Riot Blockchain has entered into a “co-location mining services contract” to share Coinmint’s data center amid low crypto prices
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Bitcoin Miner Braves Pandemic Amid Partial Relocation to New York
Category: new york
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New York Healthcare Officials Show Increasing Interest in Blockchain
Using blockchain technology during a global pandemic would have seemed to be a no-brainer a few years ago. Today, it is anything but a given, although there are some different aspects being explored moving forward. In New York, one particular coronavirus-related blockchain effort is worth keeping an eye on. Blockchain Becomes of Big Interest all of a Sudden It is designed to track drugs, patients, and the spread of this pandemic accordingly. As the New York healthcare industry is looking at the potential use cases for blockchain, some new cases may come to light overall. For now, the main points
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New York Power Plant Sells Bitcoin Hashpower to Institutional Investors
A New York mining facility has sold 106 petahash of computing power using a new, regulated instrument: a Bitcoin hashpower contract
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Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits
On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. Entities like Block.one, Tron, Bancor, Status and numerous company executives are accused of selling unregistered securities. The lawsuits claim the exchanges “profited handsomely” […]
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ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies
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 organizations like the Tron Foundation, Bitmex, Binance, Bibox and Block.one allegedly sold unregistered […]
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Major Swedish Bank Fined $386 Million for Hiding Money-Laundering Evidence
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.
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New York State now has Over 1,700 Confirmed Novel Coronavirus Cases
The novel coronavirus is only starting to make its mark on the Western world. Especially in the US, some interesting precautions are being discussed regarding New York City. A lot of major US cities are suspending social activities for the foreseeable future. New York City Prepares for the Worst That is only normal, as social gatherings will only aid in spreading the novel coronavirus. While a lot of precautions have been taken in New York City, there may be more ideas left to explore. One potential idea is to create a “shelter in place” order, according to Mayor de Blasio.
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US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
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 has been trying to withdraw $30-50K per person as they flee […]
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Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
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 has led people to question why gold […]
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New York Officials Want to Achieve Novel Coronavirus “Herd Immunity”
In the United States, the novel coronavirus continues to make a lot of headlines. Especially New York is a region of concern, especially now that COVID-19 cases are no longer being tracked. To be more specific, this doesn’t mean people will no longer receive treatment if they begin showing symptoms. Novel Coronavirus is Spreading in New York It appears that NY officials are convinced that everyone has come into contact with the virus in one way or another. A very worrisome thought, assuming there is any truth regarding this statement. It is certainly true that the novel coronavirus is very
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