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Paraguay Proposes Bitcoin Mining Ban Citing Power Issues
5.4.2024
14 Paraguayan senators have called for temporary prohibition of creation, and storage of cryptocurrencies, and banning crypto mining farms in the territory.
The post Paraguay Proposes Bitcoin Mining Ban Citing Power Issues appeared first on Cryptonews
Lumerin and Quai Announce Strategic Collaboration to Enable On-Chain Compute Power Trading
4.4.2024
PRESS RELEASE. Chicago, IL — April 4, 2024 — Lumerin, a pioneer in the decentralized Bitcoin mining marketplace, and Quai, a groundbreaking Layer-1 crypto network for the global and compute economies, proudly announce a strategic alliance aimed at expanding access to Bitcoin mining. This...
Binance Says Compliance Chief Detained in Nigeria Has No Decision-Making Power at Firm
3.4.2024
Tigran Gambaryan should not be held responsible in ongoing talks with Nigerian government officials, Binance said in a statement, as he and the exchange face tax evasion charges
Crypto AI Projects Would Need to Buy Chips Worth Their Entire Market Cap to Meet Ambitions
3.4.2024
Supporting the creator economy with AI-generated video will take more GPUs than all major tech companies operate
The Power of :has() in CSS
30.3.2024
Hey all you wonderful developers out there! In this post we are going to explore the use of :has() in your next web project. :has() is relatively newish but has gained popularity in the front end community by delivering control …
The Power of :has() in CSS originally published on CSS-Tricks...
Curio Hit by $16 Million Exploit Due to Voting Power Vulnerability
26.3.2024
Curio, a project focused on facilitating liquidity from real-world assets for firms, has fallen victim to a smart contract exploit related to voting power privileges.
The post Curio Hit by $16 Million Exploit Due to Voting Power Vulnerability appeared first on Cryptonews
Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency Mining
26.3.2024
The Government of Paraguay will strengthen the measures directed to combat the illegal cryptocurrency mining operations in the country. In a recent meeting, ANDE, the National Power Administration, the Supreme Court, and the Department of Justice, agreed to deal with these crimes swiftly given...
Greenpeace’s Anti-Bitcoin “Mining for Power” Report Receives Fierce Backlash on X
22.3.2024
“Mining for Power,” an anti-Bitcoin report by Greenpeace USA that explains the links between the bitcoin mining industry and fossil fuel companies, has faced a backlash in social media due to its inaccurate portraits of the mining activity. Using community notes, social network users...
Vitalik Buterin Unveils New “Rainbow Staking” Framework For Ethereum – Here’s How It Works
21.3.2024
Ethereum's Vitalik Buterin has a bold plan to address the centralization of staking power with 'Rainbow Staking.' This new model could break the dominance of major exchanges and empower solo stakers. Learn how Rainbow Staking looks to decentralize Ethereum, the risks it targets, and its potential...
House Committee on Financial Services Explores Need for SEC Reform Amid Concerns Over Gensler’s Leadership
20.3.2024
House Committee members grilled SEC Chair Gary Gensler over concerns about regulatory overreach and lack of transparency. Calls for SEC reform are mounting, with critics citing insufficient feedback periods and a focus on social justice initiatives over the agency's core mission. Ranking member...
SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules
19.3.2024
A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts to secure a temporary restraining order
Smaller BTC Miners Might Close Shop Post-Halving: Bitfinex Warns
18.3.2024
Hong Kong-based crypto platform Bitfinex has warned BTC miners of a potential centralization of power amid post-halving. On March 15, Bitfinex published a comprehensive blog report forecasting financial pressure on small miners. The fourth Bitcoin halving is a widely anticipated event in the crypto...
Mario Day Announcements, Stardew Valley Revelations, And More Of The Week's Big News
16.3.2024
Gaming culture is vast and multifaceted, stretching beyond the realm of digital play itself and into areas like online streaming, fast food merchandise and, of course, ill-advised celebrity clothing lines. This week’s news was something of a sampler platter. Sure, we covered big gaming...
OG Power Rangers Actor Launching Clothing Line Featuring Hitler Quotes
13.3.2024
Actor Austin St. John, who famously played the original Red Ranger in the ‘90s TV series Mighty Morphin’ Power Rangers, has announced his plans to launch a new clothing line featuring quotes from historical figures, including “villains” like, uh…Adolf Hitler. Read more
$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup
9.3.2024
A well-funded political action committee (PAC) backed by prominent figures in the cryptocurrency industry has set its sights on key Senate races, with the goal of potentially shifting the balance of power in Congress.
The post $85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup...
Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs
7.3.2024
Hut 8, a Bitcoin mining company, has announced the closure of its mining site in Drumheller, Alberta, Canada, citing power disruptions and rising energy costs as significant factors.
The post Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs appeared first...
Physics Professor Claims “Power Law” Model Shows Bitcoin Will Reach $10 Million by 2045
4.3.2024
In a video published on X on March 2, Santostasi told mathematician and Bitcoin investor Fred Krueger that his power law model is a more understandable and predictable model of Bitcoin price over a long period of time.
The post Physics Professor Claims “Power Law” Model Shows Bitcoin Will Reach...
Montana Blasts SEC ‘Regulatory Power Grab’ in Kraken’s Case: ‘Crypto Assets Are Not Automatically Securities’
4.3.2024
Montana introduced an amicus curiae in the case of the SEC vs. Kraken, a US-based crypto exchange, criticizing the “regulatory power grab” of the institution. Montana, supported by seven other states, affirms that crypto assets are not automatically securities and that the SEC’s...
$1 Million per BTC by 2033: Predicting Bitcoin’s Price Trajectory Using the Power Law Model
3.3.2024
In an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for bitcoin’s price, rooted in the principles of algebra and natural laws....
UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets
1.3.2024
A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto