Comerica to be acquired by Fifth Third Bank in $10.9 bn all-stock deal
Fifth Third Bank announced on Monday that it will acquire Dallas-based financial services company Comerica in an all-stock transaction valued at approximately $10.9 billion, creating the ninth-largest US bank with about $288 billion in assets. The move follows intense scrutiny over Comerica from activist investor HoldCo Asset Management, which urged the bank to sell itself […]
The IPO Market Is Opening Up. These 14 Companies Could Be Next.
We used Crunchbase’s predictive intelligence tools to curate a list of 14 venture-backed companies in sectors ranging from AI to fintech to consumer goods that could be on tap as IPO candidates in the foreseeable future.
Florida Funding Falls
Despite what boosters may have envisioned amid a pandemic-era spike in migration to Florida a few years ago, the Sunshine State is not emerging as a startup hotbed.
Donald Trump Pushes Rate Cuts as Crypto Market Holds Steady at $2.79T
The crypto market remains steady at $2.79 trillion with minimal 0.14% growth over the past 24 hours, based on the latest update by CryptoRank. The steadiness occurs despite a 0.97% decline in the 24-hour spot trading volume, which stands at $35.28 billion. President Trump has tried to calm market emotions by declaring that interest rates […] The post Donald Trump Pushes Rate Cuts as Crypto Market Holds Steady at $2.79T appeared first on Coin Edition.
Reef Finance founder gets dragged into Mantra meltdown drama
As the dust settles from the recent crash of OM, the native token of the Mantra blockchain, speculation and finger-pointing continue to ripple through the crypto community. The token lost nearly 90% of its value in a single day, plummeting to as low as $0.50 before stabilizing slightly at $0.66 at the time of writing. […]
ZachXBT identifies key figures tied to Mantra’s 90% OM token crash
Blockchain investigator ZachXBT has spotlighted two individuals, Reef Finance founder Denko Mancheski and X user Fukugo Ryōshu, as potentially linked to the sudden 90% crash of Mantra’s OM token on April 13. On April 14, ZachXBT reported: “The two names I keep hearing tied to the Mantra incident are Denko (Reef Finance founder) and Fukogoryushu […] The post ZachXBT identifies key figures tied to Mantra’s 90% OM token crash appeared first on CryptoSlate.
Hundreds Of Unicorns Haven’t Raised New Funding Since 2021
An estimated 517 global unicorns — or private companies valued at $1 billion or more — raised their last known round more than three years ago, per Crunchbase data.
CryptoRank Report: Here are the top gainers in Q3 2024
CryptoRank, a top-tier crypto research and analytics platform, presented the top gainers of Q3 2024 in eleven categories. ‘Currency’ and ‘Chain’ led with 55.21% and 26.83% dominance, respectively. ‘Stablecoin’ and ‘Meme’ followed with market caps of $172.99B and $55.94B, respectively. In fifth position was ‘DeFi’ with a market cap of $35.06B and 1.47% dominance, respectively.
Spongebob game to feature Patrick Star as main character
Outright Games has announced SpongeBob game, centering Patrick Star, today on Nintendo Direct August 27, 2024. Players will experience the game through the lens of Patrick Star, the adorned main character’s friend. ‘SpongeBob SquarePants: The Patrick Star’ will launch on October 4. Players can enjoy this game on PC, PS4 and 5, Nintendo Switch, and […]
CEX Token Delistings: Why Does it Happen?
Centralized crypto exchanges like Binance and KuCoin are cracking down on altcoins, removing several tokens from their platforms. Why the sudden purge? It boils down to investor protection and regulatory compliance. Let us look at the factors that lead to delisting and what it means for the crypto market. Centralized exchanges stay proactive in protecting […] The post CEX Token Delistings: Why Does it Happen? appeared first on Coin Edition.
