Journal
In a rare outcome for bankruptcy, customers of the failed cryptocurrency exchange FTX will recover all of their money—and then some. Those who lost money when the exchange collapsed in…
Read article →The great crypto and fintech comeback of 2024 continues apace. On Wednesday, Robinhood pulled off its second consecutive earnings surprise, posting quarterly records for revenue and net income while handily…
Read article →The crypto conglomerate Digital Currency Group posted revenues of $229 million in the first quarter of 2024—a year-over-year increase of over 50%, and 11% from the previous quarter. The figures…
Read article →Happy Friday. Earlier this week, I dropped by the Milken Institute’s swank annual conference in Los Angeles, where I met with State Street’s chief product officer Donna Milrod. She has…
Read article →U.S. voters will choose their next president in less than six months, and, as incredible as it sounds, crypto could shape the outcome. Recall that, four years ago, the crypto…
Read article →It’s the meme that launched a thousand trades. Shares in GameStop Corp and related meme coins surged on Monday morning after retail trader Keith Gill—a.k.a. the “TheRoaringKitty”—hinted at his return…
Read article →Don’t look now, but Bitcoin is back. This may come as a surprise to investors who wrote off crypto altogether after a spectacular series of frauds and mishaps led the…
Read article →Remember the heady days of early 2021? That’s when YOLO retail investors, bored by the pandemic and flush with stimulus checks, poured into meme “stonks” and boasted on Reddit of…
Read article →A Chinese-owned Bitcoin miner is being kicked of its land in Wyoming following an order from President Joe Biden. The administration has given the miner and its partners 120 days…
Read article →Last July was a watershed moment for the crypto industry in D.C., as the House Financial Services Committee advanced two pieces of legislation—a stablecoin bill and a market structure bill—promising…
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