A new bill is making its way to the Texas House of Representatives that might make it hard for crypto mining companies within the state to gain access to the funds and resources they need to stay afloat and function properly. Texas Crypto Bill Is the Wrong Move The bill, for one thing, would ensure that power costs for the largest crypto miner in the state will increase by as much as $30 million each year. Also, miners would only be able to provide a limited...
Read More »UAE Emerges as Leading Bitcoin Mining Hub in Middle East
[unable to retrieve full-text content]CoinspeakerUAE Emerges as Leading Bitcoin Mining Hub in Middle East The UAE recently opened the biggest nuclear power plant in the Arab world, with a total capacity of 4 gigawatts, and is gearing up for expansion later this year. UAE Emerges as Leading Bitcoin Mining Hub in Middle East
Read More »Coinbase Shares Dip despite Bullish Start to This Week
[unable to retrieve full-text content]CoinspeakerCoinbase Shares Dip despite Bullish Start to This Week At the beginning of the week, Coinbase generated significant buzz with its announcement of potential collaborations with several asset managers. Coinbase Shares Dip despite Bullish Start to This Week
Read More »America Just Celebrated Independence Day, and It’s a Reminder of What BTC Stands For
It was recently the 4th of July, aka Independence Day, in America, and let this serve as just another reminder of the independence that users can gain by incorporating digital currency into their lives. America, in Many Ways, IS Bitcoin Close to 250 years ago, the Founding Fathers of America created a new nation; one where everyone was created equal. A nation where people could pursue “life, liberty, and the pursuit of happiness” without oppression, without...
Read More »Bitcoin Hits New 2023 High Not Seen in 13 Months
[unable to retrieve full-text content]CoinspeakerBitcoin Hits New 2023 High Not Seen in 13 Months The price of Bitcoin could continue its way upwards as the SEC mulls spot ETF applications, leading to a new 2023 high for the king coin. Bitcoin Hits New 2023 High Not Seen in 13 Months
Read More »Leaked Metaverse Strategy of European Union Includes Regulatory Sandbox & Governance Structure
[unable to retrieve full-text content]CoinspeakerLeaked Metaverse Strategy of European Union Includes Regulatory Sandbox & Governance Structure The European Commission said that it seeks to explore the potential of digital cooperation models, which includes the decentralized autonomous organizations (DAOs) underpinning different financial applications. Leaked Metaverse Strategy of European Union Includes Regulatory Sandbox & Governance Structure
Read More »Circle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance
[unable to retrieve full-text content]CoinspeakerCircle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance Even though Circle already offers USD Coin (USDC), its co-founder and CEO Jeremy Allaire believes that introducing a Yen-linked stablecoin would provide new opportunities. Circle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance
Read More »Mastercard Implements AI Fraud Detection Tool in Nine UK Banks to Prevent APP Scams
[unable to retrieve full-text content]CoinspeakerMastercard Implements AI Fraud Detection Tool in Nine UK Banks to Prevent APP Scams TSB, one of the nine banks, said the Mastercard AI tool has increased its APP fraud detection ability by 20%. Mastercard Implements AI Fraud Detection Tool in Nine UK Banks to Prevent APP Scams
Read More »BlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance
[unable to retrieve full-text content]CoinspeakerBlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance Fink believes that a spot Bitcoin ETF has the potential to be as revolutionary for the financial sector in general as traditional ETFs were for the mutual fund industry. BlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance
Read More »Unhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction
[unable to retrieve full-text content]CoinspeakerUnhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction Companies like Circle, Ripple, and the non-fungible tokens (NFTs) marketplace OpenSea have happier employees. Unhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction
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