Latest from Kevin Reynolds
Robinhood Hires Goldman Sachs to Lead Possible $20B+ IPO: Report
Trading app Robinhood has chosen Goldman Sachs to lead the way for an initial stock offering, people familiar with the matter told Reuters.

Waters Tells Biden to Rescind OCC Crypto Guidance; May Be Part of Anti-Trump, Anti-Crypto Offensive
The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.

Visa May Support USDC Credit Card After Adding Circle to 'Fast Track' Program
Visa is linking its payments network of 60 million merchants to the USDC stablecoin, according to Forbes.

Almost 20% of PayPal Users Have Used App to Trade Bitcoin, Mizuho Says
About 65% of users would use bitcoin as a currency at PayPal's 28 million merchants.

Parent of Troubled BitMEX Names a Former Stock Exchange Chief Its New CEO
Hoptner comes from Borse Stuttgart GmbH and Euwax AG, where he has been CEO since 2018.

Coinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network Congestion
The delays come on a day when the price of bitcoin surpassed its all-time high.

Stablecoins 'Pose Serious Risks' to Financial Security, ECB's Lagarde Says
Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview.

Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC
The Guggenheim Macro Opportunities Fund will now be able to invest up to 10% of its net asset value in the Grayscale Bitcoin Trust.

Yearn Merges With Cover, DeFi Protocol's 4th Deal in a Week
Yearn is "joining forces" with market coverage provider Cover, capping a busy week in DeFi.

Coinbase Goes Down Again as Bitcoin Price Action, Volatility Heat Up Again
Coinbase is experiencing another outage of its website and mobile apps.
