
FTX Reportedly to Acquire BlockFi for $25M in a Fire Sale
Struggling digital assets lending company, BlockFi may be selling out its remaining assets worth more than $4.5 billion for just $25 million to FTX cryptocurrency exchange.
Struggling digital assets lending company, BlockFi may be selling out its remaining assets worth more than $4.5 billion for just $25 million to FTX cryptocurrency exchange.
Countering rumors of a possible acquisition, FTX CEO Sam Bankman-Fried said the exchange may partner with Robinhood Markets (NASDAQ: HOOD).
Morgan Creek Digital, a cryptocurrency investment firm, is reportedly in talks with potential investors as it seeks to raise funds to counter FTX’s proposed bailout of crypto lender BlockFi.
The first NFT collection of Ronaldo will start selling on Binance later this year.
The recent collaboration will help the Cardano Foundation to take further its goal of driving the adoption of blockchain technology to a vibrant open-source community.
eBay purchased KnownOrigin as part of an exciting plan to merge both companies’ strengths, creating an NFT and digital collectibles giant.
Roxe is eyeing Nasdaq listing and so it has entered into a merger with SPAC.
Earlier, Twitter gave Musk access to a “firehose” of data including every tweet posted on the platform, in order to enable him to independently verify levels of bot activity.
Since both Deloitte and NYDIG have been attracted to Bitcoin, their partnership is expected to speed up blockchain adoption while ensuring compliance with the existing crypto regulation.
FTX US has steepened its relationship with Embed Financial via an acquisition deal to help the exchange offer traditional securities.
For months after the initial bid to acquire social media giant Twitter was submitted by Elon Musk, the deal is still pending as several roadblocks are currently holding the transactions backward.
The combination of TinyTap and Animoca Brands will build a community where education content creators will genuinely own their content.
In addition to all MLS and Leagues Cup matches, the service will provide a new weekly live match whip-around show, game replays, highlights, and analysis, as well as original programming at zero cost.
Circle wants to use the extensive suite of blockchain services provided by Cybavo for features such as multichain NFT minting.
Top Twitter executives plan to organize a shareholder vote no later than August for opinions on the Musk acquisition deal.