Monthly Archives: January 2023

Congressional Financial Services Chair Patrick McHenry this week pointed to blockchain, the underpinnings of cryptocurrency, as ripe for data privacy legislation. Policy issues are: who owns the data parts in blockchain technology? Do we protect tri-party authentication? Do we abandon username and passwords? Are we protecting the data in its pieces along the way and […]

The Dommsdayers are here! The Dommsdayers are at Davos! According to the World Economic Forum, “93% of cyber leaders, and 86% of cyber business leaders, believe that the geopolitical instability makes a catastrophic cyber event likely in the next two years.” Popular Mechanics| A Catastrophic Mutating Event Will Strike the World in 2 Years, Report […]

Miami Heat’s Stadium is owned by the country. The county contracted with FTX for a 19 year naming rights deal with FTX. The contract has been terminated. Miami’s Republican Mayor championed Miamicoin. Miami was the first city to enter cryptocurrency waters. It launched in August 2021. It has since lost 99% of its value. Route […]

New Hampshire’s Commission On Cryptocurrencies And Digital Assets has recommended a statewide bitcoin energy plan. Positive energy impacts highlighted are a more stable electricity grid, more sustainable generation projects, and lower costs for consumers. The commission also recommended regulation to protect consumers. Bitcoin Magazine | NEW HAMPSHIRE COMMISSION RECOMMENDS STATEWIDE BITCOIN MINING ENERGY PLAN

What is happening? More communities are reluctant to want a data center in their backyard because of environmental and noise concerns. In Virginia, data centers are the state’s largest category of commercial energy users. Meet SJR 240 (2023 | VA) calling for a study of data center impact on environment, economy, energy resources, and ability […]

What is happening? A bankruptcy judge in New York ruled that crypto deposits with Celsius Network do not belong to the person making the deposit. Seems rather weird, but then you learn that the Celsius agreement for users contained that language. ” you grant Celsius . . . all right and title to such Eligible Digital […]

Claiming success in banning crypto mining powered by fossil fuels in NY, supporters have moved onto a national study of crypto mining that would “evaluate the effects of the industry and mandate reporting of emissions from mining operations using more than 5 megawatts of electricity.” Politico | New York partially banned cryptocurrency mining. Now environmentalists […]

This week Texas released a new broadband map spotlighting areas in the most need. Also new  in Texas is proposed legislation to create a new Broadband Funding plan that draws from existing sales tax revenues. Hello, SJR 27 (2023 | TX) & SB 377 (2023 | TX)

What is happening? The Semiconductor Industry Association says that there is $200 Billion in private sector investment for new and expansion projects at 42 sites across 16 states. From 1990 through 2020, the U.S.’s share of global microchip fabrication slid from 40% to 12%. Texas will account for $56 Billion of the $200 Billion in […]

What is happening? Texas ranks 4th most favorable state for crypto enthusiasts. NV, CA, and Fl are ahead of Texas. Recommendations from The Texas Work Group on Blockchain Matters include: incentives for companies that don’t make money off monetizing data, “embracing its tradition of individual liberty,” and by “making it explicit that the U.S. Constitutional […]