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Ripple Labs closes Standard Custody acquisition deal
11.6.2024
Jack McDonald will remain CEO of Standard Custody while also serving in his new role as senior vice president of stablecoins at Ripple
FTC Is Still Trying To Block The Xbox And Activision Merger
7.12.2023
Just when we thought Microsoft’s Activision acquisition was finally set in stone two months ago, it looks like the Federal Trade Commission has made another appeal to block Master Chief and John Call of Duty’s marriage.Read more
Crypto Firms Face Turmoil as Prime Trust Fallout Causes Service Disruptions and Concerns
23.6.2023
After the Bitgo acquisition deal to purchase Prime Trust fell through, it seems that crypto firms that have worked with the custodian are experiencing problems. On Thursday, Seattle-based fintech startup Stably announced the need to “temporarily pause” certain services and operations....
Prime Trust subsidiary Banq files for bankruptcy amid BitGo acquisition deal
14.6.2023
Prime Trust payment subsidiary Banq files for bankruptcy, citing “unauthorized’ asset transfers to Fortress Group
SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea
7.6.2023
The country’s financial watchdog claimed it was very difficult to accept the acquisition requests amid accusations of securities laws violations
FTX pursues $244M clawback from 'wildly inflated' Embed acquisition deal
19.5.2023
FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a "wildly inflated" price for the company
U.S. Federal Government Greenlights Voyager's $1 Billion Binance.US Acquisition Deal
21.4.2023
The U.S. federal government has approved the bid by Binance’s American branch to buy up the remaining assets of the bankrupt crypto lender Voyager Digital.
In a Twitter thread earlier this week, Voyager’s Official Committee of Unsecured Creditors said a resolution has been reached with...
News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform
17.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform
World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal
25.8.2022
The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed...
Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing
16.8.2022
Galaxy Digital Holdings and the company’s CEO and founder Mike Novogratz announced the company has “exercised its right to terminate” a previously announced acquisition of Bitgo. According to Galaxy the termination of the deal was due to Bitgo’s “failure...
Bolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’
8.4.2022
On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.” Payments...
Deutsche Börse Group Acquires Major Stake in Swiss Firm Crypto Finance AG
29.6.2021
On Tuesday, Deutsche Börse Group, marketplace manager for the trading of shares and other securities, explained the company has acquired a major stake in Crypto Finance AG. The move adds to Deutsche Börse’s extension into the cryptocurrency industry in order to provide custody...
Unconfirmed: Bithumb Acquisition Deal Might Be ‘Off’
30.9.2019
An acquisition deal for South Korean crypto exchange Bithumb is widely expected to fall through, local media reports
Bithumb Acquisition Deal ‘Off’ as Chinese, American Investors Close in
30.9.2019
South Korean cryptocurrency exchange Bithumb is likely to end up “in Chinese or American hands” with the company that had agreed to buy the exchange expected to default on payment.
As previously reported, South Korean-owned, Singapore-based BK Consortium last October agreed to pay some USD...