April 25, 2022 | Daily Business Review
Wall Street Firms Make Crypto Push to Catch Up With 'Cool Kids'"Banks are forever going to be trying to play catchup," said Michael Moro, CEO of digital currency prime brokerage Genesis. "Crypto is going to move way faster than banks can."
By Yueqi Yang
6 minute read
April 21, 2022 | Daily Business Review
Is Coinbase's New NFT Marketplace the Answer to Its Growth Problems?Coinbase Global Inc.'s marketplace for nonfungible tokens is finally here in what could be key to reviving the crypto exchange's growth prospects…
By Yueqi Yang and Olga Kharif
4 minute read
March 21, 2022 | Daily Business Review
Goldman to Offer Over-the-Counter Crypto Options TradingLarge banks still aren't active in the crypto spot market, handicapped by regulatory uncertainty and "know your customer" rules.
By Yueqi Yang
2 minute read
February 09, 2022 | Daily Business Review
Voyager Digital to Let Users Buy Stocks With CryptocurrenciesThe move by Voyager highlights how fast-growing cryptocurrency exchanges are expanding into new business lines to diversify their revenue sources and keep customers on their platforms with more services.
By Yueqi Yang
3 minute read
February 03, 2022 | Daily Business Review
DeFi Project Known as Wormhole Hit With Potential $320M HackThe hack is likely one of the largest thefts from a DeFi protocol, which bill themselves as allowing users to bypass traditional intermediaries to borrow and lend digital assets.
By Olga Kharif and Yueqi Yang
2 minute read
November 29, 2021 | Daily Business Review
Citigroup Alum Matt Zhang Launches $1.5 Billion Crypto-Investing VentureCrypto fund launches have been surging this year amid the rally in digital-asset prices.
By Yueqi Yang
3 minute read
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