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Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million
18.6.2024
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month. Publicly Listed Miner Cleanspark Obtains 5...
Ripple Completes Acquisition of Standard Custody & Trust Company
12.6.2024
Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by the New York Department of Financial Services. It broadens Ripple’s portfolio...
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
The acquisition of CTG by Uniswap Labs will scale up onchain experiences
11.6.2024
CTG (Crypto: The Game) is well known as an interactive and onchain internet game among gaming enthusiasts. The creative team at the CTG will become a part of the Uniswap Labs, and they will continue their mission by working on the much-awaited Season 3. The creative team at CTG is passionate about...
UNI token scales new heights after the CTG acquisition of Uniswap
11.6.2024
Uniswap’s CTG acquisition paved the way for a notable increase in the UNI token’s price within a very short period. Merging CTG’s captivating on-chain experiences with the solutions of Uniswap is the byproduct of the new acquisition. Uniswap and CTG are working to improve CTG’s coming season...
Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover
10.6.2024
Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing rights to shareholders to prevent unwanted takeovers. Riot Platforms Inc., which owns 11.62%...
Robinhood’s Acquisition of Bitstamp Expands Its Global Reach: Architect Partners
10.6.2024
Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said
Robinhood announces an official acquisition of Bitstamp
7.6.2024
Robinhood recently announced an official acquisition of Bitstamp. The development will allow Robinhood to bring Bitstamp’s acclaimed exchange to its user base. With the acquisition, Robinhood has expanded its reach outside the US. The platform will leverage Bitstamp’s ventures to deliver...
Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer
6.6.2024
Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer restrictions, with a vesting period extending up...
Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
4.6.2024
The acquisition means that Polygon has invested over $1 billion in zero-knowledge technology and firms, the team shared in a press release. Sources close to the deal told CoinDesk that the acquisition is near $30-50 million
Bitfarms Rejected $950 Million Riot Platforms’ Acquisition Proposal, Citing Undervaluation
29.5.2024
Bitfarms, a global Bitcoin mining company, has confirmed receiving and rejecting an acquisition proposal from Riot Platforms on April 22, 2024.
The post Bitfarms Rejected $950 Million Riot Platforms’ Acquisition Proposal, Citing Undervaluation appeared first on Cryptonews
Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’
29.5.2024
Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite the initial rejection from Bitfarms’ Board, the proposal will be directly...
Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute
28.5.2024
The hostile offer comes after a private offer to the board was rejected in April
Report: Next Call Of Duty Will Be On Game Pass
17.5.2024
The next Call of Duty, believed to be a Black Ops sequel set during the Gulf War, will be the first new entry in the popular online shooter to be on Xbox Game Pass. That’s according to a report by The Wall Street Journal, which said the announcement will be made at Microsoft’s big annual Xbox...
Activision Finally Opens A Studio To Make Something Other Than Call Of Duty
16.5.2024
Xbox-owned Activision has revealed a brand new AAA studio in Poland that will develop something other than Call of Duty, which most of Activision currently works on. This should be good news! The industry needs more studios after thousands of layoffs. However, last week, Activision’s parent...
Solana DePIN Ambient gears up with new funding and acquisition
8.5.2024
Solana DePIN Ambient, a pioneering decentralized ambient intelligence platform, has successfully raised funds in a pre-token launch fundraising round. This significant milestone comes as the platform prepares for its official token launch and underscores investor confidence in Solana DePIN...
US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards
2.5.2024
The bill aims to clarify the tax treatment of staking rewards, proposing that they should only be taxed at the time of their sale rather than upon acquisition.
The post US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards appeared first on Cryptonews
Proposed US bill wouldn’t allow taxing block rewards at acquisition
1.5.2024
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired
Protocol Village: Safe, for 'Smart Accounts,' Completes Acquisition of Crypto Business Wallet Multis
18.4.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews