CoinDesk's parent company, crypto platform Bullish (BLSH), announced its second-quarter earnings, reporting a net loss of $280 million, compared to a loss of $108.3 million in the same period last year. Despite a slowdown in crypto trading, adjusted revenue increased by 62% year-over-year to $92.6 million, with subscription, services, and other revenue reaching a record $62.7 million. The company also raised its full-year guidance for subscription, services, and other revenue to $225 million to $245 million. Bullish shares rose nearly 1.5% in pre-market trading.