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Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi
10.10.2022
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited...
Binance CEO Zhao Taking Different Acquisition Tack Than FTX's Bankman-Fried
7.10.2022
The world's largest crypto exchange, Binance might still spend $1 billion on acquisitions this year
Dogecoin Loses Momentum From Musk Twitter Acquisition News
5.10.2022
Elon Musk's favorite cryptocurrency settled down after rising on news that the Tesla CEO's purchase of Twitter was back on the table
NYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition
4.10.2022
According to reports, Tesla’s Elon Musk now plans to purchase Twitter Inc. for the original asking price of $54.20 a share. Twitter’s shares surged following the news and climbed nearly 20% higher and trading was halted twice so far. Report Claims Tesla’s Elon Musk Will...
Elon Musk Reportedly Proposes to Proceed With Twitter Acquisition
4.10.2022
Alongside a spike in Twitter shares, Musk crypto favorite Dogecoin has moved higher
Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange
30.9.2022
A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of cryptocurrency. Meanwhile, Kazakhstan’s leadership has declared readiness to further develop crypto exchange...
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
30.9.2022
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier...
FTX US wins auction for Voyager Digital’s assets
27.9.2022
Voyager hints that its customers will eventually transition to the FTX platform after it finishes its chapter 11 bankruptcy proceedings
Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million
26.9.2022
Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following...
Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition
21.9.2022
This is the second lawsuit related to the Texas mega mine that Riot acquired last year
Web3 Firm Acquires Creator of South Africa’s First Listed PoW Crypto, Safcoin
18.9.2022
A Web3 technology company, Virtual Nation Builders, recently said it acquired FHM, the firm that created safcoin, South Africa’s touted first proof-of-work cryptocurrency to list on a global exchange. As a result of the Web3 firm’s acquisition of FHM, the cryptocurrency will...
Animoca Brands continues shopping spree with MotoGP mobile dev acquisition
16.9.2022
The company announced its acquisition of WePlay Media after it recently closed multiple multi-million dollar fund rounds with investors such as Temasek
BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages
13.9.2022
BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court
Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site
11.9.2022
Bitcoin mining operations continue to truck on through the crypto winter as a number of miners have revealed expansion plans during the last week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed it acquired a turnkey bitcoin mining facility from Mawson Infrastructure....
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
10.9.2022
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt...
Three Senior Executives Jump from BlockFi Ahead of FTX Acquisition: Sources
8.9.2022
BlockFi’s Global Head of Institutional Distribution David Olsson, Head of Private Clients Samia Bayou, and Senior Institutional Sales Director Shane O’Callaghan are leaving the company, according to people familiar with the matter
Tencent Bets $297 Million On Assassin's Creed Machine
6.9.2022
Tencent has dumped another small fortune into one of gaming’s biggest companies. Ubisoft announced on Tuesday that the Chinese conglomerate would being increasing its investment in the Assassins’ Creed maker by nearly $300 million through an elaborate set of financial maneuvers.Read more
Bnk To The Future eyes acquisition of crypto lender SALT
2.9.2022
SALT is one of the first crypto lending platforms to offer dollar-denominated loans collateralized by Bitcoin and Ether
Tencent, Sony Throw Big Money At Elden Ring Maker FromSoftware
1.9.2022
Elden Ring wasn’t just a hit with fans of FromSoftware’s notoriously difficult action-RPGs. Today Tencent Holdings and Sony announced they’ve acquired 30% of the Souls-series developer’s shares, split in favor of Tencent. FromSoftware is expected to gain $260 million from the arrangement.Read more
Singapore court rules in favor of Bithumb founder in acquisition case
31.8.2022
The decision on the civil lawsuit might affect a trial court in South Korea