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Despite SEC Objection, Court Greenlights Billion-Dollar Asset Purchase Deal Between Binance US and Voyager
12.1.2023
The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S. Securities and Exchange Commission (SEC). Court Lets Binance US Buy Voyager’s Assets...
Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%
11.1.2023
Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and,...
Initial approval given for Voyager and Binance.US deal amid national security probe
11.1.2023
The deal has received initial approval from the bankruptcy judge but will require the approval of creditors and final court approval
Gala Price Keeps Pumping Higher After Wahlberg and the Rock Deal - Can it Reach $1?
10.1.2023
Gala Games (GALA) recently made headlines as GALA's price surged by almost 60% in one day after an announcement that they'll be partnering with actors Dwayne ‘The Rock' Johnson and Mark Wahlberg in producing films for their ecosystem....
Read More: Gala Price Keeps Pumping Higher After Wahlberg...
FTX’s Former Engineering Chief Nishad Singh Looking for Deal From Feds: Report
10.1.2023
Singh may hold information key to showing how Sam Bankman-Fried violated numerous federal campaign finance laws
FTX Opposition to $1B Binance Deal Is 'Hypocrisy and Chutzpah,' Voyager Says
9.1.2023
The plan to purchase bankrupt crypto lender Voyager’s assets has been opposed by FTX trading arm Alameda research, federal regulators and a number of U.S. states
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets
6.1.2023
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital. The securities regulator explained that it is “formally investigating whether the debtors and others violated the anti-fraud...
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys
5.1.2023
Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the company that operates the coin trading platform, which is one of the largest in South Korea. Italian Serie A Leader...
Virtualness inks an exclusive multi-year Web3 deal to PBA’s digital collectibles
5.1.2023
Virtualness has just signed an excellent deal with the Philippine Basketball Association (PBA). This happens to be a multi-year Web3 deal. Besides other factors, the prime aim and intention of this collaboration is for all Filipino basketball fans to be able to engage in a far better and different...
SEC Files Limited Objection to Binance.US’s $1B Deal for Voyager Assets
4.1.2023
The agency is asking for more details how the crypto exchange can afford such a large deal
Binance Reportedly Close to Sealing Deal for South Korean Exchange Gopax
3.1.2023
Binance is allegedly close to sealing a deal to buy a majority stake in the South Korean crypto exchange Gopax – per multiple domestic media reports. Outlets are claiming that the deal has been agreed in principle. But they note that a few final remaining legal and procedural hurdles still need...
SBF to enter plea deal, Mango’s exploiter arrested, and Celsius news: Hodler’s Digest, Dec. 25-31
31.12.2022
Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer
29.12.2022
Former FTX CEO may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits by entering a guilty plea
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas
29.12.2022
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is selling its Helios facility to Galaxy Digital...
Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse Pivot
28.12.2022
Gumi, a Japanese mobile gaming company, has partnered with Square Enix and SBI Holdings to build new business opportunities around the metaverse. The deal, which also includes the issuance of new stock valued at $52.7 million dollars, will allow the company to acquire financial and content creation...
Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022
26.12.2022
Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT sales...
As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created
25.12.2022
109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, more than 96% of the greenback’s purchasing power has been erased via inflation. The Purchasing Power of the U.S. Dollar After...
Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
23.12.2022
According to court documents, Caroline Ellison said she and SBF signed off on “materially misleading financial statements” for Alameda lenders — knowing it was illegal
FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock
23.12.2022
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over...
Japanese Securities Giant SBI, Gaming Firm Square Enix Seal Crypto Gaming Deal
23.12.2022
The Japanese securities, banking, and crypto heavyweight SBI and the Tokyo Stock Exchange-listed gaming firm Square Enix have announced a crypto gaming M&A deal. The companies have signed a share purchase deal for Gumi, an up-and-coming crypto and blockchain gaming company.
The deal is worth...