Los Angeles Financial News
28.11 / 07:55
business
Tesla
elon
Bizarre $600K Elon Musk crypto statue marketing stunt falls flat
Tesla CEO Elon Musk has seemingly given the cold shoulder to a $600,000 monument of him in goat form — which was created as part of a bizarre crypto marketing stunt.
24.11 / 17:13
business
MicroStrategy
HODL
Bitcoin
Time
First time Bear market? Advice from Bitcoin Bull Michael Saylor
First-time bear market? It’s also the first Bitcoin (BTC) bear market for Michael Saylor, one of the world’s biggest Bitcoin bulls.
13.10 / 18:19
Blockchain
UPS
Digital
Future
PoshCoin can Become the Future of the Marijuana Industry
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
24.09 / 16:39
Provident
Digital
Southern
Crypto profits going unreported? Here’s why you may be on the IRS radar
A U.S. District Judge recently issued an order with regards to taxation paid on cryptocurrencies. The Judge authorizing Internal Revenue Service (IRS) to seek information related to American taxpayers who don’t report or pay taxes on cryptocurrency transactions.
13.09 / 16:39
UPS
Digital
Aware
Gap
NFTuesday’s Are Coming To Los Angeles
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
09.09 / 15:53
Provident
Digital
Booking
Quentin Tarantino, Miramax Settle Lawsuit Over Pulp Fiction NFTs
American director Quentin Tarantino’s venture into the non-fungible token (NFT) sphere, with an offer of handwritten pages from the screenplay of his 1994 blockbuster Pulp Fiction and related drawings, can move forward as the artist and movie production company Miramax have settled a lawsuit the firm filed against Tarantino last year.
05.09 / 15:49
Why millions of workers who went remote during the pandemic don’t want to return to the office
Erin Li, a 29-year-old working for an advertising firm in Los Angeles, is looking for a new job that allows full-time remote work.
01.09 / 18:23
01.09 / 11:09
UPS
Waves
Digital
Swiss
asset manager
Financial
US digital asset manager Wave Financial snaps up Swiss crypto firm for Europe push
Wave Financial, a US-based investment manager overseeing $1.5bn, has acquired a stake in a Swiss crypto firm as part of an expansion into Europe's fast-growing digital assets market.
22.08 / 22:05
business
Sport
Crypto.com
Crypto.com moves forward with multimillion-dollar renovation of Staples Center following staff cuts
Despite announcing it would cut its staff by roughly 5% in June and the recent market downturn, cryptocurrency exchange Crypto.com has continued to move forward with an agreement to rebrand the Los Angeles-based venue formerly known as the Staples Center.
17.08 / 12:35
Provident
CryptoPunk, Meebits Owners can now Create Commercial Projects With Their NFTs
Owners of CryptoPunk and Meebits non-fungible tokens (NFTs) can now create commercial projects and products based on their NFTs.
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.
04.08 / 10:53
cryptocurrency
Bitcoin prices
crypto prices
Bitcoin
The crypto market crashed. They’re still buying bitcoin
Cory Klippsten started issuing warnings about the cryptocurrency market in March. The digital coin luna, Klippsten tweeted, was a scam, run by an entrepreneur with “major Elizabeth Holmes vibes.” The newfangled crypto bank Celsius Network was a “massive blowup risk,” he said.
26.07 / 05:03
business
Blockchain
Banks
Moelis
Moelis & Co. co-founder to head group advising blockchain companies
New York-based investment banking giant Moelis & Co. has launched a Global Blockchain Group that will provide advisory services to blockchain and crypto firms.
22.07 / 13:05
CEO
Platform
coinbase
Gemini
Top crypto
Top Crypto Firms That Laid Off Staff Recently
The crypto industry has witnessed a massive downturn, losing about $2 trillion in value since hitting a peak in November.
20.07 / 14:09
Facebook
Digital
Platform
Meta Partners with Digital Brand DressX for New Avatar Store
Meta said that it is partnering with digital fashion startup DressX for Meta's new Avatar Store.
27.06 / 13:01
Blockchain
cryptocurrency
Binance
Crypto Exchange Binance Signs Cristiano Ronaldo As Partner For NFT Push
Cristiano Ronaldo and Binance will create a series of NFT collections for sale on the company's platform.
26.06 / 07:27
cryptocurrency
NFT
Binance scores Cristiano Ronaldo as partner for NFT push
cryptocurrency exchange by trading volumes, said on Thursday it has signed a partnership with Cristiano Ronaldo for the promotion of non-fungible tokens (NFTs). As part of the multi-year agreement, the Portuguese soccer star and Binance will create a series of NFT collections for sale on the company's platform, the cryptocurrency exchange said, adding that the first collection would be released later this year. An NFT is a digital asset that exists on a blockchain, a record of transactions kept on networked computers, and the blockchain serves as a public ledger, allowing anyone to verify the NFT's authenticity and check who owns it.
25.06 / 00:55
Blockchain
Adoption
NFT
Food
It seems NFT-themed Bored & Hungry restaurant no longer accepts crypto
The Los Angeles Times reported Friday that recently opened NFT-themed burger joint Bored & Hungry no longer accepts cryptocurrency as a form of payment for its food.
21.06 / 12:37
Binance
Sport
coinbase
Advertising
Crypto Exchanges Backing Away from Sports Spending as Crunch Continues
Crypto firms are reportedly scaling back their spending on sports-related advertising and sponsorship as winter continues to bite in the markets.
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