By Emir Abyazov Key highlights: $36M stolen from Upbit at the same moment its parent company closes a $10B deal Authorities launch urgent inspections as Upbit freezes transfers Exchange promises full compensation, but the timing raises serious questions South Korean crypto exchange Upbit has suffered a major security breach, with hackers stealing approximately $36 million […]
Tag: IPO
By Marco Piccolo Key highlights: Kraken has confidentially filed for a U.S. IPO following an $800 million fundraising round that valued the company at $20 billion. The capital raise, led by institutional investors and Citadel Securities, marks a significant step in Kraken’s global expansion strategy. The IPO filing comes amid broader momentum for digital asset […]
By Emir Abyazov Key highlights: Japan considers new limits as crypto-heavy firms see dramatic losses Major DAT companies plunge, triggering calls for tighter oversight JPX may close loopholes used by firms turning into Bitcoin holders The operator of the Tokyo Stock Exchange is weighing new restrictions for publicly traded companies that shift their core […]