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Latest from Nelson Wang
Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’
Most states in the U.S. have approved the product.

Bitfarms Increases Revenue by Almost 400% in Q2
The crackdown on crypto mining in China has helped the results and outlook for the Canadian bitcoin mining firm.

Poly Network Hack Not Over as Attacker Prolongs Return of Funds
The attacker now says they are considering accepting the $500,000 bounty offered by Poly Network as a reward for returning the funds, and using it to pay anyone else who can hack the DeFi site.

Congressmen McHenry, Thompson Call SEC Chair Gensler’s Remarks on Crypto ‘Concerning’
The two congressmen wrote that rather than potentially regulating innovation and job creation out of the U.S., lawmakers and regulators should “promote an active dialogue between regulators and market participants.”

Marathon Digital Shares Rise as Q2 Earnings Beat Estimates
The bitcoin miner's stock has more than tripled this year.

Jamaica’s Central Bank Mints Country’s First Batch of CBDCs
The pilot program was originally supposed to launch in May, but was delayed for unspecified reasons.

Fidelity Takes 7.4% Stake in Marathon Digital
The investment reflects growing institutional and individual interest in investing in crypto-related companies.

Oscar Mayer Auctioning Off Single Pack of ‘Hot Doge Wieners' Worth 20,000 Dogecoins
Bidding for the single pack on eBay ended abruptly on Wednesday before resuming again the next day.

Arca Launches Actively Managed ‘Digital Yield’ Fund
The fund is targeting effective yields in the low double digits.

MicroStrategy CEO Likens Borrowing to Buy Bitcoin to Investing Early in Facebook
Michael Saylor defended his company’s debt-fueled, bitcoin buying spree over the last year by saying it continued to be a great investment.
