The bitcoin mining services firm has previously shipped over $245 million worth of equipment to more than 30 countries.
Bullish, which is run by former NYSE President Tom Farley, bought 100% of CoinDesk from crypto-focused venture capital firm DCG in an all-cash deal.
The funding will help Panoptic develop its perpetual options platform during beta testing ahead of an Ethereum mainnet launch.
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto markets added some 2% in the past 24 hours, with artificial intelligence-focused tokens driving the most gains for weekend traders.
Argentina’s new president-elect has previously spoken positively about bitcoin, calling it “the return of money to its original creator.”
The exchange plans to start what could be the country’s first trading of digital securities, according to Bloomberg.
The platform, Start, will begin operating on Dec. 25 with a $20 million real-estate securities issue.
The notional open interest in BTC options listed on Deribit rose to a record $15 billion last week as traders scrambled to take bullish exposure.
OpenAI ousted Sam Altman as its chief last week after the board said it no longer had confidence in his ability to lead the company.