Circle and Coinbase Collaborate to Transform USDC Stablecoin Governance
Circle CEO Jeremy Allaire and Coinbase CEO Brian Armstrong have issued a joint statement to change the USDC stablecoin governance scheme. As part of the new agreement, Coinbase is acquiring a stake in Circle, which in turn will take over the issuance and management of USDC. The Center consorti ...
Ripple Acquires Stake in Pantera Capital from Bitstamp in Strategic Move
Cryptocurrency payment system platform Ripple acquired a stake in Pantera Capital from cryptocurrency exchange Bitstamp. This was reported by Galaxy Digital, which was involved in the deal. The Galaxy Digital team clarified that it advise ...
Ripple Acquires Swiss Crypto Storage Provider Metaco for $250 Million
Ripple acquired Swiss startup Metaco, which provides cryptocurrency storage services. The amount of the deal was $250 million. The purchase was a key part of the company's strategy to expand outside the U.S. in the face of regulatory uncertainty. In addition, the compa ...
Binance’s Takeover of Voyager Digital Gets US Government Approval
As per Voyager's recent announcement, an agreement has been reached between the Unsecured Creditors Committee, the US government, and Binance, which will allow the US division of Binance to proceed with its acquisition of Voyager. The Voyager Digital Unsecured Creditors Committee has informed its ...
Binance’s Acquisition Talks with CoinDesk Disrupted by Reporter Resignation Concerns
According to sources at Blockworks, it has been reported that Binance Capital is looking to acquire CoinDesk by leveraging the platform of CoinMarketCap. Representatives from CoinMarketCap, acting on behalf of Binance Capital, have reached out to the CoinDesk news site to initiate talks about a p ...