Saturday, January 22, 2022

Business

What Happened at the Congressional Bitcoin Energy Hearing?

This episode is sponsored by Link, Abra and United States.Download this episodeThis week, in the “Weekly Recap,” NLW breaks down the House hearing on energy in the crypto industry. It examines the issues with...

A Possible Russian Crypto Ban and Vitalik’s Synthetic Womb: It’s 2022

Finally, the gang unpacked Buterin's baby pod idea, which they pitched as a way to empower women: "Disparities in economic success between men and women are much greater once marriage + children come into play. Synthetic wombs would...

El Salvador buys 410 more bitcoins amid market drop, says President Bukele

El Salvador bought 410 bitcoins for $15 million on Friday, the country's president, Nayib Bukele, said on Twitter.“Some guys are selling really cheap,” he added in his tweet. It is difficult to verify such claims on the public...

Crypto Trader Tantra To Liquidate After ‘GBTC Cut’ Widens To Record

“Ultimately, after significant discussions and considerations in consultation with outside attorneys and other professional advisors, the Board of Directors has determined that, having regard to all of the circumstances, it is in the best interests of the company...

Iris Energy secures 600 MW connection for Texas bitcoin mine

Australian crypto-miner Iris Energy (IREN) has secured a 600-megawatt connection for a new crypto-mining facility in Texas, the company announced on Friday.The company said in a deposit with the United States Securities and Exchange Commission (SEC) that it...

El Salvador plans to offer crypto loans to SMEs

According to Steiner, the government has been in talks with Acumen since October 2021, following the approval of bitcoin as legal tender in the Central American country. In parallel, he is conducting negotiations with different crypto lending...

Witnesses Debate Effectiveness of Crypto Mining at Congressional Environmental Hearing

Rep. Cathy Rodgers (R-Wa.), who started the hearing with an off-topic speech about inflation, COVID, and the current U.S. president, asked about the potential of blockchain to protect privacy citizens, as well as the potential negative impact. ...

Bitcoin Returns Above $43,000; Resistance near $45,000 to $48,000

bitcoin (BTC) buyers are trying to reverse a short-term downtrend on the charts.Over the past two weeks, price action has been anchored around the $40,000 support level, where buyers stepped in ahead of the October price rally.Still, the...

EOS creator Dan Larimer is back

The community behind EOS is looking to turn itself around by renewing tech ties with the network's OG developer Dan Larimer, who engineered a 'mandel' hard break with the company that insiders say 'burnt' its blockchain sweetheart of...

UnionBank of the Philippines Selects IBM and Metaco for Crypto Custody

"Think of all the leading banks in the market, they're probably all IBM customers, many of them strategic customers," Donoghue said in an interview. "They can leverage the existing stack, existing runtime capabilities to manage Metaco vaults...

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What Happened at the Congressional Bitcoin Energy Hearing?

This episode is sponsored by Link, Abra and United States.Download this episodeThis week, in the...