United States Financial News

06.07 / 01:03

business Mining Bitcoin Holdings bitcoin holdings Core Scientific sold $167M worth of Bitcoin holdings in June

United States-based cryptocurrency mining firm Core Scientific sold more than 7,000 Bitcoin in June to pay for servers, increase its data capacity, and settle debts.

04.07 / 22:43

Advertising News At least six dead in shooting amidst 4 July parade in Chicago suburb, gunman still at large

At least six people are dead and 24 were taken to hospitals after a shooting at a July Fourth parade in the Chicago suburb of Highland Park, and officers are searching for a suspect, police said Monday.

02.07 / 00:11

business Loans Withdrawals Voyager Digital freezes trading, deposits, withdrawals and rewards, blames 3AC default

Cryptocurrency exchange Voyager Digital announced Friday that it was temporarily suspending trading, deposits, withdrawals and loyalty rewards. “The failure of a borrower, Three Arrows Capital, to repay a substantial loan from us makes this the right path forward,” Voyager Digital CEO Stephen Ehrlich said on Twitter soon after the service suspension went into effect.

01.07 / 22:59

Environment abortion rights Malta to review abortion policy after Prudente case causes outrage

Malta's government announced Thursday a review of its abortion ban, following controversy about a US woman who was refused an abortion, even though the baby had miscarried and threatened her life.

01.07 / 11:21

ETF SEC Bitcoin spot bitcoin NOT Not giving up: VanEck refiles with SEC for spot Bitcoin ETF

VanEck, one of the first firms in the world to ever file for a Bitcoin (BTC) exchange-traded fund (ETF), is not giving up on its plans to launch a spot Bitcoin ETF in the United States.

01.07 / 00:29

Law Monero Extradition Former Monero maintainer Riccardo 'Fluffypony' Spagni to surrender for South Africa extradition

Riccardo Spagni, the former maintainer of the privacy coin Monero also known as Fluffypony, faces extradition to South Africa months after his arrest by U.S. authorities.

01.07 / 00:09

regulation Congress Women lawmakers US lawmakers US lawmakers say crypto industry has a 'tech bro' problem hurting innovation

According to some United States lawmakers in the House Financial Services Committee, the lack of diversity in the financial technology space could be hurting many companies’ bottom lines.

01.07 / 00:01

business Government coinbase Customer Coinbase providing customer geolocation data to ICE: Report

A new report has indicated that crypto exchange Coinbase has provided Immigrations and Customs Enforcement (ICE) agents with a “suite of features” intended for tracking the company’s customers. According to the report, ICE has been granted access to an intelligence-gathering application, called Coinbase Tracer, that provides a variety of forensic data tracking capabilities.

30.06 / 21:33

Law CFTC Bitcoin National fraud case CFTC brings $1.7B fraud case involving Bitcoin against South African national

The United States Commodity Futures Trading Commission, or CFTC, has taken enforcement action against a South African national in what the regulatory body called its “largest fraudulent scheme involving Bitcoin.”

30.06 / 16:25

ETF SEC Bitcoin Grayscale legal challenge to SEC sparks response from the community

As Grayscale’s application to convert the Grayscale Bitcoin Trust (GBTC) into a Bitcoin (BTC) exchange-traded fund (ETF) got denied, the firm launched a legal challenge against the United States Securities and Exchanges Commission (SEC). Following these events, the community responded with various reactions, from accusing the SEC of price manipulation to suggesting different solutions.

30.06 / 00:05

Government IRS Taxes Broker US govt delays enforcement of crypto broker reporting requirements: Report

The provision in the U.S. infrastructure bill signed into law in November, which will require financial institutions and crypto brokers to report additional information, could reportedly be delayed.

29.06 / 06:07

regulation lending fines services Surprise twist as BlockFi receives Money Services License in Iowa

Just two weeks after being fined by Iowa’s regulators for offering and selling unregistered securities, crypto lending platform BlockFi announced on June 28 thait has received a Money Services License in the state.

29.06 / 00:21

CFTC awards That's 'Sir' Crypto Dad: French order knights former CFTC chair Chris Giancarlo

The French government has given former United States Commodity Futures Trading Commission chair Chris Giancarlo, also known as "Crypto Dad," the equivalent of a knighthood.

28.06 / 17:03

Blockchain Adoption kpmg Training KPMG enters the metaverse, invests $30M in Web3 employee training

KPMG, one of the Big Four accounting firms in Canada and the United States, has revealed the opening of its first metaverse collaboration hub to help its employees and clients pursue growth opportunities in the digital era.

28.06 / 14:43

Adoption Survey Bitcoin Crypto more popular among millennials than mutual funds, survey shows

A report published by investing firm Alto surveyed adults based in the United States to find out their preferences in investing. The results showed that more millennials from ages 25 to 40 are investing in crypto compared to those of the same age who are investing in mutual funds.

28.06 / 11:49

business regulation Court Celsius denies allegations on Alex Mashinsky trying to flee US

Troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who currently stays in the United States, the company has claimed.

26.06 / 13:23

World festival week Wildfires in Europe, Afghanistan earthquake and the Oslo mass shooting | This week in pictures

This week huge wildfires ravaged swathes of Spain, Cyprus and Turkey amid searing heat across Europe.

24.06 / 20:57

markets Ethereum Interest rates Ethereum price breaks out as 'bad news is good news' for stocks

Ethereum's native token, Ether (ETH), gained alongside riskier assets as investors assessed weak U.S. economic data and its potential to cool down rate hike fears.

24.06 / 17:03

cryptocurrency Money Hacking Defi Security Crypto firm Harmony hit by $100 million heist raising more questions over DeFi security

Thieves stole around $100 million (€95 million) worth of cryptocurrency from Horizon, a blockchain bridge developed by US crypto start-up Harmony, the latest in a string of cyber heists on a sector long targeted by hackers, the company said on Friday.

24.06 / 16:19

Stablecoin Bitcoin Threat NOT CBDC may threat stablecoins, not Bitcoin: ARK36 exec

Central bank digital currencies (CBDC) do not pose any direct threat to cryptocurrencies like Bitcoin (BTC) but are still associated with risks in relation to stablecoins, one industry executive believes.

24.06 / 00:39

Ripple XRP SEC Ripple CEO criticizes SEC for 'contradictions' on crypto regulations

Brad Garlinghouse, the chief executive officer of Ripple Labs, has claimed the United States Securities and Exchange Commission, or SEC, has inconsistently imposed regulations on crypto firms in the country.

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