Tag: billion
Industry complains about additional costs of 5.3 billion euros
BASF plant in Ludwigshafen The chemical industry is one of the largest gas consumers in Germany – the surcharge could hit them hard. (Photo: imago images/Arnulf Hettrich) Dusseldorf Industry is…
Industry complains about additional costs of 5.3 billion euros
Production at Thyssen Krupp The steel industry depends on natural gas. (Photo: dpa) Dusseldorf Industry is the largest gas consumer in Germany. Correspondingly high costs are now being faced by…
Industry complains about additional costs of 5.3 billion euros
Production at Thyssen Krupp The steel industry depends on natural gas. (Photo: dpa) Dusseldorf Industry is the largest gas consumer in Germany. Correspondingly high costs are now being faced by…
$1.2 Billion Hacked Acala Platform Makes Official Statement and Calls Hackers!
Acala, which was the target of hackers due to a flaw on its platform earlier yesterday and a $ 1.2 billion USD stablecoin was printed on its platform, made an…
What Happened to Polkadot Parachain on Acala Network: $1.2 Billion Loss
Acala Network, one of Polkadot’s (DOT) DeFi (Decentralized Finance) ecosystem, was the victim of a $1.2 billion hack due to a bug in its liquidity pool. The cryptocurrency ecosystem struggled…
$2 Billion Flows to Shiba Inu (SHIB): What Does the Big Rise in Price Mean?
Interest in the meme cryptocurrency Shiba Inu (SHIB) seems to be growing after experiencing a significant price correction in 2022. SHIB surpassed well-established coins Polygon and Avalanche in market cap.…
Hackers Are At It Again: They Infiltrated This DeFi Platform And Pressed $1.2 Billion!
It’s a hack by hackers who have managed to bypass the security of many other protocols in the last few months. DeFi The protocol has been hacked more. This time…
Saudi Aramco reports quarterly profit of 47 billion euros
Saudi Aramco gas plant in Hawiyah The oil and gas company Saudi Aramco increased its net profit by 90 percent. (Photo: AP) Dubai Rising energy prices around the world are…
Cryptocurrency Step From The British Company That Manages $619 Billion!
Abrdn, an investment firm with more than $619 billion in assets under management, cryptocurrency and digital asset exchange Archax has become its largest external shareholder. Archax Is The UK’s Only…
Netherlands Arrests One Person In Tornado Cash Investigation! “$1 Billion Laundered”
Offering the service of mixing cryptocurrencies on August 8 Tornado Cash USA government by OFAC added to the sanctions list. This mixing service made money laundering easier as it prevented…
South Korean Authorities Make First Arrests in “Billion Dollars of Cryptocurrency Fraud”!
According to a local media outlet, South Korean prosecutors are investigating “abnormal” foreign exchange transactions and cryptocurrency made the first arrests in a major investigation involving his investments. Some Banks…
Huobi Founder In Talks To Sell Majority Share For $3 Billion
Leon Li, founder of global cryptocurrency exchange Huobi, is in talks to sell his majority stake in the company for $3 billion. Bloomberg’s August 12 According to the news dated…
Rivian loss triples to nearly $1.7 billion
Rivian Amazon delivery vehicles. new York Rivian continues to struggle with supply chain difficulties, high costs and fluctuating demand. The US electric car manufacturer from Irvine, California, announced on Thursday…
New Terra Case? Billion Dollar Stablecoin “De-Peg” Explained!
MakerDAO’s co-founder Rune Christensen, DAI owned by stablecoin USD Coin (USDC) He stated that by resetting all his positions, he could exit the USD peg. According to Daistats, the DAI…
Billion write-off causes high loss in the quarter
Munich The Siemens group posted high losses in the past quarter due to a billion-dollar write-down on its stake in Siemens Energy and other burdens from the withdrawal from Russia.…
Insurer Zurich wants to buy back shares for 1.8 billion Swiss francs
Zurich logo on a building in Cologne The group benefits from the strong dollar. (Photo: imago/Horst Galuschka) Zurich The Zurich Insurance Group wants to distribute money to its shareholders after…
Billion write-off causes high loss in the quarter
Munich The Siemens group posted high losses in the past quarter due to a billion-dollar write-down on its stake in Siemens Energy and other burdens from the withdrawal from Russia.…
Elon Musk Announces Selling $6.88 Billion Shares of Tesla: Explains Why!
Tesla CEO Elon Musk has sold 7.92 million Tesla shares worth approximately $6.88 billion, according to a series of financial documents released Wednesday morning. According to SEC filings, Musk’s transactions…
Elon Musk Sells $7 Billion Tesla Shares
Tesla announced that Elon Musk has sold $ 6.9 billion worth of Tesla shares. This statement aroused curiosity at the first stage. Because Elon Musk recently said that he does…
Curve Finance (CRV) With $5 Billion Locked Assets Hacked: CRV Falls
Decentralized Finance (DeFi) platform Curve Finance (CRV) has reported that their website has been hacked and users should not use the site until further notice. One of the most voluminous…