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The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise emitted by the site, they now face … Read more
The TON team highlighted the magnitude of the recently concluded dogs token generation event and its subsequent airdrop, which disrupted its network several times. On social media, the TON team stated that unique active users rose to 1.1 million, reaching 14.4 million transactions in one day. In addition, dogs made history as the token with … Read more
Samson Mow, CEO of JAN3, recently doubled down on his earlier prediction about bitcoin reaching $1 million this year. In an interview, Mow stated that the market was wrong, and that bitcoin was “massively undervalued” at current prices. “There is so little bitcoin out there you can’t even double your holdings as a large entity … Read more
Michael Saylor, Executive Chairman at Microstrategy and known bitcoin proponent, gave his personal prediction about the long-term price of the cryptocurrency. On CNBC’s Squawk Box, Saylor stated that BTC would reach $13 million in 21 years and explained that, at some point in the future, bitcoin would trade at S&P 500 volumes plus 8% due … Read more
Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing business with the United States because we are going to impose a 100% tariff on your goods.” These statements come months after reports indicated that … Read more
Tether, the USDT stablecoin issuer, has acquired 9.8% of Adecoagro, a Latin American-based agricultural giant. In a move described by Argentine media as surprising, the company invested $100 million to diversify its investments in the agricultural and food sectors. Adecoagro, valued at over a billion dollars, has a direct presence in Argentina, Brazil, and Uruguay. … Read more
The libertarian President of Argentina, Javier Milei, has shared his perspective on how wealth should be created efficiently and who should be responsible for its creation. During a visit to Mercado Libre’s offices on Thursday, Milei stated that while a president can create conditions that make investing attractive and profitable, the only ones who can … Read more
The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos Neto, the Central Bank of Brazil’s president, stressed that the bank’s innovation agenda had four blocks: Pix, Drex, Currency Internationalization, and Open Finance. However, he … Read more
The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had established a connection before its power meter that was hidden within the same building. ANDE officers intervened and removed this illegal connection, estimating that it … Read more
The TON blockchain recently announced it has reached a milestone, registering a billion completed transactions on its network. Through its social media channels, the TON network team explained that half of this volume had occurred during the last three months. The project has benefited from the activity generated by projects such as Notcoin and Dogs … Read more
