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New York Imposes 2-Year Moratorium on New Proof of Work Mining After Gov. Hochul Signs Bill Into Law
23.11.2022
The new law sets a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive proof-of-work (PoW) cryptocurrency mining
Genesis Global Capital Has Hired Investment Bank Moelis to Explore Options Including Bankruptcy: New York Times
22.11.2022
Separately, the CEO of Genesis' parent company disclosed that it had a roughly $575 million liability to Genesis
New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’
19.11.2022
Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlement between central banks, commercial banks, and regulated non-banks. The New York Fed details that...
MasterCard, Citigroup and Other Global Banking Giants Start Digital Dollar Pilot With New York Federal Reserve
16.11.2022
Global financial services giants such as MasterCard, Citigroup, and others are joining hands with the Federal Reserve Bank of New York to start a 12-week-long pilot for a digital dollar system.
The pilot dubbed the “regulated liability network,” will be conducted in a test environment using...
US national crypto laws should look like New York's, says state regulator
16.11.2022
The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation
SBF Is Sleeping Better, Playing Video Games — New York Times Sam Bankman-Fried Interview Dunked on for Going Soft on FTX Co-Founder
15.11.2022
On Nov. 14, the New York Times (NYT) published a massive 2,200-word expose and interview with the former CEO of FTX, Sam Bankman-Fried (SBF), and the article was criticized a great deal after it was published. The article noted that SBF would only offer “limited details about the central questions...
Let’s Talk About the New York Times' ‘Puff Piece’ on Sam Bankman-Fried
15.11.2022
Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions
15.11.2022
A group of major banks have commenced a pilot project alongside the Federal Reserve Bank of New York to test the feasibility of using tokens representing digital dollars to improve how central bank money is settled between institutions
Our Favorite Cosplay From New York Comic-Con 2022
15.11.2022
New York was able to hold its biggest Comic-Con since 2019 last month, and fans certainly turned up for it; around 200,000 people went through the turnstiles between October 6-9 at the Javits Center, many of them cosplayers. Read more
New York Fed collaborates with Singapore MAS to explore CBDCs
11.11.2022
A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions
Activision Unleash Dystopian Candy Crush Drone Fleet Into Skies Above New York
6.11.2022
Late last week 500 drones were dispatched into the air above New York City, lighting up the Manhattan skyline on Thursday night so the world could see...a Candy Crush advertisement.Read more
‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’
4.11.2022
The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that...
New York-Based Investment Firm CoinFund Looking to Invest $250,000,000 in Crypto Startups
2.11.2022
U.S. investment firm CoinFund has unveiled plans to sell unregistered securities worth a total of $250 million, securing funds for further investments in crypto startups, according to three filings the company made with the country’s Securities and Exchange Commission (SEC). ...
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New York-based forex broker Oanda launches crypto trading services in the US
21.10.2022
The broker’s partnership with Paxos will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’ itBit exchange through Oanda’s mobile platform
New York Man Faces 25 Years in Prison for Bitcoin Money Laundering and Narcotics Scheme
17.10.2022
A New York man is facing 25 years in prison, after being convicted by a federal jury in Brooklyn of money laundering and operating an unlicensed money transmitting business.
The unlicensed business the man was accused of operating was part of a scheme to launder money earned in bitcoin (BTC) from...
New York Cares Non-Profit Highlights Using Web3 for Good With NFT Fundraise
13.10.2022
The Stand with Students initiative, dedicated to supporting underprivileged students, will feature over 16,000 digital pieces created by Open AI’s DALL-E
Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says
3.10.2022
The rise of Circle’s USDC stablecoin – as opposed to the controversial Tether (USDT) – is a threat to the broader financial system, as it could increase the chance of run risks from smaller issuers, researchers at the Federal Reserve Bank of New York wrote in a new paper published Monday
California, New York Join Several States Ordering Crypto Lender Nexo to Halt Yield Product
26.9.2022
Best Universities for Blockchain 2022: New York University
26.9.2022
With blockchain courses from its engineering, business, law and arts schools and dynamic programs such as the Entrepreneurial Institute, this sprawling university in the heart of the most populous city in the U.S. rises to the No. 18 spot. This story is part of CoinDesk's Education Week
New York Judge orders Tether to document USDT backing
21.9.2022
The court accepted the Plaintiffs’ requests to provide "undoubtedly important" documents in the alleged fraud case