Public Bitcoin mining companies plagued with $4B of collective debt
[ad_1] The recent bankruptcy filing of Bitcoin (BTC) miner Core Scientific despite a $72M relief offer from creditors raised questions about the overall health of the bitcoin mining community amid a prolonged bear market. Turns out, the public bitcoin miners owe more than $4 billion in liabilities and require...
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China begins next phase of CBDC testing with e-CNY payment for public transport
[ad_1] According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency (CBDC) pilot test program. In the city of Guanzhou, it is now possible to pay for public bus rides with the digital yuan (e-CNY) CBDC on 10 transit...
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Coinbase Commits $1 Million for Public Goods in partnership with Gitcoin | by Coinbase | Jun, 2022
[ad_1] Tl;dr: Coinbase commits $1 million for Public Goods through Gitcoin, including $200,000 for upcoming Grants Round 14. Today, Coinbase is pleased to announce its ongoing support of digital public goods — or open-source software supporting open-source protocols — in collaboration with Gitcoin. With this $1 million commitment, Coinbase...
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