Please note, this is a STATIC archive of website www.coindesk.com from 28 Feb 2023, cach3.com does not collect or store any user information, there is no "phishing" involved.

Nelson

Wang

Nelson Wang

Nelson is CoinDesk’s U.S. News Editor for the East Coast. He previously served as the technology stocks editor and consumer stocks editor at TheStreet, and prior to that was the business and personal finance editor for Yahoo.com. He has also held editing positions at Condé Nast Portfolio’s website and was the content director for aMedia, an Asian American media company. Nelson grew up on Long Island, New York and went to Harvard College, earning a degree in Social Studies. He holds BTC and ETH above CoinDesk’s disclosure threshold of $1,000.

Social

Recent

CoinDesk - Unknown
California Finance Regulator Moves to Suspend Crypto Lender Salt’s License
Salt announced on Tuesday it was pausing customer withdrawals due to the impact of FTX’s collapse.
CoinDesk - Unknown
CoinDesk - Unknown
US Crypto Investors Sue FTX’s Sam Bankman-Fried, Company’s Celebrity Endorsers
The plaintiffs in a class-action suit claim that the heavily-marketed FTX yield-bearing crypto accounts were actually a Ponzi scheme.
CoinDesk - Unknown
CoinDesk - Unknown
La unidad de préstamos de Genesis detuvo los retiros por el colapso de FTX
La rama, conocida como Genesis Global Capital, atiende a una base de clientes institucionales y, para finales del tercer trimestre del 2022, tenía US$2800 millones en préstamos activos totales.
CoinDesk - Unknown
CoinDesk - Unknown
Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.
CoinDesk - Unknown
CoinDesk - Unknown
FTX Assets Frozen by Bahamian Regulator
The Bahamas Securities Commission said it was a “prudent course of action” to “preserve assets and stabilize the company.”
CoinDesk - Unknown
CoinDesk - Unknown
Coinbase Cuts Q3 Losses in Half, Sees Crypto Headwinds Continuing Into 2023
The crypto exchange’s transaction revenue fell 44% from the second quarter.
CoinDesk - Unknown
CoinDesk - Unknown
US Accounting Standards Board Member Supports Reporting Crypto Swings as Income: Bloomberg
If adopted, the move would mean cryptocurrency gains and losses would directly impact companies’ earnings.
CoinDesk - Unknown
CoinDesk - Unknown
Robinhood’s Crypto Revenue Declined 12% to $51 Million in Q3
The popular no-fee trading app’s monthly average users fell to 12.1 million as customers navigated a “volatile market environment.”
CoinDesk - Unknown
CoinDesk - Unknown
Binance CEO Zhao Considering Buying Banks: Report
Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a Bloomberg report.
CoinDesk - Unknown
CoinDesk - Unknown
White House Convenes Summit for Stopping the Spread of Ransomware
Among other moves, President Biden’s office plans to share information with partners about crypto wallets used for laundering extorted funds.
CoinDesk - Unknown