Sierra Club leads lawsuit against NY town to prevent expanding Bitcoin mining operations

The lawsuit alleges Greenidge circumvented state laws by seeking regulatory approval “through two separate but interdependent approval applications.” Several organizations have filed a lawsuit against the town of Torrey, New York for approving a plan to expand a Bitcoin mining facility near one of the Finger Lakes. In court documents filed on Thursday in the […]

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Messari values Coinbase at $28 billion following IPO filing

Potential listing could provide a valuation anchor, not only for future crypto IPOs but also for crypto-native exchange tokens. Following cryptocurrency exchange Coinbase filing a draft registration for a public offering with the United States Securities and Exchange Commission yesterday, research company Messari has valued the company at $28 billion. Messari’s model examined the company’s […]

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