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Latest from Nelson Wang
Crypto Exchange Huobi Now Able to Operate in Australia
Huobi has received a registration with the Australian Transaction Reports and Analysis Centre.
Binance.US to Delist AMP After SEC Claim That the Token Is a Security
The move will be effective as of Aug. 15.
Facebook Parent Meta Loses $2.8B on Metaverse Division in Q2
Meta reported revenue of $452 million for the division, down from $695 million in the first quarter.
FTX in Talks to Buy South Korean Crypto Exchange Bithumb: Report
Bithumb’s parent company is considering either an outright sale or a joint ownership.
Tesla Recorded $64M Gain on Bitcoin Sales in Q2
The electric car company also posted an impairment of $170 million on its remaining bitcoin holdings.
My Big Coin Founder Convicted of Defrauding Investors of More Than $6M
Randall Crater was found guilty of peddling a cryptocurrency scam.
Tesla Sold $936M Worth of Bitcoin in Second Quarter
The price of bitcoin fell about 1.7% following the news but regained its losses after CEO Elon Musk said Tesla was open to boosting its bitcoin exposure in the future.
Tesla May Take $460M Impairment Charge on Its Bitcoin Holdings for Q2, Analyst Says
The cryptocurrency's price fell significantly during the quarter.
OpenSea Lays Off Roughly 20% of Its Staff
CEO Devin Finzer cited an “unprecedented combination of crypto winter and broad macroeconomic instability.”
US Bankruptcy Court Approves Foreign Administrator for Three Arrows Capital's Debt
The administrator will also be able to subpoena the crypto hedge fund's founders.
