Cryptocurrency is often described as “digital money.” This description may be true, but it fails to capture what makes cryptocurrency unique and so appealing to many investors.
Coinbase CEO: China’s Digital Yuan Is a Threat to U.S. Reserve Currency Status
In a recent meeting with the Federal Reserve Chairman Jerome Powell, the Chief Executive Officer of the cryptocurrency exchange Coinbase, Brian Armstrong, expressed concerns that China’s plan to roll out a digital yuan could pose as a big threat to U.S. dollar status.
Scaramucci says China’s Didi crackdown as assault on capitalism, ‘form of political terrorism’
„We’ve got to give a big pushback to what’s going on because it’s an assault on capitalism,“ Hedge fund founder Anthony Scaramucci told CNBC.
Satellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff
Satellite imagery and data specialist Planet Labs is preparing to go public, merging with a SPAC to list on the NYSE.
Space company Satellogic to go public via Cantor Fitzgerald SPAC at $1.1 billion valuation
Satellite imagery specialist Satellogic is preparing to go public, announcing plans to merge with a SPAC sponsored by Cantor Fitzgerald.
Wise debut turns the fintech’s founders into billionaires — here’s who else won big
Wise founders Kristo Käärmann and Taavet Hinrikus are now billionaires following the fintech firm’s stock market debut.
Stocks making the biggest moves in the premarket: Devon Energy, Didi, Sunnova, Whirlpool & more
Check out the companies making headlines in midday trading.
Binance CEO says ‚compliance is a journey‘ as world’s largest crypto exchange faces growing crackdown
„Compliance is a journey – especially in new sectors like crypto,“ Changpeng Zhao, CEO of Binance, said in a blog post Wednesday.
Visa says crypto-linked card usage tops $1 billion in first half of 2021
“We are doing a lot to create an ecosystem that makes cryptocurrency more usable and more like any other currency,“ Visa CFO Vasant Prabhu told CNBC.
Wise direct listing values fintech giant at $11 billion in big win for post-Brexit London
Wise shares opened at £8 a share Wednesday morning, giving the company a market value of £8 billion ($11 billion).