Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin mining industry. Riot has already acquired a 9.25% stake in Bitfarms…
Renowned whistleblower Edward Snowden has made a bold prediction on X today, suggesting that a national government will enter the Bitcoin market this year by purchasing BTC. JUST IN: Edward Snowden predicts "A…
Key Takeaways Polygon nearly equaled Ethereum in the 2023 user acquisition, signaling a significant shift in blockchain user preferences. The top five networks for user acquisition were Ethereum, Polygon, Bitcoin, Solana, and Arbitrum,…
Digital asset manager CoinShares announced securing an exclusive option to acquire Valkyrie Funds – the exchange-traded fund (ETF) division of Valkyrie Investments. The strategic acquisition option represents the next phase of CoinShares’ penetration…
Ripple brushes Fortress Trust acquisition plans off the table. Just weeks after announcing plans to buy Fortress Trust to broaden its US licensing portfolio, fintech leader Ripple has unexpectedly backed out of the…
MicroStrategy, the leading public corporation in terms of bitcoin holdings, has once again demonstrated its aggressive bitcoin acquisition strategy. The company recently announced the purchase of an additional 12,333 BTC for approximately $347.0…
The acquisition means Pocket Bitcoin now has its own in-house wallet app for users looking to buy bitcoin using the service. Swiss-based non-custodial bitcoin-exchange Pocket Bitcoin has acquired popular bitcoin wallet app Bitkipi,…
On Apr. 3, blockchain technology platform Bakkt announced that it completed its acquisition of Apex Crypto LLC. Previously, in November 2022, Bakkt stated it would pay $55 million in cash and stock, worth…
In a move to expand its business, Seychelles-based crypto exchange Bitget has invested $30 million in the decentralized BitKeep multi-chain wallet, acquiring a controlling stake. This investment allows Bitget to broaden its range…
Vauld rejected a renewed takeover proposal by crypto finance firm Nexo, citing concerns with the company’s financial health. According to The Block, Vauld “unanimously” rejected Nexo’s proposal, with one Vauld creditor stating that…
The emergence of Web3 technologies has brought Web2-based companies to consider amendments to their current products and services. Many leading brands are using Web3 technologies such as nonfungible tokens (NFTs) to promote their…
BitGo followed through with its intentions and sued Galaxy Digital. BitGo, an institutional digital asset platform established in 2011, has filed a lawsuit against crypto-focused financial service company Galaxy Digital. According to the…
After calling off the acquisition, BitGo is determined to take Galaxy Digital to court. BitGo, a California-based institutional digital asset platform established in 2011, announced its plans to take Galaxy Digital, a crypto-focused…