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New York
Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low
The mining firm has a liquidity position of $4.5 million and outstanding loan principal of $138.5 million.
US Midterm Elections to Set the Tone for Bitcoin Miners' Future
The midterm elections are key to determining the industry’s future, which is increasingly under attack by environmental advocates.
US Judge Removes Legal Firm Roche Freedman From Class Action Against Tether, Bitfinex: Report
The firm was removed even after its controversial founder Kyle Roche filed to withdraw from the case.
Blockfusion's Crypto Mine in Niagara Falls Shut Down Due to Zoning Ordinances
As soon as the city's moratorium on the industry was lifted, Blockfusion was ordered to shut down over zoning issues.
SEC Sues 2 Crypto Advisory Firms and Their Owner for Misappropriating Investors’ Funds
The complaint alleges the firms' owner lied to investors about where their funds were deposited in a Ponzi-like scheme.
New York’s Museum of Modern Art Considers Buying NFTs With Proceeds of $70M Auction: Report
MoMA has a team monitoring the digital art market and will consider purchasing non-fungible tokens.
Crypto Booster Bond Loses Primary Bid for New York Congressional Seat
Michelle Bond relied on crypto industry backing, including from boyfriend Ryan Salame of FTX Digital Markets, but didn’t push the crypto cause in race.
Robinhood's Crypto Division Fined $30M by New York Financial Regulator
The online broker said last year it expected the fine following a 2020 investigation.
Celsius Bankruptcy Filings Hint Retail Customers Will Bear Brunt of Its Failure
The New Jersey-based crypto lender has a $1.2 billion hole in its balance sheet and will likely struggle to pay back its customers and creditors.
Crypto Miner CleanSpark Continues to Take Advantage of Bear Market as it Scoops Over 1K Rigs
Crypto miner CleanSpark has purchased 1,061 bitcoin mining rigs that are already in operation at hosting firm Coinmint’s facility in New York. In June, the Las Vegas-based miner bought contracts for another 1,800 mining rigs. “The Hash” hosts unpack what this means for the bitcoin mining ecosystem.