Places New York

Recently released court filings from the New York Attorney General’s Office (NYAG) showed that Bitfinex and Tether both operated in New York from 2017 to early 2019, despite claiming they had ceased all operations in the state. As such, the NYAG likely has jurisdiction over iFinex allowing proceedings to continue. Latest court filings accuse iFinex […]

As part of his winning $4.6 million bid for lunch with Warren Buffett, TRON CEO Justin Sun has the opportunity to invite up to seven guests to accompany him. His preliminary picks—Vitalik Buterin from Ethereum, Charlie Lee of Litecoin, and Changpeng Zhao (CZ) of Binance. After an agonizing week of teasers, Justin Sun revealed that […]

Grayscale, a New York-based asset management company, received approval from FINRA to list its Grayscale Ethereum Trust shares on OTC markets which will become the first publicly-quoted Ethereum-based securities. Ethereum Trust receives FINRA approval for public quotation Grayscale Investments, a New York-based digital asset management company, made history today for being the first company to […]

A new website, Got Satoshi, claims to know the true identity of Bitcoin creator Satoshi Nakamoto. The reveal is scheduled to happen today, on May 14, during the annual Consensus conference in New York. Probably created as a publicity stunt, the person behind the website got more than he bargained for when the wrath and […]

Bakkt, an institutional cryptocurrency trading platform led by the Intercontinental Exchange (ICE), expects their bitcoin futures to be listed on federally regulated futures exchanges in July. The institutional crypto trading platform Bakkt will be conducting the first user tests of its bitcoin futures live on federally regulated futures exchanges. “We’ll be working with our customers […]

eBay could be about to enter the crypto world. If advertisements at the Consensus conference in New York are true, the e-commerce giant could be adopting crypto payments in the immediate future. “Virtual Currency. It’s happening on eBay” Although there has not been an official announcement, the news would allow eBay’s 180 million active buyers […]

In 2013, cryptocurrency investors, enthusiasts, financial regulators and the crypto community witnessed the largest bitcoin exchange in the world, Mt. Gox, collapse. New York regulators decided they needed to step in and ensure that kind of thing did not happen in their state. Two years later, the New York State Department of Financial Services (NYDFS) […]

Following a probe which revealed the apparent loss of $850 million in funds, the attorney general of the State of New York obtained a court order against iFinex Inc., which operates Bitfinex and owns Tether Ltd., ordering them to cease further dissipation of the US dollar assets which back the USDT stablecoin. A $850 Million Cover Up […]

On Apr. 25, the office of New York Attorney General Letitia James alleged iFinex, the company behind Bitfinex and Tether, of misusing $900 million of Tether’s cash reserves to hide an $850 million loss. Immediately thereafter, the bitcoin price plunged by seven percent against the U.S. dollar. On Binance, the world’s largest cryptocurrency exchange, the […]

Regardless of how cryptocurrency prices are performing in the open marketplace, there is much going on behind the scenes. Whether its interest from innovative startups, blue-chip companies or national regulators–the blockchain industry is as hot as ever. As such, this year is once again going to be jam-packed with top-grade cryptocurrency and blockchain technology conferences. […]

Chris Burniske—former crypto lead at ARK Invest and a partner at Placeholder, a crypto venture capital partnership based in New York with $150 million in capital under management—believes the market cap of bitcoin will surpass $1 trillion during the next bull market. Looking at the top 10 cryptoassets at the end of each year makes […]

Bakkt, an institutional cryptocurrency trading platform led by the Intercontinental Exchange (ICE), is reportedly considering obtaining a New York BitLicense. Because the CFTC is reluctant to approve its bitcoin futures, sources close to the matter said that Bakkt believes the New York license will help ease the Commission’s concerns. Bakkt Faces Issues with US Regulators […]

US cryptocurrency exchange Bittrex had its BitLicense application rejected by the New York Department of Financial Services (NYDFS) after years of scrutiny. The agency rejected the application because of alleged deficiencies in anti-money laundering practices alongside poor due diligence over token launches, among other shortcomings. Explaining the reasons behind the decision in a public notice […]

Kraken, a popular cryptocurrency exchange based in the US, is facing a lawsuit from former employee Jonathan Silverman. The former trading desk manager alleges the exchange failed to pay him promised commissions and is demanding $900,000 in compensation for the $19 million in profits its trading desk generated during his tenure at the company. Former Employee […]

Nasdaq, the second-largest stock market in the world, will bolster its crypto offering with new Bitcoin and Ethereum tracking indices on Feb. 25th. The Indices will offer real-time price updates, in thirty-second intervals, on the two cryptocurrencies for clients using Nasdaq’s Global Index Data Service. The two indices are the Bitcoin Liquid Index (BLX) and […]

JP Morgan has become the first US bank to create and test a cryptocurrency. “JPM Coin” is a blockchain-based system intended to supplant older technologies like SWIFT and wire transfer, providing faster settlement times for the bank’s institutional clients. JP Morgan Chase is the largest bank in the US with a balance sheet with over […]

CBOE, on Jan. 31, has resubmitted their Van Eck SolidX Bitcoin ETF application, with a proposed rule change, to the SEC after withdrawing it on Jan. 22. SEC deputy secretary Eduardo Aleman confirmed over a week ago that the CBOE BZX Exchange had pulled its proposed rule change, which would have allowed it to list […]

RealBlocks, a platform leveraging the Ethereum blockchain to tokenize equity in real estate, closed a $3.1 million seed round. The round was led by Science, Inc., a fund with stakes in digital businesses—such as Dollar Shave Club, and was joined by Anthony Pompliano’s Morgan Creek Capital and several other venture capital funds. On Jan. 25th, […]