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Twitter lawyers up to force through Musk deal. Will it work?
11.7.2022
It’s unclear whether the potential lawsuit will eventually see Musk purchasing the platform at the previously agreed price, at a new price, or not at all
Twitter Says It Won't Let Elon Musk Go as 'Dogecoin CEO' Terminates Deal
9.7.2022
A major legal battle, involving the crypto community's preferred social media platform Twitter, and Dogecoin (DOGE) advocate, Tesla's Elon Musk, is in the works.
After the serial entrepreneur said he's terminating his agreement to buy Twitter in a USD 44bn deal, the company vowed to fight...
Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit
9.7.2022
Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Musk Ending Deal With Twitter Citing ‘Material...
Musk Scraps $42B Deal to Buy Twitter, Prompting Board to Threaten Suit
9.7.2022
Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility
8.7.2022
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-megawatt facility and when the grid is swamped...
Crema hacker returns $8M, keeps $1.6M in deal with protocol
7.7.2022
The Crema Finance team awarded the hacker who made off with nearly $10 million in funds from the protocol 16.7% of the stolen funds as a white hat bounty
Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise
6.7.2022
The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company...
EToro SPAC Deal for Public Listing Canceled as Transaction Becomes 'Impracticable'
5.7.2022
Trading platform eToro's planned public listing through a merger with special purpose acquisition company (SPAC) FinTech Acquisition Corp. V has been terminated
Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M
3.7.2022
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used...
EU Makes Deal on MiCA Legislation to Regulate Crypto Markets
2.7.2022
Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto space comes after earlier this week European...
Jed McCaleb’s XRP bag is almost gone, Ethereum’s difficulty bomb delayed and FTX inks deal with BlockFi: Hodler’s Digest, June 26-July 2
2.7.2022
BlockFi announces deal with FTX US, including 'option to acquire' for $240M
1.7.2022
According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021
BlockFi Reaches Deal With FTX US
1.7.2022
The crypto lender said client funds will not be impacted
Financial Companies Report First Deal With Digital Assets Under Russian Law
1.7.2022
Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third party and its subsequent acquisition. Russian Companies Conduct Issue and Placement...
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
1.7.2022
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST...
FTX Passed on Deal to Purchase Celsius Due to Deficient Balance Sheet: Report
30.6.2022
Cryptocurrency exchange FTX passed on a deal to purchase beleaguered crypto lender Celsius after examining the sorry state of its finances
VTB sealed the first deal with digital financial assets in Russia
29.6.2022
VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain
Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations
28.6.2022
A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the anonymous attack, which comes after Nexo offered a buyout deal to troubled rival Celsius....
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
22.6.2022
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation...
Midweek Deal on Steam Waives 20% for God of War
22.6.2022
The midweek madness has come to Steam, the ultimate destination for all services related to gaming. The fan-favorite God of War is now available for 20% less than the original price of $42, and users can buy the PC version for $33 only until June 23. Steam is easily the most popular platform...