New York


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)

Finance

First a Hum and Then a Bang: Niagara Falls Residents Forced to Reckon With Crypto Mining

The city in New York has imposed a moratorium on new bitcoin mining operations as complaints about noise were compounded by an explosion and fire at a mining site last week.

Blockfusion's mining facility in Niagara Falls, New York, that hosts Bit Digital's mining rigs. (Eliza Gkritsi/CoinDesk)

Policy

Former BitMEX CEO Arthur Hayes Faces 6 to 12 Months in Jail at Sentencing Hearing Friday

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

Arthur Hayes, former CEO of BitMEX

Policy

NYDFS Chief Says Regulators Need to Develop a ‘21st Century Framework’ for Crypto

NYDFS Superintendent Adrienne Harris says the regulatory agency will triple the size of its virtual currency unit by the end of the year.

NYDFS Superintendent Adrienne Harris in conversation with Chainalysis co-founder Jonathan Levin at Links 2022. (Cheyenne Ligon/CoinDesk)