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In: Crypto Exchange

Garantex, Grinex, and executives face sanctions for allegedly processing over US$100 million (AU$153.97M) in illicit cryptocurrency. The exchange reportedly moved hundreds of millions in criminal proceeds linked to hacking, ransomware, terrorism, and drug trafficking. A7A5 stablecoin issuer Old Vector and subsidiaries were sanctioned, connected to Promsvyazbank and other sanctioned RussianContinue Reading

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In: Bullish, Crypto Exchange

Bullish secured US$1.1B in its IPO, debuting at a US$5.4B valuation. Shares surged 84% on opening day, lifting co-founders Brendan Blumer and Kokuei Yuan’s net worths above US$2B each. Launched in 2021, the exchange has facilitated over US$1.25T in trades across spot, margin, and derivatives markets. Cryptocurrency exchange Bullish hasContinue Reading