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Tag: finance

Posted on 15/06/2024

Crypto social media platform Farcaster has about 50,000 daily users. So why is it valued at $1 billion?

Farcaster is not the first web3 social startup, and will by no means be the last. So why are investors bullish about this one in particular?

Posted on 15/06/2024

Total crypto users likely to reach 1 billion by 2030: BCG Report

On July 22, Boston Consulting Group (BCG), a global management consulting firm, released a report stating that crypto adoption is likely to accelerate further, with the number of crypto users reaching one billion by 2030. Both retail and institutional ...

Posted on 15/06/2024

Japan’s Sakana AI by Google alums to become unicorn in under a year

TOKYO -- Sakana AI, a startup cofounded by former Google researchers, is planning a funding round as early as this month that would value it at over $1 billion, Nikkei has learned, achieving the ...

Posted on 15/06/2024

Top US Crypto Exchange Coinbase Rolls Out Support for New Native Token of Pirate-Themed RPG Built on Ethereum

Coinbase has launched support for the newly issued native token of a pirate-themed, role-playing game built on the blockchain.

Posted on 15/06/2024

How Donald Trump became the crypto candidate in the 2024 election

Trump reportedly owning a crypto wallet that holds a broad portfolio of coins that analysts say is worth $14.7 million.

Posted on 15/06/2024

Greed, Lies and FTX: Is Crypto a Force for Good or Evil?

From our side, at The Giving Block we’re going well beyond that, starting “The Crypto is Good Project,” which will focus on compiling data, profiles and reports on the ways in which crypto is a force ...

Posted on 15/06/2024

Yen drops and Nikkei rises as BoJ delays tightening; markets mixed

The yen fell and Tokyo stocks rose Friday after the Bank of Japan deferred a plan to cut back its bond purchases as it cautiously moves away from its ultra-loose monetary policy. Stock markets had a mixed reaction to the decision,

Posted on 15/06/2024

Stock market today: US markets mixed as cooler US inflation data raise hopes for a Fed rate cut

U.S. markets were mixed in early trading Thursday, a day after the Federal Reserve opted to keep its benchmark interest rate unchanged just hours after the government said consumer inflation cooled more than expected last month.

Posted on 15/06/2024

Why Are So Many Crypto Execs Leaving?

A spate of high-profile resignations across the blockchain industry show the challenges of leading in such a chaotic industry.

Posted on 15/06/2024

Ripple CEO Brad Garlinghouse Says This Is What the Crypto Industry Needs To Focus on To Drive Mass Adoption

The CEO of Ripple Labs says that in order for the crypto industry to drive mass adoption it needs to focus on one key aspect.

Posted on 15/06/2024

Ripple CEO Brad Garlinghouse Says This Is What the Crypto Industry Needs To Focus on To Drive Mass Adoption

The CEO of Ripple Labs says that in order for the crypto industry to drive mass adoption it needs to focus on one key aspect.

Posted on 15/06/2024

Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises

Crypto technology can also support an FDIC-like system leveraging the permissionless nature of blockchain to create a system that protects not only the currently bankable (or those that have the ...

Posted on 15/06/2024

Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises

Crypto technology can also support an FDIC-like system leveraging the permissionless nature of blockchain to create a system that protects not only the currently bankable (or those that have the ...

Posted on 15/06/2024

Gemini Earn users to recover $2.18 billion in crypto payouts

Cryptocurrency exchange Gemini has agreed to pay $50 million worth of digital assets to investors in its Gemini Earn program.

Posted on 15/06/2024

Hyundai may file draft IPO papers with Sebi to raise about Rs 25,000 crore

South Korean automaker Hyundai's Indian arm is likely to file preliminary papers with Sebi shortly to raise at least USD 3 billion (around Rs 25,000 crore) through an initial public offering, sources ...

Posted on 15/06/2024

Hyundai may file draft IPO papers with Sebi to raise about Rs 25,000 crore

South Korean automaker Hyundai's Indian arm is likely to file preliminary papers with Sebi shortly to raise at least USD 3 billion (around Rs 25,000 crore) through an initial public offering, sources ...

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