The acquisition specifically focuses on seed phrase management, though the value of the deal was not disclosed.
This is the second time this month that Yuga Labs has sold what was once considered prime web3 intellectual property.
The stablecoin issuer forked over $9.9 million in cash and approximately 2.9 million fully-vested common shares.
Synthetix and Derive mutually canceled a $27 million acquisition deal under which Synthetix would have acquired Derive.
HeyMint removes the technical expertise needed to create an NFT collection and to grow a community.
The alleged sales talks are happening while the San Fransisco-based startup still pursues a public listing.
The so-called "AWS of blockchain" has acquired Solana infrastructure provider DexterLab used by Google, Chainstack, and the Solana Foundation.
Robinhood generated $141 billion in crypto trading volumes in 2024, while WonderFi generated trading volume of around $2.5 billion.
The $179 million offer by Robinhood Markets represents a 71% premium to WonderFi's 30-day average share price.
The acquisition coincides with Mountain Protocol’s decision to sunset USDM, which has seen its supply constrict to $50 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Nakamoto Holdings and KindlyMD have entered into a merger agreement to start a bitcoin treasury strategy, with David Bailey as CEO.
Hut 8's subsidiary and Trump-backed American Bitcoin plans to go public through a merger with Gryphon Digital Mining.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Earlier today, Coinbase agreed to acquire crypto derivatives exchange Deribit in a record $2.9 billion deal.
The "reverse merger" will allow investors to exchange their bitcoin for equity, a “tax-free” transaction under Section 351 of the U.S. tax code.
The $25 million Series A round was led by New Form Capital, with participation from Joint Effects, Tribe Capital and Ripple, among others.
House Republicans unveil discussion draft of crypto legislation bill, and DeFi Development Corp plans to acquire a Solana validator business for $3.5 million.
The SOL validator business held an average delegated solana stake of about 500,000 SOL, worth around $75.5 million at the time of writing.
Through the acquisition, Scam Alert will become a standalone, non-commercial entity within Crystal Intelligence.
Circle's USDC stablecoin, which is pegged to the U.S. dollar, is the world's second largest stablecoin by supply.
As part of the deal, Coeptis will acquire 9,000 Dogecoin mining machines in exchange for equity in the company.
Twenty One will go public through a SPAC merger with a $3.6 billion BTC treasury, the third-largest among publicly-traded firms.
Securitize has acquired a crypto-centered fund administration company out of the MG Stover for an undisclosed amount.
Binance plans to launch the reward-bearing margin asset LDUSDT for its futures platform and the former Ethereum developer Virgil Griffith gets out of prison on parole.
The move signals Magic Eden's push beyond NFTs and into broader token trading — aiming to compete directly with centralized exchanges.
Riot's pursuit of Bitfarms began nearly one year ago and eventually reached a settlement agreement in September.
The SEC intends to host a round table with Coinbase and other crypto legal rivals, and Ripple plans to acquire Hidden Road for $1.25 billion.
Ripple CEO Brad Garlinghouse claims that the crypto industry is "at an inflection point for the next phase of digital asset adoption."
Republic will fold INX into its operations to bolster its blockchain investment services.