Coindesk

Crypto Reverses Early Gains, Bitcoin Dives Back to $69K

Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.Source link

Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.

Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier this year.Source link

With Decentralized AI and Tokenized Ownership, We Can Fight ‘The Six’

Orthodox venture capital will never provide the resources for decentralized AI to take on Microsoft, Alphabet, Apple, et al. The only way is to supplant equity financing with user-owned, token-based systems, says Michael J. Casey, Chairman of The Decentralized AI Society.Source link

Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.Source link

Jeff Bezos Just Made The Media’s Trust Problem Worse

But Web3 can fix it, says Zack Guzman, the founder of Trustless Media.Source link