Wall Street Journal

DOJ, SEC Probing Silicon Valley Bank’s Collapse: Report
DOJ, SEC Probing Silicon Valley Bank’s Collapse: Report
The U.S. Justice Department and the Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank (SVB), according to a report from the Wall Street...
DOJ, SEC Probing Silicon Valley Bank’s Collapse: Report

Dominance of Tether’s USDT Is Rising Among Stablecoins: Data
Dominance of Tether’s USDT Is Rising Among Stablecoins: Data
Earlier this week, USDT’s market share among stablecoins surpassed 54%, data from CoinGecko shows. This is the largest market share Tether’s stablecoin has reached since late...
Dominance of Tether’s USDT Is Rising Among Stablecoins: Data

Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ
Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ
The Wall Street Journal reports that Tether used bank accounts in the names of executives of various companies, slightly tweaking those companies' names, to maintain its acces...
Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ

Senators Reportedly Claim Binance Is a 'Hotbed of Illegal Financial Activity'
Senators Reportedly Claim Binance Is a 'Hotbed of Illegal Financial Activity'
Three U.S. senators have written to Binance, the world's largest crypto exchange, asking for details about its money-laundering controls and accusing Binance of being a "hotbe...
Senators Reportedly Claim Binance Is a 'Hotbed of Illegal Financial Activity'

Bitcoin Core Maintainer Marco Falke Plans to Step Down; BNB-Bitcoin Ratio Drops To Six-Month Low
Bitcoin Core Maintainer Marco Falke Plans to Step Down; BNB-Bitcoin Ratio Drops To Six-Month Low
Marco Falke, one of the five maintainers for Bitcoin, said he plans to step away from the position, according to his tweet cited by the Wall Street Journal. Separately, BNB Ch...
Bitcoin Core Maintainer Marco Falke Plans to Step Down; BNB-Bitcoin Ratio Drops To Six-Month Low

Bitcoin Rises As U.S. Inflation Rose Slightly in January; Three Arrows Capital Founders Create 'Open Exchange'
Bitcoin Rises As U.S. Inflation Rose Slightly in January; Three Arrows Capital Founders Create 'Open Exchange'
Bitcoin saw small gains Tuesday after the U.S. Bureau of Labor Statistics revealed that the consumer price index (CPI) for January rose 0.5% versus 0.1% a month earlier, in li...
Bitcoin Rises As U.S. Inflation Rose Slightly in January; Three Arrows Capital Founders Create 'Open Exchange'

Berkshire Hathaway’s Charlie Munger Calls Cryptocurrency a 'Gambling Contract'
Berkshire Hathaway’s Charlie Munger Calls Cryptocurrency a 'Gambling Contract'
In an opinion piece in the Wall Street Journal, Berkshire Hathaway (BRK) Vice Chairman and staunch bitcoin skeptic, Charlie Munger called for the United States to follow in th...
Berkshire Hathaway’s Charlie Munger Calls Cryptocurrency a 'Gambling Contract'

New FTX CEO Trying to 'Clear the Wreckage' After Crypto Exchange Collapse: Lumida CEO
New FTX CEO Trying to 'Clear the Wreckage' After Crypto Exchange Collapse: Lumida CEO
New FTX CEO John J. Ray III is exploring the possibility of restarting the bankrupt crypto exchange, according to an interview with the Wall Street Journal. Lumida CEO and co-...
New FTX CEO Trying to 'Clear the Wreckage' After Crypto Exchange Collapse: Lumida CEO

CleanSpark Builds Additional Mining Capacity; Could FTX Be Revived?
CleanSpark Builds Additional Mining Capacity; Could FTX Be Revived?
Bitcoin miner CleanSpark (CLSK) started the construction of 50 megawatts (MW) of infrastructure, which could increase its computing power by 25% to 34%. Separately, FTX new he...
CleanSpark Builds Additional Mining Capacity; Could FTX Be Revived?

FTX Could Be Revived, Says New CEO
New FTX CEO Tells the Wall Street Journal Crypto Exchange Could Be Revived
John J. Ray III, who previously handled Enron’s restructuring, said that despite the accusations of criminal misconduct against former CEO Sam Bankman-Fried and other executiv...
FTX Could Be Revived, Says New CEO