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Facebook Acquires ‘Libra’ Trademark to Work on Its Secretive Cryptocurrency

Social media giant Facebook acquired the rights to the “Libra” trademark for its secretive cryptocurrency project, crypto news website The Block reported on May 3.The Block claims that a source familiar with the matter confirmed that Facebook is recruiting financial firms to develop its own crypto and that the

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Cybersecurity, Blockchain Firm WISeKey Acquires Interest in Data Infrastructure Firm

Switzerland-based blockchain, Internet of Things (IoT) and cybersecurity firm WISeKey has acquired a 22 percent interest in American data infrastructure firm Tarmin through a multi-million USD transaction, exact amount unspecified. The news was revealed in an official announcement from WISeKey on April 3.WISeKey focuses on creating digital identity ecosystems

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Nimiq Acquires 9.9% Stake in Germany’s WEG AG to Become Bank’s Third Crypto Firm Owner

Browser-based blockchain payments system Nimiq has acquired a 9.9 percent stake in Germany’s WEG Bank AG, according to an official announcement published on April 3.The stake acquisition comes as part of Nimiq’s new strategic partnership with WEG Bank AG and Swiss-Maltese decentralized cryptocurrency exchange (DEX) Agora.Trade.The three partners are

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TechCrunch Founder’s Digital Asset Firm Acquires Crypto-Focused Private Fund

Digital asset management firm Arrington XRP Capital has merged with cryptocurrency-focused private fund and research house ByteSize Capital, according to an official announcement published on March 27.With the merger, ByteSize Capital’s co-founders Ninor Mansor and Ninos Mansor have also joined Arrington XRP Capital as partners, along with founding partners

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Leading Social Platform eToro Acquires Smart Contract Development Company Firmo

Exchange and social network for investors and traders eToro announced that it has acquired smart contracts development company Firmo for an undisclosed amount. The acquisition was reported in a press release published on March 25.Co-founder and CEO of eToro Yoni Assia is quoted in the announcement explaining that the acquisition will

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Blockchain Art Registry Acquires Database With Info From 4K Auction Houses

The blockchain-based art registry startup Artory has acquired auction house database Auction Club, according to a tweet from Artory on March 21.Auction Club is a subscription-only database containing sales information from more than 4,000 international auction houses.According to industry media outlet The Art Newspaper, the move is set to

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Major UK Energy Company Acquires Stake in Blockchain Firm Electron

Major United Kingdom energy company OVO has invested in blockchain firm Electron through its recently launched technology division, Kaluza. The development was announced in an OVO blog post published on March 12.Kaluza —  an intelligent grid technology company that provides software and hardware products to the energy sector —

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Overstock’s Blockchain Subsidiary Acquires Stake in Blockchain Banking Platform

Retail giant Overstock.com, Inc.’s blockchain subsidiary, Medici Ventures, has acquired a stake in blockchain banking platform Bankorus, according to a press release published on March 11.Medici Ventures has purchased a 5.1 percent stake in Bankorus, a blockchain banking platform that enables both individuals and institutions to buy, sell, lend

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