The WSJ Creates Their Own Cryptocurrency to Better Understand the Market

The Wall Street Journal (WSJ) is now a part of the cryptocurrency market after creating their own crypto – called the WSJCoin.

It’s no secret that mainstream media isn’t the biggest fan of cryptocurrency, often releasing sensationalized reports that demand page views more than they do facts. That being said, the Wall Street Journal (WSJ) is now a part of the cryptocurrency market after creating their own crypto – called the WSJCoin.

The U.S.-based news outlet embarked on the journey to create their own cryptocurrency in order to, as they put it, to better “understand what drives the wild cryptocurrency market—the technology, hype and innovation, combined with the hacking, market manipulation and increased regulation…”

The WSJ’s journey first began in Japan, a hotbed for cryptocurrency and blockchain innovation, where the team of journalists found a blockchain startup and hired one of their programmers to write some code constituting the framework of a cryptocurrency, and just like that, the WSJCoin was born.

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