New York Attorney General Letitia James is pursuing legal proceedings against Celsius founder and CEO Alex Mashinsky, claiming that his alleged “false and misleading statements” resulted in billions of dollars in losses for investors. On January 5th, the New York…
New York Governor Bans Crypto PoW Mining For 2 Years
On November 22, New York Governor Kathy Hochul officially enacted a two-year ban on proof-of-work (PoW) crypto mining, making it the first state in America to do so. Mining Now Restricted to Green Companies The PoW mining moratorium will not…
The Crypto Winter is Increasingly Freezing the New York Bitcoin Mining Industry
The city of New York is currently seeing a heavy decline in crypto mining activity which has been precipitated by the enduring crypto winter. New York City and its environs was just the perfect operating ground for crypto miners during…
The State of New York Announces the creation of a Crypto Taskforce
The state of New York has announced the launch of a crypto taskforce which will be tasked with educating the state on crypto-currencies and their underlying blockchain technology. According to a press release by the bill’s sponsor, Assemblyman Clyde Vanel,…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
