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Category: Business

Binance and FTX are next in line to buy Voyager Assets after Coinbase refuses
Business

Binance and FTX are next in line to buy Voyager Assets after Coinbase refuses

August 29, 2022August 29, 2022

Coinbase has withdrawn from the deal to buy Voyager’s assets. August 6 is the date for bidders to come forward with their bids. An auction

A Singaporean government move aims to protect retail crypto traders from themselves
Business

A Singaporean government move aims to protect retail crypto traders from themselves

August 29, 2022

Crypto-related scandals and plummeting valuations have surrounded the crypto market in 2022. Singapore-based crypto lending platform Hodlnaut froze withdrawals earlier this month. Ravi Menon, managing

The Olio platform will enable post-acute healthcare ecosystems to grow with $13 million in funding
Business

The Olio platform will enable post-acute healthcare ecosystems to grow with $13 million in funding

August 29, 2022

Olio Health has raised $13 million in a Series A investment round to grow its workflow and collaboration platform. Fulcrum Equity Partners, which participated in

The acquisition agreement between Siam Commercial Bank and Bitkup has been terminated
Business

The acquisition agreement between Siam Commercial Bank and Bitkup has been terminated

August 27, 2022

Siam Commercial Bank (SCB) terminated its deal to acquire Thailand’s Bitkub. The banking giant cited “required regulatory issue fixes in the exchange” as the reason

Polygon Co-Founder leads funding round for Web3 initiative
Business

Polygon Co-Founder leads funding round for Web3 initiative

August 27, 2022

Symbolic Capital has garnered about $59 million in a funding round. The firm will be aiming to use the funds to create a special data

In spite of its earlier apolitical stance, Coinbase launches a voter registration tool
Business

In spite of its earlier apolitical stance, Coinbase launches a voter registration tool

August 27, 2022

Coinbase launches voter registration tool ahead of November elections. The exchange has also launched a crypto policy education initiative. Users will be educated on the

A $6 billion deal is struck between Open Text and Micro Focus
Business

A $6 billion deal is struck between Open Text and Micro Focus

August 26, 2022

Open Text will fund the deal using $1.3 billion in cash, $4.6 billion in debt and $600 million from the existing credit lines. The news

Omnichannel options are Ulta Beauty’s answer to consumer demand
Business

Omnichannel options are Ulta Beauty’s answer to consumer demand

August 26, 2022

Ulta Beauty’s eCommerce channel saw mid-single-digit growth in the second quarter. Buy online, pick up in-store (BOPIS) now accounts for 25% of its eCommerce sales.

India’s digital lending rules are being fought by Amazon and Flipkart
Business

India’s digital lending rules are being fought by Amazon and Flipkart

August 26, 2022

India’s Reserve Bank of India issued a rule that said borrowers must deal directly with banks. The new rules have hit prepaid card offerings from

A ransom of $10 million has been demanded by cyber criminals to release a French hospital
Business

A ransom of $10 million has been demanded by cyber criminals to release a French hospital

August 25, 2022

The 1,000-bed hospital was attacked on Sunday and still hasn’t regained control of its systems. The Center Hospitalier Sud Francilien (CHSF) is having to turn

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