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Nalezeno "$20 Billion": 2983

Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents

28.2.2020
The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets...

Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List

26.2.2020
On Wednesday, the “Hurun Global Rich List,” a ranking of the wealthiest individuals, published its 2020 report that notes the world saw 346 new billionaires last year. This year’s list also includes six blockchain entrepreneurs who made the Hurun Global Rich List through...

Binance-Backed FTX Exchange Seeks Billion-Dollar Valuation in Equity Token Sale

25.2.2020
FTX claims its high-growth rate justifies its billion-dollar valuation

Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers

23.2.2020
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money...

Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced

22.2.2020
Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring...

Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium

19.2.2020
Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary...

Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates

18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...

Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies

14.2.2020
In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital...

Bangladesh Bank with $4 Billion in Assets Now Employs RippleNet

13.2.2020
Bangladesh-based Bank Asia becomes a member of Ripple’s RippleNet blockchain-enabled remittances network

Crypto Market Cap Hits $300 Billion But Bitcoin Dominance Down 6% YTD

12.2.2020
The crypto market cap reaches a new milestone at $300 billion but will traders be able to hold $10.3K?

XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins

10.2.2020
Crypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is poised for a price jump in...

Defi Market Surpasses $1 Billion – But There’s a Catch

7.2.2020
The total value locked (TVL) in decentralized finance applications has surpassed $1 billion, prompting celebrations from the Ethereum community. Not everyone has been swift to toast the milestone, however, with suggestions that the true value locked into defi protocols is materially lower....

Why DeFi’s Billion-Dollar Milestone Matters

7.2.2020
The DeFi market hitting $1 billion in locked crypto is something even the most fervent ethereum skeptics would have a tough time dismissing as meaningless

Ethereum Price Sets 2020 High — Are Investors Buying the ETH 2.0 Hype?

7.2.2020
Ether price notched a new 2020 high above $220 as the DeFi sector saw its value break the $1 billion mark

Value Locked in Crypto DeFi Markets Hits $1 Billion Milestone

7.2.2020
$1 billion in value is now locked in the DeFi markets, as Ether continues to see bullish price momentum

Major DeFi Milestone: Total Value Locked Hit USD 1 Billion

7.2.2020
We have been reporting for a while now about the massive growth the DeFi (decentralized finance) ecosystem is experiencing, and today, the Cryptoverse saw another major milestone reached - total value locked in DeFi surpassed USD 1 billion, before dropping below this threshold again. The total...