Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

Post Views: 168 At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining industry’s improvements in sustainable energy use…

Buenos Aires Confirms It Plans to Allow Citizens to Pay Taxes With Cryptocurrency

Post Views: 193 Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digitization plan that the city has named “Buenos Aires+” that seeks to simplify the relationship the city has with…

South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent

Post Views: 165 A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyright protection in the rapidly growing music market.” A South Korean peer-to-peer music sharing platform, Koong World, recently…

LABEL Foundation Announces the Strategic Partnership With Polygon Studios to Launch Their Dapp on Polygon Mainnet

Post Views: 179 What is Polygon? Polygon Studios is Polygon’s gaming and NFT division, dedicated to doing its part in terms of building the worldwide blockchain-based gaming and NFT space as well as bridging the gap between Web 2.0 and Web 3.0 gaming via investment, marketing, and developer support. How does the collaboration help? LABEL’s…