Until FTX collapsed in November, FTX Europe was the only firm offering special crypto derivatives (perpetual futures) to the European market. Reports have emerged that Coinbase considered acquiring FTX Europe after the exchange’s bankruptcy in November. While the acquisition talks were not successful, Coinbase’s interest in FTX Europe underlines how important derivatives have become to Coinbase’s global strategy. Whereas spot trading volumes have dipped significantly, there is a greater...
Read More »LimeWire Acquires BlueWillowAI Following Launch of AI Studio
The step into the world of generative AI seems to be part of LimeWire’s rebranding strategy. Peer-to-peer file-sharing platform LimeWire has announced its acquisition of the popular AI image generation platform BlueWillowAI. The Wednesday announcement comes after the August launch of LimeWire AI Studio, a move into the world of generative AI by a company that was widely known for its popularity in the music piracy scene before being shut down in 2011. BlueWillow was launched in January and...
Read More »Hut 8 Merger with USBTC Greenlighted by Canadian Supreme Court
The merger between Hut 8 and USBTC is not just a significant event within the crypto space, it also holds great promise for investors and the broader financial markets. In a recent development, Hut 8 Mining Corp (NASDAQ: HUT) has received final approval from the British Columbia Supreme Court for its merger with US Bitcoin Corp (USBTC). The Journey to Merger Between Hut 8 and USBTC The merger between Hut 8 and USBTC was first announced in February 2023, marking a pivotal moment in the...
Read More »Arm and Apple Sign Deal That will Last through 2040 and Beyond
The Arm filing confirmed that the deal with Apple will last beyond 2040, while assuring that its relationship with other tech giants continue. Apple (NASDAQ: AAPL) has signed a deal with Softbank’s chip designer firm Arm that will last through 2040 and beyond, according to a filing with the United States Securities and Exchanges (SEC). The filing also states that the consumer electronics giant will have access to some Arm architecture. Arm says it has close partnerships with leading tech...
Read More »Elon Musk Secured $1B Loan from SpaceX amidst Twitter Acquisition
Regarding SpaceX, Musk holds the title of the largest shareholder, with an impressive 42 percent stake. Elon Musk, the visionary entrepreneur known for pushing the boundaries of space exploration and electric vehicles, has once again captured headlines for his audacious financial moves. A recent report from the Wall Street Journal (WSJ) has revealed that Musk secured a substantial loan of $1 billion from SpaceX, around the same time he was finalizing the acquisition of Twitter Inc, which...
Read More »Trustly Acquires SlimPay for Over $75M in European Expansion Bid
CoinspeakerTrustly Acquires SlimPay for Over $75M in European Expansion Bid Trustly acquired SlimPay shortly after launching its data engine - Trustly Azura. Trustly Acquires SlimPay for Over $75M in European Expansion Bid
Read More »BYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business
CoinspeakerBYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business The company said the acquisition is expected to enhance its market share and foster synergy with its existing products, ultimately boosting its overall competitiveness. BYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business
Read More »Microsoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory Challenges
CoinspeakerMicrosoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory Challenges In response to the initial rejection, Microsoft has introduced a new proposal that both companies have mutually accepted. The terms of this agreement have been adjusted to align with the stipulations of the UK Competition and Markets Authority. Microsoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory...
Read More »Securitize Acquires Onramp Invest Extending Tokenized Alts to RIAs
CoinspeakerSecuritize Acquires Onramp Invest Extending Tokenized Alts to RIAs Securitize intends to improve liquidity and transparency by transferring private investments onto public blockchains like Ethereum, Avalanche, Polygon, and Algorand. Securitize Acquires Onramp Invest Extending Tokenized Alts to RIAs
Read More »Mastercard Joins Hands with Ripple on Its CBDC Partner Program
CoinspeakerMastercard Joins Hands with Ripple on Its CBDC Partner Program As part of its CBDC Partner Program, Mastercard has joined hands with prominent CBDC leaders and payment giants to work along with the central banks to bring CBDCs to the market under a regulatory framework. Mastercard Joins Hands with Ripple on Its CBDC Partner Program
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