Technology

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

April 27, 2022 0

At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining industry’s

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Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market

April 27, 2022 0

Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local AED currency,” the regulator explained. Kraken Establishes Middle East […]

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South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent

April 26, 2022 0

A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyright protection in the rapidly growing music market.” Tackling the Problem of Copyright Infringement in the Music Industry A South Korean

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Quik․com’s Limited NFT Domains Minting is Now Live

April 26, 2022 0

Buzzwords like NFTs, Web 3.0, and blockchain domains have infatuated everyone in the tech and crypto of late. The term Web 3.0 is now a part of everyday conversation. However, you won’t seem serious about it until you own an NFT domain. Web 3.0, the internet of tomorrow, is an umbrella term that combines different […]

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Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

April 26, 2022 0

On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor. The City of Fort Worth […]

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Permission․io Is Migrating to Polygon Network to Globally Scale Web3 Advertising

April 26, 2022 0

PRESS RELEASE. San Diego, CALIF. – April 26, 2022 – Permission.io, the leading provider of permission-based Web3 advertising, today announced it’s migrating away from its own proprietary blockchain to Polygon, the world’s preeminent Ethereum scaling solution with more than 100 million unique users. The migration is the company’s first in a series of steps designed […]

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Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital

April 26, 2022 0

On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures With $35 Million in Financing From Trinity Capital Cleanspark has revealed it

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Biggest Movers: GRT up 15%, While ZEC Rallies Following Recent Losses

April 26, 2022 0

As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while DOGE extended Monday’s gains. The Graph (GRT) GRT was easily one of the biggest gainers in crypto markets on […]

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Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans

April 26, 2022 0

The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen “growing interest from plan sponsors” that wanted to add bitcoin to retirement […]

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Buenos Aires Confirms It Plans to Allow Citizens to Pay Taxes With Cryptocurrency

April 26, 2022 0

Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digitization plan that the city has named “Buenos Aires+” that seeks to simplify the relationship the city has with citizens. Buenos Aires […]