Supreme Court rules in favor of Greenidge Generation crypto mining company
A New York State Supreme Court has ruled in favor of crypto mining startup Greenidge Generation, dismissing a petition by a coalition of environmental groups, the judge concluded that the petition was without evidence of environmental impact. Judge Daniel Doyle dismissed a petition against Greenidge Generation Holdings filed by a group of environmental organizations, including […]
Dogecoin price rises as Elon Musk features Dogecoin mascot during Cyber Rodeo event
The price of Dogecoin rose briefly after Elon Musk used drones to send a Dogecoin mascot into the sky during the inaugural event for the Texas Gigafactory. Elon Musk, the CEO of Tesla and a Dogecoin supporter, has warned that the launch event might be “the largest party on earth.” Because a number of neon-lighted […]
Kraken’s global headquarters in San Francisco shuts down
Kraken’s CEO Jesse Powell announced that the exchange’s global headquarters located in San Francisco has been closed due to insecurity experienced by members of staff in the area. Jesse Powell, the CEO of Kraken, announced on Twitter that the company’s global headquarters at 548 Market Street in San Francisco will close. Richie Greenberg, a political […]
Terra Buys AVAX Worth $200 Million For Reserves
The two primary firms supporting the Terra blockchain’s development have invested a total of $200 million in AVAX, and Near Protocol is said to be releasing a new stablecoin. The Avalanche Foundation has announced that Terraform Labs (TFL) and the Luna Foundation Guard (LFG) have purchased a total of $200 million in AVAX tokens from […]
Russian Prime Minister Declares That Russians Collectively Hold $130 Billion In Crypto
Russians reportedly own over $130 billion in crypto, although the government is yet to adopt legislation on crypto use. The Russian prime minister stated that Russians’ cryptocurrency holdings are worth billions of dollars, but the government has yet to develop a regulatory framework for the industry. Russians collectively own more than 10 trillion rubles ($130 […]