Tag: WSJ
Meta Prepares to Lay Thousands of Employees -WSJ
Meta, one of the largest social media companies in the world with approximately 88,000 employees, plans to terminate thousands of employees in mid-November. The Wall Street Journal (WSJ) November 6…
$100 Million Equity Trading Alleged About Coinbase From WSJ: No Response From Coinbase
Coinbase, one of the largest US crypto exchanges, allegedly traded equity with 4 senior Wall Street traders it hired last year. According to a September 22 report by the Wall…
Stunning Allegations About Cryptocurrency Company Celsius Published in WSJ!
US regulators believe embattled cryptocurrency lender Celsius Network has misled investors about its financial situation, according to a report published Friday by The Wall Street Journal. Cryptocurrency Company Celsius Allegedly…
Did Bitcoin Bear Market Scare Institutional Investors? WSJ Report!
cryptocurrencies It recorded a tremendous rise and growth in 2021. It met with great interest from both retail and institutional investors. So much so that it attracted great interest from…
Biden and Powell pose as fighters against inflation
Both the US President and the head of the central bank are under enormous pressure these days because the high prices at gas stations and in the supermarkets as well…
Coinbase Officials Sell $1.2 Billion Shares – WSJ
Two co-founders and two officials of Coinbase, one of the world’s largest cryptocurrency exchanges based in the USA, earned $ 1.2 billion in revenue by selling shares. Since Coinbase’s IPO…
Andreessen Horowitz (a16z) Launches $600M Gaming Fund -WSJ
Venture capital firm Andreessen Horowitz (a16z) has launched a $600 million gaming fund. According to the news of the Wall Street Journal dated May 18 Andreessen Horowitz (a16z), in order…
Elon Musk May Buy Twitter This Week -WSJ
Tesla CEO and Dogecoin advocate billionaire Elon Musk is thought to be buying Twitter this week. The Wall Street Journal reported that the billionaire could complete his attempts to acquire…
Crypto Startup Wyre Payments To Be Acquired By Payments Company Bolt Financial In A $1.5 Billion Deal -WSJ
Payments-focused fintech firm Bolt Financial is acquiring crypto services startup Wyre Payments in a $1.5 billion deal. Wall Street Journal (WSJ), 7 April crypto startup Wyre Payments‘s payment company Bolt…
$500M Crypto Fund from the Founder of Reddit -WSJ
Alexis Ohanian, one of the founders of Reddit, one of the largest sites in the world, will focus on the crypto money ecosystem with two new funds of 500 million…
Meta Moves Away $200M From Stablecoin Project Diem -WSJ
California-based financial institution Silvergate Capital is buying the technical resources of the stablecoin project Diem, developed with Meta’s support, for $200 million. According to the news reported by the Wall…
FTX Exchange Launches $2 Billion Venture Fund -WSJ
FTX, the world’s 3rd largest cryptocurrency exchange by volume, announced that it will launch a $2 billion venture fund, one of the largest funds ever. Amy Wu, who will run…
WSJ: “Turks took refuge in Bitcoin and Tether”
An article on Turkish interest in cryptocurrencies was shared in The Wall Street Journal, one of the mainstream media outlets of the USA. In the article published today, the main…
Fed Plans to Publish Digital Currency Report This Week -WSJ
Researching the potential benefits and risks of digital central bank currencies, the Fed plans to release a report this week, according to the Wall Street Journal. Fed officials can start…
WSJ: “Stablecoins Are On The Biden Administration’s Agenda!”
According to the news of The Wall Street Journal, the Biden administration is preparing a regulation for companies that issue stablecoins. Regulators around the world are worried that the rapid…