New York


Finance

PayPal Converts Conditional Virtual Currency License to Full BitLicense

The payments giant announced it would let users withdraw their crypto holdings to their own wallets earlier today.

(Getty Images)

Policy

Environmentalists Target Greenidge as They Turn Up Pressure on NY Governor to Sign Mining Moratorium Bill

A moratorium on new PoW mining projects that use behind-the-meter fossil fuel energy is now on the NY governor's desk.

The Greenidge Generation facility in Dresden, New York. (CoinDesk archives)

Policy

New York State Senate Passes Bitcoin Mining Moratorium

The state Assembly had already passed the bill, which would bar new mining operations powered by carbon-based energy sources for two years.

Clark Vaccaro, acting president and chief strategy officer at BaSIC, a local trade organization, holding up a sign after a rally against the proposed bill last month. (Nikhilesh De/CoinDesk)

Videos

Foundry Exec on Crypto Mining Industry Outlook

Foundry SVP of Mining Strategy Kevin Zhang shares insights into the state of bitcoin mining operations in New York, China, and Kazakhstan, and their impact on the global mining industry.

Recent Videos

Videos

Beyond the Metaverse, NFT Art is Physically Coming to Life in the Real World

At a bright two floor physical exhibition at a gallery in Soho New York, SuperRare is bringing NFTs into the real world.

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Videos

Residents Grapple with Crypto Mining Explosion In Niagara Falls

A Blockfusion crypto mining facility in Niagara Falls, New York, was victim to an electrical explosion and subsequent fire last week, causing thousands of miners to go offline.

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Policy

Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation

Hayes pleaded guilty to one count of violating the Bank Secrecy Act (BSA) in February, and faced a sentence of up to 12 months in prison.

Arthur Hayes sentenciado a dos años de libertad condicional. (BitMEX)