The New York State Assembly has passed legislation to block new crypto mining farms that use fossil fuel as an energy source. Existing crypto mining farms and those that use renewable resources are ex...
Tag: York
New York Passes Bill To Ban Proof-Of-Work Crypto Mining
The New York State Assembly has passed a bill that would ban all new proof-of-work (PoW) cryptocurrency mining for two years. The bill was sponsored by Anna Kelles and will be brought to the State Sen...
The Ongoing Mekhi Becton Situation Is A Thorny One For New York Jets GM Joe Douglas
New York Jets general manager Joe Douglas, greets reporters during a practice at the team’s NFL … [+] football training facility in Florham Park, N.J., Tuesday, June 11, 2019. (AP Photo/Se...
New York State Assembly Passes Bill Blocking New Cryto Mines That Use Non-Renewable Power
However, advocates of the bill noted that existing facilities would remain unaffected by the bill, as well as any facilities that tap renewable resources. The bill itself specifies that the New York D...
What’s in the New York bill poised to advance and ban crypto mining?
The cryptocurrency mining ban bill is getting more and closer to the state assembly in the US as it advances to New York In a nutshell, if once passed, the New York bill would ban the mining of proof ...
New York Crypto Mining Moratorium Bill Advances
A New York bill to place a moratorium on reactivation of fossil-fuel power plants for crypto mining has now advanced to Full Assembly. The new bill, reviewed on April 25 by the New York Assembly’s Way...
New York Pro Basketball Turned Out To Be A Dud With The Knicks And Nets
Brooklyn Nets forward Kevin Durant (7) reacts as his team trails during the second half of Game 4 of … [+] an NBA basketball first-round playoff series against the Boston Celtics, Monday, April ...
New York legislators to vote on PoW mining moratorium this week
New York’s legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several cry...
Judge Holds Trump In Contempt For Failing To Hand Over Records To New York AG
Topline A judge in New York held former President Donald Trump in civil contempt Monday and imposed $10,000 per day in fines, after the New York Attorney General’s office said Trump defied a subpoena ...
Judge holds Donald Trump in contempt of court in New York attorney general prob
Former US President Donald Trump holds a rally sponsored by Save America with Ted Budd, Madison Cawthorn, Bo Hines, Dan Bishop, Mark Robinson and Greg Murphy in Selma, NC, on April 9, 2022. Peter Zay ...
New York Lawmakers to Make Rug Pulls in Crypto a Crime
The State of New York may soon make a move to christen “Rug Pulls” in the digital currency ecosystem as an offence, which could come as a bill, dubbed Senate Bill S8839 when it is passed into law. The...
State lawmakers want to make fraudulent rug pulls a crime in New York
New legislation filed this week in the US state of New York takes aim at so-called rug pulls and other crypto-specific forms of fraud. Senate Bill S8839, according to public records, “[e]stablis...
New York lawmaker proposes 2 year moratorium on power plants to stop growth of crypto mining
New York has become a battleground for crypto mining after lawmaker Anna Kelles submitted a proposal to “place a two-year moratorium on reactivating fossil-fuel power plants for off-the-grid cryptocur...
Proposed New York Bill Looks to Criminalize Crypto Rug Pulls and Scams
New York State Senator Kevin Thomas has proposed a bill that’ll criminalize rug pulls and other fraudulent activities within the crypto space. The proposed bill also seeks an amendment to establish cr...
Senator proposes criminalization of crypto frauds in New York 1
TL; DR Breakdown Senator wants to criminalize crypto frauds in New York Senator Thomas wants a clear and strict guideline The bill is undergoing review The prevalence rate of fraud in the crypto marke...
New York To Vote On Crypto Mining Ban Amid Heavy Backlash
The New York State Assembly is set to vote on a proposed ban on cryptocurrency mining in the state next week. The bill, which was approved by the lower house in March, faces widespread criticism in th...
The New China: Is New York Actually Going To Ban Proof-Of-Work Mining?
The state of New York is about to shoot itself in the foot yet again. First, the infamous BitLicense drew all cryptocurrency companies away and now they’re considering banning Proof-Of-Work mining. Or...
Confidence Eludes Joey Gallo As New York Yankees Express Concerns Over Offensive Malaise
NEW YORK, NEW YORK – APRIL 09: Joey Gallo #13 of the New York Yankees reacts after popping up during … [+] the bottom of the sixth inning of the game against the Boston Red Sox at Yankee S...
Magic Of The US Open Cup On Show In Hartford Despite Defeat To New York Red Bulls
Hartford Athletic fans celebrate a goal in their US Open Cup third round game against New York Red … [+] Bulls at Trinity Health Stadium James Nalton US Open Cup third round week is when the mag...
Rite Aid’s stock rockets after the New York Post reported it rejected a buyout bid at a hefty premium
Shares of Rite Aid Corp. RAD, +10.81% rocketed as much as 38.5% intraday before paring gains to be up 18.7% in very active afternoon trading Wednesday, after the New York Post reported that the drugst...
JD, Alibaba Stock Exodus From New York Intensifies
(Bloomberg) — Investors are shifting more of their shares in Chinese e-commerce giants to the Hong Kong market, as Beijing’s efforts have yet to dispel concerns over the companies’ eligibility t...
Supreme Court rejects SALT limit challenge from New York, New Jersey
Rep. Judy Chu, D-Calif., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol. Sarah Silbiger | Bloomberg | Getty Images The U.S. Supreme Court h...
What would Bitlicense bring changes to crypto firms in New York?
Department of Financial Services is up to apply BitLicense fees on crypto-related businesses in New York Cryptocurrency businesses that are at their initial stages face tough situations every now and...
New York Bitcoin ATM Operator caught for Running Illegal Business: Attracting Criminals
46 Bitcoin ATMs have been charged for illegal business. In New York, a bitcoin ATM operator was charged with using the company to “market toward those involved in criminal behavior.” R...
Bob Oliva, Disgraced Former New York City High School Basketball Coach, Dies
Bob Oliva, center, the former Christ the King basketball coach, in a Boston courtroom April 4, 2011, … [+] when he was sentenced to five years’ probation after pleading guilty to two count...
Cryptocurrency Companies May Face New Fees in New York
New York may soon require licensed crypto firms to pay assessment fees. The New York Senate passed by 2023 budget on 9 April, granting the New York Department of Financial Services (NYDFS) to charge a...
BitLicense firms to pay assessment fees in New York 1
TL; DR Breakdown BitLicense firms to pay assessment fee in New York Companies in the bracket will pay tens of thousands DFS to use the fees to enhance its operations New York has ordered crypto exchan...
BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York
The cost of running a crypto business in New York is about to rise with the state government gearing up to require companies holding a BitLicense to pay assessment fees to ensure they’re complying wit...
Greenidge Generation’s Bitcoin Mining Operations in New York Still in Doubt
Greenridge Generation – a power generation and Bitcoin mining company – reportedly faces an “uphill battle” in staying compliant with New York state’s environmental law. The Department of Environmenta...
Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals – Regulation Bitcoin News
A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Tay...