US Justice Department starts probe on Archegos collapse, report says
The U.S. Department of Justice is investigating the collapse of Bill Hwang's Archegos Capital Management, which cost big global banks more than $10 billion in losses.
Bitcoin price slides along with other cryptocurrencies
Bitcoin was trading nearly 5% lower on Friday morning.
Tom Brady touts cryptocurrency investments, says he's a 'big believer'
Tampa Bay Buccaneers superstar Tom Brady revealed Thursday that he is a “big believer” in the long-term prospects of cryptocurrencies.
New York Stock Exchange president wants to remain in NYC
New York Stock Exchange President Stacey Cunningham on whether the NYSE would leave NYC.
AMC, GameStop feeling the retail love this week
Retail investors are ravenous for shares of AMC and GameStop this week.
Sen. Tim Scott chides banks for 'woke capitalism' and Georgia election law efforts
Many CEO's of the largest banks in the U.S. didn't know how to respond when asked about woke capitalism
PayPal developing cryptocurrency withdrawal function for third-party wallet transfers
Paypal's general manager of blockchain, crypto and digital currencies, Jose Fernandez da Ponte, said during Coindesk's Consensus 2021 Conference on Wednesday that the payment company is currently developing a withdrawal function.
Wall Street CEOs to face Capitol Hill scrutiny during oversight hearing
The CEOs of some of the largest banks in the U.S., including Goldman Sachs and JPMorgan Chase, will testify Wednesday on Capitol Hill for Senate's Wall Street oversight hearing.
Bitcoin price rises leading cryptocurrencies higher
Cryptocurrencies were on the rise early Wednesday morning.
Bitcoin, crypto in MLB no longer out of left field, Yankees manager Aaron Boone says
New York Yankees manager Aaron Boone revealed in an appearance on ‘Varney & Co.’ Tuesday that, while cryptocurrency hasn't been an acceptable form of payment right off the bat within Major League Baseball, it is certainly being discussed for future possible transactions.
Bitcoin Mining Council faces critics
Some Twitter users called the council "an attack on Bitcoin" while others claimed the group would drive the currency's mining and transaction costs higher, amount to a bigger waste of energy and make it less viable for payments
AMC Theaters CEO uses Twitter to build relationships with retail investors
If you’re a small investor and own shares of AMC, don’t be surprised if you get a Twitter follow from the company’s Chairman and Chief Executive Officer, Adam Aron.
Infamous Bitcoin pizza guy who squandered $365M haul has no regrets
In May 2010, California student Jeremy Sturdivant, then 19, noticed a bizarre request on a cryptocurrency Internet forum: He could receive 10,000 Bitcoins, at the time reportedly valued at $41, in exchange for the delivery of two large pizzas to Florida resident Laszlo Hanyecz, 28.
Elon Musk solicits Dogecoin development help
After announcing earlier this month that he would be working with Dogecoin's developers to "improve system transaction efficiency," Elon Musk is now soliciting feedback from the public on ideas to enhance the joke currency even further.
Bitcoin's biggest corporate investors whipsawed amid volatility
Bitcoin’s corporate holders, such as Tesla, Square and Microstrategy, may be in for the long haul despite the sharp downturn hitting cryptos.
Cryptocurrency DeFi100 founders deny allegations they stole $32 million from investors
The team behind cryptocurrency DeFi100 have denied allegations that they have performed an "exit scam" after a notice on the team’s website claimed the founders had stolen $32 million in investments over the weekend.
Bank of America’s Merrill Lynch to ban trainee brokers from making cold calls
Bank of America Corp.'s Merrill Lynch Wealth Management unit is banning trainee brokers from making cold calls, a vestige of an era when the industry pushed hot stocks on anyone who would pick up the phone.
Federal Reserve to step up research, public engagement on digital currencies
Federal Reserve Governor Lael Brainard says the research effort is driven by the growing role of digital private money, the migration to digital payments, the plans for the use of foreign CBDCs in cross-border payments, and concerns about financial exclusion.
Crypto trading platform CEO on Bitcoin price: ‘Little guy getting squeezed out’
INX Limited CEO Douglas Borthwick, while discussing Bitcoin losing half its value, argued that the "little guy" is getting "squeezed out" while the "big guys continue to build large positions," on FOX Business' "Varney & Co."
Bitcoin not for us, HSBC CEO says
Europe's largest bank's stance on cryptocurrencies comes as the world's biggest and best-known, Bitcoin, has tumbled nearly 50% from the year's high, after China cracked down on mining the currency and prominent advocate Elon Musk tempered his support.