New York Financial News
04.10 / 17:39
Provident
Platform
Southern
network
Decoding the significance of 17 October for the bankrupt Celsius Network
Celsius Network [CEL], the New Jersey-based bankrupt cryptocurrency lending company, managed to set the date for auctioning its assets. As per the document filed with the US Bankruptcy Court for the Southern District of New York on 3 October, Celsius will have its final auction on 17 October.
04.10 / 12:05
cryptocurrency
Digital
Southern
NOT
Crypto Lender Celsius Not Seeking Payments For Outstanding Loans
Celsius filed for bankruptcy in July.
04.10 / 08:39
04.10 / 06:05
Government
Blockchain
Stablecoin
Tether
Tether commercial paper exposure now under $50M, says CTO
Stablecoin issuer Tether (USDT) has nearly completely slashed its commercial paper holdings, with less than $50 million worth of commercial paper units as of Sept. 30, 2022.
04.10 / 02:45
Law
SEC
Influencer
The SEC is bullying Kim Kardashian, and it could chill the influencer economy
The Securities and Exchange Commission announced on Oct. 3 that Kim Kardashian settled an allegation that she promoted “a crypto asset security offered and sold by EthereumMax without disclosing the payment [of $250,000] she received for the promotion.” While she cooperated and closed the case with $1.26 million in penalties, the charge highlights the liability that “influencers” increasingly face as a result of an activist SEC that has failed to establish regulatory clarity.
03.10 / 23:11
COST
Remark
Top Fed Official Warns of More Persistent Price Pressures
Despite some signs of easing inflation, underlying price pressures have too much momentum and will likely require a period of higher interest rates, a top Federal Reserve official said Monday.
03.10 / 20:03
business
SEC
Bitcoin
Time
NYDIG raises $720M as Bitcoin balance hits all-time high
The bear market has not deterred one of the biggest Bitcoin (BTC) bulls. The balances of the New York Digital Investment Group, or NYDIG, hit record highs in Q3 of this year. Plus, a United States Securities and Exchange (SEC) filing could reveal the group’s intent to add more Bitcoin to its balance sheet.
03.10 / 18:15
UPS
Fighting
Financial
U.K.’s Central Banker Struggles With Inflation, a Financial Crisis and His Own Government
LONDON—In late August, Bank of England Gov. Andrew Bailey was at a symposium in Jackson Hole, Wyo., when a New York University economist flagged a problem. In a world where central banks are quickly raising interest rates to calm inflation, they might face an unexpected crunch in financial markets and need to flood them with liquidity to prevent a market meltdown.
03.10 / 13:07
Reuters
Digital
Extreme
Southern
network
NOT
Celsius Network Conditionally Not to Enforce Debtors to Pay for Outstanding Loans
Beleaguered digital currency lender Celsius Network has revealed that it was not planning to ask its debtors to pay their outstanding loans during its Chapter 11 bankruptcy proceedings.
03.10 / 05:43
business
regulation
Bankruptcy
Withdrawals
DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins
The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin holdings.
02.10 / 23:39
cryptocurrency
Digital
Southern
NOT
Crypto Lender Celsius Not Seeking Payments For Outstanding Loans
Celsius filed for bankruptcy in July.
01.10 / 08:29
cryptocurrency
Digital
Southern
NOT
Crypto lender Celsius not seeking payments for outstanding loans
Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do not need to repay such loans.
01.10 / 08:29
business
cryptocurrency
Bitcoin
Cryptocurrency Prices Today October 01: Bitcoin marginally up, Dogecoin lags behind
Cryptocurrencies traded in the red early today on October 01. The global crypto market cap is $942.24 billion, a 0.01 percent decrease over the last day. The total crypto market volume over the last 24 hours is $79.05 billion, which makes a 13.18 percent increase.
30.09 / 20:11
Blockchain
Digital
ETF
BlackRock
BlackRock Launches Metaverse ETF Increasing Crypto Exposure
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
30.09 / 17:13
Target
Fighting
Remark
vice chair
Fed Vice Chair Brainard warns against retreating from inflation fight prematurely
Federal Reserve Vice Chair Lael Brainard on Friday stressed the need to tackle inflation and the importance of not shrinking from the task until it is finished.
30.09 / 17:03
financial stability
Financial
Fed’s Lael Brainard Warns on Inflation, Financial Stability Risks
A senior Federal Reserve official warned of the risks that additional inflationary shocks could lead the central bank to raise interest rates to higher levels.
30.09 / 15:43
Extreme
CEO
Southern
Celsius: Multiple state regulators move to stop stablecoin sale, details inside
Court filings made by the states of Texas and Vermont have become the latest developments in the Celsius bankruptcy saga.
30.09 / 15:29
Media
Mainstream
Bitcoin
Mainstream media sentiment shifts in favor of Bitcoin amid fiat currency woes
Despite USD bringing an onslaught to stocks, commodities and its rival currencies, BTC holds steady at the $19,000 to $20,000 mark, leaving mainstream media no choice but to put BTC into the headlines.
30.09 / 06:39
business
Stablecoin
Texas, Vermont regulators object to Celsius stablecoin sale plan
State regulators from Texas and Vermont have filed a motion objecting to embattled crypto lender Celsius’ plans to sell off its stablecoin holdings.
29.09 / 19:23
IPO
regulation
SEC
crimes
SEC alleges fintech and 'market maker' firms manipulated crypto market in token scheme
The United States Securities and Exchange Commission, or SEC, has announced charges against Hydrogen Technology Corporation and its market marker Moonwalkers Trading Limited related to allegedly perpetrating a scheme to manipulate the trading volume and price of Hydro tokens.
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