đź‘‹ Want to work with us? CryptoSlate is hiring for a handful of positions! Lawmakers in New York passed a bill that would ban new Proof-of-Work (PoW) mining operations from setting up shop in the state. The bill is now headed to the desk of New York’s governor Kathy Hochul, who will sign it into…
The New York State Assembly has passed a mining moratorium bill to pause all crypto mining development for two years. The essence of the moratorium is to give the state enough time to examine the impact of mining in the state. Two-year moratorium on carbon-fueled mining Assemblymember Anna Kelles sponsored the Bill designed to prevent…
Oklahoma lawmakers are in the final stages of introducing legislation that would make the state the new cryptocurrency mining hub in the U.S. Called the “Commercial Digital Asset Mining Act of 2022,” the proposed bill would see the state provide various incentives to businesses in “innovative technological industries” that set up shop in Oklahoma. Cheaper…
Russia’s Deputy Minister of Energy said that cryptocurrency mining in the country should be fully legalized as soon as possible. This Saturday, the minister addressed the legal vacuum cryptocurrency mining exists in, saying that the fact that the industry is regulated federally, instead of locally, significantly hinders its development. More officials in Russia want more…
85% of DeFi users are riding the NFT wave, with US collectors leading the front Non-fungible tokens (NFTs) have gained popularity over the last two months, according to DappRadar, a data acquisition and analysis company that tracks decentralized applications (dapps) across multiple blockchains, which attracted more than 500,000 users during July 2021. 2 min read…