More Chinese cities will be added to the nation’s digital yuan pilot – with a rollout edging closer to reality. Per the newspaper the Workers’ Daily, the city of Jinan, Shandong Province, will be added to the pilot area. Also joining the pilot will be Nanning and Fangchenggang in the Guangxi Zhuang Autonomous Region, as well as Yunnan Province’s Kunming. The Xishuangbanna Dai Autonomous Prefecture will also be added.
Historically, the market movements of Dogecoin had the tendency to follow the developments surrounding the Tesla CEO, whether positive or negative, including an influx of $5 billion into its market cap in five weeks upon Musk’s acquisition of Twitter. Earlier, the price of Dogecoin had gained 8% upon rumors that Musk and Buterin were planning to work together to upgrade DOGE, as well as soaring 25% in a week upon the news that the launch of the DOGE-1 lunar satellite was fast approaching.
Ethereum (ETH) core developers are now targeting a March deadline for the highly anticipated Shanghai network upgrade, which will allow staked ETH to be withdrawn.Speaking in a recent developer call, Ethereum lead developer Tim Beiko said that enabling staking withdrawals is “clearly the highest priority for everybody.”During the call, Ethereum core developers agreed on a tentative March deadline for rolling out the Shanghai upgrade, which is needed to enable withdrawals.
Under the new rules, European customers would be able to download alternative app marketplaces outside of Apple’s proprietary App Store, thus allowing them to download apps that skirt Apple's 30% commissions and app restrictions according to a Dec. 13 Bloomberg report citing those familiar with the matter.
To list just some of PayPal’s notable deplatformings, it has shut down the accounts tied to the censorship-free focused Freedom Phone startup, news website Consortium News, the Free Speech Union lockdown sceptic blog The Daily Sceptic. All of which could be deemed as leaning right politically, or at least as holding alternative views.
At these “depressed profitability levels, even miners using energy-efficient machines like the Antminer S19j Pro need access to electricity priced lower than $0.08 per kWh,” said Jaran Mellerud, an analyst at Luxor. Even though the average energy price on the network is about $0.05 per kilowatt hour (kWh), many miners are paying about $0.07 - $0.08 per kWh, Mellerud said.
The senator demanded new regulations to govern the crypto industry after the collapse of the crypto exchange FTX. Elizabeth Warren led cryptocurrency bill in works, may give SEC most regulatory authority. Warren’s office is investigating crypto-related issues, including taxation, regulation, climate, and national security, according to details by Semafor, which “could change.”
Vitalik Buterin says that money, blockchain identities, decentralized finance (DeFi), decentralized autonomous organizations (DAOs) and hybrid applications are the top developments he is excited about in the Ethereum ecosystem. In a Dec. 5 blog post, the Ethereum co-founder describes his experience of using Ether as a means of payment in a cafe in Argentina
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