New York Financial News

23.02 / 05:21

Microsoft Google Platform Strategy Tencent Interface China tech companies are closely watching ChatGPT's A.I. skills. Here's what they're doing

BEIJING — The business story of ChatGPT right now is more about what isn't known.

22.02 / 22:11

Government Law regulation FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto

The United States Federal Trade Commission said it had started an investigation of crypto lending firm Voyager Digital parallel to the company’s bankruptcy proceedings.

22.02 / 20:39

COST UPS Citi Digital Software Solana Spaces to shut down NYC and Miami stores

Solana Spaces, the Web3 onboarding experience that aimed to bring people to Solana through its retail stores, has announced that it will shut down its stores in New York and Miami by the end of February. In a recent tweet, the founder of Solana Spaces, Vibhu Norby, explained that the company has pivoted its Solana onboarding efforts into digital products like DRiP, which has attracted over 100,000 sign-ups.

22.02 / 17:45

Provident NYDFS introduces enhancements for crackdown on virtual currency fraud

The New York Department of Financial Services (NYDFS) has introduced enhancements to its ability to detect illegal activities in crypto firms. This is the latest development in the New York regulator’s increased scrutiny of firms operating in the virtual currency space.

22.02 / 11:53

business Blockchain Investments PayPal security seed funding PayPal co-leads $20M seed funding for on-chain risk optimizer Chaos Labs

Payments giant PayPal and investment management firm Galaxy joined hands to raise $20 million in seed funding for Chaos Labs, a New York-based cloud platform for securing blockchains and protocols.

22.02 / 05:17

business event Blockchain Adoption shopping community retail Solana Spaces will close New York and Miami stores 7 months after opening

Solana Spaces will close down its two Solana (SOL)-themed, community-oriented retail stores in New York City and Miami at the end of the month, as the physical stores didn't onboard as many users as it initially anticipated.

22.02 / 03:47

CEO EToro scores New York BitLicense

European outfit eToro has been building its US presence since launching there in 2019.

21.02 / 19:09

Stablecoin regulation SEC Paxos Binance USD Paxos is engaged in 'constructive discussions' with SEC: Report

Stablecoin issuer Paxos was reportedly discussing the Binance USD (BUSD) stablecoin with the United States Securities and Exchange Commission following a Wells notice from the financial regulator.

21.02 / 16:23

CBDC Adoption regulation Africa Central Bank enaira eNaira is 'crippled': Nigeria in talks with NY-based company for revamp

The Central Bank of Nigeria (CBN) continues with its attempts to create its central bank digital currency (CBDC), the eNaira, but this time it’s calling in for backup.

21.02 / 14:37

Blockchain Binance SEC CEO Action Southern Terraform Labs Luna Terra Luna Classic Price Prediction as LUNC Reaches $1 Billion Market Cap – Can LUNC Recover in 2023?

The terra luna classic price has dipped to $0.00016810 today, marking a 1% loss in a day and also a week. LUNC is also down by 6% in a month, with the token hurt by the recent news that the SEC is charging Terraform Labs and CEO Do Kwon with running multi-billion dollar securities fraud.

21.02 / 03:15

NASDAQ LSE valuations Tweaking the LSE’s rules won’t solve the lure of New York valuations

David Wighton is a columnist at Financial News

20.02 / 23:17

Binance regulation SEC security Kraken Paxos The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20

New week, a new element of the crypto ecosystem is under attack. This time, the United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD (BUSD) — a dollar-pegged stablecoin. Paxos received a cease order from the New York Department of Financial Services (NYDFS).

20.02 / 15:09

JPMorgan Pool JPMorgan banker joins Blackstone to advise wealth fund investors

Blackstone has hired a managing director to join its team advising a rapidly growing pool of wealthy investors who back vehicles such as real estate and credit funds run by the world's biggest private-equity manager.

20.02 / 14:21

UPS Provident Target CEO Financial Cybersecurity firm Darktrace hires EY to review financial processes after damning short seller report

In this article

19.02 / 22:47

UPS BTC Binance Digital RIG Bitcoin Time Bitcoin Price Prediction as BTC Blasts Up 15% in 7 Days – Time to Buy?

With Bitcoin surging 15% in just seven days, many investors are wondering if it's the right time to buy. In this article, we'll discuss the current state of the Bitcoin market and examine some Bitcoin price predictions for the future.

19.02 / 09:55

Law regulation FTX FTX Token creditors Voyager creditors serve SBF a Subpoena to appear in court for a ‘remote deposition’

Representatives for Voyager's Unsecured Creditors have requested that former FTX CEO Sam Bankman-Fried (SBF) and a number of top-level executives from FTX and Alameda Research, provide documents and appear in court remotely next week for a deposition.

18.02 / 15:19

MET Cooper CEO Action Southern Executive Former FTX executive Nishad Singh reportedly plans to plead guilty

Nishad Singh, the former head of engineering at the collapsed exchange FTX, is reportedly planning to plead guilty to criminal charges brought by the United States Department of Justice.

18.02 / 01:25

regulation SEC crimes Terra Do Kwon removed 10K Bitcoin from Terra after collapse — Takeaways from SEC complaint

A complaint filed by the United States Securities and Exchange Commission said Terra co-founder Do Kwon and Terraform Labs laundered more than $100 million worth of Bitcoin from the platform following its collapse in May 2022.

18.02 / 01:25

regulation Fraud FTX Bankruptcy Deal Former FTX exec will plead guilty to federal charges with a deal: Report

Nishad Singh, the co-founder and former chief engineer of bankrupt crypto exchange FTX, is working on a plea deal with prosecutors, Bloomberg reported on Feb. 17. The deal, which would see the 27-year-old Singh plead guilty to charges related to FTX’s collapse, has yet to be finalized, the report said.

17.02 / 21:47

MATIC FIL RIA FGHT CCHG MEMAG Best Crypto to Buy Today 17 February – MEMAG, MATIC, FGHT, LRC, CCHG, FIL, RIA

The cryptocurrency market experienced a significant decline on Thursday, with a net outflow of $35.215 billion causing the market cap to fall by 3.32% from $1.062 trillion to $1.026 trillion. This news comes as a blow to bullish investors who have seen the cryptocurrency market rally in recent weeks. What are the best cryptos to buy today in this environment?

17.02 / 17:05

Man CEO Southern Jail Fried Sam Judge considers sending Sam Bankman-Fried to jail, here’s why

Sam Bankman-Fried, the man behind the bankrupt crypto exchange FTX, is facing increasing scrutiny from a federal judge over his use of electronic devices while out on bail.

breaking news about New York

What is the current situation in New York?

In New York, the spotlight is on socially significant developments that affect the region’s daily life.

Where can I find reliable news about New York?

We publish verified updates about the situation in New York, based on information from regional journalists.

What shapes the media agenda in New York?

The news landscape of New York is shaped by the region’s internal dynamics, reflecting its local way of life.