How Did Bankman-Fried Secure $250 Million Bail?
FTX founder Sam Bankman-Fried clinched a bail deal on Thursday that would see him released on a $250 million bond secured against his parents' property with restrictions on his movement.
Pomp And Persuasion As Ukraine's Zelenskiy Addresses U.S. Congress
Ukrainian President Volodymyr Zelenskiy will be greeted with pomp and applause when he enters the U.S.
Cryptocurrencies At Crossroads After Annus Horribilis
To borrow from Britain's Queen Elizabeth, 2022 is not a year on which the cryptocurrency world shall look back with undiluted pleasure.
Insurers Shun FTX-linked Crypto Firms As Contagion Risk Mounts
Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges uninsured for any losses from hacks, theft or lawsuits, several market participants said.
Southwest Airlines Customer Service Employees Approve New Labor Deal
Southwest Airlines customer service employees overwhelmingly ratified a new five-year collective bargaining agreement that includes an immediate 13.1% wage increase, the IAM union said on Thursday.
New York Financial Regulator Issues Cryptocurrency Guidance For Banks
The New York State Department of Financial Services (NYDFS) on Thursday issued digital asset guidance to state-regulated banks laying out what information financial institutions must submit before getting approval to engage in virtual currency-related activities.
U.S. Lawmakers Scramble To Regulate Crypto In Wake Of FTX Turmoil
U.S. senators on Wednesday pressed Congress to regulate cryptocurrency under existing financial rules, as lawmakers scramble to rein in the troubled industry after prosecutors filed criminal charges against FTX founder Samuel Bankman-Fried.
Crypto Exchange FTX Fights Bahamas Demand For Data Access
Lawyers for the bankrupt crypto exchange FTX will square off in court on Wednesday to fight a demand for internal records from an insolvent affiliate based in the Bahamas as the two wrestle over scraps of the once high-flying business.
Wall St Set To Surge At Open As CPI Data Calms Rate Hike Jitters
Wall Street's main stock indexes were set to open sharply higher on Tuesday as a smaller-than-expected rise in U.S.
Exclusive-Geely's Premium Electric Car Brand Zeekr Seeks Over $1 Billion In U.S IPO - Sources
Zeekr lodged its filings with U.S. regulators last week and is planning to go public in New York as early as the second quarter of 2023.
Malaria Deaths Dip In 2021 After Rising In First Year Of COVID, Says WHO
Malaria-related deaths fell slightly in 2021 after a significant increase in the first year of COVID-19, but remained higher than the pre-pandemic estimated toll, according to a World Health Organization (WHO) report on Thursday.
Ukraine Faces 'Significant' Power Shortages After Russian Attacks
Ukraine enforced new emergency power cuts on Thursday as it tried to repair energy infrastructure damaged in Russian air strikes which the national grid operator said had caused significant supply shortages.
US House Committee To Hear Testimony On Alleged Supreme Court Leak
A U.S. House of Representatives committee will on Thursday hear the testimony of a former anti-abortion leader who has alleged he was told in advance about the outcome of a major 2014 Supreme Court ruling regarding contraceptives.
Celsius Bankruptcy Judge Orders Return Of Some Crypto Assets To Customers
A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively small group of customers whose deposits were never commingled with other Celsius funds.
Exclusive: Canada's Biggest Pension Plan, CPPI, Ends Crypto Investment Pursuit - Sources
Canada's biggest pension fund, CPP Investments, has ended its effort to study investment opportunities in the volatile crypto market, two people familiar with the matter told Reuters.
Trump-backed Walker Loses: Three Takeaways From Georgia U.S. Senate Runoff
U.S. Senator Raphael Warnock beat Republican challenger Herschel Walker in a Georgia runoff election that fortified Democrats' Senate majority and handed the Republican Party another bitter loss to cap a disappointing midterm election season.
Cryptoverse: Forget Crypto Winter, This Is A Bitcoin 'Bloodbath'
"I'm nearly bankrupt," says Jad Fawaz, a crypto trader in Abu Dhabi. "I'm laughing because there's no point in exerting more depression and more frustration about it."
Facebook Owner Meta May Remove News From Platform If U.S. Congress Passes Media Bill
Facebook parent Meta Platforms Inc on Monday threatened to remove news from its platform if the U.S.
Crypto Lender Nexo To Quit United States
UK-based crypto lender Nexo said on Monday it would phase out its U.S. products and services over the coming months due to clashes with regulators.
DOJ Watchdog Seeks Independent Review Of FTX Bankruptcy
The U.S. Department of Justice's bankruptcy watchdog on Thursday called for an independent investigation into the collapse of crypto exchange FTX, saying customers need a neutral party to investigate allegations of "fraud, dishonesty, incompetence, misconduct, and mismanagement."
Nasdaq CEO Hopeful IPOs Will Pick Up In 2023, Calls For More Crypto Regulation
Adena Friedman, chief executive officer of Nasdaq Inc, said on Wednesday she expects a quiet first half of 2023 for initial public offerings as investors remain cautious, but is hopeful activity will pick up in the second half of the year.
Sam Bankman-Fried Says He 'Didn't Ever Try To Commit Fraud'
Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company's collapse stunned investors and left creditors facing losses totaling billions of dollars.
Biden Says Ukraine, COVID Are Priorities; Senate Democrats Push For Spending Bill
Top U.S. Democrats said on Tuesday that securing more funding for Ukraine and COVID-19 and passing a full-year spending bill are priorities before Republicans take control of the House of Representatives early next year.
Weapons Industry Booms As Eastern Europe Arms Ukraine
Eastern Europe's arms industry is churning out guns, artillery shells and other military supplies at a pace not seen since the Cold War as governments in the region lead efforts to aid Ukraine in its fight against Russia.
Global Regulators To Target Crypto Platforms After FTX Crash
The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such 'conglomerate' platforms will be the focus for 2023, the new chair of global securities watchdog IOSCO said in an interview.
Digital Currency Group Owes $575 Million To Genesis Trading's Crypto Lending Arm
Venture capital company Digital Currency Group, which owns Genesis Trading and cryptocurrency asset manager Grayscale, owes $575 million to Genesis' crypto lending arm, Chief Executive Barry Silbert said in a letter to shareholders on Tuesday afternoon.
U.S. To Extend Student-loan Payment Pause During Supreme Court Challenge
Americans with student loan debt may get a reprieve from payments through August under a plan announced on Tuesday by President Joe Biden, who said the timeline would give the Supreme Court a chance to hear a challenge to his policy.
FTX Holds $1.24 Billion Cash Balance Before Bankruptcy Hearing
FTX has a total cash balance of $1.24 billion, a court filing by advisers on the stricken crypto exchange's restructuring showed ahead of U.S.
UK Investigating Apple, Google Mobile Browser Dominance
Britain's competition watchdog on Tuesday launched an in-depth investigation into the dominance of the mobile browsers of Apple and Google.
Cryptoverse: Let's Talk About DEX, Baby
As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is.