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Anon Signs Non-Binding Letter of Intent with Arkhive Technologies to Acquire 30% Strategic Interest
Thenewswire· 2025-12-03 14:00
Core Insights - Anonymous Intelligence Company Inc. has entered into a non-binding Letter of Intent to acquire a 30% ownership interest in ARKHIVE Technologies Ltd. through cash, equity, and strategic collaboration initiatives [1][2][6] Financial Terms - The acquisition will involve USD $75,000 in cash, USD $200,000 in ANON common shares at a deemed value of CAD $0.50 per share, and 1,000,000 common share purchase warrants exercisable at CAD $0.50 for two years [2] - In return, ARKHIVE will issue 150,000,000 ARKV tokens valued at USD $0.00183 per token, representing approximately 30% of its circulating supply, along with a board seat for ANON's CEO [3] Strategic Collaboration - The LOI outlines a strategic collaboration aimed at leveraging both companies' strengths in Web3, AI, and decentralized technologies, including integration of ANON's SimpliiCrypto and SimpliiAI platforms with ARKHIVE's ecosystem [4] - Joint development of new digital asset products, including real-world NFTs, prediction markets, and ARK Score analytics, is planned [4] Use of Funds - Funds from ANON are expected to support ARKHIVE's platform development, smart contract engineering, NFT marketplace architecture, and operational initiatives [5] Governance and Management - Denis Franks, CEO of ANON, will assume an executive role in ARKHIVE to support partnership and growth initiatives, reflecting a deep integration between the two companies [6] Conditions for Completion - The transaction is subject to customary conditions, including satisfactory due diligence, corporate approvals, and necessary regulatory approvals from the Canadian Securities Exchange [6]
X @Cointelegraph
Cointelegraph· 2025-12-03 13:30
@web3_antivirus @web3_antivirus tracks these poisoning patterns in real time so users see a warning before they send funds and platforms can keep risky transfers out of their ecosystem 👇https://t.co/WSUQYwieEO ...
X @Binance
Binance· 2025-12-03 12:43
“Web2 isn’t actually free—users pay via subscriptions or their data—while in Web3 the native token is often the product itself.” - Fisher Yu, Co-Founder & CTO, Babylon Labs https://t.co/2os7rEocg3 ...
X @Binance
Binance· 2025-12-03 12:43
“The only way to onboard users is to abstract away Web3 complexity with familiar Web2‑style interfaces and tooling” - Staci Warden, CEO, Algorand Foundation https://t.co/9bepB6XVKR ...
X @Binance
Binance· 2025-12-03 12:43
Polygon Foundation, Aptos Labs, Babylon Labs and Algorand Foundation take the stage on a panel moderated by Cointelegraph.Each brings a protocol-level perspective to how Web3 architecture is an exponential build. https://t.co/RwwUJdZ8L6 ...
X @Wu Blockchain
Wu Blockchain· 2025-12-03 11:48
Web3 foundation registrations in the Cayman Islands surged 70% year-over-year, exceeding 1,300 by the end of 2024, with over 400 added in the first five months of 2025. Cayman foundations are becoming the primary legal structure for DAOs, with at least 17 holding treasuries over $100 million. The OECD CARF framework, effective in 2026, will require crypto exchanges and custodians to conduct due diligence and reporting, while protocol treasuries and passive foundations holding assets are expected to be exemp ...
Binance names co-founder as co-CEO
Yahoo Finance· 2025-12-03 11:41
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Binance named its co-founder Yi He as co-CEO, alongside Richard Teng, who’s been the firm’s sole CEO since November 2023. The newly minted co-CEO is the life partner of Binance co-founder Changpeng Zhao, whom President Donald Trump pardoned last month. Zhao was sentenced to, and served, four months in federal prison, after he pleaded guilty to violating U.S. anti-mo ...
The Crypto Company Enters Agreement to Eliminate Nearly $4 Million in Legacy Convertible Debt Through Strategic Restructuring With AJB Capital Investments
Accessnewswire· 2025-12-03 11:30
Core Insights - The Crypto Company has entered into a restructuring agreement with AJB Capital Investments LLC to eliminate approximately $4 million of legacy convertible debt from its balance sheet [1] - The restructuring aims to strengthen the company's capital structure, reduce dilution-related overhang, and enhance flexibility for future financing and strategic transactions [1] Company Summary - The Crypto Company focuses on digital-asset infrastructure, Web3, and AI initiatives [1] - The CEO, Ron Levy, emphasized the importance of this transaction for improving the company's financial position [1]
X @Solana
Solana· 2025-12-03 10:32
RT NTT Digital (@nttdigital_io)NTT Digital has launched its validator node on Solana. Through this initiative, the company aims to contribute to the decentralization and security of the Solana network while further accelerating its efforts to advance web3 infrastructure.https://t.co/dKaNfaLqLR https://t.co/OyBCv8RZGX ...
X @Polkadot
Polkadot· 2025-12-03 10:28
Polkadot Hub → ends fragmentation, delivers the most advanced smart contract engine in Web3.@torstenmove → PhD in CS, ex-CTO SatoshiPay, Pendulum co-founder. Now building the unified, high-compute engine that will power future Polkadot apps.Watch his @Polkadotsub0 talk 👇 ...