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new york

(Matt Anderson Photography/Getty Images, modified by CoinDesk)
New York's Latest Anti-Crypto Action
A proof-of-work mining moratorium is passed at the last possible moment.
(Matt Anderson Photography/Getty Images, modified by CoinDesk)

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

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)
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)

Markets Daily Podcast Cover
Crypto News Roundup for May 23, 2022
With bitcoin and ether prices trading flat over the weekend, plus a look at the noise in Niagara, CoinDesk’s "Markets Daily" is back with the latest news roundup.
Markets Daily Podcast Cover

Fugitive BitMEX CEO Arthur Hayes Reemerges to Weigh In on GameStop Saga
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.
Fugitive BitMEX CEO Arthur Hayes Reemerges to Weigh In on GameStop Saga

The Blockfusion crypto mining facility in Niagara Falls, New York. (Eliza Gkritsi/CoinDesk)
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.
The Blockfusion crypto mining facility in Niagara Falls, New York. (Eliza Gkritsi/CoinDesk)

hayes, bitmex
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.
hayes, bitmex

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

Niagara Falls, between the border of the U.S. and Canada in upstate New York. (Eliza Gkritsi)
NY Bitcoin Miners Start to Give Up on State Amid Regulatory Uncertainty
New York was once a draw for miners, but environmental concerns are weighing on the industry.
Niagara Falls, between the border of the U.S. and Canada in upstate New York. (Eliza Gkritsi)