WorldPingPeter Thiel-backed crypto exchange Bullish reported a $280 million Q2 net loss as digital asset sales fell 44% and adjusted revenue rose 62%.
This is a short WorldPing brief. The full report was published by The Block.
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WorldPingBullish's second-quarter loss of $280 million was mostly attributable to a $244.6 million markdown on the company’s bitcoin holdings.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBitcoin Magazine Nakamoto Posts First Positive Adjusted Operating Income, Despite $133M GAAP Net Loss The company's first quarterly results are a turning point in the Bitcoin-native company.
Brief by WorldPing · Original reporting by Bitcoin Magazine
WorldPingMetaplanet moved over 5,000 Bitcoin (worth about $322 million) this week, triggering market speculation that the firm might be liquidating a portion of its corporate reserves. On Aug.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingThe prediction-market platform raised $1 billion at a $22 billion valuation in May and is now discussing a new round that could nearly double that figure.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingA South Korean court sentenced the head of centralized finance (CeFi) lender Delio to 15 years in prison for embezzling digital assets from more than 1,100 customers.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingA future Bitcoin buyer may encounter the asset through a portfolio they already own. An adviser can add a small allocation, a brokerage account can hold a spot ETF, and future retirement products could place Bitcoin inside another familiar investment wrapper.
Brief by WorldPing · Original reporting by CryptoSlate
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