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Nalezeno "$20 Billion": 2933

Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre


California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt...

Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability


Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will...

More Defendants Named in $258 Billion Dogecoin Lawsuit against Elon Musk


The class action suit filed accusing tech billionaire and CEO of Tesla, Elon Musk, of running a pyramid scheme to promote Dogecoin (DOGE) has been amended this week to include more defendants and plaintiffs. ... Read More: More Defendants Named in $258 Billion Dogecoin Lawsuit against Elon Musk

Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower


Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said the allegations, known to the social media giant but undisclosed to Musk...

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