The city council of Fort Worth, Texas, has approved mining Bitcoin, and will use three ASIC Bitmain AntMiner S9 rigs donated by the Texas Blockchain Council. The rigs, which have a maximum hashrate of 13.5 terahash per second (TH/s), will operate on a private network in a climate-controlled data center at City Hall. A terahash equals 1 trillion hashes, or…
The Central African Republic is developing a legal framework enabling the economic use of cryptocurrencies like bitcoin. The Finance Minister explained they will not be replicating El Salvadoran legislation that made bitcoin legal tender.Infrastructure development will be required to achieve wide-spread economic use of cryptocurrencies. The Central African Republic has launched the creation of a legal framework that will allow…
The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen “growing interest from plan sponsors” that wanted to add bitcoin to retirement plans. Fidelity Is Giving Workers…
The Bitcoin meme “Wen Lambo” might be making a comeback. For JayFab, a Redditor who owns and operates a welding and fabrication company, it’s certainly the case. Working in Kansas City, Missouri, in the Midwest, JayFab told Cointelegraph that he took payment in Bitcoin (BTC) for the repairs made to a Lamborghini Aventador. The Lamborghini in question. Source: Bitcoin subreddit. JayFab…
The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the top three trending altcoins you might want to consider looking at in 2022. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the…
While there’s been plenty of news about upcoming Web3 games in recent months, few are focused on Web3 integrations for Web2 games. With its upcoming platform set to launch in beta in June, GamerGains wants to offer crypto rewards to traditional gamers. GamerGains today announced a $5.8 million seed round led by Cadenza Ventures, with FTX, Winklevoss Capital, BlockFi, Tiger…
The first Australian bitcoin spot ETF from Cosmos Asset Management has been delayed. The delay comes as a surprise since the national clearing house and corporate regulator had previously greenlit the product. AFR reports that an unknown “prime” or “executing” broker is behind the delay. ETF Securities and 21 Shares were set to launch Australia’s first bitcoin spot exchange-traded fund…
By Joe Lallouz, Head of Coinbase Cloud Coinbase Cloud is pleased to announce support of liquid staking through a collaboration with the Acala Foundation, starting with KSM liquid staking on Karura. Liquid staking lets token holders stake their tokens while still putting them to work in DeFi — without being subject to unbonding periods. This offers token holders more opportunities…
Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digitization plan that the city has named “Buenos Aires+” that seeks to simplify the relationship the city has with citizens. Buenos Aires Government to Introduce Cryptocurrency…
In terms of policy, Greg Tanaka calls himself a legislator for the digital age and possibly the most pro-crypto person running in this election cycle. Now a Palo Alto City Council member, he has set his sights on the United States House of Representatives seat for California’s 16th: the Silicon Valley district. In an interview with Cointelegraph, the self-described nerd…
