M&A – DIGIT INFO

Pro-Crypto Lawyer John Deaton Enters Senate Race to Challenge Elizabeth Warren

DIGIT — Tue, 20 Feb 2024 23:00:31 +0000

Cryptocurrency advocate John Deaton has formally announced his candidacy for the Senate in Massachusetts, setting his sights on unseating the current Democratic Senator Elizabeth Warren from her position. “I’m excited for the opportunity to fight for change, and for the people of Massachusetts in the United States Senate,” Deaton wrote on Tuesday. Deaton vs. Warren: […]

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BTC miner CleanSpark on the hunt for further crypto miner fire sales

DIGIT — Fri, 10 Feb 2023 03:50:20 +0000

The mining firm is not fearful of the bear market and plans to “pick off infrastructure and assets at good deals” this year.

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FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate

DIGIT — Wed, 18 Jan 2023 15:00:52 +0000

On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with the bankruptcy case’s committee of unsecured creditors to share […]

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Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom

DIGIT — Tue, 27 Dec 2022 19:30:21 +0000

As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover, analysts note that most […]

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Ripple Labs Is ‘Interested’ in Bankrupt Crypto Lender Celsius and Its Assets, Company Spokesperson Says

DIGIT — Thu, 11 Aug 2022 08:30:55 +0000

According to a Ripple Labs spokesperson, the distributed ledger company is interested in learning about the bankrupt crypto lender Celsius and its assets. When Ripple’s spokesperson was asked if the blockchain firm was interested in acquiring Celsius, the company declined to say. The news follows Celsius customers begging the bankruptcy court to release funds over […]

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E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin

DIGIT — Thu, 23 Jun 2022 19:30:27 +0000

The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s tech-led reimagination.” Ebay Purchases NFT Marketplace in Order to Make E-Commerce Site the World’s Top Destination for Collectibles Ebay revealed on Wednesday that the company ... Read more

Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions

DIGIT — Sun, 05 Jun 2022 18:00:07 +0000

While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth opportunities and despite the crypto economy’s downturn, Garlinghouse spoke about future mergers and acquisitions. ‘I Think We’re More Likely to Be the Buyer,’ Ripple Labs CEO Brad Garlinghouse Said During an Interview in Davos Just recently, […]

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Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty

DIGIT — Wed, 21 Jul 2021 21:00:55 +0000

On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to “extreme fear” in the market. Despite being a scary term, the time is usually the best time to […]

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Crypto M&A Deals Set a New Record in 2020, Surging to $1.1 Billion

DIGIT — Wed, 31 Mar 2021 10:30:23 +0000

The cryptocurrency bull run has been the most notorious headline highlighted in the last few months, but more figures are being watched beyond bitcoin prices. A new report released by Pricewaterhousecoopers (PWC) revealed that crypto merger and acquisition (M&A) deals skyrocketed in 2020. 2021 Is on Track to Surpass Last Year’s Numbers, PWC Says Quoted […]

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Free TON and Dune Network to Merge Following Successful Vote, Free TON Gains Top Researchers

DIGIT — Tue, 09 Feb 2021 15:10:10 +0000

Free TON is a community driven blockchain network with a focus on decentralized governance based on the open-source TON project which was previously developed by Telegram. Dune Network is a platform for distributed applications over a blockchain, focused on safety and security. The two groups will now begin to merge following a successful vote for […]

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