Projects with commoditized technology that have high liquidity, but not a very active team could become targets of hostile takeover.Traditional players could also be scooping up Web3 projects that are most innovative.M&A in the memecoin sector could reach a fever pitch, leading to the creation of tokens such as ShibaPepes' and 'FlokiDoges.Between tokens that replicate complex financial instruments like rehypothecation...

05:25 PM EDT, 04/04/2024 (MT Newswires) -- Amrita Ahuja, CFO & COO, on April 02, 2024, sold 7,961 shares in Block (SQ) for $626,015. Following the Form 4 filing with the SEC, Ahuja has control over a total of 189,401 shares of the company, with 189,401 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1512673/000162828024014898/xslF345X03/wk-form4_1712265639.xml Price: 74.63, Change: -0.1, Percent Change: -0.13 ...

05:29 PM EDT, 04/04/2024 (MT Newswires) -- Definity Financial ( DFYFF ) on Thursday said its board of directors approved the adoption of a shareholder rights plan, used to deflect a hostile takeover of the company. The property, and casualty insurance company said the rights plan is substantially similar to strategic shareholder rights plans in place at other Canadian public...

April 4 (Reuters) - Cboe Global Markets filed a request with the SEC for regulatory approval to change its rules and allow issuers to add an exchange-traded fund (ETF) share class to existing mutual funds, the exchange said on Thursday. If approved, this would allow established asset management firms to more easily expand strategies that currently exist only as mutual...