Month: April 2022

US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts

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Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental statutes,” they said. Lawmakers Want More Oversight of Bitcoin Mining Industry U.S. Representative Jared Huffman (D-CA) and 22 other Congress members jointly sent a … Read more

Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin

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The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings. Microstrategy’s CEO Points Out Any Bitcoin Sales Must Be Publicly … Read more

Move-To-Earn Projects: STEP vs STEPN

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Recently, play-to-earn has become a prevalent trend in the cryptocurrency and gaming industry. Now, however, another variation of it has emerged – move-to-earn. In short: users can receive rewards for their physical activity in the form of steps. Will the desire to earn money influence people to become more active and make them lead healthier … Read more

Shiba Inu’s New Burn Portal Rewards SHIB Burners for Destroying Their Tokens

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Shiba inu holders can now get rewards for burning their SHIB tokens as the project’s development team officially launched the Shibaswap burn portal. According to the team, SHIB burners generate passive income in the form of RYOSHI rewards by holding on to a new token called “burntSHIB.” SHIB Army Celebrates the Token Burn Rate as … Read more

Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations

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Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion of neighboring Ukraine. Binance Consented to Russian Request for Customer Info, Reuters Claims in ‘Special Report’ … Read more

Devs Send the First Dogecoin Transaction Without Internet via Radio Doge

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According to Dogecoin developer Michi Lumin, a DOGE transaction was sent via radio using a protocol called “Radio Doge.” Dogecoin proponents say Radio Doge will “enable access to dogecoin for people outside the reach of the internet.” 4.20 Dogecoin Sent via Radio Transmission On April 22, 2022, the first dogecoin (DOGE) transaction was sent via … Read more