Bullish is pursuing a US IPO on the NYSE under the ticker “BLSH”. The company seeks to raise up to US$629 million, targeting a valuation of roughly US$4.23 billion. BlackRock and ARK Investment are among the major investors who have indicated interest in purchasing shares, reflecting renewed optimism for cryptoContinue Reading
Cardano’s main developer, Input Output Global (IOG), secured 96 million ADA (approx. $71M) from the community treasury to fund a year-long roadmap of network upgrades. The funding will be used to enhance scalability with protocols like Hydra, improve developer tools, streamline onboarding via Project Acropolis, and increase cross-chain compatibility. ToContinue Reading
The SEC has approved a tenfold increase in the options position limit for certain Bitcoin ETFs, raising the cap from 25,000 to 250,000 contracts. The rule change is a major boost for BlackRock’s IBIT, which already has a commanding lead in the market. The new, higher limits facilitate larger, moreContinue Reading
Arkham Intelligence uncovered a 2020 hack that drained 127,426 BTC from LuBian Mining Pool that would now be worth US$14.5B. The attack exploited a flawed private key generation method, allowing hackers to access over 90% of the mining pool’s holdings. LuBian attempted to contact the thief using blockchain messages, butContinue Reading
Bitcoin gained 1.5% in 24 hours but declined 4% over the week, trading between US$114,280-$119,290 alongside similar patterns in Ethereum and altcoins. Market volatility stemmed from renewed dollar strength following President Trump’s announcement of new global tariffs based on trade surpluses. The weekend price drop liquidated US$195 million in longContinue Reading
A statue representing Bitcoin founder Satoshi Nakamoto was vandalised over the weekend and recovered in pieces by Swiss authorities. Originally unveiled in 2024, the artwork symbolised decentralisation and anonymity. Despite the vandalism, plans remain to place 21 similar statues globally. Municipal workers in Lugano, Switzerland, have recovered the fragmented remainsContinue Reading
Tron founder Justin Sun has safely returned to Earth after his flight aboard the Jeff Bezos-owned New Shepard spacecraft. Sun had originally been slated to fly on the first ever manned New Shepard flight back in 2021 after paying US$28 million for the privilege, but a scheduling conflict cruelled thoseContinue Reading
The UK’s Financial Conduct Authority (FCA) will allow retail investors to trade crypto exchange-traded notes (cETNs) on approved UK exchanges from October 8, reversing a 2021 ban. While expanding access, the FCA warns that cETNs are unsecured debt instruments and not covered by FSCS protection. The ban on retail tradingContinue Reading
Trump Media & Technology Group (TMTG) posted a US$20 million net loss in Q2 2025, largely due to US$15 million in legal fees from its prolonged SPAC merger, causing shares to drop nearly 4%. Despite the loss, TMTG confirmed it holds US$2 billion in Bitcoin and related securities, making itContinue Reading
Strategy posted a record US$10.02 billion in net income for Q2 2025, outperforming financial giants like Goldman Sachs and Bank of America. The company aims for a 30% annual BTC yield and is raising US$4.2 billion via stock issuance for further Bitcoin acquisitions. Japan’s Metaplanet announced plans to raise US$3.6Continue Reading
