State Connecticut Financial News

07.07 / 03:35

IPO Reuters JPMorgan valuation Catterton mulls IPO for Birkenstock at more than $6 bln valuation

LVMH, is considering strategic options for Birkenstock including an initial public offering, which could value the German sandal maker at more than $6 billion, Bloomberg News reported on Thursday. L Catterton is working with advisers that include Goldman Sachs and JPMorgan on a potential U.S.

04.07 / 13:27

UPS Aware Fireworks cause $59 million of property damage a year. Your insurance policy may cover it

Fireworks-related damage may be covered by your renters or homeowners insurance policy — but not always.

30.06 / 22:41

business NASDAQ stocks ATM Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3

Bitcoin Depot, one of the largest cryptocurrency ATM firms in the United States, has announced the closing of a merger deal allowing the company to go public.

16.06 / 03:07

business regulation us government Senate Machine Learning AI companies Senators US senators propose bill to eliminate section 230 protection for AI companies

U.S. Senators Josh Hawley, a republican from Missouri, and Richard Blumenthal, a democrat from Connecticut, introduced a senate bill on June 14 that would eliminate special protections afforded to online computer services providers under the Communications Decency Act of 1996.

07.06 / 13:39

Government Law Adoption us government ATM Bitcoin Economics of Bitcoin ATM market could hinder wider adoption

As the digital asset market continues to evolve, the use of cryptocurrency ATMs grows with it. Over the past decade, nearly 40,000 cryptocurrency ATMs have popped up worldwide.

02.06 / 08:25

Law regulation Digital Currency Group DCG asks judge to consolidate class-action suits to avoid conflicting decisions

Venture capital firm the Digital Currency Group (DCG) and its CEO Barry Silbert have requested to consolidate two class-action lawsuits over alleged losses during the crypto winter.

26.05 / 01:13

Bankruptcy genesis DCG DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News

TradeBlock, an institutional investor focused subsidiary of Barry Silbert’s crypto conglomerate Digital Currency Group, is closing down, according to Bloomberg News.

12.04 / 11:47

UBS Ex-UBS director Anees Attarwala joins Point72

Hedge fund Point72 has hired former UBS director Anees Attarwala to strengthen its quantitative analysis team.

31.01 / 21:21

Grayscale GBTC Grayscale Crypto Firm in Hot Water Again as New GBTC Lawsuit Filed by Osprey – Here's What You Need to Know

Grayscale, the digital asset management firm that is part of Barry Silbert’s crypto conglomerate Digital Currency Group (DCG), is in hot water after being sued by industry rival Osprey Funds over how it promotes the Grayscale Bitcoin Trust (GBTC) fund.

31.01 / 01:19

business ETF Grayscale Digital Currency Group GBTC ETF approval Osprey sues Grayscale for misrepresenting likelihood of GBTC ETF approval

Digital asset manager Osprey Funds filed suit against Grayscale Investments in Connecticut Superior Court on Jan. 30, alleging violation of the state’s Unfair Trade Practices Act. The suit concerns Grayscale advertising and promotion of the Bitcoin (BTC) exchange-traded fund (ETF) it is seeking to create.

24.01 / 14:37

Law regulation Court Digital Currency Group Bitcoin creditors Genesis creditors file securities lawsuit against Barry Silbert and DCG

Troubled cryptocurrency company Digital Currency Group (DCG) is facing more legal issues as its subsidiary Genesis Capital got slapped with a new class action lawsuit.

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.

06.10 / 08:45

business ETF stocks CNBC It’s happened: Someone’s filed for Cramer ETFs with the SEC

Connecticut-based advisory firm Tuttle Capital Management has submitted a preliminary prospectus filing with the U.S. Securities and Exchange Commission (SEC) for two new exchange traded funds (ETFs) centered around betting against the investment tips from Jim Cramer.

16.09 / 13:37

UPS Bitcoin Alex Jones Accused of Channelling Infowars Bitcoin Donations Into his Own Accounts

U.S. radio show host and conspiracy theorist Alex Jones has transferred donations made in bitcoin (BTC) and other cryptocurrencies to his flagship media outlet Infowars to his own pocket, according to a corporate representative for his business.

24.08 / 17:49

Blockchain Binance Asia Bitcoin Crypto licensing roundup: Learn about the most recent approvals in the industry

Cryptocurrency companies have been moving to improve compliance worldwide amid the bear market of 2022, with many platforms increasingly securing licenses and approvals.

24.08 / 06:27

Blockchain Adoption education Survey Schools 64% of US blockchain-versed parents want crypto taught in schools: Survey

Over two-thirds of U.S. parents and college graduates with an understanding or involvement in crypto believe that crypto should be taught in schools in order for students to “learn about the future of our economy,” a new study has found.

08.07 / 07:41

cryptocurrency Platform Bitcoin "Feels Like I Was Robbed": Voyager Bankruptcy Spooks Crypto Believers

Voyager Digital's collapse is rattling the crypto industry.

22.06 / 20:33

Government CBDC regulation lawmaker US lawmaker lays out case for a digital dollar

Connecticut House of Representatives member Jim Himes has released a proposal aiming to start a dialogue on the United States potentially launching a central bank digital currency, or CBDC.

17.06 / 15:23

Target Strategy Bayer Santander Dalio is right to short Europe, strategist says: 'The pain will go on for quite a while'

Billionaire investor Ray Dalio is right to have bet against European stocks, and global markets still have a rough road ahead, according to Beat Wittmann, partner at Zurich-based Porta Advisors.

14.06 / 17:41

Ethereum ETH cryptocurrency defi network Polygon Network Spritz Finance Bill Pay Beta Launches on Polygon Network

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

20.04 / 12:33

business Adoption Binance.US awarded money transmitter license in Puerto Rico

Puerto Rico becomes the fourth jurisdiction in America to grant a money transmitter license to Binance.US, the American arm of the crypto exchange Binance. Other states that issued operational licenses to Binance.US include Wyoming, Connecticut and West Virginia.

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