Crypto security company Kerberus has acquired Refract, the makers of an anti-fraud browser extension for wallets, in a seven-figure deal.
The Wormhole Foundation is looking to counter an offer made by cross-chain messaging rival LayerZero to purchase Stargate.
Operations and development for StakedHYPE move to Valantis Labs; StakedHYPE founder Addison Spiegel joins Valantis as an advisor.
The Trump Jr.-backed Thumzup raised $50 million in July in a common stock offering to purchase tokens and invest in crypto mining.
Chamath Palihapitiya's latest special purpose acquisition company, American Exceptionalism, could take a DeFi company public.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase completed its acquisition of Deribit, positioning it as the global leader in crypto derivatives by open interest and options volume.
If the deal moves forward, MARA will pay $168 million in cash to secure a 64% stake in Exaion, the data firm with a foot in AI.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Rumble announced its intent to acquire Northern Data in an all-stock transaction, with the deal valued at approximately $1.17 billion.
Two Seas Capital described the valuation as "inadequate" and urged other Core Scientific shareholders to also oppose the deal.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ripple will buy payments platform Rail for $200 million, adding 10% of global stablecoin payment flow to its network as U.S. regulations mature.
The move follows an abundance of companies engineering ways to pursue the Bitcoin treasury model pioneered by Michael Saylor's Strategy.
President Trump's eldest sons have an approximately 20% stake in American Bitcoin through American Data Centers.
The crypto wallet provider said to "expect more strategic acquisitions" as the company looks to expand its reach.
Polymarket says it's coming back to the U.S. in buying derivatives exchange QCEX after a federal investigation was dropped.
ENA is trading at $0.52, up over 6% on the day. The token hit an all-time high of $1.52 in Decemeber 2024.
The Ether Machine will merge with SPAC Dynamix to list on Nasdaq as ETHM, bringing 400,000 ether via $1.5 billion in committed capital to public markets.
The acquisition aims to expand dYdX’s product into social and user-driven trading features as it looks to scale.
Talos has acquired the blockchain data provider Coin Metrics in a deal closed at over $100 million, according to a source familiar.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Earlier this month, Ondo Finance and fund manager Pantera Capital said they plan to invest $250 million in real-world asset projects.
Hyperliquid Strategies is expected to hold 12.6 million HYPE tokens and $305 million in cash at closing of the deal.
Opyn CEO Andrew Leone and head of research Joe Clark will join the markets team and help expand the exchange's Verified Pools feature.
The move marks the popular memecoin generator’s first acquisition and comes days ahead of the platform's much-anticipated ICO.
Following the acquisition, Portal co-founder and CEO Raj Parekh will join the Monad Foundation as Head of Payments and Stablecoins.
Coinbase will act as a custodian and executives from Galaxy, Kraken, Pantera, and more have participated in funding.
CoreWeave has entered into a definitive agreement to acquire Core Scientific in an all-stock deal worth about $9 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.