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Bithumb disclosed an operating loss of 14.9 billion won ($11 million) in 2023, citing a 58% revenue drop and Q4’s fee-free policy as contibuting factors. South Korea’s cryptocurrency exchange Bithumb has revealed an operating loss of 14.9 billion won (~$11…
Thailand’s biggest crypto exchange Bitkub is hiring advisers to go public on the Stock Exchange of Thailand next year. Bitkub Capital Group Holdings, the owner of Thailand‘s largest crypto exchange by trading volume Bitkub, has started hiring advisors for its…
Two cryptocurrencies affiliated with Reddit communities increased more than 15% in 24 hours.
San Francisco-based Reddit — which owns Bitcoin (BTC), Ethereum (ETH), and Polygon (MATIC) according to its IPO filing — is reportedly between four and five times oversubscribed.
The TON blockchain announced integration with the cryptocurrency custodian Fireblocks with the participation of DWF Labs.
The Open Network's blockchain cryptocurrency, Toncoin, reached its highest level since January 2022, rising 12% in 24 hours.
Reddit said it acquired major cap cryptocurrencies, including Bitcoin, for varying reasons and has received digital asset payments for limited services since at least 2022.
Amid a 35% market cap decline since early 2023, how could Circle’s IPO recalibrate its market position and affect the broader crypto ecosystem? In a move towards regaining the lost market share, Circle Internet Financial, the company behind USD Coin…
Reddit, a prominent social media platform, is planning its IPO in March, intending to sell about 10% of its shares following its $10 billion valuation in 2021.
Fintech firm Ripple has put its plans to become a public company on hold after exploring markets outside the U.S. The San Francisco-headquartered company Ripple has paused its plans for an initial public offering (IPO) after reports revealed that the…
The USDC issuer Circle is taking another jab at going public after a SPAC agreement with Concord Acquisition broke down in late 2022. Stablecoin operator Circle has filed a confidential S-1 form with the United States Securities and Exchange Commission…
Once a key player in the metaverse realm, Roblox anticipates a challenging 2024 as its investors voice concerns regarding the company’s ability to achieve sustainable profitability. Roblox, previously touted as a metaverse hub within the gaming platform space, is gearing…
With the US approving BTC spot ETF, the Dencun upgrade, and other vital catalysts, we could very likely witness a Bitcoin Super Cycle in 2024
Following its listing on the Abu Dhabi Securities Exchange (ADX), Middle Eastern Bitcoin mining company Phoenix Group has announced a new deal with Whatsminer, the second largest Bitcoin mining machine manufacturer.
Cryptocurrency miner Phoenix Group has delayed its listing on the Abu Dhabi Securities Exchange. Bitcoin (BTC) mining firm Phoenix Group has moved the date for going public on the Abu Dhabi Securities Exchange (ADX). According to a press release published…
Phoenix Group, a major bitcoin mining service provider based in Abu Dhabi, recently announced the successful completion of its Initial Public Offering (IPO), securing a substantial $370 million in capital.