New York
For greater good: NY judge allows Celsius to mine, sell Bitcoin
Not even 24 hours after revealing a three-month cash flow forecast that threatens total exhaustion of funds, a New York judge allowed crypto lender Celsius Network to mine and sell Bitcoin (BTC) during its bankruptcy. Since July 2022, Celsius Networks stands at the crosshair of United States officials after reports of bankruptcy surfaced, which risks losing the live savings of numerous crypto investors. Last week many got very upset with me as I said @CelsiusNetwork would run out of money & solutions needed to be acted upon faster. I was told I don’t understand Chapter 11. They have now confirmed they run out of money by October. https://t.co/CyzjgKpId7 pic.twitter.com/vBIRIGEmG2 — Simon Dixon (Beware Impersonators) (@SimonDixonTwitt) August 15, 2022 During the second day of the case h...
Brooklyn Museum Honors Virgil Abloh’s Legacy With Stimulative Exhibition
The life of DJ and fashion design visionary Virgil Abloh will be remembered in a reflective exhibit at the Brooklyn Museum. Open through January 29th, 2023, the exhibition, dubbed “Virgil Abloh: Figures of Speech,” highlights the late creative’s epoch-making journey through many facets of architecture, design, fashion and music. It was curated by Michael Darling and originally opened at the Museum of Contemporary Art Chicago in 2019. Prior to his tragic death in November 2021 from a rare form of cancer, Abloh had already spun up ideas with curator and writer Antwaun Sargent for the Brooklyn Museum’s exhibit. It opened July 1st and was completed by Abloh’s studio, Alaska Alaska, and designer Mahfuz Sultan. Brooklyn Museum members can attend...
Crypto miner Digihost plans to move rigs from New York to Alabama
Digihost, a United States-based cryptocurrency mining company, has announced plans to move part of its fleet from New York to Alabama in an effort to lower energy costs. In a Tuesday announcement, Digihost said its 55-megawatt (MW) facility in Alabama — which the company acquired in June — will host some of its crypto miners from New York, leading to lower operating costs. According to the mining firm, it aims to have a hashing capacity of 28 MW at the Alabama facility by the fourth quarter of 2022, and 55 MW by the second quarter of 2023. Like other crypto miners dealing with rising energy costs amid a bear market and record heat in parts of the United States, Digihost reported that it sold Bitcoin (BTC) produced in July. As of July 31, the company reported it held roughly 220 BTC and 1,0...
New York AG calls for whistleblowers ‘deceived or affected’ by the crypto market crash
New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility to file a complaint as a whistleblower. In a Monday notice, James called on New York-based crypto users who have been locked out of accounts at exchanges or lending platforms, unable to access funds, or “deceived about their cryptocurrency investments” to contact the Office of the Attorney General. As a whistleblower, an individual filing a complaint with authorities could be kept anonymous — the New York Attorney General’s website already includes the option to submit relevant documents and information through a Tor Browser. “Investors were promised large returns on cryptocurrencies, but instead lost their hard-earned money,” said...
SEC dismisses claims against John McAfee, fines accomplice for ICO promo
The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee and accomplice Jimmy Gale Watson, Jr., filed on October 5, 2020. In the original complaint, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them. Watson allegedly assisted McAfee in negotiating promotional deals with ICO issuers and cashing out the crypto payments, among other pump-and-dump charges. The U.S. District Court for the Southern District of New York found Watson guilty of violating the law and imposed a cumulative fine of $375,934.86. In addition, Watson has been barred from participating in ICO-related issuance, purchase, offer o...
10 Photos That Capture the Wild Spirit of Mayan Warrior In New York
Radical self-expression, extreme self-reliance, pronounced counterculture, thumping music and one-of-a-kind art installations—there’s a lot that makes Burning Man special. But for those who can’t make the quest to Nevada’s Black Rock desert, Mayan Warrior offers a taste of the experience outside the playa. Mayan Warrior, a collective of artists, craftsmen, photographers, designers, technologists and architects from Mexico City and Northern California, is behind one of Burning Man’s hottest art cars, a colossal custom truck that blends Mayan and Huichol art with modern technology. 2022 marks the collective’s 10th anniversary, and the art car is on tour in the U.S. to celebrate. On its most recent tour stop, Mayan Warrior held a doubleheader in New York, where the striking art car took...
Dom Dolla Primed for Huge Debut at Brooklyn Mirage
New York will get a huge taste of Aussie-flavored tech house this weekend, when Dom Dolla descends on Brooklyn Mirage He’ll make his debut on July 1st at the famed New York venue, where he’ll perform an extended DJ set. “I’ve never been so ready,” he tweeted. “This is surreal.” Joining Dolla are Australian compatriot Torren Foot, Hot Creations co-founder Lee Foss, New York native Westend and Abco. Driven by infectious hooks and emphatic basslines, Dolla’s early singles took the Melbourne dance music community by storm. “You,” “Be Randy” (with Torren Foot) and “Take It”—released in 2016, 2017 and 2018 respectively—all topped the ARIA Club Chart. However, it was the seductive “Take It” that put him on the international stage. The track, crafted ...
Avant Gardner Acquires Made Event, Electric Zoo for $15 Million
New York City’s most popular EDM venue has taken over its premier electronic festival. Last week, Billboard reported that the investment group behind Brooklyn hotspot Avant Gardner is purchasing New York promoter Made Event for $15 million from LiveStyle. Settled earlier this month, the deal includes Made Event’s crown jewel, Electric Zoo, the biggest electronic dance music festival in New York. As a result of the acquisition, Avant Gardner will operate Electric Zoo this year. The 100,000-capacity fest annually takes place over Labor Day Weekend and boasts an array of famed DJs like Porter Robinson, Martin Garrix, DJ Snake, and Carl Cox. Electric Zoo. Alive Coverage Despite a strong foothold in New York’s dance music scene, Avant Gardner and Made Event have varied bac...
Kygo Announces Massive Headlining Show at Madison Square Garden
Kygo‘s dreams are coming true. The pioneering tropical house artist has announced a massive headlining show at Madison Square Garden on October 6th, marking first show in New York since 2018 and biggest to date. “It’s been a venue I’ve always dreamed of playing one day,” Kygo said in an Instagram post. You can purchase tickets here starting Friday, June 24th. Scroll to Continue Recommended Articles Kygo recently announced a brand new oceanfront music festival in Croatia called Palm Tree Music Festival The Getaway: Croatia Edition, which is set to take place on Zrce Beach on the Adriatic island of Pag. Alongside the impeccable curation of artists like Nora En Pure and Oliver Heldens, attendees will be able to indulge in pool parties, catamaran outing...
New York Legislature Passes Bill Banning Incorporation of Hidden Fees In Concert Tickets
New York concertgoers may soon be skipping the step of squinting at the fine print when snagging tickets to their next show. New York state legislature has reportedly sent a new bill to Governor Kathy Hochul’s desk that effectively bans the practice of incorporating hidden fees into the price of concert tickets. Instead, ticket vendors will be required to disclose the “all-in” price up front, thereby eliminating the practice of piling on an array of fees while creating a long and arduous transaction process. “I agree with the statement that people should pay, and will pay, whatever they want to pay for a ticket,” Senate Investigations and Government Operations Committee chair James Skoufis told Billboard. “But they should know what that is. Oft...
New York State to Ban Hidden Fees on Concert Tickets
New York legislation requiring ticketing companies to display “all-in” ticket prices now awaits Gov. Kathy Hochul’s signature after passing the state senate on Thursday and the assembly on Friday (June 3). Those and other new rules are meant to bring “honesty” into the ticket market, the bill’s sponsor, James Skoufis (D-Hudson Valley), chair of the Senate Investigations and Government Operations Committee, tells Billboard. Hochul must sign the bill before the existing law expires on July 1. Most notably, the bill requires primary or resale web pages for events in New York to disclose an “all-in” price that includes the ticket price inclusive of all ancillary fees, and show “in a clear and conspicuous manner” the portion of the price that represents a service charge or any other fee. The fi...
Jig’s Up: Shoplifting Ring In NYC Is Charged With Stealing Over $4 Million In Goods
HipHopWired Featured Video Source: Pacific Press / Getty Retail chains in the Big Apple apparently need to step their security up. A shoplifting ring is accused with taking almost $4 million dollars worth of merchandise. As per Gothamist a crew of over 40 individuals are being investigated for organizing a thievery cartel. On Thursday, May 26 New York Attorney General Letitia James and New York City Mayor Eric Adams announced the takedown of a massive retail theft operation in New York City that stole and resold millions of dollars in goods. As outlined in the indictment unsealed that day, 41 people were charged for their roles in this crime ring that stole luxury clothing and goods and thousands of items from drug stores that were then resold on eBay. Related Stories During the three...
