– Advertisement – Attorney John Deaton Accuses Gary Gensler’s SEC Of Gross Overreach In Its War On Crypto. John Deaton calls out Gensler for trying to invalidate decades of securities la...
Tag: WSJ
Pension funds remain interested in crypto despite crash: WSJ
Despite losses from the bear market, pension funds across North America remain bullish on crypto, according to Wall Street Journal. That interest is reflected in asset management firm VanEck, WSJ re...
Nvidia Loses Its Game – WSJ
Give Nvidia a bit of credit for knowing to get the bad news out early. It came in the form of a warning Monday morning that revenue for the fiscal second quarter ended July 31 would be about 17% below...
Robinhood Crypto Handed $30M Fine by New York Regulator: WSJ
Share this article The New York State Department of Financial Services has reportedly issued Robinhood Crypto with a $30 million fine. It’s the first time the financial regulator has fined a crypto-fo...
America’s New Energy Crisis – WSJ
America is wrestling with the worst energy crisis in nearly five decades, a period of high prices and limited supply. What makes this crisis different than the troubles that roiled the country in the ...
Chinese Billionaire Jack Ma To Cede Control Of Fintech Giant Ant Group: WSJ
Jack Ma takes part in the “Valuing What Matters” Plenary Session during the third day of the Clinton Global Initiative’s 10th Annual Meeting at the Sheraton New York Hotel & Towe...
Jack Ma to give up control of fintech giant Ant Group: WSJ
China’s billionaire tech boss Jack Ma plans to cede control of Ant Group, the fintech powerhouse closely affiliated with Alibaba, the e-commerce giant he founded, The Wall Street Journal reporte...
Credit Suisse CEO to step down from embattled investment bank, WSJ says
Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstei...
Sergey Brin Ordered Sale of Musk Investments After Affair: WSJ
(Bloomberg) — Google co-founder Sergey Brin instructed his advisers to sell his personal investments in Elon Musk’s companies in recent months after learning that he had a brief affair with his ...
Adam Neumann’s crypto startup delays token launch: WSJ
WeWork founder Adam Neumann’s crypto venture Flowcarbon has delayed the launch of its products along with slowing operations due to market conditions. According to a Wall Street Journal report,...
Wintermute has returned hundreds of millions in obligations to lenders: WSJ
Wintermute, a market maker in the crypto space, has paid back hundreds of millions to its lending counter-parties—a signal of the extent to which leverage is being sucked out of the crypto market. I...
Celsius Hires New Lawyers for Restructuring: WSJ
Celsius Network LLC has hired new lawyers to advise the troubled cryptocurrency lender on restructuring, according to a report from the Wall Street Journal (WSJ). The much-needed restructuring plan ha...
Ripple CEO Says WSJ Article Should Prompt U.S. Congress to Stop SEC Chairman’s Methods of Crypto Regulation
– Advertisement – Garlinghouse has slammed the SEC chairman’s method of regulating the crypto industry. Brad Garlinghouse, Ripple’s CEO, has commented on an opinion piece written by the ...
WSJ editorial slams SEC’s ‘bewildering’ Bitcoin ETF denials
The Wall Street Journal Editorial Board has come out swinging against Gary Gensler’s “legendary” resistance to approving a spot Bitcoin (BTC) exchange-traded fund (ETF). The hard-hitting opinion piec...
Celsius Had Higher Risk Profile Than Average US Bank: WSJ
A recent report from the Wall Street Journal (WSJ) has revealed that embattled crypto lending platform Celsius Network took on more risk than it could naturally handle. A review of the data sent to in...
Crypto lender Celsius hires more advisors ahead of possible bankruptcy: WSJ
Crypto lender Celsius continues to weigh a possible bankruptcy amid serious financial woes, according to the Wall Street Journal. The firm — which froze withdrawals, swaps and transfers earlier this m...
Celsius Has Hired Advisors in Case of Bankruptcy: WSJ
Key Takeaways Celsius has brought in advisors to help it prepare for potential bankruptcy, according to the Wall Street Journal. Insiders say that consultants from Alvarez & Marsal are helping the...
Do Kwon has ‘great confidence’ in rebuilding Terra blockchain: WSJ
Do Kwon, CEO of Terraform Labs, expressed confidence today in the latest efforts to rebuild the Terra blockchain following the collapse of its predecessor in May. Terraform Labs CEO Do Kwon told The W...
Celsius investors ‘unlikely’ to provide bail-out funds: WSJ
Major investors of crypto lending platform Celsius are “unlikely” to provide additional financial support, the Wall Street Journal reports. The news outlet said investors such as Canadian ...
Crypto lender Celsius mulls possible restructuring amid financial woes: WSJ
Crypto lender Celsius has hired lawyers from Akin Gump Strauss Hauer & Feld LLP as it mulls its financial options after halting withdrawals this past weekend, according to the Wall Street Journal....
DIDI Stock Up 49.73% as WSJ Reports Chinese Regulators Are Poised to End Probe
The crackdown on DIDI has been dual-faced with the company noting that the United States Securities and Exchange Commission (SEC) is also investigating it in relation to its IPO last year. Chinese rid...
China to Wrap Probe Into Didi as Soon as This Week, WSJ Says
(Bloomberg) — Chinese regulators are preparing to wrap up their investigation into Didi Global Inc. and restore the ride-hailing giant’s main apps to mobile stores as soon as this week, the Wall...
Are Stocks Undervalued Yet? – WSJ
Everyone wants to know when the stock market, after its recent declines, will be a good value again. The sobering news is that even at its lowest point in mid-May, the S&P 500 index wasn’t even cl...
Bermuda persists in developing digital-asset industry amid downturn, WSJ says
Bermuda is betting that its transparent digital-asset regulations will attract more cryptocurrency business amid recent market turmoil, the Wall Street Journal reported on Friday. Bermuda, which has a...
Coinbase Executives Have Sold Over $1B in Shares Since February: WSJ
Key Takeaways Four Coinbase executives sold off approximately $1.2 billion of shares in a series of sales beginning this February. Those executives include co-founder Fred Ehrsam, CEO Brian Armstrong,...
Binance CEO refutes claims of insider trading: WSJ report
According to an analysis of public data, several wallets have a pattern of buying and selling tokens days before the offering date. According to a Wall Street Journal report, insider trading has been ...
WSJ says the NFT market is collapsing despite strong market data
The non-fungible token (NFT) market recorded major gains in 2021, and a recent post by the Wall Street Journal said that these gains were now futile. The WSJ article said that the NFT market was colla...