Palo Alto California insurance startup for digital businesses Next Insurance raises about $250 Million in Series C funding from a single investor MunichRe. The startup is now valued at around $1 Billion.
McAfee is going to launch his exchange. According to the website, McAfeeDEX will not collect any customer information, no jurisdictions will be blocked, and there will be no limits.
While the plaintiffs claim that it would be “premature” to calculate damage inflicted by Tether and Bitfinex, they have estimated that the defendant’s liability likely surpasses a whopping $1.4 trillion.
It is expected that 2020 will finally be the year when Ethereum and Cardano might switch to PoS (Proof of Stake) algorithm. However, that is only a starting point.
Investors can bet on Libra’s launch on the CoinFLEX platform. The firm offers derivatives that let traders buy into futures to be delivered in Libra tokens.
Tier Mobility raised US$60m in Series B funding round led by Mubadala Capital and Goodwater Capital, with participation from AXA Germany, Evli Growth Partners, White Star Capital, Point9 and Nico Rosberg.
India’s largest budget lodging startup Oyo Hotels and Homes said today it plans to raise about $1.5 billion as part of a new financing round as the startup looks to expand its footprints in the U.S. and Europe.
HSBC job slashing will address those whose positions are high-paid. An official announcement from HSBC will be probably made later this month when the company is to report on its third-quarter results.
A top analyst has claimed that Apple has plans to release a cheaper phone by early next year. The new release will also be smaller than, but just as powerful as the new iPhone 11.
As LiquidApps has revealed, the DAPP Network has just experienced a new upgrade which is said to bring a wide range of new features and fixes.
Bitcoin price goes below $8,000 for the first time in months. Major altcoins, however, still seem to be unaffected by BTC price fall, as they show mixed reactions.
AB InBev plans to enter the Chinese market as well as other Asian countries. The company would, however, have to develop a strong enough market entry strategy, to stand a chance against local companies.
With the Chinese officials showing an unwillingness to back down and agree to the U.S. demands, Dow Futures, as well as the global stock markets, is already reacting before this week’s trade talks.
Germany’s Finance Minister is in favor of electronic currency for the Eurozone and maybe a euro-cryptocurrency but is against privately issued cryptocurrencies such as Facebook’s Libra.
Citing the possibility of engaging in yet another legal lawsuit, Tether and Bitfinex launch a pre-emptive strike on an unknown study claiming complete innocence in the matter.