City New York Financial News
16.09 / 11:57
cryptocurrency
Holdings
Celsius Files For Permission To Sell Its Stablecoin Holdings
Celsius currently owns 11 different forms of stablecoin, for a total of about $23 million.
12.09 / 21:43
regulation
Investments
Bitcoin
bitcoin fund
approved
Stone Ridge board approved plan for 'liquidation and dissolution' of its Bitcoin fund
Stone Ridge Asset Management, whose holding company is behind the New York Digital Investment Group, has filed notice with the United States Securities and Exchange Commission that it will liquidate its Bitcoin Strategy Fund.
12.09 / 21:25
IPO
Target
Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month
Goldman Sachs is planning on cutting several hundred jobs this month, making it the first major Wall Street firm to take steps to rein in expenses amid a collapse in deals volume.
12.09 / 18:25
UPS
Tether
Bitfinex
sentencing
Accused 'shadow banker' Reggie Fowler seeks a 6-month sentencing delay
Reggie Fowler, a former NFL team owner and alleged "shadow banker" who might face up to 30 years of imprisonment, asked the court of the Southern District of New York for a six-month adjournment.
07.09 / 20:11
Target
Fighting
Remark
vice chair
Fed Vice Chair Brainard vows 'we are in this for as long as it takes' to stop inflation
Federal Reserve Vice Chair Lael Brainard vowed Wednesday to press the fight against inflation that she said is hurting lower-income Americans the most.
04.09 / 12:59
Climate change
Protests
resolution
United Nations adopts 'historic' resolution on justice for rape survivors
The UN has adopted a text aimed at combating sexual assault and providing access to justice for victims of such abuse.
31.08 / 00:35
28.08 / 21:05
UPS
Citi
Provident
Time
Everyone’s a Landlord—Small-Time Investors Snap Up Out-of-State Properties
Jack Cronin found San Francisco-area homes too expensive or too far from the city center to buy when he lived there in 2020. The tech worker still wanted a piece of the hottest housing market of his lifetime, so he started looking farther afield.
26.08 / 02:17
UPS
Citi
Provident
Platform
Polygon Founder Raises USD 50M for First VC Fund Built by Web3 Founders
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
23.08 / 23:07
Law
regulation
lending
Bankruptcy
Celsius calls out Prime Trust in court, alleging firm didn't turn over $17M in crypto
Crypto lending platform Celsius Network has filed a lawsuit claiming that custodian Prime Trust failed to turn over roughly $17 million worth of cryptocurrency.
18.08 / 12:07
Digital
CEO
Enterprise
Broker
Crypto Broker Genesis Cuts 20% Workforce, CEO Michael Moro Stepping Down
Genesis, a major institutional digital asset market and a full-service digital currency prime brokerage based in New York, on Wednesday announced several leadership changes amid the company’s efforts to boost the next phase of its growth.
17.08 / 11:37
business
Court
Bitcoin
For greater good: NY judge allows Celsius to mine, sell Bitcoin
Not even 24 hours after revealing a three-month cash flow forecast that threatens total exhaustion of funds, a New York judge allowed crypto lender Celsius Network to mine and sell Bitcoin (BTC) during its bankruptcy.
17.08 / 01:07
regulation
Taxes
Customers
IRS takes out John Doe summons on crypto prime dealer SFOX to find tax cheat customers
The Central District of California federal court entered an order Monday to authorize the United States Internal Revenue Service (IRS) to serve a John Doe summons on SFOX, a Los Angeles-based cryptocurrency prime dealer. The IRS filed suit to receive the order, which directs SFOX to reveal the identities of customers who are U.S. taxpayers and documents relating to their cryptocurrency transactions equivalent to at least $20,000 carried out between 2016 and 2021.
16.08 / 14:05
Provident
Binance
Platform
Oracle
Lovely Inu Introduces a New Meme Token to the Global Crypto Market
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
12.08 / 20:55
Social Media
Climate change
Author Salman Rushdie attacked on lecture stage in New York
Salman Rushdie, the author whose writing led to death threats from Iran in the 1980s, was attacked Friday as he was about to give a lecture in the USA.
11.08 / 14:39
Blockchain
Environment
Decentralization
This blockchain platform says it's eco-friendly without compromising on performance
The excitement surrounding blockchain technology is palpable, but it's been coupled with growing concerns about the impact that mining has on the environment.
09.08 / 14:25
BitMEX
Top BitMEX employee guilty of violating US anti-money-laundering rules
A top employee at BitMEX has pleaded guilty in New York to failing to put in place an anti-money-laundering program at the cryptocurrency derivatives exchange, joining three co-founders who previously admitted to violations of US law.
09.08 / 12:59
Digital
Platform
Southern
Arrow
Voyager Digital Likely to Resume Withdrawal From August 11
Earlier on Thursday, Judge Michael Wiles of the U.S. Bankruptcy Court in New York ruled in the favor of Voyager Digital, to receive access to the funds in its custodial wallets to return the $270 million to the affected customers.
09.08 / 08:17
IPO
Alibaba gets Hong Kong's approval for a primary stock listing
BEIJING — Chinese e-commerce giant Alibaba is making Hong Kong a «primary» listing for its shares, paving the way for mainland China investors to trade the stock directly.
05.08 / 23:51
business
lending
Bankruptcy
Withdrawals
Voyager plans to resume cash withdrawals on Aug. 11
Crypto lender Voyager Digital Holdings has reported users may be able to make cash withdrawals from the app more than a month after suspending trading, deposits, withdrawals and loyalty rewards.
03.08 / 04:21
Fighting
Fed's James Bullard expresses confidence that the economy can achieve a 'soft landing'
St. Louis Federal Reserve President James Bullard said Tuesday that he still thinks the economy can avoid a recession, even though he expects the central bank will need to keep hiking rates to control inflation.
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