Popular meme coin Dogecoin is working towards moving to a proof of stake mechanism and it is getting help from some heavy hitters in the industry. The digital asset had grown to a holder base of 4 mil...
Tag: stake
T Stock Falls On Slashed Dividend, Spin Off Of WarnerMedia Stake
AT&T fell on Tuesday after the company said it will spin off its stake in WarnerMedia to shareholders as part of the Discovery (DISCA) merger. The annual dividend of T stock will fall by about 46%...
Bill Ackman Takes Stake In Netflix Following Sell-Off
Summary The 3.1 million-share stake is valued at around $1.1 billion. Netflix’s stock has fallen over 40% since its November high. Guru attracted to company’s pipeline and scale. Seeking t...
Ethereum’s Hashrate Sets New Milestone in Ongoing Shift to Proof of Stake
Tomiwabold Olajide Ethereum’s hashrate reaches a new milestone in ongoing transition to proof of stake According to a recent Glassnode report, Ethereum’s hashrate has reached a new milesto...
SAP to Acquire Majority Stake in Taulia
Software group SAP (Systems Applications and Products in Data Processing) announced it will acquire a large stake in Taulia. While the acquisition Acquisition Acquisition means acquiring or taking...
JPMorgan Eyes Viva Wallet, to Acquire 49% Stake
JPMorgan confirmed it may acquire approximately 49% of Viva Wallet. While the terms of the acquisition were not disclosed, the deal is speculated to be worth 700 million euros. According to Greek medi...
Ford’s Rivian Stake Is Worth Billions. Why That Might Be a Problem.
Text size Ford Motor Company’ logo Jeff Kowalsky/AFP via Getty Images Despite recent stock volatility, Ford Motor is making a mint on its investment in electric truck startup Rivian Automotive ....
Hong Kong Billionaire Michael Kadoorie To Increase Family Stake In Peninsula Hotel Operator For $337 Million
Billionaire Michael Kadoorie, chairman of Hongkong and Shanghai Hotels. Justin Chin/Bloomberg Hong Kong billionaire Michael Kadoorie is increasing his family’s stake in Hongkong and Shanghai Hotels, w...
Ethereum worth in the 2.0 stake contract surges to an ATH
TL;DR Breakdown Staking for Ethereum’s ETH 2.0 update has hit a new landmark. Ethereum might lose its command to its competitors if the update is not timely. Ethereum blockchain will still dominate...
Melinda French Gates Slashed Stake in AutoNation Stock
Text size Melinda French Gates received AutoNation shares last year as part of her divorce. John Lamparski/Getty Images Melinda French Gates more than halved her stake in automotive retailer AutoNatio...
Fintech iFast to Acquire 85% Stake in UK’s BFC Bank
Singapore-based iFast Corporation, a wealth management company, is looking to acquire an 85 percent stake in the United Kingdom-licensed BFC Bank for £40 million, a regulatory filing on Friday reveale...
Moneygram invests in crypto atm operator, buys 4% stake
One of the major reasons investors keep flocking to crypto is the enormous potential the space has. While institutional investors dominated the space in 2021, it appears they have continued in the sam...
MoneyGram acquires stake in Coinme as part of Series A funding round
MoneyGram, a money transfer service provider based in Dallas, is venturing deeper into the cryptocurrency sector. The company has announced the acquisition of a 4% in Coinme, a cryptocurrency cash exc...
Korean Gaming Giant Nexon Buys $400 Million Stake In Avengers Directors’ Entertainment Company
Nexon founder Kim Jung-ju. COURTESY OF Nexon South Korean online gaming giant Nexon has bought a $400 million stake in a Los Angeles-based entertainment company, a potential admission ticket to the gr...
MoneyGram Acquires Minority Stake in Crypto ATM Operator Coinme
On January 5, Cash transfer company MoneyGram International Inc announced that it made a strategic investment in crypto cash exchange firm Coinme. The investment gives MoneyGram a 4% ownership stake i...
Moneygram buys 4% stake in crypto ATM operator Coinme
Money transmission network MoneyGram now has a minority investment in crypto ATM operator Coinme following a Series A funding round. In a Wednesday announcement, MoneyGram said it had purchased a roug...
MoneyGram buys minority stake in crypto company Coinme
advertisement MoneyGram, the publicly traded money transfer company, has completed a strategic minority investment in Coinme, a cryptocurrency cash exchange in the US, the company announced today. The...
MoneyGram Acquires Stake in Ripple-Invested Cryptocurrency Cash Exchange
Alex Dovbnya Money transfer company MoneyGram has bought a 4% stake in Coinme Dallas-based money transfer service MoneyGram has acquired a 4% stake in cryptocurrency cash exchange Coinme, according to...
HSBC to Sell 39% Stake of Its China Brokerage Joint Venture Partner
On January 5, HSBC Holdings plc, a UK multinational investment bank, announced plans to sell a majority of its stake in a China securities brokerage joint venture company. An exchange filing showed an...
Tencent Plans to Sell a Stake in Singapore’s Sea for Up to $3 Billion
(Bloomberg) — Tencent Holdings Ltd. has sold $3 billion of shares in Singaporean online gaming and e-commerce company Sea Ltd. as it seeks funds for new initiatives and philanthropic efforts to ...
Why AT&T May Be Leaning Toward a Spinoff of Its Discovery Stake
AT&T may be leaning toward a straightforward spinoff of the 71% stake in the new Warner Bros. Discovery in the coming months rather than a complex “split-off,” or exchange offer. A transaction in ...