• bullish IPO
    Exchange

    Crypto Exchange Bullish Surpasses IPO Estimates, Raises $1.11 billion

    August 13, 2025 - By 

    Cryptocurrency exchange Bullish, which is backed by billionaire Peter Thiel, completed its initial public offering on Wednesday. It raised $1.11 billion by selling 30 million shares at $37 each, which is well above its targeted $32-$33 price range. The offering values the company at $5.41 billion.  The exchange began trading on the New York Stock Exchange under the ticker symbol “BLSH”. JPMorgan, Jefferies, and Citigroup served as lead underwriters for the deal. Institutional investors BlackRock and Cathie Wood’s Ark Investment Management committed to purchase up to $200 million worth of shares from the offering, demonstrating strong institutional appetite for crypto-related…

  • european blockchain conference
    Event

    Europe’s Blockchain Power Shift Happens In Barcelona This Year

    August 13, 2025 - By 

    Disclaimer: This article is written in partnership with European Blockchain Convention 11. Coin Medium will cover the event at the venue. If you are around on the dates, feel free to reach out to us for more information and collaboration. Also be sure to use the code “COINMEDIUM15” while booking for your tickets in order to enjoy 15% off.  European Blockchain Convention 11, dubbed Europe’s largest blockchain event will see the attendance of Europe’s Blockchain Powerhouses this year.  As Europe moves beyond tech into mainstream finance, the Blockchain Convention is becoming the center of blockchain and crypto deal-making. It is…

  • what happened in crypto yesterday
    Cryptocurrency

    Do Kwon pleads guilty And Fed Rate Cut Could Be The Anvil

    August 13, 2025 - By 

    You missed what happened in crypto yesterday? Don’t worry, we’ve got you covered! Terraform Labs Founder Pleads Guilty Terraform Labs co-founder Do Kwon pleaded guilty to two counts of wire fraud and conspiracy to defraud, waiving his right to a trial on these charges.  The plea agreement, reported on August 12, 2025, by the US District Court in the Southern District of New York, includes $19 million in financial penalties and a potential prison sentence of up to 25 years if served consecutively, though prosecutors will reportedly recommend no more than 12 years.  Kwon’s sentencing is set for December 11,…

  • Jeff Bezos’s Blue Origin
    Cryptocurrency

    Jeff Bezos’s Blue Origin Pioneers Crypto Payments for Spaceflights

    August 13, 2025 - By 

    Jeff Bezos’s Blue Origin is in the process of transforming the future of space tourism by integrating cryptocurrency payments.  In a Business Wire release, the company announced a groundbreaking partnership with payments processor Shift4 (NYSE: FOUR) for its New Shepard suborbital flights.  Accordingly,  Blue Origin now accepts Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and select dollar-pegged stablecoins, including USDT and USDC. Crypto payments are accepted for seats on its commercial spaceflights,  effective immediately.  The innovative payment system allows customers to book their journey using popular cryptocurrencies via a seamless checkout process.  Shift4’s integration supports direct connections to widely used self-custody…

  • Altcoins

    Pudgy Penguins Mascot Set to Steal the Spotlight at F1 Singapore Grand Prix

    August 12, 2025 - By 

    The Pudgy Penguins, a cute and popular cartoon penguin mascot from a digital collectible project, is making waves as it is set to appear in Formula 1 at the Singapore Grand Prix. It earned this spot by winning a big trading contest on Kraken, a major cryptocurrency platform. In the contest, called a ‘meme coin showdown’, the Pudgy Penguins’ token, PENGU, beat out other cryptocurrencies by having the most trading activity on Kraken. As a result, the Pudgy Penguins logo will be displayed on the Williams Racing team’s car, the FW47, during the race. This is a huge deal for…

  • Steak_‘n_Shake_thanks_Bitcoiners_as_same-store_sales_rise_11__in_Q2
    Bitcoin

    Steak ‘n Shake credits Bitcoin as Q2 leader

    August 12, 2025 - By 

    Steak ‘n Shake said its same-store sales rose 10.7% quarter-on-quarter in Q2 2025, according to its parent company’s latest filing. On Aug. 8, the chain thanked Bitcoin users in a post on X, writing: “Bitcoin has been a game changer.” Steak ‘n Shake outpaces major U.S. rivals Steak ‘n Shake posted a 10.7% quarter-over-quarter rise in same-store sales in Q2, the strongest result among major U.S. fast-food chains that reported for the period. The outperformance adds to signs that merchant Bitcoin payments remain active in the U.S., where Bitcoin is mostly treated as an investment, even as day-to-day use is…

  • Blockchain

    Core Ethereum Developer Federico Carrone Freed from Turkish Detention After Quick Help From Wishers 

    August 12, 2025 - By 

    Federico Carrone, an Ethereum core developer, was released on Monday after being detained by Turkish authorities for about 24 hours over his alleged links to cryptocurrency privacy tools. Turkey’s Minister of Internal Affairs accused Carrone of “helping others misuse Ethereum” through his work on privacy protocols. Carrone believes the charges stem from a January 2022 research paper that he co-authored, examining user privacy on Ethereum and Tornado Cash. “We never helped anyone engage in illegal activity. It was purely research on mixers and their properties,” stated Carrone, who is known pseudonymously as Fede’s Intern.  Quick International Support From Well-wishers Secures…

  • Trump_Media_Files_Amendment_to_Bitcoin_ETF_Registration_Crypto.com_to_Offer_Custody
    Cryptocurrency

    Trump Media names Crypto.com in ETF plan

    August 12, 2025 - By 

    Trump Media & Technology Group, the company behind Truth Social, has filed an amended with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin exchange-traded fund.  Operational partners are named in the filing. Crypto.com will serve as the Bitcoin custodian and liquidity provider, while Yorkville America Digital will act as the fund’s sponsor, according to a Monday release. The amendment still omits key details, including the fund’s fee and ticker symbol, as noted by Bloomberg Intelligence analyst Eric Balchunas. Balchunas has also said the proposed ETF could find it hard to attract investors because it is entering an…

  • Tether and Rumble announced they plan to jointly buy all shares of Northern Data, giving them full control of the AI infrastructure firm.
    Cryptocurrency

    Tether and Rumble aim to buy 100% of Northern Data

    August 11, 2025 - By 

    Tether and Rumble announced they plan to jointly buy all shares of Northern Data, giving them full control of the AI infrastructure firm. In a Monday update, Rumble said the proposal would build on Northern Data’s current AI and high-performance computing (HPC) business. Tether, the issuer of the USDT stablecoin and already Northern Data’s largest shareholder, would support the deal. Tether has also signaled future collaborations in AI, peer-to-peer communications, and data storage. Tether links the deal Tether is the key link in this potential deal. It invested $775 million in Rumble in late 2024, and the two companies deepened…

  • Altcoins

    Anonymous Entity Pours Nearly $1 billion into ethereum During Price Spike

    August 11, 2025 - By 

    An unidentified entity has bought nearly $1 billion worth of ethereum over the past week as the cryptocurrency surged by 21% to cross the $4,000 milestone. The unidentified entity purchased 221,166 ETH tokens, with data analytics platform Lookonchain tracking $212 million in purchases in just 24 hours. The buyer spread their holdings across six different wallets, acquiring tokens from three major cryptocurrency firms – Galaxy Digital, FalconX and BitGo. Out of the six, the wallet with the most Ether has $181 million worth, while the wallet with the least Ether has $ 128 million worth. This buying spree comes with…