Cryptocurrencies

WeWork SPAC Meltdown Adds to Co-Working Company’s Litany of Woes

WeWork joins the 127 de-SPACs to flag questions about their own viability as going concerns this year, a signal they could go out of business.

August 10, 2023

Technology

Wall Street Spots Blockchain Opportunities as Crypto Stumbles

BlackRock Inc. and Fidelity Investments are among a flurry of firms that have applied for Bitcoin exchange-traded funds in recent weeks.

July 6, 2023

Technology

Meet Alibaba’s Next Chairman: Joseph Tsai, Brooklyn Nets Owner and Blockchain Investor

Tsai will replace Daniel Zhang as chairman of the board. Eddie Wu will take over from Zhang as chief executive officer, while Zhang focuses on the company’s cloud intelligence offerings.

June 21, 2023

Financial services

A New Crypto Banking System Arises Under the Shadow of a Regulatory Crackdown

In the U.S., crypto firms are turning to a handful of smaller regional lenders to open bank accounts.

June 9, 2023

Financial services

Arrington-Led Group Wins Rights to Manage Celsius Assets

The assets include illiquid holdings of cryptocurrencies, a portfolio of institutional loans, private equity and venture capital investments, Celsius’s mining business and $500M in “liquid cryptocurrency."

May 25, 2023

Technology

Crypto Miner Bitdeer Makes Delayed SPAC Debut in Changed Market

Bitdeer first agreed to merge with Blue Safari Group Acquisition Corp., in November 2021, but the transaction was delayed multiple times amid turmoil in the crypto market.

April 14, 2023