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Latest from Nelson Wang
Robinhood’s Crypto Revenue Declined 12% to $51 Million in Q3
The popular no-fee trading app’s monthly average users fell to 12.1 million as customers navigated a “volatile market environment.”
Binance CEO Zhao Considering Buying Banks: Report
Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a Bloomberg report.
White House Convenes Summit for Stopping the Spread of Ransomware
Among other moves, President Biden’s office plans to share information with partners about crypto wallets used for laundering extorted funds.
MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3
The business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.
Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023
Meta's revenue for the division came in at $285 million, down from $452 million in the second quarter.
Chinese 'Spies' Used Wasabi Wallet to Try to Conceal Bitcoin Bribes, Elliptic Says
Analysis by the crypto analytics firm showed that all the bitcoin bribes originated from the coin mixing wallet.
After Celsius Customer Data Release, Bankruptcy Judge Agrees to Appoint Privacy Ombudsman
The move comes after court documents released in early October revealed the financial details of hundreds of thousands of Celsius’ customers.
Crypto Custodian Prime Trust Agrees to Return $17M in Tokens to Bankrupt Lender Celsius
The assets will be sent to a designated Celsius wallet, and will await court orders about how they should be distributed.
Crypto Predictions Site Polymarket Taking Bets on Whether Russia Will Use a Nuclear Weapon by 2023
Traders on Polymarket, which is not available to U.S. users, are putting a 6% probability of Russia doing so.
Tesla Made No Changes to Its Bitcoin Holdings in Third Quarter
The electric car company did not buy or sell any bitcoin in the quarter, after selling 75% of its holdings in the second quarter.
