New York Financial News
01.04 / 13:47
business
Stablecoin
Adoption
Tokens
Terra
Future
Do algorithmic stablecoins have a future as centralized coins are under scrutiny?
Binance’s native stablecoin — Binance USD (BUSD) — was the third-largest stablecoin pegged to the United States dollar, minted by blockchain infrastructure platform, the Paxos Trust Company, through a transfer of technology agreement between the two firms.
01.04 / 08:37
Provident
Binance
Digital
SEC
Interface
Intuit
Bitcoin
market value
This Crypto Exchange is Buying your Bitcoin for 3x Market Value
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
31.03 / 16:55
31.03 / 16:03
Government
regulation
Silk Road
US government plans to sell 41K Bitcoin connected to Silk Road
The United States government plans to liquidate more than 41,000 Bitcoin seized as part of the case against Silk Road creator Ross Ulbricht.
31.03 / 15:27
31.03 / 12:25
31.03 / 10:13
Binance
CFTC
regulation
Binance Crypto Exchange Accused of Allowing U.S. Firms to Circumvent Derivatives Trading Ban – What's Going On?
Binance has been accused by the Commodity Futures Trading Commission (CFTC) of allowing trading firms based in the US to trade crypto derivatives on Binance’s international exchange.
31.03 / 08:53
fall
Wall Street Bonuses Fall by Most Since 2008
The average Wall Street bonus fell 26% last year, the biggest percentage drop since the financial crisis, as a slump in deal making cut into bankers’ compensation.
30.03 / 16:13
regulation
crimes
FTX
Court
Fried
Sam
NOT
Sam Bankman-Fried pleads not guilty to bribery, charges from superseding indictment
Lawyers for former FTX chief executive officer Sam Bankman-Fried have entered a not guilty plea for five additional charges since his December 2022 arraignment, including allegations of bribery.
30.03 / 15:29
Blockchain
UPS
Ethereum
Binance
CFTC
Platform
Bitcoin
Binance Sees $2.2 Billion Outflows Following CFTC Lawsuit – Should the Crypto Industry be Worried?
The major crypto exchange Binance has seen a whopping $2.2 billion in outflows after news broke that it has been sued in the US by the Commodity Futures Trading Commission (CFTC).
30.03 / 15:29
regulation
Terra
Luna
Extradition
US or South Korea: Terraform Labs Co-Founder Do Kwon Extradition Fate to Be Decided by Judge
A judge will decide whether Do Kwon will be extradited to the United States or South Korea, Montenegro’s justice minister, Marko Kovac, reportedly said.
30.03 / 11:43
Blockchain
Luna
Terraform Labs Co-Founder Do Kwon Appeals Extended Detention
Do Kwon, the co-founder of Terraform Labs, was recently arrested at Podgorica airport in Montenegro for attempting to fly to Dubai using fake documents. Following his arrest, the Montenegrin court approved a 30-day extension to Kwon's detention period, which is longer than the usual 72-hour period allotted by authorities.
30.03 / 09:05
Ethereum
Twitter
Digital
Assurant
Token-Gated Access: Ticketmaster Rolls Out NFT-Enabled Ticket Sales for Fans – Here's How it Works
U.S. ticket sales and distribution firm TicketMaster has implemented crypto wallet integration for the fan club of American metal band Avenged Sevenfold in relation to its forthcoming tour. Owing to the feature, fans who are members of the Death Bats Club will be enabled to use non-fungible token (NFTs) to secure privileged access to tickets and reserved seating without the need to queue.
30.03 / 08:19
UPS
Citi
Fears over London’s competitiveness grow as New York catches up in latest finance rankings
London is no longer the clear leader among financial centres, according to a new report, as New York moves up the rankings to tie with the City.
29.03 / 21:47
regulation
Insurance
Congress
Signature Bank
crypto deposits
week
FDIC plans to return $4B in Signature crypto deposits 'by early next week' — Martin Gruenberg
Martin Gruenberg, chair of the United States Federal Deposit Insurance Corporation, has said the FDIC plans to return roughly $4 billion in deposits connected to Signature Bank’s digital asset banking business by early April.
29.03 / 11:05
UPS
Provident
Digital
Platform
Jail
Fried
Sam
FTX founder Sam Bankman-Fried facing up to 155 years in jail after new fraud charges announced
FTX founder Sam Bankman-Fried faced new fraud charges on Thursday, as prosecutors accused him of cheating thousands of investors out of billions of dollars while casting himself as a trustworthy "saviour of the cryptocurrency industry".
29.03 / 10:35
cryptocurrency
Signature Bank
FDIC
U.S. FDIC tells Signature Bank's crypto clients to close accounts by April 5
FDIC) has informed collapsed lender Signature Bank's crypto clients that they have until April 5 to close their accounts and move their money. The deposits in question were not part of a rescue deal arranged with Flagstar Bank, a unit of New York Community Bancorp, earlier this month. «Flagstar's bid did not include about $4 billion in deposits related to Signature's digital-asset business,» an FDIC spokesperson said. «Those are the deposits we are encouraging customers to move before April 5. If they have not by that day, we will mail checks to the address on record.»
29.03 / 06:47
CEO
Action
Software
Southern
Sam
bail
What Sam Bankman-Fried’s revised bail terms entail
Sam Bankman-Fried’s defense team and the prosecutors assigned to his case have agreed over the terms of the disgraced crypto tycoon’s bail conditions. The modified bail terms will apply to the former FTX CEO while he awaits trial in the criminal case filed against him by the United States Department of Justice.
29.03 / 02:15
regulation
economy
Loans
Signature Bank
Signature’s crypto clients told to close their accounts by April 5: Report
Signature Bank’s cryptocurrency clients have been reportedly given until April 5 to take their funds out and find another bank, or have their accounts closed by the federal regulator.
29.03 / 00:17
JPMorgan
lawsuits
Jamie Dimon is being deposed over JPMorgan Chase role in Epstein lawsuits
Jamie Dimon, the veteran JPMorgan Chase CEO and chairman, will be deposed over his bank's links to disgraced former financier Jeffrey Epstein, according to a person with knowledge of the matter.
28.03 / 20:43
markets
Binance
CFTC
Bitcoin
Bitcoin Price
Bitcoin price holds its ground in the wake of CFTC case against Binance
The price of Bitcoin (BTC) fell 3.6% to $26,900 after Binance and CEO Changpeng "CZ" Zhao were sued by the United States Commodity Futures Trading Commission (CFTC) on March 27. To date, Binance has been investigated by the CFTC, the US Securities and Exchange Commission (SEC), the Internal Revenue Service and federal prosecutors.
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