Digital assets custodian BitGo on Monday filed a $100 million lawsuit against investment management firm Galaxy Digital for failing to fulfill its acquisition. The complaint will be available to the p...
Tag: acquisition
Streaming Service Pantaya Becomes Part Of TelevisaUnivision, Following Completion Of Acquisition
TelevisaUnivision announces completion of acquisition of Pantaya to beef up ViX+. TelevisaUnivision/Pantaya TelevisaUnivision has completed its acquisition of Pantaya, folding the U.S. Spanish-languag...
BitGo drags Galaxy Digital to court over failed acquisition 1
BitGo has announced that it has taken legal proceedings against Galaxy Digital, as announced in an earlier statement some weeks ago. According to the custodian firm, it plans to sue Galaxy Digital in ...
Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre
Bolt Financial Inc, a U.S. online checkout technology company, announced on Friday that it has pulled out from its $1.5 billion deal to buy crypto infrastructure provider Wyre Payments Inc, amid plung...
Bolt Cancels $1.5B Acquisition Deal of Wyre Payment
10 seconds ago | 2 mins read Bitcoin News Bolt, meantime, has issued a statement promising to maintain its collaboration with Wyre. Wyre will continue to support Bolt in developing its crypto ecosyste...
Bitcoin miner CleanSpark announces second acquisition in a month
Bitcoin miner CleanSpark is buying a facility in Georgia from competitor Mawson Infrastructure Group, its second site acquisition in the span of a month. The company will pay up to $33 million for the...
Why Signify Has The Potential To Add Significant Value To CVS’s Stock
(AP Photo/Elise Amendola) Copyright 2021 The Associated Press. All rights reserved. CVS Health (CVS) announced earlier this week that it has entered into a definitive agreement to acquire leading heal...
NFL season brings ‘number one acquisition moment’ for sportsbooks
NFL season kicks off on Thursday night, marking not only the return of America’s favorite sport but also the beginning of the most important yearly stretch for gambling companies looking for sports be...
Mullen Automotive Takes Controlling Stake In Bollinger Motors, Marking Its First EV Acquisition
TechCrunch Mullen acquires controlling interest in EV startup Bollinger Motors Mullen Automotive has acquired a controlling interest in Bollinger Motors, a move intended to strengthen the two EV compa...
Bnk To The Future eyes acquisition of crypto lender SALT
Crypto lending platform SALT has received a buyout offer from a prominent online investment platform — a move the company said could potentially enhance its product offerings and advance its mission o...
DJM’s Acquisition Strategy For A Recessionary Market: Buy Lifestyle Centers
Lido Marina Village was completely overhauled by DJM. John Miller is founder and CEO. Courtesy of DJM “People are pivoting,” said John Miller, founder and CEO of DJM. “In California, we created destin...
Banking platform LevelField is raising $50 million, secures first acquisition
New banking platform LevelField Financial announced it has acquired Netshares Financial Services, a broker-dealer regulated by the U.S. Securities and Exchange Commission (SEC). LevelField is a financ...
Voyager’s Native Token Rising Massively During Acquisition Rumors
The Prospective Acquisition As speculations of a prospective acquisition persist, Voyager Digital’s native token is rising, putting pressure on the troubled crypto broker. According to a recent ...
Elon Musk Sends Second Letter Terminating Twitter Acquisition
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FTX CEO Denies Huobi Acquisition Rumors Despite Huge Revenue Spike
One of the biggest crypto exchanges, FTX, has confirmed that it’s not looking to buy Huobi, despite what people (and publications) might say. Sam Bankman-Fried, the founder and CEO of FTX, took to Twi...
Applied Blockchain Turned Applied Digitals, Also Completed Land Acquisition
Lately, there were many companies that went on to witness expansion into space through different means. Another prominent blockchain mining company formerly known as Applied Blockchain, Applied Digita...
Thailand’s SCBX Bank Canceled Acquisition of Bitkub Exchange
Bitcoin News The exchange needs to resolve issues with domestic watchdogs. It was the first bank in the region when it opened in 1904. Formerly known as Siam Commercial Bank, SCBX Pcl abandoned its pl...
Siam Commercial Bank terminates Bitkup’s acquisition deal
Popular bank Siam Commercial Bank (SCB) has terminated its deal to acquire Thailand’s crypto exchange platform Bitkub. The banking giant announced the development in its latest press release. Siam Com...
Thailand Banking Giant Pulls Plug on Bitkub Acquisition Deal – crypto.news
Thailand’s oldest bank Siam Bank Commercial (SCB) has decided to end plans to acquire a stake in the country’s leading cryptocurrency exchange Bitkub, citing pending regulatory issues. SCBx Ends Share...
Intel’s $30 billion deal for a new acquisition
Intel has entered into a $30 billion financing agreement with Brookfield Asset Management (BAM). This is the first semiconductor co-investment program that will help finance the company’s chip manufac...
Alchemy Announces Acquisition of Ethereum Educational Platform ChainShot
Alchemy, a blockchain development company, has acquired ChainShot, an educational platform. ChainShot provides support to Web3 developers to position themselves in the crypto space. The acquisit...
Web3 infrastructure provider Alchemy snaps up Chainshot, its first acquisition
Alchemy, a web3 infrastructure platform backed by the likes of a16z, Coatue and Lightspeed Ventures, has announced its first acquisition, acquiring Ethereum developer education platform ChainShot. Ch...
Alchemy Snaps Up ChainShot as its First Acquisition
Blockchain infrastructure service provider, Alchemy has announced the acquisition of ChainShot, a crypto education platform to help complement its plethora of crypto-focused offerings. Positioned to s...
Thai Bank SCB Pulls Out of Acquisition of Crypto Exchange…
Thailand’s oldest bank Siam Commercial Bank (SCB) announced that it is abandoning a $500 million deal to acquire cryptocurrency exchange Bitkub. According to a press release, SCB said that it was pull...
Siam Bank Terminates Stake Acquisition Deal With Crypto Exchange Bitkub
Thailand’s oldest bank, Siam Commercial Bank (SCBX), will no longer follow through with its plans to acquire a 51% stake (over $500 million) in local crypto exchange Bitkub. Coinfomania reported last ...
Riot, a Bitcoin Miner on its $349M Acquisition
Impairment Charge for Bitcoin Assets of $99.8 Million In its second-quarter earnings report released on Monday after the close, Riot Blockchain (RIOT), one of the biggest publicly traded bitcoin miner...
FCA okays acquisition of Khyber exchange by Future Fintech Group
Popular blockchain developer, Future Fintech Group, has obtained approval to acquire the Khyber money exchange through its subsidiary in the US. The blockchain leader announced the development in its ...
Robinhood lands steep 60% discount on $170M exchange acquisition: Report
Stock and crypto investment platform Robinhood has reportedly scored a 58% cut on its $170 million offer to buy crypto exchange Ziglu due to adverse market conditions. The initial offer from Robinhood...
Galaxy Digital Terminates Planned Acquisition of BitGo – crypto.news
Galaxy Digital, crypto-focused financial services and investment management giant, has terminated the acquisition deal with major digital assets custodian BitGo, stating that the latter failed to prov...
Analysis of Galaxy Digital’s $1.2bn Acquisition of BitGo
August 16, 2022, 1:23PM EDT • 3 min read Quick Take This is part of The Block Research’s Market Commentary series Galaxy Digital’s $1.2bn acquisition of BitGo has been called off with Galaxy Digital c...
Galaxy Digital terminates BitGo acquisition deal
Galaxy Digital, a virtual asset leader, has terminated its ongoing acquisition deal with the crypto custodian, BitGo. The firm announced the development in a press release on its platform. The termina...