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Jennie E. Schwartz

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Coatue Management has reduced its investment in OpenSea by 90%, decreasing its stake from $120 million to $13 million.
Blockchain

Coatue Management has reduced its investment in OpenSea by 90%, decreasing its stake from $120 million to $13 million.

Jennie E. Schwartz -
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Ripple and Onafriq have partnered to launch transfer services among 27 African countries, along with Australia, the United Kingdom, and multiple Gulf nations.
Blockchain

Ripple and Onafriq have partnered to launch transfer services among 27 African countries, along with Australia, the United Kingdom, and multiple Gulf nations.

Jennie E. Schwartz -
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A U.S. Treasury official stated that President Biden’s administration is seeking new powers from Congress to crack down on cryptocurrency
Deals

A U.S. Treasury official stated that President Biden’s administration is seeking new powers from Congress to crack down on cryptocurrency

Jennie E. Schwartz -
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The Federal Reserve’s top bank watchdog reiterated concerns about the potential impact of crypto stablecoins on the U.S. financial system
Deals

The Federal Reserve’s top bank watchdog reiterated concerns about the potential impact of crypto stablecoins on the U.S. financial system

Jennie E. Schwartz -
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Federal Reserve Chair Powell: Research on the digital dollar is ongoing.
Deals

Federal Reserve Chair Powell: Research on the digital dollar is ongoing.

Jennie E. Schwartz -
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The SEC has asked a federal judge for a summary judgment in its case against Terraform Labs and co-founder Do Kwon, without a full trial
Blockchain

The SEC has asked a federal judge for a summary judgment in its case against Terraform Labs and co-founder Do Kwon, without a full trial

Jennie E. Schwartz -
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After two years of operation, the Conflux multi-chain protocol, managed by the Conflux Foundation, is shutting down
Blockchain

After two years of operation, the Conflux multi-chain protocol, managed by the Conflux Foundation, is shutting down

Jennie E. Schwartz -
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Prosecutors allege that the executives behind the once-popular token SafeMoon used investor funds to purchase luxury homes and sports cars
Deals

Prosecutors allege that the executives behind the once-popular token SafeMoon used investor funds to purchase luxury homes and sports cars

Jennie E. Schwartz -
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PayPal’s stablecoin efforts have drawn the attention of the SEC, the latest sign of regulatory skepticism about cryptocurrencies.
Blockchain

PayPal’s stablecoin efforts have drawn the attention of the SEC, the latest sign of regulatory skepticism about cryptocurrencies.

Jennie E. Schwartz -
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Even as Bitcoin undergoes a remarkable resurgence, this year has seen record amounts of digital tokens being issued from exchanges like Coinbase and Binance.
Blockchain

Even as Bitcoin undergoes a remarkable resurgence, this year has seen record amounts of digital tokens being issued from exchanges like Coinbase and Binance.

Jennie E. Schwartz -
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