The American Press Vs. El Salvador: The Wall Street Journal And Slate Approve
It’s time for the old-school Wall Street Journal and new media Slate to chip in. As we continue our exploration of the way the American media portrays El Salvador’s decision to make bitcoin legal tender, we find out that it’s not that bad. We could describe it as cautiously optimistic with a touch of plausible […]
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According to a recent report by the Wall Street Journal, cryptocurrency giant Binance has ceased offering its clients the option to conduct peer-to-peer transactions through sanctioned Russian banks. This decision comes just days after a Wall Street Journal exposé shed light on how the exchange allegedly facilitated the movement of funds from Russia to other […]
Mt. Gox CEO Mark Karpeles made a press release today. The failed exchange abandoned the civil rehabilitation procedure and will likely file for liquidation. It seems Mt. Gox has stepped away from its plans to rebuild the exchange under bankruptcy protection. According to The Wall Street Journal, the failed exchange has asked a Tokyo court to allow it to be liquidated. The newspaper cites sources 'familiar with the situation', so absolute certainty cannot be obtained regarding this message. Press release. The people that Wall Street Journal refers to cited the complexity of the....
This week's Crypto Biz newsletter: The Wall Street Journal questions Tether's business model; venture capitalists are scooping up crypto at rock bottom prices. In the world of crypto, FUD stands for fear, uncertainty and doubt. It’s often evoked intentionally to draw negative attention to a particular project or business. One of crypto’s most enduring legacies has been the constant FUD surrounding Tether, whose USDT stablecoin commands a market capitalization of nearly $68 billion. Whether intentional or not, The Wall Street Journal ran a story this week claiming that Tether was on the....
Mark Karpelès, CEO of defunct Bitcoin exchange Mt. Gox, spoke to media for the first time since the supposed theft of 850,000 Bitcoins. Mark Karpelès, former head of Mt. Gox, recently spoke to the Wall Street Journal. This is his first media interview since the theft of approximately half a billion dollars worth of Bitcoin from his exchange last February. The interview was conducted from his home, details of which where revealed in the writeup. A possible oversight for the Wall Street Journal, who should realise that specifying he lives on the top floor of a 33-story building in Tokyo's....