The New York Department of Financial Services said Digital Currency Group subsidiary Genesis Global trading will pay an $8 million penalty and surrender its license from the regulator after an investigation found significant failings in the company's anti-money laundering and cybersecurity programs. Genesis - a cryptocurrency market-maker and brokerage firm - failed to maintain an effective...
A U.S. appeals court on Friday upheld two earlier decisions by a patent tribunal that favored Masimo in its intellectual property dispute with Apple over blood oxygen sensors in newer Apple Watch models. The decisions by the Court of Appeals for the Federal Circuit concern findings by the Patent and Trademark Office and come as Apple...
Nanao, JapanCNN — Minae Akiyama had traveled from southern Japan to Ishikawa prefecture to celebrate New Year’s with her family, when the ground began to shake. “Thinking about it now still makes me tremble. My heart was pounding, my mind went blank, we just scrambled,” she told CNN from a shelter in the city of Nanao, where she and her family...
KUALA LUMPUR: Olympic Games hopefuls Aaron Chia-Soh Wooi Yik and Ong Yew Sin-Teo Ee Yi had more than one reason to celebrate after storming into the men’s doubles quarter-finals in the Malaysian Open yesterday. Both pairs not only won their respective matches but also received a boost as they will enjoy the newly announced benefits that...
Citigroup on Friday reported a $1.8 billion loss for the fourth quarter as it recorded charges to refill a government deposit insurance fund and carry out a sweeping internal reorganization. CEO Jane Fraser called the results "very disappointing," but expects this year to be a turning point. "We made substantial progress simplifying Citi and executing our strategy...
WASHINGTON (Reuters) -The United States and Britain launched a series of strikes on Yemen on Thursday aimed at the Iran-backed Houthi militia that started targeting international shipping in the Red Sea late last year. Initial reactions from the U.S. Congress included: U.S. SENATE REPUBLICAN LEADER MITCH MCCONNELL "I welcome the U.S. and coalition operations against the Iran-backed Houthi...
Users reported seeing spot Bitcoin ETF symbols on trading platforms ahead of approval from the SEC. Fidelity’s retail trading app showed spot Bitcoin ETF tickers, including ARK 21Shares Bitcoin ETF (ARKB), although one user confirmed that trading was unavailable for now. Shortly after, Bloomberg notably listed 11 Bitcoin (BTC) ETFs on its terminal under the “pending listing” designation. The Chicago Board Options...
The United States Securities and Exchange Commission (SEC) approved multiple spot Bitcoin ETFs on Jan. 10. According to an official SEC filing, spot Bitcoin ETFs have been approved for listing on all registered national exchanges in the U.S., including the Nasdaq, NYSE, and CBOE, following a decade-long hunt for these products. The approval means ETFs will go live in trading...
JPMorgan Chase CEO Jamie Dimon reiterated his longstanding skepticism about BTC despite his company’s role in the BlackRock Bitcoin ETF. Despite the cryptocurrency’s status as the most valuable in terms of market capitalization, Dimon remained unswayed, questioning its intrinsic worth. Under Dimon’s leadership, JPMorgan Chase has been identified as an authorized participant for BlackRock’s newly approved spot Bitcoin ETF, the iShares...
Crypto index fund manager Bitwise pledges to allocate 10% of profits from the Bitwise Bitcoin ETF to support Bitcoin open-source development. In an X thread on Jan. 11, Bitwise says it will send the proceeds of its Bitcoin spot ETF to three crypto organizations: Brink, OpenSats, and Human Rights Foundation. Bitwise says that with the donations it wants to “express gratitude...
