London Daily News
Wednesday, Jun 16, 2021
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El Salvador Considering Paying Employee Salaries in Bitcoin
According to Rolando Castro, the Minister of Labor and Social Welfare in El Salvador, the government is discussing whether companies in the country should pay their employees in Bitcoin.
Bitcoin Emits Less Than 2% of the World’s Military-industrial Complex Carbon Emissions
A recently published study shows that Bitcoin mining produces a tiny fraction of the carbon emissions coming from the world’s military-industrial complex, which pulls the carpet under the political 'environmentally justified attack' agai...
Sotheby’s Will Auction 'World Wide Web' Source Code As NFT
Next week Sotheby's auction will witness something very unusual: Sir Tim Berners-Lee will auction the original source code he used to create the World Wide Web as an NFT.
Bitcoin Up 11% After Musk Says Tesla Will Accept It When Miners Use More Clean Energy
SpaceX/Tesla founder and CEO Elon Musk says Tesla Inc. will resume bitcoin cryptocurrency transactions when mining is done with more clean energy.
Three Reasons Why G7's Build Back Better World Plan is No Competition for China's BRI
Joe Biden's $40 trillion Build Back Better World (B3W) does not appear to be a threat or challenge to China's comprehensive Belt and Road (B&R) plan, say international observers, suggesting that if G7 is really concerned about the well-b...
'I Thought He Was Joking': Finnish Huawei Boss Slammed for 'Crazy' 7-Day Work Week Proposal
According to Huawei Finland's cyber security chief Mika Lauhde, who personally admitted to having worked 80-hour weeks with no summer vacation for years, seven-day work weeks would bolster Finland's stance against competitors.
Analysis: Boris Johnson's 'global Britain' needs more than a tiny Australian trade deal
The United Kingdom's first new trade deal since Brexit is a sobering reminder of the mammoth task it faces as it seeks to compensate for losing the economic benefits of EU membership.
Small Bitcoin Transfers Spike in El Salvador After BTC Adoption
El Salvador, which approved Bitcoin's as legal tender, has seen an unprecedented level of small BTC transfers under $1,000 this year.
Workers in China's Xiong'an New Area Are Getting Paid in Digital Yuan
Xiong’an New Area, a state-level new area in Hebei Province, in China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an local government.
Pi Network Makes Cryptocurrency Accessible to Everyone
In the very beginning Bitcoin and other first-generation cryptocurrencies, anyone could mine coins using any basic computing setup.
Bitcoin rebounds after Elon Musk confirms Tesla may accept it again
Accused again of market manipulation, Bitcoin bounced nearly 10 per cent in value after Elon Musk tweeted Tesla could once again accept it as payment.
China's Bitcoin crackdown targets miners for 'misusing electricity'
Authorities in Yunnan - China's fourth-biggest Bitcoin hub - are targeting cryptocurrency miners and traders for 'misappropriating' electricity.
Why is Bitcoin booming in Latin America?
El Salvador’s decision to make Bitcoin an official currency is a watershed for crypto - and it’s setting off a chain reaction in Latin America.
Opinion: Another Way to Look At Bitcoin's Value
Dr. Bradley Rettler, an assistant professor of Philosophy at the University of Wyoming, discusses the value of bitcoin, and breaks down important concepts related to valuation and how and why we value certain things in the first place.
Cryptocurrency Not Included on SEC's Upcoming Agenda
It seems that the U.S. Securities and Exchange Commission (SEC) isn't too concerned with cryptocurrency at the moment.
G7 nations seek to counter China’s Silk Road projects with ambitious infrastructure plan
The Group of Seven (G7) countries have announced plans for a major infrastructure project for developing nations in a bid to rival China’s trillion-dollar Belt and Road Initiative (BRI), also known as “One Belt, One Road.”
Goldman Sachs doubles down on $80 oil prediction
Goldman Sachs has reiterated its forecast that Brent crude will hit $80 per barrel this summer as demand quickly recovers.
Personal data of 3.3 million US and Canadian Volkswagen customers stolen from vendor
Criminals made off with the personal information of more than 3.3 million Volkswagen and Audi customers in the US and Canada, the German carmaker has revealed. The data stolen includes license numbers and Social Security numbers.
‘We are democratising the right to laziness’: the rise of on-demand grocery deliveries
Companies are springing up all over the UK promising to deliver whatever you want in as little as 10 minutes. But what could we lose by never popping out for milk again?
Banks Really Need to Change Their Business Model to Survive
Branden Hampton looks into the current state of financial world; the challenges that banking is facing in the rise of cryptocurrencies, decentralized finance (DeFi), and how these technologies could completely remove the need for banks, ...
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