Getting To Know The Bitcoin Currency
Bitcoin as a currency is not a new concept. This is a tool that has been in use since the invention of paper. In fact, it can be credited with creating the first completely decentralized online transaction. When you hear about people making transacti.....»»
Facebook"s David Marcus, Creator of Embattled Diem Project, To Leave Company
David Marcus, one of the top executives at Meta Platforms and the co-creator of the yet-to-be-launched Diem digital currency, is leaving the company after seven years to pursue other projects. From a report: Marcus, who joined the Facebook parent com.....»»
India roundup: Acer and Dixon Technologies partnering up
The Modi government is proposing a bill to regulate blockchain technology and is likely to launch an official virtual currency, while Acer and local manufacturer Dixon Technologies are partnering up to increase local manufacturing of laptops......»»
Crypto Miners in Kazakhstan Face Bitter Winter of Power Cuts
Illegal miners and mass relocations after a ban on crypto mining in China have overloaded energy grid. From a report: Matthew Heard, a software engineer from San Jose, is worried about his 33 bitcoin mining machines in Kazakhstan. In the past week, t.....»»
Europe Must Ban Bitcoin Mining To Hit the 1.5C Paris Climate Goal, Say Swedish Regulators
Faced with a sharp rise in energy consumption, Swedish authorities are calling on the European Union to ban "energy intensive" crypto mining. From a report: Erik Thedeen, director of the Swedish Financial Supervisory Authority, and Bjorn Risinger, di.....»»
Centrist Dems Sink Biden"s Nominee for Top Bank Regulator
Five Democratic senators have told the White House they won't support Saule Omarova to head the Office of the Comptroller of the Currency, effectively killing her nomination for the powerful bank-regulator position. Axios: The defiant opposition from.....»»
Tolkien estate blocks JRR Token crypto-currency
Lawyers representing the estate said the product, launched in August, infringed the author's trademark......»»
Japan To Implement Bank-deposit-backed Digital Currency in 2022
A new digital currency backed by bank deposits is set for a test run in Japan as early as this year, an effort that will involve the nation's top banks and about 70 other companies. From a report: The test run will focus on the digital currency's fea.....»»
DCentral Front Runs Art Basel Miami as NFTs and Crypto Continue to Disrupt the Art World
MIAMI–(BUSINESS WIRE)–#DCentral2021—DCentral Miami presented by Bitcoin Latinum, is the largest in-person combined NFT and DeFi conference in history taking place on November 30 to December 1, 2021 at the Miami Airport Convention Ce.....»»
China"s Exiled Crypto Machines Fuel Global Mining Boom
China's ban on cryptocurrency mining in May triggered an exodus of miners and a global race to relocate millions of the clunky, power intensive machines they use to solve complex puzzles and earn bitcoin. From a report: Fourteen of the biggest crypto.....»»
Marvel’s Avengers Developer Has ‘No Plans’ To Sell Units For Real-World Currency
Marvel's Avengers Units will not be sold for real-world currency, developer Crystal Dynamics has announced. The post Marvel’s Avengers Developer Has ‘No Plans’ To Sell Units For Real-World Currency appeared first on PlayStation Univ.....»»
El Salvador reveals plans to build Bitcoin city
El Salvador president Nayib Bukele unveiled plans to build the "Bitcoin City" along the Gulf of Fonseca, between La Unión and Conchagua. Speaking at a promotional Bitcoin event in the coastal town of Mizata late on Saturday, Bukele said it would inc.....»»
El Salvador Plans "Bitcoin City" Powered by a Volcano, Financed by Bitcoin Bonds
"In a rock concert-like atmosphere, El Salvador President Nayib Bukele announced that his government will build an oceanside 'Bitcoin City' at the base of a volcano..." reports the Associated Press. "A bond offering would happen in 2022 entirely in.....»»
El Salvador plans first "Bitcoin City", backed by bitcoin bonds
El Salvador plans to build the world's first "Bitcoin City", funded initially by bitcoin-backed bonds, President Nayib Bukele said on Saturday, doubling down on his bet to harness the crypto currency to fuel investment in the Central American country.....»»
Texas Plans To Become the Bitcoin Capital, Vulnerable Power Grid and All
An anonymous reader quotes a report from Bloomberg: Texas, already home to the most vulnerable power grid in the U.S., is about to be hit by a surge in demand for electricity that's twice the size of Austin's. An army of cryptocurrency miners heading.....»»
A physicist studied Ben Franklin’s clever tricks to foil currency counterfeiters
Also: the Roman emperor Nero was quite fiscally responsible about his coinage Enlarge / Nuclear physicists used micro-XRF scanning to produce elemental maps for Roman denarii coins and their color overlays. (credit: K.V. Manukyan et al.....»»
Nigeria"s E-Naira Lures About Half a Million People Weeks After Its Launch
An anonymous reader quotes a report from Bloomberg: Nigerian central bank's digital currency has lured about half a million users three weeks after it was introduced in a move to entice people away from crypto currencies. Adoption rate for the Centra.....»»
Bitcoin just had a major security and privacy update
Bitcoin's Taproot upgrade will make it easier to use the cryptocurrency's blockchain to create smart contracts......»»
Raptoreum crypto"s love of large L3 caches could lead to an AMD CPU shortage
Bitcoin Press reports that Raptoreum (RTM), which launched earlier this year following three years in testnet, could potentially worsen shortages of AMD CPUs with massive L3 caches, such as Ryzen, Threadripper, and Epyc processors......»»
Bitcoin"s Taproot Upgrade Should Occur On Saturday
Bitcoin's long-awaited Taproot update will occur in the coming days, with most sources suggesting Saturday as its activation date. Crypto Briefing reports: Taproot is an upgrade that will improve Bitcoin's capacity for scripting, bringing it in line.....»»
Miami Will Start Giving Some of Its Residents Free Bitcoin: Mayor Suarez
Miami Mayor Francis Suarez has again raised the stakes as to which city in the U.S. will become the country's crypto hub. From a report: Suarez announced today on CoinDesk TV that the city would be staking (i.e. locking up cryptocurrencies to earn yi.....»»