Mergers

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Musk Scraps $44B Deal to Buy Twitter, Prompting Board to Threaten Suit
The billionaire believes the number of false and spam accounts counted in the social media platform's monetizable daily active users is "wildly" above 5.%
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The WonderFi team, including a cardboard cutout of Kevin O'Leary, at the firm's recent uplisting to the Toronto Stock Exchange. (WonderFi)
WonderFi Closes Acquisition of Crypto Trading Platform Coinberry
The Canadian crypto firm says it's open to more deals for firms hit by the crypto winter.
The WonderFi team, including a cardboard cutout of Kevin O'Leary, at the firm's recent uplisting to the Toronto Stock Exchange. (WonderFi)

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Gaming Firm Admix Reaches $300M Valuation Following Merger, Rebrand
Admix has teamed up with the metaverse's biggest building company, LandVault, to recruit major brands to the metaverse.
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Wall Street
Crypto SPACs Brace for Cruel Summer With Lower Valuations, SEC Scrutiny
Deals may need to get repriced, an industry investment banker told CoinDesk.
Wall Street

(Greg Pease/Stone/Getty Images)
Bear Market Could See Some Crypto Miners Turning to M&A for Survival
Companies that have already survived the previous down market and have enough capital and a sound business strategy will be able to survive this cycle.
(Greg Pease/Stone/Getty Images)

The GBBC and GDF are to merge, creating a single association of nearly 500 institutional members. (Shutterstock)
Associations for Blockchain Technology, Digital Assets Adoption to Merge
The combined entity, to be named Global Blockchain Business Council, are merging to a 500-member institution, with teams across EMEA and APAC.
The GBBC and GDF are to merge, creating a single association of nearly 500 institutional members. (Shutterstock)

Markets Daily Podcast Cover
Crypto News Roundup for April 20, 2022
With bitcoin trading steady as the real yield in the U.S. remains negative for Main Street and a look at how the Ethereum network’s merge to proof-of-stake won’t solve it’s sc...
Markets Daily Podcast Cover

Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)
Marathon’s Thiel Says Company Not for Sale, as M&A Chatter Picks Up Among Crypto Miners
CoinDesk spoke to the CEOs of Marathon Digital and Bitfarms at last week’s Bitcoin 2022 Conference.
Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)

Gryphon Digital Mining and Sphere 3D are terminating their agreement for a reverse merger. (Getty Images)
Gryphon Digital Mining Ends Plans to Go Public Through Merger With Sphere 3D
The companies agreed to terminate their agreement, which was first announced in June.
Gryphon Digital Mining and Sphere 3D are terminating their agreement for a reverse merger. (Getty Images)

Pudgy Penguins are a collection of 8,888 NFTs with proof of ownership stored on the Ethereum blockchain (OpenSea).
Pudgy Penguins NFT Collection Looks to Next Chapter With $2.5M Sale
The collection of 8,888 digital penguins has been sold to LA-based entrepreneur Luca Netz in a 750 ETH deal.
Pudgy Penguins are a collection of 8,888 NFTs with proof of ownership stored on the Ethereum blockchain (OpenSea).