The market’s comeback in 2023 has been very bad news for one group: short sellers.Short sellers profit from stock declines by borrowing shares of companies that they believe are overvalued,…
The banks of the future are having a rough present.
Financial-tech companies, long hyped for their vision of bringing Silicon Valley-style innovation to…
Cryptocurrency exchange FTX spent tens of millions of dollars over the past couple of years on slick marketing efforts, including sports-sponsorship deals and celebrity-laden TV ads…
NYDIG, the bitcoin trading and banking firm, laid off about a third of its workforce last month, people familiar with the matter said.
Company executives…
Coinbase Global Inc. has been searching for new ways to make money. One business it flirted with was controversial: using its own money to speculate on cryptocurrencies.Last year, …
Investors ramped up their bets against ether, the second-largest cryptocurrency, on the eve of the Ethereum network’s big software upgrade slated for early Thursday…