Tag: Billion

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More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan

Web3 gaming burned through up to $15 billion chasing a token-driven future that gamers never bought into.Data from Caladan, a market-making and trading firm,...

Bankman-Fried’s FTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion today

A 5% stake in AI coding startup Cursor that FTX's bankruptcy estate sold for $200,000 in April 2023 would be worth about $3 billion...

How Maker’s Spark and USDC are winning the $10 billion Aave breakup

Over $10 billion has exited Aave after the Kelp DAO exploit, but the capital hasn't all gone to one place. After the roughly $292...

Revolut targets a $200 billion IPO just months after its $75 billion share sale

British crypto-friendly fintech firm Revolut notified investors that it was targeting a valuation of up ​to $200 billion in its stock market listing, the...

Bitcoin price tops $78,000 on Trump ceasefire extension, Strategy’s $2.5 billion buy

Bitcoin BTC$78,050.65 is breaking out of the Iran-headline chop.The cryptocurrency topped $78,000 on Wednesday morning, up 2.2% over 24 hours and 4.3% on the...

Core Scientific seeks $3.3 billion bond sale to further AI data center pivot

Core Scientific (CORZ) is preparing to raise $3.3 billion through a junk bond sale as it continues its transition toward artificial intelligence-focused data center...

Bitcoin bounces above $76,000 as DeFi suffers $16 billion exodus after major hack

Bitcoin BTC$76,313.18 held above $76,000 on Monday, rebounding from overnight lows as the broader crypto market remained steady despite Iran war risks.The largest cryptocurrency...

Nearly $1 billion in bitcoin (BTC) ETF inflows power bull case as Kelp hack fuels DeFi jitters: Crypto Daily

Market dynamics continue to paint a bullish picture for bitcoin BTC$75,263.35 even as Iran-related developments and DeFi hacks dominate headlines.U.S.-listed spot ETFs pulled in...

MSTR buys 34,164 BTC for $2.54 billion

Michael Saylor’s Strategy (MSTR) added 34,164 bitcoin to its treasury over the past week at an average price of about $74,395 per coin, for...

Mexican neobank Plata hits $5 billion valuation

Latin American digital bank Plata has closed on a $405 million Series C at a $5 billion valuation.EditorialThis content has been selected, created and...

Bitcoin heads into a $7.9 billion options expiry with heavy positioning at $75,000

Bitcoin BTC$75,194.05 options worth roughly $7.9 billion are set to expire on Deribit this Friday, with positioning data pointing to $62,000 and $75,000 as...

Aave records $6 billion TVL drop as Kelp hack exposes structural risk at DeFi lender

Aave just watched $6.6 billion walk out the door, and it's not because anyone hacked Aave.The protocol's total value locked dropped from $26.4 billion...