Victorian police to get ‘greater power’ to seize crypto assets from criminals

Victorian Police in Australia will soon be granted new powers to seize cryptocurrency and digital assets from criminals, as well as compel platforms to hand over information about suspects. According to a statement released by Victorian premier Daniel Andrews on Aug. 2, new laws were introduced to parliament on Tuesday under the Major Crime and […]

Texas should use Bitcoin mining to capture wasted natural gas: Sen. Ted Cruz

U.S. Senator Ted Cruz believes The United States should be using natural gas to mine Bitcoin instead of flaring it. Speaking during the Oct. 8 Texas Blockchain Summit, Senator Cruz asserted that Bitcoin mining can be used to monetize energy created through oil and gas extraction rather than burning it, arguing that there is “enormous […]

Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup

The Bitcoin energy consumption debate is heating up faster than the planet, with corporations facing pushback from the public and shareholders over Bitcoin investments. According to a Citigroup Inc. report, Bitcoin is consuming 66 times more electricity than it did in 2015. It added that the carbon emissions associated with mining will likely face increasing […]

Funny money: Brooklyn 99 star launches own social currency

Actor Terry Crews, known for his prominent character in the Brooklyn 99 TV series, is launching his own social currency, $POWER, through social crypto platform Roll. I have launched a social currency on the Ethereum Blockchain called $POWER! Check out this exclusive from @TechCrunch: https://t.co/JpcdIGFbEA pic.twitter.com/1YFSALQhYb — terry crews (@terrycrews) March 10, 2021 Talking to […]