Crypto Regulation Bill Approved By California Assembly
The Digital Financial Assets Crypto Regulation Law has been criticized by people in the industry because it is like New York’s BitLicense. California Gov. Gavin Newsom is going to sign a bill that would require digital asset exchanges and other crypto companies to get a license to do business in the state. The bill was […]
Crypto mining malware infects miners on 112,000 PCs
This cunning malware, which masquerades as legal desktop software, has infected thousands of computers across 11 countries, forcing people to unintentionally mine Monero (XMR). According to a recent study, crypto mining malware has been covertly infecting millions of machines worldwide since 2019 by disguising itself as trusted applications like Google Translate. The virus has been […]
IOG Funds $4.5M Blockchain Research Hub at Stanford University
IOG gave $500,000 to Stanford to help pay for research on scaling blockchains. Input Output Global (IOG), which is building the Cardano blockchain, has given $4.5 million to Stanford University to build a blockchain hub. This is the latest in a series of research hubs at universities around the world. IOG has opened research labs […]
Texas Bitcoin Mining Gold Rush Comes To An End
The new time for Bitcoin mining in the state might look more like a grind than a boom, but it could be better for the electric grid. Once upon a time, Texas was the promised land for bitcoin miners. It was a business-friendly state with stable rules and a steady supply of energy. But now […]
FedNow instant payments service Set for Launch in 2023
People see the FedNow instant payments service as a step toward putting in place a CBDC in the future. The U.S. Federal Reserve has moved the launch of its FedNow platform for instant payments to between May and July of 2023.A press release says that the service will be available to financial institutions of any […]