Peter Thiel-backed exchange Bullish targets $4.2 billion valuation, plans to convert IPO proceeds into stablecoins
Key Takeaways Bullish aims to raise up to $629 million in its IPO at a $4.2 billion valuation. The firm
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Exchange
Africa’s largest crypto exchange introduces tokenized US equities on its platform
Key Takeaways VALR has launched xStocks, enabling users to trade tokenized US-listed equities on its platform. xStocks tokens can be
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Employee of Indian Exchange Arrested in $44M Crypto Hack, Malware Blamed
Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft but
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Coinshares Launches SEI ETP With Zero Management Fees and 2% Staking Yield on SIX Exchange in Switzerland
Coinshares announced the launch of the Coinshares Physical Staked SEI (Ticker: CSEI), the first zero-fee exchange-traded product (ETP) providing regulated
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Coinbase in advanced talks to acquire India’s largest crypto exchange CoinDCX
Key Takeaways Coinbase is in advanced talks to acquire India’s largest crypto exchange, CoinDCX. CoinDCX’s valuation has dropped below $1
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Crypto exchange Bakkt plans public offering to raise funds for Bitcoin purchases
Key Takeaways Bakkt plans to raise funds through a public offering of stock and pre-funded warrants. Proceeds will be used
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Polymarket to Re-Enter US Market After Acquiring Regulated Exchange QCX
Crypto-betting platform Polymarket is set to return to the U.S. market after federal regulators closed investigations and it struck a
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Indian Exchange Suffers $44M Hack—Solana Hot Wallet Compromised in Sophisticated Attack
According to Cyvers, a hack was detected at the Indian centralized exchange CoinDCX, resulting in the theft of approximately $44.2
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India’s largest crypto exchange CoinDCX hacked, breach limited to internal wallet
Key Takeaways CoinDCX suffered a loss after hackers breached an internal operational wallet. Customer funds remain unaffected, and the exchange
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Peter Thiel-backed crypto exchange Bullish formally files for IPO
Key Takeaways The SEC filing confirms a June FT report that Bullish had submitted IPO paperwork confidentially. Bullish generated $302
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