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Digital Asset Funds Record $346 Million Inflows as Assets Under Management Surge Past $45.3 Billion
27.11.2023
Source: Adobe / Luisa Cryptocurrency products recorded a massive $346 million in weekly inflows, marking the highest figure in the past nine weeks of consecutive gains. A CoinShares Digital Asset Fund Flows Weekly Report shows a growing bullish sentiment in the market after positive signs from...
Crypto Titans Are Stacking This Dark Horse AI Token as Sam Altman Joins Microsoft – What’s Going On?
20.11.2023
Crypto whales acquire AI token $LPXX amid Microsoft’s AI talent acquisition. Image by Kaleb, Adobe Stock. With Microsoft absorbing OpenAI pioneer Sam Altman after his high-profile ouster and AI at the top of everyone’s mind in the tech world, crypto titans are stealthily stockpiling...
Sega ‘Honored’ Xbox And Others Want To Acquire It, But It’s Not For Sale
16.11.2023
Despite ongoing rumors and even leaked data from potential suitors, Sega isn’t currently looking for a buyer, according to the company’s COO. In fact, Sega is expanding and looking at possible acquisitions itself. Even so, Sega is “honored” that so many other companies want to acquire the Sonic...
Gaming Firm Boyaa Interactive to Add Bitcoin and Ether to Balance Sheet With $100M Investment
15.11.2023
Recently disclosed in a regulatory statement, Hong Kong-based Boyaa Interactive International Limited announced its plan to acquire cryptocurrency assets valued at up to $100 million. This publicly listed entity, known for developing and managing online card and board games through its various...
Foresight Ventures Acquires The Block in $70 Million Deal
13.11.2023
Source: Pixabay Crypto news site The Block has been sold to venture capital group Foresight Ventures in a $70 million deal. Foresight Ventures will acquire a 80% share of the company, Axios reported. The Block CEO Larry Cermak said in an X post on Monday that the acquisition would provide...
Chimpzee is Close to its Presale Goal – Limited Time to Acquire the Tokens For a Discount
29.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Hot new crypto sensation Chimpzee is moving toward the end of its presale. It has raised $1.7M out of its presale goal already. The token’s high relevance in the meme coin...
Kraken to Expand Its Presence in Europe With Acquisition of Dutch Crypto Broker
7.10.2023
Crypto exchange Kraken has unveiled its plan to acquire Dutch crypto broker Coin Meester B.V. (BCM). Kraken explained that the Netherlands is a key market in its European expansion plans. “We are committed to growing our business in compliance with European regulations,” the exchange...
Kraken eyes Europe business boost, plans to acquire BCM
6.10.2023
Kraken recently announced its decision to acquire Coin Meester BV in the Netherlands. The Dutch crypto broker will help Kraken expand its reach in Europe. BCM, or Coin Meester BV, was founded back in 2017, becoming one of the most well-reputed crypto brokers in the Netherlands. Since then,...
Kraken set to acquire Dutch exchange BCM, eyes European expansion
5.10.2023
Kraken is planning to acquire the Netherlands-based cryptocurrency platform as a base for future European expansion
Ripple Retracts Acquisition Plans for Fortress Trust
28.9.2023
Following the letter of intent to acquire Fortress Trust, Ripple CEO Brad Garlinghouse announced the company has decided “not to move forward with an outright acquisition.” Garlinghouse didn’t cite specific reasons for dropping the deal but said Ripple planned to remain an investor...
Tanzanian Central Bank Launches Foreign Exchange Reserves Boosting Gold Buying Scheme
27.9.2023
The Bank of Tanzania said on Sept. 25 that it has kickstarted an initiative that seeks to boost the country’s foreign exchange reserves by buying gold with local currency. The bank said its objective is to acquire six tonnes of gold from miners and traders in 2023 alone. The Tanzanian Gold...
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....
Ugandan Fintech Asaak Acquires Mexican Asset Financing Startup Flexclub
8.9.2023
The Ugandan mobility fintech Asaak recently spread its tentacles to Latin America after it bought the Mexican asset financing business Flexclub. The fintech’s CEO suggested that his company’s successful and profitable microfinance business partly influenced the decision to acquire the Mexican...
DeForm manages to acquire $4.6 million in funding
31.8.2023
DeForm, which is a startup engaged in Web3 marketing, has successfully managed to acquire for itself an amount of $4.6 million through seed funding. The lead player in the funding round was Kindred Ventures, along with contributions from Elad Gil, Scalar Capital, and some more companies. DeForm...
Coinbase-Backed Securitize Set to Acquire Crypto Investment Platform Onramp Invest
17.8.2023
Securitize, a firm that specializes in tokenizing private investments, is all set to acquire the crypto investment platform Onramp Invest.
The Informant reported Onramp's team of 18 is all set to integrate into Securitize's existing workforce of 150.
Securitize, backed by companies like Coinbase...
Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more
1.8.2023
Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse
B2BinPay Now Offers Branded Hardware Wallets Through Collaboration With Ledger
19.7.2023
B2BinPay, a leading crypto-processing platform, has revealed a new partnership with Ledger, the global platform for digital assets. As a result of this collaboration, clients of B2BinPay will have the chance to acquire a limited-edition Ledger Nano X, which will be branded with the B2BinPay logo....
Central Bank of Argentina Accelerates Yuan Sales and Dollar Purchases as Reserves Dwindle
14.7.2023
The Central Bank of Argentina has accelerated the sale of its Chinese yuan stash, using part of the swap line provided by the government of China while it tries to acquire dollars simultaneously. According to local sources, the country’s reserves have plunged to their lowest levels in eight...
Report: FTX Management Seeks Investors to Revive Defunct Crypto Exchange; Exchange Token FTT Surges
29.6.2023
FTX management is actively seeking potential participants to revive the formerly defunct crypto exchange, as reported by sources knowledgeable about the situation. CEO John J. Ray III and other FTX executives have reportedly engaged in preliminary discussions with prospective investors, who could...
Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty
22.6.2023
On June 22, 2023, Bitgo, a digital assets firm and crypto custodian, declared the termination of its planned acquisition of custodian Prime Trust. The company cited a “considerable effort” in attempting to chart a course for Prime Trust’s future. Bitgo Cancels Prime Trust Acquisition...