New York Financial News
24.02 / 12:21
Bitcoin
play
Russia’s Invasion of Ukraine: Bitcoin Set to Play a Role on Both Sides
Bitcoin (BTC) and crypto are likely to play a role in both sides of the conflict after Russia launched a full-scale invasion of Ukraine.
24.02 / 06:49
Blockchain
censorship
BNY
BNY Mellon partners with Chainalysis to track users' crypto transactions
The Bank of New York (BNY) Mellon has announced a partnership with blockchain-data platform Chainalysis to help track and analyze cryptocurrency products. BNY Mellon is the world’s largest custodian bank, currently overseeing $46.7 trillion in assets.
23.02 / 21:49
UPS
Williams
Reserve
The market has adjusted its views of how the Federal Reserve will raise interest rates
The Federal Reserve is expected to start raising interest rates next month and not slow down until well into 2023, though the slope of the increases might be a bit gentler.
23.02 / 18:51
NFT
LTD.INC partners with Wrangler to launch NFTs
NFT marketplace LTD.INC has roped in denim brand Wrangler to launch NFTs. The partnership also includes Grammy award winner Leon Bridges. The campaign is named 'Mr Wrangler'. Wrangler will launch 75 NFTs, crafted around a rare denim suit made exclusively for the singer-songwriter, according to a media release.
23.02 / 14:29
Blockchain
Digital
NYSE
ICE
stake
NYSE Owner Purchases Stake in tZERO
New York Stock Exchange’s (NYSE) parent company Intercontinental Exchange Inc (ICE), announced the purchase of a stake in tokenized securities venue tZERO.
23.02 / 07:05
business
Adoption
NYSE
security
Security Token
stake
NY stock exchange owner ICE buys stake in tZero security token platform
The Intercontinental Exchange (ICE) has announced a strategic investment in private digital securities marketplace and crypto asset liquidity platform tZero.
23.02 / 05:55
business
Stablecoin
Tether
Report
reserves
Tether slashes commercial paper by 21% in latest reserves attestation
USDT stablecoin issuer Tether cut its reserves allocation to commercial paper by more than one fifth between September and December last year, dropping from around $30.5 billion to $24.16 billion.
22.02 / 20:25
Ethereum
Bitcoin
Bitcoin, Crypto, and Stocks Fluctuate as West Prepares Sanctions Against Russia's Aggression
Bitcoin (BTC) and other major cryptoassets still follow the stock market as investors are now assessing Russia's aggression towards Ukraine and the impact of Western sanctions on Russia.
22.02 / 16:39
Racing
Pool
64% of unemployed men in their 30s have criminal records, a barrier to landing a job
More than half of unemployed men in their 30s have criminal records — a dynamic with implications for hiring practices and ongoing challenges finding workers during the pandemic-era labor crunch, according to research published by economists at RAND Corp.
21.02 / 08:45
Bitcoin price today
Bitcoin
Bitcoin Price
week
Crypto week at a glance: Bitcoin drops below $40,000 as crypto dominates Super Bowl
By Analytics Team, Giottus Crypto ExchangeBitcoin (BTC) dropped 6% last week as the standoff between Russia and Ukraine continues to spook investors globally. BTC briefly traded above $44,500 mid-week before escalating geo-political tensions affected financial markets. BTC is now trading just below the psychological level of $40,000 with the overall crypto market cap at $1.81 trillion. Ethereum (ETH) continues to be affected by BTC’s price movements and has shed nearly 7% this week to trade around $2,700 level. All the top 20 cryptocurrencies are in the red on a weekly timeframe except Avalanche (AVAX) with a 3% increase.
21.02 / 07:15
Blockchain
regulation
Banks
Credit Suisse
Leak
Credit Suisse data leak reveals decades of shady clients and activity
Leaked data shows that until recently, Swiss bank Credit Suisse held accounts valued at more than $100 billion for sanctioned individuals and heads of state reportedly accused of money laundering.
21.02 / 02:23
Government
Ethereum
Bitcoin
Future
Future of finance: US banks partner with crypto custodians
Grayscale Investments’ latestreport “Reimagining the Future of Finance” defines the digital economy as “the intersection of technology and finance that’s increasingly defined by digital spaces, experiences, and transactions.”
20.02 / 22:35
19.02 / 12:01
UPS
IPO
Platform
Remark
Some U.S.-listed Chinese stocks will need Beijing's approval to stay public in other overseas markets
BEIJING — If U.S. regulation forces Chinese companies to delist from New York, new rules from Beijing further complicates their path to raising money in public markets abroad.
19.02 / 02:31
Blockchain
defi
Fraud
Crowdfunding
Exec at Composable Finance allegedly doxed as convicted fraudster Omar Zaki
Late Friday afternoon, decentralized finance, or DeFi, investigator @zachxbt published a series of tweets accusing fraudster Omar Zaki of hiding behind the facade of 0xbrainjar, the anonymous head of product at Composable Finance.
19.02 / 00:25
CBDC
regulation
Federal Reserve
Winter Olympics
Fed's Lael Brainard hints at US playing a lead role in development of CBDCs
Lael Brainard, a member of the Federal Reserve’s board of governors, encouraged the United States to be a leader in research and policy regarding central bank digital currencies, or CBDCs, due to potential international developments.
18.02 / 23:25
business
Funding
Metaverse
Crypto Biz: JPMorgan enters the Metaverse, Marshall Islands legalizes DAOs, Feb. 10–16
Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit a hyper-inflection point” in terms of adoption. This week, JPMorgan Chase issued its own bullish outlook when it labeled the etaverse a $1 trillion a year opportunity.
18.02 / 23:03
Digital Currency
FBI
FBI to form digital currency unit, Justice Dept taps new crypto czar
FBI is launching a unit for blockchain analysis and virtual asset seizure. The creation of the FBI's «virtual asset exploitation» unit comes after the Justice Department's largest-ever financial seizure earlier this month. It charged a married New York couple with allegedly laundering bitcoins now valued at over $4.5 billion that were stolen in the 2016 hack of the digital currency exchange Bitfinex. U.S. regulators under President Joe Biden have been ratcheting up their scrutiny of the crypto industry in the wake of a series of high-profile cyberattacks last year on the largest U.S. fuel pipeline network and the world's largest beef supplier. Ransomware groups often demand their fees in bitcoin.
18.02 / 19:51
Government
Adoption
Bitcoin
Bitcoin at the barricades: Ottawa, Ukraine and beyond
Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000.
18.02 / 19:21
Fed Official Says Monetary Policy Needs ‘Substantial Adjustment’
The Federal Reserve needs to raise interest rates to address an interval of higher-than-expected inflation, but the central bank could be able to avoid a turn to more restrictive policy as long as price pressures moderate this year, a top official said Friday.
18.02 / 17:39
Blockchain
Digital
Bitfinex
Bitcoin
FBI to Launch Crypto Crimefighting Unit
The Department of Justice (DOJ) announced on Thursday, Feb. 17, that the Federal Bureau of Investigation (FBI) is forming a new specialized team dedicated to tackling growing cryptocurrency crimes.
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