The Wikimedia Foundation, a non-profit organization that runs Wikipedia and several other “Wiki”-branded online reference tools, announced on May 1 that it would no longer accept donations in the form of cryptocurrency, citing ethical and environmental concerns about the payments using blockchain currencies. The decision follows from a proposal by longtime Wikipedia editor Molly White,…
Wikipedia Organization Ceases Accepting Cryptocurrency Donations
May 3, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniescryptocurrencyFeatured TopicsMarketsMedia & Big TechTechTech NewsUSUS NewsWikipedia
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Trader’s Guide on How to Choose Tokens for Investments: Security as a Key Factor
Today there are almost 10K tokens circulating in the crypto space, according to CoinMarketCap. How to choose the tokens to invest in among this myriad of options. In this article, you will find some advice on how to minimize the risks of losing assets when investing in crypto. It is not about how to make…
Fort Worth, Texas, Becomes First American City to Mine Bitcoin
April 28, 2022
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bitcoin miningBusiness & EconomycryptocurrenciescryptocurrencyFort WorthLocal NewsMarketsRegional-Local NewsTexasUS
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The city of Fort Worth, Texas, has become the first city government in the United States to mine bitcoin, advancing its goal of becoming a leading center of tech and innovation, city authorities announced on April 26. The bitcoin mining pilot program was launched by the Office of Fort Worth Mayor Mattie Parker and the…
Dollar Roars to Two-Year High on Growth Fears and Rate Bets
LONDON—The dollar roared to a two-year high on Tuesday and the euro hit its weakest since March 2020 as concerns about the economic impact of China’s COVID-19 lockdowns and rising expectations for a big U.S. interest rate hike next week boosted the greenback. With markets facing many risks, including central banks’ tightening policy, just as…
2 Charged for Conspiring With North Korea to Evade US Sanctions With Cryptocurrency
Two Europeans were charged on Monday for allegedly conspiring with an American cryptocurrency expert, who has already been convicted, to teach members of the North Korean regime to use blockchain technology to evade U.S. sanctions. Alejandro Cao de Benos, a Spanish citizen, and Christopher Emms from Britain are accused of illegally organizing the Pyongyang Blockchain and…
Stocks, Oil Tumble Amid Interest Rate, Earnings Worries
LONDON—European stocks declined Monday, tracking losses in Asia as worries over interest rate hikes dominated an array of investor concerns. Asian markets suffered their worst session in over a month as worries that Beijing could soon be back in lockdown sent Chinese shares back to 2020 lows, and as the effects of Wall Street’s 2.5…
Why Is Tennessee Looking for a Crypto Custody Service Provider?
The Tennessee Department of Treasury is seeking vendors who can manage cryptocurrency on their behalf. In a request for proposals (RFP) letter, the department said that Tennessee doesn’t possess cryptocurrencies at present, but is working to safely hold digital assets in the near future. The department will first ensure the crypto custody service provider can provide services…
This Crypto Analyst Warns Stock Market May Trigger Crypto Market Crash
Former Goldman Sachs Group Inc hedge fund manager Raoul Pal says the Nasdaq index appears to be on the verge of potentially making lower lows. He says if this continues, then the downside in the stock market may threaten crypto prices in the coming months. The failure of equities to hold has exposed risk of severe downside if…
Massive 86.6 Billion Shiba Inu Worth Over $2 Million Acquired by This Ethereum Whale
Recent data from WhaleStats shows ETH whale owner named “BlueWhale0073” purchased close to 90 billion Shiba Inu, paying over $2 million. Over the past two weeks, this whale had shoveled up 1.2 trillion SHIB tokens. ETH whale “BlueWhale0073” just bought 86,679,001,529 $shib ($2,111,500 USD). Ranked #5 on WhaleStats: t.co/RBupemZyZX Transaction: t.co/tgPTRwDdVP#SHIB #ShibArmy — WhaleStats –…
Crypto Miner BitRiver Sanctioned by US Over Russian Operations: Bloomberg
April 23, 2022
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Business & EconomyCrypto Miner BitRivercryptocurrencyeconomic policieseconomyEuropeMarketsRussiaRussia-Ukraine WarUS sanctionsWorld
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The U.S. Treasury Department sanctioned crypto mining firm BitRiver, targeting one of the industry’s top data-center service providers over its operations in Russia, Bloomberg reported. The Swiss-based company BitRiver provides Bitcoin miners worldwide with energy sources, mining facilities, and large-scale management solutions, including those in Eastern Europe and Russia. Treasury announced restrictions on BitRiver, including 10…
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