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Bitfarms set to acquire 48,000 new miners in 2022 despite chip shortage
3.3.2021
Chinese supplier MicroBT will be providing the new hardware over the next two years
Bitfarms Purchases 48,000 Bitcoin Miners, Plans to Increase Hashpower by 5 Exahash
3.3.2021
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company’s hashpower by approximately 5 exahash per second...
Hanwha to acquire $52M stake in crypto exchange Upbit’s parent company
3.2.2021
Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu
Publicly-Listed Lottery Company to Buy $14.4M Worth of Bitcoin Mining Machines
13.1.2021
A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17, T17, M20s and S9 According to the announcement...
South Korean gaming conglomerate Nexon denies plans to acquire Bithumb
11.1.2021
Reports last week had claimed that Nexon was poised to acquire the exchange at an evaluated price of roughly $460 million
Report: Major gaming conglomerate Nixon prepares to acquire Bithumb
7.1.2021
South Korean media has reported that Nexon, a multi-billion dollar conglomerate led by CEO Kim Seong-Ju, plans to acquire the country's largest cryptocurrency exchange
Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan
31.12.2020
The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial...
Animoca Brands to Acquire Blockchain Fitness Company Lympo
17.12.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
17 December 2020: Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”) is pleased to advise that it has entered, via its wholly owned subsidiary Animoca Brands Limited, into a share purchase...
Justin Sun’s BitTorrent to Acquire Esports Platform for New Streaming Ecosystem
22.10.2020
BitTorrent is evolving into an ecosystem of decentralized storage, data protocols and content distribution, the firm says
Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million
27.8.2020
The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin...
Former Prudential Financial CEO George Ball Says Now Time to Buy Bitcoin
17.8.2020
Former Prudential Financial CEO George Ball is advising wealthy investors to acquire bitcoin because it is the only asset that cannot be undermined by the government. Ball made the comments while discussing adjustments that investors need to make to their portfolios. Now CEO at Sander Morris...
$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network
6.8.2020
The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5.6 million) after spending 17.5 BTC or $200,000 (at time of writing) to acquire...
Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’
9.7.2020
On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a “highly-sophisticated DDOS...
Western Union Aims to Acquire Ripple's Partner MoneyGram - Report
2.6.2020
Payments giant Western Union is reportedly interested in purchasing major money transfer company MoneyGram, co-owned by American blockchain company focusing on payments technologies Ripple.
Western Union aims to acquire MoneyGram, thus joining two of the largest US providers of money-transfer...
This Time It’s Official: Coinbase to Acquire Crypto Brokerage Tagomi
27.5.2020
Coinbase is acquiring the prime cryptocurrency brokerage Tagomi as part of its evolving strategy for institutional investors
ICE Spent ‘Nearly $300M’ Helping Bakkt Acquire Loyalty Firm Bridge2
30.4.2020
ICE spent close to $300 million acquiring Bridge2 Solutions for Bakkt, CEO Jeffrey Sprecher said in an earnings call Thursday
The Crypto Industry’s $400M Cash and Stock Deal – Binance to Acquire Coinmarketcap.com
31.3.2020
The popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. People familiar with the matter explained the acquisition will be announced this week and could be one of the largest procurements in...
Binance Might Acquire CoinMarketCap - Report
31.3.2020
Major crypto exchange Binance is in the final stages of talks to acquire the biggest crypto market data provider CoinMarketCap for up to USD 400 million, The Block reported, citing undisclosed people familiar with the matter.
CoinMarketCap's ability to drive a significant amount of traffic is...
3 Debit Cards Nigerians Can Use to Spend Cryptocurrencies in Stores and Online
20.3.2020
Options to acquire cryptocurrencies in Nigeria have been growing in number, along with increasing interest in bitcoin. Nigerians are also starting to see more opportunities to spend their coins in brick and mortar stores and at online merchants. Three crypto debit cards are now available to...
Morgan Stanley Buys E*Trade in $13B Deal
20.2.2020
Morgan Stanley is acquiring E*Trade for $13 billion, hoping to target its 5.2 million-strong client base