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In recent months, the blockchain and cryptocurrency industry has been rocked by allegations of market manipulation by Sam Bankman-Fried and his companies, Alameda Research and FTX Japan. The allegations, which include potential market manipulation of two cryptocurrencies, TerraUsd and Luna, as reported by the New York Times, have led to…

Summary: Serving crypto clients and holding crypto deposits was not the undoing of U.S. bank Signature Bank, New York’s financial watchdog said.“It is a misnomer,” the New York Department of Financial Services Superintendent Adrienne Harris said regarding the notion that crypto exposure crippled the U.S. bank.Crypto speculators suggested the bank’s…

The New York Department of Financial Services (NYDFS) has adopted a new regulation that allows it to charge digital asset firms for supervision. The regulation was first proposed in December, channeling the fees charged towards beefing up the digital asset department. NYDFS Superintendent Adrienne Harris pointed out that the move would enable the department…

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1 killed in New York City parking garage collapse 1 killed in New York City parking garage collapse 01:32 A parking structure in New York's Lower Manhattan area has at least partially collapsed, killing one person and injuring several others, officials said Tuesday. The collapse happened shortly after 4 p.m.…

By Davide Barbuscia NEW YORK (Reuters) – Tighter lending conditions after recent bank failures will likely drive the U.S. economy into a shallow recession in the second half of this year, bolstering the case for a gradual increase in exposure to long-term bonds in anticipation of a decline in interest…

Opinions expressed by Entrepreneur contributors are their own. Mobile entertainment is now a multi-billion-dollar global industry, evolving at breakneck speed as technological advances unlock new possibilities and shape consumer preferences in new and unexpected ways. Here is a look at the top five trends changing this industry today: 1. Bite-sized,…

The 2023 NBA playoffs will continue Monday with both the 76ers and the Kings looking to go up 2-0 in their respective series. Brooklyn had no answer for Philadelphia's MVP candidate Joel Embiid in the opener, and without a strong adjustment it could get late early in that series. Meanwhile,…

Top Democratic senators across the US are pushing back after a federal judge in Texas decided to block the FDA-approved abortion drug mifepristone. On Sunday, the New York senator Kirsten Gillibrand criticized as an “outrage” Judge Matthew Kacsmaryk’s decision, which is currently halted until at least Wednesday 19 April by…