Month: August 2024

Recently, Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), officially declared that the Mpox outbreak, commonly known as monkeypox, is now a public health emergency of international concern. Following this announcement, Polymarket users have started placing bets on whether Mpox will be categorized as a pandemic in 2024. Polymarket Bettors Give […] Source: https://news.bitcoin.com/pandemic-fears-ignite-as-mpox-outbreak-leads-to-high-stakes-betting-on-polymarket/

Last week, crypto educational gaming startup PiP World announced acquired a Roblox stock-trading game called StockRise, which raised some eyebrows. Why would a crypto company buy a user-created game on a platform largely populated by kids and teens? Roblox allows users to create their own games and worlds that anyone can explore and play in. Within the curated “learn and…

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International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate a potential reduction in emissions by 100 million tons annually, while generating […] Source: https://news.bitcoin.com/imf-economists-suggest-electricity-tax-to-lower-crypto-and-ai-environmental-impact/

Illustration by Mitchell Preffer for Decrypt. It was a quiet week in the crypto sphere. Even so, “quiet” in crypto is still not for the faint of heart. Bitcoin was at one point trading for above $60,000 again on Monday, but things took a turn for the worse and by Thursday it had—seemingly unexplainedly—crashed to as low as $57,787. It…

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The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified that it has no plans to review its diaspora remittances policy. According to the RBZ, the market had misconstrued a video on social media in […] Source: https://news.bitcoin.com/zimbabwe-central-bank-denies-forced-remittance-conversion-claims/

A Brazilian federal judge has ordered criminal charges against Johann Steynberg, the late CEO of the bitcoin trading platform Mirror Trading International (MTI), to be dropped after a police investigation confirmed reports of his death. The order was handed down by Judge Silvio Gemaque, who said Steynberg’s death certificate was added to the case file. […] Source: https://news.bitcoin.com/brazilian-judge-ends-inquiry-into-bitcoin-ponzi-scheme-masterminds-death/