Tag: Cryptocurrency

Fresh turbulence in the crypto market is weighing on shares of companies that stockpile bitcoin and other tokens on their balance sheets, stoking concerns over stress in the niche but fast-growing sector.

Cryptocurrency firm Tether has appointed former White House crypto policy executive Bo Hines as a strategic adviser to help steer its expansion in the United States, the company said on Tuesday.

Robinhood Markets (NASDAQ:HOOD) is under investigation by Florida authorities over allegations that its cryptocurrency operations used deceptive practices to mislead consumers about trading costs.

Block beat on profit in its second-quarter earnings report on Thursday. The stock rose in extended trading.

Marathon Digital Holdings Inc. said that it faced “operational challenges” in the latest quarter but managed nonetheless to take advantage of the cryptocurrency boom.