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Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’
29.5.2024
Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite the initial rejection from Bitfarms’ Board, the proposal will be directly...
Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute
28.5.2024
The hostile offer comes after a private offer to the board was rejected in April
Report: Next Call Of Duty Will Be On Game Pass
17.5.2024
The next Call of Duty, believed to be a Black Ops sequel set during the Gulf War, will be the first new entry in the popular online shooter to be on Xbox Game Pass. That’s according to a report by The Wall Street Journal, which said the announcement will be made at Microsoft’s big annual Xbox...
Activision Finally Opens A Studio To Make Something Other Than Call Of Duty
16.5.2024
Xbox-owned Activision has revealed a brand new AAA studio in Poland that will develop something other than Call of Duty, which most of Activision currently works on. This should be good news! The industry needs more studios after thousands of layoffs. However, last week, Activision’s parent...
Solana DePIN Ambient gears up with new funding and acquisition
8.5.2024
Solana DePIN Ambient, a pioneering decentralized ambient intelligence platform, has successfully raised funds in a pre-token launch fundraising round. This significant milestone comes as the platform prepares for its official token launch and underscores investor confidence in Solana DePIN...
US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards
2.5.2024
The bill aims to clarify the tax treatment of staking rewards, proposing that they should only be taxed at the time of their sale rather than upon acquisition.
The post US Lawmakers Introduce New Bill For Clarification on Taxation of Staking Rewards appeared first on Cryptonews
Proposed US bill wouldn’t allow taxing block rewards at acquisition
1.5.2024
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired
Protocol Village: Safe, for 'Smart Accounts,' Completes Acquisition of Crypto Business Wallet Multis
18.4.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
Which New Meme Coin Will Avalanche Foundation Invest In Next?
10.4.2024
As the Avalanche Foundation continues its ‘digital culture drive‘ acquisition of new meme coins, retail investors are scrambling to discover which new meme coin they will invest in next. This article will analyze Avalanche’s current meme coin trends and examine whether...
Decentralization Dilemma: Blockchain Games Require Data For User Acquisition
29.3.2024
Web3 games continue to dominate on-chain activity. According to DappRadar’s recent Game Report, blockchain games accounted for 34% of decentralized application (Dapp) activity last year. The report also notes that Web3 games attracted 1.1 million active daily users in 2023. Source: DappRadar...
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
25.3.2024
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has significantly appreciated, with buyers now prepared to offer...
Marathon Digital Expands Bitcoin Mining Presence with Texas Acquisition
15.3.2024
On March 15, Applied Digital announced that it had concluded the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. The second quarter of 2024 is the expected date of completion of the deal.
The post Marathon Digital Expands Bitcoin Mining Presence...
Helldivers 2 Studio Debunks PlayStation Acquisition Rumors
6.3.2024
In the past couple of years, there’s been a growing trend of big gaming companies acquiring studios. One studio that won’t be getting acquired any time soon, however, is Arrowhead Game Studios. The developer of 2024’s multiplayer hit Helldivers 2 recently had to address growing rumors on social...
Sources: Borderlands Studio Will Escape The Most Divisive Company In Gaming
29.2.2024
Embracer bought Borderlands maker Gearbox Entertainment for $1.2 billion back in early 2021 amid an unprecedented acquisition spree that’s since turned into a financial disaster. Now, just three years later, Kotaku has learned that Gearbox is closer than ever to being sold out from under what...
Crypto Investment Firm Deus X Capital to Acquire HAYVN for Undisclosed Amount
28.2.2024
Family office-backed cryptocurrency investment firm, Deus X Capital, has agreed to acquire institutional digital assets firm HAYVN for an undisclosed amount.
The post Crypto Investment Firm Deus X Capital to Acquire HAYVN for Undisclosed Amount appeared first on Cryptonews
David Johansson, CEO of BLOCKLORDS, on Blockchain Gaming, Web3 Gaming Airdrops, and User Acquisition for Web3 Games | Ep. 310
20.2.2024
BLOCKLORDS CEO David Johansson discusses the indestructible link between crypto and gaming; how BLOCKLORDS came to where it is today, despite the obstacle; how the team utilized the circumstances in the space and the knowledge they gained to set up a platform to help others launch Web3 games;...
Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick
17.2.2024
Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team...
Insider Trading in the NFT Market? Moonbirds’ Unusual Sales Activity Before Yuga Deal
17.2.2024
Prices and trading volume for the Ethereum NFT collection Moonbirds experienced a significant surge on Friday following the announcement of Yuga Labs’ acquisition of the collection’s intellectual property alongside creator Proof. However, there were also considerable spikes in sales...
Diablo IV Will Be The First Activision Blizzard Title On Game Pass
15.2.2024
After weeks of rumors and leaks about what the future holds for Xbox, the company finally shared some official news via a special episode of the Official Xbox Podcast. One lingering question that Phil Spencer, Sarah Bond, and Matt Booty addressed during the episode was just when Activision Blizzard...