Bitcoin Mining Ban Bill Makes It Out of New York State Assembly Committee
The bill aims to put in place a two-year moratorium on the kind of crypto mining used to secure the Bitcoin network. Source
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Assembly
Assembly Blockchain Receives $100M Investment From VCs, Crypto Market-Maker: Report
A group of the largest Asia-based venture capital firms and crypto hedge funds are headlining a $100 million investment to further the development of the Assembly blockchain under the IOTA network, IOTA cofounder Dominik Schiener told Reuters in an interview. Source
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Assembly announces $100M capital raise, receives praise from Iota co-founder Dominik Schiener
On Friday, Assembly, a decentralized layer one smart contract network built within the Iota ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital and Huobi Ventures. The project stated that the funds will be used to accelerate the development of decentralized finance protocols, nonfungible
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IOTA to Release Smart Contract Network ‘Assembly’ And Distribute ASMB Token
The ledger IOTA aims to become “a fully decentralized, feeless multi-asset ledger” by launching Assembly in 2022, a governance layer one for permissionless smart contracts, along with the native token ASMB that will open the doors for the network’s main stakeholders, who would be democratizing Assembly. IOTA’s founders say the ledger is
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London assembly member calls for ban on crypto ads in trains and buses
Sian Berry, former co-leader of the Green Party of England and Wales and current member of the London Assembly, is looking to crack down on crypto advertisements on public transport.According to a Sunday Twitter post, Berry said she would be recommending the Mayor of London, Sadiq Khan, ban all crypto
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Legislative Assembly of El Salvador approves $150M Bitcoin Trust
El Salvador’s Legislative Assembly has passed legislation creating a $150 million dollar Bitcoin Trust and supporting the development of crypto infrastructure and services across the country. The bill passed on Aug. 31, with 64 officials voting in favor and 14 opposing the trust’s creation. The Trust is designed to facilitate conversion
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