Financial Technology

Crypto’s Merry Band Comes Back to Robinhood

One of the biggest names in crypto is bullish on the future of Robinhood Markets. That makes sense. But others might think twice before settling down in Sherwood forest. The disclosure on Thursday that Sam Bankman-Fried, the 30-year-old billionaire who founded the cryptocurrency exchange FTX, … Read More

Bitcoin Price Falls Below $26,000

Bitcoin plunged and the world’s largest stablecoin, tether, briefly edged down from its $1 peg, adding to fears of more turbulence in the cryptocurrency market. Cryptocurrencies have been hit by two forces this week. On one side, concerns that inflation will necessitate aggressive central-bank tightening … Read More

Coinbase CEO says company has ‘no risk of bankruptcy’

““We have no risk of bankruptcy.”” That’s from Brian Armstrong, chief executive and co-founder of cryptocurrency exchange platform Coinbase COIN, -26.40%. In a series of tweets Tuesday afternoon, Armstrong addressed a recent Coinbase 10-Q document filing with the Securities and Exchange Commission that used language detailing risk … Read More