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acquisitions

CDCROP: CEO Simon Dixon (BnkToTheFuture)
Online Investing Platform BnkToTheFuture to Buy Crypto Lender Salt Lending
The platform also plans to work with companies in financial distress.
CDCROP: CEO Simon Dixon (BnkToTheFuture)

Twitter hack
Elon Musk Sends Second Letter Terminating Twitter Acquisition
The letter follows one sent July, in case the earlier one is deemed invalid, according to a filing.
Twitter hack

CDCROP: Jakarta, Indonesia (Shutterstock)
Indonesia's Biggest Tech Firm Enters Crypto With Purchase of Local Exchange: Report
GoTo Gojek Tokopedia bought Kripto Maksima Koin for 124.84 billion rupiah ($8.38 million).
CDCROP: Jakarta, Indonesia (Shutterstock)

Siam Commercial Bank dropped its plan to acquire Bitkub (Weerasak Saeku/GettyImages)
Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange
Thailand’s oldest bank said Bitkub Online needs to resolve various issues at the request of Thailand’s Securities and Exchange Commission.
Siam Commercial Bank dropped its plan to acquire Bitkub (Weerasak Saeku/GettyImages)

Zac, prince, blockfi
FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals
FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk.
Zac, prince, blockfi

Balloons in a blue sky.
Helium Developer Nova Labs Buys FreedomFi to Accelerate Push Into Mobile Service
As part of the acquisition, FreedomFi team members will join Nova Labs to lead the network's expansion.
Balloons in a blue sky.

Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)
Bitcoin Miner PrimeBlock Cancels Listing Plans, Terminates $1.25B Merger With 10X Capital
The two firms terminated their agreement, which would have allowed Prime Blockchain to go public, by mutual consent on Aug. 12
Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)

Dragonfly
Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital
The fund has over $400 million in assets under management, according to Bloomberg.
Dragonfly

Mike Novogratz Galaxy
Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo
The $1.2 billion deal was announced May 2021 and was expected to close by the end of that year.
Mike Novogratz Galaxy