Binance Labs spins off as independent US$10 bln VC fund
Binance Labs has announced its independence as a venture capital fund, now overseeing a portfolio valued at over US$10 billion....
bln
Coinbase launches US$1 bln bond offering
Coinbase Global, Inc. has announced a private offering of US$1 billion in unsecured convertible senior notes due in 2030, aimed...
Tether’s USDT becomes the first stablecoin to US$100 bln
Tether’s USDT stablecoin has reached a significant milestone, with its market capitalization briefly surpassing US$100 billion on March 4. The...
Gemini to reimburse US$1.1 bln to Earn customers after settlement
Gemini, a New York-based cryptocurrency exchange, has reached a settlement agreement to return US$1.1 billion in digital assets to users...
Genesis gets court approval to sell $1.6 bln in crypto trust shares | Reuters
Bankrupt crypto lender Genesis Global on Wednesday received permission from a U.S. court to sell about $1.6 billion in Grayscale...
Genesis proposes US$1.6 bln asset sale amid bankruptcy
Genesis Global Trading, the cryptocurrency lending unit of the Digital Currency Group, has filed a motion requesting the authorization of...
Celsius Network’s US$3 bln repayment begins
Celsius Network announced that it has commenced the repayment of US$3 billion in cryptocurrencies and fiat to its creditors, marking...
USDT issuer Tether pockets US$2.85 bln in profits in Q4 2023
Tether, the issuer of the world’s largest stablecoin USDT, has reported US$2.85 billion in profits in the last quarter of...
Crypto hackers stole around $1.7 bln in 2023 – report – Reuters
Cyber attacks have been a persistent challenge for the crypto industry ... crypto. Though stolen funds more than halved, the...
Bitcoin spot ETFs break US$10 bln trading barrier
Bitcoin spot exchange-traded funds (ETFs) have collectively surpassed US$10 billion in trading volume within four days of their launch. The...