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Crypto News Summary May 9
Crypto News Summary for May 9: cautious trading gave way to MoonPay's $100M Sodot deal, highlighting steady crypto infrastructure growth.
MoonPay Buys Sodot in $100M Stock Deal
MoonPay acquired Israeli crypto security firm Sodot in a $100M stock deal, adding custody and key-management tools to expand into institutional crypto.
Kraken Parent Buys Bitnomial for $550M
Kraken parent Payward will buy Bitnomial for up to $550M, gaining CFTC-licensed U.S. crypto futures, options and clearing infrastructure.
eToro Buys Zengo in Self Custody Push
eToro is acquiring wallet firm Zengo to expand self-custody and push users onchain, targeting tokenised assets, perpetuals and prediction markets.
EToro Acquires Zengo for $70 Million
eToro is acquiring crypto wallet firm Zengo for $70 million, expanding into self-custody as tokenised assets and decentralised rails gain traction.
SOL Strategies Buys Darklake Labs for $1.2M
SOL Strategies will buy Darklake Labs for $1.2M, bringing zero-knowledge privacy tools to Solana as it pushes for institutional and app growth.
Meta Reportedly Acquires AI-Agent Social Network Moltbook as Unofficial MOLT Token Spikes 258%
Reports Meta acquired AI-agent social network Moltbook; unofficial MOLT token rallied 258% in 24 hours to $0.000080 despite no official affiliation quickly.
CZ Backs Predict.fun’s Probable Acquisition, Boosting BNB Chain Prediction Market
CZ backs Predict.fun's planned acquisition of Probable, boosting a BNB Chain-native prediction market stack built to retain users between cycles, drawing devs.