State Texas Financial News

17.12 / 22:43

regulation SEC FTX Congress SEC was “asleep at the wheel” about FTX - US Rep. Sessions

The Securities and Exchange Commission (SEC) was "asleep at the wheel" regarding how FTX Group and its subsidiaries met financial and corporate control requirements, Representative Pete Sessions said in the Saturday Report on December 17.

16.12 / 10:03

Action Strategy BlackRock BlackRock, State Street grilled by Texas as ESG row escalates

Two of the US’s biggest asset management companies appeared in Texas on 15 December to defend their ESG investing and actions on climate change, in particular as it relates to the oil and gas industry.

14.12 / 22:37

Digital businesses Pandemic Loans Are Coming Due but Some Businesses Aren’t Ready to Repay

Many small businesses that received federal pandemic aid are now on the hook for repayments, and some say the timing couldn’t be worse.

14.12 / 15:13

business Twitter SEC stocks SEC sues Atlas Trading for $100M stock manipulation scheme

The United States Securities Exchange Commission (SEC) filed a claim against eight individuals associated with Atlas Trading, a Discord-based forum. The forum’s co-founders, affiliated podcasters and Youtubers are being alleged of stock manipulation.

13.12 / 15:45

Man boost pension Citadel, Man bets boost $184bn Texas Teachers’ pension fund

Stocks and bonds have been pummeled this year. But bets on hedge funds have paid off for the giant Teacher Retirement System of Texas.

10.12 / 14:19

ATM Bitcoin Florida best-prepared US state for widespread crypto adoption: Research

It’s not just pro-crypto regulations but also a supporting infrastructure that allows sustainable crypto adoption in any jurisdiction. Weighing in factors such as the number of Bitcoin (BTC) ATMs, blockchain companies and public interest in cryptocurrencies, Florida comes out as the most crypto-ready state in the United States.

10.12 / 08:53

Time Janet Yellen’s Signature on U.S. Currency Marks First Time Bills Autographed by Two Women

Nearly two years after she became the first woman to serve as Treasury Secretary, Janet Yellen will soon see her signature on U.S. currency.

09.12 / 17:07

Time Janet Yellen’s Signature on U.S. Currency Marks First Time Bills Autographed by Two Women

Nearly two years after she became the first woman to serve as Treasury Secretary, Janet Yellen will soon see her signature on U.S. currency.

07.12 / 22:13

business FTX Deal fall Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report

Pop star Taylor Swift reportedly could have been one of the faces of failed crypto exchange FTX had talks over a $100-million deal not ended prematurely.

07.12 / 01:13

Law regulation crimes FTX Fried Sam Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report

Former FTX chief executive officer Sam Bankman-Fried has reportedly hired Mark Cohen, a former federal prosecutor, to act as his defense attorney.

06.12 / 13:29

regulation Fried Sam hearing Texas enforcers want Sam Bankman-Fried to attend the hearing in February: Law Decoded

Welcome to Law Decoded, your weekly digest of all the major developments in the field of regulation.

06.12 / 07:11

business SEC advertisement US consumer watchdog probes crypto firms over deceptive ads

Several crypto firms are facing a probe from the United States Federal Trade Commission (FTC) over possible deceptive or misleading advertisements relating to cryptocurrencies.

05.12 / 19:42

BTC/USD Bitcoin Price Prediction Bitcoin Bitcoin Price Prediction as BTC Jumps Above $17,000 – How Much Higher Can it Go?

On Monday, Bitcoin price prediction is bullish because BTC has already broken through a major resistance level of $17,200, and closing candles above this level keeps BTC bullish.

04.12 / 19:55

business Adoption Bitcoin Bullish on Bitcoin, US Senator Ted Cruz wants Texas to be a crypto oasis

United States Senator Ted Cruz wants to make the American state of Texas an oasis for Bitcoin (BTC) and cryptocurrencies. Speaking at the Texas Blockchain Summit 2022 in late November, the politician empathized how the crypto industry can be strategic for the U.S. energy supply and technological development.

04.12 / 00:41

business Mining FTX Alameda Research invested $1.15B in crypto miner Genesis Digital: Report

Crypto mining company Genesis Digital Assets was the biggest venture investment made by Alameda Research, FTX's sister company and in the center of the exchange's bankruptcy. Documents disclosed by Bloomberg on Dec. 3 show that Genesis Digital raised $1.15 billion from Alameda in less than nine months.

01.12 / 03:41

Digital CEO Platform Software Utherverse Partners with Tokensoft to Launch IDO for Native Metaverse Token

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

30.11 / 15:01

FTX Texas Democrat Beto O’Rourke Returned $1,000,000 Donation From FTX Founder Before Collapse – Here’s Why

American politician Beto O’Rourke reportedly returned a $1 million donation from the now-infamous founder of the failed FTX exchange Sam Bankman-Fried on November 4, four days before the US elections and a week before the exchange collapsed.

30.11 / 09:23

business Court Fried hearing Bankman-Fried on the hook in Texas, called to appear at Feb. hearing

Former FTX CEO Sam Bankman-Fried has been called to a Feb. 2 hearing by the Texan securities regulator as part of an investigation into whether he and FTX US have violated Texas securities laws.

29.11 / 02:21

business Insurance Bitcoin Regulation GK8 increases insurance cap on digital assets to $1B

Digital asset custody platform GK8 has partnered with USI Insurance Services to expand its insurance policy for institutional customers — a move the company said would incentivize banks and other financial institutions to start investing in cryptocurrency.

28.11 / 00:23

business Technology defi Telegram TON Telegram integration highlights synergy of blockchain community

As a result of a recent upgrade to the wallet bot, users of the Telegram app are now able to purchase and sell cryptocurrencies without leaving the application. The wallet bot was developed by The Open Network (TON, formerly Telegram Open Network) in April. The bot initially enabled users to buy, sell and trade Toncoin (TON) within the Telegram app, but a new update has added a fully functioning cryptocurrency wallet to the application.

27.11 / 10:19

Adoption Mining Lightning Network Bitcoin Bitcoin mining revenue lowest in two years, hash rate on the decline

The revenue earned by Bitcoin (BTC) miners fell to two-year lows owing to poor market performance and a heavier computational demand amid rising network difficulty. However, an ongoing downturn in the Bitcoin hash rate over the past month has allowed miners to recoup losses.

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