New York Financial News
04.08 / 16:55
SEC
coinbase
Legal
NOT
Former Coinbase Manager Pleads Not Guilty To Wire Fraud Charges
In what is described as the first insider trading case related to crypto in the US, a former product manager at major exchange Coinbaseand his brother have pleaded not guilty to wire fraud charges.
04.08 / 16:33
Twitter
Binance
Tesla
Tesla Motors
Twitter chases Citadel’s founder, Binance in a race of subpoenas
As the failed acquisition of social platform Twitter by one of the world's richest men, Elon Musk, turned into a protracted court conflict, both sides are filing subpoenas to gather information ahead of the first hearing.
03.08 / 17:23
business
Adoption
Investments
Bitcoin
Headlines
Beyond the headlines: The real adoption of Bitcoin salaries
Are cryptocurrency wages an idea whose time has come? Maybe not. It’s one thing, after all, to dabble in Bitcoin (BTC) with one’s excess cash and quite another to take a significant portion of one’s salary in BTC.
03.08 / 05:01
business
Robinhood
'This is on me' — Robinhood CEO to lay off 23% of staff after Q2 loss
Online brokerage Robinhood will lay off nearly a quarter of its employees, citing a continued deterioration of the macro environment and a broad crypto market crash.
03.08 / 04:21
Fighting
Fed's James Bullard expresses confidence that the economy can achieve a 'soft landing'
St. Louis Federal Reserve President James Bullard said Tuesday that he still thinks the economy can avoid a recession, even though he expects the central bank will need to keep hiking rates to control inflation.
02.08 / 23:07
business
Mining
Crypto miner Digihost plans to move rigs from New York to Alabama
Digihost, a United States-based cryptocurrency mining company, has announced plans to move part of its fleet from New York to Alabama in an effort to lower energy costs.
02.08 / 21:17
business
Investments
exits
Hedge fund billionaire Steve Cohen exits crypto startup Radkl amid bear market: Report
Steve Cohen, the founder of hedge fund Point72 Asset Management, has reportedly exited his investment in crypto trading firm Radkl.
02.08 / 18:29
Action
Discover
compliance
Robinhood Crypto hammered by New York watchdog over litany of compliance failures
Despite self-reporting compliance with the rules, an NYDFS investigation uncovered a litany of failures at the brokerage, as it struggled to keep pace with customer demand for crypto services. Among other things, the regulator found that RHC’s BSA/AML program was inadequately staffed; failed to timely transition from a manual transaction monitoring system that was inadequate for RHC’s size, customer profiles, and transaction volumes; and did not devote sufficient resources to address risks specific to the business.
02.08 / 18:25
Ethereum
Citi
Digital
CEO
Spend Two Days With The Top Minds In Money
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
02.08 / 17:43
Robinhood
regulation
AML
Financial
New York financial regulator fines Robinhood's crypto division $30M
The New York Department of Financial Services, or NYDFS, has announced a $30 million penalty on Robinhood’s cryptocurrency arm for alleged violations related to anti-money laundering, cybersecurity and consumer protection laws.
02.08 / 17:05
02.08 / 13:17
02.08 / 12:01
regulation
scam
NY Attorney General’s Office Asks Crypto Whistleblowers to Provide It with Tip-offs
In the US, New York’s Attorney General says she wants Big Apple-based crypto industry workers and investors to come forward with complaints about unscrupulous crypto firms.
02.08 / 09:49
Climate change
Research
9/11 plotter and al-Qaeda leader killed in US drone strike
Ayman al-Zawahiri, who headed al-Qaeda and helped plot the 9/11 terrorist attacks, has been killed in a drone strike in Afghanistan, United States (US) President Joe Biden confirmed Monday.
01.08 / 23:39
Binance
SEC
coinbase
Kraken
Coinbase, Binance and Kraken under scrutiny: Law Decoded, July 25-August 1
Despite some good signs of the crypto prices recovery, last week could hardly be called bright for the market, as the major news came from the enforcers and not the regulators. According to a report from the New York Times, the United States Treasury Department’s Office of Foreign Assets Control (OFAC) has been investigating crypto exchange Kraken for allegedly allowing users based in Iran and other countries to buy and sell crypto in a potential violation of U.S. sanctions.
01.08 / 19:49
Digital
ETF
SEC
CEO
Charles Schwab Files Prospectus for Crypto-Themed ETF on NYSE
Multinational financial services company Charles Schwab is set to launch its first crypto-themed ETF on the New York Stock Exchange (NYSE). The ETF expects to be launched in the coming week, according to a prospectus filed with the United States Securities and Exchange (SEC) Commission on July 29.
01.08 / 19:15
Law
regulation
New York AG calls for whistleblowers 'deceived or affected' by the crypto market crash
New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility to file a complaint as a whistleblower.
01.08 / 19:15
business
Blockchain
Technology
Blockchain cloud infrastructure company W3BCloud to go public via $1.25B SPAC
On Monday, W3BCloud, a firm building global data centers for the Web3 and blockchain sectors, announced that it was going public via a takeover by special purpose acquisition vehicle (SPAC) Social Leverage Acquisition Corp I.
01.08 / 15:49
Action
Software
Boeing
Stocks making the biggest moves in the premarket: Boeing, Nio, Check Point Software and more
Take a look at some of the biggest movers in the premarket:
01.08 / 07:57
cryptocurrency
Digital
Bitcoin
Risky Bet: Crypto Newbies Have Family And Friends To Thank For Losses
Crypto is no stranger to busts, having suffered four major drawdowns since late 2017.
01.08 / 05:57
IPO
Manufacturing
Chinese companies flock to Switzerland to raise money with new stock listings
BEIJING — Chinese companies looking to raise cash overseas have turned to Switzerland — and gotten speedy regulatory approval to do so.
what's happening in New York
What is the current situation in New York?
In New York, the spotlight is on local government initiatives that impact the interests of residents.
Where can I find reliable news about New York?
We publish reliable reports about the situation in New York, based on information from trusted sources.
What shapes the media agenda in New York?
The news landscape of New York is shaped by key decisions by local authorities, reflecting its specific characteristics.
