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Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick


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...

Diablo IV Will Be The First Activision Blizzard Title On Game Pass


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...

Rockwallet Steps in to Adopt Wyre’s Customers Following Shutdown


According to the crypto payments company Wyre, based in San Francisco, which ceased operations in June 2023, the multi-currency self-custodial wallet platform Rockwallet has taken over Wyre’s entire customer base. On Thursday, Rockwallet announced it has been reaching out to customers...

Ripple Aims to Expand Regulatory Reach With Standard Custody Acquisition


In a strategic move to bolster its regulatory credentials, Ripple has announced its plan to acquire Standard Custody & Trust Company. This acquisition, pending regulatory approval, is set to enhance Ripple’s portfolio of digital asset solutions and regulatory licenses, marking...

Kraken Obtains VASP Registration From Dutch Central Bank


Crypto exchange Kraken was granted a virtual asset service provider (VASP) registration from the Dutch Central Bank today. Kraken announced the acquisition of its fourth European VASP license, which will make its services available to customers in the Netherlands. Another milestone in our European...

Bitmain’s Mining Firm BitFuFu Set to Go Public in the U.S. via SPAC


BitFuFu, a bitcoin mining firm affiliated with Bitmain, a prominent player in the cryptocurrency mining industry, is advancing towards a public listing in the United States through a merger with a special-purpose acquisition company (SPAC). On December 31, BitFuFu filed an F-4 form with the U.S....

NFT Giant OpenSea Keeps Options Open for Potential Acquisition


The collapse of the non-fungible token (NFT) market last year dealt a blow to OpenSea, raising questions about its once staggering $13.3 billion valuation. Now, the popular NFT marketplace is at the center of acquisition discussions, with CEO and co-founder Devin Finzer expressing an open-minded...

Polygon Nearly Matches Ethereum in Crypto User Acquisition in 2023


Layer-2 scaling network Polygon (MATIC) came close to matching Ethereum (ETH) in terms of crypto user acquisition in 2023. According to blockchain analytics firm Flipside, Polygon acquired an impressive 15.24 million users during the year, falling just shy of Ethereum’s 15.4 million users....

South African Fintech Startup Ukheshe Acquires 100% Stake in EFT Corporation


South African fintech startup Ukheshe recently announced that it has acquired a 100% stake in EFT Corporation, an Africa-focused payment services provider. According to the startup, the acquisition takes Ukheshe closer to its stated goal of attaining a larger footprint in Africa and beyond. Access...

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