JPMorgan Chase & Co.’s digital token, JPM Coin, is likely to manage up to $10 billion in daily transactions within the next one to two
Tag: Billion
FTX Sues ByBit to Recover Nearly $1 Billion Worth of Funds
Bankruptcy advisers at crypto exchange FTX have sued Bybit Fintech Ltd. in order to recover digital assets and cash worth a staggering $953 million. The
Nike-RTFKT NFT Universe Soars to $1.4 Billion in Trading
The collaboration between Nike and digital art studio RTFKT has ushered in a new chapter in NFT trading, with their collections nearing a $1.4 billion
Binance’s Terra Luna Classic (LUNC) Burn Reaches 40 Billion
The world’s largest crypto exchange Binance burns 760 million Terra Luna Classic (LUNC) tokens in the 15th batch of the LUNC burn. The total LUNC burned
Sam Bankman-Fried Defends $8 Billion spending as ‘Risk Management’
Sam Bankman-Fried (SBF), the founder of the former cryptocurrency exchange FTX, recently defended his actions during a court testimony. He argued that spending $8 billion
Spot Bitcoin ETFs Can See $14 Billion Inflows in First Year
The excitement around the spot Bitcoin ETF has been catching up quickly with market players making predictions regarding its arrival. Galaxy Research has recently published
OpenAI’s $86 Billion Valuation Sparks Share Sale Discussions
OpenAI, the esteemed tech firm behind ChatGPT, has recently been valued at $86 billion. This places the AI powerhouse ahead of notable enterprises like Stripe
NY Attorney General Sues Gemini, Genesis, and DCG for $1 Billion Investor Fraud
New York Attorney General Letitia James has taken legal action against three cryptocurrency companies, accusing them of defrauding more than 230,000 investors and swindling over
Binance’s $1 Billion Crypto Industry Recovery Initiative Has Failed
Binance CEO Changpeng “CZ” Zhao’s ambitious plan to save the crypto market following the collapse of crypto firms after the Terra-LUNA crisis and the FTX
Terra Luna Classic Community Burns 76 Billion LUNC Tokens
The total LUNC burned by the Terra Luna Classic community reaches 76 billion, hitting another milestone in the community’s efforts to reduce the circulating supply of