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Latest from Nelson Wang
Sam Bankman-Fried Says He’d Consider Acquiring Troubled Crypto Miners Next
The FTX CEO said helping bail out crypto miners might help mitigate the credit contagion in the crypto sector.
Voyager Digital Temporarily Suspends All Trading, Withdrawals and Deposits
Shares of the troubled digital broker plunged more than 26% in U.S. trading on Friday.
FTX Close to Buying BlockFi for Just $25M
The beleaguered crypto lender was reportedly close to finalizing a down round valuing it at $1 billion earlier this month.
Robinhood Shares Spike on Report FTX May Be Seeking to Acquire It
Plans are still in the preliminary stages, according to a report from Bloomberg.
Moody’s Downgrades Coinbase’s Debt on Profitability Concerns
The ratings agency has also put the crypto exchange’s ratings under review for further downgrade.
SEC Launches Inquiry Into Insider Trading at Crypto Exchanges: Report
The agency has sent a letter to at least one major crypto exchange asking about its safeguards, according to Fox Business.
Grayscale, Bitwise Confident a Spot Bitcoin ETF Will Be Approved Soon
Bitwise Chief Investment Officer Matt Hougan pointed to a progression of approval decisions by the SEC that “ends in a spot bitcoin ETF.”
US Regulators Investigating Binance’s BNB Token: Report
The SEC is looking into whether the crypto exchange should have registered the initial coin offering of Binance coin as a security, according to Bloomberg.
Middle Eastern Crypto Exchange Rain Lays Off Dozens of Employees: Report
The move follows news of workforce reductions at a number of exchanges in the U.S. and worldwide.
Dogecoin Jumps on Elon Musk SpaceX Tweet
The Tesla CEO said merchandise for his space exploration startup could soon be bought using the meme cryptocurrency.
