Cryptocurrency Analysis and News Portal
Ahead of its $35 billion IPO in Hong Kong and China, Ant Group has launched a cross-border blockchain platform for trading.Ant Group has launched a cross-border trading blockchain as it prepares for a dual initial public offering (IPO). The new blockchain will facilitate trading across countries.On Friday, Ant launched “Trusple,”
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Klarna, the Swedish payment firm, has reportedly recorded a massive growth in the U.S. as the country continues to battle the emergence of the COVID-19.Klarna has become the biggest Fintech Unicorn in Europe after amassing over $650 million in an online equity funding round. This has taken the company’s valuation
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Nvidia makes a strategic move to expand its footprint in the semiconductor market with its $40 billion deal of acquiring British semiconductor giant Arm Holdings. This merger will see NVIDIA’s AI computing capabilities combine with Arm’s CPU’s to create chips for next-generation technologies like IoT, robotics, self-driving cars, etc.America’s chipmaking
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LVMH and Tiffany signed a merger agreement in November 2019. However, it has become known that this deal will not have a bright future.Paris-based Loui Vuitton owner LVMH Moet Hennessy Louis Vuitton SE (EPA: MC) has revealed it will be backing out from its proposed deal with United States jewelry
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Despite the massive losses on Thursday, the Bloomberg Billionaires Index showed that in 2020, the 500 richest people have collectively gained $830 billion in wealth.On Thursday, the world’s top ten tech billionaires lost $44 billion as U.S. equities tumbled. Among the billionaires, Amazon (NASDAQ: AMZN) founder Jeff Bezos tops the
Read MoreHashgraph has partnered with the Chopra Foundation to develop a mental health platform that they hope will scale to 1 billion users within five years. The platform's initial focus will be on suicide prevention, though they hope to eventually turn it into a broader mental wellbeing network. According to the
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Decentralized finance reached a new milestone over the weekend as the Total Value Locked (TVL) in DeFi broke
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TikTok has decided to support the next generation of content creators on its platform with a $2 billion TikTok Fund.Chinese video-sharing and social networking platform TikTok has announced the launch of its Creator Fund that is meant to motivate its content creators. According to a blog posted on its official
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With an increase of 43% in 2020, Tencent has added $197.74 billion to its market value on Tuesday, pushing its market cap higher than that of Facebook.Tencent Holdings Ltd (HKG: 0700) has become more valuable than Facebook Inc (NASDAQ: FB), shooting past the American social media giant. After a huge
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For the first time in the history of Ethereum, its futures contract has generated unprecedented interest as it has eclipsed $1 billion. This indicates that the biggest altcoin of the coin market enjoys greater adoption, sending signals that speculators are backing Ethereum for the future. According to Skews, the market Analytics
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