Arkansas Senate rejects mining facility zoning restriction bill
The original bill argued that mining facilities could pose a national security risk by compromising US military installations.
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Precious Ledgers: Why Blockchain Is the Right Fit for Gold and Diamonds
This week, two major news within the precious metals industry broke. First, the world’s largest diamond company, Russia’s Alrosa, joined a blockchain project aimed at increasing transparency. Secondly, the world’s largest bank, JPMorgan, reportedly started to use its blockchain to tokenize gold.Indeed, blockchain has been pioneering both gold and diamond industries — complex ecosystems that…

NFT prices take a gut punch as the crypto bear market deepens
Without fail, crypto has a way of humbling even the most self-assured and this market is definitely not for the faint of heart. NFT investors have entered what appears to be a bear market and the recent chaos is also impacting community morale. The decline in NFT prices occurred as the United States Federal Reserve raised…

Bitcoin price spikes to $20K as whale bought BTC confirms support
Bitcoin bounces to five-day highs while Ethereum rises above the $1,100 mark. 1618 Total views 53 Total shares Bitcoin (BTC) rose to clip $20,000 for the first time in five days on July 4 as the Independence Day holiday brought some unexpected gains.BTC/USD 1-hour candle chart. Source: Tradingview.com$20,000 briefly reappearsData from Cointelegraph Markets Pro and…

BitMEX CEO Expects Investors to Follow Paul Tudor Jones’ Move to Bitcoin
BitMEX’s CEO expects that Paul Tudor Jones will bring more big investors to the crypto market by investing in Bitcoin. Paul Tudor Jones, a legendary hedge fund investor, triggered massive excitement in crypto markets yesterday by revealing that Bitcoin (BTC) is part of his portfolio. Traders and industry players like BitMEX’s CEO expect that the…

Korea’s Largest Power Provider to Use Blockchain for Eco-Friendly Micro Grid
Korea’s largest power provider KEPCO says it will use blockchain and other innovative energy solutions to develop its next-generation micro grid (MG), according to an official press release Nov. 19.KEPCO is a $15.9 billion market cap corporation in which the South Korean government and state-controlled bank hold a majority stake; it has a “virtual monopoly”…

FTX website comes back online with message advising against deposits
Neither FTX CEO Sam Bankman-Fried nor any FTX official has provided its users with clarity as to why FTX’s website was taken down. Financially-troubled crypto exchange FTX has brought its website back online following a period of intermittent downtime — with the trading platform now sporting a banner confirming withdrawals are halted and advising users…

Google Cloud furthers Bitcoin Lightning ambitions with Voltage partnership
Google Cloud is the latest company to show interest in Bitcoin (BTC) Lightning. The $225-billion cloud and data service recently partnered with Voltage, an infrastructure provider specializing in the Bitcoin Lightning Network. The partnership will allow one of the world’s largest cloud computing providers to roll out Bitcoin-based services worldwide while assisting the expansion of Voltage’s…

Blockchain venture capital funding down over 43% in July: Report
Typically a lagging indicator of the sector’s health, the explosion of venture funding in the blockchain sector in 2021 and the first half of 2022 appears to be cooling off after seven consecutive sectors of growth. According to Cointelegraph Research, inflows in the blockchain venture capital market have declined by 43% month-on-month in July 2022.The…