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Singaporean VC firm Foresight Ventures buys 80% stake in The Block

Foresight Ventures, a Singapore-based investment firm, has bought a majority stake in crypto media company The Block, purchasing an 80% stake at $60 million. This strategic acquisition comes almost a year after the collapse of FTX and Alameda Research, from the latter of which The Block’s previous CEO, Mike McCaffrey, had borrowed several million dollars. дальше »

2023-11-13 20:45


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FTX in Advanced Talks with Bidders to Relaunch Crypto Exchange

Prices for FTX Group claims have seen a significant boost in value as the company enters advanced talks with potential bidders to resurrect its shuttered crypto exchange.  On Wednesday, Cherokee Acquisition, a firm specializing in brokering bankruptcy claims, reported a surge in FTX Group claim prices, with quotes ranging between 50 and 53 cents on […] дальше »

2023-11-8 19:31


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Bitcoin accumulation hits highest level since July, signaling bullish trend

Quick Take The Accumulation Trend Score, a metric indicating the relative size of entities actively accumulating Bitcoin, has signaled a shift. This indicator evaluates on-chain Bitcoin holdings, factoring in the size of an entity’s balance (participation score) and their recent acquisition or selling activity (balance change score). дальше »

2023-10-19 11:50


Ripple CEO Drops Acquisition Bombshell: Fortress Trust Deal Off The Table

In a surprising turn of events, Ripple CEO Brad Garlinghouse announced that the company has decided to abandon its direct acquisition of financial institution Fortress Trust.  The decision marks a significant departure from Ripple’s earlier intention to acquire the firm, as they had signed a letter of intent just a few weeks ago.  However, Garlinghouse […] дальше »

2023-9-28 22:30


FTX Bankruptcy: Documents Show Coinbase Explored A Potential Acquisition

Recent documents have shown the San Francisco-based crypto exchange Coinbase had explored a potential acquisition of the European subsidiary of bankrupt crypto exchange FTX. Coinbase Shows Interest In Acquiring FTX Europe Reports from Fortune show that the crypto exchange Coinbase was interested in acquiring FTX Europe after its parent company FTX went bankrupt in November […] дальше »

2023-9-25 19:00


Immutable X (IMX) Whale Activity Reaches All-Time High: $18M in Tokens Secured in 24H—A Precursor to Another Price Surge?

A whale wallet associated with the Immutable X (IMX) blockchain has accumulated over $18 million worth of the IMX token. This massive acquisition was tracked by observing large transfers of the token from cryptocurrency exchanges Kraken and Coinbase to the whale’s wallet address. дальше »

2023-9-22 16:30


Hodlnaut Refuses OPNX’s $30 Million Offer After FLEX Token Declines By 90%

According to the latest report, the interim judicial managers of beleaguered crypto lender Hodlnaut have rejected the latest acquisition bid proposed by OPNX. The OPNX exchange, affiliated with the founders of collapsed hedge fund Three Arrows Capital (3AC), offered to buy a significant 75% ownership stake in troubled Hodlnaut in August 2023. дальше »

2023-9-20 03:30


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SHIB Frenzy: Robinhood’s 35 Trillion Token Acquisition Sparks Speculation Of Imminent Price Surge

In a bold move amidst the cryptocurrency market’s recent volatility, US-based trading platform Robinhood has significantly increased its Shiba Inu (SHIB) tokens holdings.   Despite the native token of the Shiba Ecosystem experiencing a downturn, Robinhood has added over 800 billion SHIB tokens to its portfolio. дальше »

2023-9-15 04:00