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Crypto VC Deals in 2023 Plunged 70% on Funding Constraints
25.1.2024
Crypto venture capital (VC) funding dropped 70% in 2023, securing only about $10b in deal value. That’s a drop from nearly $32b in 2022, which had nearly 90% more deals. Galaxy Digital published a report Wednesday showing venture deal activity in the crypto sector last year. It revealed...
Animoca Brands and HashKey Sign Strategic Partnership Deal + More Crypto News
24.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Animoca Brands and HashKey Sign Strategic Partnership Deal KuCard Crypto News: Apple Pay Integration Bitget Reveals Smart Copy Mode __________...
Nexo Seeks $3B in Damages from Bulgaria Over Aborted Investigation Affecting US Stock Listing
24.1.2024
Crypto lender Nexo has started a legal battle seeking $3 billion in damages from Bulgaria following an aborted criminal investigation that the company claims derailed its plans for a US stock market listing and a soccer sponsorship deal. Nexo AG, a Swiss subsidiary of Nexo Capital based in...
Report: Mr Beast Nearing $100 Million TV Deal With Amazon
22.1.2024
James Donaldson, aka MrBeast aka that YouTuber who does weird charity videos aka that guy who sold me a terrible burger, is reportedly close to signing an estimated $100 million deal with Amazon to create a competition series on the company’s Prime Video streaming service. Read more
New Deal Offers 8 Great Shooters For Just $10
22.1.2024
A new deal letting you create your own bundle of shooters, with options that include new classics like Dusk or older hits like Doom, is the best way to instantly fill your Steam library with some of the best FPS games ever made for just $10 or less.Read more
Revealed: why Steam's new Daily Deal system might help you!
15.1.2024
Or might not, depending on how 'on the ball' you are. Also: lots of discovery news
Why Are Bitcoin ETFs Such a Big Deal? Gold Provides a $100 Billion Answer
10.1.2024
Over $100 billion is now stashed in gold ETFs that trade in the U.S., the world's largest capital market. Will bitcoin ETFs grow to this size?
Why Video Game Voice Actors Don’t Love The New SAG-AFTRA Deal
10.1.2024
After months of speculation from voice actors concerned with how their voices could be co-opted by AI, and recent announcements from companies like Ubisoft and Tencent that they’ll use NVIDIA’s new AI tools to provide voices for NPCs, the Screen Actors Guild American Federation of Television...
UAE-Based Phoenix Group Bolsters Mining Capabilities With $187M Bitmain Deal Amidst Global ASIC Race
10.1.2024
Phoenix Group, a bitcoin mining and blockchain infrastructure company, recently disclosed its acquisition of $187 million in application-specific integrated circuit (ASIC) bitcoin mining rigs. The purchase was made from Bitmain, one of the leading ASIC manufacturers in the industry. Phoenix Group...
SingularityDAO inks a channel deal with Chainlink Labs
9.1.2024
SingularityDAO ties up with Chainlink Labs to back the Chainlink BUILD community to gain connectivity with further options via SingularityDAO’s launchpad, creative solutions, and various other factors. Incidentally, Singularity DAO is a decentralized collection management protocol. SingularityDAO...
Bitcoin Miner CleanSpark Buys Another $193 Million Of Mining Equipment After Stock Downturn
8.1.2024
Source: Adobe / Photocreo Bednarek As Bitcoin’s (BTC)’s price surges to multi-year highs, mining firm CleanSpark has closed another nine-figure infrastructure deal to help the company seize as many newly minted units of BTC as possible. In a press release on Monday, the company announced that...
Bankruptcy Move: FTX Ventures Cuts Deal with Dave for $100 Million Stake
6.1.2024
Source: Sora Shimazaki / Pexels Dave, a fintech firm specializing in financial services through its mobile application, is set to acquire a $100-million convertible promissory note previously issued to FTX Ventures, the venture capital arm of bankrupt crypto exchange FTX. The deal involves Dave...
USM strikes an exclusive deal with Blockchain UNIJOS
4.1.2024
USM forms an exclusive collaboration with Blockchain UNIJOS. Together, they intend to take forward the Metaverse and Web3 tools that will bring to the forefront the total abilities of the internet and make available decentralized space for all. USM, on its part, is the most spread-out metaverse...
Stake Secures Naming Rights for Sauber’s Formula 1 Car in Multi-Year Deal
2.1.2024
  Cryptocurrency betting and casino platform Stake has obtained the naming rights for Sauber’s Formula 1 car for the 2024 and 2025 seasons. On January 1st, Stake made an announcement revealing their transition into Formula One, as they will feature as the primary sponsor...
Bit Mining Sells Btc.com’s Mining Operations for $5 Million
30.12.2023
On Friday, Bit Mining Limited declared it had sold the mining pool operations of Btc.com to a Hong Kong limited liability company for $5 million. This transaction is anticipated to bolster the total equity of Bit Mining’s shareholders, contingent upon certain concluding conditions. BTCM...
Publicly Listed Bitcoin Miners Soar in 2023 — Marathon Leads With 767% Surge
28.12.2023
Since the year began, both bitcoin and the broader crypto economy have risen a great deal in value, with bitcoin climbing over 150% since Jan. 1, 2023. Yet, an impressive 11 out of 13 bitcoin mining firms listed on Nasdaq have seen even more substantial triple-digit increases this year. Topping...
Chinese Bank Seals First-ever Cross-border CBDC-powered Precious Metals Deal
21.12.2023
Source: pla2na/Adobe The Bank of China has completed the world’s first cross-border CBDC-powered precious metals deal – a gold transaction worth some $14.1 million. Per the Shanghai Securities News and the China Securities Network, the deal involved the Shanghai Branch of the Bank of China,...
Bankrupt Crypto Firm FTX Trading Reaches Settlement With Bahamian Subsidiary
19.12.2023
FTX Trading Ltd. and its affiliated debtors have announced a landmark settlement with their Bahamian subsidiary, FTX Digital Markets Ltd., amid ongoing liquidation proceedings. This agreement, pending court approval, promises a novel approach to handling the complex legal challenges stemming from...
X-Men Games Will Be Sony Exclusives For More Than A Decade, Leak Reveals
19.12.2023
If you haven’t heard, over 1.3 million internal documents from Spider-Man and Ratchet & Clank developer Insomniac Games were leaked after Sony didn’t meet ransomware group Rhysida’s demands for $2 million worth of Bitcoin. The documents include early footage of the team’s Wolverine game,...
Galaxy Digital on the Hunt for More Crypto Bankruptcy Assets Post-FTX Deal
19.12.2023
Source: LinkedIn Galaxy Digital, the cryptocurrency group led by US billionaire Mike Novogratz, is seeking additional asset sales from bankrupt digital asset companies following a successful deal that involved selling coins held by FTX. The transaction has significantly increased Galaxy’s...