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Republic Invests $5.25 Million into INX at a Valuation of $50 Million
Republic acquires a stake in INX with a $5.25M investment, setting INX's pre-investment valuation at $50M.
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From $5,000 to $120,000: Standard Chartered's Controversial Bitcoin Price Predictions
According to Retuers, Standard Chartered predicts Bitcoin's price to reach $120,000 by 2024, reaching $50,000 this year and $120,000 by 2024. This upward trend aligns with the recent increase in Bitcoin's value, encouraging miners to hold onto the digital currency.
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Alameda Lent SBF $546M For Robinhood Share Buy
The notorious FTX founder Sam Bankman-Fried borrowed $546 million from Alameda Research. His shell business, Emergent Fidelity Technologies Ltd., bought 7.6% of Robinhood using the loans. Alameda borrowed from BlockFi using those shares.