Cryptocurrency Exchange

Bullish, the crypto exchange and CoinDesk owner, launched its IPO at $37 per share, raising $1.1 billion with significant interest from major investors like BlackRock. The company aims to expand as it goes public for the second time.

The hacker group Gonjeshke Darande claimed responsibility for a $90 million theft from Nobitex, Iran's largest cryptocurrency exchange. The stolen assets were transferred and burned with political messages against Iran's Revolutionary Guard, highlighting political motives amid rising regional tensions. Nobitex confirmed the breach and the incident raises concerns over crypto's role amid international sanctions.