Tag Archives: Business News

CoinspeakerVanguard CEO Tim Buckley to Retire by End of 2024 With Buckley stepping down, it remains to be seen if his successor will continue in his footsteps or open the doors for innovation. Vanguard CEO Tim Buckley to Retire by End of 2024

CoinspeakerPixelmon Completes $8M Seed Round to Boost Web 3.0 Game Goals Pixelmon appears to be well on its path to recovery given the support it has received from other credible Web3.0 projects that participated in the latest seed round. Pixelmon Completes $8M Seed Round to Boost Web 3.0 Game Goals

CoinspeakerUncorrelated Ventures Secures $315M Funding to Fuel Innovation Uncorrelated Ventures will dedicate 80% of the fund to early-stage startups in traditional infrastructure software. Uncorrelated Ventures Secures $315M Funding to Fuel Innovation

CoinspeakerDecentralized Bitcoin Exchange Portal Secures $34M in Seed Funding Portal aims to use the fresh funding to debut its products on the mainnet and foster the expansion of its ecosystem. The Bitcoin-based DEX distinguishes itself by not holding user funds in any capacity, whether through single or multiple signatures. Decentralized Bitcoin Exchange Portal Secures $34M in Seed Funding

CoinspeakerWeb3 Social Game Forgotten Playland Completes $7M in Seed Round With several products in the pipeline, the Forgotten Playland team is confident the ecosystem will grow exponentially in the coming years. Web3 Social Game Forgotten Playland Completes $7M in Seed Round

CoinspeakerInvestors Encourage Reddit to Aspire for $5B Valuation in Upcoming IPO As part of the planned IPO Reddit intends to sell approximately 10% of its shares. And it is a decision that will significantly influence the final IPO valuation. Investors Encourage Reddit to Aspire for $5B Valuation in Upcoming IPO

Figures reported by BlackRock for Q4 2023 beat the expectations of analysts as the company also purchased Global Infrastructure Partners. Giant asset manager BlackRock Inc (NYSE: BLK) has announced earnings for Q4 2023, with figures beating Wall Street expectations. According to reports, BlackRock had profit of $0.15, and $9.66 per share for earnings adjusted for restructuring and amortization costs. Also, the total revenue for BlackRock Inc’s Q4 2023 was $4.63 billion, which met...

The Tokyo-based Monex Group intends to further strengthen its digital asset offerings to institutional investors through the 3iQ acquisition. Monex Group Inc, a holding financial company based in Japan with operations around the world, will acquire Canada-based crypto asset manager 3iQ Digital Holdings Inc for an undisclosed amount. According to the announcement, 3iQ will collaborate with Coincheck Inc, a Japanese cryptocurrency exchange with different products in the market that was...

Ark Invest purchased $92 million worth of ProShares Bitcoin Strategy ETF (BITO) and 4,320,928 units of the US Bitcoin futures-linked ETF. Cathie Wood’s asset management firm Ark Invest has actively engaged in portfolio rebalancing this year amid a surge in stock prices of crypto firms. In the latest development on Wednesday, December 27, Ark Invest divested its Coinbase holdings and all of its GBTC holdings. In a recent trade filing, the company led by Cathie Wood revealed the sale of...

Revolut anticipates that its revenue for 2023 will continue its growth trajectory. British online banking company Revolut has finally published its delayed 2022 annual financial earnings report on Friday, December 22. The company reported a significant 45% increase in revenue for the year, reaching £922.5 million worth appropriately $1.2 billion. The pre-tax loss, in turn, dropped to £25.4 million ($32.2 million), a notable shift from the restated profit of £39.8 million in 2021....