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The cold winds of crypto winter keep blowing. On Tuesday, cryptocurrency lender Voyager Digital , becoming the latest crypto company to falter since the market began to crash in April. A buying, trading and lending platform, Voyager Digital is estimated to have between $1 billion and $10 billion in both assets and liabilities.

Voyager Digital CEO Stephen Ehrlich said in the filing that the company’s bad financial state was caused by two issues. First, high inflation and rising interest rates , with bitcoin down 60% from its all-time-high in 2021. Second, Three Arrows Capital, a crypto hedge fund, defaulted on a $650 million loan issued by Voyager in March. 

It’s an example of the contagion effect that’s helped drive down crypto in recent months. The contagion began with Luna, a . That crash wiped around $14 billion from the market, inflicting huge losses on firms holding TerraUSD and Luna. Singapore-based Three Arrows Capital . The hedge fund filed for Charter 15 bankruptcy last week — just days after Voyager Digital issued a notice of default on the $650 million it had loaned 3AC.

The past few weeks have seen Peter Thiel-backed crypto lender Vauld , nfl jersey crypto broker Genesis lose hundreds of millions due to the bankruptcy of 3AC, and news that a Korean investment fund lost . 

Three Arrows Capital managed a fund estimated to be worth $10 billion back in March, . Three Arrows Capital was contacted for comment but did not immediately respond. 

While 3AC is in the , Voyager Digital’s leaders hope the bankruptcy filing is the first part of a turnaround. Chapter 11 bankruptcy procedures allow companies to plan restructures and turnaround strategies while protecting them from civil litigation. New Jersey-based Voyager Digital was listed on the Toronto Stock Exchange before trading of its stocks were suspended following the bankruptcy filing. 

“This is not a ‘free-fall’ filing without direction,” the filing reads. “On the contrary, Voyager has a path forward and a plan to swiftly bring these chapter 11 cases to an appropriate conclusion.” A plan , subject to change and pending court approval, would see Voyager customers with crypto in their wallets recieve proceeds from 3AC’s ecovery, shares in the reorganized Voyager Digital company, as well as Voyager crypto tokens.

Voyager Digital’s bankruptcy filing comes days after it suspended withdrawals and trading on its platform last Friday. 

After falling precipitously during the height of the pandemic, rents have bounced back, according to a . In fact, rental prices are at an all-time high from coast to coast.

George Ratiu, senior economist at Realtor.com, said rent spikes in areas like Florida and the rest of the Sun Belt might be the most surprising to some people. 

“Cities like Jacksonville and Orlando are traditionally quite affordable — and historically, places where young professionals might go to start their careers,” he told CNET. “But their business-first approach toward the pandemic left them with relatively strong economies and a large influx of residents.”

Below, check out the 12 cities with the biggest percentage rent increase over the past year. For more, learn and learn whether you .

Why cities are seeing big rent spikes 

Increasing rents are a sign that cities are returning as desirable destinations for professionals, said Realtor.com economist . 

“The pandemic is receding, at least the regulatory and legislative response to it,” Ratiu told CNET.

Texas and Florida, in particular, “had really fast rebounds,” he added. Both states had multiple metro areas in the top dozen year-over-year rental increases nationwide.

A also found South and Central Florida were the most in-demand markets for renters. It examined criteria like how many days apartments sat vacant, how many prospective renters applied for each unit, what percentage of renters renewed their lease and the percentage of apartments that were occupied.Miami-Dade County emerged as the nation’s most competitive rental market, according to RentCafe’s report.

But Raitu said rents in cities that had more drastic shutdowns — like Boston, Los Angeles and New York — are rebounding, too. 

According to Realtor.com’s findings, four out of five of the most expensive cities in which to rent a one-bedroom apartment are in California — San Jose ($3,324), San Diego ($3,182), San Francisco ($3,171) and Los Angeles ($3,051) — with New York City ($2,989) the lone outlier.

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“The allure of cities has not gone away,” Raitu said. “The pandemic cast a long shadow on densely populated areas, but people are on the move again.”

A shortage of housing stock and higher interest rates have also made renting more attractive. Even with rents reaching new highs, renting is still more affordable than buying a starter home . 

Nationwide, the average mortgage on a first home in June was 30% higher than the typical rent payment. 

Cities with the biggest rent increases

12. New York City

In the New York metro area — which encompasses all five boroughs, as well as Newark and Jersey City, New Jersey — the median rent on a one-bedroom apartment reached $2,693 in June 2022, a touch over 18% over last year.Not all neighborhoods are equal: According to a separate by Douglas Elliman and Miller Samuel, the average rental in Manhattan topped $5,000 in June for the first time ever. That’s more than 20% higher than June 2021, when $3,922 was the average.

11. San Antonio

Median rents in the San Antonio-New Braunfels area rose just over 18% to reach $1,296 a month.Occupancy rates are at 92.6%, the second highest in Texas after Dallas’ 93.2%, according to .

10. San Jose, California  

In the San Jose metro area, which includes Sunnyvale and Santa Clara, median rents rose just under 19%, to $3,104 a month.

In March, the San Jose City Council was expected to vote on the Community Opportunity to Purchase Act, or COPA, which would bring more affordable housing to Silicon Valley.

But vote on the bill, which would give qualified community organizations the first shot at purchasing rental properties, was first postponed to October and .

9. Dallas

In the Dallas-Fort Worth-Arlington region, the median rent on a one-bedroom unit also rose about 19%, to $1,567.

“It’s insane. The rental market here is as crazy, if not crazier, than the sales market,” realtor Rogers Nealy . “It’s just a very classic case of economics 101… where, thankfully, the demand is substantially higher than the supply.”That may shift: There are than anywhere else in the US, according to the Dallas County Appraisal District.

8. Raleigh, North Carolina

After dipping in late 2021, rents in Raleigh have ratcheted back up: Renters in The Triangle area are paying about $1,562 a month for a one-bedroom apartment. That’s still affordable compared with many other metro areas, but it’s 19% more than this time last year. 

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7. Charlotte, North Carolina

In the metro area that includes Charlotte, Concord and Gastonia, North Carolina, rents rose a little over 19%, to $1,659.

6. Boston      

In June 2022. the median rent for a one-bedroom in the Boston metro area — incorporating Cambridge, Massachusetts, and Newton, New Hampshire — was $2,757, or roughly 20% more than it was last year.”We’re coming out of COVID,” Melvin Viera Jr., president of the Greater Boston Association of Realtors,  in April. “People are starting to realize that, ‘Hey, can I live back in the city again.’ Also, we have a lot of colleges. So you have that pressuring demand.”

5. Providence, Rhode Island

The median rent for a two-bedroom unit in the Providence-Warwick metro area is now $1,908, a little under 23% more than it was in 2021.

4. San Diego

Rents for one-bedroom units in the San Diego-Carlsbad region of California rose 23%, to $2,943. A February found that, when looking at incomes and median home prices, mlb jersey San Diego surpassed San Francisco as the least affordable housing market in the US.

3. Orlando, Florida

Rents in the Orlando-Kissimmee-Sanford metro area have jumped 23% since last year, reaching $1,833 for a one-bedroom apartment.

Since the start of the pandemic, the average Orlando renter has seen an increase of $380 per month. 

“We have an affordability crisis right now,” Lisa McNatt, Orlando market analyst for rental-tracker CoStar, . “Orlando used to be a very affordable home market.” 

2. Austin, Texas

In the decade prior to the pandemic, the Texas capital saw a population explosion of and the arrival of tech giants like Apple, Google, Oracle and Tesla. Now that COVID worries have receded, rents in the Austin metro area have increased again.The median rent for a one-bedroom unit spiked almost 24% from last year, to $1,720.

1. Miami 

According to Realtor.com, rents in the Miami metro area — which includes Fort Lauderdale and West Palm Beach — saw the biggest spike, fueled by East Coast remote workers looking for warmer weather, lower taxes, more outdoor spaces and looser pandemic restrictions. The median rent on a one-bedroom apartment in Miami is now $2,494 a month, nearly 32% more than in 2021.

You’ve heard of wireless standards like , and . Now it’s time to learn about another: ultra wideband, or UWB.

The technology, which has begun arriving in phones, tracking tags and a few cars, uses radio signals to pinpoint a device’s location. UWB is the foundation of tracking tags like  and , which can help you find a lost keychain, purse, wallet or pet. In a few cases, like the like the , UWB lets you unlock your car as you approach with your phone, and it should let you do so with your home’s front door, too.

UWB calculates locations to within less than a half inch by measuring how long it takes super-short radio pulses to travel between devices. It can also transfer data — indeed, that’s what it was originally designed to do more than a decade ago — but for now, that’s a sidelight compared to precise positioning.

For now, UWB’s uses are limited. But as it matures and spreads to more devices, UWB could lead to a world where just carrying your phone or wearing your watch helps log you into your laptop as you approach or lock your house when you leave.

Apple is one of the biggest UWB fans. It designed its own UWB chip, the U1, and builds it into iPhones, AirTags and Apple Watches. That’s how newer iPhones use “precision finding” to lead you to an an AirTag-equipped keychain or Apple Watch within range. Carmakers including , BMW, Hyundai and  are hot for UWB, too.

“Being able to determine precisely where you are in an environment is increasingly important,” said ABI Research analyst Andrew Zignani, who expects shipments of UWB-enabled devices to surge from 150 million in 2020 to 1 billion in 2025. “Once a technology becomes embedded in a smartphone, that opens up very significant opportunities for wireless technology.”

Congress grabs much of the spotlight in political news coverage, and there are good reasons for that. From to passing the federal budget, it considers hugely important matters. But the Senate and House of Representatives aren’t the only elected bodies in the US making big decisions. tackle issues that directly affect your life, often considering even more critical topics than what comes out of Washington, DC. 

Remember that under the to the US Constitution, powers not delegated to Congress are reserved to the states. Legislatures determine tax rates, decide how and when you can vote, establish family and criminal law, make zoning and workplace regulations, choose presidential electors and a lot more. They also regularly delve into hotly contentious issues like , and . And whatever they’re considering, legislatures typically and with more fervor than Congress can ever muster (one reason they move faster is that ).

But just as the 50 states vary widely in culture, geography and history, the 50 legislatures differ sharply from each other in their structure, schedule and scope. From Alaska to Florida and everywhere in between, here’s an overview of the state legislatures and what you need to know about how they operate. 

Who are my state reps?

You can find your state representatives either through or through a third-party group like . And it’s important you do so. You can keep tabs on how your members vote, and you can contact them when you have something to say. Not only that, but politicians often use a as a launching pad for higher office, whether it’s the governor’s mansion, Congress or even (eventually) the White House.

When they meet and how often

All state legislatures , with four exceptions. Montana, Nevada, North Dakota and Texas, the nation’s second most populous state, , meet only in odd-numbered years.

When legislatures do meet, the varies widely across the map. Thirty-nine states , usually through the state constitution. That means they must adjourn either after a certain length of time, like in 2022, or on a specific date. But whatever the method, most states in this group commence their sessions in early January, similar to the US Congress, and wrap up by June.

Exceptions abound, though. , and (to name a few) can start as late as February or March. Lawmakers in and may meet as late as November depending on the year.

The remaining states, including Illinois, Michigan, New Jersey, New York, Ohio, Pennsylvania and Wisconsin, do not have fixed length, instead meeting periodically throughout the year.

But then are special sessions

Outside of the regular sessions, legislatures may meet for . They’re held for a variety of reasons, such as the decennial of state and federal legislative boundaries, settling the state budget or finishing outstanding business left over from when the regular session ended. Special sessions may also convene to address a specific issue, such as met to debate, and eventually legalize, marriage equality in the Aloha State.

In 36 states, either the governor or the legislature itself can convene a special session. But in Alabama, Arkansas, California, Idaho, Indiana, Kentucky, Michigan, Minnesota, Mississippi, North Dakota, Rhode Island, South Carolina, Texas and Vermont only the governor may call one.

A full-time job?

While being a member of Congress is a full-time job, in most states being a legislator is not. And here again it can get complicated. The National Conference of State Legislatures, a nonpartisan advocacy group that represents state and territorial legislatures at the federal level, .

In “green” states, the NCSL says, lawmakers earn enough (an average of $82,000 per year) so that they may not need outside employment. They typically have a large staff, as well, and spend enough of their time (at least 84%) on legislative activities, whether it’s in session or in committee work at the state capital, constituent services in their home districts or campaigning. States in the group either have large populations, their members meet for longer periods or their legislative districts are large or geographically dispersed. Green states include , California, Hawaii, Illinois, Massachusetts, Michigan, New York, Ohio, Pennsylvania and Wisconsin.

Members in “gold” states spend half of their time on legislative duties and need another job since their pay is quite low (an average of $18,000 per year). Most of the states in this group are rural or sparsely populated. The list includes Idaho, Kansas, Maine, Mississippi, Montana, New Hampshire, New Mexico, North Dakota, Rhode Island, South Dakota, Utah, Vermont, West Virginia and Wyoming. These states are said to have “citizen legislatures.”

If your state isn’t listed above, it’s in the NCSL’s hybrid “gray” group. Representatives spend about 75% of their time on the job and make an average of $41,100 per year, which usually isn’t enough to live off, depending on the person. They employ more staff than in gold states, but less than in green states.

How much they’re paid

This isn’t an easy topic to boil down to a few paragraphs, so I’ll stick (thank you, again, NCSL).

Every state but pays their lawmakers a salary. Most are paid on an annual basis, but a few, including Kansas, Nevada, Vermont and North Dakota, pay by the month, week or each day the legislature meets. Maine takes a different route by paying a fixed amount for the entire session. Of the states with a salary, California pays the most ($115,000 per year), and New Hampshire pays the least ($100 per year).

Legislators in all states are compensated for to and from their districts and most can claim a for meals and lodging for when staying in the state capitol. Connecticut, Delaware, New Hampshire, New Jersey and Rhode Island do not pay a per diem. All states but Alabama, Arizona, Arkansas, Colorado, Delaware, Georgia, Indiana, Mississippi, Nevada, New Hampshire, New Mexico, Ohio, Rhode Islands, South Dakota, Utah, Vermont, and West Virginia allocate additional money for hiring a staff and maintaining office space.

How many members

Nebraska , with just 49 members. But Nebraska is also the only state with a , meaning that it has only one house (an arrangement common in of Canadian provinces). Nebraska dissolved its lower chamber, the House of Representatives, in 1937. All members are called “senators.”

The smallest bicameral legislature is Alaska, with 40 members in the House of Representatives and 20 in the Senate. The largest legislature is little New Hampshire. With only , the country’s 41st most populous state, it elects 24 senators and 400 representatives. The lower house is the in the world after the US House of Representatives and 650-member UK . Minnesota’s legislature has 201 members, but it also has the country’s largest upper house with 67 senators.

Though it’s the most populous state, with , California’s legislature ranks only 35th in size, with 80 members in the Assembly and 40 in the Senate. That means the Golden State’s lawmakers also represent the most people . California’s senators represent an average of 988,456 constituents, each while assembly members represent an average of 494,228 each.

Not surprisingly, New Hampshire’s residents get the most say in their lower house. Each representative speaks for just 3,444 people. But it’s North Dakota’s senators that represent the fewest people with an average of 16,576 constituents each.

While the majority of states elect one member per legislative district for both houses, four states — Washington, Arizona, South Dakota and New Jersey — use .

Term length and limits

Like the US House of Representatives, most states to two-year terms. Alabama, Louisiana, Maryland and Mississippi stand out from the pack by having four-year terms.

Most state senators are elected for four-year terms. The exceptions are Arizona, Connecticut, Georgia, Idaho, Maine, Massachusetts, New Hampshire, New York, North Carolina, Rhode Island, South Dakota and Vermont, which have two-year terms.

Just , which typically are between eight and 12 years. They are Arizona, Arkansas, California, Colorado, Florida, Louisiana, Maine, Michigan, Missouri, Montana, Nebraska, Nevada, Oklahoma, Ohio and South Dakota. 

Who’s in your statehouse?

Currently the Republican Party in 30 states, and the Democratic Party has the majority in both houses of 17 states. In Minnesota and Virginia, party control is split between the two chambers. Though Nebraska’s legislature , senators belonging to the Republican party make up the majority there. 

The partisan gap is narrower, though, when you look at the total number of legislators in the country. Of 7,383 state lawmakers nationwide 54% are Republicans, 45% are Democrats and the rest are either independent or belong to another political party. 

Men , with women making up 31% of legislators. Nevada is the only state with (61%), while West Virginia has the fewest women members (12%). 

What’s in a name?

The of the legislative branch in most states is either the State Legislature or the General Assembly. Massachusetts and New Hampshire go old school by calling their bodies the , a term left over from the colonial period. 

The lower house in most states is called the House of Representatives. California, Nevada, New Jersey and New York call their lower houses the State Assembly, while Maryland, Virginia and West Virginia use the term House of Delegates.

Places where they meet

Though of the 50 , the buildings’ architectural styles are as the states they represent. A few, such as ,  and , have neoclassical designs like the , but other styles include (Kansas), (Kentucky), (Texas), (Vermont) and (Connecticut). Maryland’s Georgian stands out by having a tower with an octagonal dome. 

Delaware’s colonial revival occupies sort of a middle ground by being topped with a with a small dome at its very tip. Likewise, l, which is a mix of Art Deco, Neo-Byzantine and Gothic Revival styles, has a 400-foot office tower capped by a dome and a statue called . 

The legislatures of , , , , , , , , , and do not meet under domes. Tennessee, Oregon and Ohio almost get there with cupolas that are sort of like domes that have been smashed flat. Florida, Louisiana and North Dakota’s capitols are topped by tall towers similar to Nebraska – capitol is even called “The Skyscraper on the Prairie.” 

New York’s Romanesque State Capitol could be the palatial home of a Gilded Age robber baron. Thomas Jefferson designed Virginia’s Palladian State Capitol after the , a Roman temple in Nîmes, France. Compare them with Alaska’s State Capitol, which could be mistaken for the country’s prettiest high school. 

Hawaii and New Mexico choose highly symbolic architecture. The Bauhaus-influenced Hawaii State Capitol by a reflecting pool, which represents the Pacific Ocean. The columns symbolize palm trees, and the cone-shaped legislative chambers resemble the volcanoes that formed the Hawaiian islands. New Mexico has the only round state capitol. From the air it’s designed the l, which also adorns the . 

Then there are the states that decided newer was better. Since World War II, lawmakers in , , , and moved from their original (domed) state capitols into modern and relatively bland legislative buildings. The historic buildings now serve as museums or, in , the office of the governor. 

Other state capitol facts:

• Oldest still in use: Maryland,
• Newest: Florida,
• Tallest: Louisiana,
• Tallest with a dome: Texas, (the US Capitol ) 
• Largest: , 360,000 square feet

Don’t forget the territories 

The nation’s territories — Puerto Rico, the US Virgin Islands, the District of Columbia, American Samoa, Guam and the Northern Mariana Islands — also have legislative bodies. A few facts to note:  

• The unicameral Council of the District of Columbia is the smallest body, with 13 members. Created in 1973 as part of the , it meets all year, functioning like a cross between a city government and a state legislature. The US Constitution gives Congress, however, the power to overrule any legislation the council passes. Congress may also make its own laws for Washington, DC or suspend the council completely.

• The Legislative Assembly of Puerto Rico (Asamblea Legislativa de Puerto Rico), the American Samoa Fono and the Northern Mariana Islands Commonwealth Legislature are bicameral. The Legislature of Guam (Liheslaturan Guåhan) and the Legislature of the US Virgin Islands are unicameral. 

• American Samoa’s legislature is the only territorial legislature that’s nonpartisan.

• Puerto Rico follows a unique political party system. The two largest parties are the Popular Democratic Party (Partido Popular Democrático), which advocates for the island’s current status, and the pro-statehood New Progressive Party (Partido Nuevo Progresista). 

• Puerto Rico also has the largest territorial legislature, with 78 members, and it’s the only one to meet in .

• The legislatures of Guam, the Northern Mariana Islands, American Samoa and the US Virgin Islands have between 15 and 39 members.