Sam Bankman-Fried, chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, Dec. 8, 2021....
Tag: Deal
What’s Protocol Monetary Trade Policy, and Why Is it Such a Big Deal?
Innovations that push boundaries tend to generate buzz before they’re fully adopted by the broader DeFi community. Protocol Monetary Trade Policy is the newest one on the horizon. It’s already conside...
Canopy Growth shares fall after it agrees to convert debt into stock in deal with Constellation Brands
Canopy Growth Corp. CGC, -16.29% WEED, -17.37% fell 17% in premarket trades on Thursday after the company said it reached an agreement with Constellation Brands Inc. STZ, -4.36% to convert about $198 ...
FTX Passed on Deal to Purchase Celsius Due to Deficient Balance Sheet: Report
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VTB sealed the first deal with digital financial assets in Russia
VTB Factoring, a subsidiary of Russia’s state-owned bank, reported the first major deal with digital finance assets. As part of the deal, the bank subsidiary acquired a tokenized debt pool of the engi...
After Trade, The Knicks Can Offer Jalen Brunson A 4-Year Deal Worth Close To $110 Million
SAN FRANCISCO, CALIFORNIA – MAY 18: Jalen Brunson #13 of the Dallas Mavericks celebrates a basket … [+] against the Golden State Warriors during the second quarter in Game One of the 2022 ...
Kevin Hart Extends Media Omnipresence Into Animation, Web3, NFTs With Roku Originals Deal
(NFT images courtesy of Hartbeat) If it seems like Kevin Hart is pretty much everywhere there’s media, it’s because he mostly is everywhere, though until now he hadn’t ventured into the Metaverse or N...
Blackstone dealt legal setback after $5bn low-income housing deal
Blackstone has suffered a legal setback in a dispute with housing non-profits that are trying to seize some of the apartment buildings it bought for $5.1bn from AIG last year. The world’s biggest priv...
Unilever reaches deal to keep selling Ben & Jerry’s ice cream in Israel
Consumer products giant Unilever said it reached a deal that will let its Ben & Jerry’s ice cream continue selling in Israel. The company said Wednesday that it sold the Israeli branch of th...
Circle inks custody deal with New York Community Bancorp
USD Coin (USDC) issuer Circle has partnered with New York Community Bancorp in a deal that will see the bank’s subsidiary, New York Community Bank, become a custodian for the stablecoin’s reserves, Ci...
Robinhood isn’t desperate to do a deal with anyone: Analyst
The dismal performance of Robinhood’s stock price since its overhyped IPO in 2021 and its founders’ ownership structure suggests a buyout deal with FTX or anyone else may not happen soon. ...
CoinFLEX To Roll Out $47 Million Recovery Token To Deal With Withdrawal Problems
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Unizen Announces $200 Million Capital Commitment Deal From Global Emerging Markets (GEM)
Crypto exchange aggregator Unizen has today successfully acquired a $200 million capital commitment from Global Emerging Markets (GEM) in a bid to bolster innovation on the platform. The funding, whic...
FTX exploring a deal to buy Robinhood: Bloomberg report
The cryptocurrency exchange FTX is reportedly considering a deal to acquire digital trading platform Robinhood (HOOD), Bloomberg reported Monday, citing unnamed people familiar with the deal. Robinhoo...
Trump SPAC deal threatened by criminal probe
Former U.S. President Donald Trump applauses during the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 27, 2022. Shannon Stapleton | Reuters A federal criminal investi...
Crypto Broker Voyager Issues Notice of Default to 3AC Over $670M Loan Deal
US-based cryptocurrency brokerage platform Voyager Digital announced on Monday that it had passed a notice of default to the insolvent hedge fund company, Three Arrows Capital (3AC). The public notice...
How This Ethereum Platform Was Attacked And Made A Deal With The Hacker
Ethereum lending platform XCarnival confirmed a bad actor stole $3.8 million or 3,087 ETH. According to a report from on-chain security firm Peck Shield, a hacker exploited a vulnerability on the prot...
California Tentative Deal Offers Up to $1,050 Gas Price Relief
(Bloomberg Law) — California families would get as much as $1,050 to offset rising gas prices and inflation under a tentative agreement between Gov. Gavin Newsom and Democrats in the Legislature...
Will A Bernie Williams-Esque Last-Second Deal Be Enough To Make Aaron Judge This Era’s Derek Jeter?
NEW YORK, NEW YORK – JUNE 23: Aaron Judge #99 of the New York Yankees celebrates his ninth inning … [+] game winning base hit against the Houston Astros at Yankee Stadium on June 23, 2022 ...
Binance receives numerous deal proposals amid market downturn, CEO Zhao says
CORRECTION (7:00 p.m. EST): This report originally misquoted Binance CEO Changpeng Zhao as to the number of pitches Binance has received. The Block regrets the error. Binance is examining dozens of pr...
Merck Pushes Forward With Potential Deal for Seagen
Merck & Co. is pushing forward with a potential deal for biotech Seagen Inc., according to people familiar with the matter, in what would be one of the largest takeovers of the year. The Wall Stre...
Spirit Airlines Sticks With Frontier Deal After Sweetened Offer
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Binance Collaborates With Football Star Cristiano Ronaldo in a new NFT deal
Cristiano Ronaldo, a famous Portuguese footballer has established an exclusive non-fungible token (NFT) collaboration With cryptocurrency exchange Binance. Binance made the multi-year arrangement publ...
New England Patriots Reportedly Revise David Andrews’ Deal To Finish Signing 2022 Draft Class
New England Patriots center and captain David Andrews had signed a four-year, $19 million contract … [+] in 2021. (AP Photo/Zach Bolinger) ASSOCIATED PRESS Three New England Patriots draft picks...
SEC Chair Seeks Formal Deal With the CFTC for Crypto Regulation Gary Gensler Seeks Formal Deal with CFTC for Crypto Regulation
US Securities and Exchange Commission (SEC) Chair Gary Gensler has sought a formal cooperation between financial agencies to regulate the crypto assets effectively. One Rulebook for Crypto Trade Accor...
Binance Taps Cristiano Ronaldo For New NFT Deal
While many major firms in the crypto atmosphere have been facing a various bear market challenges, Binance is seemingly taking an aggressive stance and signing a new talent deal with soccer star Crist...
Zendesk Close to Striking Buyout Deal, Sources Say
Zendesk Inc. is close to a deal with a group of buyout firms, according to people familiar with the matter, resurrecting a failed attempt to sell itself in what would be one of the biggest private-equ...
Broadcom’s $69bn VMware deal set for lengthy EU antitrust investigation
Broadcom’s $69bn acquisition of cloud software company VMware is set for a lengthy antitrust investigation in Brussels over regulatory concerns that the deal will harm competition across the global te...
Crypto Payment Firm Roxe Plans to Go Public via $3.6B SPAC Deal With Goldenstone
Global blockchain payments infrastructure firm Roxe Holding has signed a merger agreement with New York-based special purpose acquisition company (SPAC) Goldenstone Acquisition Limited. Roxe Plans to...