Friday, June 26

Business

Bullish Posts Q1 Earnings Miss, 5M Loss

Shares in the US crypto exchange Bullish fell on Thursday after the company’s first-quarter earnings missed analysts’ top and bottom line expectations.Bullish’s adjusted revenue for the quarter ended March 31 was $92.8 million, up from $62.4 million a year ago,…

THORChain Opens Refund Portal After M Hack

THORChain has confirmed a $10 million exploit and launched a recovery portal, giving affected users a self-custodial path to revoke malicious token approvals and submit refund claims backed by a treasury-provisioned refund pool of equal size.In a Saturday post on…

Strategy’s STRC Hits Record .5B Daily Trading Volume

Strategy’s perpetual preferred stock, STRC, the company’s primary vehicle for funding its Bitcoin purchases in 2026, hit a new daily trading volume record of $1.5 billion on Thursday.“All-time high volume. $1.53B of liquidity,” chairman Michael Saylor said, referring to Strategy’s…

THORChain Halts Trading After ZachXBT Flags M Exploit

Decentralized liquidity protocol THORChain halted trading after blockchain investigator ZachXBT flagged a suspected exploit of more than $10 million.A THORChain alerts Telegram channel showed all trading and signing halted, with a global node pause extended until block 26191149, or roughly…

South Korea to Announce Tokenized Securities Laws in July

South Korea’s Financial Services Commission (FSC) plans to release detailed tokenized securities rules in July as the country prepares to bring blockchain-based securities under its capital markets framework in 2027.The measures are expected to include a roadmap for tokenizing stocks,…

S&P upgrades Nigeria’s credit rating, FG reacts

S&P Global Ratings has upgraded Nigeria’s credit rating from B- to B with a Stable Outlook, an indication that the US-based agency believes Nigeria’s economy is getting better. The improved rating was disclosed by finance minister Taiwo Oyedele in an…

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