Join Our Telegram channel to stay up to date on breaking news coverage After a year of dismal failures, cryptocurrency leaders believed that 2023 would mark a new beginning. Instead, the business sect...
Tag: U.S.
The Overprivileged West’s Delusion Of ‘Transitioning Away From Oil’
Over 15 years in the business, easily the smartest people I’ve met in energy reside in Calgary and Toronto: “Don’t get caught up in the supply story. The demand is insatiable. It’s unstoppable. And it...
U.S. SEC targets Do Kwon and Paxos as regulators press on, bitcoin leads recovery
Last week was marked with considerable activity in the crypto scene, characterized by a cluster of significant events, including the sustenance of regulatory crackdowns and market recovery. The U.S. S...
How A U.S. Trade Loophole Called ‘De Minimis’ Is China’s ‘Free Trade Deal’
A worker makes clothes at a garment factory that supplies SHEIN, a cross-border fast fashion … [+] e-commerce company in Guangzhou. (Photo by Jade Gao / AFP) (Photo by JADE GAO/AFP via Getty Ima...
U.S. Congress may hold inquiry into Binance.US
Ad U.S. Congress should hold an inquiry into Binance.US over its connection to Merit Peak, according to statements from a senator quoted by Reuters on Feb. 17. Senator Roger Marshall told the publicat...
U.S. SEC Officially Charges Disgraced Terra (LUNA) Founder Do Kwon With ‘Defrauding Investors in Crypto Schemes’
The U.S. Securities and Exchange Commission (SEC) is charging the founder of embattled stablecoin issuer Terra (LUNA) with defrauding investors in “crypto schemes.” In a new press release, the SEC is ...
Chinese Official Calls U.S. Response To Spy Balloon ‘Hysterical’
Topline Wang Yi—the Chinese Communist Party’s top foreign policy official—criticized the U.S. Saturday for its handling of the Chinese spy balloon and noted the incident was “absurd and hysterical,” a...
U.S. Accuses Russia Of Crimes Against Humanity In Ukraine—Here’s What That Means
Topline The U.S. has determined that Russia has committed crimes against humanity in Ukraine, Vice President Kamala Harris said Saturday, with accusations Russia has continued a “widespread and system...
Binance Expects Fines in U.S. Investigations
Binance, the biggest digital asset exchange in the world, is getting ready to resolve pending regulatory and law-enforcement investigations in the United States by paying fines and other types of pena...
SEC Approves This U.S. Exchange’s Custody Service While Coinbase’s Remain Uncertain
On Wednesday, the Securities and Exchange Commission (SEC) voted 4-1 to propose sweeping changes to federal regulations. These changes would expand custody rules to include assets such as cryptocurren...
Binance To Stop U.S. Operations, Considers De-Listing U.S. Based Tokens
Crypto behemoth Binance Holdings Ltd. is contemplating severing its ties with its business partners in the United States as the pressure from regulators increases amid several high-profile crypto crac...
Binance CEO ‘CZ’ Calls Severing U.S Ties Report as False
10 hours ago | 2 mins read Editors News The report claims that Binance is contemplating severing connections with its U.S. partners. Kraken was forced to stop down its staking offering in the U.S. an...
U.S. Completes Recovery Of Chinese Spy Balloon Debris—FBI To Analyze
Topline The Navy completed an operation to recover pieces of the Chinese spy balloon Thursday, according to a statement Friday, as U.S. officials continue an investigation into the object that was sho...
4 U.S. Service Members Injured During Syrian Raid That Killed ISIS Leader
Topline Four U.S. service members were injured Thursday during a helicopter raid in northeast Syria that killed senior ISIS leader Hamza al-Homsi, U.S. Central Command announced Friday. Marines assign...
U.S. investigation into Do Kwon and his infamous stablecoin unveils several new revelations
The collapse of supposed stablecoin TerraUSD last May wiped out more than $40 billion of market value held by investors who bought into the story that creator Do Hyeong Kwon and his firm Terraform Lab...
Neiman Marcus Latest To Cut Staff As U.S. Retailers Shed Workforce
Neiman Marcus is the latest U.S. retailer to announce job cuts. (Photo by Robert Alexander/Getty … [+] Images) Getty Images When Neiman Marcus Group announced plans to lay off about 5% of its 10...
Do Kwon, founder of collapsed Terra stablecoin, charged with fraud by U.S. securities regulator
The U.S. Securities and Exchange Commission (SEC) charged Singapore-based Terraform Labs and its chief Kwon Do-hyung with defrauding investors through “a multi-billion dollar crypto asset securities f...
Canada To Impose Tighter Laws For Exchanges Post U.S SEC Crackdown
6 hours ago | 2 mins read Bitcoin News Governments in Europe and Asia are also expanding their regulatory oversight. Kraken had its staking programme recently curtailed by the SEC. Regulation authorit...
Key Pentagon Official In Taiwan Amid Rising U.S.-China Tensions, Report Says
Topline The U.S.’s top China defense official arrived in Taiwan for an official visit on Friday, the Financial Times reported, amid rising tensions between Beijing and Washington over the recent disco...
U.S. SEC Officially Charges Do Kwon and TerraForm Labs (TFL) with Fraud
The SEC has charged Kwon and TFL with defrauding unsuspecting crypto investors. The Securities and Exchange Commission has announced charges against TerraForm Labs (TFL) and its founder, Do Kwon, for ...
Brian Armstrong Warns U.S. About Losing Its Status As A Financial Hub
Coinbase CEO, Brian Armstrong warns the U.S. of losing its status as a financial hub. Armstrong asks Congress to act soon and pass clear crypto legislation. “Crypto is open to everyone and the others ...
U.S SEC Sues Do Kwon And Terraform Labs For Fraud
– Advertisement – The SEC has sued Do Kwon and his defunct crypto firm Terraform Labs. The fugitive founder is being charged with orchestrating a multi-billion dollar crypto asset securit...
Japan’s SBI Shares First Staking Rewards For ADA, DOT, & AVAX, Sparks Outcry From U.S. Crypto Investors
U.S. investors believe that regulatory clampdown is leaving the U.S. behind. Japanese crypto exchange SBI VC Trade, a subsidiary of SBI Holdings, announced the distribution of its staking rewards to c...
Tesla beats BMW as top luxury brand in U.S. for first time
It’s now official… sort of. Tesla (TSLA) has now passed BMW (BMW.DE) as the top luxury brand in the U.S., according to new car registration data compiled by Experian in partnership with Automotive New...
Binance transferred $400 million from U.S. partner to Zhao-run firm, Reuters says
Binance secretly had access to a bank account of its U.S.-based partner and transferred more than $400 million from that account to a trading firm managed by Chief Executive Officer Changpeng Zhao, Re...
Does Better Than Expected Homebuilder Sentiment Mean The Real Estate Market Could Be Turning?
Could the market be (slowly) turning? Getty Key Takeaways February’s housing report marks the first month-over-month increase in homebuilder sentiment since late 2021 After hitting a high of 7.37% in ...
Binance Prepares To Pay Fines To Settle Outstanding U.S. Regulatory Probes ⋆ ZyCrypto
Advertisement     Binance, the world’s largest cryptocurrency by trading volume, expects to pay fines and monetary penalties to settle ongoing investigations with Unit...
U.S. stocks don’t seem bothered by inflation
People walk along 5th Avenue in Manhattan, one of the nation’s premier shopping streets on February 15, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is fro...
A Debt-Ceiling Fight Could Raise U.S. Borrowing Costs and Worsen Budget Deficits
Illustration by Chris Cash Text size About the authors: Arvind Krishnamurthy is the John S. Osterweis professor of finance at the Stanford Graduate School of Business. Hanno Lustig is the school’s Miz...