U.S. Drops Energy Tax for Mining Digital Assets, Citing Concerns and Criticism
Energy tax for mining digital assets has been dropped The CEA had previously proposed a levy with a 30% rate on electricity costs On Sunday, May 28, U.S. President Joe Biden and House Speaker Kevin McCarthy struck a deal on the nation's debt ceiling. The 99-pa ...
Controversial Message by Former CEO Raises Concerns about Customer Data Privacy
Eric Larchevec gave out a scandalous message It turns out that providers can turn over customer data by court order Ledger has drawn a lot of criticism the other day over its new Ledger Recovery service.. Instead of alleviating the situation, former CEO Eric Larc ...
UK Lawmakers’ Call for Tighter Controls on Cryptocurrency Investment Sparks Controversy
In companies, this approach is seen as misguided and short-sighted As it will only lead to huge losses due to lost profits We covered the House of Commons Treasury Committee report in Britain yesterday, May 17. In it, lawmakers equated investing in unsecured cryp ...
Controversy Surrounds ConsenSys Privacy Policy Update and Metamask Wallet
This is what the company's new rules say It looks like Metamask Wallet could also fall under this amendment CEO 1inch Anton Bukov drew attention to a strange paragraph 4.3 in the new Consensys rules. It says that the platform reserves the right to withhold taxes ...
Elon Musk Criticizes OpenAI’s Move to Commercial Model and Expresses Concerns over Control and Risks
He criticized the creator of ChatGPT And the project's plans to move to a commercial model Ion Musk harshly criticized OpenAI for its plans to abandon the nonprofit model. He emphasized his significant role in the creation of the startup. And he believes the o ...
Council of Economic Advisers Proposes 30% Tax on Miners to Combat Climate Change
Council of Economic Advisers to the President (CEA) proposed a thirty percent tax on miners to prevent them from ruining the climate. Council proposed to introduce the tax in stages over three years, starting with 10% next year. In 2025 to increase the tax to 20%, and the ...