Author: wazup

BnkToTheFuture unveils 3 proposals to rescue Celsius from oblivion

Celsius’ lead investor BnkToTheFuture has outlined three proposals to save Celsius from bankruptcy while finding a good outcome for shareholders and depositors with funds stuck on the platform. Shared on Twitter by BnkToTheFuture CEO Simon Dixon on June 30, the three distinct proposals include either two options of restructuring and relaunching Celsius, or potentially co-investing in the platform ...

Worst quarter in 11 years as Bitcoin price and activity plunges

Bitcoin (BTC) has seen its worst quarterly loss in 11 years with price and activity on the blockchain both plunging over the last three months. The second quarter ending June 30 saw Bitcoin’s price fall from around $45,000 at the start of the quarter to trade at $19,884 before midnight ET on June 30 according to CoinGecko, representing a 56.2% loss according to crypto analytics platform Coinglass....

Ethereum fork a success as Sepolia testnet gears up to trial the Merge

The difficulty bomb-delaying Gray Glacier hard fork went live on Ethereum on Thursday without a hitch according to the network’s core devs including Ethereum Foundation’s Tim Beiko. The Sepolia testnet is also set to run through its Merge trial over the next few days and is the second last testnet to go through the trial before the official Merge. According to Etherscan, the Gray Glacier hard fork...

Better days ahead with crypto deleveraging coming to an end: JPMorgan

The historic deleveraging of the cryptocurrency market could be coming to an end, which could signal the close of the worst of the bear market, according to a JPMorgan analyst. In a Wednesday note, JPMorgan strategist Nikolaos Panigirtzoglou highlighted increased willingness of firms to bail out companies, and a healthy pace of venture capital funding in May and June as the basis for his optimism....

The Supreme Court just took away an EPA tool to fight climate change — what happens next?

The Supreme Court just gutted a major policy tool the US might have used to tackle climate change. Its decision today on West Virginia v. Environmental Protection Agency essentially says that the EPA shouldn’t be allowed to determine whether the US gets its electricity from clean or dirty sources of energy. That derails previous efforts by the agency to transition the US away from fossil fuels to ...

The Supreme Court just decided a major climate court case

Update 6/30/2022: The Supreme Court ruling in West Virginia v. Environmental protection agency came out today, limiting the agency’s ability to regulate power plant emissions. Read the ruling and dissent here, and read more about what the ruling means for climate action here. Our original article continues below. This week, the Supreme Court is expected to decide a major climate case that could de...

T-Mobile 5G home internet reaches 5 million new addresses in the middle of the country

T-Mobile has announced that its 5G home internet service is now available in more cities, spanning parts of Colorado, Oklahoma, Missouri, Iowa, and Kansas. The service now covers more than 40 million homes, and earlier this spring, the company said it signed up its one-millionth customer. That’s good news in our landscape of cable internet provider monopolies, but T-Mobile has some real work to do...

New York denies air permit to Bitcoin mining power plant

Bitcoin miners in New York state faced a regulatory blow today as the state denied air permits for a gas-fired power plant used to mine Bitcoin. It’s the latest step that New York has taken to crack down on crypto mining as it tries to meet its goals on climate change. The decision was made for the Greenidge Generating Station in New York’s Finger Lakes region. Bitcoin mining brought new life and ...

Vice President Kamala Harris To Attend Essence Fest

HipHopWired Featured Video Source: Paras Griffin / Getty The annual Essence Fest will get a little more star-studded in its return this upcoming weekend as it has been confirmed that Vice President Kamala Harris will be attending. According to reports, the Vice President will appear at the festival celebrating Black excellence this Saturday (July 2nd) in New Orleans, Louisiana. This will be the fi...

Danny Brown Accuses Die Antwoord Member Of Sexual Assault

HipHopWired Featured Video Source: NBC / Getty Danny Brown, the talented rapper and media figure came forth recently to discuss a harrowing incident that we must warn might be triggering to some. The Detroit wordsmith accused a member of the South African group Die Antwoord of sexual assault during a recent podcast appearance. Brown, 41, was a guest on the 2 Bears, 1 Cave podcast sharing his tales...

Fivio Foreign ft. Queen Naija & Coi Leray “What’s My Name,” Gucci Mane ft. Lil Baby “All Dz Chainz” & More | Daily Visuals 6.30.22

HipHopWired Featured Video It’s been a few months since Fivio Foreign dropped his debut album, B.I.B.L.E., but his fans continue to clamore for more videos and today he blesses them with the help of two up and coming young ladies in the rap game. Linking up with Coi Leray and Queen Naija for the visuals to “What’s My Name,” Fivio Foreign and the two aforementioned artists take to the club to turn ...

Xzibit Puts Viacom On Blast For Cutting Him Out of ‘Pimp My Ride’ Merch

HipHopWired Featured Video Source: Michael Loccisano / Getty Xzibit‘s old school MTV show Pimp My Ride was all the rage when it debuted back in the day. But allegedly Viacom has been trying to erase Xzibit from their history books and X is calling them out on it. TMZ is reporting that the “B*tch Please” rapper has called out Viacom for removing his “image and likeness” from the DVD’s in an attempt...