Ransomware payments hit record $1.1B: report
Ransomware payments soared in 2023, reaching a record $1.1 billion extorted from targets of the scheme, according to research by Chainalysis. report It was released on Wednesday. The New York-based company’s report details how ransomware attackers are targeting companies like British Airways and their infrastructure, which has led to soaring ransoms. . The report said […]
Netflix co-founder Reed Hastings gifts $1.1B in shares to charity
Netflix co-founder and chairman Reed Hastings has donated 2 million shares worth $1.1 billion to a California charity. Last week, Mr. Hastings gave away his Netflix stock, which he owned through the Hastings Quillin Family Trust, as a gift, according to a filing with the Securities and Exchange Commission. Netflix confirmed to FOX Business that […]
Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF – Cointelegraph
Grayscale's Spot Bitcoin (BTC) Exchange Traded Fund (ETF)'s discount rate narrowed to its lowest level in nearly three years, causing investors to rush out of the fund over the past three days. The transaction took an estimated $1.1 billion out of the fund. There was an estimated outflow of $594 million on the third day […]
Uber to shut down booze app Drizly after buying it for $1.1B
Uber is shutting down alcohol delivery app Drizly, just three years after acquiring it for $1.1 billion. The service has grown rapidly during the pandemic, with San Francisco-based Uber inking a multibillion-dollar deal with DryZly in 2021, agreeing to operate it as a standalone app and within the Uber Eats interface. As of now, it […]