02:50 2025-06-11
GameStop: Q1 net income of $44.80 million and purchase of 4,710 bitcoins in cashNYSE-listed GameStop released its 2025 Quarter 1 results report, which disclosed:
Net sales for the quarter were $732.40 million, operating loss was $10.80 million, and net income was $44.80 million;
Cash, cash equivalents and marketable securities at the end of Quarter 1 were $6.40 billion compared to $1 billion at the end of Quarter 1 last year.
The Canadian divestiture was completed on May 4 and 4,710 bitcoins were purchased in cash between May 3 and June 10.
02:50 2025-06-11
Nasdaq has filed with the SEC to list the 21Shares SUI ETFNasdaq has filed an application with the Securities Exchange Commission (SEC) to list the 21Shares SUI ETF, a spot-traded fund based on SUI tokens. The 19b-4 filing has now been officially released to the SEC's public registry, marking the official start of the review process.
The application follows 21Shares' S-1 registration filing in April, reflecting the institution's growing embrace of the Sui ecosystem. Together, the two documents advance the process of launching the SUI ETF in the US mark...
02:44 2025-06-11
1Confirmation: Stablecoins represent one of the products that truly fit the market in the cryptocurrency space1Confirmation Newsletter said that stablecoins represent one of the first products in the cryptocurrency space to go beyond speculation and truly fit the market. We are about to see an explosion of native applications of stablecoins on a scale far beyond speculation.
Consumer applications: Polymarket has proven that stablecoin native applications can gain mainstream adoption, handle billions of transactions, and deliver truth and information to the world. This is just the beginning.
Emerging mar...
02:38 2025-06-11
Crypto exchange Bullish backed by former PayPal CEO files for IPOOn June 11, the Financial Times reported that Bullish, a cryptocurrency exchange backed by former PayPal CEO Peter Thiel, has filed confidential initial public offering (IPO) filings with the Securities Exchange Commission (SEC).
Jefferies will act as lead underwriter for Bullish's previous attempt to list through a special purpose acquisition company (SPAC) in 2021, but the deal fell through the following year when rising US interest rates sent the stock market lower.
So...
02:29 2025-06-11
Starknet: STRK Staking v2 to be launched on the mainnet on June 17Starknet, the Ethereum Layer 2 network, announced in a post on the X platform that STRK Staking v2 is scheduled to go live on the mainnet on June 17. This upgrade brings two key features to validators: block proof and commission adjustment, allowing validators to increase commissions under strict conditions to protect principals. Starknet added that to ensure the stability of the mainnet implementation of this upgrade, the staking contract will be suspended for a few hours at deployment time, fo...
02:26 2025-06-11
The governor of the Bank of Korea will meet with the governors of commercial banks to discuss stablecoinsAccording to Newsis, Bank of Korea (BOK) Governor Lee Chang-young will meet with commercial bank governors at the Central District Bank Hall in Seoul on the 23rd of this month and is expected to discuss the issue of a won-based stablecoin issuance. The meeting will be accompanied by Deputy Governor Park Jong-woo, who is in charge of monetary policy and financial marekt.
Previously, the Bank of Korea was cautious about the issuance of Korean won stablecoins by the non-banking sector due to the we...
02:11 2025-06-11
BNB breaks through $670The market shows that BNB broke through $670 and is now quoted at $670.17, with a 24-hour increase of 0.72%. The market fluctuates greatly. Please do a good job in risk control.
02:02 2025-06-11
California governor: Trump administration is pushing for mass deportationsGavin Newsom, the governor of California, said the Trump administration's focus was not on undocumented immigrants and criminals, but on mass deportations. On Tuesday, Mr. Newsom said the administration was "indiscriminately targeting hard-working immigrant families, regardless of origin or risk."
01:52 2025-06-11
Ethereum Linkage: SBET token is a scam and has nothing to do with Sharp Link GamingAccording to ChainCatcher, Ethereum co-founder Joseph Lubi tweeted, "The SBET token is a scam. It has nothing to do with Sharp Link GamingInc (ticker SBET). The real SBET is currently listed on NASDAQ. If you buy this token, you will be ripped off."
Then some community users replied to Joseph Lubi in the comment area, saying that the SBET token is just a spiritual symbol of Meme.