City New York Financial News

09.02 / 09:49

cryptocurrency FBI Bitcoin The Bitfinex Crypto Heist: All you need to know about the scamster couple

In 2016, cryptocurrency exchange Bitfinex was robbed of about $70 million, with hackers making away with some 1,20,000 bitcoins. The treasure is worth a staggering $4.5 billion today!

09.02 / 08:47

cryptocurrency Digital Bitcoin hack Bitcoin "Bonny & Clyde" Of Crypto Arrested Over $4.5 Billion Bitcoin Hack

Heather Morgan (R) and Ilya Lichtenstein were detained on charges of conspiring to launder Bitcoins.

09.02 / 07:43

hacks regulation Scams bail 'Comedic rapper' charged over Bitfinex hack laundering out on bail

New York resident Heather Morgan, 31, claims to be many things: “a serial entrepreneur, prolific writer, irreverent comedic rapper, and investor in B2B software companies with high growth potential.”

08.02 / 12:57

Adoption Lightning Network lightning Bitcoin network bitcoin lightning Bitcoin Lightning Network goes live on Cash App

Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any Lightning or on-chain BTC address.

05.02 / 03:09

Lowe's Ripple coinbase Bitcoin week Bitcoin Price Continues Climb From Last Week's Lows

The price of a single bitcoin continued its climb upwards after lows last week. On Saturday morning, it even surpassed the $9,000 mark before paring back its gains. At 14:19 UTC on Monday, bitcoin was trading at $8,689.80 per pop, up 7.8% from its price 24 hours ago. That figure also represents a climb of approximately 25% from its price a week ago.

04.02 / 16:15

UPS Citi Provident Bodegas are looking to zoning laws to defend their turf against instant delivery start-ups

Grocery delivery start-up Gopuff last fall moved into the ground-floor retail space of a new luxury apartment building on the Lower East Side of Manhattan, across the street from a bodega.

04.02 / 08:07

business Art New York State A metaphor? NYC 'solid gold cube' crypto promo turns out to be hollow

The “solid gold cube” crypto promo that surfaced in New York this week has turned out to be hollow on the inside, with onlookers online lampooning the stunt as an appropriate critique of the extravagant promises of crypto and blockchain tech.

03.02 / 07:25

Government Adoption regulation ‘Philly is ready’ for CityCoins says city council

Philadelphia is on the cusp of following in the footsteps of Miami, Austin and New York City by partnering with CityCoins to develop a crypto for the city of Brotherly Love.

03.02 / 00:29

New York Times New York Times Confronts Labor Strife as Tech Workers Push to Organize

New York Times Co. is resisting a unionization effort by its technology workers and is battling the newsroom’s main union over the creation of new holidays as labor strife at the publisher intensifies.

01.02 / 23:51

business Bitcoin NYDIG offering allows participating companies to pay employees in Bitcoin

The New York Digital Investment Group, or NYDIG, has launched a benefit program allowing employees of participating companies to convert a portion of their paychecks into Bitcoin.

01.02 / 20:39

Mining regulation New York gubernatorial candidate calls for moratorium on proof-of-work mining

With roughly nine months until major federal and state elections, New York State gubernatorial candidate Jumaane Williams is making crypto mining an issue in his campaign, criticizing the lack of regulatory clarity.

01.02 / 06:45

Ethereum cryptocurrency solana Bitcoin Cryptocurrency Prices Today : Ahead of Budget 2022, bitcoin, ethereum rise

The global cryptocurrency market capitalisation rose 4.66 percent over the last 24 hours to $1.75 trillion, while the trading volumes were up 15.08 percent to $63.86 billion.

28.01 / 13:49

Citi Google Goldman, Google and Just About Every NYC Employer Will Soon Have to Disclose Pay Secrets

New York City will require employers to list the minimum and maximum salaries on job postings starting this spring, a mandate that is already drawing opposition from business groups.

28.01 / 13:02

regulation Europe Bitcoin politician Belgian MP becomes first European politician to accept salary in Bitcoin

Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin.

28.01 / 04:01

business Banks Bitcoin services Flushing it: $8B New York commercial bank to offer Bitcoin services

Flushing Financial Corporation, the parent company behind New York-based Flushing Bank has partnered with crypto firm New York Digital Investment Group (NYDIG) to offer Bitcoin (BTC) services to its customers.

27.01 / 00:51

Citi CEO Gap Bitcoin Want your salary in Bitcoins? Here’s why you should think twice

The cryptocurrency boom reached new levels by touching on salaries in some countries. The millennial generation preferred to receive payments in cryptos. Fair to say, Cryptos are part of the new financial model, and crypto salaries are part of these advances.

26.01 / 09:29

IPO JPMorgan Action Strategy IPOs Crackdown on Chinese IPOs in the U.S. could make investors think twice about betting on tech

BEIJING — Investors may have to think twice about whether to bet on Chinese tech start-ups as new regulations are imposed on mainland companies looking to go public in the U.S.

24.01 / 13:13

business Blockchain Adoption Bitcoin No regrets for NYC mayor receiving his first Bitcoin paycheck during dip

Bitcoin (BTC) is a New York state of mind thing for Eric Adams, the crypto advocate serving as the 110th Mayor of New York City. He received his first Bitcoin payout on Friday during some epic downward price action, and was unflappable when asked about losses during an interview.

21.01 / 13:27

Ethereum Citi coinbase Bitcoin NYC Mayor to Receive 1st Paycheck in Crypto Converted via Coinbase

New York City's new mayor Eric Adams said that his first paycheck will be converted into Bitcoin and Ethereum via Coinbase Global.

21.01 / 07:23

Ethereum cryptocurrency Bitcoin New York Mayor to receive first paycheck in cryptocurrency

Eric Adams on Thursday said his first paycheck, to arrive on Friday, will be automatically converted into cryptocurrency via Coinbase Global Inc. The salary will be converted to ethereum and bitcoin, the statement added. The mayor last year said he would take his first three paychecks in bitcoin and signaled his intention to make his city the «center of the cryptocurrency industry».

21.01 / 01:37

Ethereum coinbase Bitcoin New York's new pro-crypto mayor Eric Adams invests his first paycheck in Bitcoin and Ethereum

New York City's new mayor Eric Adams plans to convert his first paycheck this week into two cryptocurrencies, which he has been hyping as a potential economic engine for the city.

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