ChainCatcher news, according to a report by CoinDesk citing sources, a court in Singapore has approved a four-month stay of payment for the Indian cryptocurrency exchange WazirX under certain conditions.The conditions imposed on WazirX include disclosing its wallet addresses through a court affidavit, responding to user inquiries, revealing its books within six weeks, and ensuring that any future voting takes place on an independent platform.WazirX lost $234 million in a hack in July, accounting for about 45% of customer funds, and the company had previously submitted a six-month stay application to the Singapore High Court.

ChainCatcher news, according to AP News, New York Governor Kathy Hochul signed legislation on Tuesday that takes a nationwide first step to curb the spread of cryptocurrency mining. The new law stipulates that fossil fuel power plants used for energy-intensive "proof of work (PoW)" cryptocurrency mining will have new and renewed air permits suspended for two years.The law also requires the Department of Environmental Conservation to assess how cryptocurrency mining affects the state's ability to achieve its climate goals. Hochul explained that she will ensure New York continues to be a hub for financial innovation while taking significant steps to prioritize the protection of our environment. (Source link)