Wall Street Journal

The Wall Street Journal reports that Tether used bank accounts in the names of executives of various companies, slightly tweaking those companies' names, to maintain its access to the global financial system in 2018. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De breaks down the latest details from the publication.

6 mar 2023

Three U.S. senators have written to Binance, the world's largest crypto exchange, asking for details about its money-laundering controls and accusing Binance of being a "hotbed of illegal financial activity," according to the Wall Street Journal. "The Hash" panel discusses what this means for Binance amid ongoing regulatory scrutiny.

2 mar 2023

Marco Falke, one of the five maintainers for Bitcoin, said he plans to step away from the position, according to his tweet cited by the Wall Street Journal. Separately, BNB Chain's native token is losing ground against bitcoin (BTC) in the wake of regulatory action against Binance-branded dollar-pegged stablecoin BUSD.

21 feb 2023

Bitcoin saw small gains Tuesday after the U.S. Bureau of Labor Statistics revealed that the consumer price index (CPI) for January rose 0.5% versus 0.1% a month earlier, in line with economist forecasts. The Wall Street Journal reports the founders of failed hedge fund Three Arrows Capital are launching a $25 million crypto exchange venture at the end of the month. And, the Senate Banking Committee hosted a hearing called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets."

14 feb 2023

In an opinion piece in the Wall Street Journal, Berkshire Hathaway (BRK) Vice Chairman and staunch bitcoin skeptic, Charlie Munger called for the United States to follow in the footsteps of China and ban cryptocurrencies. "The Hash" panel discusses Munger's latest criticism of digital assets in his long-standing history of opposition against the crypto industry.

2 feb 2023

New FTX CEO John J. Ray III is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal. Lumida CEO and co-founder Ram Ahluwalia discusses the possibilities of FTX's comeback and Genesis Global Capital's reported bankruptcy concerns. Plus, why he thinks a key idea about securities law "is being lost" in the Gemini and Genesis debate. DCG owns Genesis and CoinDesk.

19 ene 2023

Bitcoin miner CleanSpark (CLSK) started the construction of 50 megawatts (MW) of infrastructure, which could increase its computing power by 25% to 34%. Separately, FTX new head John J. Ray III, is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal.

19 ene 2023

According to the Wall Street Journal, the new head of FTX, John J. Ray III, is exploring the possibility of restarting the bankrupt crypto exchange. "The Hash" panel discusses what this could mean for the future of FTX.

19 ene 2023

FTX Founder Sam Bankman-Fried awaits arraignment in New York federal court, where he is reportedly expected to plead not guilty, according to the Wall Street Journal. Champel Capital Co-Founder Amir Weitmann discusses his take on the FTX implosion and how it compares to the Bernie Madoff scandal. Plus, his outlook for VC crypto investments.

3 ene 2023

FTX founder Sam Bankman-Fried is expected to plead not guilty to eight different charges at his arraignment in New York, according to a report from the Wall Street Journal. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in on what to expect from today's court proceedings.

3 ene 2023