Why Coinbase is banning slide decks and ‘endless meetings’
Coinbase CEO Brian Armstrong is looking for enhanced efficiency from its internal teams, noting that rapidly growing firms often become complacent and slow. Go to Source Powered by WPeMatico
Month: July 2022
Institutional investor sentiment about ETH improves as Merge approaches
Professional investors are warming to Ethereum again as ETH-based funds see a third consecutive week of inflows. Go to Source Powered by WPeMatico
Liquidators can subpoena 3AC founders despite ‘tricky issues’ with crypto assets
The counsel for liquidators said he didn’t know the current location of Zhu or Davies, alleging the duo have not provided “meaningful cooperation” with the liquidators. Go to Source Powered by WPeMatico
California regulator investigating crypto interest accounts
The regulator also said in its view that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager. Go to Source Powered by WPeMatico
Charlie Munger: Everybody Should Avoid Crypto ‘as if It Were an Open Sewer, Full of Malicious Organisms’
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has a message for investors considering cryptocurrency. “Never touch it,” he stressed, adding that everyone should follow his example and avoid crypto “as if it were an open sewer, full of malicious organisms.” Charlie Munger Reaffirms His Anti-Crypto Stance Charlie Munger, Warren Buffett’s right-hand man … Read more
Bitcoin to make new all-time-highs within 24 months: Coinshares CSO
Demirors however said she certainly expects “more pain ahead” for tech stocks and crypto as we head closer to recession. Go to Source Powered by WPeMatico
US Treasury study finds CBDCs a plus for commercial bank stability
Access to CBDCs reduces banks’ need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the study. Go to Source Powered by WPeMatico
Twitter Sues Elon Musk to Enforce $44 Billion Buyout Deal — Insists Breach Allegations Lack Merit
Twitter Inc. has filed a lawsuit against Elon Musk to force the Tesla CEO to go through with the agreement to buy the social medial platform for $44 billion. Twitter alleges that Musk has breached the agreement repeatedly since he signed the deal with the company. Twitter v. Elon Musk: Lawsuit Battle Begins Twitter Inc. … Read more
US Treasury calls for public comment on digital asset policy, following Biden’s executive order
President Joe Biden’s executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations. Go to Source Powered by WPeMatico
SEC extends window to decide on ARK 21Shares spot Bitcoin ETF to August
J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.” Go to Source Powered by WPeMatico