Tag: cryptocurrency
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Crypto-Miner Shutdown
With the rise of crypto currency, so to came the rise of energy consumption. On average, crypto mining, specifically Bitcoin mining, consumes over 1,173 kilowatt hours of electricity. This amount of energy is astronomical. The equivalent usage could go towards “power[ing] the typical American home (and city) for six weeks,” (fortune.com). In the shadow of…
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Big Rugs – Crypto Scams
With certain coins reaching massive heights in 2021, there also were the biggest scams recorded in crypto history playing out, sometimes right in front of the public eye. Scam examples this year you may have heard of:1. Squid Game Token2. SaveTheKids & FaZe saga3. Adin Ross – MILF token4. Fake Press Releases – Walmart Cypro…
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US Government vs The ‘Silk Road’
With being a modern US citizen, it is more than likely the average individual works a full time job, with a form of supplementary income. On average you can meet someone who is living such a lifestyle with their ‘side hustle’ being based around a passion of some kind. But what if the ‘side hustle’…
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Bitcoin vs Evergrande
As 2021 draws to a close, the global markets are taking note of massive financial institutions that are feeling the pressure of the record breaking inflation rates that topped out at 6.2% over the span of the last year. With this inflation came two situations. This high inflation percentage was accredited with assisting Bitcoin reaching…
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Crypto and Gaming
What happens when you combine a multi-trillion dollar community with millions of users, and a multi-billion dollar industry with billions of users? Developers belonging to DeFi focused cryptocurrency are attempting something truly revolutionary. They are attempting to see what happens when that question is put into a real world scenario. Project Quantum Works is one…
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US Oversight On Crypto
POTUS Biden is attempting to push an executive order that would offer federal oversight on crypto markets. In a article on Bloomberg.com, the executive order is described as an ‘..initiative [that] will also aim to coordinate agencies’ work on digital currencies throughout the executive branch..’ This will be some of the first major actions taken…
Legal Crypto Report 