Search
North Korea Denies It Stole $2 Billion From Crypto Exchanges and Banks
1.9.2019
North Korea denies the theft of $2 billion from banks and crypto exchanges, says that the U.S. and other hostile forces are spreading rumors
Billionaire Investor Eyes $1 Billion Crypto Hedge Fund
31.8.2019
Billionaire head of Brevan Howard hedge fund, Alan Howard, is launching a crypto portfolio platform that aims to make stable investments in a notoriously volatile market
Elwood Asset Management Plans to Attract Investors with Cryptocurrency Management Venture worth $1 Billion
30.8.2019
Presently, an asset management firm that deals with the crypto resources of Alan Howard, billionaire trader, is working on a cryptocurrency hedge fund platform that might reach 1 billion dollars in assets, as reported by the Financial Times. The platform built by London-based Elwood Asset...
Vendors of Microsoft Products Bags Massive $7.6 Billion Contract from the US Government
30.8.2019
Over the years, tech companies and vendors have become some of the most powerful entities in the world due to the very nature of the services that they can provide. The sort of products that some of the biggest tech companies in the world have come up with are now not only used in households...
Bitcoin Miners Made $14 Billion to Date Securing the Network
30.8.2019
Fresh data reveals that Bitcoin miners have generated $14 billion in revenue to date
Billionaire Alan Howard Eyes $1 Billion Crypto Fund Management Venture
30.8.2019
The asset manager owned by U.K. billionaire Alan Howard plans to launch a new product to help institutional investors navigate the crypto hedge fund space
R3 Partners With Dubai Firm to Tap $120 Billion Sukuk Market
28.8.2019
Wethaq will use R3 Corda to streamline the issuance and distribution of the Islamic financial certificates
Global Blockchain Revenues to Hit $10 Billion by 2023: Market Research
28.8.2019
Global revenues for blockchain technology are expected to hit $10 billion by 2023, per a recent report
Altria and Philip Morris Locked in Talks to Create Mega $200 Billion Tobacco Company
28.8.2019
The tobacco industry is replete with instances of large companies merging to form larger corporations, but there are very few instances in which companies that had been formed after a split come together again. 11 years ago, Philip Morris International had split from Altria due to the slowdown...
Craig Wright: Kleiman Estate Will Now Dump $2 Billion in Bitcoin
27.8.2019
Craig Wright claims that his $5B in Bitcoin, which he was ordered to forfeit, will be dumped by the Kleiman estate to pay for taxes
Realized Bitcoin Market Cap Reaches a Record Hundred Billion Dollars For the 1st Time
26.8.2019
Bitcoin supporters have a reason to rejoice as the numero uno cryptocurrency has reached a new benchmark this week, according to the latest data released by Coin Metrics on 25th August 2019. As per the data, the realized market capitalization of Bitcoin has passed a hundred billion dollars...
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
Over-Reliance on China Stings Apple as $44 Billion is Wiped Off Its Valuation
26.8.2019
Over the past decade and a half, Apple has grown into one of the world’s biggest tech companies. Much of that success is down to the fact that the company has managed to produce some of the most iconic and technically advanced products like the iPod, the iPhone, and the iPad among others. Those...
Bitcoin Realized Market Cap Hits $100 Billion for the First Time
26.8.2019
Bitcoin firmly in spotlight as network posts new record
Apple Commits $6 Billion Towards Content As it Eyes Amazon and Netflix
22.8.2019
Over the past couple of years, it has become abundantly clear that entertainment is firmly going the way of on-demand services and video streaming is all set to become the preferred medium for more consumers in the year come. In the early years of online streaming, Netflix became the undisputed...
Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone
21.8.2019
Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...
PwC Says Diaspora Remittances to Nigeria Could Hit $34.89 Billion
21.8.2019
As everyone knows, there are many nations which have a huge diaspora spread across the world and most of the people who live abroad send money back to their native country. One such country is Nigeria. Hundreds of thousands of professionals from the African nation now work in different countries...
Alibaba’s Massive $15 Billion Listing in Hong Kong Postponed
21.8.2019
It is a well-known fact that some of the biggest companies in China almost always have their initial public offerings in the United States and that was the case with Alibaba when it had its mega IPO in New York around half a decade ago. The biggest e-commerce company in China has grown at...
Employees Can Also Own Stakes in Vision Fund 2 as SoftBank Decides to Lend Them $20 Billion For The Purpose
19.8.2019
As everyone knows, SoftBank is possibly the most influential entity in the world when it comes to investing large sums of money on promising startups all over the world. The company has invested billions in some of the most valuable in the world and it did so through its $100 billion investment...
Alibaba Co-Founder Joe Tsai All Set to Splash $3.3 Billion to Buy the Brooklyn Nets and Barclays Center
17.8.2019
Over the course of the past two decades, ownership of sports teams has become one of the most important trends among the billionaires of the world, and it is all set to continue. Billionaires and the ultra-rich have bought sports team in the United States and soccer clubs in Europe quite frequently...