Here’s Why Michael Burry Just Bet Against Cathie Wood’s ARK ETF

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Burry, the famous investor who predicted the 2007 Financial Crisis, doesn’t think much of tech stocks—outside of Alphabet and Facebook. On the other hand, he thinks both Cathie Wood’s ARK ETF and Tesla (TSLA) […]

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“I’m Spending Almost All My Time” on Regulatory Compliance, says Binance CEO

The number one priority of Binance right now is to hire people with compliance and regulatory experience, said Chief Executive Officer Changpeng “CZ” Zhao. “I’m spending almost all my time” on the compliance drive, Zhao said in an interview with Bloomberg TV. “I’m not really involved in the day-to-day operations of the exchange.” However, he […]

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