New York
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...
New York State To End Indoor School Mask Mandate This Week
HipHopWired Featured Video Source: TIMOTHY A. CLARY / Getty The governor of New York State has seen enough of a decline in coronavirus rates to make the decision to end the statewide mask mandate in schools, which will take effect this week. On Sunday (February 27th), Governor Kathy Hochul announced that the mandate would be lifted after consulting with health and educational experts and taking declining COVID-19 trends into account. The lifting of the mandate would take place throughout the state on March 2nd. “With more New Yorkers getting vaccinated, and the steady decline over the past several weeks in cases and hospitalizations from Omicron, we are now entering a new phase of the pandemic. Because New Yorkers have stepped up, we can confidently remove the statewide mask requirement in...
Netflix announces new series on Bitfinex hack involving 120,000 Bitcoin
Streaming and production giant Netflix will soon produce a documentary series on the infamous Bitfinex hack — one of the biggest financial crimes from 2016 stealing 119,756 Bitcoin (BTC) — worth $72 million at the time. The Netflix documentary will be centered around a New York-based couple and their link to laundering nearly 120,000 BTC tied to the crime. According to Netflix, the documentary will be directed by American filmmaker Chris Smith with Nick Bilton as the co-executive producer. The announcement read: “Netflix has ordered a documentary series about a married couple’s alleged scheme to launder billions of dollars worth of stolen cryptocurrency in the biggest criminal financial crime case in history.” The plot is based on two main characters — Ilya Lichtenstein and Heather M...
Kanye West Joins Forces With Fivio Foreign and Alicia Keys on Drops ‘City of Gods’: Stream It Now
Kanye West does more surprises than Santa. The rap star jumps on board the surprise single “City of Gods,” an ode to the Big Apple with two of its favorite citizens, Fivio Foreign and Alicia Keys. If the west coast has the City of Angels, the east has its City of Gods. With an impassioned chorus, Keys inserts some soul into “City of Gods,” complementing the rhymes of her collaborators. On it, she sings: “New York City, please go easy on me tonight / Nеw York City, please go easy on this hеart of mine / ‘Cause I’m losing my lover to the arms of another.” The track dropped at midnight and is led by Foreign with assists from Keys and Kanye, who is credited on the release as Kanye West, not Ye as he now likes to be known. Explore See latest videos, charts and news See latest videos, charts and...
Event at New York Nightclub Ends Abruptly After Pepper Bombs Go Off
On Thursday, February 3rd at around 1:30AM, New York nightclub Nowadays hosted an event by black beyond, which featured an all-Black lineup. After attendees reportedly began coughing, excessively sneezing, and complaining of a burning sensation in their throats, the event abruptly ended. “At first, people were trickling out to the back patio,” Lamb, one of the night’s performers, told Resident Advisor. “I thought they were just getting some air or were part of a really big group who came together and were planning to leave. Then you could see a bit of commotion stirring–people were asking each other if they’d begun coughing and sneezing too. When the consensus was ‘yeah,’ almost everybody moved outside.” When the “mace-like&...
