Search results for "MERGE"
03:18

CSLM Digital Asset plans to raise $200 million through a share placement and seeks to merge with a blockchain company for a public listing.

PANews August 27 news, according to Globenewswire, the special purpose acquisition company CSLM Digital Asset Acquisition announced that it will issue Class A common stock and warrants to raise $200 million through an IPO. The related stocks are expected to be traded on the Nasdaq exchange under the codes "KOYN" and "KOYNW." The company stated that it will seek to strategically leverage businesses that utilize Blockchain and Distributed Ledger technology, including building infrastructure for Wallets, custodial solutions, exchanges, data protocols, and tokenization financial tools, as well as companies that build applications such as payment, Decentralized Finance, and cross-border finance.
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22:39

ETH/BTC Trading Pair Achieves Key Technical Milestone Post-Merge

Gate News bot message, the ETH/BTC trading pair has surpassed its 365-day moving average, marking the first occurrence of this technical event since the Ethereum Merge. The pair demonstrated significant upward movement after bouncing from the 0.02 support level. This technical breakthrough represen
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ETH-2.91%
BTC-3.24%
21:42

Nakamoto and KindlyMD merge to launch the Bitcoin treasury strategy

Golden Finance reports that Bitcoin holding company Nakamoto has officially merged with KindlyMD in Utah and will launch a Bitcoin treasury strategy under the KindlyMD name. BTC Inc. co-founder David Bailey has been appointed as the new company's CEO. The company plans to accumulate Bitcoin through equity, debt, and other financing methods. KindlyMD has raised $540 million through a private sale of stock and is expected to complete a $200 million convertible bond issuance tomorrow.
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BTC-3.24%
04:42

Ethereum Foundation Updates on Scaling Progress: Mainnet Gas Limit Increased to 45 Million, Moving Towards Higher Scaling Goals

The Ethereum Foundation updates on the progress of the "Expand L1" work, with Marius van der Wijden joining the leadership team. The gas limit has been raised to 45 million, and all major clients have integrated pre-merge historical record functionality. The foundation focuses on L1 scaling, Blob expansion, and user experience optimization, while also emphasizing security and decentralization.
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ETH-2.91%
04:37

Wang Feng, founder of Blueport Interactive: The institutionalization of Bitcoin and Ethereum is an inevitable trend, and stablecoins will enter all sub-sectors.

According to BlockBeats news, on July 25, Wang Feng, the founder of Blueport Interactive (@wangfeng0128), published an article explaining the motivation behind the establishment of LK Crypto. Wang Feng stated that the institutionalization of Bitcoin and Ethereum is an inevitable trend, and stablecoins will eventually enter all enterprises or niche industries. The tokenization of stocks will not only merge coin and stock but ultimately will be treated as coins. Furthermore, Wang Feng predicts that the next step is that every company, not just publicly listed ones, will organize crypto business teams. In the field of Crypto Assets, market and technical talents will be fiercely competed for with high salaries, similar to AI talents. On July 16, Blueport Interactive established the LK Crypto division to manage the company's mainstream crypto assets and accelerate the layout of Web3 and RWA.
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BTC-3.24%
ETH-2.91%
11:34

US stocks SONN pre-market rise over 270%, announced the establishment of "HYPE version of micro strategy" holding 12.6 million HYPE and 300 million cash.

BlockBeats news, on July 14, the stock price of the US-listed company Sonnet BioTherapeutics Holdings, Inc. (SONN) rose 273.11% in pre-market trading, with a pre-market trading price of $19.29, an increase of $14.05 compared to the previous trading price. BlockBeats previously reported that the US-listed company Sonnet will merge to form Hyperliquid Strategies and launch a treasury strategy, holding 12.6 million tokens.
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11:22

Bonnet BioTherapeutics and Rorschach I LLC merged to form Hyperliquid Strategies

Golden Finance reports that Nasdaq-listed company Sonnet BioTherapeutics, Inc. has agreed to merge with Rorschach I LLC to become Hyperliquid Strategies, Inc. The company will launch the HYPE reserve strategy, and after the transaction is completed, the new entity is expected to hold 12.6 million HYPE tokens and $305 million in cash, with a total valuation of $888 million.
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HYPE-0.74%
11:35

Bitcoin investment company Parataxis Holdings has reached a 25 billion won investment agreement to go public.

Odaily News Bitcoin investment company Parataxis Holdings LLC announced that it has reached a final investment agreement worth 25 billion Korean won with Bridge Biotherapeutics, Inc. This transaction gives it control over the latter, and after the deal is completed, Bridge Biotherapeutics will be renamed Parataxis Korea and continue to be listed on the KOSDAQ market in South Korea. The company is expected to announce more details about this transaction after holding a shareholders' meeting in August. (PRNewswire) According to previous news, Parataxis Holdings LLC plans to merge with the special purpose acquisition company SilverBox Corp.
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BTC-3.24%
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02:00

Bitcoin's October update plans to remove OP_RETURN data limits, sparking controversy in the community.

Gate News bot, Bitcoin Core developer Gloria Zhao recently posted on GitHub that the upcoming Bitcoin software update will increase the data limit of a split function, which will allow more images, text, and documents to be stored on the Bitcoin blockchain. Specifically, the Bitcoin Core 30 update, scheduled for release on October 30, will remove the 80-byte limit for the controversial OP_RETURN function and allow each output to carry up to 4MB of data. Three days ago, 31 Bitcoin Core developers signed a statement in support of the change, known as Merge Pull Request (MPR) #32406. Bitcoin developers had said on May 5 that data restrictions would be lifted.
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BTC-3.24%
OP-0.87%
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08:43

London fintech company Merge has obtained dual licenses in France, allowing it to provide cross-border payment services for fiat and stablecoins.

London fintech company Merge has received approval from French regulators to become an electronic money institution and virtual asset service provider, offering cross-border payment services that integrate traditional fiat and blockchain stablecoin transfers within a compliance framework. Merge provides multiple services through a single API, including multi-currency accounts, real-time payments, SWIFT connections, and more, helping businesses manage global invoice settlement, revenue repatriation, and local currency payment supplier fees.
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08:34

French regulators approve Merge to provide fiat and stablecoin payment services.

Gate News bot reported that London-based fintech company Merge has received approval from French regulators to operate as both an electronic money institution (EMI) and a virtual asset service provider (VASP). The dual license granted by the French regulators ACPR and AMF enables Merge to provide European and global businesses with a range of services, from the collection and holding of funds to the execution of cross-border payments and the conversion between fiat and digital currencies.
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BOT-9.45%
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01:20

KindlyMD purchased 21 BTC for the first time and will incorporate it into its Bitcoin financial strategy.

NASDAQ-listed company KindlyMD has purchased 21 Bitcoins for a total value of approximately $2.3 million, with each Bitcoin priced at $109,027. This transaction was funded by the proceeds from exercising a portion of the company’s outstanding warrants. The company also plans to merge with the Bitcoin company Nakamoto, which is associated with Trump, with delivery scheduled for the third quarter of 2025.
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BTC-3.24%
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16:56

KindlyMD purchased 21 BTC before merging with Nakamoto, aiming to accumulate one million Bitcoin.

KindlyMD purchased 21 Bitcoins for approximately $2.3 million and plans to merge with Nakamoto Holdings, adopting a long-term holding strategy for Bitcoin with a target of holding 1 million BTC. The merger is expected to be completed in Q3 2025, and the merged entity has secured $710 million in financing, which will collaborate with Anchorage Digital to manage assets. The CEO of Nakamoto Holdings stated that the current holding has reached one millionth of the total circulating supply of Bitcoin.
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BTC-3.24%
01:46

The two major encryption mining companies in Russia, BitRiver and Intelion, are expected to merge revenues of 200 million dollars in the fiscal year 2024.

Gate News bot message, the latest data compiled by the Russian media RBC shows that the crypto mining industry in Russia continues to rise, with the country's two largest crypto mining companies—BitRiver and Intelion—projected to generate $200 million in revenue for the 2024 fiscal year, together accounting for over 50% of the market share.
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02:53

Exploring multiple Blockchain ecosystems with a multi-concurrent proposer mechanism to enhance network censorship resistance.

According to Gate News bot, @0xRainandCoffee published an article introducing the Multi-Concurrent Proposer (MCP) mechanism. This mechanism supports multiple proposers to simultaneously propose sub-blocks and merge them to enhance the censorship resistance of the blockchain network. The MCP mechanism has gained attention in major Blockchain ecosystems: Ethereum plans to reduce reliance on MEV-Boost through MCP; Solana is advancing the implementation of MCP with Application Specific Sorting (ASS), and the Alpenglow upgrade plan further optimizes validator costs; Cosmos explores MCP using the BFT model and secure broadcast protocol; Sei separates data availability and sorting functions based on Autobahn design; Delta adopts concurrent sorters to achieve application specific sorting. Current MCP implementation faces technical challenges such as sorting competition, invalid transaction processing, increased hardware requirements, and finality synchronization.
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06:37

The results of the ruling party's primary elections for the next South Korean general election have been announced, with Kim Moon-soo and Han Dong-hoon emerging victorious.

On April 29, Jin10 reported that on the afternoon of the 29th local time, the results of the second round of the ruling party's primary election for South Korea's next general election were announced. Former Minister of Employment Kim Moon-soo and former ruling party leader Han Dong-hoon emerged victorious, and the two will continue to the third round of the primary election. Recently, there have been reports in South Korean political circles that acting President Han Duck-soo might also resign from public office to run for election, and he could potentially merge with the ruling party candidate into a single candidate. Therefore, it is still unclear who will represent the ruling party in the election.
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06:22

Google will completely close the development of the Android operating system starting next week, but this does not mean it is closed source.

Google will begin developing the Android operating system in its internal branches and will no longer publicly share the development process. The Android Open Source Project only includes some components and has a significant gap compared to the internal version, requiring developers to wait for the public version release. This change to closed-door development aims to simplify processes and avoid merge conflicts, but Android remains committed to Open Source.
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13:26

Bernstein analyst: Crypto Assets are moving towards a "one-stop" multi-asset investment platform.

According to Bernstein analysts, the encryption industry is evolving towards a more integrated "one-stop" multi-asset investment platform, with exchanges and brokers/dealers beginning to merge. As the regulatory environment relaxes, crypto exchanges and brokers/dealers are engaging in strong mergers and acquisitions to provide a wider range of asset choices. The potential of the U.S. crypto derivation market is huge, with offshore markets such as perpetual futures being three to four times larger than the Spot market. It is expected that as regulatory agencies increase support for encryption, the onshore Spot and derivation crypto product markets in the U.S. will expand, prompting crypto platforms to offer traditional assets, and broker platforms will also be able to provide more asset choices.
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BTC-3.24%
ETH-2.91%
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08:36

Great Wisdom: Planning major asset restructuring continues to be suspended.

Great Wisdom and Xiangcai Co., Ltd. plan to absorb and merge through stock swap and raise matching funds. The company's A-shares have been suspended from trading, and the suspension is expected to last no more than 10 trading days. The resumption of trading will be announced in a timely manner depending on the situation.
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04:28

Head of Nethermind: Version 1.3.1 plans to delete the pre-Ethereum merge history on May 1st

Gold Finance reported that Marek Moraczyński, the head of the Ethereum client Nethermind, posted on the X platform that more than 80% of the Ethereum full node disk space is occupied by historical records, so no data is needed to validate new blocks, and in the new version of 1.3.1, Nethermind is ready to delete the pre-merge history through the ERA file, and all teams have agreed to perform relevant actions on May 1. If you delete all blocks and all receipts and keep only the data needed to validate the latest block, the full node capacity will be less than 200 GB.
ETH-2.91%
SKI-20.57%
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15:17

Former Ethereum Foundation researcher Danny Ryan will join Etherealize as a co-founder, Vitalik expressed a welcoming return.

Odaily Planet Daily News Well-known Ethereum developer and former Ethereum Foundation researcher Danny Ryan announced that he will join the Ethereum marketing company Etherealize as a co-founder targeting Wall Street and TradFi market. Vitalik commented on this news: "Welcome back!" Earlier news, Ethereum Foundation researcher Danny Ryan announced his departure from the foundation in September last year. Ryan has played an important role in the development of Ethereum, having served as the lead coordinator for The Merge upgrade of Ethereum, overseeing the launch of the beacon chain in 2021, and actively participating in the progress updates of Ethereum Improvement Proposals. It is reported that Etherealize was founded by Vivek, who previously served as a bond trader at Nomura Holdings and UBS Group.
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ETH-2.91%
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16:22

Viewpoint: The current market is in a dangerous bubble area, Crypto Assets may become a new systemic risk trigger point

Wolfgang Münchau pointed out three major risks in the market: MemecoinMarket Cap reaching as high as $80 billion, Stable CoinMarket Cap hitting $225 billion, and the S&P 500 index P/E ratio nearing historical highs. He warned that these bubbles could merge into a "super bubble," with Trump's policies and relaxed Cryptocurrency regulations potentially triggering a financial crisis, similar to the transmission mechanisms of the 2008 financial crisis.
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MEME-1.32%
DOGE-2.56%
TRUMP6.91%
08:32

Andre Cronje: L2 is the reason for Ethereum's inflation again

Sonic Labs founder criticizes the way L2 solutions handle profits in the Ethereum network, calling L2 the cause of Ethereum's inflation again; Supporters of decentralized scaling advocate for strengthening the Ethereum base layer with solutions like Sonic; The supply of Ethereum has now exceeded pre-merge levels, leading to inflation again. Cronje proposes using Sonic's technology to address the inefficiency of L2 solutions.
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ETH-2.91%
SONIC-6.91%
X-0.92%
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11:49

The ETH supply has surpassed the level before the ETH merge.

According to Ultrasound data, the current supply of ETH has surpassed the level before the Ethereum PoS merge. The data shows that the current supply of ETH is 120,521,291, which has increased compared to 120,521,140.92 at the time of the merge on September 15, 2022. Since Ethereum completed the transition to the Proof of Stake (PoS) mechanism, 1,947,607.01 ETH have been burned, and 1,947,757.18 ETH have been newly issued, resulting in a net supply increase of 150.17 ETH.
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ETH-2.91%
02:05

Arcade Research and the Blast Foundation will merge into a streamlined structure operated by Pacman.

Blast announced the merger with Arcade Research and the Blast Foundation, operated by Pacman, and launched an application created by the Pacman and Arcade Research teams, gradually introducing more applications on the Allowlist, and eventually removing the Allowlist. Now, Blast users can claim points and exchange GOLD for BLAST Token through the Airdrop page on the desktop website.
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BLAST-3.53%
X-0.92%
07:11

Haier Biomedical absorbs and merges with Shanghai Laison, company responds: will consider the interests of small and medium investors

On December 23, Jin10 Data reported that Hailan Bio and Shanghai Lai Shi are planning a stock-for-stock merger in which Hailan Bio will issue A-share stocks to absorb and merge with all shareholders of Shanghai Lai Shi, and raise funds through the issuance of A-share stocks. Journalists noted that Shanghai Lai Shi and Hailan Bio have different trading privileges. Does this mean that the shareholders of Shanghai Lai Shi, who are being absorbed and merged, can only choose to sell the stocks after the stock swap? Regarding this, journalists called Hailan Bio as investors and the staff stated that it is currently just a preliminary indicative announcement and that further details are still under study. When asked about the option to choose cash, the staff member stated that they do not have relevant information and to refer to the announcement, but the company will consider the interests of small and medium-sized investors. In addition, the staff member mentioned that Hailan Bio and Shanghai Lai Shi have synergy in terms of business, research and development, and channels.
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07:55

Hualan Biological Engineering Inc.: Planning to acquire Lai Shi Medical through stock swap, stock trading halted

On December 22nd, Jinshi Data reported that Haier Biology announced that the company is planning to absorb and merge Shanghai Leshi by issuing A-share stocks to all shareholders of Shanghai Leshi and raising funds through the issuance of A-share stocks. As the transaction is still in the planning stage and there is uncertainty, in order to ensure fair information disclosure and protect the interests of investors, the company's securities are expected to be suspended from trading starting from December 23, 2024, with an estimated suspension period of no more than 10 trading days.
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06:43

ai16z founder: We have started developing Eliza v2, which will introduce improvements such as unified proxy Wallet, scalable general core framework, etc.

Odaily Planet Daily News ai16z founder Shaw X posted that Eliza v0.2.0 (i.e. version 2) has entered the development stage. Compared to version 1, version 2 will bring the following improvements: unified message bus and simplified client, unified agent Wallet, model system using registry (Model Provider Registry), extensible and universal core framework, updated community plugins; achieving 100% test coverage. Its supplement added that the alpha version is expected to be released in 2-3 weeks. The team will continue to advance v1, merge pull requests, and close work orders. If users have a poor experience due to the inflexibility of v1, the team will address it in v2
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ELIZA0.09%
X-0.92%
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03:22

iClick Corporation and digital wealth management service provider AmberDWM have signed the final merger 协议

iClick will merge with Amber DWM, and iClick will issue Class A and B shares to exchange all of Amber DWM's outstanding shares. After the merger is completed, Amber DWM shareholders will hold approximately 90% of the new company's outstanding shares, and iClick shareholders will hold approximately 10% of the outstanding shares. After the completion of the merger, the company will be renamed "Amber International Holding Limited", and Class A and B common shares will become the company's authorized share capital. The total equity value involved in the merger transaction is USD 360 million.
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10:51

Guotai Junan: Major asset restructuring approved by the Shanghai State-owned Assets Supervision and Administration Commission

Jinshi Data, November 20 news, Guotai Junan announced that the company and Haitong Securities are planning to exchange shares with all A-share shareholders of Haitong Securities through the issuance of A-share stocks, and exchange shares with all H-share shareholders of Haitong Securities through the issuance of H-share stocks to absorb and merge Haitong Securities, and to raise supporting funds through the issuance of A-share stocks (referred to as "this transaction") has obtained the preliminary approval of the Shanghai State-owned Assets Supervision and Administration Commission. The implementation of this transaction is uncertain and is subject to the re-approval of both parties' board of directors, approval of both parties' shareholders' meeting, and approval, approval, registration, or consent of the authorized regulatory authorities.
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