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SEC Sues Musk to Make Him Testify in Twitter Takeover Investigation
6.10.2023
U.S. Securities and Exchange Commission (SEC) is trying to force Elon Musk to testify in its probe into his purchase of Twitter, now X. After some back and forth, the billionaire investor bought the social media platform for $44 billion in October 2022 and the SEC’s probe is focused on Twitter...
Kraken Announces Acquisition of Coin Meester B.V. in Move Towards European Expansion
6.10.2023
Kraken, a San Francisco-based cryptocurrency exchange, has announced its intention to acquire Coin Meester B.V. (BCM) in the Netherlands.
On October 5, in a blog post, Kraken emphasized that the planned acquisition "highlights our commitment to growing our business in Europe" and underlined...
Kraken set to acquire Dutch exchange BCM, eyes European expansion
5.10.2023
Kraken is planning to acquire the Netherlands-based cryptocurrency platform as a base for future European expansion
Ripple Backs Out of Fortress Trust Acquisiton, Citing Change in Strategy
28.9.2023
In a surprising turn of events, Ripple CEO Brad Garlinghouse announced today that the financial technology firm will not proceed with its previously planned acquisition of Fortress Trust, a Nevada-licensed financial services provider.
The decision comes just 20 days after the initial announcement...
Ripple Retracts Acquisition Plans for Fortress Trust
28.9.2023
Following the letter of intent to acquire Fortress Trust, Ripple CEO Brad Garlinghouse announced the company has decided “not to move forward with an outright acquisition.” Garlinghouse didn’t cite specific reasons for dropping the deal but said Ripple planned to remain an investor...
Ripple pulls back from Fortress acquisition 20 days after announcement
28.9.2023
Ripple’s CEO Brad Garlinghouse shared the news on X, saying it will remain an investor in Fortress Trust
Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report
24.9.2023
Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platform’s plan to expand business globally....
Coinbase sought FTX Europe acquisition after bankruptcy: Report
22.9.2023
To expand its derivatives business overseas, Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022
Hold Onto Your Butts, Microsoft's Massive Activision Blizzard Deal Is Finally Happening
22.9.2023
Twenty months after it was first announced, Microsoft’s unprecedented deal to buy Call of Duty and Candy Crush publisher Activision Blizzard for $69 billion appears to have beaten its final boss. The UK’s Competition and Markets Authority revealed on Friday that it has provisionally approved...
Ripple says security incident accelerated its acquisition of Fortress Trust
13.9.2023
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8
‘I’m Bullish on Bitcoin’ — Ted Cruz Champions Bitcoin’s Boon for Texas and Power Grid Boosts
9.9.2023
Ted Cruz, the U.S. Republican senator from Texas, expressed his optimism on Friday, stating he’s “bullish on bitcoin,” after a recent interview with Forbes released on September 8. During the conversation, Cruz highlighted emerging reports indicating that bitcoin mining...
Ripple Acquires Crypto Financial Services Company Fortress Trust
8.9.2023
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...
Musk Funded Dogecoin, Mulled Blockchain Social Media, Biography Details
4.9.2023
A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a failed attempt by former crypto mogul...
France’s Data Watchdog Conducts Checks at Worldcoin Office in Paris
3.9.2023
The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai....
Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...
SBI-Owned B2C2 Eyes European Expansion With Acquisition of Rival Trading Firm Woorton
24.8.2023
London-based liquidity provider B2C2 has acquired French market making firm Woorton in a deal that will grants B2C2 access to licenses, allowing it to operate in the EU
Microsoft Selling Activision Blizzard Cloud Gaming Rights To Ubisoft In Last-Ditch Effort To Get Merger Approved
22.8.2023
Somehow, over a year later, Microsoft’s attempted $69 billion takeover of Activision Blizzard just took its weirdest turn yet. The tech giant announced today that it will sell off the streaming rights for Call of Duty, Overwatch, and more to rival publisher Ubisoft as part of one last attempt...
Microsoft Selling Activision Blizzard Cloud Gaming Rights To Ubisoft In Last-Ditch Effort To Get Merger Approved
22.8.2023
Somehow, over a year later, Microsoft’s attempted $69 billion takeover of Activision Blizzard just took its weirdest turn yet. The tech giant announced today that it will sell off the streaming rights for Call of Duty, Overwatch, and more to rival publisher Ubisoft as part of one last attempt...
Litecoin & Toncoin experience boom updates, Everlodge acquisition spikes ahead of price pump
17.8.2023
With the recent upswing in the value of many cryptocurrencies, a lot of opportunities arose in the industry. During these times, Litecoin (LTC) and Toncoin (TON) have experienced a high level of growth. However, they’re not alone, as crypto experts have given a bold prediction for Everlodge...
Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion
16.8.2023
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of capital catapults the firm’s post-valuation...