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Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle
18.11.2022
Crypto true believers say blockchain markets and finance represent an existential threat to the traditional financial industry. But now's probably not the time for Wall Street to gobble up ailing crypto firms, analysts say
Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath
18.11.2022
Bank of America has had a buy rating on Coinbase throughout its long decline this year, but threw in the towel on Friday with a downgrade to neutral
From Enron to FTX: Wall Street Turnaround Titan John Jay Ray III Takes Reins from FTX CEO Sam Bankman-Fried
11.11.2022
Sam Bankman-Fried handed over control of his company to the veteran Wall Street bankruptcy lawyer who will guide the company’s Chapter 11 process
Jefferies CEO Expressed Doubts About Sam Bankman-Fried in July
10.11.2022
Rich Handler made multiple attempts to meet with the FTX CEO, who he feared would go from rescuer to rescuee
Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals
8.11.2022
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com...
Meta reportedly plans 'large-scale layoffs,' but what of its metaverse division?
7.11.2022
As of the end of September, Meta had more than 87,000 employees — a large proportion of which is said to work in the Reality Labs division
Coinbase's Weak Third Quarter May Not be the Bottom: Wall Street
4.11.2022
Coinbase Global said that interest income from USDC gave them a boost while trading on the platform continued to weaken
Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes
1.11.2022
Two analysts downgraded their recommendation on Argo's shares
Racer Ross Chastain wasn’t sure it would 'actually work' as he'd only done it as a kid in NASCAR 2005
31.10.2022
Video games can teach you many things. For example, jumping off a very tall cliff is deadly, or people will stop looking for you if you just hide in a closet for a bit. But I never thought I’d see a video game teach someone how to pull off a buck-wild racing maneuver involving a wall, high speed...
Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes
21.10.2022
DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners
Binance US taps “most feared man on Wall Street” for new investigations unit
21.10.2022
Former FBI special agent BJ Kang has been onboarded with Binance US to steer a new investigative unit aimed at finding and stopping illegal activity
Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum
11.10.2022
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon was approved by the New York State Department...
8 Years Ago Today: Bitcoin Traders Slayed the Infamous Bear Whale Who Dumped 30,000 BTC in a Single Trade
7.10.2022
Eight years ago today on October 6, 2014, while the price of bitcoin was coasting along at $330 per unit, an anonymous Bitstamp trader placed an order to sell 30,000 bitcoins. Moreover, the trader, now infamously known as the “Bear Whale,” sold the coins at $300 per unit, which...
Wall Street disaster expert Bill Noble: Crypto spring is inevitable
4.10.2022
“It’s 10% up or 10% down each day. I don’t have to wait five years in between crises. As a matter of fact, I only have to wait about 45 minutes.”
WALL Partners with Capx for Analytics & Gamification
27.9.2022
WALL recently announced a partnership with Capx to bring analytics and gamification together. The partnership aims to help projects build stronger bonds with communities. The popular Web3 project, WALL, released a string of tweets to inform users about the collaboration. The tweets provided a brief...
Wall Street Bank CEOs Tell Congress They’re Unlikely to Finance Crypto Miners
21.9.2022
The chief executives of Citigroup, Bank of America and Wells Fargo were questioned Wednesday at a congressional hearing
New Crypto Exchange Aims to Bring What Old Crypto Hates: Wall Street Intermediaries
20.9.2022
Jamil Nazarali, CEO of EDX Markets, joined CoinDesk TV’s “First Mover,” to discuss what the exchange could mean for institutional investors as it looks to use intermediaries to administer digital asset trading
Wall Street Backs New ‘Low Fees’ Crypto Exchange - Is This the Future and Should You Be Worried?
16.9.2022
A consortium of leading Wall Street broker-dealers, global market makers, and venture capital firms have announced the launch of a first-of-its-kind crypto exchange called EDX Markets (EDXM) that will be operated like a traditional stock exchange. ...
Read More: Wall Street Backs New ‘Low Fees’...
Wall Street mainstays setting up digital assets exchange with on-chain settlement
13.9.2022
Some of the biggest names in finance are joining together to create the EDXM exchange, citing a pent-up demand for crypto assets and the need for compliance and security
Wall Street Titans' New Crypto Exchange Aims to Seriously Cut Costs for Investors
13.9.2022