Ripple set for growth after $50 million settlement with Securities and Exchange Commission (SEC) This agreement represents an inflection point for the company, allowing it to further invest in key strategic acquisitions and growth initiatives.Ripple can now proceed toward the finalization of its acquisition of Hidden Road, a deal that’s...
Flashy Finance is entering the crypto space with a bang after its surprise acquisition of meme coin Funny Till U Die. This move isn't just about adding a comedy brand to their portfolio; it's a strategic play to integrate decentralized finance (DeFi) into entertainment platforms, making finance more accessible and...
Metaplanet Inc., the family office of Bitmain co-founder Jihan Wu, has tripled down on Bitcoin, adding 319 BTC to its balance sheet. Metaplanet recently sold out with a ¥140,592,340 ($974,153) average purchase price per the cosmos coin. With this most recent transaction, their aggregate Bitcoin reserves have risen to 4,525...
Slingshot has been successfully acquired by Magic Eden! This trading application enables users to freely trade tokens using a single universal USDC balance. As part of the acquisition, Slingshot’s technology will be fully integrated into Magic Eden to provide users with a wider range of fiat-to-crypto options and AI-assisted trading...
As NFT marketplace Magic Eden heads into 2023, the ambitious startup is making a play. They were behind the recent purchase of Slingshot, one of the premier crypto trading apps. This acquisition is the beginning of a profound change in the digital asset trading landscape. It’s possible it could change...
Magic Eden, the largest non-fungible token (NFT) marketplace by volume, has acquired Slingshot, it said Thursday. This ambitious move is a strong signal of Bitfinex’s intent to compete head-to-head with centralized exchanges. The acquisition brings in an experience-first approach for users to buy and sell crypto seamlessly across the web3....
Magic Eden is another Solana-based NFT marketplace that made $75 million revenue in 2024. Earlier this month, they purchased Slingshot, a trading app designed to make cryptocurrency exchanges faster and less costly. The acquisition signals Magic Eden's intent to expand its reach beyond Solana and compete with centralized crypto exchanges...
Okay, Magic Eden bought Slingshot. Big deal, right? Another day, another acquisition in the unregulated speculative land grab that is crypto. Everybody’s yelling about multi-chain utopia, easier cross-chain trading, disintermediating the evil, nasty CEXs (centralized exchanges). Hold your horses for a second. Are we certain this is an advance, or...