Tag: New York

  • Novogratz
    Crypto

    Investment Banker Novogratz Wants to Build the ‘Drexel of Crypto’

    Ex-hedge fund manager Michael Novogratz has reneged on his promise to build the ‘Goldman Sachs of crypto’, instead referencing the notorious bank Drexel Burnham Lambert. This investment bank was behind the junk bond market in the 1980’s and is known for one of the biggest insider-trading scandals on...

    tim copeland | June 7, 2018 | 12:30 am
  • Industry

    Bitcoin Trading Helped Square More Than Double in Value Last Year

    Shares of payment firm Square Inc. more than doubled in value last year, and the company has seen an almost 50% increase in its stock since it began offering Bitcoin trading to it’s customers in November. Square Sees Stock Prices Soar Thanks to Bitcoin Trading Square added about $8...

    Thomas Delahunty | June 1, 2018 | 2:00 am
  • Sponsored

    The Crypto Wire From New York To Las Vegas

      Watch the associated video through this link The brand-new work “It Used To Be Wired” was made for Consensus 2018. The essential idea was to capture the crypto crossroads New York is currently facing. It also honors the tradition of the avant-garde in art there. This mixed-media...

    Vesa | May 7, 2018 | 2:41 pm
  • Crypto

    Kraken, ShapeShift CEO Condemn New York For Unfair Cryptocurrency Business Treatment

    The New York Attorney General office launched a fact-finding inquiry to discover how the cryptocurrency exchanges work and what they’re doing to fight bots, money laundering, and market manipulation. Erik Voorhees, CEO of ShapeShift, and Jesse Powell, CEO of Kraken, denounce the “questionnaire” as hostile to cryptocurrencies and business, in general. Kraken CEO Slams New York Attorney General...

    Ricardo Esteves | April 19, 2018 | 11:06 am
  • Attorney General
    Industry

    New York’s Attorney General Requests Information on the Operations of 13 Cryptocurrency Exchanges

    New York State’s Office of the Attorney General (OAG) is requesting information from 13 cryptocurrency exchanges in attempts to improve transparency and accountability and help protect digital currency investors. The initiative is meant to complement a first-in-the-nation licensing protocol established by New York State’s Department of Financial Services...

    Thomas Delahunty | April 17, 2018 | 6:55 pm
  • Bitcoin

    New York Bitcoin Miners Charged Higher Electricity Rates

    The New York State Public Service Commission (PSC) has ruled that upstate power companies can charge bitcoin miners higher electricity rates who may be trying to take advantage of the state’s cheap electricity supply. Power Up Last week, it was reported that Plattsburgh city in upstate New York had...

    Rebecca Campbell | March 21, 2018 | 1:39 am
  • Industry

    Square Sets Sights on Bringing Bitcoin Service to New York

    The cash payment app Square that has been allowing users to buy and sell bitcoin since the start of 2018 is looking to jump a high hurdle and bring that service to New Yorkers. Square Brought Speed to Bitcoin Buying Square was started as a payment system to...

    John McMahon | March 14, 2018 | 4:15 am

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