Auto Added by WPeMatico

Binance Proof-of-Reserve pledge gains support following FTX crisis

The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures.

Continue ReadingBinance Proof-of-Reserve pledge gains support following FTX crisis

CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction

After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked…

Continue ReadingCZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction

Friday after-work drinks with Twitter’s new owner Elon Musk, who’s in?

After Elon Musk signaled his intention to continue the deal to buy the social media platform earlier in October, reports are emerging that the acquisition is almost over.

Continue ReadingFriday after-work drinks with Twitter’s new owner Elon Musk, who’s in?

Further BTC mining consolidation as Crusoe acquires peer mining firm

Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead.

Continue ReadingFurther BTC mining consolidation as Crusoe acquires peer mining firm

Bitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7 Exahash

On October 11, the publicly-listed bitcoin miner Cleanspark announced that it has completed the acquisition of Mawson Infrastructure Group’s Georgia-based bitcoin mining facility. Following the acquisition, Cleanspark says it now…

Continue ReadingBitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7 Exahash

NYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition

According to reports, Tesla’s Elon Musk now plans to purchase Twitter Inc. for the original asking price of $54.20 a share. Twitter’s shares surged following the news and climbed nearly…

Continue ReadingNYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition

Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre

California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes…

Continue ReadingPayments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre

Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors

Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto…

Continue ReadingSingapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors