$350 Million Bitstamp Acquisition Negotiations Denied by Nexon CEO (news.bitcoin.com)

The bitcoin exchange industry is widely considered to be in a process of transition, with big players stepping in and acquisitions leading to greater consolidation. As such it is not surprising to hear that Bitstamp is on the shelf, although a rumored buyer now denies it.  
Also Read: Bitcoin in Brief Wednesday: Crypto


Bitcoin Pyramid Scheme Allegedly Hoaxed $20 Million In South Korea

Two suspects from South Korea have allegedly used a pyramid scheme that involves bitcoin to swindle some 20 billion Korean won, or $ 20 million from investors in the country. The news was made public as a judge from Seoul's Incheon District Court has issued a fine of $ 15 million and $ 8 million …
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Coinbase Acquires Earn.com for an Estimated $100 Million (news.bitcoin.com)

Coinbase has completed the acquisition of Earn.com, an app that lets users get cryptocurrency for answering emails and completing tasks. The Earn startup team joins the company and the founder will serve as its first CTO, as part of the deal.
Also Read: Blockchain Mining Completes Bitfarms Merger, Stock Jumps 49%