New York Financial News

30.11 / 20:17

Bitcoin Crypto Stories: John McAfee tells the story of how he first found out about Bitcoin

From the Cointelegraph archives, John McAfee tells his crypto story and takes a look back at his very fascinating life.

30.11 / 15:31

U.S. Government to Backstop Mortgages Above $1 Million in High-Cost Areas

WASHINGTON—The federal government is about to backstop mortgages of more than $1 million for the first time in high-cost markets, such as parts of California and New York.

30.11 / 12:01

Fighting 2024 Fed’s Williams Says Inflation Fight Could Last Into 2024

A senior Federal Reserve official said he expects inflation pressures to recede over the next year but cautioned the central bank will continue to have its work cut out because prices may decelerate to levels still above the Fed’s 2% target.

30.11 / 10:27

Apollo poaches new chief pensions strategist from state government

Connecticut state treasurer Shawn Wooden is joining Apollo Global Management as a partner and chief public pension strategist to help expand the New York firm’s business with retirement systems, which typically are the largest investors in private equity funds.

30.11 / 09:33

business cryptocurrency World Bankruptcy Fried Sam How Sam Bankman-Fried tried to cling to FTX

David Yaffe-Bellany

29.11 / 22:45

UPS Citi Pool services Million Dollar Luxe: The Greater Los Angeles Area’s Premier Destination for Luxury Rental Services

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

29.11 / 17:33

Fighting 2024 Fed’s Williams Says Inflation Fight Could Last Into 2024

29.11 / 13:33

New York State First US State where you can no longer mine crypto: Law Decoded, Nov. 21-28

The state of New York became the first one in the United States to impose a moratorium on proof-of-work (PoW) mining, albeit only for two years. Last week, New York governor Kathy Hochul signed the moratorium into a bill, prohibiting any new mining operations that aren’t based on 100% renewable energy. The renewal of licenses would also be frozen. In eight months, the anti-mining bill made its way from the first passing through the state Assembly to the governor’s pen.

29.11 / 03:13

Forbes Media The New York Times Fried From the NY Times to WaPo, the media is fawning over Bankman-Fried

Nearly three weeks have passed since FTX founder Sam “SBF” Bankman-Fried announced that his exchange was facing a deep liquidity crisis, was unable to find a last-minute bailout, and was forced to file for Chapter 11 bankruptcy. The insolvency impacted millions of investors, leaving many portfolios completely wiped out.

29.11 / 02:21

business Insurance Bitcoin Regulation GK8 increases insurance cap on digital assets to $1B

Digital asset custody platform GK8 has partnered with USI Insurance Services to expand its insurance policy for institutional customers — a move the company said would incentivize banks and other financial institutions to start investing in cryptocurrency.

28.11 / 23:55

regulation FTX Congress hearing us house committee US House committee sets Dec. 13 date for FTX hearing

The United States House Financial Services Committee has announced it will be holding a hearing to investigate the events around the collapse of crypto exchange FTX.

28.11 / 23:37

regulation Kraken OFAC us sanctions Kraken settles with US Treasury's OFAC for violating US sanctions

The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, has announced a settlement with crypto exchange Kraken for “apparent violations of sanctions against Iran.”

28.11 / 19:13

cryptocurrency BlockFi Bankruptcy Crypto lender BlockFi files for bankruptcy protection in US

Cryptocurrency lender BlockFi said on November 28 that it was filing for bankruptcy protection in the United States.

27.11 / 10:19

Adoption Mining Lightning Network Bitcoin Bitcoin mining revenue lowest in two years, hash rate on the decline

The revenue earned by Bitcoin (BTC) miners fell to two-year lows owing to poor market performance and a heavier computational demand amid rising network difficulty. However, an ongoing downturn in the Bitcoin hash rate over the past month has allowed miners to recoup losses.

27.11 / 00:59

business regulation POW New York's mayor seeks balance with regulators after PoW mining moratorium

New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with statewide efforts to curb environmental costs related to crypto mining, according to reports on Nov 25.

25.11 / 15:23

Blockchain regulation FTX stake FTX stake in US bank raises concerns about banking loopholes

The bankruptcy proceedings of cryptocurrency exchange FTX have revealed many new aspects of its unethical practices. The latest revelation around its stake in one of the smallest United States banks from rural Washington has raised fresh concerns about its operations and alleged misuse of banking loopholes.

25.11 / 11:45

JPMorgan Action class action lawsuits JPMorgan, Deutsche Bank on the hook for class action lawsuits over facilitating Jeffrey Epstein’s sex-trafficking

Women who accused Jeffrey Epstein of sexual abuse are suing Deutsche Bank and JPMorgan, saying the banks facilitated Epstein’s alleged sex-trafficking operation and ignored red flags about their wealthy client.

24.11 / 16:27

FTX Fried Sam Sam Bankman-Fried Will Speak at Conference Alongside Ukraine President Volodymyr Zelensky and US Treasury Secretary Janet Yellen Despite Ongoing FTX Investigation

FTX founder Sam Bankman-Fried will speak during the New York Times' annual DealBook Summit alongside Ukraine President Volodymyr Zelensky and US Treasury Secretary Janet Yellen despite the ongoing investigation against his failed venture FTX.

24.11 / 12:39

regulation crypto ban New York Attorney General Urges Congress to Prohibit Retirement Investments in Crypto Assets

New York Attorney General Letitia Games has urged lawmakers to ban the use of crypto assets as an investment option for retirement accounts.

24.11 / 06:47

business Blockchain Twitter The New York Times Fried events Sam Sam Bankman-Fried still speaking at events and the community is furious

Former FTX CEO Sam Bankman-Fried has once again attracted the ire of the crypto community — this time over his slated appearance at an upcoming New York City conference on November 30.

23.11 / 22:55

BTC/USD Bitcoin Price Prediction Bitcoin blast fomc minutes Bitcoin Price Prediction as FOMC Minutes to Blast BTC Into Bullish Territory

Bitcoin failed to maintain its upward trend on November 23 and fell below $16,650. However, following the release of dovish FOMC meeting minutes, Bitcoin is gaining bullish momentum.

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