
Stripe Valued at $50 Billion after $6.5 Billion Raise
Stripe has retained its entity as a privately owned enterprise over the past ten years, despite persistent speculations about an IPO.
Stripe has retained its entity as a privately owned enterprise over the past ten years, despite persistent speculations about an IPO.
When the financial woes of FTX also lead to the exchange’s bankruptcy, the deal could not proceed, pitching Binance.US as the next major favorite to bail out the company.
Baidu recently saw its shares take a massive hit following a pre-recorded unveiling demo of ChatGPT rival Ernie bot.
FTX made the transfers to SBF and others via the former CEO’s trading firm Alameda Research.
Ethereum recently concluded its final dress rehearsal, dubbed Shapella, on the Goerli testnet en route to its mainnet upgrade.
Cathie Wood praised crypto assets for proving to be safe havens as crisis unfolded in the US banking system last week.
As of the end of Q3, Virgin Orbit has $71.2 million in cash and $30.9 million in revenue.
The trio of the Federal Reserve, the Treasury Department, and the Federal Deposit Insurance Corporation (FDIC) have been pledging support to depositors.
Some analysts recently weighed in on Bitcoin price prediction as the prominent token appears set to embark on another rally.
Circle CEO Jeremy Allaire to save crypto following the collapse of some major mainstream banks, including Silicon Valley Bank.
With the emergence of the FedNow payment system, the need for a digital dollar is now being pushed back to the sidelines by the Fed leaders.
The Credit Suisse stock jumped by over 40% in Thursday’s opening trade as the %54 billion credit line extended by the Swiss National Bank comes as a major relief.
Adobe reported revenue of $4.66 billion, up 9 percent YoY, against an estimated $4.62 billion by Wall Street.
By issuing a CBDC, the UAE hoped to address its cross-border payment challenges and ‘drive innovation for domestic payments’.
Fidelity Digital Assets expanded its crypto service to the public amid the collapse of Silvergate and Signature Bank.