Cryptocurrency Related Scams Flood Tribunals in Spain

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Spain has not been a stranger to the popularity of cryptocurrencies, and with this popularity, also comes the attention of people and organizations wanting to capitalize on the subject. Spanish tribunals have been flooded lately with lawsuits involving cryptocurrency scams related to bitcoin and ethereum based platforms, and the people using these to scam other users for millions of euros. Cryptocurrency-Related Scams Flood Tribunals in Spain Tribunals from Spain are now being flooded with cryptocurrency scam-related cases, that are affecting thousands of citizens, according to local reports. With the recent…

The post Cryptocurrency Related Scams Flood Tribunals in Spain appeared first on Technology Manias.

from https://ift.tt/3p97UZh

New attention on abortion pill dispensing amid challenge to Roe v. Wade

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Supreme Court’s decision to take a Mississippi case that poses a direct challenge to Roe. v. Wade has raised the stakes for the Biden administration’s newly launched review of restrictions on abortion pills, which could dramatically expand access to the procedure. A ruling for Mississippi, which is petitioning for the right to ban abortion after 15 weeks of pregnancy, would allow states to implement restrictions farther-reaching than any seen in decades, abortion-rights advocates say. Texas, Idaho, Oklahoma and South Carolina moved this year to ban abortions after six weeks…

The post New attention on abortion pill dispensing amid challenge to Roe v. Wade appeared first on Technology Manias.

from https://ift.tt/3i8lJ8v

BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon to Provide Custody for Digital Assets Through Dublin-based Unit Following a decision to enter the cryptocurrency space announced in February, the Bank of New York Mellon has now created a “Digital Innovation Hub” in Dublin.…

The post BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’ appeared first on Technology Manias.

from https://ift.tt/3vDJE3N

More Than 5 Million in Ethereum Worth $13 Billion Rests in the Eth2 Staking Contract

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Statistics now show the Eth2 deposit contract has more than 5.2 million staked ether worth over $13 billion locked into the smart contract. The contract launched on November 4, 2020, and three weeks later, the contract met the required threshold to initiate the Beacon Chain. It’s not cheap to become a validator these days, as today’s exchange rates show the 32 ether to get started will run a user more than $84k. More Than $13 Billion Worth of Ether Locked Into the Eth2 Deposit Contract Ethereum users have added quite…

The post More Than 5 Million in Ethereum Worth $13 Billion Rests in the Eth2 Staking Contract appeared first on Technology Manias.

from https://ift.tt/3vQTI9T

Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz (a16z) revealed the 500 million-dollar “Crypto Fund II.” A report published on May 27 by the tech writer Eric Newcomer indicates that Andreessen Horowitz is contemplating $2 billion in financing for the next crypto fund. Former Bloomberg Reporter Says ‘a16z in the Process of Tripling Down on Crypto’ The well known venture capital firm Andreessen Horowitz founded by Marc Andreessen…

The post Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say appeared first on Technology Manias.

from https://ift.tt/3i6lRWn

The Surprising Honolulu Origins of the National Fight Over Same-Sex Marriage

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

On the morning of December 17, 1990, according to the press release he sent beforehand to local media, Bill Woods had plans to make news, not history. He would bring three same-sex couples, two female and one male, to the main office of the Hawaii Department of Public Health in downtown Honolulu, where they would complete applications for marriage licenses. Woods was not a lawyer, but had studied the family-law code, which included in its marriage regulations a reference to “the husband” and “the wife” without any specific indication that…

The post The Surprising Honolulu Origins of the National Fight Over Same-Sex Marriage appeared first on Technology Manias.

from https://ift.tt/3wMdiUF

Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This is just the last of a series of attacks that seem to be pointing to Binance Chain protocols due to their vulnerabilities. Belt Finance Loses $6.3 Million in Flash Loan Attack Belt Finance, a borrowing and loaning protocol that operates in the…

The post Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million appeared first on Technology Manias.

from https://ift.tt/2SHfkXw

Visualizing Bitcoin’s Future Price Cycles With the Power-Law Corridor Model

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

There’s a number of tools, charts, and models traders use to help them forecast bitcoin price cycles and our last article discussed leveraging the Golden Ratio Multiplier. The following editorial discusses another method of bitcoin price prediction analysis by utilizing Logarithmic Growth Curves. In September 2019, a comprehensive paper published by Harold Christopher Burger describes how crypto proponents can visualize bitcoin price cycles using the Power-Law Corridor model. Bitcoin’s Logarithmic Growth Curve In order to give our readers some deeper perspective, Bitcoin.com News has been covering a few useful price…

The post Visualizing Bitcoin’s Future Price Cycles With the Power-Law Corridor Model appeared first on Technology Manias.

from https://ift.tt/3i6wdW7

Fox’s Lone-Wolf Liberal Had a Tough Job. But It Made for Better TV.

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Juan Williams is headed for a gentler life. As the lone liberal co-host of Fox News Channel’s roundtable show “The Five,” he took the heat on live TV on a near-daily basis for years— sometimes mocked condescendingly, sometimes hollered at ferociously, always completely outnumbered. On Wednesday, Williams, who lives in Washington, D.C., announced that he was stepping down from the job, days before fully-in-person production resumes in the New York studio. A year of largely calling in to the show remotely, plus a personal bout with Covid-19, had depleted his…

The post Fox’s Lone-Wolf Liberal Had a Tough Job. But It Made for Better TV. appeared first on Technology Manias.

from https://ift.tt/3c6JaeB

How a Rivalry on a Honolulu Pride-Planning Committee Shaped the Fight for Same-Sex Marriage

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

On the morning of December 17, 1990, according to the press release he sent beforehand to local media, Bill Woods had plans to make news, not history. He would bring three same-sex couples, two female and one male, to the main office of the Hawaii Department of Public Health in downtown Honolulu, where they would complete applications for marriage licenses. Woods was not a lawyer, but had studied the family-law code, which included in its marriage regulations a reference to “the husband” and “the wife” without any specific indication that…

The post How a Rivalry on a Honolulu Pride-Planning Committee Shaped the Fight for Same-Sex Marriage appeared first on Technology Manias.

from https://ift.tt/3uC3gUK

Bitcoin Mining Difficulty Experiences This Year’s Largest Epoch Drop, Global Hashrate Slips Lower

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Bitcoin’s mining difficulty dropped this week at block height 685,440 and saw the largest negative drop of the year losing close to 16%. Overall the global hashrate has dropped around 2% since the price fell below the $40k handle. Currently, the mining difficulty is around 21 trillion, and it could drop another 16% in less than two weeks. Bitcoin Mining Difficulty Slides Close to 16% Down Following 2021’s Largest Epoch Difficulty Rise The price of bitcoin (BTC) has seen better days and following the drop in price, the hashrate has…

The post Bitcoin Mining Difficulty Experiences This Year’s Largest Epoch Drop, Global Hashrate Slips Lower appeared first on Technology Manias.

from https://ift.tt/3uIXjFC

India’s Central Bank RBI Confirms Crypto Banking Ban ‘No Longer Valid’ — Asks Banks to Stop Quoting It

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Indian central bank, the Reserve Bank of India (RBI), has officially advised banks that its banking ban circular is no longer valid as it was set aside by the country’s supreme court more than one year ago. Despite the supreme court’s ruling, banks have been citing the RBI circular when dealing with cryptocurrency. RBI Tells Banks to Stop Quoting Its ‘No Longer Valid’ Circular on Cryptocurrency India’s central bank, the Reserve Bank of India (RBI), issued a notice on Monday clarifying its position regarding cryptocurrencies. The notice, entitled “Customer Due…

The post India’s Central Bank RBI Confirms Crypto Banking Ban ‘No Longer Valid’ — Asks Banks to Stop Quoting It appeared first on Technology Manias.

from https://ift.tt/3p3Zn9U

Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming that the trading platform is allowing residents of Japan access to the exchange. The news follows the Bank of Japan Governor Haruhiko Kuroda criticizing digital currencies for speculation. Japan’s FSA Warns Bybit Fintech Limited Japan’s top regulator that handles banking, securities and exchange, and insurance sectors within the economy has recently issued a warning to Bybit Fintech Limited. Bybit is a crypto derivatives exchange that offers digital currency futures, perpetual swaps, and…

The post Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit appeared first on Technology Manias.

from https://ift.tt/3uBmbPw

Bitcoin.com Wallet Adds ETH

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Bitcoin.com team is excited to announce integration of Ethereum into the Bitcoin.com Wallet. That means anyone can now buy, receive, store, trade, and send ether (ETH) with the convenience and security of the industry’s most user-friendly, non-custodial wallet. How It Works When you open the Bitcoin.com Wallet, you’ll now see the Ethereum section in your home screen. Tapping the “BUY” button will prompt you to enter a purchase amount. If you’ve already set up your payment method, your purchase will go through instantly. It’s that easy! If you have…

The post Bitcoin.com Wallet Adds ETH appeared first on Technology Manias.

from https://ift.tt/34xME5R

U.S. tech giants’ vise over Israel tightens despite ceasefire

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The aftermath of this month’s violence in the Gaza Strip is deepening the pressure on Google, Amazon and Facebook to reexamine their close ties to Israel — an effort that comes amid a broader reckoning over the militarization of the U.S. tech industry. Tech employees who previously pressured the corporate behemoths into dropping projects with the Pentagon and China are strategizing with outside activists over the best way to agitate against cloud contracts with the Israeli government. They’re considering a range of options, including cajoling shareholders and circulating letters to…

The post U.S. tech giants’ vise over Israel tightens despite ceasefire appeared first on Technology Manias.

from https://ift.tt/3g1hcST

Phil Murphy took on New Jersey’s Democratic machine. Now he needs it to win.

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

New Jersey Gov. Phil Murphy spent his first term delivering win after win for liberal activists. He raised taxes on millionaires. He secured drivers licenses for undocumented immigrants. And he went to war with much of the Democratic establishment, making an enemy of George Norcross, the state’s most feared political power broker. Now, Murphy — seeking reelection to a second term — has broken with his progressive base as they’ve turned their attention to an institutional foe: That same boss-dominated power structure Murphy had shunned. The governor has made peace with…

The post Phil Murphy took on New Jersey’s Democratic machine. Now he needs it to win. appeared first on Technology Manias.

from https://ift.tt/3uwg6Uk

Why Covid rules on liquor, pot and telemedicine might last past the pandemic

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

From margaritas-to-go to marijuana deliveries to virtual doctor visits, the pandemic prompted states to ease rules to make life at home more bearable. But the looming end of emergency orders has teed up a lobbying frenzy in state capitals to make these Covid-era conveniences permanent fixtures in American life. The rapid decline in new coronavirus cases as more Americans get vaccinated is spurring governors to consider winding down emergency declarations that made these perks possible. The adjournment of most state legislatures in the coming weeks is also fueling a sense…

The post Why Covid rules on liquor, pot and telemedicine might last past the pandemic appeared first on Technology Manias.

from https://ift.tt/3uBA9AI

How Juan Williams Mastered the Only-Liberal-at-the-Table Role

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Juan Williams is headed for a gentler life. As the lone liberal co-host of Fox News Channel’s roundtable show “The Five,” he took the heat on live TV on a near-daily basis for years— sometimes mocked condescendingly, sometimes hollered at ferociously, always completely outnumbered. On Wednesday, Williams, who lives in Washington, D.C., announced that he was stepping down from the job, days before fully-in-person production resumes in the New York studio. A year of largely calling in to the show remotely, plus a personal bout with Covid-19, had depleted his…

The post How Juan Williams Mastered the Only-Liberal-at-the-Table Role appeared first on Technology Manias.

from https://ift.tt/3p4l4qp

Home Crypto Mining Spikes in Brazil Amid Record High Unemployment

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than the average salary in Brazil. Pandemic and Uncertainty Turn More Brazilians to Cryptocurrency Mining The ongoing coronavirus pandemic has taken a heavy toll on Brazil and the country ranks among the hardest hit, with over 450,000 deaths due to Covid-19. South America’s largest economy…

The post Home Crypto Mining Spikes in Brazil Amid Record High Unemployment appeared first on Technology Manias.

from https://ift.tt/3uCs3rI

South Korean Financial Supervisory Service Tasked With Crypto Market Oversight

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. Financial Supervisory Service Takes Responsibility for Crypto Sector in Korea It took the government months to determine who’s going to take charge of crypto market oversight, the Korean Herald noted in an article published this weekend. The executive power in Seoul announced Friday that the task has been assigned to the…

The post South Korean Financial Supervisory Service Tasked With Crypto Market Oversight appeared first on Technology Manias.

from https://ift.tt/3p5DVRE

Central Bank of Brazil Issues Guidelines for Its CBDC

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the design of a hypothetical central bank digital currency (CBDC) for the country. While there are still no concrete steps taken in this direction, at least the document recognizes there have been discussions about this possibility in the institution. Central Bank of Brazil Issues General CBDC Guidelines The Central Bank of Brazil, the economic authority of the South American country, has released a document where it specifies the general…

The post Central Bank of Brazil Issues Guidelines for Its CBDC appeared first on Technology Manias.

from https://ift.tt/3wM0bTu

Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan Energy Regulatory Office plans to hold a meeting on June 2, 2021, to discuss the implications of bitcoin mining. Sichuan Energy Regulatory Office to Meet on June 2 to Discuss Crypto Mining In recent times, the Chinese government has been discussing the crypto economy to a greater…

The post Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications appeared first on Technology Manias.

from https://ift.tt/3fzVOVK

UK Police Raid Alleged Cannabis Farm, Finds Bitcoin Mining Facility Stealing Power

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was coincidentally bypassing the controls from the local power utility company to siphon energy from the main grid, stealing thousands of pounds in the process. UK Police Raid Alleged Cannabis Farm, Stumbles Upon Bitcoin Mining Facility The West Midlands Police Department got a real surprise last week when they raided an alleged cannabis farm in an industrial premise, just…

The post UK Police Raid Alleged Cannabis Farm, Finds Bitcoin Mining Facility Stealing Power appeared first on Technology Manias.

from https://ift.tt/3uCHLTJ

Chinese Economist Says if Bitcoin Is Widely Adopted: ‘We’re All Going to Die, This Is Not a Joke’

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

A Chinese economist and assistant director at the International Monetary Institute of Renmin University, Qu Qiang, has predicted that “We’re all going to die” if bitcoin becomes widely adopted as a currency. He foresees our society falling into “a death spiral of deflation,” noting that “the whole society is going to shrink and self-explode.” We’re All Going to Die if Bitcoin Is Widely Adopted, Predicts Chinese Economist An assistant director at the International Monetary Institute of Renmin University, Qu Qiang, was interviewed on CGTN about bitcoin. CGTN is owned by…

The post Chinese Economist Says if Bitcoin Is Widely Adopted: ‘We’re All Going to Die, This Is Not a Joke’ appeared first on Technology Manias.

from https://ift.tt/3fZTkyK

Empty airports and full delivery trucks: Covid’s toll on infrastructure, by the numbers

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

When the Covid-19 pandemic struck in spring 2020, Americans largely stopped commuting, swapped restaurant meals and bar crawls for walks or hikes, and started shopping for groceries and nearly everything else online. One of the most severely affected parts of the economy was passenger travel. Public transit ridership, in particular, saw a steep downturn in March and April of 2020, according to the Department of Transportation. Major transit agencies like New York City’s MTA and Washington, D.C.’s WMATA recorded substantially low ridership, with decreases of 63 percent and 79 percent,…

The post Empty airports and full delivery trucks: Covid’s toll on infrastructure, by the numbers appeared first on Technology Manias.

from https://ift.tt/3vE1sf3

Foster and migrant kids shut out from Covid vaccinations

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Nearly a half-million foster children in the U.S. and unaccompanied migrant teens at the southern border could be prevented from receiving coronavirus vaccines because of federal and state consent laws that require a parent or guardian’s approval. Regulators authorized emergency use of one Covid-19 shot in kids as young as 12 this month, accelerating the Biden administration’s broad immunization plans and school reopening plans. But that created unintended consequences for at-risk children: Because the vaccine, from Pfizer, has not received full regulatory approval, it has a murky status compared to…

The post Foster and migrant kids shut out from Covid vaccinations appeared first on Technology Manias.

from https://ift.tt/3i699qC

Financial Guru Dave Ramsey Advises Whether One Should Invest in Bitcoin, Other Cryptocurrencies

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Financial guru Dave Ramsey has given advice on whether one should invest in cryptocurrencies, like bitcoin. Ramsey sees cryptocurrency as a get-rich-quick scheme, preferring to make his money in a “methodical” and “boring” way. Dave Ramsey’s Advice on Investing in Bitcoin and Other Cryptocurrencies Dave Ramsey has given advice on cryptocurrency investing. Michael from Dayton, Ohio, called into The Ramsey Show saying that he had been looking into cryptocurrency and asked whether he should be investing in it. The episode, entitled “Should I Invest in Cryptocurrency?” was aired on May…

The post Financial Guru Dave Ramsey Advises Whether One Should Invest in Bitcoin, Other Cryptocurrencies appeared first on Technology Manias.

from https://ift.tt/3p4TcSN

‘We Know Occupation’: The Long History of Black Americans’ Solidarity with Palestinians

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

“Bassem was one of us. He showed up ready.” That is how Rep. Cori Bush (D-Mo.) described the late Bassem Masri, a Palestinian-American activist from St. Louis, on the House floor on May 13. On a day when the headlines called attention to Israel’s escalating airstrikes on Gaza, which ultimately killed over 200 Palestinians in an 11-day period, Bush’s speech linked the Palestinian cause with events closer to home. Masri, who died in 2018, was one of several Palestinians on the front lines of protests in Ferguson, Missouri, in 2014…

The post ‘We Know Occupation’: The Long History of Black Americans’ Solidarity with Palestinians appeared first on Technology Manias.

from https://ift.tt/3yJ7ptf

Major British Bank Natwest Alerts Customers With Tips to Avoid Cryptocurrency Scams

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Major British bank Natwest has launched an alert to urgently warn its customers of cryptocurrency scams, which have been on the rise. The bank has provided several tips for customers “thinking of investing in bitcoin or other cryptocurrencies” on how to spot scams involving cryptocurrencies. “If you ignore the above advice, you could lose all of your money,” the bank cautioned. Natwest’s Advice on How to Spot Crypto Scams National Westminster Bank (Natwest), a major retail and commercial bank in the U.K., has launched an urgent cryptocurrency scam alert on…

The post Major British Bank Natwest Alerts Customers With Tips to Avoid Cryptocurrency Scams appeared first on Technology Manias.

from https://ift.tt/3vvKnnz

Notorious ‘Tiger King’ Joe Exotic Launches ETH-Based Token to Help Legal Fund

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The infamous Joseph Maldonado, aka “Joe Exotic,” from the docuseries “Tiger King: Murder, Mayhem and Madness,” has launched his own Ethereum-based token. According to the website tiger-king.org, the project will also feature non-fungible tokens (NFTs) and the proceeds from NFT sales will go toward helping Joe Exotic’s legal defense team and tiger rescue funding. ‘Tiger King’ Joe Exotic Launches an ERC20 Token The costar of the docuseries “Tiger King” has announced the launch of a new crypto asset called “TKING,” according to the reality series star’s official Twitter account. Bitcoin.com…

The post Notorious ‘Tiger King’ Joe Exotic Launches ETH-Based Token to Help Legal Fund appeared first on Technology Manias.

from https://ift.tt/3fZDLXU

EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

While a number of media pundits and politicians have been talking about Bitcoin’s energy consumption, there’s been a myriad of firms working toward green solutions well before all the controversy. Unfortunately, critics don’t highlight the amount of renewables miners use or the cogeneration applications. One project called EZ Blockchain has partnered with the Texas-based oil and gas service provider, Silver Energy to monetize wasted natural gas with bitcoin, while reducing emissions. Monetizing Stranded Gas and Reducing Emissions With Bitcoin A firm called EZ Blockchain recently detailed that the company has…

The post EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin appeared first on Technology Manias.

from https://ift.tt/3uBKGfp

Wall Street struggles to sell Washington on Bitcoin for the masses

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

A strong push by Wall Street to open up access to Bitcoin investment is meeting resistance from a bipartisan group of lawmakers and regulators in Washington, setting up a lobbying fight over the future of digital currency. Major financial industry players including Fidelity Investments and Anthony Scaramucci’s SkyBridge Capital are pressing the Securities and Exchange Commission to approve their plans to launch funds on public stock markets that would let small investors tap into the rise of Bitcoin prices. Wall Street says it’s getting in the game and trying to…

The post Wall Street struggles to sell Washington on Bitcoin for the masses appeared first on Technology Manias.

from https://ift.tt/3cnbslx

US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at least $80 million. “This is an unregulated industry, and the alarming amount of criminal activity surrounding cryptocurrency demands action,” he told Yellen. Senator Scott Alerts Janet Yellen to Cryptocurrency Scams Senator Rick Scott wrote a letter to Treasury Secretary Jenet Yellen on Thursday raising concerns regarding the rising number of scams involving cryptocurrencies. The senator wrote: I write today with…

The post US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors appeared first on Technology Manias.

from https://ift.tt/2ROTyRC

Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Taxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more than 5,000 reals worth of cryptocurrency in 2020, a little less than $1,000, are obliged to report the funds on their income tax declarations this year. Brazilians who fail to do that on time face hefty fines. Deadline for Tax Filing in Brazil Expires Midnight May 31 Brazilian citizens are required to file their 2021 income tax returns before June 1. This year, the deadline was extended by a month…

The post Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May appeared first on Technology Manias.

from https://ift.tt/34wZr8I

Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Digital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days. Crypto Market Prices Consolidate While Traders Wait to See if Bears or the Bulls Grab the Reigns Last week, crypto proponents witnessed billions of dollars shaved off the entire crypto-economy and many are curious as to where things are headed…

The post Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets appeared first on Technology Manias.

from https://ift.tt/3c4xAki

Shadow primary: GOP 2024 hopefuls dive into House races to get around Trump

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Republican Sen. Tom Cotton is heading to Iowa this summer, but he won’t be campaigning for himself — at least not officially. The potential 2024 contender is plotting a swing through the state — home of the first-in-the-nation presidential caucuses — to stump for three freshmen House Republicans as part of a broader, two-year effort to bolster congressional candidates. Cotton, a former congressman who’s been in touch with House Minority Leader Kevin McCarthy about the midterm elections, has spoken with fellow veterans looking at waging campaigns and raised money for…

The post Shadow primary: GOP 2024 hopefuls dive into House races to get around Trump appeared first on Technology Manias.

from https://ift.tt/3g1oLcm

Central Bank of Sweden Invites Financial Market Actors for Second Phase of E-Krona Pilot

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Sveriges Riksbank, the central bank of Sweden, will carry out the next stage of its e-krona project with the help of two organizations from the financial sector. The move signals a transition from the initial in-house testing with simulated participants to cooperation with real, external partners. Riksbank to Work With Handelsbanken and Tietoevry to Test E-krona The main task during the new phase of the pilot will be to trial “the technical solution for the e-krona” with the participation of real market entities. To accomplish this, Riksbank has invited Handelsbanken,…

The post Central Bank of Sweden Invites Financial Market Actors for Second Phase of E-Krona Pilot appeared first on Technology Manias.

from https://ift.tt/3uyA1Ce

Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

During an interview this week, Metalla Royalty & Streaming CEO, Brett Heath, explained that he believes cryptocurrencies will lead to the next financial crisis. The precious metals boss said history shows that “mass adoption of a new financial product” typically leads to a financial crisis. Precious Metals Exec Says the Public Embracing Crypto May Lead to a Financial Disaster Brett Heath is the CEO of Metalla Royalty & Streaming (NYSE: MTA) (TSXV: MTA), a company designed to generate leveraged precious metal (PM) exposure via royalties and streams for shareholders. On…

The post Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’ appeared first on Technology Manias.

from https://ift.tt/3p2M0Xm

Billionaire Stan Druckenmiller on Dogecoin, Ethereum: Won’t Long or Short DOGE, Skeptical of ETH

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Renowned investor Stanley Druckenmiller has shared his views on dogecoin and ethereum. He said he wouldn’t long or short dogecoin and laughs when the meme cryptocurrency rises in value. As for ether, he is skeptical whether it can hold its position. Stan Druckenmiller on Dogecoin and Ether In an interview with The Hustle last week, famed investor Stanley Druckenmiller shared his thoughts on bitcoin, ether, and dogecoin, the meme cryptocurrency that has recently taken the market by storm. Druckenmiller founded Duquesne Capital in 1981. He managed money for George Soros…

The post Billionaire Stan Druckenmiller on Dogecoin, Ethereum: Won’t Long or Short DOGE, Skeptical of ETH appeared first on Technology Manias.

from https://ift.tt/34wpJYK

JPMorgan Boss Jamie Dimon Personally Advises People to ‘Stay Away’ From Cryptocurrency

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

JPMorgan Chase CEO Jamie Dimon has given personal advice to investors regarding investing in cryptocurrencies, like bitcoin. He said that his own personal advice to people is to “stay away” from cryptocurrencies. However, his bank, JPMorgan, will not stay away as clients want exposure to this asset class. Jamie Dimon’s Personal Advice to Investors About Bitcoin, Other Cryptocurrencies Jamie Dimon, the CEO of JPMorgan Chase, the largest bank in the U.S., gave his congressional testimony before the House of Financial Services Committee regarding cryptocurrency on Thursday. While admitting that JPMorgan’s…

The post JPMorgan Boss Jamie Dimon Personally Advises People to ‘Stay Away’ From Cryptocurrency appeared first on Technology Manias.

from https://ift.tt/3fwuLdL

U.S. monitoring Iranian warships that may be headed to Venezuela

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The U.S. national security community is monitoring two Iranian naval vessels whose ultimate destination may be Venezuela, according to three people familiar with the situation, in what would be a provocative move at a tense moment in U.S.-Iran relations. An Iranian frigate and the Makran, a former oil tanker that was converted to a floating forward staging base, have been heading south along the east coast of Africa, said the people, who spoke on condition of anonymity to discuss a sensitive subject. U.S. officials do not know for sure the…

The post U.S. monitoring Iranian warships that may be headed to Venezuela appeared first on Technology Manias.

from https://ift.tt/3p1WypL

Bank of America, Citigroup, Wells Fargo Unveil Their Cryptocurrency Policies

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Bank of America, Citigroup, and Wells Fargo have shared their policies regarding cryptocurrency before the U.S. Senate banking committee. The three banks are in different stages of offering crypto services to their clients. They also lag behind some of their peers, such as Morgan Stanley and Goldman Sachs, in offering access to investments with exposure to bitcoin or other cryptocurrencies. Bank of America Evaluating Crypto Opportunities The CEOs of Bank of America, Citigroup, and Wells Fargo gave their testimonies on cryptocurrency before the Senate banking committee last week. The committee,…

The post Bank of America, Citigroup, Wells Fargo Unveil Their Cryptocurrency Policies appeared first on Technology Manias.

from https://ift.tt/3utiX0p

Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company, and FTX. Circle Reveals $440 Million in Financing Circle Internet Financial, Inc. has revealed the company has obtained $440 million in financing from a number of strategic investors. Leading investors in Circle include Atlas Merchant Capital, Digital Currency Group, FTX, Breyer Capital, Fidelity Management and Research Company, Marshall Wace,…

The post Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow appeared first on Technology Manias.

from https://ift.tt/3fTuhgP

Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy. Bianco said since 2017 he’s owned a basket of crypto assets like ethereum, but he doesn’t hold bitcoin. Bianco Research President Owns a Basket of Digital Coins but Doesn’t Hold Bitcoin Bianco Research, L.L.C. is a service provider that offers qualitative and quantitative macro investment analysis for the institutional investor. The company’s president and market analyst, Jim Bianco, sat down…

The post Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin appeared first on Technology Manias.

from https://ift.tt/34vneWo

Pandora Raises $2.4M From Industry Heavyweights to Bridge off-Chain Assets to Open Finance via NFTs

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

PRESS RELEASE. Pandora Finance (https://ift.tt/34tyPFt) announced that they have successfully closed their $2.4m seed round. The Pandora team received pledges from some of the most visible investors within the crypto space, and closed the round oversubscribed by manifolds. Overview of strategic investors The funding round concluded with Pandora selecting some of the most well respected investors within the crypto space. Pandora’s strategic investors include Genesis Block, Spark Digital Assets, AU21, x21, NGC, Zokyo Ventures, Exnetwork, A195, Protocol Ventures, Genblock, Magnus Capital, Chain Asset Capital, Amesten, Crypto Dorm Fund and Master…

The post Pandora Raises $2.4M From Industry Heavyweights to Bridge off-Chain Assets to Open Finance via NFTs appeared first on Technology Manias.

from https://ift.tt/3wMEtyL

Spiral Out — Using the Golden Ratio and Fibonacci sequence to Predict Bitcoin Price Cycles

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The leading crypto asset bitcoin has seen its value drop more than 53% from its all-time high above the $64k handle, sliding to a low of $30k on May 19. While bitcoin is still down 25% during the last 30 days, it’s hard to forecast where bitcoin’s value is going from here. Although a number of people leverage indicators like the Golden Ratio Multiplier, Fibonacci sequence, logarithmic growth curves, and tools such as the infamous stock-to-flow (S2F) price model to predict future bitcoin valuations. Predicting Bitcoin’s Booms and Busts With…

The post Spiral Out — Using the Golden Ratio and Fibonacci sequence to Predict Bitcoin Price Cycles appeared first on Technology Manias.

from https://ift.tt/3usLbs9

US Sends Bitcoin ATM Operator to Prison for Illegal Operation — 17 Machines Seized

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

A bitcoin ATM operator has been sent to federal prison for two years for running an illegal cryptocurrency exchange operation. U.S. authorities have seized 17 bitcoin ATMs, along with some cryptocurrencies, including bitcoin. Illegal Bitcoin ATM Operator Sent to Prison The U.S. Department of Justice (DOJ) announced Friday that a California man, Kais Mohammad, has been sentenced to two years in federal prison “for operating illegal ATM network that laundered bitcoin and cash for criminals.” The Justice Department said that the 37-year-old operated an illegal crypto business “that exchanged up…

The post US Sends Bitcoin ATM Operator to Prison for Illegal Operation — 17 Machines Seized appeared first on Technology Manias.

from https://ift.tt/3vAcpya

Colleges beg Biden to save international student enrollment

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

A steadily growing pipeline of cash for U.S. colleges and universities from international students was abruptly cut off with the pandemic. Now higher education institutions are looking to the White House to shore up a besieged visa process to bring those lucrative students back. Students from abroad often pay the full sticker price on tuition and fees, making them desirable to admit. But when the pandemic closed borders, canceled flights and shuttered buildings, that cash flow halted. Education groups are looking at President Joe Biden to restore it. American colleges…

The post Colleges beg Biden to save international student enrollment appeared first on Technology Manias.

from https://ift.tt/3uuMy9z

Cordray scraps Trump-era policy hindering state investigations of student loan companies

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Biden administration is rescinding a Trump-era policy that blocked state and federal regulators from accessing records that they need to oversee and investigate some of the nation’s largest student loan companies. Richard Cordray, the new federal student aid chief, announced the change on Friday and vowed to work more collaboratively with state attorneys general and other regulators to police the student loan servicers and debt collectors hired by the Education Department. The policy reversed by Cordray was at the center of years-long disputes between former Education Secretary Betsy DeVos…

The post Cordray scraps Trump-era policy hindering state investigations of student loan companies appeared first on Technology Manias.

from https://ift.tt/3vDLBNC

Policy Hackathon: Can public transit recover from Covid-19?

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Mass transit, almost by definition, is a pandemic-fighter’s nightmare, with strangers crammed into enclosed spaces, breathing the same air. So it’s no wonder that Covid-19 wreaked havoc with America’s public transportation networks. Millions of workers stopped commuting and worked from home, kids stopped going to school, and stores and restaurants shuttered. Empty buses and train cars were a good sign, at first, that people were heeding calls for social distancing. But it got more complicated from there. Within weeks, we realized that grocery employees and hospital workers, renamed “essential workers”…

The post Policy Hackathon: Can public transit recover from Covid-19? appeared first on Technology Manias.

from https://ift.tt/2SFozHq

Democrats plot Medicaid expansion backdoor in red states refusing program

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Democratic lawmakers are rallying around an effort to extend health insurance in states that have refused to expand Medicaid, believing they have a limited window to help millions who’ve been unable to get coverage because of intractable GOP opposition to the Obamacare program. Democrats had hoped that President Joe Biden’s election, along with the promise of new federal cash from the recent Covid relief package for states to expand Medicaid, would move at least some of the dozen remaining holdout states. But there’s little indication those states are budging, which…

The post Democrats plot Medicaid expansion backdoor in red states refusing program appeared first on Technology Manias.

from https://ift.tt/2RTFs1b

Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial Crime Commission (EFCC), Sewanu, who was on the run, was nabbed in Sokoto, a city located in the northwest part of the country. Still, in its May 28 Twitter statement, the EFCC said it would provide details on Sewanu’s capture later. End of the Run The capture of the Inksnation creator comes a few months after the EFCC’s publication of a notice that asked for the Nigerian…

The post Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured appeared first on Technology Manias.

from https://ift.tt/3uBQ41Y

Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers to report profits and losses from their cryptocurrency transactions. Tax Office Targets Australians With Crypto-Related Obligations Concerned about crypto investors evading taxes, the Australian Taxation Office (ATO) has set out to debunk the myth that cryptocurrency gains are only taxable when digital assets are converted into…

The post Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains appeared first on Technology Manias.

from https://ift.tt/34vGkeZ

Spain’s Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The biggest Spanish asset managers are still not convinced of cryptocurrencies as an asset class, and therefore have no plans to invest in the space yet. The declarations of several spokespeople linked to these companies state that, while there is a significant opportunity in the nascent cryptocurrency sector, it is still too young and volatile to put significant investments behind it. Spanish Asset Managers Still Skeptical About Crypto Spain’s largest asset managers are still not convinced crypto is a good investment vehicle, at least for now, according to statements from…

The post Spain’s Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies appeared first on Technology Manias.

from https://ift.tt/3c4MeIp

Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

A new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that the Australian nation’s overall interest in decentralized digital money remains strong. 4.7 Million Australians Would Accept Bitcoin Remuneration The poll has been conducted among 1,000 Australian residents by the comparison website Finder. The company is actually among the first in the country to offer employees the option to take a portion of their…

The post Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds appeared first on Technology Manias.

from https://ift.tt/3uwctxQ

Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic jurisdictions is not one-sided. Islamic Cleric Explains Reasoning Behind Crypto Prohibition At a meeting in mid-April, the Ingush Council of Alims adopted a ban on the purchase and sale of cryptocurrencies by Muslims in the country. The Islamic clergymen said at the time that they…

The post Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia appeared first on Technology Manias.

from https://ift.tt/3p31Wco

Q1 SEC Filing Shows Argentinian Tech Giant Globant Invested in Bitcoin

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Globant, one of the big four tech firms in Argentina, has quietly made its first foray into the world of cryptocurrency investing, according to its latest filing to the SEC. The firm bought bitcoin during the first three months of this year, and is now part of a select number of LATAM unicorns that have taken the approach of putting some of its value in crypto assets. Globant Invests in Cryptocurrency Globant, a software tech giant unicorn based in Argentina, has joined a select group of companies that are currently…

The post Q1 SEC Filing Shows Argentinian Tech Giant Globant Invested in Bitcoin appeared first on Technology Manias.

from https://ift.tt/3fUMDxX

A time for abusing: Trump nukes Paul Ryan’s Reaganesque vision for GOP

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Over the span of 12 hours, the entire dilemma of the post-Trump GOP was encapsulated in a call-and-response between Paul Ryan and former President Donald Trump. At the Ronald Reagan Presidential Library in Simi Valley, Calif. on Thursday night, Ryan had opened a speaker series billed as a conversation about the future of the Republican Party. Trump replied by trashing Ryan from Mar-a-Lago the next morning, serving notice of how difficult that conversation may be. After Ryan suggested that the conservative movement was about more than fealty to the defeated…

The post A time for abusing: Trump nukes Paul Ryan’s Reaganesque vision for GOP appeared first on Technology Manias.

from https://ift.tt/3wHO4GQ

MyPillow CEO flew Kristi Noem to GOP governors conference on his private jet

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

South Dakota Gov. Kristi Noem flew on MyPillow CEO Mike Lindell’s private jet on her way to the Republican Governors Association spring meeting in Nashville, Tennessee, this week, according to two people familiar with the matter. Lindell, a close ally of former President Donald Trump, was kicked out of the event after he had promised to confront Arizona Gov. Doug Ducey and Georgia Gov. Brian Kemp about why they aren’t pushing to overturn the 2020 election results in their states. An RGA official had said he was not allowed to…

The post MyPillow CEO flew Kristi Noem to GOP governors conference on his private jet appeared first on Technology Manias.

from https://ift.tt/3uwZCLB

Opinion | ‘Bipartisanship’ Is Dead in Washington. That’s Fine.

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Washington this week has been obsessed with the hunt for the elusive thing known as “bipartisanship.” Is there a bipartisan deal to be had on China? On Infrastructure? When Senate Republicans filibustered the investigation into the Jan. 6 attack on the Capitol—physical security surely being a bipartisan concern if there ever was one—our own Playbook moaned that “Dreams of a bipartisan, independent investigation into the Capitol insurrection are probably dashed for good.” What dreams were those? Joe Biden ran for president as the “apostle of bipartisanship,” as the New York…

The post Opinion | ‘Bipartisanship’ Is Dead in Washington. That’s Fine. appeared first on Technology Manias.

from https://ift.tt/3fvPkY3

Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Ripple could go public after the SEC lawsuit is resolved, according to CEO Brad Garlinghouse. He reportedly explained that the likelihood of this happening is “very high at some point.” Ripple CEO Brad Garlinghouse was asked at the Consensus 2021 conference on Wednesday whether Ripple will become a public company. He replied that the likelihood is “very high at some point.” Garlinghouse stressed that any initial public offering (IPO) plans would have to wait until Ripple resolves its lawsuit with the U.S. Securities and Exchange Commission (SEC). He further pointed…

The post Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says appeared first on Technology Manias.

from https://ift.tt/3uqxbiw

Ark Invest CEO Says Impossible to Shut Down Bitcoin — Regulators Will Become More Friendly Over Time

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The CEO of Ark Investment Management (Ark Invest), Cathie Wood, says regulators cannot shut down bitcoin. She added that they will become more friendly towards cryptocurrencies over time. Wood is not the only one who thinks that governments cannot shut down bitcoin. Regulators Cannot Shut Down Bitcoin, Says Ark’s CEO Ark Invest CEO Cathie Wood shared her view on bitcoin, its regulation, and environmental impact at the Consensus 2021 conference Thursday. The CEO said that bitcoin is “already on its way and it’ll be impossible to shut it down.” She…

The post Ark Invest CEO Says Impossible to Shut Down Bitcoin — Regulators Will Become More Friendly Over Time appeared first on Technology Manias.

from https://ift.tt/3vyBI3Q

‘Pretty damn scary’: Failure of Jan. 6 commission exposes Senate wounds

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Chuck Schumer and Susan Collins agreed on her changes to a proposed commission investigating the Jan. 6 Capitol riot. That didn’t stop a testy exchange from erupting on the Senate floor in the middle of Friday’s make-or-break vote. An incredulous Collins shook her head after the Senate majority leader set up the doomed roll call on the commission by asking Republicans about to block it: “What are you afraid of? The truth?” As the angered Collins saw it, Schumer had made an overly partisan appeal that omitted her efforts to…

The post ‘Pretty damn scary’: Failure of Jan. 6 commission exposes Senate wounds appeared first on Technology Manias.

from https://ift.tt/3i22Yna

Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U.S. Securities and Exchange Commission (SEC) says the fund’s “investment objective is to gain exposure to the price of ether.” Wisdomtree Follows Vaneck’s Lead and Files for an Ethereum-Based ETF On Thursday, Wisdomtree revealed it wants to list an ether-based ETF on Cboe BZX Exchange, according to the firm’s latest S-1 filing. The SEC must approve the ETF and…

The post Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX appeared first on Technology Manias.

from https://ift.tt/3uq6xGs

US Convenience Store Chain Sheetz to Accept Cryptocurrencies for Payments

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The American chain of convenience stores and coffee shops, Sheetz, announced on Thursday that the firm would be accepting digital currencies like bitcoin, ether, and dogecoin for payments. The major Mid-Atlantic chain’s executive payments manager says accepting crypto-asset acceptance bolsters Sheetz’s mission to provide customers with the “ultimate one-stop-shop.” Convenience Store Chain Sheetz Adds Digital Currency Payments, Fuel Pump Crypto Payments to Roll out This Summer On May 27, Sheetz revealed the company will be accepting crypto payments via the digital payments network Flexa. The company, headquartered in Altoona, Pennsylvania,…

The post US Convenience Store Chain Sheetz to Accept Cryptocurrencies for Payments appeared first on Technology Manias.

from https://ift.tt/3i175jx

Senate Republicans filibuster Jan. 6 commission, likely dooming independent investigation

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Senate Republicans on Friday blocked a bill that would form an independent commission to probe the Jan. 6 Capitol riot, the first filibuster of the year by the chamber’s 50-vote minority. The 54-35 vote, with six Republicans breaking ranks to join every Democrat in favor, came after Senate Minority Leader Mitch McConnell lobbied his members forcefully against the House-passed commission measure. The vote was delayed through the night by a handful of Senate Republicans who obstructed China competitiveness legislation, though Democrats decided to punt that bill until after the Memorial…

The post Senate Republicans filibuster Jan. 6 commission, likely dooming independent investigation appeared first on Technology Manias.

from https://ift.tt/34raFeN

Biden budget won’t clear up Congress’ infrastructure limbo

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The release of President Joe Biden’s budget on Friday was supposed to be the green light for Democrats to go it alone on his $4 trillion infrastructure plan. Instead his party is stalled at the intersection. Biden will release that long-awaited fiscal year 2022 budget plan on Friday, a crucial first step for congressional Democrats to unlock the legislative powers to pass an infrastructure package without GOP votes. But as long as the White House and Senate GOP are still talking, those party-line plans are essentially on ice. And while…

The post Biden budget won’t clear up Congress’ infrastructure limbo appeared first on Technology Manias.

from https://ift.tt/3uprHEI

SEC Urges Congress to Pass Cryptocurrency Legislation to Protect Investors

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The U.S. Securities and Exchange Commission (SEC) has urged Congress to pass cryptocurrency legislation to protect investors, the new SEC chairman has revealed. The securities regulator is also working with the Commodity Futures Trading Commission (CFTC) and the U.S. Treasury Department to combat criminal activity facilitated by cryptocurrencies, the chairman noted. SEC Working With CFTC, Treasury on Crypto Regulation, Urges Congress to Pass Legislation The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked Congress to take action regarding cryptocurrency legislation, he told the House…

The post SEC Urges Congress to Pass Cryptocurrency Legislation to Protect Investors appeared first on Technology Manias.

from https://ift.tt/3fuC6um

Apple Hiring Manager With Cryptocurrency Experience to Launch New Alternative Payments Programs

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Apple Inc. has posted a job notice for a business development manager with cryptocurrency experience. “This position will be responsible for the end-to-end business development, including screening partners, negotiating and closing commercial agreements, and launching new programs,” the job posting describes. Apple to Hire Manager With Crypto Experience to Lead Its Alternative Payments Efforts Apple Inc. posted a job notice on Tuesday for a “business development manager – alternative payments.” The job posting states that “The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager…

The post Apple Hiring Manager With Cryptocurrency Experience to Launch New Alternative Payments Programs appeared first on Technology Manias.

from https://ift.tt/3usJvi3

BoJ’s Kuroda Criticizes Bitcoin — Central Bank Governor Says Trading Is ‘Barley Used for Settlement’

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday. BoJ’s Kuroda Says Bitcoin ‘Volatility Is Extraordinarily High’ Bitcoin prices have slumped again on Friday after a tumultuous week. After tapping a daily high on Thursday at $40,125 per unit, bitcoin (BTC) dropped to a low of $35,146 losing more than 12% in value. Since then, however, BTC has managed to regain some losses and climb back above…

The post BoJ’s Kuroda Criticizes Bitcoin — Central Bank Governor Says Trading Is ‘Barley Used for Settlement’ appeared first on Technology Manias.

from https://ift.tt/3vxhLdJ

SuperBid (SUPERBID) Token Is Now Listed on Bitcoin.com Exchange

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of SUPERBID, being available to trade on the 28th May 2021 at 12:00 UTC. The SUPERBID token was created by its respective team to fuel it’s social-auction app enabling its users to connect influencers with their fans in exchange for items, experiences, and NFTs. SUPERBID will start trading with a USDT pair. What is SuperBid? The SuperBid auctioning app gives influencers a network to earn significant revenue for their content. On SuperBid, influencers will be able to auction off physical…

The post SuperBid (SUPERBID) Token Is Now Listed on Bitcoin.com Exchange appeared first on Technology Manias.

from https://ift.tt/3wGZsD2

NFT Weekly Roundup: Bluezelle’s Innovative Solution, Rob Prior’s Live Stream, Ap’s Iconic NFT Collection, and the Br8ve Auction

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

While cryptocurrencies experienced their fair share of ups and downs over the week, nothing is holding back the stratospheric rise of NFTs. As another busy week comes to a close, a lot has unfolded in the world of NFTs. Here’s a quick rundown of the top events of this week. Bluzelle Revamps Itself to Overcome NFTs’ Critical Storage Problems Bluzelle, the decentralized data network for dApps, undergoes a massive transformation to bring forth a new and updated version, Bluzelle 2.0. While it started as a decentralized database, the platform has…

The post NFT Weekly Roundup: Bluezelle’s Innovative Solution, Rob Prior’s Live Stream, Ap’s Iconic NFT Collection, and the Br8ve Auction appeared first on Technology Manias.

from https://ift.tt/2RKDMHq

A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers behind this crisis that made Venezuelans change their whole way of living? How Venezuela Adopted Crypto: The Numbers It is a popularly known fact that Venezuela is one of the countries that have adopted cryptocurrency with the most force in…

The post A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption appeared first on Technology Manias.

from https://ift.tt/34s9M5y

The Hidden History of How Washington Embraced UFOs

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The meetings began in 1995, in a conference room in an office tower near the Las Vegas airport. The group started small: there were a handful of scientists and engineers; there was a CIA spy. There was an ex-Army colonel, and two Apollo astronauts. And there was the person who’d hand-picked the group and invited them to Las Vegas: Robert Bigelow, a Nevada real-estate magnate. He wanted to talk about aliens. Bigelow, just turning 50 at the time, had made enough money as a commercial developer, opening budget hotels across…

The post The Hidden History of How Washington Embraced UFOs appeared first on Technology Manias.

from https://ift.tt/3i02VbO

Neera Tanden is back. Could she be more powerful?

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

When Neera Tanden assumed a role as senior adviser at the White House last week, after her bid for a Cabinet post went off the rails, it was viewed as a consolation prize. In reality, Tanden may have just stepped into a more quietly powerful position: entering President Joe Biden’s inner sanctum and avoiding the scrutiny from her detractors that would have come with a more public-facing role. As senior adviser, Tanden is now among a small, select circle of advisers in the White House. She’s included in daily briefings.…

The post Neera Tanden is back. Could she be more powerful? appeared first on Technology Manias.

from https://ift.tt/3wzDbqs

Nigeria’s Naira Loses Ground on Forex Black Market Just a Few Days After Devaluation

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Nigerian naira currency lost further ground against major currencies after it depreciated to 493 nairas for one dollar on the black market on May 25, 2021. Before the latest depreciation, the currency had stabilized at around 485 nairas to the dollar. This was shortly after the exchange rate dropped to a three and a half year low rate of 500 nairas for one dollar back in November 2020. Renewed Pressure on the Naira As one report explains, the naira’s latest depreciation comes just a week after the Central Bank…

The post Nigeria’s Naira Loses Ground on Forex Black Market Just a Few Days After Devaluation appeared first on Technology Manias.

from https://ift.tt/3fQF5fL

Kyrgyzstan Seizes 2,000 Cryptocurrency Mining Devices

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Law enforcement authorities in Kyrgyzstan have confiscated thousands of crypto mining machines as part of a new offensive against illegal cryptocurrency mining in the country. Investigators have also identified industrial enterprises that have been supplying the bitcoin farms with electricity. Security Service Conducts Operation Against Illegal Mining in Kyrgyzstan The State Committee for National Security (GKNB), Kyrgyzstan’s organized crime-fighting agency, has recently found and raided a number of facilities mining cryptocurrency outside the law. The special operation has been conducted in the capital Bishkek and Chuy Oblast, the country’s northernmost…

The post Kyrgyzstan Seizes 2,000 Cryptocurrency Mining Devices appeared first on Technology Manias.

from https://ift.tt/3vvWIZ0

Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that Blockfi, one of its contenders, is facing now to increase its share in the sector. Ledn Raises $30 Million in Latest Funding Ledn, a Canada-based cryptocurrency lending platform managed to raise $30 million in its Series A funding round,…

The post Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round appeared first on Technology Manias.

from https://ift.tt/34syJhg

How Pocketnet & Pocketcoin (PKOIN) Are Set to Change the Internet Forever With Crypto & P2P Tech

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Pocketnet is a fundamentally new way to build a social media platform powered by the cryptocurrency Pocketcoin (PKOIN). It is a mix of traditional social media platforms and Bitcoin with some cutting-edge new features, such as the ability to auction off your content through NFT-Scarce. Pocketcoin (PKOIN) is a Proof-of-Stake token that allows authors to earn crypto for their content and protects them from arbitrary censorship through community moderation. Blockchain tracks reputation and high reputation users moderate the platform. PKOIN is for decentralized advertising, boosting posts, buying unique fonts and…

The post How Pocketnet & Pocketcoin (PKOIN) Are Set to Change the Internet Forever With Crypto & P2P Tech appeared first on Technology Manias.

from https://ift.tt/3oVJjqy

NBA Legend Paul Pierce and Poker Hall of Famer Phil Ivey to Join Joe Lubin of Consensys for a Virtue Poker Charity Tournament

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Virtue Poker revealed plans to organize a high-stakes 12-player celebrity poker tournament on its platform, live-streamed on Twitch, with the winner donating the event’s proceeds to their preferred charitable organization. Celebrity Charity Tournament Features NFTs & Giveaways Virtue Poker, one of the first decentralized casinos to use Ethereum and peer-to-peer networking, will soon host a charity poker tournament on its platform. Scheduled for June 22nd, the event will feature several renowned industry personalities alongside exclusive prizes and giveaways. Poker pro players Brian Rast, Poker Hall of Famer Phil Ivey, NBA…

The post NBA Legend Paul Pierce and Poker Hall of Famer Phil Ivey to Join Joe Lubin of Consensys for a Virtue Poker Charity Tournament appeared first on Technology Manias.

from https://ift.tt/3unzW44

Senate GOP moderates fume as McConnell prepares to block Jan. 6 commission

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

During Thursday’s Senate Republican lunch, Sen. Susan Collins made one last plea to her colleagues to advance a proposed independent commission to probe the Capitol riot, with changes she fought for. Senate Minority Leader Mitch McConnell spoke right after her. And the GOP leader is set to win the day, much to the consternation of a handful of his members who fear the party is making a mistake in voting down the House-passed commission bill on Thursday night or possibly Friday morning. After an increasingly hard public and private push…

The post Senate GOP moderates fume as McConnell prepares to block Jan. 6 commission appeared first on Technology Manias.

from https://ift.tt/34qwqvm

Billionaire Carl Icahn Mulls Over Diving Into Cryptocurrency in a ‘Big Way’ With About $1.5 Billion Investment

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Billionaire investor Carl Icahn, the founder of Icahn Enterprises, says that his company is exploring how to get involved in cryptocurrency “in a relatively big way,” which he said could be an investment of about $1.5 billion. Carl Icahn Exploring Getting Into Cryptocurrency Carl Icahn, the founder and controlling shareholder of Icahn Enterprises, a diversified conglomerate holding company based in New York City, revealed his cryptocurrency plan in an interview with Bloomberg on Wednesday. He said: I’m looking at the whole business and how I can get involved in it…

The post Billionaire Carl Icahn Mulls Over Diving Into Cryptocurrency in a ‘Big Way’ With About $1.5 Billion Investment appeared first on Technology Manias.

from https://ift.tt/3c0MPut

Danish Central Banker Tempted to Ignore Cryptocurrency — Sees Real Threat in ‘Big Tech Invading Currency Area’

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Denmark’s central bank governor Lars Rohde says that he can be tempted to ignore cryptocurrency, stating that it is not a threat to the central bank at present. However, he pointed out that the real threat could come from big technology companies “invading the currency area or the transaction means.” Denmark’s Central Bank Governor Tempted to Ignore Cryptocurrency Danish central bank governor Lars Rohde discussed cryptocurrencies on Bloomberg from Copenhagen on Wednesday. He was asked whether the central bank sees the rise in cryptocurrency trading as a serious economic threat.…

The post Danish Central Banker Tempted to Ignore Cryptocurrency — Sees Real Threat in ‘Big Tech Invading Currency Area’ appeared first on Technology Manias.

from https://ift.tt/3wENU33

Senate Democrats pile on GOP infrastructure counteroffer

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Senate Democrats panned the Republicans’ latest counteroffer on infrastructure Thursday, signaling a bipartisan agreement remains far out of reach. The Democratic opposition rises in response to Republicans’ new $928 billion infrastructure proposal Thursday morning. But there’s a wide gulf between the GOP and the White House on top lines, with Republicans proposing $257 billion in new spending and the White House’s last proffered number at $1.7 trillion. “It’s just not particularly genuine,” said Sen. Sherrod Brown (D-Ohio). “They refuse to go big. Their leader has said they want Biden to…

The post Senate Democrats pile on GOP infrastructure counteroffer appeared first on Technology Manias.

from https://ift.tt/3yCxn1k

Zimbabwean Fintech Lawyer and Proponent Pushes for Crypto Regulation via Private Legislative Bill

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

A Zimbabwean fintech lawyer, Prosper Mwedzi, recently initiated a process that seeks to bring recognition and regulation of cryptocurrencies. Under this private member bill procedure, a legislative proposition initiated by private citizens will be debated in the Zimbabwean parliament. If the crypto regulation bill succeeds in garnering the required support, it will become part of the country’s national laws. Meanwhile, Mwedzi’s attempt to use the private bill to bring regulation to Zimbabwe’s crypto space comes more than two years after the Reserve Bank of Zimbabwe (RBZ) issued a public advisory…

The post Zimbabwean Fintech Lawyer and Proponent Pushes for Crypto Regulation via Private Legislative Bill appeared first on Technology Manias.

from https://ift.tt/3uqMjMU

$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

According to data from Skew Analytics, more than 55,000 bitcoin options contracts worth $2.2 billion will expire on Friday. Statistics further show, as far as options are concerned, Deribit captures the lion’s share of contracts with 48,469 bitcoin options contracts ($1.95 billion notional) set to expire. 55K in Bitcoin Option Set to Expire, Deribit Carries $1.95 Billion Notional Another large options expiry is set to happen on May 28, 2021, following last week’s bitcoin (BTC) market sell-off. The analytics provider’s Twitter account from skew.com revealed on May 25, 2021, that…

The post $2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned appeared first on Technology Manias.

from https://ift.tt/34ouDa1

Shield Protocol: Tokenomics for a Trustless and Long-Term Value Decentralized Network

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Like Bitcoin, DeFi’s ambition to build a fully decentralized global network is the fundamental source of its revolutionary characteristics – that of being trustless and enabling disintermediation. It is these two characteristics that build the core value of DeFi and determine its long-term market growth. It’s easy to see why this is so: On the one hand, the core model of any DeFi project must be zero-centric in order to carry unlimited trust, exhibiting the value of a decentralized network beyond the market value of one single product or a…

The post Shield Protocol: Tokenomics for a Trustless and Long-Term Value Decentralized Network appeared first on Technology Manias.

from https://ift.tt/2TjHVSR

Biden mocks Republicans for promoting recovery plan they voted against

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

CLEVELAND — President Joe Biden continues to negotiate with Republicans on his big-ticket spending plans. But on Thursday, when he left Washington, he mocked them for voting against the coronavirus recovery package and then turning around and promoting the bill. “If you’re going to try to take credit for what you’ve done, don’t get in the way of what we still need to do,” he said during a visit to Northeast Ohio, holding up a list for 13 Republicans. “Not a single one of them voted for the rescue plan.…

The post Biden mocks Republicans for promoting recovery plan they voted against appeared first on Technology Manias.

from https://ift.tt/3i22Fc6

Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the effort counters the hostile ‘Blood Bitcoin’ narrative in regard to recent environmental concerns over proof-of-work (PoW). Veriblock to Secure Dogecoin via PoP and Bitcoin’s PoW The Veriblock Foundation, a nonprofit created to bolster the adoption of Veriblock’s PoP securitizing consensus algorithm, has revealed a new initiative dedicated to securing the Dogecoin network. Presently, Veriblock developers are in the midst of…

The post Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin appeared first on Technology Manias.

from https://ift.tt/3bWzcwg

Republicans offer infrastructure counter well short of Biden vision

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Senate Republicans unveiled a $928 billion infrastructure counteroffer Thursday in an effort to reach a bipartisan agreement with the White House, even as progressives are losing patience. The proposal comes as bipartisan talks are set to go past the Biden administration’s unofficial deadline of Memorial Day. But the latest GOP offer only includes $257 billion in new spending, a far cry from the White House’s last proffered number of $1.7 trillion. “We believe this counteroffer delivers on what President Biden told us in the Oval office that day and that…

The post Republicans offer infrastructure counter well short of Biden vision appeared first on Technology Manias.

from https://ift.tt/3usBzh0

Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker Reports Record High Video Card Sales Supported by Crypto Miners Announcing its first fiscal 2022 results, Nvidia revealed its total revenue rose 84% in Q1 that ended on May 2. The record high $5.66 billion figure, which exceeded preliminary expectations, comes from the company’s gaming,…

The post Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1 appeared first on Technology Manias.

from https://ift.tt/2SwZ23p

White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less powerful. Now critics like JPMorgan Chase CEO Jamie Dimon and American economist Larry Summers have blasted the Biden administration because they expect inflation to grow “considerably higher.” Americans Watch Purchasing Power Sink While Analysts Suspect Even More Inflation on the Horizon Inflation has been a worry for American citizens ever since…

The post White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation appeared first on Technology Manias.

from https://ift.tt/3upINCs