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New York Power Plant Sells Bitcoin Hashpower to Institutional Investors
10.4.2020
A New York mining facility has sold 106 petahash of computing power using a new, regulated instrument: a Bitcoin hashpower contract
New York Power Plant Greenidge Has Sold Up to 30% of Its Bitcoin Mining Hash Rate
10.4.2020
Greenidge Generation, an upstate New York power plant that's using proprietary facility to mine bitcoin, has sold up to 30 percent of its computing power to institutional buyers
ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies
5.4.2020
A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that...
7 Crypto Firms Targeted by 11 Lawsuits in New York
5.4.2020
The lawsuits accuse the defendants of issuing unregistered securities and failing to seek requisite licensing for their activities
New York Judge Says Telegram Can’t Distribute Grams Outside U.S. Either
2.4.2020
The judge’s ruling may do little to prevent the launch of Telegram’s Open Network, with the TON community preparing to launch regardless of the court’s position
Major Swedish Bank Fined $386 Million for Hiding Money-Laundering Evidence
2.4.2020
Sweden’s Financial Supervisory Authority (FSA), ’Finansinspektionen’, has fined Swedbank a record sum of 4 billion Swedish krona ($386m) for breaching anti-money laundering regulations on a large scale. Around USD 6 billion had been funneled between suspected accounts.
The post Major Swedish Bank...
PayPal to Make New Blockchain, AML Hire in New York
1.4.2020
Payments giant PayPal could be set to take another dip into the world of blockchain – as it is set to recruit a director for Anti-Money Laundering (AML) and Blockchain Strategy for its New York office.
Per the now-expired job posting published in March, PayPal said it was seeking a new recruit,...
Block.one Hires Team Behind Prominent Block Producer EOS New York
30.3.2020
The team behind the high-profile EOS New York Block Producer has been hired by EOSIO developer Block.one
Block.one Absorbs Team Behind Now-Defunct Block Producer EOS New York
27.3.2020
EOS creator Block.one has acquired the team behind once-prominent block producer EOS New York, which has now entirely ceased operations
Judge Grants Injunction Halting Telegram’s TON Release Again, Notice of Appeal Reportedly Filed
25.3.2020
The embattled Telegram Open Network (TON) blockchain and its native gram cryptocurrency have seen plans for launch stifled once again, with a preliminary injunction granted by Southern District of New York Judge P. Kevin Castel. The March 24 injunction sides with the U.S. Securities and Exchange...
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
17.3.2020
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment...
Consensus 2020 Crypto Event Goes Virtual Due to Coronavirus
13.3.2020
Consensus 2020 is another crypto conference affected by coronavirus, but it will still be hosted virtually in May at no charge
New York Regulators Require Crypto Firms to Submit Coronavirus Plans
13.3.2020
Regulated crypto firms in New York City have been asked to draft detailed plans outlining how they will cope with the coronavirus outbreak
New York Regulator Tells Crypto Firms to Develop Coronavirus Contingency Plans
13.3.2020
NYDFS is asking all crypto firms operating in New York to create detailed plans in case day-to-day operations are disrupted by the coronavirus outbreak
New York Crypto Companies Move to ‘Work From Home’ in Face of Rising COVID-19 Threat
11.3.2020
The New York metropolitan area’s surging coronavirus count is forcing more of the region’s cryptocurrency and blockchain companies to act decisively
Proving That Tether Manipulated Bitcoin 2017 Bull Run Won’t Be Easy
8.3.2020
USDT court case development — Shipkevich: “I am pessimistic that [plaintiffs] will be able to overcome the hurdle of proving market manipulation”
$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation
5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...
New York Power Plant Mines $50,000 of Bitcoin a Day
5.3.2020
A power plant in New York’s Finger Lakes region now mines about $50,000 of Bitcoin each day using the electricity it produces