Biden directive restricts MineOne's property acquisition near missile base for national security. Divestment mandated within 120 days. Treasury proposes crypto mining tax increase. Industry reacts with Coinbase PAC formation. Controversy surrounds Biden's crypto stance, impacting upcoming elections.
Xu LinThree Arrows Capital co-founders Su Zhu and Kyle Davies launched a new bankruptcy claims trading marketplace to trade claims of bankrupt crypto firms like FTX and Celsius.
BeincryptoFurthermore, the developing story has now led to the resignation of The Block CEO, Michael McCaffrey.
OthersThe Crypto-Asset Environmental Transparency Act would direct the EPA to impose greenhouse gas emission reporting rules on crypto mining facilities.
OthersBitcoin uses half the energy that is wasted every year in the U.S.
Beincrypto
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Bitcoinist“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
Cointelegraph