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Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
8.5.2020
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. The increase is thanks “to growth in the number of active bitcoin customers, as well...
Crypto Investor Sues New York Teen for $71.4 million in SIM-Swap Saga
8.5.2020
A crypto investor is suing a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone
Meet Ideaology – All in One Blockchain Solution
6.5.2020
DUBAI, UAE, 8th May (Friday) Time: 10 AM New York, NY, USA (GMT-4) ‘MEET IDEAOLOGY’ webconference is looking for you The exclusive, pre-launch presentation for the top crypto people In an effort to make top-shelf blockchain partnerships before their Initial Coin Offering is launched, Ideaology...
ErisX Becomes Latest Crypto Firm to Receive New York’s BitLicense
6.5.2020
Eris Clearing, the clearing and settlement arm of ErisX, has been awarded the hard-to-come-by Virtual Currency License from New York's Department of Financial Services
Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus Outbreak
3.5.2020
During the last two months, the global economy has shuddered and a great number of people still attribute the financial meltdown to the Covid-19 outbreak. However, during the last two weeks, the blame has shifted, as many citizens are now blaming the government lockdowns, overly-predictive models...
New York Regulator Hires Former IRS Silk Road Investigator as General Counsel
28.4.2020
The New York Department of Financial Services has appointed former IRS Criminal Investigations head Richard Weber as its new general counsel
New York Crypto Regulator Adds Silk Road Investigator as General Counsel
28.4.2020
New York regulator that issues BitLicences adds a former Silk Road investigator to its legal team
Bitcoin Mining Equipment Maker Ebang Files $100 Million IPO for US Stock Market Listing
26.4.2020
Bitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U.S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.001 (US$0.00013) per share if its IPO filing is approved. In a filing...
Bitcoin Miner Braves Pandemic Amid Partial Relocation to New York
17.4.2020
Riot Blockchain has entered into a "co-location mining services contract" to share Coinmint’s data center amid low crypto prices
Riot Blockchain Moves Part of Bitcoin Mining Operation to Upstate New York
15.4.2020
Bitcoin miner Riot Blockchain has sent a portion of its newly acquired S17 Pro Antminers from an Oklahoma facility to upstate New York, tapping excess power in a colocation deal with Coinmint
Charges of Fraudulent Pretense: US Court Unseals Onecoin Cofounder’s Indictment
13.4.2020
Manhattan prosecutors from the New York Southern District Court (NYSD) have unsealed indictment charges against Onecoin cofounder Sebastian Greenwood. The documents allege that Greenwood, alongside his accomplices Ruja Ignatova the ‘Crypto Queen’ and her brother Konstantin Ignatov...
Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’
10.4.2020
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of...
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