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Nigerian Crypto Payment Gateway Fluidcoins Acquired by Seychelles-Based Crypto Exchange
18.2.2023
The Nigerian crypto payment gateway Fluidcoins was recently bought for an undisclosed sum by Blockfinex, in a deal which the former’s CEO Lanre Adenowo described as an “acquihire deal.” Blockfinex reportedly said it will leverage the acquisition to launch its own platform known...
Report: Former FTX Director of Engineering Nishad Singh Negotiating Plea Deal with Prosecutors
18.2.2023
Another member of Sam Bankman-Fried’s inner circle allegedly plans to plead guilty to criminal charges for his role in the alleged fraud that occurred at the cryptocurrency exchange FTX. According to unnamed sources familiar with the matter, Nishad Singh, FTX’s former director...
Former FTX exec will plead guilty to federal charges with a deal: Report
17.2.2023
Nishad Singh, the bankrupt exchange’s former director of engineering, went to a proffer session with prosecutors last month and is reportedly nearing a plea deal
Napster Expands Into Web3 Music Space With Acquisition of Mint Songs
15.2.2023
On Wednesday, Napster, the music streaming service originally launched in 1999, announced that the company has finalized a deal to acquire the Web3 music startup Mint Songs. Napster’s CEO, Jon Vlassopulos, insists that “we are in an unprecedented era of innovation in the digital music...
Xbox Confirms That Game Pass Leads To ‘Decline’ In Sales
13.2.2023
As Microsoft continues its year-long journey to consume Activision Blizzard King, we keep learning more and more about the inner workings of the various corporations involved. And today, via the UK Competition and Markets Authority’s provisional report on the deal, we learned that when games...
Report: EA Paying $588 Million For The Rights To The English Premier League
13.2.2023
Programming and gameplay be damned, sports games live and die on their licensing. It’s why Madden was able to crush NFL2K, and it’s why EA’s FIFA (now known as EA Sports FC) has been able to grind Konami’s PES into the dust. Not because they’re better games, but because they paid to be the only...
Ether Liquid Staking Platforms Will Benefit as SEC Actions Likely Fail to Deal DeFi's Knockout Blow
10.2.2023
Lido and Rocket Pool didn’t immediately see a massive rush in of capital after Kraken announced it had settled with the SEC
Moonpay and Looksrare Partner to Bring Convenient NFT Purchasing to the Masses
10.2.2023
On Thursday, the fiat-to-crypto onramp business Moonpay announced a multi-year partnership with the non-fungible token (NFT) marketplace Looksrare. According to the deal, Looksrare will allow marketplace users to buy and sell crypto assets through Moonpay’s services. Moonpay and Looksrare...
Publisher says it's trying to scrub all traces of 'Mashinsky Method' book
10.2.2023
A slated financial literacy book by Alex Mashinsky has already been canceled but the book's publisher is still trying to wipe all traces of it from the internet
Digital Gold Traded for Digital Rubles by Russia’s Rosbank
9.2.2023
Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking...
Nintendo Switch Deal Will Let You Grab $70 Zelda For A Lot Cheaper
9.2.2023
I had wondered if the Nintendo Switch Game Vouchers would apply to The Legend of Zelda: Tears of the Kingdom when they were rolled out of retirement last week. It turns out they do, and with it being Nintendo’s first $70 game, the timing couldn’t be better. Read more
First Mover Asia: Bitcoin Flirts With $23.4K as Jerome Powell Repeats Comment About Waning Inflation; Market Weighs DCG-Genesis Deal With Creditors
8.2.2023
ALSO: Stakeholders in the venture capital industry explain why embattled crypto trading firm Alameda Research will not be missed. Bitcoin and ether rise
Bobby Kotick Says UK Will Become 'Death Valley' If Microsoft Purchase Isn't Approved
8.2.2023
There are serious concerns being raised around the world over Microsoft’s planned $69 billion purchase of Activision Blizzard, with opposition coming not just from Xbox’s competitors but everyone from Google to Nvidia as well. You would think such a precarious situation would require some delicate...
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal
7.2.2023
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda Loan Agreement” between Alameda Ventures...
Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets
6.2.2023
Capitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about $16.2 million), would allow Capitual to start...
Crypto Surges as Fed Recognizes Disinflation - But Can Crypto Deal With a US Recession?
1.2.2023
Cryptocurrency prices lurched higher on Wednesday in wake of more dovish than expected remarks from Fed Chairman Jerome Powell, who was speaking as usual in the post-Fed policy announcement press conference. Risk assets, including stocks, surged as Powell acknowledged that the central bank has made...
NFT Fantasy Game Sorare Partners With Premier League for Multi-Year Licensing Deal
1.2.2023
Sorare, a Paris-based NFT (non-fungible token) fantasy game startup, has closed a deal with the Premier League, the first soccer division in the U.K., to make teams and players of the league part of its roster. According to reports, the multi-year agreement involves payments of tens of millions...
Premier League Inks Deal With Digital Trading Card Platform Sorare
30.1.2023
The English soccer league has been considering a partnership with a crypto platform to expand its NFT offerings since 2021
Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’
29.1.2023
A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole. New Entity to Deal With...
SEC Derailed Circle's Plans to Go Public via SPAC Deal: Report
25.1.2023
Circle, the company behind stablecoin USDC, has said its $9bn plans to go public didn't go through because the Securities & Exchange Commission (SEC) did not sign off on it