New York Financial News
10.04 / 17:47
10.04 / 14:49
Adoption
Mining
regulation
Bitcoin
BTC Mining
Bitcoin proponents respond to New York Times’ BTC mining report
The New York Times’ latest report on Bitcoin (BTC) mining, titled “The Real-World Costs of the Digital Race for Bitcoin,” has irked many BTC proponents — some of whom took to Twitter to call out certain aspects of the report, including saying it was “cherry-picking” data.
10.04 / 12:15
business
Microsoft
Google
ChatGPT
Google ChatGPT rival AI faces in-house resistance: Report
Artificial intelligence (AI) has become a major talking point with the rise to prominence of AI chatbot ChatGPT from OpenAI and generative AI image makers like Midjourney and DALL-E 2. However, not everyone sees eye to eye with this emerging technology.
09.04 / 14:19
Blockchain
Provident
Target
Binance
Platform
Action
BURST
I asked ChatGPT what’s next for Binance Coin after CFTC’s lawsuit and it told me…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
09.04 / 09:25
Mining
crypto mining
Bitcoin Mining Firm Sphere 3D Sues Gryphon Digital Over Spoofing Attack – Here's What Happened
Bitcoin mining firm Sphere 3D is suing Gryphon Digital Mining, its business partner, for losing about $500,000 worth of Bitcoin due to a spoofing attack.
09.04 / 01:05
COST
BTC
Digital
ICO
Bitcoin
Time
Bitcoin Price Prediction as Market Indicators Point to a Positive Outlook Despite Recent Dip – Time to Buy?
Recent market trends are pointing towards a positive outlook for Bitcoin's price, causing investors to consider if this is the right moment to invest in them, even after the dip. Taking into account the current analysis and projections, it is possible to roughly gauge how cryptocurrency may fare in the future.
08.04 / 07:47
Dogecoin
Twitter
Dogecoin price
Dogecoin skyrockets 30% as Twitter changes logo to doge meme on web
Twitter’s logo to “doge” meme from the popular “blue bird” boded well with its users, it certainly did for the crypto Dogecoin, as its value zoomed as much as 30%. Doge image is well known as the logo of Dogecoin cryptocurrency, created as a joke by software engineers Billy Markus and Jackson Palmer in 2013, to make fun of the wild speculation in cryptocurrencies at the time. The home button on the top left of Twitter’s web browser used to have the blue bird logo, but overnight, it was replaced with a cartoon of “Shiba Inu”, the face of the Doge meme. In late trade on Monday, Dogecoin rose to as high as 10.2 cents from around 7.7 cents after the change. Currently, the crypto is trading 26% higher at 9.8 cents.
07.04 / 17:09
business
Court
Voting
Bankruptcy
Celsius
Restructuring Plan
network
Celsius Network to make April 12 filing, including info on voting for restructuring plan
Bankrupt crypto lender Celsius Network has announced it will be moving forward on its Chapter 11 restructuring plan with a disclosure statement containing information for claim holders.
06.04 / 15:47
markets
Stablecoin
SEC
Tether
Paxos
Usd Coin
Dollar
Time
Tether supply hits $80B for the first time since May 2022 — stablecoin rivals stumble
Tether (USDT) continues to benefit from the ongoing turmoil in the U.S. dollar-backed stablecoin industry with its market capitalization growing significantly in Q1 2023 at other stablecoins' expense.
06.04 / 15:15
Blockchain
Target
Digital
Manufacturing
PayDay
Signature Bank
crypto activities
New York Finance Regulator Clarifies: Signature Bank Shutdown Unrelated to Crypto Activities – Bullish for the Industry?
The idea that the closure of Signature Bank was in any way an attempt to target the crypto sector is “ludicrous,” the Superintendent of the New York Department of Financial Services (NYDFS) has said.
06.04 / 05:59
business
regulation
Bloomberg
Court
Financial Times
The New York Times
Names of non-US FTX users demanded by mainstream media outlets
Some mainstream media outlets have objected to attempts to withhold the identities of non-United States customers of cryptocurrency exchange FTX during its bankruptcy proceedings.
05.04 / 21:59
regulation
NYDFS
Signature Bank
'Ludicrous' idea that Signature Bank's collapse was connected to crypto, says NYDFS head
Adrienne Harris, superintendent of the New York Department of Financial Services, or NYDFS, has reportedly said the closure of the crypto-friendly Signature Bank in March had nothing to do with exposure to digital assets.
05.04 / 20:09
Mining
regulation
New York State
settlement
US Bitcoin reaches tentative settlement to reopen Niagara Falls mining facility
Crypto miner US Bitcoin Corp has come to a tentative agreement with the City of Niagara Falls that will allow it to reopen its mining operation in that city, according to a local news report. A state supreme court judge ordered its plant closed in early March. The settlement still requires the approval of the city council.
05.04 / 00:09
Citi
Nikhil Rathi defends FCA’s role as companies ditch London listings
The chief executive of the Financial Conduct Authority has told Financial News that the regulator's rulebook is not the main thing holding back London's capital markets as a host of firms look to list in the US instead.
04.04 / 21:41
business
Stablecoin
Tether
Banks
Signature Bank
banking system
Stablecoin issuer Tether accessed US banking system using Signature: Report
Tether, the firm behind the largest stablecoin by market capitalization, reportedly allowed its clients to send funds through Signature Bank’s payments platform — granting the firm access to United States banks.
04.04 / 19:25
Stablecoin
Adoption
PayPal
fees
Banks
Central Bank
credit cards
PayPal and the credit card industry are taking advantage of consumers
More Americans are unable to pay their credit card bills in full at the end of the month, with 46% of credit cardholders carrying month-to-month debt, up from 39% in 2022. A recent report from the Federal Reserve Bank of New York highlighted how the current 15% year-to-year credit card balance increase represents the largest jump in more than 20 years.
03.04 / 21:31
business
Blockchain
Bakkt
Bakkt completes $200M acquisition of Apex Crypto
On Apr. 3, blockchain technology platform Bakkt announced that it completed its acquisition of Apex Crypto LLC. Previously, in November 2022, Bakkt stated it would pay $55 million in cash and stock, worth an estimated $145 million at the time, for the deal.
02.04 / 09:51
NFTS
Non-fungible tokens
Trump
After Manhattan Indictment, Trump's NFT Trading Cards See Sharp Rise in Value – Here's Why
Digital trading cards tied to Donald Trump, the 45th President of the United States, have seen a spike in price following news that a grand jury in Manhattan voted to indict him.
02.04 / 09:17
Provident
BTC
Southern
Bitcoin
silk road bitcoin
US Government to Sell Seized Silk Road Bitcoin
The United States government has announced plans to sell more than 41,000 Bitcoin that were seized as part of the case against Silk Road creator Ross Ulbricht. The news comes from a filing submitted to the U.S. District Court for the Southern District of New York on March 31, which detailed the ongoing proceedings against James Zhong.
02.04 / 06:21
NFT
Trading
Gaming
Crypto Collectibles
Blockchain Game
Trump
PUMP
Nifty News: Trump NFTs pump after indictment, Q1 trading volume hits $4.7B and more…
Oddly, following news of a New York Grand Jury voting to indict former president Donald Trump on March 30, the floor price for the officially licensed Trump Digital Trading Cards NFT project pumped.
01.04 / 16:09
regulation
Bittrex
Crypto Exchange
regulatory
Crypto Exchange Bittrex Pulls the Plug on US Operations Amid Challenging Regulatory Environment – Here's the Latest
Cryptocurrency exchange Bittrex is shutting down US operations, citing increasing regulatory pressure and a lack of clear regulatory requirements.
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