State California Financial News

09.02 / 21:55

Law regulation crimes Messaging App restrictions Sam bail Judge extends Sam Bankman-Fried’s bail restrictions on messaging apps: Report

A federal judge has reportedly denied oral arguments proposing former FTX CEO Sam Bankman-Fried be allowed to use certain messaging apps.

09.02 / 13:39

COST Provident PayPal CEO BNPL provider Affirm cuts 19% of staff, ends crypto initiative

In a letter to workers regarding the layoffs, CEO Max Levchin stated that “Everything changed in mid-2022,” and further indicated that the Federal Reserve’s interest rate policy “dampened consumer spending and increased Affirm’s cost of borrowing dramatically. The root cause of where we are today is that I acted too slowly as these macroeconomic changes unfolded.”

09.02 / 10:01

business defi lending Bitcoin Price Crypto lender SALT makes comeback with $64.4 million funding

The crypto winter and FTX collapse has decimated the ranks of cryptocurrency lenders. Genesis, BlockFi, Voyageur Digital and Celsius Network all filed for bankruptcy in the past seven months, and the contagion may still not be over. But at least one crypto lender appears to be on the comeback trail.

09.02 / 02:41

Provident FIVE Career CEO Platform Discover Weekend Gala Music Takes Over Grammys Weekend To Discover Tomorrow’s Biggest Artists

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

07.02 / 14:23

COST UPS CEO Fried Sam bail Small Victory for Sam Bankman-Fried: Prosecutors Resolve Dispute Over Bail Conditions – Here's What Happened

After a tumultuous month for disgraced FTX boss Sam Bankman-Fried (SBF), finally prosecutors have given ground.

07.02 / 04:33

business regulation Fraud WhatsApp FTX Bankruptcy Lawyers Fried Sam Sam Bankman-Fried lawyers reach agreement on use of messaging apps

Sam Bankman-Fried’s (SBF's) lawyers have reached an agreement with federal prosecutors concerning his use of messaging apps.

03.02 / 20:51

Blockchain Provident Digital Cooper Platform Software Forbes The California DMV is set to digitize car titles and title transfers

The Department of Motor Vehicles (DMV) in the state of California is conducting experiments with the use of a private Tezos blockchain to facilitate the digitalization of vehicle titles and title transfers.

03.02 / 06:11

business regulation Department Of Justice FTX investigation Silvergate faces DOJ investigation over FTX and Alameda dealings: Report

Crypto bank Silvergate is reportedly being probed by the United States Department of Justice fraud unit over its involvement with the bankrupt FTX exchange and its affiliates.

01.02 / 21:35

Law regulation Social Media Metaverse Meta Meta gets court win in metaverse acquisition plans: Report

A federal judge in the United States has reportedly given approval for tech giant Meta to move forward on acquiring a virtual reality company.

01.02 / 19:17

cryptocurrency FTX Fried Sam Sam Bankman-Fried barred from contacting FTX employees, using Signal

A United States judge on Wednesday temporarily barred FTX founder Sam Bankman-Fried from contacting current or former employees of the cryptocurrency exchange or his Alameda Research hedge fund, and from using encrypted messaging tools including Signal.

31.01 / 01:19

Law regulation crimes FTX Justice Dept defends motion to bar SBF from accessing FTX, Alameda assets

United States prosecutors in the criminal case against former FTX chief executive officer Sam Bankman-Fried have released text and email messages from SBF to current CEO John Ray.

30.01 / 18:09

Citi Binance PwC FTX Samsung S Korean Ministry, Local Law Firm & Samsung Affiliate Included on FTX Creditor List

Several South Korean firms – and a major government organ – were named on the crypto exchange FTX’s long list of creditors.

28.01 / 15:27

Blockchain California DMV to Use Blockchain Technology for Record Keeping

The Department of Motor Vehicles in California plans to use blockchain technology for record keeping, including the issuance of car ownership and simplifying transfers of such ownership.

28.01 / 09:07

business Report stocks Banks banking Silvergate suspends dividends to preserve 'highly liquid balance sheet'

California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.”

28.01 / 05:03

Government Blockchain us government integration California DMV to digitize car title management system via Tezos

The California Department of Motor Vehicles (DMV) is testing out the digitization of car titles and title transfers via a private Tezos blockchain.

27.01 / 17:25

Blockchain UPS Provident Target Hackers Strategy Crypto users North Korean Hackers ‘Trying to Bait Crypto Users With Bogus Job Offers’

North Korean hackers are trying to break into crypto accounts by sending bogus job offers, a security provider has claimed.

26.01 / 21:11

Law regulation FTX Court Fried Sam FTX legal team calls for Sam Bankman-Fried's family to answer questions under oath: Report

Lawyers representing FTX in bankruptcy court have reportedly argued that former CEO Sam Bankman-Fried’s immediate family should face questioning regarding their personal wealth.

24.01 / 14:45

Stablecoin regulation Bitwise compliance Bitwise Chief Compliance Officer Predicts Stablecoin Legislation to Arrive This Year – Will This Be Beneficial for the Crypto Industry?

Katherine Dowling, General Counsel and Chief Compliance Officer at the crypto index fund provider Bitwise Asset Management, argued that US Congress would move to regulate stablecoins this year - as the first step towards the crypto industry regulation.

20.01 / 17:17

SEC lending Nexo settlement Crypto Firm Nexo Pays Out $45 Million in Settlement with SEC, Shutters Lending Product

Crypto lending company Nexo has agreed to pay a total of $45 million to US regulators to settle claims that it failed to register the sale of its Earn Interest Product (EIP).

20.01 / 09:45

business Blockchain Law us government Court Media Lawyers Daring drive-by at SBF’s: 3 men drove into barricade and fled: Lawyers

Three men reportedly drove their car into the metal barricade outside Sam Bankman-Fried’s parent’s home where he is currently under house arrest, SBF’s lawyers claim.

19.01 / 12:45

Blockchain Ethereum CEO coinbase Coinbase Lists KAVA, Advancing Ethereum–Cosmos Interoperability

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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