Category: billion
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Bitcoin Whales Dump Over $1 Billion In BTC Amid Shifting Market Dynamics
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Bitcoin whales, or large-scale holders of the digital asset, have been offloading their holdings at a rapid pace. According to on-chain analysis firm CryptoQuant, these long-term Bitcoin investors and miners have sold over $1 billion worth of BTC in the past two weeks, signaling a significant shift in market dynamics.…
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Bitcoin Whales Dump Over $1 Billion In BTC Amid Shifting Market Dynamics
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Bitcoin whales, or large-scale holders of the digital asset, have been offloading their holdings at a rapid pace. According to on-chain analysis firm CryptoQuant, these long-term Bitcoin investors and miners have sold over $1 billion worth of BTC in the past two weeks, signaling a significant shift in market dynamics.…
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Investment firm Hamilton Lane closes $5.6 billion fundraising, exceeds target By Reuters
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(Reuters) – Investment management firm Hamilton Lane (NASDAQ:) said late Tuesday it has raised $5.6 billion as part of Hamilton Lane’s sixth secondary fund, exceeding its initial target. The fundraising, the largest in the company’s history, saw strong support from a diverse group of new and existing investors, with the…
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Boston Scientific to buy Silk Road Medical in $1.16 billion deal By Reuters
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By Sriparna Roy (Reuters) – Boston Scientific said on Tuesday it will buy Silk Road Medical Inc (NASDAQ:) in a $1.16 billion deal, adding medical devices used to prevent strokes. Boston, which generates most of its revenue from sales of cardiac devices such as defibrillators and stents, will pay $27.50…
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Doo Group Clocks $106.53 Billion in May Trading Volume
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Exclusive-Vanguard vote switch helped pass Tesla CEO Elon Musk’s $56 billion pay package By Reuters
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Written by Ross Kerber (Reuters) – Vanguard, Tesla Inc. (NASDAQ:)’s largest outside investor, said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, which contributed to the record-breaking rankings being passed on Thursday. In a memo seen by Reuters, Vanguard said it voted…
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Notorious conspiracy theorist Alex Jones’ assets will be sold to pay a $1.5 billion debt to families of the Sandy Hook massacre victims
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A federal judge on Friday ordered the liquidation Conspiracy theorist Alex Jones “personal assets but dismissed his company’s separate bankruptcy case, leaving the future of his media platform Infowars uncertain as he owes $1.5 billion over his false claims that… Sandy Hook Elementary School shooting It was a trick. Judge…
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The Future Is Uncertain For Terra Ecosystem After $4.47 Billion SEC Settlement Over LUNA, UST !
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Terra (LUNA) blockchain. Algorithmic stablecoin TerraUSD (UST) has been at the center of the turbulent saga in the cryptocurrency industry. The dramatic collapse of LUNA and UST in 2022 led to a massive financial crisis, wiping out billions of investors’ money. Following this, the US Securities and Exchange Commission (SEC)…
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The Future Is Uncertain For Terra Ecosystem After $4.47 Billion SEC Settlement Over LUNA, UST !
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Terra (LUNA) blockchain. Algorithmic stablecoin TerraUSD (UST) has been at the center of the turbulent saga in the cryptocurrency industry. The dramatic collapse of LUNA and UST in 2022 led to a massive financial crisis, wiping out billions of investors’ money. Following this, the US Securities and Exchange Commission (SEC)…
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Ethereum Withdrawals From Coinbase Top $1.2 Billion, What’s Going On?
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Ethereum has seen a number of notable drawdowns indicating that cryptocurrency whales are anticipating a price rebound. These large withdrawals caused ETH balances on centralized exchanges to fall to their lowest level since 2016. 336,000 Ethereum withdrawn from exchanges Cryptocurrency analyst Ash Crypto has moved to X (formerly Twitter). reveal…
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Musk’s small-investor army cheers approval of $56 billion Tesla pay package By Reuters
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Written by Abhiroop Roy SAN FRANCISCO (Reuters) – Elon Musk’s army of small investor allies scored a victory on Thursday as the Tesla (NASDAQ:) CEO won a crucial shareholder vote on his $56 billion pay package despite opposition from major institutions. Wealthy investors, who own an unusually high stake in…
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Visa, Mastercard $30 billion fee settlement in peril By Reuters
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Written by Jonathan Stemple NEW YORK (Reuters) – Visa (NYSE:) and MasterCard (NYSE:)’s proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in jeopardy, after a New York judge signaled she was preparing to reject the agreement. U.S. District Judge Margo Brody in Brooklyn…
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Terraform Labs Announces Dissolution Following $4.7 Billion SEC Settlement
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Terraform Labs (TFL), the blockchain company that has been at the center of a long legal battle with the US Securities and Exchange Commission (SEC), has decided to dissolve its operations following a landmark settlement agreement. the Colonywhich was valued at a staggering $4.47 billion, ended more than a year…
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Musk Says His $56 Billion Pay at Tesla Is Passing by ‘Wide Margins’
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(Bloomberg) – Elon Musk said late Wednesday in the United States that two major proposals to re-certify his salary package and move Tesla Inc.’s legal headquarters are in the works. To Texas from Delaware they currently pass by a “wide margin.” Most read from Bloomberg The preliminary results are great…
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Coinbase Witnesses Largest Ethereum Outflow of the Year, Surpassing $1 Billion
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Coinbase saw its largest Ethereum outflow this year, totaling more than 336,000 ETH, worth more than $1 billion on June 12. This marks the fifth instance in 2024 where more than 150,000 ETH has been withdrawn from a cryptocurrency exchange in a single day. It is still unknown who is…
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Musk says Tesla shareholder vote for $56 billion pay package passing by wide margins By Reuters
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(Reuters) – Tesla (NASDAQ:) shareholder decisions on CEO Elon Musk’s pay package and its move to move legal headquarters to Texas are currently passing by wide margins, Musk said in a post on social media platform X on Wednesday. Electric car maker Tesla shareholders are voting on a proposal to…
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Elon Musk, ‘absent CEO’, set to land $45 billion Tesla pay package
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On Thursday, Tesla shareholders will vote on whether or not to approve Musk’s uniquely structured pay package. Initially passed in 2018, Tesla’s board of directors and shareholders praised the pay proposal because it was seen as a major success, requiring Musk to do so. Almost impossible goals Before he sees…
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ZKsync Announces Historic Airdrop with 3.6 Billion Tokens Distributed
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Matter Labs, creators of ZKsync, announced on Tuesday that the community distribution process for the new ZK tokens will begin next week. The Ethereum Layer 2 service provider will distribute 3.675 billion tokens, representing 17.5% of the total token supply through airdrops, to approximately 695,232 eligible wallets. ZK Airdrop coming…
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ZKsync Announces Historic Airdrop with 3.6 Billion Tokens Distributed
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Matter Labs, creators of ZKsync, announced on Tuesday that the community distribution process for the new ZK tokens will begin next week. The Ethereum Layer 2 service provider will distribute 3.675 billion tokens, representing 17.5% of the total token supply through airdrops, to approximately 695,232 eligible wallets. ZK Airdrop coming…