State California Financial News

25.04 / 23:01
business Facebook virtual reality retail open Meta will open physical metaverse-themed store in San Francisco Bay Area
Social media giant Facebook's parent company, Meta, will be opening a retail store in the San Francisco Peninsula offering hardware for the virtual reality space.
24.04 / 09:29
business Blockchain Law Adoption NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds related to virtual token distribution, misuse of private keys and hidden interests in crypto projects.
22.04 / 13:41
Kraken proof-of-work Bitcoin ‘PoS Fanatics Attacking PoW are Actual Supervillains’, Kraken’s Powell Says as US Politicians Charge
A letter by a group of Democratic members of the US Congress attacking proof-of-work (PoW) mining and praising proof-of-stake (PoS) is causing an uproar in the Bitcoin (BTC) community, with crypto exchange Kraken CEO Jesse Powell claiming that “PoS fanatics attacking PoW are actual supervillains.”
22.04 / 13:27
Provident litecoin Manufacturing Bitcoin Dual Miners Launches Dual Miners with SHA-256 and Scrypt
Chip design and manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficient than other algorithms.
21.04 / 07:51
Citi Target Digital Platform Golden Ark to Debut its World’s First Metaverse on 4/20
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
19.04 / 08:41
Law Donations foreign crypto donations Ireland bans political crypto donations on foreign interference fears
Donations made to political parties using cryptocurrencies will be banned in Ireland under new political integrity laws drafted due to concerns around foreign interference in politics.
13.04 / 03:43
business Funding Metaverse Venture Capital NFT avatar startup Genies valued at $1B following Series C funding round
Nonfungible token (NFT) startup Genies has secured $150 million in Series C funding at a valuation of $1 billion, making it the latest crypto-focused platform to attain “unicorn” status. 
12.04 / 21:51
Blockchain NFT movie Nifty News: Bored & Hungry? Or want to listen to a podcast hosted by a Mutant Ape?
Bored Ape Yacht Club, or BAYC, NFT holders own the intellectual property rights to their specific ape and can use the likeness of their ape(s) for commercial purposes. One such BAYC member, Andy Nguyen, decided to open a Bored Ape themed restaurant aptly named Bored & Hungry in Long Beach, California. 
12.04 / 19:53
Citi Enterprise Cisco CarMax Marathon Stocks making the biggest moves midday: Chipotle, PG&E, Marathon Oil and CarMax
Check out the companies making headlines in midday trading.
11.04 / 16:49
Blockchain education Bitcoin Grassroots initiatives are bringing Bitcoin education to communities across America
Bitcoin is becoming one of the biggest buzzwords in the world. Data from a July 2021 survey conducted by analysis firm Exploding Topics found that roughly 1,700 American adults, or 89% of participants, had heard of Bitcoin. A recent survey from the cryptocurrency platform Paxful also found that 95% of women out of 1,555 females polled in the United States were familiar with Bitcoin. 
08.04 / 13:27
Blockchain Kraken California Bitcoin Shuts Down safe NOT Kraken shuts down global headquarters as 'San Francisco is not safe'
The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. 
05.04 / 20:51
Government Law Bitcoin lawmakers US lawmakers US lawmakers introduce companion bill to 'mitigate risks' from El Salvador’s Bitcoin Law
Two members of the House of Representatives have introduced legislation aimed at mitigating the risks to the United States financial system due to El Salvador adopting Bitcoin as legal currency.
04.04 / 22:15
COST Extreme Fighting end Climate change could cost U.S. $2 trillion each year by the end of the century, says White House
Floods, drought, wildfires and hurricanes made worse by climate change could cost the U.S. federal budget about $2 trillion each year by the end of the century, the White House said in an assessment on Monday.
01.04 / 11:17
Binance Altcoins Legal Binance Wins Day in Court, US Judge Dismisses Lawsuit
Major crypto exchange Binance won a battle in court on Thursday.
29.03 / 21:59
Intuit FTC Sues Intuit Over TurboTax Ads Offering Free Tax Filing
The Federal Trade Commission is asking a court to stop Intuit Inc. from advertising that TurboTax users can file their taxes for free, saying that in many cases people don’t qualify to file for free on TurboTax and are instead pushed to pay for services. 
29.03 / 16:55
Investing MicroStrategy Bitcoin MicroStrategy Leverages Bitcoin Holding to Buy Even More BTC
MicroStrategy, the US-based enterprise software firm led by Bitcoin (BTC) bull Michael Saylor, has taken a bitcoin-secured loan of USD 250m from Silvergate Bank, with the company planning to use the money to buy even more BTC.
28.03 / 22:21
Art Crime 2020 Trump NOT Donald Trump 'more likely than not' tried to block 2020 election result 'corruptly', judge says
A federal judge on Monday ordered the release of more than 100 emails from Trump adviser John Eastman to the House committee investigating the insurrection at the U.S. Capitol, asserting it is “more likely than not” that former President Donald Trump committed crimes in his attempt to stop the certification of the 2020 election.
27.03 / 13:35
Media Refugees US scrambles to clarify Biden's Russia 'regime change' message
The US Administration has scrambled to try and clarify apparently unscripted comments made by President Joe Biden, in which he appeared to call for 'regime change' in Russia.
22.03 / 17:23
cryptocurrency defi MetaDerby Completes USD 2.5M Funding Round Led by Ava Labs and Old Fashion Research
Disclaimer: The text below is a press release that was not written by Cryptonews.com. 
21.03 / 17:43
U.S. Importers Are Trying to Ship Around Potential Labor Disruption
U.S. importers are already starting to reset their supply chains to avoid disruptions ahead of potentially contentious contract talks this summer between West Coast dockworkers and the companies that manage the flow of goods through ports.

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