Author: Donald Munn
The New York State Assembly has passed legislation to block new crypto mining farms that use fossil fuel as an energy source. Existing crypto mining farms and those that use renewable resources are exempt. New York State Assembly passes law against mining using fossil fuels New York blocks crypto mining farms that exploit carbon as a source of energy Newly passed Assembly Bill A7389C, sponsored by Democrat Anna Kelles, blocks all new crypto mining companies in New York State that use carbon as an energy source. Specifically, the bill will impose a two-year moratorium on these new carbon-based crypto-mining farms.…
Horacio Rodríguez Larreta, the head of government of Buenos Aires has announced his new plan for the Argentine capital: “Buenos Aires +”. Among the many “transformations”, there will be a digital one that will allow citizens to pay their taxes in cryptocurrencies. “Buenos Aires +”: Horacio Larreta’s new transformation plan Buenos Aires +, the new program that allows citizens to pay taxes also in crypto In a series of tweets, Larreta outlined the various transformations he intends to implement through the new “Buenos Aires +” plan, which is aimed at making the Argentine city smarter and less bureaucratic. Already in…
The city of Fort Worth, Texas, will mine Bitcoin using three ASICs donated by the Texas Blockchain Council. Texas Blockchain Council donates three ASICs for Bitcoin mining The city of Fort Worth, Texas invests in Bitcoin mining The decision was approved by a special vote on a city council resolution aimed at encouraging the growth of blockchain and crypto companies in Fort Worth. Approval of the resolution also authorizes the city to mine Bitcoin. The decision comes at the same time as the approval of a new draft of a New York State bill that wants to ban Proof-of-Work-based cryptocurrency…
Binance has announced the launch of a new debit card for Ukraine, which will enable the country to manage donations with the stablecoin BUSD. Binance, crypto and donations in Ukraine Humanitarian aid for Ukraine from Binance is on the way, with a new debit card The role of cryptocurrencies in the context of solidarity is one that we are not discovering now, but neither did we discover it long ago. Since that ominous 24 February 2022 when the Kremlin’s army entered the trident state, the Ukrainian people have been lost, Great Russia has been mowing down the country and with…
Fidelity Investment, the world’s fourth-largest pension fund manager, stated on Tuesday that it will allow people to allocate part of their retirement savings in Bitcoin through their investment plans. Fidelity Investment and retirement savings in Bitcoin Fidelity Investment adds the ability to deposit part of your retirement savings in Bitcoin Fidelity Investment, the world’s fourth-largest investment fund with more than $28 trillion in assets under management and headquartered in Boston, Massachusetts, said it will allow its clients to include Bitcoin investments in their retirement plans. This is the first time an institutional fund has directly opened up the possibility of…
SPONSORED POST* Countless altcoins are launched every year but the few that become huge names are those that power projects with valuable services and consistent growth. One project appears to check all the relevant boxes. ArbiSmart (RBIS) is expanding at warp-speed, introducing utilities in a wide range of areas from NFTs and DeFi, to crypto banking and the metaverse. Analysts believe that the RBIS token, a newcomer to the crypto exchanges, has the potential to explode in 2022, climbing to 200 times its current value in the months ahead. Growing legitimacy and popularity The RBIS listing process got underway last…
Stock markets continued to fall in the wake of news from Ukraine and fears of new interest rate hikes from the Fed. Fed fears new interest rate hikes Fed chairman Jerome Powell’s decision puts pressure on equity markets, already struggling due to global geopolitical situation After the major binge of the last three years, equity markets seem to have entered a long correction phase from the all-time highs reached by all US indices in 2021. Fears of a prolonged war, with a possible escalation of the conflict, commodity prices hitting their highest level in several months, new lockdowns in China…
For now, the announcement of the acquisition of Twitter by the famous entrepreneur Elon Musk has only had a modest impact on the crypto Dogecoin. What will be the reaction of the markets in the long term? What impact could Elon Musk’s acquisition of Twitter have on the markets? The impact on markets and Twitter stock following news of the $ 44 billion acquisition of Elon Musk First of all, it is worth noting that the plan, accepted by the company’s Board of Directors, effectively involves the acquisition of complete control of the company, with the consequent delisting from the…
In recent days, it has been discovered that part of the Bitcoin stolen from Silk Road were found a year ago. The Bitcoin from Silk Road Ross Ulbricht, currently in prison, cannot redeem the $ 3 billion in Bitcoin Wired reported that after the confiscation, prosecutors signed an agreement with the founder, Ross Ulbricht, whereby using part of those Bitcoin will cancel Ulbricht’s debt of over 183 million dollars. The founder of Silk Road, who is currently in prison, was ordered to pay that amount in 2015 as a penalty for illegal sales on the platform. Despite the fact that…
After an initial rejection, Twitter’s board finally accepted Elon Musk’s offer to buy the company for $44 billion. Elon Musk’s purchase offer for Twitter The acquisition of Twitter by the tycoon Elon Musk is almost ready The agreement for the transfer of Twitter over to Elon Musk seems to have been finalized, after a slight adjustment of the first offer made in recent days to $44 billion from the $43 billion for 100% control of the company by the funambulist founder of Tesla. The Wall Street Journal was the first to report the news, although yesterday the company’s main shareholders…