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IFF Confirms Merger With Dupont’s $26.2 Billion Nutrition Unit
16.12.2019
International Flavors & Fragrances Inc. (IFF) has recently declared that it would merge with DuPont Inc’s nutrition & biosciences unit. It will create a new consumer unit that would be worth over 45 billion USD after the merger. As per the initial agreements, DuPont shareholders will...
Uphold Users Gain Access to Salt’s Crypto-Backed Loans
16.12.2019
Uphold users have gained access to loans from Salt Lending using crypto holdings such as bitcoin cash (BCH) as collateral. The digital money platform has more than 1.5 million users globally and has powered over $5 billion in transactions. Also Read: Nexo Now Offers Bitcoin Cash Instant Crypto...
Cardano’s Shelley Testnet Starts Off With More Than 5 Billion Staked ADA
16.12.2019
More than 240 staking pools went online since Cardano’s testnet went live, with about 120 staking pools during the first day alone
This Week in Bitcoin: $8 Billion BTC Trust and Maximalists Misbehaving
14.12.2019
This Week in Bitcoin is your roundup of the prime talking points from across the cryptosphere. From the major news to the minor debates that erupted into huge arguments, we’ve captured the flavor of the frenetic soup that is Bitcoin and all that simmers in it. In this edition, the deadline...
France Announces €2.5 Billion Worth “Choose Africa” Project for African SMEs
13.12.2019
The French government is all set to support Africa in becoming one of the world’s biggest ground for investment and capital development. The country broke the news on Friday that it has entered into a widescale free trade area agreement with the African continent to boost the business opportunities...
MARKETS DAILY: Billion Dollar Returns Removed From Libra White Paper
12.12.2019
With markets continuing their decline, we're hunting for billion dollar returns and the Libra Investment Token in a major revision to the Libra white paper
Market Update: Despite Uncertainty, BTC Longs Skyrocket
11.12.2019
Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...
Accused Onecoin Co-Conspirators Fight Criminal Charges in the US
10.12.2019
The Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time...
23 Days Until a Bonded Courier Supposedly Delivers Keys to $8 Billion in BTC
9.12.2019
In 23 days, the infamous self-proclaimed Bitcoin inventor Craig Wright will allegedly receive 1,100,111 BTC from a trust purportedly held in Seychelles. In fact, many Wright supporters and BSV proponents wholeheartedly believe Wright will “gain complete ownership of the trust,” and to...
Almost $9 Billion of Bitcoin Moved On-Chain in 1 Hour: Record
5.12.2019
Almost $9 billion in BTC were moved on-chain in a single hour on Dec. 4, which constitutes an all-time high
South African Airways to Get R2 Billion as It Enters Into Business Rescue
5.12.2019
In any nation even with the slightest of socialist values, the public sector plays an important role. However, fulfilling these social obligations, public sector companies have been often financially worsened. The recent case of financially unsound South African Airways (SAA) proves that. This...
Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles
5.12.2019
The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going...
$4 Billion US Fintech Startup Sofi Receives New York Bitlicense
4.12.2019
Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...
Despite the Recent Slump, Crypto Prices Improved a Great Deal in 2019
2.12.2019
As far as prices are concerned, 2019’s cryptocurrency markets fared much better than the year prior. Currently, the entire market capitalization of all digital assets is hovering just above the $200 billion mark. The following is a look at the cryptocurrency market’s biggest gainers...
Ripple Transfers 1 Billion XRP Tokens From Escrow Wallet and Back Again
2.12.2019
Ripple transfers a total of 1 billion XRP tokens from its escrow wallet today, only to send it back minutes later
Sino-Russian Ties Make a Step Forward by Starting a $55 Billion Pipeline Project
2.12.2019
World Trade plays the most important role in today’s global economy and in the times when many big nations conflict with each other, there is always a scope for new associations. Averting the role and hegemony of the United States, Russia seems to have strengthened its agenda of “Look East” after...
Study: Blockchain Can Reduce Food Fraud By $31 Billion Within 5 Years
30.11.2019
The food industry could save up to $31 billion in food fraud savings by tracking supplies on the blockchain
Despite St. Louis Branch Warnings, New York Fed Pumps $108 Billion Into US Economy
29.11.2019
On Wednesday, November 27, the U.S. Federal Reserve pumped $108 billion into the American economy using overnight repo tactics and 15-day repos. The central bank explained the move will stimulate more liquidity into the faltering U.S. economy, but economists from the St. Louis Federal Reserve...
HSBC to Track $20 Billion in Assets on a Blockchain Next Year
27.11.2019
HSBC plans to track $20 billion in private-placement assets on its Digital Vault, allowing investors real-time access to their records
Ant Financial Plans to Raise $1 Billion Fund for New Start-ups
27.11.2019
Alibaba founder Jack Ma, owned Ant Financial, is making plans to attract around $1 billion in investment for a fund aimed at startups in Southeast Asia and India. According to a source, the company looking to invest in startups that are focused on markets in which mobile internet is growing...