Wednesday, May 8, 2024
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Witnesses Debate Crypto Mining’s Efficiency in Congressional Hearing on Environment

Rep. Cathy Rodgers (R-Wa.), who began the hearing with an off-topic speech about inflation, COVID and the current U.S. president, asked about the potential of blockchain to protect citizens’ privacy, as well as the potential adverse impact of regulation on job and investment growth. Rep. Annie Kuster (D-N.H.) inquired about

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Oasis Labs Launches Emerald, an EVM-Compatible Smart Contract Environment

Another layer 1 smart contract platform is positioning itself to enter an increasingly crowded race for users and transaction volume.On Monday, Oasis Labs – developers of the Oasis privacy-preserving blockchain network – announced the launch of Emerald, an Ethereum Virtual Machine (EVM)-compatible ParaTime smart contract execution environment.Oasis allows for multiple

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Boeing Is the Latest Company to Escape a Hostile Business Environment

Boeing is departing the state of Washington.One state senator thinks Washington’s hostile business climate is partly to blame.That’s part of a rising trend of hostile business environments that could lead to significant shifts in the years ahead.Aerospace giant Boeing has long been synonymous with its roots in the Pacific Northwest.

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Mastercard launches virtual testing environment for central bank currencies

Mastercard announced on Wednesday the release of a proprietary tool targeted to central banks that wish to test their Central Bank Digital Currency, or CBDC.Over 70% of central banks are entertaining the idea of a digital currency in some form, a Bank of International Settlements report noted. While few have

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