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Six notable numbers…

Snacks / Monday, March 28, 2022
  • $4.5B: Value of bitcoin alleged to have been stolen by a “financial rapper” and her husband in the biggest cryptocurrency theft (Netflix’s next scammer show?). Cybercrime is on the rise, and US crypto regulation is in the works.
  • $250B: How much Meta lost in one day after reporting its first dip in daily active users. Facebook’s profit-puppy ad biz also took a hit from Apple’s privacy changes, while TikTok’s swiping up users.
  • 1.4M: The highest recorded number of new US Covid cases in a single day (January 10). National cases have fallen and all statewide mask mandates have been lifted. But reported cases are still rising in about 10 states.
  • $3.2B: The value of Kim Kardashian's Skims shapewear line, which doubled over the past year and was boosted by a major cash injection. Celeb-preneur brands like Rihanna’s Savage X Fenty lingerie and makeup biz have thrived.
  • 18%: The percentage of China’s 1.4B population using digi-yuan wallets. China is among 87 countries creating state-controlled digital currencies, though it currently bans unregulated coins like bitcoin.
  • $65M: How much Ukraine has raised in crypto donations so far. It was one of many unconventional ways, along with no-show Airbnbs and Etsy donations, that people supported global efforts.

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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.