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How Environmentalists Got New York to Restrict Bitcoin Mining

Advertisements New York, along with Texas, has become a hotspot for that debate, and Greenidge has become an unlikely poster child. Though other mining facilities, such as Riot Platforms’ center outside of Austin, Texas, have played bigger roles in the bitcoin mining debate, Greenidge occupies a prominent spot in discussions in Albany (New York’s capital city) and Washington, D.C. Advertisements …

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The crypto industry spent more than $130 million on the election. It paid off.

Advertisements Locked in a tight race for the U.S. Senate in Ohio, Republican candidate Bernie Moreno got a major boost in the weeks before the election: $40 million from the cryptocurrency industry. The money, which funded ads that aired across Ohio, was the most ambitious effort in an audacious multistate campaign by crypto firms to influence dozens of crucial congressional …

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DeFi Token CRV Tanks 30% as Curve Finance Founder Gets Liquidated

Advertisements The founder of the stablecoin lending and borrowing protocol Curve Finance, Michael Egorov, is seeing his position liquidated. He had over 111 million CRV tokens in collateral and $20 million in debt over four DeFi platforms, reported Lookonchain on June 13. As the price of CRV fell, other positions went underwater, causing a cascade of liquidations. The #Curvefi founder(Michale …

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