Collapsed crypto exchange FTX filed a lawsuit against Grayscale Investment, citing mismanagement of the firm as evidence that it was in violation of Trust agreements. The FTX debtors also filed ...
Tag: people
Bitcoin, crypto prices tread water ahead of pivotal Powell testimony and US jobs data
Crypto markets were relatively flat to start the week ahead of Jerome Powell testimony and some significant economic indicators. Bitcoin was trading around $22,500 by 12:30 p.m. EST, up 0.3%, ac...
Kraken is on track to launch bank ‘very soon’ despite regulatory ‘weird place’
Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment and the recent shuttering of its on-chain staking services for U.S. clients to settle U.S. Securit...
Binance once sought to hire Gensler as an adviser: WSJ
Crypto exchange giant Binance wanted to hire Gary Gensler as an adviser years before he became head of the Securities and Exchange Commission, according to the Wall Street Journal. Gensler decli...
Prosecutors say SBF should only access approved websites. He wants Door Dash and the New York Post
Policy • March 4, 2023, 2:23PM EST Federal prosecutors are seeking to severely limit former FTX CEO Sam Bankman-Fried’s connection to the internet and technological access to a “flip phone...
Arthur Hayes vows his family office Maelstrom will ‘f— some s— up’
Arthur Hayes, a co-founder founder of the Bitmex exchange, said he’s ready to “be more public” about his family office dubbed Maelstrom. “You will see our head of investments, Akshat Vaidy...
Silvergate may be poorly capitalized, reevaluating strategy in light of ‘regulatory challenges’
Silvergate Capital Corporation told the U.S. Securities and Exchange Commission that it may be “less than well-capitalized” and said it was “reevaluating its business” in a filing with the agenc...
Sam Bankman-Fried’s inner circle turns on him
A third member of FTX founder Sam Bankman-Fried’s inner circle pleaded guilty to criminal charges, significantly upping the legal peril for the embattled former CEO. Former FTX Director of...
Snoop Dogg blazes a new trail with gig as chief ganjaroo officer at Roobet
Roobet, a crypto casino offering 3,000-plus games and a fully featured sportsbook, added Snoop Dogg to its C-suite. The rapper joins as, presumably, the first-ever chief ganjaroo officer. Don...
Bitcoin inches higher as prices continue in narrow range, Silvergate whipsaws after downgrade
Markets • March 1, 2023, 10:28AM EST Crypto prices were slightly higher halfway through the week, with most trading within a narrow range. Crypto stocks dipped after the open. Bitcoin was tradin...
UBS says Mt. Gox repayments are unlikely to destabilize bitcoin price
UBS strategists say impending Mt. Gox bankruptcy repayments might not be cause for concern for the price of bitcoin. Crypto prices have been sluggish toward the end of February. Bitcoin was trad...
Ether set to gain market leadership as the ‘stars are aligned,’ say Bernstein analysts
Crypto prices traded in a narrow range throughout February after a rip-roaring January saw some coins rally 40%, as Bernstein analysts say the Ethereum network could be set to explode. Ether wa...
3 Of The 5 Richest People In The World Are Making New Plays In The Real Estate Market
Real estate has long been considered a lucrative investment option for building wealth, and some of the world’s wealthiest individuals are no strangers to this fact. In fact, three of the five r...
Binance bites back against Forbes report claiming transfer of $1.8 billion in client collateral
Binance denied using client assets without consent after a Forbes report said the crypto exchange moved “$1.8 billion of collateral meant to back its customers’ stablecoins.” Forbes ...
‘You can learn a lot from dead people.’ Charlie Munger, Warren Buffett’s 99-year-old partner, doles out investing wisdom.
You have to keep learning if you want to become a great investor. When the world changes, you must change. That was Charlie Munger, Warren Buffett’s long-time partner and vice chairman of Berkshire Ha...
Crypto’s correlation with macro events, US equity markets is weakening, Bernstein says
Crypto prices are continuing to trade in a broadly similar range as the correlation with U.S. equities and macro events weakens, Bernstein analysts said. Crypto-related stocks opened higher on Monday,...
BitFlyer’s ex-CEO vies for former role: Bloomberg
Yuzu Kano, the co-founder of Japanese crypto exchange BitFlyer, is reportedly planning to retake his old position as chief executive officer of the firm, according to a Bloomberg report. Kano’s ...
The Truth About the Four-Day Workweek, From People Who Have Tried It
More companies are experimenting with the four-day workweek, and workers who have tried it are divided on how fruitful an abbreviated schedule can be. Hundreds of WSJ readers responded to our story ab...
French police arrest 2 people in connection to Platypus attack
Two suspects have been arrested by the French police in connection with Platypus’ $9.1 million exploit, and 210,000 euros worth of cryptocurrency has been seized, according to the local authorit...
Lido Finance reports largest ever daily stake inflow with more than 150,000 ETH staked
Lido Finance said Saturday that it saw the largest daily stake inflow ever on the protocol, with over 150,000 ether worth almost $240 million staked. “Upon reaching this number, a curious ...
The Trick To Getting People To WANT To Do More
Seeing your human team through the eyes of “highest and best use” also allows you to create paths for advancement and personal satisfaction. getty As business leaders grapple with the fast-changing na...
Base Protocol’s token jumps 250% despite no affiliation with Coinbase
Base Protocol’s token skyrocketed today, reaching a high of nearly $7.50 around 11:30 a.m EST after months of price stagnation below $1. The spike may have been caused by a misunders...
Bitcoin flirts with $24,000; Coinbase pares gains following Layer 2 announcement
Markets • February 23, 2023, 11:45AM EST Cryptocurrency prices were up over the past day, relatively unaffected by the release of the Fed’s latest meeting minutes on Wednesday. Crypto-related st...
Ark Invest adds another $13 million worth of COIN
Cathie Wood’s Ark Invest made another large COIN purchase, this time coming in at over $13 million. Wood’s fund has added over $30 million in COIN shares this month alone. Ark added...
Bitcoin, crypto prices sink for second day; Coinbase down as markets look to Fed minutes
Cryptocurrency and stocks dipped as the focus turned to the release of the U.S. Federal Reserve’s January meeting minutes later today. Bitcoin was trading at $23,700 by 11.20 a.m. EST, do...
Coinbase earnings beat thanks to USDC interest income, analysts say
Coinbase’s fourth-quarter revenue beat estimates thanks to USDC interest income, analysts said. Interest income for the quarter came in at $146 million, up more than 100% from the previous...
Fake ChatGPT Crypto Are Out And Victimizing People
Artificial intelligence-related investment scams have been all over the news recently. Hundreds of new cryptocurrencies referred to as ChatGPT “tokens” are surfacing on a variety of blockchain network...
Deadlier Mpox Infections Discovered In People With Advanced HIV
Topline Mpox, formerly known as monkeypox, can produce a more severe and more deadly form of disease in people living with advanced HIV infections, researchers wrote in the Lancet medical journal on T...