By Emir Abyazov Key highlights: A 420% surge puts Moore Threads at the center of China’s chip ambitions. The IPO success raises new questions about Nvidia’s dominance. Massive demand reveals how strongly China backs local chipmakers. Chinese chipmaker Moore Threads Technology made a dramatic debut on the Shanghai Stock Exchange, with shares skyrocketing 420% on […]
Tag: IPO
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 […]
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 […]