Ethereum Is Manhattan and Everyone Is Moving to the Suburbs

Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations conducted over the past ten months.” The authority said: “We are returning that money to the victims of these schemes — while raising awareness to prevent future fraud.” $1.3 Million in Cryptocurrency Frozen Manhattan District Attorney (DA) Alvin Bragg announced Thursday that his office has “frozen more than $1.3 million in cryptocurrency during fraud investigations conducted over the past ten months.” Bragg detailed,....

Do you have a spare 30,000 BTC lying around with no place to spend it? Then you should consider heading for New York. The Manhattan-based real estate brokerage firm Bond New York has announced it will be accepting bitcoin as payment for property transactions. This means that anyone with an overloaded wallet will be able to invest in properties in Manhattan, Brooklyn and even in Honduras from the middle of next week. Have you always wanted to open your own Manhattan bar? Then you could cough up 148.14 BTC for a 186 square meter "thriving bar with karaoke rooms on top of a busy Japanese....

Despite being America's most populated city, New York City hasn't seen a terrible lot of bitcoin ATM action (namely the Manhattan borough) since the rainfall of ATM machines from a slew of manufacturers have seemingly rained down all over the world. But according to New Hampshire-based Lamassu (the bitcoin ATM manufacturer who would appear to have the most devices out in the wild), their very first unit has touched down in Manhattan. The company tells us it's the first bitcoin ATM in Manhattan, full-stop, but we cannot independently verify that information (New York City is massive, after....

The island of Manhattan in New York City - populated with over 1.5 million individuals and countless more, aggressive birds that won't hesitate to steal your lunch - has received it's second bitcoin ATM. Given that it's New York City, it's rather hard to believe it's taken this long, and New Yorkers have the folks over at PYC to thank for the machine. The first ATM, installed in the late summer at a jewelry store in West Village, made headlines even on major papers for the simply reason that it was the first known bitcoin ATM to hit Manhattan, but we'd expect this second launch to come....

Emilio Pagan-Yourno says he has a strong drive to succeed, which is why he decided to create the first company to place Bitcoin ATMs (Bitcoin transaction machines, or BTMs) in New York, Vermont and New Hampshire. In the beginning, he had the idea to “just put these machines all over.” He explains: Pagan-Yourno is in his last semester at Marist College in Poughkeepsie, NY, studying information technology systems, a major that he calls “simple.” He says he’s been “bored since his sophomore year.” The boredom led him to seek ways to keep himself busy doing things that were interesting. “My....