Day: December 14, 2020

Electronic Arts Reaches Agreement with Codemasters in $1.2B Takeover

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The Electronic Arts deal with Codemasters involves a whopping amount of around $1.2 billion which outweighs the $973.01 million offered by Take-Two.  Electronic Arts Inc (NASDAQ: EA) has submitted a knockout offer and reached an agreement with Codemasters Group Holdings Plc (LON: CDM) in a deal worth $1.2 billion according to multiple reports. Codemasters, the developer of racing games including Dirt 5, the Grid Franchise, and others had previously reached an agreement with the Take-Two Interactive Software for the takeover. However, some of their fund managers expressed their dissatisfaction with…

Swiss crypto bank Sygnum tokenizes shares and prepares for public offering

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Sygnum, a major cryptocurrency bank in Switzerland, has successfully tokenized its shares on a blockchain in preparation for its upcoming public sale. According to an official Dec. 14 announcement, the bank tokenized its shares on the Ethereum blockchain using a proprietary tokenization platform called Desygnate. The blockchain-based platform issues digital representations of shares and associated legal rights and obligations on a distributed ledger, providing an alternative to traditional capital raising options like an initial public offering, or IPO. in late November 2020, the platform is designed to be fully compatible…

URGENT VIDEO!!!! HUUUUUUGE BITCOIN BREAKOUT TODAY!!!!!!!!!!!!!!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 📺 New Bybit Tutorial: BITCOIN TODAY: In this video, I’ll go through the Bitcoin news today & I’ll make a Bitcoin price analysis. The BTC news & analysis can be inspiration for your own Bitcoin trading or investing, but is NOT financial advice. On this channel, The Moon, I make 1 video every single day about crypto news & Bitcoin. I’ll always include professional Bitcoin technical analysis, to make a Bitcoin price prediction, and I’ll also show you the most relevant news…

AstraZeneca $39B Acquisition of US biotech Alexion Is Well-Thought Move

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As part of the massive $39 billion deal, AstraZeneca has agreed to pay a whopping 45% of the share price of Alexion. As per analysts, this could be a win-win situation for both companies. British pharmaceutical giant AstraZeneca Plc (LON: AZN) has announced one of its largest acquisitions in history. Last Saturday, December 12, the British drugmaker announced its acquisition of US biotech Alexion Pharmaceuticals. The deal closed for a massive $39 billion all in cash and stock. AstraZeneca has been one of the leading forerunners in finalizing the COVID-19…

Founder of DeFi protocol Nexus Mutual gets hacked for $8M

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An unknown attacker stole $8 million from the personal wallet of Hugh Karp, the CEO of DeFi coverage platform Nexus Mutual. According to a disclosure by Nexus Mutual, the funds were drained on Monday morning UTC by compromising Karp’s personal device. The hacker reportedly managed to install a compromised version of MetaMask that tricked Karp into signing a transaction that redirected all his NXM tokens to an attacker-controlled address. The loot amounts to 370,000 NXM, worth $8.2 million as of press time. The hacker already began converting the tokens to Ether…

Bitcoin Exchanges Flood London’s Metro With Adverts

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“If you’re seeing bitcoin on the Underground, it’s time to buy,” according to one of the many posters now plastered across London’s vast metro network. In fact, two cryptocurrency exchanges chose to kick off advertising campaigns with Transport for London (TFL) on Monday.  Coinfloor, the U.K.’s longest-running exchange, launched a mix of large digital billboards and posters across London’s main tube stations. Meanwhile, Luno, the crypto exchange recently acquired by Digital Currency Group (also the owner of CoinDesk), combines its London Underground ads with 650 Greater London buses and a…

Polkastarter launches initial DEX offerings with fixed price tokens

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Polkastarter, a decentralized exchange on the Polkadot platform, is launching a mechanism for crowdfunding, with several projects lined up to offer token sales through the platform. Through a so-called “Fixed Swap Pool”, projects can list their tokens and set up a pool with a fixed per-token purchase rate. The product will go live on Dec. 15, and three projects will be using the platform to raise funds in the first three days of launch. These include two decentralized autonomous organizations, SpiderDAO and MahaDAO. Initial Decentralized exchange Offerings, or IDOs, first…

Live Trading & Chart Analysis – Stock Market, Gold & Silver, Bitcoin – December 4, 2020

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Learn how to trade the markets for profit. Spending one session will set you on the path toward constantly profitable. We focus on the easiest & best market which is Forex currency pairs on the 8 hour time frame. Bitcoin, gold & silver, S&P 500 & Nasdaq. We look at the markets live together everyday. You can join the telegram channel below and be notified when we go live daily at 9am EST Monday-Friday. New to CTM? Welcome. ► Start here: ►…

Global Stocks Bounce amid COVID-19 Vaccine Rollout

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While the vaccines have given a hint of hope for the economic recovery of most countries including the UK, the ongoing post-Brexit trade talks also have a subtle influence on the global stock market.  The world is edging closer to an end to the COVID-19 pandemic with the vaccine from the duo of Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) now on the go to being administered across the United Kingdom and the United States of America and the global stocks are responding to this reality. The hope…

Reddit Acquires Short-form Video Social Platform Dubsmash

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Steve Huffman, CEO of Reddit, said that Dubsmash and Reddit share some common ideologies thus making the acquisition very strategic in their future growth prospects. American social news platform Reddit Inc has acquired a New York-based video-sharing social media platform Dubsmash. The acquisition of Dubsmash by Reddit is a strategic move for both entities to thrive in the highly competitive social media market. As a result of the Dubsmash acquisition by Reddit, Dubsmash’s entire team, including the three co-founders, Suchit Dash, Jonas Drüppel, and Tim Specht, will be part of…