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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 bitcoin miners that leverage some of the cheapest natural … Read more
A power plant in New York’s Finger Lakes region now mines about $50,000 of Bitcoin each day using the electricity it produces Go to Source Powered by WPeMatico
The lawsuit against Tether is proceeding, but first a New York judge needs to choose which law firm takes the lead on the case. The decision will impact the direction of the case Go to Source Powered by WPeMatico
Major global crypto AML service provider Chainalysis does not support full transparency in crypto despite not being able to track all privacy coins Go to Source Powered by WPeMatico
U.S. residents now have one more option to buy Bitcoin with USD through bitFlyer’s zero-fee BTC/USD trading pair campaign Go to Source Powered by WPeMatico
Stablecoin Tether is reportedly okay with a merger of the three class-action lawsuits it currently faces Go to Source Powered by WPeMatico
Bitfinex is now being hit by two class-action lawsuits simultaneously, alleging it manipulated the BTC market in 2017 Go to Source Powered by WPeMatico
Authors of New York’s new digital payments system Inclusive Value Ledger claim that the initiative is still open for implementing blockchain technology Go to Source Powered by WPeMatico
New York Governor Andrew Cuomo argues that crypto entities licensed under the Financial Services Law should pay for NYDFS oversight Go to Source Powered by WPeMatico
In this roundup, we cover several crypto-related actions by the U.S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar. … Read more
