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The NYAG clarified that digital assets differ from blockchain technology, and it has no issues with citizens purchasing stakes in publicly traded blockchain-based businesses in retirement accounts. Go to Source Powered by WPeMatico
The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect. Go to Source Powered by WPeMatico
The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation. Go to Source Powered by WPeMatico
A source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11. Go to Source Powered by WPeMatico
A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions. Go to Source Powered by WPeMatico
The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances. Go to Source Powered by WPeMatico
The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with the investment firms B. Riley Securities and Northland Securities. Bitcoin Miner Greenidge Generation Looks to Raise … Read more
An SEC filing reveals NYDIG’s intent to raise $720 million while a recent press release shows the company’s commitment to HODLing. Go to Source Powered by WPeMatico
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation of securities laws. Nexo Targeted by Several Securities Regulators Over the Crypto Lender’s Earn Interest Product … Read more
Following the publicly-listed mining operation Terawulf’s announcement that the firm’s Lake Mariner mining data center is up and running with 30 megawatts (MW) of capacity, 11 days later, the company has revealed the operation of nearly 12,000 miners at the facility in New York. Between the owned and hosted hashing capacity at Lake Mariner, Terawulf … Read more
