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Apple Ends Partnership With Goldman Sachs as Tech Giant Expands into Lending
29.11.2023
Source: Adobe / twinsterphoto Apple has decided to terminate its credit-card partnership with Goldman Sachs as the tech giant pushes deeper into consumer lending. Apple recently submitted a proposal to Goldman Sachs, outlining its intention to exit the contract within the next 12 to 15 months...
CZ Not off the Hook Yet as SEC Continues to Investigate Binance US: Report
28.11.2023
Source: Youtube/Entrepreneur ME The United States Securities and Exchange Commission (SEC) is seeking evidence regarding Binance.US’s alleged backdoor control over customer assets, resembling a structure akin to FTX, Wall Street Journal reported. In June, the SEC initiated legal action...
CoinDesk Media Site Acquired by Crypto Exchange Bullish – Here’s the Latest
20.11.2023
CoinDesk X Crypto media website CoinDesk has just been acquired by cryptocurrency exchange Bullish in an undisclosed all cash deal, the Wall Street Journal reported on Monday. Bullish, which is run by former New York Stock Exchange (NYSE) President Tom Farley, said that the acquisition won’t impact...
Report: Here’s How Hamas Received Money from Iran Using Crypto
13.11.2023
Source: Adobe / Robert In a bid to circumvent traditional financial oversight, Hamas has increasingly turned to crypto for fund transfers, according to a new Wall Street Journal report. The move by Hamas to turn to crypto followed an air strike by Israel in mid-2019 that targeted a Hamas commander...
Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report
12.11.2023
The cryptocurrency exchanges offers a self-custody solution that integrates a multiparty computation technique to secure funds
SEC’s Gensler hints he’s open to a FTX reboot under proper leadership: Report
9.11.2023
“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated
Billionaire Investor Charlie Munger Sees Bitcoin’s Rise as Disruptive Threat to Traditional Finance
6.11.2023
Berkshire Hathaway’s Vice Chairman, Charlie Munger, recently reiterated his harsh critique of Bitcoin, labeling it as a threat to traditional finance in an interview with the Wall Street Journal. Munger, the long-time business partner of Warren Buffett, didn’t mince words in expressing...
Binance to Opt Out of Ruble Payment Deal with Advcash Amid Russian Exit
2.11.2023
Binance is planning to end its partnership with the payment provider Advcash, putting a stop to the ruble-based transactions, according to the Wall Street Journal. This move is in line with the crypto exchange’s ongoing strategy to exit the Russian market. Binance’s collaboration with...
WSJ debacle fueled US lawmakers’ ill-informed crusade against crypto
30.10.2023
The Wall Street Journal corrected its misreporting about crypto funding Hamas, but it was too late to stop lawmakers from amplifying false claims
Wall Street Journal corrects article misciting Hamas' crypto terrorism funding data
28.10.2023
Elliptic, the firm which Wall Street Journal sourced the data from, said it was “pleased” to see the news outlet acknowledge its mistakes
Media Reported Hamas Got Millions Via Crypto, but the Data Provider They Cited Says It Was Misconstrued
26.10.2023
After Hamas' deadly attacks in Israel, media reports linked the terrorist group with tens of millions in crypto donations, but that data was misinterpreted and hugely exaggerated, according to the blockchain analytical firm that was cited
Crypto donations raised by Hamas ‘remain tiny,’ says Elliptic
26.10.2023
Elliptic’s statement was framed as a rebuttal to recent articles and letters circulating among the media and U.S. lawmakers this month
Today in Crypto: DCG Paid Off $575 Million in Debt Since End of 2022, $720 Million Stolen across 117 Breaches in Q3
25.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investment news Digital Currency Group (DCG), the crypto company founded by finance veteran Barry Silbert, has paid...
Microsoft Asks Controversial Activision CEO Bobby Kotick To Stay For Two More Months
13.10.2023
Longtime Activision Blizzard CEO, Bobby Kotick, is almost gone, but not quite yet. Nearly two years after over 1,000 of his employees called on the controversial executive to resign, Microsoft Gaming CEO Phil Spencer confirmed that Kotick will remain the head of the Call of Duty publisher until...
Microsoft Closes Activision Blizzard Acquisition, Making Call Of Duty Officially Part Of Xbox Now
13.10.2023
The video game industry just got a lot smaller. The long and winding saga of Microsoft’s $69 billion purchase of Activision Blizzard has finally come to a close with the companies announcing the completed merger today following one last greenlight from regulators in the UK. Call of Duty is now part...
Tether Denies Links With Alleged Spokeswoman Alex Welch; Blasts ‘Tabloid’ News Outlets
26.9.2023
A controversy surrounding Alex Welch, an alleged spokeswoman of Tether, the company behind USDT, erupted last week as an article in the Wall Street Journal (WSJ) quoted her as a source for information on the company’s loans. However, Tether CTO Paolo Ardoino denied any involvement of Welch...
Tether Calls Out WSJ ‘Tabloid Style’ Reporting, States Outlet ‘Disregarded’ Reporting Banking Industry Woes
22.9.2023
Tether, the company behind the issuance of USDT, the largest stablecoin in the crypto market, has called out the latest report of the Wall Street Journal (WSJ) on the rise of its loan portfolio. The company stated that traditional banking institutions were “not addressing the needs of their...
Sequoia slashes its crypto fund by 66% after industry collapses: Report
28.7.2023
The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022
Terraform Labs Appoints New CEO While Co-Founder Remains in Jail
21.7.2023
Terraform Labs appointed a new chief executive officer following Do Kwon’s resignation on March 31, 2023. In a Wall Street Journal interview, the interim CEO, Chris Amani, discussed his team’s “vision” for rescuing the beleaguered blockchain project. Terraform Labs Finds...
Nasdaq Resubmits Blackrock Spot Bitcoin ETF Application, Inks Agreement With Coinbase for Surveillance-Sharing
4.7.2023
After the four firms that filed for spot bitcoin exchange-traded funds (ETFs) resubmitted their applications with the U.S. Securities and Exchange Commission (SEC), the asset manager Blackrock followed suit with an amended application. Similar to Cboe’s refiling of registrations from...