merger
SushiSwap (SUSHI) Token Price Surges Over 15% After Merger with Yearn.finance
SushiSwap’s SUSHI token has become the best performing asset in the past 24 hours, and the DeFi token has been able to climb nearly 60 percent in a week.
HKEX Executive Director, Chief Executive: The LSEG-HKEX Merger Proposal in Context
HKEX formally announced today its intention to merge with London Stock Exchange Group.
Bitfarms to Acquire Stronghold Digital Mining in $125 Million Deal
Bitfarms will acquire Stronghold Digital Mining in a stock-for-stock merger valued at $125 million, expanding its energy portfolio significantly.
Crypto Mining Firm Primeblock To List via SPAC Merger in $1.25 Billion Deal
PrimeBlock is joining the special purpose acquisition company (SPAC) boom to access more capital via the public market.
Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production
Integrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.
US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval
US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.
Microsoft's OpenAI Investment Faces EU Merger Regulation Scrutiny
The European Commission is investigating Microsoft's investment in OpenAI, a significant partnership since 2019, under the EU Merger Regulation, as part of a larger plan to control tech giants' influence in the AI field, focusing on potential anti-competitive impacts.
Gryphon Digital Mining Cancels to Go Public via Reverse Merger with Sphere 3D
The firms said they terminated the merger plan announced last June because of the current unfavourable market conditions.
Google Merges Teams to Form Google Deepmind for AI Breakthroughs
Google merges its Brain team with DeepMind to create Google DeepMind, a new business unit dedicated to developing AI in a safe and responsible manner. The team aims to accelerate progress in AI breakthroughs and products, with Chief Scientist Jeff Dean leading the development of powerful, multimodal AI models.
Bolt to Acquire Wyre, Speeding up Mainstream Crypto Adoption
Bolt and Wyre Will drive cryptocurrency adoption forward to create more value for customers across the globe.
Crypto Exchange Bullish Plans to Go Public Via SPAC Valued At $9B
Bullish exchange is the latest crypto firm intending to go public through SPAC in a $9 billion deal.
Core Scientific Going Public in $4.3 Billion SPAC Merger
Core Scientific becomes the latest crypto-mining to go public via SPAC.
South Korea Invests in Metaverse Fund for Economic Growth
The South Korean government has invested 24 billion Korean won ($18.1 million) in a fund dedicated to driving metaverse initiatives in the country, with a total fund of more than 40 billion Korean won ($30.2 million). The Metaverse Fund will support the mergers and acquisitions of various firms in the metaverse ecosystem and help domestic metaverse-related companies compete with global players, as the government sees the metaverse as a new economic growth engine.
Binance Exchange Looks to Acquire Outstanding Shares in Swipe
Binance Exchange, the world’s biggest trading platform by volume, is ending its year in grand style, with a recent announcement that it is set to acquire the outstanding shares in Swipe.
Binance Acquired CoinMarketCap: A Huge Boost to the Binance "Super Exchange" Ecosystem
Binance, one of the largest digital asset exchanges in terms of trading volume and users, has officially announced the acquisition of CoinMarketCap for an undisclosed fee. According to the press release shared with Blockchain.News, the acquisition creates synergies for both companies in boosting cryptoassets adoption to global users.
Yearn.finance Announces Partnership With Cream and New Lending Project: Stable Credit
Yearn.finance founder Andre Cronje has recently published details of an upcoming integration with Cream, a DeFi lending protocol.
JP Morgan Looking to Merge its Blockchain Unit Quorum with ConsenSys
JP Morgan Chase & Co has been reportedly in talks with blockchain startup ConsenSys, to merge the former’s blockchain unit, Quorum with the startup.
Bill Gates Confused by Trump’s Terms for Microsoft TikTok Deal, Twitter Reportedly Joins Race
Microsoft may be entering the social media ecosystem should they acquire TikTok, in a deal that Bill Gates is calling a poisoned chalice. Meanwhile, Twitter is now rumored to be in talks with ByteDance—TikTok’s parent company—to potentially reclaim their old video Vines territory.
Worldline and Ingenico Will Merge Creating FinTech Payments Super Giant
French fintech giants, Ingenico and Worldline are merging in a deal worth €7.8 billion to create the fourth largest company in the global financial technologies sector.
Bitcoin Venture Capital Firm Ribbit Capital Files $350 Million Blank Check IPO with SEC
Ribbit Capital, an early Bitcoin VC firm, has filed for a $350 million initial public offering with the SEC leveraging its “blank check” structure.
Bitcoin Bull Market Sentiment Is Sparking New Blockchain Startup Deals
The evolving and promising blockchain applications are emerging in parallel to technological advancements, enhancing customer experience and utilizing digital assets.