City New York Financial News
06.07 / 12:03
06.07 / 12:03
UPS
Digital
Southern
Voyager Digital files for Chapter 11 bankruptcy protection
Popular cryptocurrency lender Voyager Digital declared bankruptcy late Tuesday, becoming the second high-profile crypto-firm to do so in recent days. Voyager, based in Toronto, filed for Chapter 11 bankruptcy protection in the Southern District of New York on Tuesday. It estimates that it has more than 100,000 creditors and assets worth between $1 and $10 billion. The same range was also recorded for its liabilities.
05.07 / 07:43
Three Arrows Capital
Crypto hedge fund Three Arrows files for Chapter 15 bankruptcy
Crypto hedge fund Three Arrows Capital has filed for Chapter 15 bankruptcy, a move that protects its US assets while a liquidation is carried out in the British Virgin Islands. Representatives for Three Arrows filed the bankruptcy petition in New York on Friday, court papers show. Chapter 15 bankruptcy filings stop creditors from seizing a company’s assets in the US. A British Virgin Islands court ordered the liquidation of Three Arrows Capital earlier this week. The fund, founded by former Credit Suisse traders Zhu Su and Kyle Davies, managed an estimated $10 billion of assets as recently as March, according to blockchain analytics firm Nansen.
01.07 / 17:43
Blockchain
Twitter
Art
Ashanti aims to bring women to Web3, says “owning is important” at NFT music meetup
The billion-dollar music industry is undergoing a major transition as artists begin to understand the potential of owning their work through nonfungible tokens (NFTs). Ashanti, the multi-platinum-selling singer, actress and co-founder of EQ Exchange — a women-led Web3 platform — recently shed light on this during a Cotton Candy Records meetup that took place on June 20 in New York.
30.06 / 09:01
guidance
Regulators in New York eye further crypto guidance
The head of the New York State Department of Financial Services said she wants the regulator to continue to be a leader in cryptocurrencies, remaining upbeat on virtual assets despite the industry’s turmoil.
28.06 / 22:25
European Union
virtual reality
Abortion
News
Prison
Ghislaine Maxwell sentenced to 20 years in prison in Epstein sex abuse case
Ghislaine Maxwell, the jet-setting socialite who once consorted with royals, presidents and billionaires, was sentenced to 20 years in prison for helping financier Jeffrey Epstein sexually abuse underage girls.
28.06 / 15:57
Williams
NOT
New York Fed President John Williams says a U.S. recession is not his base case
New York Federal Reserve President John Williams said Tuesday he expects the U.S. economy to avoid recession even as he sees the need for significantly higher interest rates to control inflation.
23.06 / 06:39
Citi
Platform
Action
Assessing if The Sandbox’s NYC event can bring SAND to $1
The Sandbox is not an exception when it comes to the broader market trend. Thus, when the market crashed, SAND too fell sharply. Likewise, as the market recovered in the last few days, the metaverse token has also posted gains.
19.06 / 18:35
ETH
FIVE
Digital
Platform
Emerging Crypto Art Platform Outland Raises USD 5M Seed Round Led by OKG Ventures
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
17.06 / 18:23
Adoption
NFT
Conference
Utility
NFT.NYC expecting ‘diverse and eclectic audience’ to drive utility narrative of NFTs
NFT.NYC, one of the largest nonfungible token events, is preparing to open its doors for a fourth year, celebrating the diversity of NFTs across 16 sectors, including art, film, sports and ticketing.
17.06 / 09:25
Dogecoin
Law
Court
elon
Elon Musk gets hit with ‘ridiculous’ $258B Dogecoin lawsuit
Billionaire Elon Musk, along with his companies SpaceX and Tesla Inc, are all being sued for an astonishing $258 billion in damages for being “engaged in a crypto pyramid scheme” involving Dogecoin (DOGE).
16.06 / 09:17
Law
BitMEX
Court
Jail
BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation
Benjamin Delo the co-founder of cryptocurrency exchange BitMEX has been sentenced to 30 months probation for violating the Bank Secrecy Act (BSA), which is an anti-money laundering law.
16.06 / 00:39
Blockchain
defi
NYSE
Former president of the New York Stock Exchange joins Uniswap Labs as an advisor
On Wednesday, Uniswap announced that former New York Stock Exchange president Stacey Cunningham will join the company as an advisor.
14.06 / 18:51
Berenberg cuts 50 jobs in New York amid weaker markets
German bank Berenberg has laid off around 50 people in its New York office in the latest sign that investment banks are preparing for cuts after a slowdown in revenue.
14.06 / 16:41
Stablecoin
ETF
Consensus
Bitcoin
Future
Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
“Everything is bigger in Texas” proved to be true during Consensus 2022. The crypto conference took place June 9–12 in Austin, Texas, this year, attracting 17,000 people from across the globe, despite the 100-degree plus weather. According to the event sponsors, Consensus 2018, which was held at the Hilton Hotel in New York, had previously drawn in almost 9,000 attendees.
14.06 / 16:23
cryptocurrency
CRYPTONEWS
Terra Luna
Crypto Leaks Launches Platform That Reveals Scams and Corruption in the Crypto Space
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
14.06 / 09:11
Mining
regulation
New York State
Bitcoin
NYC Mayor Eric Adams speaks out against PoW mining ban legislation
New York City’s Mayor Eric Adams spoke out on Monday, June 13, against a bill just one step away from effectively banning Bitcoin mining in the state for the next two years.
14.06 / 04:25
Berenberg cuts 50 jobs in New York amid weaker markets
German bank Berenberg has laid off around 50 people in its New York office in the latest sign that investment banks are preparing for cuts after a slowdown in revenue.
13.06 / 18:29
UPS
NY Fed Survey Finds Jump in Near-Term Inflation Expectations in May
The public’s expectations for inflation in the short term rose in May, according to a report Monday from the Federal Reserve Bank of New York.
13.06 / 16:32
Berenberg cuts 50 jobs in New York amid weaker markets
German bank Berenberg has laid off around 50 people in its New York office in the latest sign that investment banks are preparing for cuts after a slowdown in revenue.
13.06 / 16:32
Berenberg cuts 50 jobs in New York amid weaker markets
German bank Berenberg has laid off around 50 people in its New York office in the latest sign that investment banks are preparing for cuts after a slowdown in revenue.
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