Acquisitions
Online Investing Platform BnkToTheFuture to Buy Crypto Lender Salt Lending
The platform also plans to work with companies in financial distress.

Elon Musk Sends Second Letter Terminating Twitter Acquisition
The letter follows one sent July, in case the earlier one is deemed invalid, according to a filing.

Indonesia's Biggest Tech Firm Enters Crypto With Purchase of Local Exchange: Report
GoTo Gojek Tokopedia bought Kripto Maksima Koin for 124.84 billion rupiah ($8.38 million).

Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange
Thailand’s oldest bank said Bitkub Online needs to resolve various issues at the request of Thailand’s Securities and Exchange Commission.

FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals
FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk.

Helium Developer Nova Labs Buys FreedomFi to Accelerate Push Into Mobile Service
As part of the acquisition, FreedomFi team members will join Nova Labs to lead the network's expansion.

Bitcoin Miner PrimeBlock Cancels Listing Plans, Terminates $1.25B Merger With 10X Capital
The two firms terminated their agreement, which would have allowed Prime Blockchain to go public, by mutual consent on Aug. 12

Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement
BitGo said Galaxy owes it a $100 million breakup fee.

Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital
The fund has over $400 million in assets under management, according to Bloomberg.

Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo
The $1.2 billion deal was announced May 2021 and was expected to close by the end of that year.
