Search Results for: Merge

Nukkleus Reports Year End Financial Results and Continues Focus on SPAC Merger with Brilliant Acquisition Corp.

NEW YORK–(BUSINESS WIRE)–Nukkleus Inc (OTC: NUKK) (“Nukkleus”) filed its annual report on Form 10-K for the year ended September 30, 2022, with the Securities and Exchange Commission and continues to focus its efforts on completing its previously announced merger with Brilliant Acquisition Corp. (Nasdaq: BRLI) (“Brilliant”). The financial results demonstrate

April 18, 2023 6 mins read

XRP Emerges as the Only Altcoin to Surge

Ripple’s native token, XRP, has maintained a positive incline over the past few days. Microeconomy is growing and competing with the influence of macroeconomy. We can witness this with the stabilization of Bitcoin (BTC). But not every cryptocurrency is undergoing a positive change. Some are in oscillating motion too. When

April 7, 2023 1 min read

Blur Emerges as a Competitor to NFT Market Leader OpenSea

The world of Non-Fungible Tokens (NFTs) constantly evolves, with new marketplaces and platforms emerging. Recently, one platform has been making waves in the NFT space, overtaking the long-standing NFT market leader, OpenSea. Blur is a relatively new player in the NFT marketplace, launched on October 19, 2022. However, it has

April 5, 2023 2 mins read

KuCoin Emerges as Top Performer: Recognized with Highly Commended Award in Finder’s 2023 Global Cryptocurrency Trading Platform Awards

~KuCoin commended as a best global crypto investment platform by Finder’s 2023 Global Cryptocurrency Trading Platform Awards~ VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin, a top 5 global cryptocurrency exchange, has been picked as a “Highly Commended” global exchange in the “overall” category by the Finder’s 2023 Global Cryptocurrency Trading Platform Awards panellists. The

April 4, 2023 3 mins read

Fugitive Thodex Exchange Founder Extradited Back to Turkey From Albania

Crypto Exchange WonderFi, Coinsquare and CoinSmart Announce Merger

One of the most comprehensive cryptocurrency trading platforms in the world may soon be a joint venture of three Canadian cryptocurrency exchanges: WonderFi, Coinsquare, and CoinSmart. The newest crypto news pertaining to the merger is that the three companies will serve 1.65 million consumers and have over $600 million in

April 4, 2023 1 min read

Halo Wallet Emerges as the Ultimate SocialFi Ecosystem With a Fresh Round of Funding and Rebranding From KuCoin Wallet

VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin Wallet is excited to announce that it has officially rebranded as Halo Wallet. The new name and brand identity reflect the wallet’s commitment to providing users with a more comprehensive experience in the SocialFi ecosystem. With the support of KuCoin Ventures, IDG, HashKey Capital and other Web3

April 3, 2023 3 mins read

UBS Group to Fire 36,000 Employees Post Credit Suisse Merger

There was a tremendous upheaval in the technology industry in the United States in 2023, with over 60,000 people losing their employment in layoffs in only the month of January. Google, Microsoft, Amazon, and Salesforce, all major heavyweights in the tech industry, have announced large-scale layoffs for 2023. Last month,

April 3, 2023 1 min read

Merger Between Credit Suisse Bank and UBS Group Reportedly on the Cards

Recent sources indicated that the historic merger deal between Credit Suisse and UBS Group would be concluded as early as Saturday evening. The Swiss National Bank and the Swiss Financial Market Supervisory Authority FINMA, Switzerland’s central bank and financial regulator, reportedly saw this merger as their sole option to avert

March 18, 2023 1 min read

Brazil’s BTG Pactual Investment Bank Launches USD-backed Stablecoin

MakerDAO Devises Emergency Plan To Safeguard DAI Stablecoin

MakerDAO has developed a contingency strategy to shield its native stablecoin DAI from additional exposure to potentially unstable stablecoins. Amidst the volatility that has plagued the crypto market over the last twenty-four hours. Especially with USDC depegging from its $1 value. And mounting fears over the degree to which it

March 12, 2023 2 mins read

Emergency Action Filed Against BKCoin Over $100M Fraud by SEC

For masterminding a $100M crypto fraud scheme, the U.S. Securities and Exchange Commission (SEC) stated Monday that it had filed an “emergency action” against Miami investment advisor BKCoin and one of its owners, Kevin Kang. “It successfully obtained an asset freeze, the appointment of a receiver, and other emergency relief,”

March 7, 2023 1 min read