Bullish, a crypto exchange backed by Peter Thiel, reported a $280 million net loss in Q2 2026, mainly due to a $244.6 million Bitcoin writedown. Despite this, shares rose nearly 12% as adjusted revenue of $92.6 million and adjusted EBITDA of $29.5 million beat expectations. The loss improved significantly from Q1's $605 million deficit. CEO Tom Farley highlighted growth prospects and a planned acquisition as reasons for optimism. Upcoming accounting rule changes could also affect future financial reporting.
The fourth Digital Assets & Tokenization Summit held in Singapore brought together global financial leaders, institutional investors, and tech innovators to discuss how AI, tokenization, and digital assets are transforming capital markets. Key discus...
A London-based novelist, using the pen name A. Nobody, has independently published a thriller titled "A Nobody: London Doesn't Believe in Superheroes." The story follows a masked hero who stops violent crimes in London anonymously, reflecting the aut...
Coastal Community Bank has committed $5 million to the Solomon Hess SBA Loan Fund to support small businesses in Snohomish and King Counties. This investment helps expand access to capital for businesses that may not qualify for traditional loans, fo...
Bitcoin fell 2.19% to $81,605 and Ether dropped 3.93% to $2,412 following hotter-than-expected US inflation data for September. The consumer price index rose 3.7% year-over-year, surpassing forecasts and August's rate, causing $455 million in crypto ...
Three new wallets have staked a combined total of 1.255 million Hyperliquid (HYPE) tokens, valued at approximately $100.43 million. The largest wallet staked 460,180 HYPE ($36.84M), the second 449,900 HYPE ($35.98M), and the third 345,250 HYPE ($27.6...
