Latest from Michael Bellusci
Sberbank Gets License From Russian Central Bank to Issue, Exchange Digital Assets
The approval comes a short while after the Bank of Russia had advocated for a full ban on the trading and mining of cryptocurrency.
Coinbase’s NFT Segment Could Add More Than $1B to Annual Revenue, Needham Says
Analyst John Todaro continues his buy rating on the stock and $360 price target, or more than double the current $176.
DeFi Lending Protocol Agave's AGVE Plunges Over 20% Amid Exploit Investigation
Hundred Finance, another lending protocol on the Gnosis chain, was also exploited in an apparent “re-entrancy” attack, according to a blockchain security researcher.
American Express Hints at Metaverse Entry Through Trademark Filings
Traditional finance firms are boosting their metaverse offerings following JPMorgan’s recent foray into Decentraland.
Visa Looking to Hire College Students to Develop In-House Crypto Talent
Program participants will build expertise in areas such as DeFi, NFTs, stablecoins and CBDCs, according to the payment giant’s job listing.
Coinbase Has ‘Hidden Value’ in Ventures Business, Oppenheimer Says
Crypto exchange Coinbase’s stock is undervalued, the investment bank said in a note to clients.
Hedge Fund Fir Tree Makes Big Short Bet Against Tether: Bloomberg
The asymmetric bet limits the downside, but promises big profits if correct, the firm's clients say.
SEC Rejects NYDIG, Global X Spot Bitcoin ETF Applications
The move continues a recent string of denials by the SEC of applications for spot bitcoin ETFs.
US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans
The department warned that cryptocurrency investments present “significant risks and challenges to participants’ retirement accounts.”
FTX Picks Stripe to Build Payments and Risk Mitigation Feature
Stripe’s platform will enable a new fiat-to-crypto on-ramp for the rapidly growing exchange's customers.