New York Financial News
13.02 / 19:16
Blockchain
UPS
Ethereum
Bitcoin
Bitcoin Bull is Back With a 25% Jump
Well, that was quick. Less than two weeks after cryptocurrencies hit a nadir in the wake of the FTX collapse, Bitcoin has rallied 25% amid speculation the cryptocurrency selloff late last year was too much and too fast.
13.02 / 19:10
13.02 / 19:06
UPS
Target
Cooper
Aware
CEO
Platform
Fried
Sam
NOT
FTX Founder Sam Bankman-Fried Pleads Not Guilty, Trial in October
Disgraced former FTX CEO Sam Bankman-Fried pleaded not guilty to criminal charges of fraud, conspiracy, campaign finance law violations, and money laundering in a New York federal court, setting up a legal battle with his former business partners.
13.02 / 19:00
Digital
Platform
coinbase
Gemini
Kraken
Southern
Bitcoin
Crypto lender Genesis
Crypto Lender Genesis Files for Bankruptcy as FTX Contagion Spreads
Genesis, a crypto lending platform owned by venture capital firm Digital Currency Group, joined crypto firm BlockFi in filing for bankruptcy, the latest crypto company to go belly-up amid allegations of fraud after the collapse of FTX late last year.
13.02 / 18:52
Blockchain
Digital
SEC
Action
coinbase
Strategy
Southern
class action
Customer
Coinbase Wins Dismissal of Customer Class Action Lawsuit
Shares of cryptocurrency exchange Coinbase (COIN) surged more than 28% on Thursday, a day after dismissal of a customer class action lawsuit alleging that it sold cryptocurrency tokens through unregistered securities offerings.
13.02 / 18:45
Twitter
BLOCK
CEO
Fallout
By Returning $10M, Semafor Becomes the Latest Media Outlet Distancing Itself From SBF
Semafor has become the latest media outlet that will be returning a roughly $10 million fund given by disgraced CEO FTX Sam Bankman-Fried, or SBF.
13.02 / 18:40
Blockchain
Provident
JPMorgan
Pool
Chase
Nov
JPMorgan Registers Trademark For Crypto Wallet
JPMorgan Chase & Co. (JPM) registered a trademark for cryptocurrency wallets.
13.02 / 18:32
UPS
Cooper
CEO
Platform
Fried
Sam
bail
Sam Bankman-Fried to Be Released on $250 Million Bail
Sam Bankman-Fried will be freed on $250 million bail after he was extradited to New York to face criminal fraud charges from the collapse of FTX, the failed crypto trading platform. Bankman-Fried, who has previously said he just $100,000 left,will remain under house arrest at his parents' home in Palo Alto, California, wear an electronic monitor and surrender his passport. The ruling by federal judge Gabriel Gorenstein, came a day after he arrived in the U.S. from the Bahamas.
13.02 / 18:30
13.02 / 18:27
13.02 / 18:27
Twitter
SEC
CEO
Southern
Bitcoin
Fried
Sam
the bahamas
FTX Founder Sam Bankman-Fried Arrested in the Bahamas
FTX founder Sam Bankman-Fried was arrested on Dec. 12 in the Bahamas, according to several news reports.The U.S. government's request for his arrest, based on a sealed indictment filed by the U.S. District Court of the Southern District of New York, came a day before Bankman-Fried was due to appear before the U.S. House Financial Services Committee to answer questions about the collapse of the major cryptocurrency exchange he formerly ran as CEO.
13.02 / 18:26
13.02 / 14:39
Stablecoin
Binance
regulation
SEC
security
Paxos
sec lawsuit
SEC lawsuit against Paxos over BUSD baffles crypto community
Paxos and Binance USD (BUSD) being in the sights of United States regulators sparked various reactions from the crypto community.
13.02 / 14:39
business
Stablecoin
Binance
regulation
Paxos
Paxos to stop minting BUSD stablecoins for Binance
Blockchain infrastructure platform Paxos will halt issuance of new BUSD (BUSD) stablecoins amid the ongoing probe by the New York regulators.
13.02 / 14:39
Adoption
regulation
SEC
security
Binance Coin
Support
Binance to support BUSD while exploring non-USD stablecoins, CZ says
Cryptocurrency exchange Binance plans to continue supporting its Binance USD (BUSD) stablecoin despite its issuer Paxos facing a stop order from American regulators.
13.02 / 11:23
regulation
Altcoin
Paxos
Binance USD
Breaking: Paxos reportedly ordered to stop issuing Binance USD
The New York Department of Financial Services has reportedly ordered blockchain company Paxos Trust Co. to stop the issuance of dollar-pegged Binance USD (BUSD) stablecoin.
13.02 / 07:43
business
Law
Department Of Justice
Fraud
Court
Crypto, forex platform CEO pleads guilty in $248M fraud scheme
Eddy Alexandre, CEO of purported crypto trading platform EminiFX has pleaded guilty to commodities fraud in a New York district court, agreeing to pay back millions to investors who lost funds to his "cryptocurrency investment scam.
13.02 / 03:05
regulation
SEC
security
Paxos
sec lawsuit
Breaking: Paxos to face SEC lawsuit over Binance USD — Report
The United States Securities and Exchange Commission (SEC) has reportedly told stablecoin issuer Paxos Trust Co. that it's planning to sue the firm for violations of investor protection laws relating to Binance USD (BUSD).
10.02 / 18:39
10.02 / 08:55
Analysis
Federal Reserve
FTX
inflation
Interest rates
Bankruptcy
Bitcoin
events
Bitcoin price more correlated to FTX developments than macro events: Research
The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin (BTC) throughout Q4, compared to macroeconomic events such as rate hikes, according to research.
10.02 / 08:55
business
NFT
Metaverse
Nifty News: Find love in Paris Hilton’s metaverse, BTC CryptoPunks soar and more
Famous New York socialite, Paris Hilton thinks the Metaverse may be the perfect place to find one’s true love.
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