State New Jersey Financial News

27.06 / 14:29

Twitter CEO Platform Exodus Celsius CEO Stopped by Authorities from Leaving US: Report

Crypto lender platform Celsius Network CEO Alex Mashinsky was reportedly stopped by authorities from leaving the U.S., amid insolvency rumours about his company.

25.06 / 00:25

business lending Bankruptcy network advisers Celsius Network hires advisers ahead of potential bankruptcy: Report

Crypto lending platform Celsius Network has reportedly onboarded advisers from a management consulting firm in advance of the company possibly facing bankruptcy.

24.06 / 11:37

cryptocurrency crypto news Broker Crypto Broker Voyager Digital Lowers Daily Withdrawal Limits To $10,000

Crypto broker Voyager Digital lowers daily withdrawal limits to $10,000

23.06 / 14:39

Senators Senators Press Fed Chair Jerome Powell on Reforms for Regional Fed Banks

Federal Reserve Chairman Jerome Powell is facing pressure from both Senate Democrats and Republicans over how chiefs of the 12 regional Fed banks and their board members are selected.

22.06 / 14:39

cryptocurrency Celsius Crypto's latest meltdown leaves punters bruised and bewildered

crypto lender Celsius was an ideal place to stash his digital currency holdings — and earn some spending money from its double-digit interest rates along the way. «I was probably earning $100 a week,» at sites like Celsius, said Fong, a 29-year civil aerospace worker who lives in the central English city of Derby. «That covered my groceries.» Now, though, Fong's crypto — about a quarter of his portfolio — is stuck at Celsius.

21.06 / 13:01

cryptocurrency Digital Bitcoin Investors Bruised And Bewildered From Crypto Meltdown

Bitcoin fell below $20,000 on June 18 for the first time since December 2020.

21.06 / 11:13

SEC Bitcoin Law Decoded, June 13–20: Celsius exodus and liquidity crisis

Last week, the Celsius Network wrote its name in the alarming recent history of the crypto market failures alongside Terra. The American platform has unstaked $247 million worth of Wrapped Bitcoin (wBTC) from the Aave protocol and sent it to crypto exchange FTX while putting the withdrawal option for users on a stop.

17.06 / 12:47

regulation Aave Investment Celsius Reportedly Unlikely to Get Bailout Money from Investors

As the downturn triggered by Celsius Network (CEL) continues to impact crypto businesses worldwide, investors behind the business are unlikely to ensure more financing to bail out the troubled crypto lender, "people with knowledge of the situation" told Financial News.

17.06 / 09:05

cryptocurrency Reuters SEC freeze Investigations Investigations Begin On Crypto Lender Celsius' Accounts Freeze: Report

US State securities regulators investigating Celsius accounts freeze: Report

15.06 / 09:57

FIVE Fund-of-funds sector becomes more competitive after sluggish history

The inaugural HEC-Dow Jones Performance Ranking of Private Equity Fund-of-Funds 2021 has been dominated by US firms, which occupy all of the top five positions and eight of the top 10.

14.06 / 12:05

cryptocurrency World News Bitcoin Bitcoin stems heavy losses but pessimism reigns in crypto markets

Bitcoin steadied on Tuesday after initially falling to a new 18-month low as major crypto lender Celsius Network's freezing of withdrawals and the prospect of sharp U.S. interest rate rises shook the volatile asset class.

14.06 / 10:01

cryptocurrency CryptoExplainer crypto news Withdrawals Crypto Contagion Fears Spread After Celsius Freezes Withdrawals

Crypto contagion fears spread after Celsius Network freezes withdrawals

14.06 / 08:19

cryptocurrency CryptoExplainer No Respite For Crypto Plunge As Celsius Halt Leaves Investors 'Panicking'

Cryptocurrencies tumbled afresh on Tuesday to new 18-month lows

14.06 / 05:41

business cryptocurrency Ether Bitcoin crypto market cap Cryptocurrency Prices Today June 14: Bitcoin and Ether down nearly 18%, crypto market cap slips below $900 billion

Major cryptocurrencies traded in the red early on June 14 as the global crypto market cap declined 13.74 percent to $895.36 billion over the last day. On the other hand, the total crypto market volume jumped 60.75 percent to $149.45 billion over the last 24 hours.

13.06 / 15:25

business Technology cryptocurrency Bitcoin network Withdrawals Bitcoin slides after crypto lender Celsius Network freezes withdrawals

Bitcoin tumbled on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" conditions, in the latest sign of how financial market turbulence is causing distress in the cryptosphere.

13.06 / 06:59

business Adoption Charity Donations Pennsylvania pharmacist feeds thousands of homeless using crypto

Pennsylvania-based pharmacist Kenneth Kim had always “wanted to do something with crypto” that could “make the world a better place”.

18.05 / 17:49

business Blockchain Adoption Sport Exploiting sports fans through NFTs won’t lead to a W

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.

12.05 / 16:11

Amazon Apple Costco Goldman ‘deal guy’ behind Apple, GM cards leaves for fintech start-up iCreditWorks

A Goldman Sachs executive known for securing some of the industry's biggest credit-card deals in recent years has left to join early stage start-up iCreditWorks, CNBC has learned.

12.05 / 00:33

Law casino 5 state regulators allege organization is tied to Russia, scamming users using metaverse casino

Authorities in the U.S. states of Alabama, Kentucky, New Jersey, Texas and Wisconsin have filed enforcement actions against the Flamingo Casino Club for allegedly perpetrating a scam through nonfungible tokens (NFTs) tied to a metaverse casino.

03.05 / 13:21

Provident Digital Google Bitcoin Global Payments Partners with Bakkt, Offering Crypto and Loyalty Programmes

Bakkt Holdings, Inc – a fintech firm that provides crypto solutions – announced on Monday a strategic alliance with Global Payments Inc – a US firm that offers payment technology and services to merchants, issuers and consumers – to expand use cases of cryptocurrencies.

12.04 / 22:37

business lending Celsius announces only transfers from accredited US-based investors will be able to earn rewards

Crypto lending firm Celsius Network has announced it will be launching a custody solution for users based in the United States in response to discussions with local regulators.

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