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Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific's Convertible Debt
24.10.2022
Cryptocurrency exchange Bybit has invested 5.5 billion won ($3.8 million) in South Korean stock exchange-listed IT company and blockchain investor T-Scientific, a shareholder in crypto exchange Bithumb
Binance Accused of Filing Inaccurate Financials by UK Subsidiary Shareholder
12.10.2022
Shareholder Dimplx Limited is looking to obtain a court-ordered valuation of its ownership stake in Binance's U.K. subsidiary
Prosecutors Raid Three Bithumb ‘Affiliates’ as Shareholder Scrutiny Intensifies
10.10.2022
A number of South Korean firms related to the crypto exchange Bithumb – including the firm that owns a controlling share of its stock – have been raided by the prosecution service on embezzlement charges....
Read More: Prosecutors Raid Three Bithumb ‘Affiliates’ as Shareholder Scrutiny Intensifies
Houbi Global controlling shareholder to sell entire stake to About Capital
8.10.2022
As a majority stakeholder, About Capital intends to fuel Huobi’s international brand promotion and business expansion among other initiatives
UK Asset Manager Abrdn Becomes Digital Exchange Archax's Largest External Shareholder
12.8.2022
Asset manager abrdn has taken a stake in Archax, the first digital securities exchange to be regulated in the U.K., becoming the company's largest external shareholder
Report: Tencent Wants To Expand Its Empire By Becoming Ubisoft’s Biggest Shareholder
4.8.2022
Tencent appears to be doubling down on its investment in Ubisoft. While it already owns 5 percent of the Assassin’s Creed publisher, Reuters now reports the Chinese mega-conglomerate with huge investments throughout the gaming industry has its sights set on becoming Ubisoft’s single biggest...
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...
Celsius Shareholder BnkToTheFuture Proposes Bitcoin Investments, Restructuring in Rescue Bid
1.7.2022
Community investing protocol BnkToTheFuture put forth three proposals in a bid to save Celsius from going under
CEL Token Soars as Celsius Shareholder Proposes Recovery Plan, Celsius Pays Compound
21.6.2022
The troubled crypto lending and borrowing company Celsius’ CEL token jumped today, as a company shareholder proposed a recovery plan, and Celsius made a USD 10m payment to the decentralized finance (DeFi) platform Compound (COMP).
A couple of good news related to Celsius seem to have led to...
Report: Twitter Engages in Negotiations With Elon Musk, Analyst Says Unless a Second Bidder Appears Musk Will Acquire the Company
25.4.2022
According to multiple reports stemming from people familiar with the matter, Twitter has been engaged in negotiations with Elon Musk over his proposal to purchase the social media platform for $46.5 billion. Sources detail that a number of Twitter shareholders allegedly reached out to...
Twitter Closes Down on Session as Musk Calls for Shareholder Vote
15.4.2022
Here’s what happened today in regards to Elon Musk’s effort to buy Twitter
Elon Musk Suggests Making Dogecoin a Payment Option for Twitter Blue Service
11.4.2022
Tesla and Spacex CEO Elon Musk has suggested making the meme cryptocurrency dogecoin (DOGE) a payment option for the Twitter Blue subscription service. Musk is now Twitter’s biggest shareholder. He recently joined the social media giant’s board of directors and promised to bring...
Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3
6.11.2021
Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its bitcoin gross profit was $42 million during the time period, a 29% increase year-over-year. Square’s Bitcoin Profit up 29% in Q3 In the company’s Q3 2021...
Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange
3.11.2021
Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will help the bank “create new growth value in the long term amid a new financial world,” said the CEO of the bank. Major Thai Bank Becoming Majority...
Baanx Acquires Stake in Major US Fintech Bank
6.9.2021
PRESS RELEASE. Baanx, the fast growing B2B2C “Better than a Banking Platform” specializing in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking...
Robinhood shareholders want crypto wallets and a hat
18.8.2021
Currently, users of popular stock and digital currency trading app Robinhood users can't move their crypto off the platform
Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex
11.8.2021
Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting...
Activision Shareholders Vote To Keep Paying CEO Bobby Kotick A Ton Of Money
21.6.2021
Long-time Activision Blizzard CEO Bobby Kotick eked out another lucrative victory today at the company’s annual shareholder meeting with a narrow vote of 54% in favor of maintaining his generous salary and millions in annual bonuses. The win comes after a year-long campaign by CtW Investor Group...
Investors Still Think Activision CEO Bobby Kotick Makes Too Much Money
9.6.2021
Grass is green, the sky is blue, and Bobby Kotick is still rich. Earlier this year, Activision halved the CEO’s pay and annual bonus target after he spent years pulling in tens of millions of dollars (even after laying off employees), resulting in sustained pressure from investors. A group...
Billionaire Carl Icahn Mulls Over Diving Into Cryptocurrency in a ‘Big Way’ With About $1.5 Billion Investment
28.5.2021
Billionaire investor Carl Icahn, the founder of Icahn Enterprises, says that his company is exploring how to get involved in cryptocurrency “in a relatively big way,” which he said could be an investment of about $1.5 billion. Carl Icahn Exploring Getting Into Cryptocurrency Carl Icahn...