Senate Proposal Raises Concerns About El Salvador’s Bitcoin Adoption
Senators in the United States presented legislation on Wednesday 16th February demanding the State Department to submit a report on El Salvador’s Bitcoin Law and devise a plan to “mitigate possible dangers to the United States’ financial system.” Jim Risch (R-Idaho), Bob Menendez (D-N.J.), ranking member and chairman of the Senate Foreign Relations Committee, and […]
Cloud $9 Million: Fluence Labs to Liberate Web3 From AWS With New Funding
Cloud computing is a highly centralized industry, with a few big-name firms like Amazon Web Services, Microsoft Azure, and Google Cloud ruling the roost. When their servers fall down, the internet becomes as dark as the night. What Fluence Labs has in stock for the web Fluence Lab s is one of the Web3 initiatives […]
Nvidia’s Crypto mining chip sales continue to plummet
In February of last year, Nvidia announced the introduction of crypto-specific CMPs as a measure to safeguard gamers’ purchases of its flagship GPUs. Nvidia reported $266 million in sales from its CMP subsidiary in the second quarter of last year. Nvidia on crypto mining While its conventional GPUs are capable of cryptocurrency mining, the firm […]
Mastercard to hire 500 people to expand its crypto consulting division
Mastercard, the world’s largest payment processor, wants to get further involved in the bitcoin market. As a result, the business intends to extend its advisory services to include new practices focusing on open banking, open data, crypto, and digital currencies, as well as Environment, Social, and Governance (ESG). Getting a Glimpse of Digital Currency Adoption […]
1inch Network launches Spot Price Aggregator
1inch Network, a protocol that connects decentralized projects, has released a spot price aggregator to extract data for assets traded on blockchain-based DEXs. The application calculates a liquidity-weighted average of token spot prices. 1inch advised utilizing it off-chain to avoid difficulties inside transactions. Latest Instrument from 1inch According to a recent paper, 1inch ‘s spot […]