New York
Law Decoded: The difference between New York City and New York State, April 25-May 2
Last week, New York dominated crypto media headlines in very different ways. In New York State, the local Assembly voted in favor of the bill that would ban for two years any new mining operations that rely on proof-of-work (PoW) consensus mechanisms and use fossil fuel-generated energy. A temporary moratorium, which could be extended after the state’s Department of Environmental Conservation provides its assessments of the industry’s carbon footprint, marks the first major legislative attack on PoW mining on environmental grounds in the United States. The push mobilized the community — after digital asset advocacy groups rang the alarm on Twitter. Then, proponents of the ban had to endure three hours of a heated debate to narrowly pass the draft. There’s hope for an even tighter fig...
Katie Taylor vs Amanda Serrano Predictions & Betting Tips for Undisputed Fight
KATIE TAYLOR takes on Amanda Serrano defending her WBC, WBO, WBA-Super and IBF world titles in the women’s lightweight division in the early hours of Sunday morning. Read on to check out our betting tips and predictions for this super-fight at Madison Square Garden. Taylor puts all of her world championship belts as well as her undefeated record on the line against one of the best woman in recent times to ever lace up a pair of gloves. Both women are elite fighters, which can only mean a cracking contest between two elites. On paper, this is a real 50/50 fight. Best Free Bet Offers Sites Highlights Register Katie Taylor vs Amanda Serrano prediction It is almost impossible to predict a winner in this fight. Both women are at the top of their game and are two of the best fighters ever to lac...
NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds related to virtual token distribution, misuse of private keys and hidden interests in crypto projects. The bill drafted by Sen. Thomas, Senate Bill S8839, calls for defining, penalizing and criminalizing frauds specifically targeted at developers and projects that intend to dupe crypto investors. A snippet of Senate Bill S8839. Source: nysenate.gov Through the bill, Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud. It calls for a law amendment that will imply rug pull charges on developers that sell “more than 10% of such tokens within fiv...
New Music Festival to Bring Galantis, SG Lewis, More to Brooklyn for Pride Month
Pride Month is primed for a fresh dose of electronic music in New York. Planet Pride is a fusion of six New York pride parties: including Dreamland, WE Party, XLSIOR, ZeroSpace, Ty Tea and Love Prism. The one-day event is set to take place on June 25th at Brooklyn Mirage and will feature 12 hours of music and drag shows across three stages. And the lineup is no slouch, bringing the likes of Galantis, SG Lewis, LP Giobbi and a “surprise pop star,” among others. Planet Pride Lineup Scroll to Continue Recommended Articles Planet Pride attendees will also be partying with purpose. Organizers are giving back, directing some of the festival’s proceeds to Heritage of Pride as well as Giobbi’s acclaimed FEMME HOUSE organization. Giobbi was recently named EDM.com‘...
BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York
The cost of running a crypto business in New York is about to rise with the state government gearing up to require companies holding a BitLicense to pay assessment fees to ensure they’re complying with regulations. The rule was included in New York State’s FY2023 budget signed into law on April 9th by Governor Kathy Hochul giving the state’s Department Of Financial Services (DFS) a “new authority to collect supervisory costs from licensed virtual currency businesses,” according to a statement by the DFS. DFS Superintendent Adrienne Harris said the fees would bring virtual currency businesses in line with those already paid by institutions such as banking and insurance companies and added: “New York was the first to start licensing and supervising virtual currency companies, and we co...
Who Is Frank James, The Alleged NYC Subway Shooter?
HipHopWired Featured Video Source: NYPD / NYPD As New York City is still shaking off the effects of the brutal shooting attack on a subway train in Brooklyn yesterday, authorities have zeroed in on one man, naming him as their main suspect. The New York Police Department has named Frank James as their main suspect Wednesday (April 13th) in the heinous shooting on a northbound N train pulling into the 36th Street station during the morning rush hour at 8:24 A.M. on Tuesday (April 12th). The 62-year-old was identified at a press conference held by the department yesterday evening as a “person of interest”, but they have made the change based on information obtained during their current investigation of his social media posts. Related Stories The information includes a series of videos made b...
NY Lt. Gov. Brian Benjamin Resigns After Shocking Arrest
HipHopWired Featured Video Source: Michael M. Santiago / Getty The once-promising career of New York Lieutenant Governor Brian Benjamin has apparently crashed and burned, as he has resigned his position after being arrested by federal authorities. On Tuesday (April 12th), Benjamin resigned from his post after leaving a federal courthouse in Manhattan. The second-in-command to Governor Kathy Hochul had surrendered to Federal Bureau of Investigation agents that morning. Governor Hochul confirmed the news in a statement through her office released in the afternoon. “I have accepted Brian Benjamin’s resignation effective immediately. While the legal process plays out, it is clear to both of us that he cannot continue to serve as Lieutenant Governor. New Yorkers deserve absolute confidence in t...
Tiësto Announces Two Shows for Brooklyn Mirage Debut In Summer 2022
Global dance music titan Tiësto will be making his Brooklyn Mirage debut in New York on July 14th and 15th. These two shows will be his biggest solo performances in the city in years, according to a press release shared with EDM.com. The Brooklyn Mirage is a spectacular outdoor space with a state-of-the-art sound system and three-dimensional video projection mapping technology. In 2021 alone, Tiësto amassed a staggering one billion Spotify streams and currently has over 70 million monthly listeners around the globe. His track “The Business” was also recently nominated for a Grammy and became certified Platinum in the U.S. with more than 1.3 billion streams to date. Tickets for the Brooklyn Mirage shows are currently on sale now and can be purchased here. Scroll to Con...
Is Austin the next US crypto hub? Officials approve blockchain resolutions
Innovative cities across America are racing to become the next hot spot for cryptocurrency and blockchain adoption. Miami was the first city to adopt its own part of CityCoins last year, allowing it to implement its own cryptocurrency called “MiamiCoin” to be used for civic engagement. New York City has also made a name for itself as a crypto-friendly city by implementing educational initiatives and withMayor Eric Adams receiving his paycheck in Bitcoin (BTC) in January this year. Austin takes a strong stance Most recently, Austin — the state capital of Texas that goes by the slogan “Keep Austin Weird” — has taken a strong interest in cryptocurrency and blockchain technology. While Texas’ desire to lead the way for crypto innovation was established about a year ago when G...
Recent Gun Attacks On Homeless In DC & NYC May Be Connected: Report
HipHopWired Featured Video Source: D-Keine / Getty A spate of crimes against homeless individuals in New York and Washington, D.C. is raising concerns for the safety of the vulnerable population. According to a new report, it appears that the rash of five violent shootings is connected, and has left two dead with a potential sixth victim also lumped into the ongoing investigation. The Washington Post looked into the matter and highlighted a link between the crimes after Metropolitan Police Department officials released a video of a person of interest in the crimes and announced the department is working in conjunction with New York Police Department officials on the case. Since March 3, five people were shot with two of the individuals perishing. “We need everyone to take a moment to watch...
New York state ramps up blockchain monitoring to enforce sanctions
New York state’s efforts to enforce sanctions against Russia have ramped up a gear with the Department of Financial Services, or DFS, expediting the procurement of additional blockchain analytics technology. According to a statement released Wednesday, the department will use the technology to help detect exposure to Russian individuals and entities subject to federal sanctions, by the virtual currency businesses licensed by the department. NY Gov. Kathy Hochul issued an executive order Feb. 27 directing state agencies to divest from Russian institutions and companies, as well as entities that provide them with support. She said: “New York is proudly home to the nation’s largest Ukrainian population and we will use our technological assets to protect our people and show Russia that w...
True Tickets powers blockchain-based Broadway tickets sales
True Tickets, the blockchain-based digital ticketing platform, made its Broadway debut last fall in collaboration with the Roundabout Theatre Company in New York City. After a “successful” run thus far delivering digital tickets to the Trouble in Mind play and Caroline, or Change musical, Matthew Zarracina, co-founder and CEO of True Tickets, talks blockchain and ticketing with Cointelegraph. When a prospective theatre-goer completes a ticket purchase on the Roundabout website and chooses a digital delivery, as opposed to picking up a ticket at will call or printing it at home, that’s True Tickets cue to come in. Built on the Hyperledger Fabric platform that runs on the IBM Blockchain and deploys to Google Cloud, True Tickets provides the infrastructure that generate...
