i...
Companies raise consumer prices but only sleuths can detect it
Alexanderford | E+ | Getty Images Americans are paying more for a broad swath of household goods these days. Even items without a higher sticker price may still cost more — it’s just hard to not...
Gaming startup Lava Labs’ valuation tops $100 million in Series A raise
advertisement A London-based gaming studio that hopes to become the ‘Pixar of web3’ has raised fresh funding at an eye-grabbing valuation. Lava Labs, a blockchain gaming startup launched in 2019 and a...
Fed expected to raise interest rates for the first time since 2018
The Federal Reserve is expected to raise short-term interest rates by 0.25%, marking the central bank’s first substantial move to quell high inflation as prices rise at paces not seen in about 4...
Diem Developers Raise $200M to Build Aptos Blockchain
Meta (formerly Facebook) threw in the towel on its grand plans to create a digital currency last year. Earlier in 2022, though, it sold the remaining assets to Silvergate Capital for $182 million. The...
Diem team members raise $200M to launch blockchain derived from it
Former Meta employees and key players behind the firm’s defunc stablecoin project Diem have raised $200 million to expand a new project dubbed “Aptos.” Aptos was cofounded by former Novi — Meta’s cryp...
Federal of US to raise its target funds-what will be the impact on the crypto market?
The Federal Reserve of the United States is likely to raise its target fed funds rate on Wednesday for the first time since the outbreak of the epidemic. CME’s Fed Watch Tool predicts that the US cen...
Cramer says the stock market is unusually fragile, use rallies to raise cash
Jim Cramer advised investors on Tuesday to use rallies as an opportunity to sell and better handle volatility in the currently tumultuous market. “When things look really horrible and we’v...
ConsenSys Hits $7B Valuation in Series D Raise
Key Takeaways ConsenSys has brought in $450 million in its latest Series D raise. The company states it will use the new funding to support the rapid expansion of its MetaMask wallet. The MetaMask wal...
Luna Foundation Guard votes to raise additional $372 million collateral
advertisement The Luna Foundation Guard (LFG) has announced a plan to burn 4 million Terra (LUNA) coins — currently worth $365 million — to mint about 372 million TerraUSD (UST), which will be used to...
Solana NFT Marketplace “Magic Eden” Plans To Raise $27 Million From Sequoia Capital
NFT marketplace Magic Eden is planning to announce a $27 million fundraising round on Monday, involving Sequoia Capital and other investors. Magic Eden uses the Solana blockchain to authenticate NFTs ...
The Real Electric Vehicle Sales Numbers—and The Difficult Questions They Raise
People are buying EVs in record numbers. What does this mean for car infrastructure? Accelerating EV. Photo by Alessio Lin Buckle up, the transition to electric cars is accelerating at a pace that was...
Solana’s Top NFT Marketplace Magic Eden Announces $27M Raise
Key Takeaways Magic Eden has raised $27M in its Series A. The Series A was led by Paradigm and the funding is primarily meant for hiring, gaming, partnerships, and mobile applications. The same major ...
Ethereum Scaling Altcoin Surges 79% in Just One Week After $200,000,000 Funding Raise
An altcoin focused on the non-fungible token (NFT) sector has surged while most of the digital asset markets consolidate or trend down. Immutable X (IMX) is a scaling solution for Ethereum NFTs that a...
Federal Reserve expected to raise interest rates in week ahead
A trader on the NYSE, March 11, 2022. Source: NYSE Investors may take the Federal Reserve’s first post-pandemic interest rate hike in stride, while uncertainty over the Ukraine crisis continues ...
Roll-up developers StarkWare to raise $100M at a $6B valuation
Just three months after the last series C funding round, the Israeli company StarkWare is raising another $100 million at a $6 billion valuation, according to a report by the Israeli tech outlet Calca...
Boxing Legend Wladimir Klitschko Releases NFT Collection to Raise Funds for Ukraine
The former heavyweight boxing champion – Wladimir Klitschko – launched a non-fungible token collection to aid his war-hit homeland Ukraine. The initiative comes after a partnership with the artist WhI...
FTX CEO Joins Forces In Supporting Ukraine To Raise Crypto Donations
Amid the Russian invasion of Ukraine, the CEO of FTX, Sam Bankman Fried has come forward to help a crypto donation project. He humbly announced that FTX will be supporting the Ukrainian Ministry of Fi...