The CEO noted that the funds will be channeled towards new products and the workforce.
For the first time ever, Class A stock at Berkshire Hathaway is riding at a record high of $504,400 after climbing more than 10% this year.
Foxconn Technology stock is down approximately 16.35 percent, 5.39 percent, and 3.91 percent in the past year, YTD and three months respectively
According to an FTX representative, the construction of fiat on-ramps, the acquisition of local licenses, the localization of current offers, fiat liquidity, and customer support would be the company’s first priority in Africa.
The funds Luno Expedition will deploy to the startups it will be backing will range from $50,000 to $250,000 which will sum up to about $15 million to $75 million when the number of projected startups it hopes to back is factored in.
Stocks in China and Hong Kong hit a positive bounce after the Chinese State Council pledged its support for the broad equity market.
The new AWS Cloud Quest game is a play-and-learn program while interacting with virtual characters and solving their cloud-related tech issues.
The company said that the need for massive institutions to conform to digital tokens has skyrocketed, which has led to an increased demand for licensed custody services for compliance with the regulatory standards
The partnership between Astra Space and Spaceflight helps both companies speed up their mission to successfully deploy satellites to space.
Blockchain technology firm ConsenSys latest Series D funding round sets the stage for the platform’s projected ‘Series ETH’ initiative.
The new platform dedicated to US investors is already open to waitlist users with the full launch scheduled for the next couple of months.
DEWA is looking to sell a 6.5% stake by offering 3.25 billion shares in its IPO. However, the utilities outfit will not receive any proceeds.
The cost of special metals used in cars has soared, including aluminum that is used in the bodywork, palladium used in catalytic converters, and nickel and lithium that power electric vehicle (EV) batteries.
Gauntlet said that the demand for crypto financial tools has surged following the massive rise of decentralized finance (DeFi) for managing adequate risks.
FTX has taken a major step towards its crypto development blueprint for Dubai through the acquisition of a virtual asset license in the UAE.