MicroStrategy’s Market Cap in Race to Top Intel’s
MicroStrategy’s (MSTR) market capitalization has surpassed $100 billion and is on course to surpass semiconductor manufacturer Intel. According to a Nov. 19 analyst report shared with Cointelegraph, the stock is poised for additional gains as analysts anticipate that MicroStrategy’s BTC buying spree will accelerate even quicker than previously thought. According to data from Google Finance, […]
Elon Musk’s Net Worth Surge Over $20 Billion After Trump Win
Following Donald Trump’s victory in the presidential election, the world’s richest man has become much richer. Tesla CEO Elon Musk’s net worth skyrocketed by $20 billion after Donald Trump’s U.S. presidential election win. Forbes reported a 7.5% increase in a single day, bringing Musk’s net worth to $285.6 billion. According to Google Finance, Tesla shares […]
FTX Co-Founder Gary Wang Appeals for No Jail Time in Court
Gary Wang, one of Sam Bankman-Fried’s longtime friends and a key witness at his trial, is scheduled to be sentenced on Nov. 20. Gary Wang, co-founder of FTX and its former technology chief, has requested no prison time in a sentencing memo filed in a Manhattan district court on November 6. Wang argues his “trial testimony […]
Standard Chartered’s Crypto Custodian Zodia To Raise $50Million
Zodia, backed by several financial firms, plans to raise $50 million to reach out to more diverse investors. Zodia Custody, the institutional crypto custody platform partly owned by Standard Chartered, is set to scale its global operations through new funding. CEO Julian Sawyer revealed plans to raise $50 million to expand services and launch new […]
DePIN Glow Raises $30M from Framework Ventures, USV
The funds will be used to expand Glow’s solar grid in India, which is projected to replace the energy consumption of 34,000 households. Ethereum-based platform Glow has secured $30 million from venture capitalists to expand its decentralized solar farm initiatives. Framework Ventures and Union Square Ventures led the funding round, with participation from Lattice Ventures, Protocol […]