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When Michael Lewis first met him, Sam Bankman-Fried was the world’s youngest billionaire and crypto’s Gatsby. CEOs, celebrities, and leaders of small countries all vied for his time and cash after he catapulted, practically overnight, onto the Forbes billionaire list. Who was this rumpled guy in cargo shorts and limp white socks, whose eyes twitched across Zoom meetings as he played video games on the side?In "Going Infinite" Lewis sets out to answer this question, taking readers into the mind of Bankman-Fried, whose rise and fall offers an education in high-frequency trading, cryptocurrencies, philanthropy, bankruptcy, and the justice system.
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Advocates including a former mayor of Plattsburgh are urging New York state to place a moratorium on cryptocurrency mining and to deny a permit renewal for a converted power plant used for crypto mining in the Finger Lakes region.
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In 2021, Rensselaer Polytechnic Institute in Troy, New York and the Stevens Institute of Technology in New Jersey were awarded a National Science Foundation grant to create a research center on financial technology and science. Now the Center for Research toward Advancing Financial Technologies, or CRAFT, is hosting an industry conference at RPI Thursday and Friday to determine what projects to pursue.
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New York City, under Democratic mayor-elect Eric Adams, appears ready to embrace cryptocurrency, which has piqued the interest of some local elected officials.
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After nearly a year, the City of Plattsburgh has ended a moratorium on new or expanded cryptocurrency operations in the city.In March 2018, Plattsburgh…
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The city of Plattsburgh has ended its moratorium on new cryptocurrency operations in the city.In March 2018 the city council barred new operations in the…
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An update now to a story we’ve been following for months: the Plattsburgh Common Council has tabled a resolution that would lift a moratorium on new…
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Plattsburgh was one of the first cities to be awarded a $10 million New York State Downtown Revitalization Initiative grant. The primary area that will be…
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The New York state Comptroller’s Fiscal Stress Monitoring System ranks the city of Plattsburgh among 10 municipalities in the state under moderate stress.…
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At the most recent common council meeting, Plattsburgh officials were asked when the city’s cryptocurrency moratorium would end.In March, Plattsburgh…