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Coinbase Stock Rises 5% After $2.9 Billion Deal To Acquire Deribit

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Phantom Acquires SimpleHash To Enhance NFT Data Tracking

Phantom, a renowned multi-chain crypto and non-fungible token wallet services provider, has acquired SimpleHash, a token data platform, to enhance real-time price tracking, non-fungible token metadata, and marketplace activity. This announcement has led to immediate market reactions, with Phantom’s native token, PHANT, experiencing a 5.3% price surge from $1.13 to $1.19 within the first hour. Phantom is getting even better! — Kumeka Team (@KumekaTeam) February 26, 2025 Phantom Acquires SimpleHash In a February 26 press release, Phantom confirmed that they had acquired SimpleHash, a token data platform. Under the acquisition, the SimpleHash and Phantom teams will join hands to supercharge token data tracking for Phantom users, ensuring they get the most accurate and high-performance wallet experience possible. In a short statement after the acquisition, Brandon Millman, CEO of Phantom, remarked: “By bringing on SimpleHash, we’re ensuring that Phantom users ...

Prime Trust halts withdrawals and deposits as acquisition fails

BitGo ’s attempted acquisition of Prime Trust has joined the long list of Crypto buyouts that are announced and end up failing, according to a tweet from BitGo ’s Twitter account. The company recently had a lawsuit against Galaxy Digital related to a failed acquisition dismissed in court. Meanwhile, Prime Trust has had to stop both withdrawals and deposits of fiat and cryptocurrency due to action by state regulators. This acquisition was originally announced just over two weeks ago, as Prime Trust was experiencing issues and reportedly needed to delay client withdrawals. After considerable effort and work to find a path forward with Prime Trust, BitGo has made the hard decision to terminate its acquisition of Prime Trust. This decision was not made lightly and BitGo remains committed to our mission to deliver trust in digital assets. — BitGo (@BitGo) June 22, 2023 Read more: Prime Trust delays withdrawals, spooks Binance US, Swan users amid acquisition Prime...