The crypto industry has responded to criticism from Hillary Clinton, who said that cryptocurrency can undermine the role of the U.S. dollar as the world’s reserve currency. Galaxy Digital CEO Mike Novogratz argued that the only thing that can undermine the U.S. dollar as a reserve currency is reckless spending by both U.S. political parties. […]
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Hawaiian Electric in restructuring talks after Maui fires: Wall Street Journal
by CoinNews
written by CoinNews
Hawaiian Electric Industries Inc. is in talks with restructuring firms to explore its legal and financial options following devastating wildfires in Maui, the Wall Street Journal reported Wednesday, citing people familiar with the matter.
Shares of Hawaiian Electric HE fell more than 4% in the extended session Wednesday, following a 1.5% drop in the regular session. The stock is down 55% for the week.
The…