Warren Buffett’s Berkshire Hathaway announced Thursday it reached a deal to buy Occidental Petroleum’s petrochemical unit, OxyChem, for $9.7 billion in cash. The deal marks Berkshire’s largest since 2022, when it paid $11.6 billion for […]
SEC eyes plan to allow blockchain-based stock trading on approved crypto platforms. Nasdaq, Coinbase, and others push for tokenized equities as adoption accelerates. Tokenized stock market could hit $1.3T if 1% of global equities move […]
Global payments firm Stripe is deepening its crypto offerings with a tool it says will allow any business to launch and manage their own stablecoin “with just a few lines of code.” The tool, called […]
Kraken, one of the largest cryptocurrency exchanges globally, has raised $500 million in a strategic funding round as it prepares for a potential initial public offering (IPO) in early 2026. The move aims to bolster […]
Key Takeaways Kraken is reportedly in talks with a strategic investor for a deal valuing the company at $20 billion. This would mark a sizable increase from its last $15 billion valuation after a $500 […]
Laila Lockhart Kraner stars as Gabby in Universal and Dreamworks Animations’ “Gabby’s Dollhouse: The Movie.” Universal | Dreamworks Animation A young girl named Gabby, alongside her menagerie of animated cat friends, is making the leap […]
Establishing a national Bitcoin (BTC) strategic reserve may create negative market impacts for BTC and the US dollar, according to Haider Rafique, global managing partner for government and investor relations at crypto exchange OKX. Rafique […]
At least two high-profile investment companies are reportedly vying to back stablecoin issuer Tether as it looks to sell roughly 3% of its equity — a move that underscores pent-up investor demand for one of […]
Boeing 737 Max planes sit at the airport in Renton, Washington. Leslie Josephs | CNBC Boeing can sign off on some of its 737 Max and 787 Dreamliner planes before they’re handed over to customers, […]
Sony Bank has established BlockBloom Inc., a wholly owned subsidiary that will develop Web3 services, including digital assets, NFTs, and blockchain infrastructure. Announced on Thursday, the move follows plans disclosed in July. The subsidiary will […]
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