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Huobi Global Acquires Latin American Crypto Exchange Bitex


The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most...

Report: EA Looking To Sell Or Merge


The video game market is consolidating like never before, and Electronic Arts is scrambling like everyone else. The Battlefield and FIFA maker recently pursued a merger with NBCUniversal, and also held potential acquisition talks with Disney, Apple, and other companies, according to a new report...

Wei Zhou & Joffre Capital Close Their Acquisition of Coins.ph


Veteran tech executive Wei Zhou and buyout fund Joffre Capital closed their acquisition of Coins.ph earlier this month, the private equity firm has confirmed. Zhou will serve as CEO of the platform, an industry-leading fiat and crypto wallet service with over 16 million users in the Philippines...

Bitcoin (BTC) Tanks After News of Musk’s Twitter Acquisition!


Despite maintaining its position as the top blockchain contender for 2022, Bitcoin has a lot of upcoming challenges on its way. Elon Musk is a popular name that can disrupt or create a shortage of tokens based on his perception of cryptocurrencies and their technologies. The day news broke out...

Report: Private Equity Eyeing Ubisoft As The Next Big Gaming Acquisition


Private equity firms could be beginning to circle over Ubisoft, Bloomberg reported Friday. Talks are early, but include interest from firms like Blackstone Inc. and KKR & Co. Even if it’s not private equity, senior current and former Ubisoft developers Kotaku has spoken with in recent months...

Bolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’


On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.” Payments...

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