New York State Senate Energy and Telecommunications Committee Chairman Kevin Parker introduced a bill that proposes a moratorium on mining cryptocurrency using electricity generated by burning fossil fuels in the state for a period of three years. The senator argues that the mining of cryptocurrency should be banned to reduce the negative impact on the…
Oakland Athletic fans will be able to purchase a pass for two to play the Toronto Blue Jays for 100 Dogecoin The Oakland Athletics Baseball Club of the US state of California began selling tickets for the games on May 3-6 for Dogecoin. The fans of the team now have the opportunity to purchase tickets…
The Digital Dollar Foundation will partner with Fortune 500 consulting firm Accenture to launch five pilot projects this year to test the digital dollar. This was announced by Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC) and co-founder of the Digital Dollar Foundation. He said that over the next two months, the…
The service was developed in collaboration with blockchain startup Pinata based on Filecoin and IPFS technologies. NFT.Storage provides protection for tokens and their associated metadata. When a user uploads data to a service, IPFS generates an address associated with a unique cryptographic hash identifier (CID). This approach avoids a number of problems, for example, the…
Phase one for the project reached its 250,000 DOT token hard cap. Phase two is looking to net the remaining 750,000 DOT required to land a parachain. Decentralized finance (DeFi) platform Equilibrium has raised around $8.5 million as part of the process to launch its suite of services on the Polkadot network. Equilibrium, which calls…