Bullish IPO Frenzy: ARK Invest Buys 2.53M Shares as Stock Soars Past $118
TL;DR Massive IPO Debut: ARK Invest snapped up 2.53 million Bullish shares worth roughly $172 million across three ETFs as the crypto exchange’s NYSE debut skyrocketed
Cryptocurrency Exchange (Latest Publications)
GMX DAO Allocates $44M Compensation and $500K Retention Rewards for GLP Holders
TL;DR GMX completed the distribution of $44 million in compensation to Arbitrum liquidity providers affected by the V1 exploit. Users who hold their GLV for at
Dogecoin Frenzy Returns: $3.4B Open Interest Signals Major Move Ahead
TL;DR Open interest spikes: Dogecoin open interest hit $3.41 billion, rising over 3 percent in four hours as traders rotate back into risk. Roughly 14.41 billion
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.
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
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