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Markets

Upbit Reveals 5.9B-Won Corporate Loss in Latest Hack, Fully Reimburses Users

Upbit said it reimbursed all 38.6 billion won in member assets from its reserves.

FastNews (CoinDesk)

Finance

Crypto Asset Manager Grayscale Files for IPO in the U.S.

The crypto asset manager submitted an S-1 to the SEC for a proposed stock offering as industry players accelerate moves into U.S. public markets.

Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)

Markets

XRP and SOL Futures Open Interest on CME Hits Record High

Record XRP and Solana futures activity pushed open interest on the derivatives giant’s platform to roughly $3 billion, signaling renewed retail and institutional appetite for altcoin exposure.

FastNews (CoinDesk)

Markets

Buying-The-Dip? Crypto Trader Deploys $15M to Buy BTC, SOL, HYPE and PUMP

Bitcoin's value dropped over 2%, dragging the broader market lower.

FastNews (CoinDesk)

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Markets

Insurance Against Price Slides in BlackRock's Bitcoin ETF Now Costliest Since April Crash

Protection against price drops in BlackRock's spot bitcoin (BTC) ETF, IBIT, is now at its priciest since the early April market slide.

FastNews (CoinDesk)

Finance

Grayscale Files Confidential Submission for IPO With SEC

The asset manager joins a number of crypto firms that are looking to go public as the digital assets market heats up.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Markets

Core Scientific Soars 25% as WSJ Reports Buyout Talks With CoreWeave

A number of bitcoin miner shares are moving higher on the news.

Máquinas de minería de bitcoin (Shutterstock)

Finance

SharpLink Gaming Boosts Ethereum Treasury to 188,478 ETH With $30M Purchase

The gaming firm now holds nearly $470 million in ETH and claims to be the largest publicly traded holder of the cryptocurrency.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

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Finance

Anthony Pompliano’s ProCap to Go Public in $1B Bitcoin Treasury SPAC Deal

ProCap Financial will hold Up to $1B in BTC and monetize holdings through yield strategies.

Image of Anthony Pompliano

Finance

GameStop Purchases Over $500M Worth of Bitcoin

GameStop announced the purchase on X on Wednesday but did not offer further details about when the BTC were acquired or the price paid.

A GameStop store (CoinDesk Archive)

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