Bullish and Gemini IPO docs use new GAAP rules to boost income
Bullish and Gemini have used new accounting rules to make their net income/loss look even better, but the IPO was their main focus all along.
Bitcoin24h
$71,548.99-1.92%
Ethereum24h
$2,215.56-1.28%
XRP24h
$1.33-1.78%
BNB24h
$593.36-1.90%
Solana24h
$82.15-2.98%
TRON24h
$0.3186-0.13%
Dogecoin24h
$0.0910-2.70%
Hyperliquid24h
$41.13-2.17%
UNUS SED LEO24h
$10.13+0.12%
Cardano24h
$0.2438-3.72%
Circle execs and VCs misread the market — it cost them $2B
Circle VCs and executives sold $270M worth of stock that would have been worth an extra $1.9B had they waited a couple of weeks.
-
Iran wants tolls paid in bitcoin for Strait of Hormuz passage—by Protos Staff
-
Michael Saylor’s Strategy lost $1.2 billion buying bitcoin in Q1—by Protos Staff
-
US Senator asks if Binance lied to Congress about Iran—by Protos Staff
-
The slow-motion ‘bank run’ in private credit—by Protos Staff
-
Gemini’s 10-K reveals loan loop between exchange and founders—by Protos Staff
-
Archblock files for bankruptcy, blames fraud and Justin Sun-linked deal—by Protos Staff
-
Steakhouse Financial front-end breach exposes users to phishing scam—by Protos Staff
-
Stripe stablecoin unit Bridge denies shipping trucks to company in Venezuela—by Protos Staff
-
Flare’s billion-dollar XRP DeFi dream has just 80 new users a day—by Protos Staff
