A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes.
Powered by WPeMatico
Category: Wall Street Journal
Auto Added by WPeMatico
Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy
The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius users are wondering why they are still receiving weekly rewards, and reportedly the company’s management has been arguing with its lawyers over whether or not […]Powered by WPeMatico
WSJ says ‘the NFT market is collapsing’ but the data says otherwise
An article by the WSJ suggesting the non-fungible token (NFT) market is “collapsing” doesn’t show the full picture as contrasting analysis reveal a consolidation is instead taking place.
Powered by WPeMatico
Bolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’
On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.” Payments and Checkout Firm Bolt Acquires Wyre The e-commerce platform Bolt has […]Powered by WPeMatico
Wall Street Journal Reporter Chastised Over Satoshi Nakamoto ‘Unmasking’ Editorial
During the last week, mainstream media outlets have been publishing reports that say “Bitcoin’s creator Satoshi Nakamoto could be unmasked at [a] Florida trial.” Alongside this, the name “Satoshi Nakamoto” has been trending in people’s discussions on social media for the last few days as well. The Internet Is Buzzing Over Conversations Concerning Bitcoin’s Mysterious […]Powered by WPeMatico
Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.”
Powered by WPeMatico
Bitcoin hits the front page of The Wall Street Journal
Crypto is against capturing the attention of the mainstream media, with the front page of today’s Wall Street Journal discussing Bitcoin’s 80% rally since reclaiming five-figure prices.
Powered by WPeMatico
The North American Bitcoin Conference Returns
Pioneers of the global Bitcoin and blockchain community will converge in Miami for a historical conference, continuing to propel cryptocurrency from niche to mainstream. Now in its seventh year, The North American Bitcoin Conference is the longest-running and most attended finance conference for the Bitcoin, blockchain and cryptocurrency industries with over 20,000 attendees since 2013. Additionally, a key focus of the 2020 conference will be a focus on enterprise, unpacking the new and exciting world of business adoption and commercial blockchain potential.
The post The North American Bitcoin Conference Returns appeared first on Bitcoin News.
Powered by WPeMatico
As Bitcoin’s Price Fell, Mainstream Media Coverage Shot Up: Study
Bitcoin has become a household name today, a topic that can be discussed over dinner. This wasn’t always so and mainstream media outlets have had a lot to do with this. And according to a new study, the coverage has shot up even as the prices of most cryptos slumped. The study was carried out […]
The post As Bitcoin’s Price Fell, Mainstream Media Coverage Shot Up: Study appeared first on NullTX.
Powered by WPeMatico
Shapeshift CEO Responds to Wall Street Journal Laundering Claims
Reporters at the Wall Street Journal (WSJ) tied innovative ecosystem cryptocurrency exchange Shapeshift to money laundering. “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,” was its published product from months of investigative journalism. The company’s CEO, Erik Voorhees, claims cooperation with the WSJ was obtained “under false pretenses.” He also charges the WSJ […]
The post Shapeshift CEO Responds to Wall Street Journal Laundering Claims appeared first on Bitcoin News.
Powered by WPeMatico