Mayor Eric Adams’ cryptocurrency portfolio – alongside those of nearly every other investor in digital coins – has taken a substantial hit this year. Ahead of taking office, Adams pledged to take his first three paychecks in cryptocurrency, using an app to automatically invest his net take-home pay in bitcoin...
A two-year moratorium on a process of generating cryptocurrency that has come under scrutiny from environmental organizations was approved Tuesday in the state Assembly. The measure heads to the state Senate, where a similar bill was previously approved a year ago. The pause on proof-of-work crypto-mining would also require the...
