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Despite Abandoning Prime Trust Deal, BitGo Eyes Other Acquisitions
27.6.2023
After abandoning the Prime Trust deal, BitGo CEO Mike Belshe has said that there are several other acquisitions in the pipeline.
In an interview with CoinDesk TV, BitGO CEO said that they have got more acquisition pending which the company has not been able to announce yet.
Belshe predicted...
The Xbox Trial That Could Change Everything: 7 Bombshell Reveals
27.6.2023
Microsoft is fighting an injunction by the Federal Trade Commission against closing its $69 billion deal to buy Activision Blizzard, and the ensuing trial has yielded all sorts of fascinating insights about the Xbox maker. From leaked emails of executives talking about “spending Sony out...
EU Seals Deal on Crypto Bank-Capital Rules
27.6.2023
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
New Emails Reveal Microsoft Wanted To Buy Sega, Bungie
27.6.2023
Microsoft is currently in court trying to move forward with its massive deal to acquire Activision Blizzard. But new emails, which surfaced during the ongoing court hearing, reveal that Xbox was discussing plans to buy up other video game studios and publishers, including Sega, Bungie, Niantic,...
Save A Ton On Game Pass Subscriptions Ahead Of The Price Hike
26.6.2023
Microsoft is about to raise the price of its Netflix-like subscription service, Xbox Game Pass, by a couple bucks a month. But you can start renewing your subscription ahead of time to save some extra money, especially if you scour the web for some of the already cheap deals.Read more
Deal Cancelled: BitGo Pulls Out of Prime Trust Acquisition and Users Report Withdrawal Issues
23.6.2023
BitGo, the American crypto custodian platform, has made the decision to cancel the acquisition of Prime Trust.
Following this announcement, Prime Trust has taken measures to suspend withdrawals.
The cancellation of the deal comes just two weeks after BitGo signed a non-binding letter of intent...
Bitcoin Miner Applied Digital Signs AI Hosting Deal Worth Up to $460M
23.6.2023
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal
Crypto Firms Face Turmoil as Prime Trust Fallout Causes Service Disruptions and Concerns
23.6.2023
After the Bitgo acquisition deal to purchase Prime Trust fell through, it seems that crypto firms that have worked with the custodian are experiencing problems. On Thursday, Seattle-based fintech startup Stably announced the need to “temporarily pause” certain services and operations....
Is PlayStation Really Worried About Losing Call of Duty To Microsoft? Private Emails Say No
22.6.2023
PlayStation boss Jim Ryan has been fighting Microsoft’s acquisition of Activision Blizzard tooth-and-nail, claiming it jeopardizes Call of Duty on PlayStation 5. But in a private email when the deal was first announced, Ryan apparently wrote that he didn’t think it was an “exclusivity play” to take...
Cleanspark Expands Bitcoin Operations With Acquisition of Georgia Facilities in All-Cash Deal
22.6.2023
Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase Cleanspark’s current operations by just...
Dollar Reliance Shrinks — China’s LNG Deal With Qatar Challenges ‘Frenemy’ Status With US
21.6.2023
This week, China and Qatar strengthened their bond through a significant development on Tuesday. China National Petroleum Corporation (CNPC) and Qatarenergy inked a 27-year deal, outlining China’s commitment to procure liquefied natural gas (LNG) from Qatar on an annual basis. Under...
French Real Estate Firm Signs Crypto Pay Deal – Is Adoption on the Rise?
21.6.2023
A French real estate firm has signed a partnership deal with domestic crypto pay provider, an indication that the European nation may be the next to embrace crypto-powered commerce.
Per Boursier, Apsys will allow customers to pay using crypto at all of its shopping malls.
The firm operates...
CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief
19.6.2023
Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary...
Crypto Conglomerates Should Be Regulated, MiCA 2 Needed, Bank of France Governor Says
19.6.2023
International cooperation is necessary to regulate crypto conglomerates, according to the head of the central bank of France. Speaking at a tech forum in Paris, Governor Villeroy de Galhau also suggested that a new version of the EU’s recently adopted crypto law may be needed to deal with...
Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order
17.6.2023
Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American...
SEC and Binance.US strike a temporary agreement on asset access
17.6.2023
Proposed measures include restricting Binance Holdings officials' access to private keys and disclosing business expenses
Binance, SEC Strike Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore
17.6.2023
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday
Blackrock Files for Bitcoin Trust — Analyst Calls It a ‘Real Deal’ Spot Bitcoin ETF Filing
17.6.2023
Blackrock, the world’s largest asset manager, has filed to register a bitcoin trust that some believe is actually a spot bitcoin exchange-traded fund (ETF) in disguise. Blackrock is seeking to launch a bitcoin product despite the U.S. Securities and Exchange Commission’s (SEC) efforts...
Twitch Mega Streamer xQc Signed By Gambling Company For $100 Million
17.6.2023
Twitch’s biggest streamer, Félix “xQc” Lengyel, is signing with the company’s newest rival, Kick, a streaming platform that offers better revenue splits and also appears to be centered around online gambling. The non-exclusive deal is valued at up to $100 million over two years, and is the latest...
BlackRock’s Bitcoin ETF Would Be a Big Deal
16.6.2023
And it doesn’t really matter if it’s technically a trust