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Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report
24.9.2023
Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platform’s plan to expand business globally....
Coinbase sought FTX Europe acquisition after bankruptcy: Report
22.9.2023
To expand its derivatives business overseas, Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022
Hold Onto Your Butts, Microsoft's Massive Activision Blizzard Deal Is Finally Happening
22.9.2023
Twenty months after it was first announced, Microsoft’s unprecedented deal to buy Call of Duty and Candy Crush publisher Activision Blizzard for $69 billion appears to have beaten its final boss. The UK’s Competition and Markets Authority revealed on Friday that it has provisionally approved...
Ripple says security incident accelerated its acquisition of Fortress Trust
13.9.2023
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8
‘I’m Bullish on Bitcoin’ — Ted Cruz Champions Bitcoin’s Boon for Texas and Power Grid Boosts
9.9.2023
Ted Cruz, the U.S. Republican senator from Texas, expressed his optimism on Friday, stating he’s “bullish on bitcoin,” after a recent interview with Forbes released on September 8. During the conversation, Cruz highlighted emerging reports indicating that bitcoin mining...
Ripple Acquires Crypto Financial Services Company Fortress Trust
8.9.2023
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...
Musk Funded Dogecoin, Mulled Blockchain Social Media, Biography Details
4.9.2023
A biography of billionaire investor Elon Musk reveals details about his involvement in the Dogecoin project and an idea to launch a social media platform based on blockchain. The book, which should be available later this month, also mentions a failed attempt by former crypto mogul...
France’s Data Watchdog Conducts Checks at Worldcoin Office in Paris
3.9.2023
The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai....
Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...
SBI-Owned B2C2 Eyes European Expansion With Acquisition of Rival Trading Firm Woorton
24.8.2023
London-based liquidity provider B2C2 has acquired French market making firm Woorton in a deal that will grants B2C2 access to licenses, allowing it to operate in the EU
Microsoft Selling Activision Blizzard Cloud Gaming Rights To Ubisoft In Last-Ditch Effort To Get Merger Approved
22.8.2023
Somehow, over a year later, Microsoft’s attempted $69 billion takeover of Activision Blizzard just took its weirdest turn yet. The tech giant announced today that it will sell off the streaming rights for Call of Duty, Overwatch, and more to rival publisher Ubisoft as part of one last attempt...
Microsoft Selling Activision Blizzard Cloud Gaming Rights To Ubisoft In Last-Ditch Effort To Get Merger Approved
22.8.2023
Somehow, over a year later, Microsoft’s attempted $69 billion takeover of Activision Blizzard just took its weirdest turn yet. The tech giant announced today that it will sell off the streaming rights for Call of Duty, Overwatch, and more to rival publisher Ubisoft as part of one last attempt...
Litecoin & Toncoin experience boom updates, Everlodge acquisition spikes ahead of price pump
17.8.2023
With the recent upswing in the value of many cryptocurrencies, a lot of opportunities arose in the industry. During these times, Litecoin (LTC) and Toncoin (TON) have experienced a high level of growth. However, they’re not alone, as crypto experts have given a bold prediction for Everlodge...
Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion
16.8.2023
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of capital catapults the firm’s post-valuation...
Cross-chain wallet BitKeep changes name to Bitget Wallet after acquisition
10.8.2023
The exchange follows the likes of Binance, KuCoin and OKX in running self-custody wallets parallel to CeFi operations
Report: French Privacy Regulator Probes Worldcoin’s Biometric Data Practices
29.7.2023
The French oversight agency, National Commission on Informatics and Liberty (CNIL), has raised doubts about the legality of Worldcoin’s biometric data collection methods. Besides questioning the legitimacy of its data acquisition processes, CNIL is also delving into how this biometric data...
Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners
27.7.2023
Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility in the third quarter. Stronghold Digital Mining...
Activision Set To Become Part Of Microsoft After FTC's Last-Ditch Effort Fails
15.7.2023
The U.S. Ninth Circuit Court of Appeals has denied the Federal Trade Commission’s final request to pause Microsoft’s takeover of Activision Blizzard, likely paving the way for the biggest-ever merger in gaming to finally move forward after a more than year-long regulatory saga. Read more
FTC Blasted By Congress And Gamers For Doing Its Job
14.7.2023
Under chair Lina Khan, the Federal Trade Commission (FTC) has taken a lot of heat for trying to be aggressive in its approach to regulating tech companies and preventing monopolies. Now the FTC is facing criticism from both Republicans in Congress and very online Xbox fans for appealing a recent...
Court: FTX spent $400 million on the acquisition of its European branch
13.7.2023
The goal behind an overpriced buyout of the Swiss company was to get a proper European license