acquisition

Fund Flows to Crypto Companies Decline In 2019

Source Node: https://insidebitcoins.com/news/fund-flows-to-crypto-companies-decline-in-2019/256662
Time Stamp: April 6, 2020 9:39 AM - Modified On: May 21, 2021 - Published By:
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New funds in crypto companies have declined significantly in recent years, but the impact was much larger in 2019. Last year, crypto companies were busy buying each other but overall funding deals and mergers & acquisitions declined.PwC report reveals trendsAccording to a new report by PwC, the mergers & acquisitions in the sector were dominated by crypto companies themselves. Last year, 56% of the acquirers in the industry were crypto-natives themselves and rest came from outside. In 2018, these crypto natives buying each other constituted for only 42% of the

Crypto Community Largely Approves of Binance Acquiring CoinMarketCap

Source Node: https://cointelegraph.com/news/crypto-community-largely-approves-of-binance-acquiring-coinmarketcap
Time Stamp: April 4, 2020 1:31 PM - Modified On: May 21, 2021 - Published By:
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Despite markets all over the world facing ever-worsening economic troubles amid the ongoing coronavirus pandemic, it seems as though the crypto industry has been able to weather the storm, at least thus far. In this regard, Binance — the world’s largest cryptocurrency exchange — has recently reached an agreement to acquire CoinMarketCap, one of the most prominent crypto data websites.The official announcement was made by both companies on April 2, with Binance CEO Changpeng Zhao telling Cointelegraph that CMC and Binance have from the very start been working to make

Binance Shelters Against Job Losses During Global Pandemic

Source Node: https://cointelegraph.com/news/binance-shelters-against-job-losses-during-global-pandemic
Time Stamp: April 3, 2020 6:03 PM - Modified On: May 21, 2021 - Published By:
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While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees.Binance, the world’s largest cryptocurrency exchange, has just announced that it is seeking to hire more than 100 new employees, despite the ongoing economic downturn.In an April 3 tweet, Binance invited people around the world to build a career in the Blockchain space, offering a crucial opportunity to “work from home” as global jurisdictions

Confirmed! Brandon Chez Steps Down as Binance Completes Acquisition of CoinMarketCap

Source Node: https://coinfomania.com/binance-completes-acquisition-of-coinmarketcap/?utm_source=rss&utm_medium=rss&utm_campaign=binance-completes-acquisition-of-coinmarketcap
Time Stamp: April 2, 2020 10:32 AM - Modified On: August 29, 2021 - Published By:
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It all started out as a rumor and many thought it was just another April Fool’s prank, but it is now official. Binance has acquired the largest cryptocurrency data tracking site, CoinMarketCap (CMC), the exchange announced today. The coming together of the largest crypto companies is considered an industry milestone, as it could eventually result in significant opportunities, especially in the area of cryptocurrency data tracking, which will contribute to the growth of the industry. While commenting on the development, the CEO of Binance, Changpeng Zhao (CZ), said that the

Binance Set To Launch A Crypto Mining Pool

Source Node: https://insidebitcoins.com/news/binance-set-to-launch-a-crypto-mining-pool/256185
Time Stamp: April 2, 2020 6:53 AM - Modified On: August 29, 2021 - Published By:
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Binance, one of the world’s top crypto-asset exchanges, has announced that it will further expand its offerings in the crypto finance industry. They will do so through the launch of a new mining pool service.Hiring Professional HelpThe news came out on Wednesday by none other than Binance’s CEO and founder, Changpeng Zhao. Zhao, nicknamed CZ, made the announcement on Twitter that Binance will have mining pools as an addition to its already impressive finance suite, which includes saving, earning, staking, and loans already.As it stands now, Binance has reportedly hired