Senior writer for @barronsonline in New York. Ex Bloomberg @business, @WSJ, @Money, and Florida Times-Union. Email [email protected] with tips
New York, NY
Joined March 2009
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Joe Light retweeted
Someone impersonated a WSJ lawyer and had X take down this thread for violating copyright.
It’s now back online.
ICYMI: @BoHines’s company earned millions from @Tether as he led the White House’s crypto agenda.
wsj.com/politics/policy/cryp…
SCOOP: While Bo Hines was leading the White House’s push to pass the Genius Act, Tether—the company with the most at stake in the bill—was steering millions of dollars to a company he co-owned.
Right after the bill passed, Tether hired him as its U.S. chief.
[Gift link] wsj.com/politics/policy/cryp…
Seven more companies are objecting to being included in OKXICE's tokenized securities venue, including Microsoft, Google and Goldman Sachs. That brings the total to 16
So at least a quarter of the 63 stocks intended to be in this tokenized stock market are out
It seems like such an obvious branding error to release Muse, a wildly popular consumer-facing app, and then to roll out a bunch of announcements on models that do not currently apply to the consumer-facing app but are also called Muse
Joe Light retweeted
SCOOP: While Bo Hines was leading the White House’s push to pass the Genius Act, Tether—the company with the most at stake in the bill—was steering millions of dollars to a company he co-owned.
Right after the bill passed, Tether hired him as its U.S. chief.
[Gift link] wsj.com/politics/policy/cryp…
I often write that an investment in Fannie/Freddie common stock is a bet on what they decide to do with the liquidation preference
In the short term though, it's a bet on whether Trump or an administration official tweets something like "Long live Fannie and Freddie!" within the next couple months
Few things are more annoying than reaching out for comment, getting radio silence after multiple requests, but then finding out that your reach-out did result in being added to their distribution list
Agent to daughters: "I've chosen to serve this country to protect this way of life"
-- 10 minutes pass --
Agent to bad guys(?): "You see this badge? This means you have no rights and the Constitution doesn't apply to me" *bang bang*
-- 10 minutes pass --
Boss: "Welp. Turns out it wasn't a bad guy. Oh well what's done is done"
Great to join @WOSU’s Snollygoster podcast to discuss crypto, Fairshake and Sherrod Brown’s comeback bid in Ohio wosu.org/podcast/snollygoste…
I'm officially suspending my @standwithcrypto @SenThomTillis grade tracker to spend more time with my family. He's probably an A or a B right now. Thank you for reading
Feels like weeks ago I was reading about the stablecoin bull case being that AI agents were going to need stables to do stuff like monitor flight prices and buy on your behalf.
Now we have a wildly successful AI agent and crypto isn't part of it at all?
It's not uncommon at all for the press to close ranks when administration press attacks move beyond rhetoric to access and unequal treatment
Tillis was bumped back up to an "A"
Kind of rough for @standwithcrypto to knock @SenThomTillis for his Clarity vote. It was a procedural move to let him bring the bill back up again if they were able to reach a deal later
Kind of rough for @standwithcrypto to knock @SenThomTillis for his Clarity vote. It was a procedural move to let him bring the bill back up again if they were able to reach a deal later