Monthly Archives: April 2022

What is happening? California is considering  Senate Bill 1275 that would make cryptocurrency tender for purchasing state and local government services- like taxes or vehicle registration. Why is this important? California State Controller Betty Yee has indicated concerns about consistent financial reporting with cryptocurrency. An economist at Loyola Marymount University said, “I think it is […]

What is happening? at the FTX and SALT’s Crypto Bahamas event. Crypto miners talked about energy efficiency and regulatory certainty. Why is this important? The efficiency is focused on their mining by improving hashrate efficiency (the amount of power that a machine requires to produce a bitcoin) & data mining centers becoming more specialized and […]

What is happening? As part of North Carolin’a budget bill it prohibited state and local governments from communicating with ransomware hostage takers. Why is this important? If anyone watched Texas House Committee on State Affairs this week, you would have heard testimony from Texas DIR that it can cost less to rebuild than to pay […]

What is happening? MIT Tech did a dive into the March 2020 crypto hack that resulted the pilfering of  $620 million in the cryptocurrency Ethereum Why is this important?”In 2021, criminal hackers stole approximately $3.2 billion in cryptocurrency” How will this be important? The crypto world is moving too fast for seemingly both cybersecurity and […]

What is happening? For the last 10 years the FIDO Alliance has been pushing to make smart phone technology a replacement for old passwords. Why is this important? The idea is your smart phone would authenticate you so passwords would be unnecessary. How will this be important? FIDO Alliance is 250 companies that are largely […]

What is happening? Cowboy Crypto. Cowboys are the first NFL team to announce a crypto currency partnership with blockchain.com Why is this important? NBA signed a a deal in October with Coinbase. Crypto.com bought naming rights for an arena shared by the Lakers, Clippers, Sparks and Kings. Crypto.com was named a unique digital currency trading platform […]

What is happening? Mississippi is considering HB 1029 (2022 | MS) that creates the Broadband Expansion and Accessibility of Mississippi office to  create a streamlined, central process for how broadband dollars are doled out for projects. Why is this important? Mississippi has an exception for open meetings for state offices, but not for state commissions […]

What is happening? In 2018, West Virginia ran a pilot program testing blockchain to secure voting. Alaska in 2021 proposed legislation, SB 39 (2021 | AK) to build its voting system around blockchain which is considered more tamper proof. Why is this important? The security of blockchain could also be useful for state issued IDs […]

What is happening? Miami Coin has netted the city $5.25 million in revenue but investors not so much as the crypto’s value has fallen. Why is this important? The city is using the revenue to fund subsidies for low-income residents.  How will this be important? NYCCoin isn’t faring better, having fallen from close to half […]

What is happening? Crypto Miner, Marathon Holdings is  is cutting the cord with Hardin Generating Station in Montana , because it must be carbon neutral by 2023. Why is this important? “The Congressional Research Service put the amount of electricity going to crypto mining at 7,670 megawatts in 2019, the equivalent of more than five […]