News linked to both this project and an event.
Bloomberg reported that crypto trading platform Gemini Space Station Inc. announced that following its listing last year, the company has recorded losses for the fourth consecutive quarter. The net loss for the second quarter was $107.7 million, equivalent to a loss of $0.89 per share, higher than the average expectation of analysts surveyed by Bloomberg; the net loss for the same period last year was $133 million. Revenue for the same period increased by 37% year-on-year to $45.5 million, exceeding market expectations.
According to the Chosun Ilbo, 22 bitcoins previously held by Seoul’s Gangnam Police Station during its investigation into a financial hacking case have gone missing—valued at approximately 2.2 billion Korean won at current market prices. The investigation revealed that the涉案 bitcoins were stored in an offline wallet held by the complainant, and individuals who knew the wallet’s mnemonic phrase subsequently restored it externally and cashed out the funds.