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Eco-friendly Bitcoin mining pool PEGA Pool set for public launch in Q1 2023
PEGA Pool, a Bitcoin mining pool that will allow ASIC miners to connect and cooperate in mining bitcoin, is set for public launch in Q1 2023. The mining pool is currently in the pre-launch phase. KEY TAKEAWAYS PEGA Pool is a Bitcoin mining pool. ASIC miners will be able to connect to the pool and cooperate in Bitcoin mining. PEGA Pool is currently in the pre-launch phase and will be open to public launch in Q1 2023. Those interested in mining bitcoin using the pool can join the early access waiting list. At the moment, the only clients mining bitcoin with PEGA Pool are a few beta testers and PEGA Mining, which is a sister company to PEGA Pool. PEGA Pool features PEGA Pool stands out since it is British-owned and operated in an era when most mining pools are Chinese. This makes PEGA Pool mo...
Egypt – Nigeria: Africa’s premier angel investor network signals a makeover & new name
Africa’s premier angel investor network Cairo Angels is getting a new name and mission as it doubles down on Egypt and Nigeria. Source
The world needs a great legal reset to address post-Covid challenges
Even before the Covid-19 pandemic, access to justice for two-thirds of humanity, particularly women and the poor, was a mountain to climb. As the virus struck, the world was thrown into chaos and any chance of reaching that summit was swiftly stolen, vanishing like the Himalayan peaks amidst a storm. The devastating impact of Covid-19 has forced us to confront a system stretched beyond its limits and left us with unmanageable backlogs. Source
South Africa: Uncertain fate of refineries a risk to local economy, says SAPIA
South Africa’s oil industry is at a crossroads, which could tip the scales from self-reliance to import dependence, posing a threat to the domestic economy and security of supply, warns the SA Petroleum Industry Association (SAPIA). Source
Data centres: Google and Amazon propel African players into the big leagues
“How dare you call yourself a hyperscaler when you don’t host any data yourself?” says Nic Rudnick, the British deputy chief executive officer and managing director of Cassava Technologies. His tone is calm, his attitude far from aggressive, but the question resounds like a jolt of anger from the coldest parts of his home country.
Dream Homes and Disasters: Is the Government Ready to Confront Climate Risk?
Gary McCormick, Tulsa’s senior special projects engineer, said most people remain resistant to a buyout unless they actually experience a flood. Yet the city still notifies homeowners of their flood risks and offers buyouts. New federal funding will help them do more. McCormick walks homeowners through the flood maps and the risks, spelling out the costs for damage. Some take the city up on the offer. Most don’t. “They’re still just resistant,” McCormick said. “That’s frustrating. Just being one who wants to help people, keep them out of harm’s way, keep them from flooding, and experiencing all that goes with that. “The optimum solution is just to move people out of harm’s way,” he added. No clear signal But there’s a major divide between experts like McCormick and elected leaders. In Flor...
Biden gives Chevron permit to restart Venezuelan oil sales
“This action is not being taken in response to energy prices, this is a limited license. As we have said in the past, this is about the regime taking the steps needed to support the restoration of democracy in Venezuela,” the official said. The oil supplies affected under the new license would have likely have gotten to customers via the black market, the official said. The decision to allow Chevron to resume shipments from the South American nation comes ahead of a Dec. 5 deadline for tightened sanctions on Russia that could roil the world’s oil markets. The G-7 and European Union are moving to restrict Russian petroleum exports and impose a price cap on petroleum sales. Under the expanded license issued by Treasury’s Office of Foreign Assets Control, the Venezuelan state oil company, PdV...
Blockchain-based fintech company prepares to enter $500B freight settlement market
The world is quick to blame inflation for the rising prices at grocery stores and retailers. This was the #1 political issue for recent Election Day voters in the United States. For example, media sources recently reported poll data that 85% of Americans could not afford to spend $200 on a Thanksgiving meal in November 2022, and only 25% could afford $100. However, few recognize inflation is only part of the problem. Higher costs for products and services are also directly attributable to settlement fees paid by transportation providers who are forced to take out the equivalent of payday loans against their freight invoices. Shipper payment terms in the transportation industry are known to be egregious, and most transportation carriers cannot afford to wait 30–180 days to get paid. Wh...
Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K
Bitcoin (BTC) held crucial $16,000 support into Nov. 29 as bulls weathered ongoing FTX fallout and macro triggers. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader teases BTC long as $16,500 reappears Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD leaving lower levels untouched overnight. The pair had seen a flash downturn after the Nov. 27 weekly close thanks to uncertainty from China over COVID-19 measures. A recovery nonetheless took the market higher, with $16,500 coming into play at the time of writing. As Cointelegraph reported, traders and analysts had warned that it was all but essential to preserve current support, with a violation opening up the road to $14,000 or lower. Popular trader Crypto Tony even felt comfortable going long BTC on th...
Dominica works with Huobi for digital identity program
Cryptocurrency exchange Huobi has partnered with the Commonwealth of Dominica to roll out a digital identity and national token service that promises digital citizenship of the West Indian island nation. Not to be confused with the nearby, larger Dominican Republic, Dominica is home to some 72,000 people and is situated in the middle of the Lesser Antilles archipelago. The government is looking to explore metaverse and Web3 technology to drive its development and attract talent from the cryptocurrency and blockchain ecosystem. The island nation is one of the first Caribbean countries to adopt a citizenship-by-investment program. Dominica passports allow access to over 130 countries around the world, including mainland China, Hong Kong, the European Union, Switzerland, the United Kingdom an...
Non-whale Bitcoin investors break new BTC accumulation record
Some non-whale Bitcoin (BTC) investors seem to have had zero issues with the cryptocurrency bear market as well as fear, uncertainty and doubt (FUD) around the fall of FTX, on-chain data suggests. Smaller retail investors have turned increasingly bullish on Bitcoin and started accumulating more BTC despite the ongoing market crisis, according to a report released by the blockchain intelligence platform Glassnode on Nov. 27. According to the data, there are at least two types of retail Bitcoin investors that have been accumulating the record amount of BTC following the collapse of FTX. The first type of investors — classified as shrimps — defines entities or investors that hold less than 1 Bitcoin, $16,500 at the time of writing, while the second type — crabs — are a category of addresses h...
PlayToEarn Blockchain Game Awards 2022 Announced With $10K in Prizes
Singapore, Singapore, 27th November, 2022, Chainwire PlayToEarn.net has announced the Blockchain Game Awards 2022 with $10,000 in prizes for content creators. The public is invited to vote for this year’s best blockchain games. The flagship industry awards recognize the best gaming companies and brands as well as acknowledging outstanding content creators. The winners are determined by the public who can vote on up to five of their favorite games or content creators. For each category voted for, members of the public will receive 20 P2E points. These can be redeemed for various prizes in the P2E shop which is scheduled to launch in January 2023. The voting period starts on December 1 and ends on December 29, with the results being announced two weeks later. Primary categories and prizes in...
