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Latest from Nelson Wang
MicroStrategy Founder Michael Saylor Loses Court Bid to Dismiss DC Tax Evasion Claims
The court did dismiss claims against the company and Saylor that they conspired to violate Washington, D.C.’s False Claims Act.
Kraken Pulling Back From Using Signature Bank: Bloomberg
Non-corporate clients will no longer be able to make dollar deposits or withdrawals using the crypto-focused bank, according to a report.
Goldman Sachs Says It’s Open to Adding Staff to Digital Assets Team: Bloomberg
The investment bank’s tokenization platform was used by Hong Kong to sell digital bonds last week.
Robinhood Received Crypto-Related Subpoena Request From SEC: 10K
The trading platform also received similar subpoena requests from the California Attorney General’s office.
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.
Dapper Labs Laying Off Another 20% of Its Staff
The job cuts follow a previous 22% workforce reduction in November.
Binance Shifts to ‘Semi-Automated’ Process to Manage Reserves of Tokens It Issues
Reserves for these tokens had previously been mixed with customer funds.
Coinbase Q4 Revenue and Earnings Beat Expectations, but Transaction Volume Falls 12% From Q3
The crypto exchange reported its fourth-quarter earnings on Tuesday after the close.
Binance Considers Severing US Ties in Face of Crypto Crackdown: Bloomberg
The crypto exchange has been investigated by a host of U.S. regulators and government agencies.
SEC Sues Terraform Labs, Do Kwon for Misleading Investors on TerraUSD Stablecoin
The collapse of TerraUSD last year led to a wave of bankruptcies in the crypto industry.
