After Twitter’s mass layoffs caused a stir in the tech world, Meta appears to be following suit. According to a Wall Street Journal report, the owner of Facebook and Instagram will begin trimming staf...
Tag: WSJ
Opendoor Vents the Roof – WSJ
Zillow’s decision last year to jump out of this burning house is suddenly looking kind of smart. Opendoor Technologies said Thursday that its automated home-flipping business sold 33% more homes than ...
Celsius Network Faces “Ponzi Scheme” Investigation, WSJ
Wahid Pessarlay Bankrupt crypto lender Celsius Network faces investigation whether it’s a “Ponzi Scheme” According to a Wall Street Journal (WSJ) report, the court appointed an examiner to dive into C...
Here’s How Much a16z’ Largest Crypto Fund Is Down: WSJ
Venture capital giant Andreessen Horowitz, also known as a16z, has been affected by the ongoing crypto winter, with the company’s flagship cryptocurrency fund losing nearly half of its value in the fi...
Flagship Andreessen Horowitz Crypto Fund Lost 40% in First Half of 2022: WSJ
The report comes months after the firm announced the biggest crypto venture fund in history Before this year’s drop in performance, Crypto Fund I had been one of a16z’s highest-performing investments ...
Thousands of government officials owned or traded stocks that stood to rise or fall with decisions their agencies made, WSJ finds — here’s what else the hidden records show
Thousands of government officials owned or traded stocks that stood to rise or fall with decisions their agencies made, WSJ finds — here’s what else the hidden records show Just a few weeks afte...
Rupert Murdoch Mulls Reuniting Fox And News Corp, Including WSJ
Topline Billionaire media mogul Rupert Murdoch is considering reuniting News Corporation and Fox Corporation into a single company, which would put the Wall Street Journal newspaper and other print pr...
Nutanix stock rockets toward a 5-month high after WSJ report of buyout interest
Shares of Nutanix Inc. NTNX, +0.76% soared 20.2% toward a five-month high in premarket trading Friday, after The Wall Street Journal reported that the cloud services company has received buyout intere...
One-third of Staff Laid Off in Digital Investment Group NYDIG: WSJ
New York-based digital investment group NYDIG laid off nearly a third of its workforce, about 110 people in total, according to the Wall Street Journal, citing sources with the matter on Thursday. The...
WSJ Suggests CME Group Registered a Futures Commission Merchants
The recently published report by WSJ showed that CME Group registered a Futures Commission Merchants (FCM) brokerage. It will help the investors to trade futures on the CME platform. The FCM Registrat...
Coinbase responds to WSJ in a blog post about a $100M trade
Join Our Telegram channel to stay up to date on breaking news coverage Coinbase and The Wall Street Journal use different meanings. Previously this year, the paper reported a claimed account of the te...
Coinbase Counters WSJ: Denies Running Trading Business
Crypto exchange Coinbase replied to a report from The Wall Street Journal about an alleged new trading venture. Since its debut as a publicly traded company in the United States, the company’s stock h...
Binance and FTX lead Voyager auction: WSJ
Crypto exchanges FTX and Binance are leading the auction for embattled crypto-lender Voyager, according to a new report from the Wall Street Journal. The auction for Voyager began last week in the law...
Binance Leads FTX in Voyager Assets Bid: WSJ Report
Major cryptocurrency exchanges Binance and FTX are reportedly leading the bid to acquire assets of troubled crypto lender Voyager Digital, which filed for bankruptcy in July. Other recent reports clai...
Ethereum could face SEC scrutiny after The Merge: WSJ
Ethereum’s shift from proof of work to proof of stake may cause the Securities and Exchange Commission to take a closer look at regulating the cryptocurrency as a security, Chair Gary Gensler hinted o...
Ethereum Under Potential SEC Scrutiny after The Merge: WSJ
Ethereum’s latest software update may have caught the Securities and Exchange Commission (SEC) chair’s attention to categorize the second-largest cryptocurrency as a security, according to...
Tech investor SoftBank considering a third startup investment fund: WSJ
Tech investor SoftBank Group is considering the creation of yet another Vision Fund despite the decidedly mixed results of the first two, according to a report from the Wall Street Journal citing peop...
Walmart and Target among 1,600 merchants calling for credit-card fee law, says WSJ
Merchants such as Target Corp. [s] and Walmart Inc. WMT, +0.09% signed on to a letter asking Congress to pass a law that would require options for the routing of credit-card transactions over alternat...
Fidelity considers Bitcoin trading for brokerage clients- WSJ
Fidelity Investments, a leading financial services provider with an increasing visibility in the crypto and blockchain investing space, is reportedly considering allowing its customers access to crypt...
Fidelity Is Considering Offering Bitcoin to Retail Investors: WSJ
Fidelity customers may soon be able to buy Bitcoin via the company’s brokerage platform, according to The Wall Street Journal. Boston-based investment giant Fidelity, which manages over 34.4 million ...
Tether Responds to WSJ Allegations of Mismanagement of Funds – crypto.news
Tether issued a statement informing its community of false material that had been spread to cast doubt on the organization’s integrity. The misinformation cited above pertains to a Wall Street Journal...
FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ
The Financial Accounting Standards Board (FASB) will not include NFTs and some stablecoins in its crypto accounting review, The Wall Street Journal reported on Aug. 31, citing sources. According to th...
Tether Responds to Supposed Attack in WSJ Report
Major stablecoin issuer Tether has refuted claims made in an earlier story by the Wall Street Journal (WSJ), stating that the publication discredited the company’s transparency efforts and questioned ...
Is Tether caught in a FUD fiasco? WSJ report could give you a clue
Tether [USDT], one of the largest stablecoins by market cap, has been dominating the stablecoin space for quite some time. Even though Tether is crowned king of the stablecoin space, it has seen a lot...
The Recent WSJ Report On Tether Is Not True, Tether Network Hits Back
The crypto market is flashing green with the world’s first cryptocurrency, Bitcoin and Ethereum regaining $20,000 and $1,600 levels respectfully. However, the global crypto market is still positioned ...
Tether Hits Back at WSJ After Damning Report
Alex Dovbnya Leading stablecoin issuer has played down accusations in recent report published by The Wall Street Journal Stablecoin issuer Tether has taken aim at The Wall Street Journal in its recent...
Tether Hits out at WSJ, Accuses Publication of Having an Agenda Regarding Company Reserves
Tether alleges that the Wall Street Journal has spread false information about its reserve composition and business profitability. In a statement issued on Aug. 30, 2022, Tether accused the Wall Stree...
Tether Promises Audit Following WSJ Criticism
Key Takeaways Tether has responded to claims from the Wall Street Journal alleging that the firm has not been audited. The firm publishes regular attestations or snapshots of its stablecoin reserves i...
SEC v. Ripple battle spills over into WSJ op-ed pages
The battle between crypto firm Ripple and the Securities and Exchange Commission (SEC) has moved into a new venue of sorts. Early last week, SEC Chair Gary Gensler wrote an op-ed for the Wall Street ...
0.3% fall in assets “could render Tether technically insolvent” — WSJ
An article in the Wall Street Journal (WSJ) has claimed that Tether’s balance sheet is in a position that even a 0.3% drop in value of its reserve assets could “render Tether technically insolvent.” I...