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In West Texas, there was a bitcoin mining project that captured my attention. This was certainly a project that very few, even in the ever-eclusive bitcoin mining industry, have seen before. The custom 300 TH/s ASIC Bitcoin mining machine showcased is specifically designed for the SHA-256 algorithm, which underpins Bitcoin mining. According to an undisclosed…
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Artificial intelligence may soon replace human coding tasks, according to Amazon Web Services CEO Matt Garman. In a recent internal discussion, Garman suggested that within the next 24 months, AI could automate much of the coding work currently done by developers. This potential shift would allow developers to focus more on innovative and creative tasks…
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Bitfarms, a global leader in Bitcoin mining, has recently unveiled a virtual tour of its state-of-the-art hydro-cooled mining site located in Paraguay. The tour showcases the company’s advanced 50 MW facility in Paso Pe, which integrates cutting-edge hydro-cooled mining technology, a strategic move that underscores Bitfarms’ focus on sustainability and efficiency. By utilizing the country’s…
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The Proto team has launched the Mining Development Kit (MDK) beta program with the mission to decentralize Bitcoin mining and empower builders of all scales. Their goal is to strengthen the Bitcoin network through inclusivity and technological development, providing essential tools to enhance mining innovation. Early beta feedback highlights insights from a variety of participants,…
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Robert F. Kennedy Jr. has officially ended his campaign for the U.S. Presidency. The decision was solidified after Kennedy withdrew his petition to appear on the Arizona ballot. According to the Arizona Secretary of State’s office, his campaign filed the necessary paperwork to remove his name from consideration. Kennedy, who initially entered the race as…
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Addis Ababa, Ethiopia, is buzzing with energy as the Africa Bitcoin Mining Summit kicked off on October 3, 2024. This exclusive event has drawn Bitcoin miners, manufacturers, and energy experts from across Africa and beyond, reflecting the country’s growing prominence in the cryptocurrency mining landscape. Industry leaders like Gridless and Luxor Technologies are present, with…
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A recent U.S. government filing has revealed that cryptocurrency exchange Bitfinex may be the only entity eligible for restitution following the infamous 2016 hack, in which approximately 120,000 Bitcoin (BTC) were stolen. The Bitcoin, valued at $72 million at the time, is now worth around $7.4 billion, reflecting the significant appreciation of the cryptocurrency. The…
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Los Angeles Lakers Rookie Bronny James continues to face challenges in his first preseason with the Los Angeles Lakers as he heads into the upcoming game against the Phoenix Suns. In the 2024 preseason so far, he has logged 44 minutes across four games, scoring just four points while committing five turnovers. His shooting performance…
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BlackRock made headlines at the 2024 Digital Assets Conference in Brazil by showcasing the increasing importance of Bitcoin in modern investment portfolios. Jay Jacobs, BlackRock’s U.S. Head of Thematic and Active ETFs, emphasized that Bitcoin adoption is outpacing the growth of other major technologies. He highlighted how digital currencies are rapidly emerging as a monetary…
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Morgan Stanley has disclosed that it has invested over $272 million in Bitcoin exchange-traded funds (ETFs), reflecting a growing confidence in cryptocurrency among traditional financial institutions. The investment is seen as part of a broader institutional shift toward Bitcoin, with firms like BlackRock and Fidelity also heavily involved in the Bitcoin ETF space. This significant…
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TD Bank has been hit with a record-breaking $3 billion fine following allegations of facilitating money laundering activities linked to drug cartels. The U.S. Department of Justice announced that the Canadian-based financial institution’s U.S. operations failed to properly monitor suspicious transactions, in violation of the Bank Secrecy Act, which requires banks to track large cash…
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South Korea’s Financial Services Commission (FSC) has taken a significant step towards approving spot cryptocurrency exchange-traded funds (ETFs), officially announcing the formation of a Virtual Asset Committee on October 10, 2024. The committee, composed of public and private sector experts, will act as an advisory body to review and approve Bitcoin and Ethereum spot ETFs,…
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Sony Block Solutions Labs, in collaboration with Startale Labs, has announced the development of Soneium, a cutting-edge Ethereum Layer-2 blockchain platform. The platform will integrate with Sony’s diverse product lineup, including Sony Music, Sony Pictures, and Sony Bank, within the next two years. The testnet is expected to go live soon, providing developers with a…
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Tesla’s Optimus humanoid robot took the spotlight at the “We, Robot” event in October 2024, offering a glimpse into the future of robotics. Optimus was designed for both personal and industrial use, capable of performing tasks like serving drinks, carrying packages, and walking pets. Elon Musk emphasized the robot’s versatility, predicting widespread adoption in households…
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BlackRock has solidified its position as one of the largest institutional holders of Bitcoin, currently controlling 369,643 BTC worth approximately $29.6 billion. Over the past 10 months, BlackRock has acquired 1.76% of the total Bitcoin supply, showcasing its growing commitment to cryptocurrency investment strategies. This acquisition is not just a short-term play but a reflection…
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In recent discussions surrounding the monetization of online platforms, Wikipedia, one of the most visited websites globally, has emerged as a focal point. Wikipedia attracts an impressive 1.7 billion unique visitors each month, generating roughly 240 billion page views annually. With this level of user engagement, Wikipedia ranks alongside major tech giants in terms of…
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Hurricane Milton could deliver up to $100 billion in losses for global insurers, driving a surge in reinsurance premiums by 2025. The Category 4 hurricane is expected to make landfall near Florida’s Gulf Coast, with Tampa in its path. Milton follows closely behind Hurricane Helene, which struck just two weeks ago. Analysts at Morningstar DBRS…
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MicroBT and HeatCore have partnered to introduce a groundbreaking hydro cooling system designed to make Bitcoin mining more energy-efficient and environmentally friendly. This innovative technology, named Methane Green, aims to reduce methane emissions while optimizing power consumption. The system is particularly beneficial in Mexico, where natural flare gas can be harnessed for energy production, reducing…
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Tesla made headlines today with a massive movement of Bitcoin, reportedly shifting a total of $760 million, according to ArkhamIntel. The transfers occurred in increments of $225 million, $275 million, and $260 million, marking a significant financial maneuver by the company. This move has sparked speculation about Tesla’s broader strategy in the cryptocurrency space, as…
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The Cleveland Browns have officially traded wide receiver Amari Cooper and a 2025 sixth-round pick to the Buffalo Bills. In return, Cleveland will receive a 2025 third-round pick and a 2026 seventh-round pick, according to sources confirmed by ESPN. This trade reshapes both teams’ futures as they gear up for competitive seasons ahead. Cooper, known…
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Cipher Mining Inc. has secured option agreements to acquire 1.5 gigawatts (GW) of data center sites in West and North Texas. This strategic move strengthens the company’s presence in large-scale infrastructure, focusing on both high-performance computing (HPC) and Bitcoin mining. The agreements target three distinct locations, each designed to host a capacity of 500 megawatts…
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Metaplanet, a Japanese publicly traded company, has acquired an additional ¥500 million worth of Bitcoin, bringing its total holdings to 360.368 bitcoins. This investment aligns with the company’s strategy to increase its Bitcoin reserves, following a ¥1 billion loan secured for this purpose, totaling ¥3.45 billion. This reflects the trend of public companies using Bitcoin…
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In a recent interview with CNBC, Michael Novogratz, CEO of Galaxy Digital, predicted a transformative boost for Bitcoin driven by the launch of options trading on Bitcoin ETFs. Novogratz emphasized that while the rollout of these options has been slower than expected, they will act as a significant catalyst for the cryptocurrency market. “The next…
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We’ve got some incredible quarterbacks in this new era. Pat Mahomes leads the way. He’s the Stephen Curry of football. He’s made throws you’ve never seen before. And then you’ve got guys like Lamar Jackson. Michael Vick 2.0. He’s as fast as your WR1 and can throw a ball with an accuracy that would make…
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Italy’s Banca Sella, one of the oldest financial institutions in the country, has officially introduced Bitcoin trading services through its mobile banking platform, Hype. This move marks a significant milestone in the integration of traditional banking with cryptocurrency, providing more than 1.3 million customers direct access to Bitcoin trading without needing external exchanges. The service…
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The U.S. stock market is seeing a unique “Goldilocks” moment, where economic conditions are neither too hot nor too cold, providing an ideal environment for equity growth. Bank of America’s head of U.S. equity strategy, Savita Subramanian, has highlighted that recent data, including stronger-than-expected job growth, has created this balanced situation. The term “Goldilocks” refers…
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Google has quietly removed the Bitcoin price chart from its search results. While crypto enthusiasts rely heavily on real-time data, Google’s decision leaves users seeking alternatives. Both Bing and Brave continue to display Bitcoin charts, a bullish sign for investors looking for consistent updates. According to recent market trends, reduced search volume on Google suggests…
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Abacus.AI has launched a cutting-edge AI assistant that incorporates several of the most advanced language models available today, including GPT-4o, Llama 3.1, Gemini 1.5 Pro, and Claude 3.5 Sonnet. This integration represents a significant advancement in the field of artificial intelligence, offering users a versatile tool for a wide range of applications from natural language…
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XRP experienced a sharp drop, losing over 10% of its value following the U.S. Securities and Exchange Commission’s (SEC) latest move to appeal a pivotal court ruling in its lawsuit against Ripple Labs. The legal battle between Ripple and the SEC has been ongoing since 2020, with the regulatory body asserting that XRP should be…
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IREN, a leading player in the Bitcoin mining sector, has revealed a forward-thinking approach by integrating AI training directly within its data centers. The company, co-founded by Dan Roberts, recently secured a powerful partnership with Nvidia, leveraging their chips to train AI models while simultaneously running Bitcoin mining operations. This dual-function strategy allows IREN to…
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Jiang Xinyu, widely known as “Friedcat,” was an illustrious figure in the early Bitcoin community. He entered the University of Science and Technology of China at just 14, earning a PhD in computer science by the time he was 15. He swiftly became a cornerstone in the cryptocurrency world through his pioneering work with ASIC…
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Ripple co-founder Chris Larsen has donated $1 million in XRP cryptocurrency to support Vice President Kamala Harris’ 2024 presidential campaign. This donation, made through the Future Forward USA PAC, marks the first documented cryptocurrency contribution to Harris’ campaign. The PAC, which utilizes Coinbase Commerce to process cryptocurrency donations, automatically converts the contributions into stablecoin USDC…
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BitFuFu, a leading cloud-based bitcoin mining provider, faced economic challenges in Q2 2024. Despite revenue growth, their clients suffered significant losses due to high production costs compared to market prices. The company’s total revenue rose to $129.4 million, supported by expanded hosting and mining capacity. BitFuFu continues to expand its user base and operations amidst…
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Senegal achieved a historic milestone on August 16, 2024, by launching its first satellite, GAINDESAT-1A, into orbit. The satellite was launched from Vandenberg Space Force Base in California, USA, aboard SpaceX’s Falcon 9 rocket as part of the Transporter-11 rideshare mission. GAINDESAT-1A was developed by Senegalese engineers in collaboration with the Montpellier University Space Centre…
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China is rumored to reconsider its cryptocurrency ban by the fourth quarter of 2024. This potential policy shift could impact the global cryptocurrency market, driving innovation and trading volumes. Despite strict regulations, China’s underground crypto market has shown resilience. Recent developments in Hong Kong and economic pressures may drive a more nuanced approach.
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As of October 2024, Ross Stores, Inc. ($ROST) has surpassed MicroStrategy ($MSTR) in market capitalization, showcasing the strength of the retail giant against the tech-focused company. Ross Stores, a major player in the retail space, now boasts a market cap of $49.01 billion, driven by its strong presence in the discount retail sector. The company’s…
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In a recent analysis from the $725 billion asset management firm Bernstein, Bitcoin may reach unprecedented levels if Donald Trump secures the U.S. presidency again in 2024. The firm projects Bitcoin could surge to $90,000, significantly exceeding its previous all-time high of $73,000, which was set earlier this year. This prediction is rooted in Trump’s…
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Ethiopian Investment Holdings (EIH) has partnered with Hong Kong’s West Data Group’s Center Service PLC to venture into Bitcoin mining. The project aims to strengthen Ethiopia’s position in the global data center market, leveraging the country’s abundant energy resources. However, concerns exist over the impact on local energy supply and regulatory challenges. The initiative could…
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In a landmark decision, the Dubai Court of First Instance has officially recognized Bitcoin as a valid form of salary payment. This groundbreaking ruling signifies a major shift in the legal approach to digital currencies in the United Arab Emirates, particularly in employment contracts. The case centered on an employment dispute where an employee claimed…
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Metered Mining, a prominent cryptocurrency mining hosting company, is expanding its facility capacity from 4MW to 8MW in Wisconsin, aiming to advance the scalability of Bitcoin mining for GPU and ASIC miners. Their tailored hosting solutions ensure efficiency and security at competitive prices, reflecting a commitment to leveraging cutting-edge technology and supporting cryptocurrency miners.
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Ross Ulbricht, the founder of the infamous Silk Road marketplace, recently tweeted from federal prison, where he has been incarcerated for over 4,000 days. As he approaches his 12th year behind bars, Ulbricht continues to express remorse and his desire for a second chance. He emphasized that during his time in prison, he has worked…
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Music mogul Sean ‘Diddy’ Combs and disgraced cryptocurrency entrepreneur Sam Bankman-Fried are now housed together at the Metropolitan Detention Center (MDC) in Brooklyn. Combs, who faces federal charges including conspiracy and sex trafficking, has been moved to the same jail unit as Bankman-Fried, who is serving time for orchestrating one of the largest financial frauds…
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Greg Jones was an All-American running back at Florida State, renowned for his punishing power and exceptional speed. Put simply, Greg Jones was actually built different. I know the arguments: “Jerome Bettis was stronger!” “Mike Alstott was tougher!” “Derrick Henry was faster!” “Jim Brown was quicker!” “TJ Duckett was smoother!” No the fuck they weren’t.…
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Ardizor, a self-proclaimed “research wizard,” predicts Bitcoin’s bull market will start in October 2024, following historical price cycles related to halving events. He suggests that post-halving, Bitcoin typically sees significant price increases, potentially attracting more mainstream participants and interest in the crypto market.
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On August 15, 2024, Defiance ETFs introduced the first-ever leveraged ETF focused on MicroStrategy, known as the Defiance Daily Target 1.75X Long MSTR ETF (MSTX). This ETF is designed to offer investors 1.75 times the daily percentage change in MicroStrategy’s stock price. Given MicroStrategy’s substantial Bitcoin holdings, this ETF provides a unique opportunity for investors…
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California is set to allow residents to add their driver’s licenses and state IDs to the Apple Wallet on their iPhones and Apple Watches. This move will make California one of the many states exploring digital IDs, a feature that Apple introduced in collaboration with the Transportation Security Administration (TSA) and other state governments. The…
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Ripple co-founder and executive chairman Chris Larsen has officially endorsed Vice President Kamala Harris for the 2024 U.S. presidential election. Larsen, alongside 87 other prominent business leaders, signed a letter supporting Harris, citing her commitment to creating a stable business environment and advancing fair policies that support economic growth. Larsen’s endorsement stands out within the…
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F2pool recently launched the Fractal Bitcoin (FB) mining pool, offering two options for miners: permissionless mining and merged mining with Bitcoin (BTC). The FB mining pool operates using a 1% PPLNS payout scheme, which calculates rewards based on the miner’s work over the last “N” shares. This system ensures fair distribution for consistent contributors. F2Pool,…
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NFL quarterback Jameis Winston recently sparked interest off the field. In his latest TikTok post, fans spotted a Bitcoin poster hanging in the background. The video quickly gained attention for the notable inclusion of cryptocurrency imagery. Bitcoin has become increasingly popular, particularly among athletes and public figures. Winston’s use of the poster comes as more…
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AWS will invest $11 billion in a new data center campus in St. Joseph County, Indiana, creating 1,000 jobs. The campus will focus on cloud computing and AI services, reflecting AWS’s US expansion strategy. The project has garnered strong government support, offering significant tax incentives. Governor Holcomb expects a positive impact on the town and…
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Modbus RTU (Remote Terminal Unit) is a widely used serial communication protocol developed by Schneider Electric in 1979 for industrial applications. It’s designed for communication between various devices such as programmable logic controllers (PLCs), sensors, and other industrial electronic devices. Modbus RTU uses a Commander/Executor architecture, where one device (Commander) initiates communication and controls one…
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The state of Louisiana has officially embraced cryptocurrency by accepting Bitcoin and other digital assets as valid forms of payment for state services. On September 17, 2024, the Louisiana Department of Wildlife and Fisheries processed the state’s first cryptocurrency payment, marking a significant moment in integrating digital currencies into public operations. This initiative, spearheaded by…
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As the Federal Reserve approaches its September 18th meeting, market sentiment has shifted, with traders now predicting a 50 basis point (bp) rate cut. The shift in expectations follows economic data suggesting that the central bank may need to ease monetary policy to manage inflation and stimulate growth. Currently, the Fed’s target interest rate stands…
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MicroStrategy has announced plans to offer $700 million in convertible senior notes due 2028. This private offering will be available to qualified institutional buyers under Rule 144A of the Securities Act. The proceeds will be primarily used to redeem $500 million in existing Senior Secured Notes, which carry a 6.125% interest rate, maturing in 2028.…
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In a historic move, Georgia Governor Brian Kemp signed an executive order granting universities in the state the legal right to directly pay their student-athletes for the use of their name, image, and likeness (NIL). This order protects schools from penalties imposed by the NCAA or athletic conferences, ensuring that Georgia universities can remain competitive…
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Former President Donald Trump is stepping into the decentralized finance (DeFi) space with the launch of World Liberty Financial, a new cryptocurrency project. Trump made the announcement on X (formerly Twitter), stating that the project will officially launch next Monday at 8 p.m. during a Space hosted on the platform. The former president’s pivot towards…
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As we head into Week 4 of the college football season, the quarterback rankings for the 2025 NFL Draft are beginning to take shape. Leading the pack is Shedeur Sanders, son of Deion Sanders, who has demonstrated his talent with standout performances at Colorado. Sanders has showcased exceptional pocket presence and decision-making, which make him…
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The 1000-day Bitcoin trading strategy aims to capitalize on Bitcoin’s cyclical price movements around halving events. It involves accumulating Bitcoin approximately 500 days before halving to benefit from lower prices and holding through the subsequent 500 days of potential price increases. Historical data supports its effectiveness, but caution and research are crucial due to inherent…
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Former U.S. President Donald Trump has vowed to lift all sanctions against Russia, claiming they are harming the strength of the U.S. dollar. During his presidential campaign, Trump has emphasized the importance of maintaining the dollar’s status as the global reserve currency. He argued that prolonging sanctions could diminish the dollar’s influence, potentially leading to…
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The U.S. dollar has significantly depreciated compared to real estate values and Bitcoin over the past eight years. The median home price in the United States has increased from $288,400 in 2016 to $434,700 in 2024, while the amount of Bitcoin needed to purchase the same home has decreased from 664 BTC to just 6.6…
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BlackRock, the world’s largest asset manager, has made headlines by disclosing a substantial $164 million purchase of Bitcoin. The purchase is part of BlackRock’s broader strategy to integrate cryptocurrencies into its offerings, reflecting a significant shift in the financial landscape. This acquisition comes at a time when Bitcoin has been experiencing renewed interest from institutional…
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The City of Santa Monica, California, will be the center of the cryptocurrency world this October as it hosts a Bitcoin open-source festival. This event aims to bring together developers, enthusiasts, and industry leaders to discuss and showcase advancements in Bitcoin technology and open-source contributions. Scheduled for October 12-14, 2024, the festival will feature a…
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PlayStation enthusiasts have something special to look forward to on September 6th, as the console giant will introduce a massive catalog of over 1,300 retro games through a partnership with Antstream Arcade. The service will allow PlayStation users to access a vast array of classic games, ranging from the ’80s to the early 2000s, on…
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Employees may find themselves caught in challenging business agreements but should negotiate for desired salaries. However, companies can balance employee well-being and profitability by providing company-subsidized housing and transportation in exchange for a reduced salary. This model offers financial security and reduces stress for employees, while helping the company manage costs and attract talent. Challenges…
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Michael Saylor, the executive chairman of MicroStrategy, has made bold predictions about the future of Bitcoin, emphasizing its role in preserving wealth. Saylor recently stated, “You will spend 40,000 hours of your life trying to make money, it’s worthwhile to spend 100 hours figuring out how to keep it.” Saylor argues that Bitcoin’s fixed supply…
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Mastercard introduces Crypto Credential service, simplifying cryptocurrency transactions with user aliases instead of complex addresses. This enhances user experience and minimizes errors. The service ensures secure transactions by verifying user identities and recipient wallet compatibility. Initially available in select countries, it will expand globally, catering to over seven million users and extending to various applications…
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During the fifth inning of the New York Yankees’ game against the Colorado Rockies on August 25, 2024, a frightening incident occurred when home plate umpire Nick Mahrley was hit by a piece of Giancarlo Stanton’s broken bat. Stanton’s bat shattered as he hit a bloop single to left field, and the barrel struck Mahrley…
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Greenidge Generation, has filed a lawsuit against the New York Department of Environmental Conservation (DEC) after the agency denied its air emissions permit renewal. The permit, essential for the continued operation of the Bitcoin mining facility, is set to expire next month. The DEC’s decision was based on the 2019 Climate Leadership and Community Protection…
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Jennifer Lopez’s engagement ring collection, estimated at $17 million, stands as one of the most impressive in Hollywood. With the current price of Bitcoin at approximately $64,000 per coin, her collection is equivalent to about 265 BTC. This glamorous assortment includes six rings from five different partners, each symbolizing significant moments in her life. The…
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