Bitcoin Insights

2023-02-12 18:33:33 3 Companies Now Make Up 50% of U.S. Ad Revenues

Every year in the U.S., CFOs and marketing executives gather to allocate a portion of company funds towards advertising budgets. Today, on average, over half of those U.S. ad dollars end up in the deep pockets of just three tech stocks—Amazon, Google, and Facebook.

The advertising landscape is changing beyond recognition. Today’s data takes a closer look at annual U.S. advertising dollars, where Big Tech stocks continue to grow their presence.

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2023-02-11 21:31:06 Jump crypto found a vulnerability in the BNB Beacon Chain.

Which would allow the attacker to mint an infinite number of arbitrary tokens.

BNB team developed and deployed a patch in less than 24 hours.

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2023-02-11 18:01:29 Microsoft has ended its Industrial Metaverse Core team and laid off 100 employees working on the 4 months old project.

The project was aimed at promoting the adoption of metaverse technology in industrial settings

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2023-02-11 17:20:38 Russian government-backed company BitRiver is building a 30,000 miner Bitcoin mining facility

The state-owned Corporation announced the launch of the crypto mining center in Buryatia — a republic in East Siberia and a part of the Russian Federation.

The facility will possess 30,000 mining machines, hire 100 workers and consume 100 megawatts from the power grid. It will open in the first half of 2023 and be owned and run by the private operator, the largest crypto-mining colocation services supplier in Russia, BitRiver.

The mining center will enjoy a broad set of incentives, from zero land and property taxes to a lowered rate of income tax. The electricity prices will be cut by half for the mining operator.

Link

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2023-02-10 15:38:39 Mississippi Senate passes historic bill protecting Bitcoin mining

“It shall be legal in the State of Mississippi to run a node for the purpose of home digital asset mining” and “operate a digital asset mining business”

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2023-02-09 11:20:26 Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan

”We have to be prepared for that, not only in this country but in other countries around the world … You hope it doesn’t happen, but hope is not a strategy — so you prepare for it.“

Link

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2023-02-08 17:29:47 Who owns the Fed?

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2023-02-07 20:30:40 Nigeria today.

Nigeria people began destroying ATMs because the Central Bank imposed a limit on withdrawals of up to $44 per day.

BTC exchange rate in Nigeria ~$40,000

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2023-02-04 15:57:57 Munger: Bitcoin  is evil because it undermines the Federal Reserve System

Spot on Charlie

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2023-02-03 12:47:06 They never learn.

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