After a miserable year, cryptocurrency companies are looking for ways to rebrand products that many consumers no longer trust. Story Published at: March 20, 2023 at 09:00AM Continue Reading…
Crypto Wants Its Shine Back
Pressure Grows on Another Crypto Giant
Binance, the world’s biggest cryptocurrency exchange, faces a fresh wave of scrutiny from regulators and lawmakers. Story Published at: March 6, 2023 at 12:44PM Continue Reading…
Everyone Pivots to A.I., and Bad News for Crypto
Is crypto dead? Or only mostly dead? Story Published at: March 3, 2023 at 10:04AM Continue Reading…
Third Top FTX Executive Pleads Guilty in Fraud Investigation
Nishad Singh, an FTX founder, pleaded guilty to criminal charges and agreed to cooperate with prosecutors investigating Sam Bankman-Fried. Story Published at: February 28, 2023 at 06:06PM Continue Reading…
Remembering Thomas H. Lee, a Veteran of Private Equity
The financier, who died at 78 years old, was known for prominent takeovers of Snapple and Warner Music. Story Published at: February 24, 2023 at 01:13PM Continue Reading…
Sam Bankman-Fried and 2 Former FTX Executives Face New Charges
Prosecutors accused FTX founder Sam Bankman-Fried and two unnamed people of making unlawful campaign donations using customers’ money. Story Published at: February 23, 2023 at 04:40PM Continue Reading…
‘Effective Altruism’ Led Bankman-Fried to a Little-Known Wall St. Firm
The FTX founder joined Jane Street Capital not to learn about controlling risk, which is its focus, but because the tenets of a philanthropic movement drew him there. Story Published at: February 21, 2023 at 08:00AM Continue Reading…
Authorities Step Up Their Crypto Crackdown
A string of enforcement actions, the latest involving the multibillion-dollar collapse of Terraform Labs, has put the chill on a recent Bitcoin rally. Story Published at: February 17, 2023 at 12:36PM Continue Reading…
Defying the Gloom, Bitcoin Stages a Comeback
The cryptocurrency has soared to a six-month high as investors eagerly jump back into risky digital assets. Story Published at: February 16, 2023 at 02:03PM Continue Reading…
Revenge of the Chatbots
Microsoft’s investment in the technology has been a boon for the company’s stock, even as early users find the A.I.-powered system erratic. Story Published at: February 16, 2023 at 12:44PM Continue Reading…