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Kraken Acquires Australian Crypto Platform Bit Trade


The global crypto exchanges industry continues to consolidate as some smaller players bow out and the big players try to gobble up as much as they can of the rest. As part of this trend, Kraken has now taken over the Australian platform Bit Trade in a bit to strengthen its foothold in the Asia...

Justin Sun Reveals New Acquisition for BitTorrent Coming in Next 3 Days


Justin Sun has announced that expansion of the BitTorrent community as the platform is set to have a major acquisition of another reputed platform from the industry. The official Twitter post of Justin Sun didn’t disclose the name of the organization to be acquired by BitTorrent. New acquisition...

Coinbase Closes Earn.com One Year After $100M Acquisition


Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million...

ArcelorMittal Triggers Rs 42,000 cr Payment for Acquisition of Essar Steel


ArcelorMittal, the world-renowned steel giant, has started payment disbursement for the strategic acquisition of Essar Steel for a total amount of Rs. 42,000 crores, revealed the sources on December 13, 2019. Earlier in November this year, the Supreme Court of India gave its nod to the...

Tron and Poloniex Relationship Scrutinized After Digibyte Delisting


The crypto firm Circle recently revealed that it was spinning off the trading platform Poloniex and has since warned customers to withdraw assets or they may be sent to state governments. Following the announcement, the founder of the crypto network Digibyte (DGB), Jared Tate, explained he...

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