BOE’s Bailey, Western Union CEO Part of Davos Panel on Digital Currencies
The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic. Source
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Square to Support Greener Bitcoin Mining as Part of Zero-Carbon Pledge
Square will dedicate $10 million to the development of clean bitcoin mining technologies. Source
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BoE policymaker says digital currencies could be part of ‘new monetary order’
The Bank of England, or BoE, is broadening its assessment of digital currencies, including evaluating how these assets could form the basis of a “new monetary order.”Andy Haldane, the Bank’s chief economist and sitting member of the Monetary Policy Committee, gave a speech on Wednesday at the TheCityUK 10th Anniversary Conference.
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US Seizes $24M in Crypto as Part of Brazilian Probe of $200M Fraud Scheme
The seizure was made after a request from Brazil for help with a large cryptocurrency fraud scheme. Source
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China Should Take Part in Creating Regulatory Framework for Digital Currency, Xi Says
China's president said the nation should proactively participate in setting the international framework. Source
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Audius Is Moving Part of Its Service Onto Solana
Decentralized music app Audius announced Thursday that it will migrate its content management system over to Solana’s high-speed blockchain from an Ethereum sidechain operated by the POA Network that runs on a set of trusted validators.Audius occupies a similar space to popular music players like Pandora or Spotify, but it
Read More Stellar CEO to Be Part of IMF Panel on Cross-Border Payments
The panel will discuss the private-sector's role in addressing shortcomings of cross-border payments. Source
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76% crypto miners use renewables as part of their energy mix
The rising energy demand of proof-of-work cryptocurrencies such as Bitcoin (BTC) has been a hotly debated topic. But the 3rd Global Cryptoasset Benchmarking Study by the University of Cambridge shows that 76% of cryptocurrency miners use electricity from renewable energy sources as part of their energy mix.The study found that
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‘It’s Part and Parcel of Crypto’: How Memes Drive Narrative and Value
“YAMs = Ponzinomics of AMPL + Chad launch of YFI + Meme math of Tendies,” Messari analyst Ryan Watkins tweeted about the latest decentralized financial application to set crypto atwitter. It’s the type of back of the napkin logic that looks like gibberish on its face, but has an internal cohesion
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Russia, With Bitcoin Playing Bit Part, Tried to Hack 2016 US Election, Senate Report Finds
Bitcoin may have been the salacious pretext to Marina Butina's fling with Patrick Byrne. Source
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