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Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment
23.4.2024
Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission's (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain
NYSE Considers 24-Hour Trading Model in Response to Crypto Market Trends
22.4.2024
Cryptocurrency markets operate continuously, trading every day of the week, around the clock. In a similar vein, reports indicate that the New York Stock Exchange (NYSE) is exploring the possibility of shifting to 24/7 operations. The data team at NYSE has conducted a survey among its investors...
11 Games (That Aren't Fallout) To Play After Watching Fallout
17.4.2024
Amazon’s new Fallout series is a smash hit and also, pretty dang good, too! And while the series is based on Bethesda’s popular post-apocalyptic RPG franchise of the same name, there are plenty of other games you can play after watching the show if you want more Fallout vibes. Read more
New York Times Simulator Is A Gripping Exploration Of Modern Media Pitfalls
2.4.2024
The goal of The New York Times Simulator, a new, free game, is simple: keep readers happy and don’t get shut down. It’s a problem any modern media outlet knows well. But this new game doesn’t just make you any old journalist struggling to make a living in today’s fraught media landscape. No,...
TRON Foundation, Justin Sun Ask U.S. Court to Dismiss SEC Lawsuit
2.4.2024
The TRON Foundation and Justin Sun asked a New York court to dismiss an SEC lawsuit, arguing that the regulator failed to establish that the court has jurisdiction over the foreign defendants
Thanks To Hits Like Wordle, The New York Times Is Now A Gaming Company
1.4.2024
The New York Times might be best known for its long-running newspaper. But new data shows that thanks to popular games like Wordle, Strands, Connections, and more, the Times has quietly become a video game company that just so happens to have a newspaper subscription, too. Read more
Today’s NYT Connections Puzzle Is A Cruel April Fools' Joke
1.4.2024
Just a few months ago, I was incapable of completing the New York Times’ Connections puzzles. Now, I can usually do the daily word-based puzzle without too much of a hassle—which is why today’s version has got me (and others) so irrationally angry. You see, today, April 1, 2024, I opened up the...
MetaBirkins NFT Creator Barred from Museum Display After Hermès Lawsuit
21.3.2024
Mason Rothschild, the artist behind the controversial MetaBirkins NFT project, has been banned from showcasing the pieces at a museum exhibition in Stockholm, a New York Judge ruled on March 13. The ruling follows a contentious legal battle between Rothschild and Hermès over its iconic Birkin...
Cinematrix Is The Best Commute Game Since Wordle
28.2.2024
As someone whose commute to and from the office every day is under half an hour, I am always looking for something short and sweet to do while riding the subway. Sure, there’s the New York Times Games app and its offerings like Wordle and the more recent Connections. But as of February 26, there...
Dune: Part Two Director Just As Shocked By The Sandworm Bucket As Us
27.2.2024
Dune: Part Two is coming to theaters later this week and is already receiving rave reviews, but some online communities can only focus on one thing: the now-infamous sandworm-shaped popcorn bucket. The internet, being what it is, took the joke and ran so much further with it than anybody really...
DCG Objects Settlement Between NY Attorney and Failed Genesis
22.2.2024
DCG contended that Genesis did not follow proper legal processes and the agreement falsely diverted funds to preferred creditors.
The post DCG Objects Settlement Between NY Attorney and Failed Genesis appeared first on Cryptonews
DCG Calls Out Genesis' Settlement With New York as 'Subversive'
21.2.2024
Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses
Ripple to Acquire Standard Custody to Strengthen Regulatory Licenses Portfolio
13.2.2024
Ripple has announced a deal to acquire the New York-based digital asset platform Standard Custody and Trust Company, pending regulatory approval. Once the acquisition is finalized, Ripple will become the sole shareholder of Standard Custody, leveraging its limited-purpose trust charter and money...
Ripple to Buy New York Crypto Trust Company to Expand U.S. Options
13.2.2024
Ripple struck a deal to acquire Standard Custody & Trust Co., the company said Tuesday, in order to secure a New York trust charter in an ongoing expansion of its U.S. regulatory licensing
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
9.2.2024
New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing
Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General
9.2.2024
Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Earn program, operated jointly with Gemini Trust, offered customers up to 8% interest on crypto loans. But it was suspended amid the crypto market downturn...
New York Community Bancorp Counters Moody’s Junk Status, Asserts Strong Deposits
8.2.2024
Just one week following a dramatic plunge in New York Community Bancorp’s shares, which tumbled 40% in a single day at January’s close, Moody’s Investors Service downgraded the bank’s credit rating to junk status. The bank’s troubles have ignited concerns over a potential...
Pokémon Actor Veronica Taylor Talks 26 Glorious Years Of Ash Ketchum
2.2.2024
When Veronica Taylor was called to audition for a Japanese cartoon in 1998, she had no idea what to expect. Heavily pregnant and living in New York, the 33-year-old actor had just finished a run of commercials, soaps and theatre productions, before a chance call from her acting coach sent...
US Banking Sector Volatility — Distressed Commercial Real Estate Sector Raises Default Concerns
1.2.2024
Following the U.S. central bank’s decision to keep the federal funds rate unchanged, the turbulence in the commercial real estate market has sent shockwaves through the country’s banking sector and internationally as well. On Thursday, New York Community Bancorp witnessed a further...
Crypto Bank Savior New York Community Bancorp Sees 40% Drop in Shares
1.2.2024
New York Community Bancorp (NYCB), the savior of failed Signature Bank, has witnessed a sharp decline of 40% in its shares. The bank’s shares took a hit on Wednesdau after the decision to cut dividend to strengthen its capital and the announcement of an unexpected loss, according to a report...