Tether Acquires Stake in Spanish Exchange Bit2Me in €30M Deal
TL;DR Transaction: Tether acquires a minority stake in Bit2Me and leads a €30 million funding round to accelerate the Spanish exchange’s EU and Latin American expansion.
Cryptocurrency Exchange (Latest Publications)
Coinbase Sells $2B in Convertible Bonds After Revenue Miss and Stock Drop
TL;DR Coinbase has raised $2 billion through a zero-coupon convertible bond offering, aiming to strengthen its financial flexibility amid declining revenue and recent stock losses. The
Bullish Goes Public! $4.2B Crypto Giant Eyes Massive IPO Backed by JPMorgan
TL;DR Bullish filed for an IPO with the SEC and aims to raise up to $629 million at a $4.2 billion valuation. The firm was founded
Hyperliquid Reimburses $1.99M After Brief Trading Outage Last Week
TL;DR Hyperliquid compensated affected traders with nearly $2 million in USDC after a sudden API disruption halted trading for 37 minutes last week. The decentralized exchange
Coinbase Prepares Major Expansion to Become an “Everything Exchange”
TL;DR Coinbase plans to transform into a full-spectrum trading hub by adding tokenized stocks, prediction markets, and onchain financial products. The move comes despite weaker Q2
CoinDCX CEO Rejects Coinbase Acquisition Rumors
TL;DR CoinDCX CEO Sumit Gupta publicly denied acquisition talks with Coinbase, dismissing them as “rumours” and reaffirming the exchange’s focus on India’s crypto growth. Reports indicated
WOO X Yet to Resume Withdrawals After $14M User Funds Stolen in Phishing Attack
TL;DR $14M stolen via employee phishing, withdrawals frozen: Hackers drained 9 user accounts during a 2-hour window; WOO X silent for 30+ hours post-disclosure with no
Kraken to Integrate $INK Token and Ink Layer 2 Protocols Into Core Products
TL;DR Kraken will integrate the $INK token and the Ink Layer 2 network into its products, aiming to offer users new onchain applications. Ink Layer 2
Backpack Presents Fee-Free Platform to Help FTX Creditors Recover Losses
TL;DR Backpack has launched a non-profit, fee-free platform designed to help former FTX creditors liquidate their bankruptcy claims with zero commissions. This move has fueled optimism
BigONE Hacked: $27M Stolen in Devastating Hot Wallet Attack
TL;DR BigONE, a well-known crypto exchange, confirmed a $27 million theft after an attacker breached its hot wallet network. Despite this, BigONE’s private keys remain untouched,
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