United States Financial News
07.11 / 19:51
regulation
coinbase
security
Coinbase beefs up its global advisory council with 4 national security experts
Coinbase has expanded its Global Advisory Council with four national security experts, it announced on Nov. 7. The new members will help the cryptocurrency exchange assess the impact of regulatory uncertainty in the United States.
07.11 / 15:11
regulation
Bitcoin
Caitlin Long’s Custodia Bank launches Bitcoin custody platform
Custodia Bank, a cryptocurrency-friendly bank founded by Bitcoin (BTC) advocate Caitlin Long, has launched its Bitcoin custody platform.
07.11 / 13:15
Law
Adoption
regulation
FTX
exchanges
Court
Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX
Lawyers handling the FTX bankruptcy case are considering offers that could eventually lead to a relaunch of the troubled exchange.
07.11 / 13:15
regulation
us government
Open Source
OpenAI
open
Biden AI executive order 'certainly challenging' for open-source AI — industry insiders
Last week the administration of United States President Joe Biden issued a lengthy executive order intended to protect citizens, government agencies and companies through ensuring AI safety standards.
07.11 / 06:43
business
Adoption
NFT
Opensea
Nifty News: The Simpsons roast NFTs, Yuga Labs exec departs after anti-semitic tweets and more
Animated television series The Simpsons spent an entire segment mocking nonfungible tokens (NFTs) during the latest 34th annual Treehouse of Horror Halloween special, in a segment called “Wild Barts Can’t Be Token.”
07.11 / 02:27
business
Law
regulation
SEC
US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1
A United States lawmaker wants to strip the Securities and Exchange Commission chair Gary Gensler of his salary by paying him just $1 per year.
06.11 / 22:23
CBDC
Adoption
regulation
FTX
sentencing
2024
Jury finds SBF guilty on all charges, sentencing set for March 2024: Law Decoded
Former FTX CEO Sam “SBF” Bankman-Fried’s public trial in a New York court ended with the jury finding him guilty on all seven charges on Nov. 3, including two counts of wire fraud, two counts of wire fraud conspiracy, one count of securities fraud, one count of commodities fraud conspiracy and one count of money laundering conspiracy. He will return to court for sentencing by Judge Lewis Kaplan on March 28, 2024. Government prosecutors will recommend a sentence, but Kaplan will have the final say.
06.11 / 12:23
Government
ETF
regulation
Bitcoin
HK
NOT
China ‘does not want to miss out’: Community reacts to HK spot Bitcoin ETF news
The cryptocurrency community is excited about the Hong Kong government reportedly weighing the launch of a spot cryptocurrency exchange-traded fund (ETF) amid the ongoing regulatory pushback against such products in the United States.
03.11 / 20:15
business
FTX
FBI
advisers
FTX advisers sharing customers’ data with FBI: Report
Advisers for bankrupt crypto exchange FTX have been disclosing data from customers’ transactions and accounts with the Federal Bureau of Investigation (FBI), according to court documents seen by Bloomberg.
03.11 / 19:33
business
Bitmain
English school turned BTC miner in China expands capacity with 220 new units
China-based BTC Digital announced the purchase of 220 new Bitcoin (BTC) mining units on Nov. 3, bringing its total number of machines to 2,174, with over 230PH/s of computing power. The new acquisitions are expected to become operational by the end of the month.
03.11 / 19:33
business
Opinion
FTX
Could regulation have prevented Sam Bankman-Fried’s criminal verdict?
Former FTX CEO Sam Bankman-Fried was found guilty of all seven counts of fraud and conspiracy to commit fraud in the late hours of Nov. 2. The jury delivered its verdict in less than 10 minutes after nearly four hours of deliberation, leaving his parents to fall silent in the crowded courtroom at the Southern District Court of New York.
03.11 / 14:41
us government
UK government
UK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in future
The United Kingdom’s global summit on artificial intelligence (AI) safety, the AI Safety Summit, concluded on Nov. 2 with a one-on-one chat between U.K. Prime Minister Rishi Sunak and billionaire Elon Musk.
03.11 / 10:11
Adoption
Fraud
crypto experts
5 nations challenge crypto experts and investigators to target tax crimes
The Joint Chiefs of Global Tax Enforcement (J5), a global anti-tax fraud group, hosted investigators, cryptocurrency experts and data scientists in “The Cyber Challenge” event to track down individuals and organizations committing tax fraud.
03.11 / 07:39
regulation
Altcoin
SEC
Court
Terraform Labs
Terra
SEC seeks summary judgment in Do Kwon and Terraform Labs case
The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has demanded a summary judgment on all the claims.
02.11 / 22:17
business
Marathon
Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project
Marathon Digital has begun mining Bitcoin (BTC) using power generated from methane gas siphoned off a landfill. The 280-kW off-grid pilot project is operating in Utah.
02.11 / 21:13
Government
regulation
us government
policies
NIST establishes AI Safety Institute Consortium in response to Biden executive order
The United States National Institute of Standards and Technology (NIST) and the Department of Commerce are soliciting members for the newly-established Artificial Intelligence (AI) Safety Institute Consortium.
02.11 / 14:07
Ethereum
ETF
regulation
ProShares announces launch of short Ether-linked ETF
ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2.
02.11 / 14:07
Artists
Over half of musicians concerned over audience perception of AI use: Survey
As artificial intelligence (AI) continues to be pervasive in global industries, the music industry has been receptive to its transformative capabilities while remaining cautious about the risks to artists.
02.11 / 06:05
business
Adoption
ETF
Investments
Bitcoin
spot ETF
Spot ETF-induced Bitcoin rally isn’t guaranteed to stick: Analysts
While the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) will likely spike the price of Bitcoin, some analysts are concerned it won’t be enough to fully thaw the markets from its winter chill.
01.11 / 20:54
business
FTX
stake
Sam Bankman-Fried “doubled down” by buying Binance’s stake in FTX — U.S. prosecutors
Federal prosecutors claimed Sam "SBF" Bankman-Fried “doubled down” on the use of customers’ funds when he purchased Binance’s $2 billion stake in FTX in 2021. According to U.S. government attorneys, Bankman-Fried paid for the buyout with funds from FTX customers.
01.11 / 15:29
business
FTX
"That's fraud," prosecutors say in closing arguments at SBF trial
Sam "SBF" Bankman-Fried’s trial has entered the final stages, with the prosecution delivering its closing arguments in the case on Nov. 1.
breaking news about United States
What is the current situation in United States?
In United States, the spotlight is on socially significant developments that affect the region’s daily life.
Where can I find reliable news about United States?
We publish reliable reports about the situation in United States, based on information from regional journalists.
What shapes the media agenda in United States?
The news landscape of United States is shaped by major cultural and social events, reflecting its specific characteristics.