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Trump Ally Proposes Selling Gold Reserves to Buy Bitcoin, US to Establish "Strategic Bitcoin Reserve"?
Trump Ally Proposes Selling Gold Reserves to Buy Bitcoin, US to Establish "Strategic Bitcoin Reserve"?Amidst Trump's upcoming bid for a second term in the next Congress, his ally, US Senator Cynthia Lummis, has put forward a bold proposal: to establish a "strategic bitcoin reserve" as proposed by Trump, by selling off a portion of the Federal Reserve's gold reserves and using the proceeds to purchase Bitcoin. This plan has sparked heated debate, and market reaction to the proposal has been mixed...
Blockchain 2024-11-15 16:48:31 -
Is Trump Really Good for Bitcoin? Wall Street Journal Columnist: The Three Reasons for Bitcoin Bullishness Are All Wrong
Is Trump Really Good for Bitcoin? Wall Street Journal Columnist: The Three Reasons for Bitcoin Bullishness Are All WrongSince the night of the US presidential election, the price of Bitcoin has skyrocketed, adding nearly $500 billion in market value in less than two weeks, a near one-third increase. However, some market analysts believe that Trump's policies on cryptocurrency may not be good news, and may even lead to an outflow of funds from the Bitcoin market...
Blockchain 2024-11-15 16:26:11 -
Hong Kong-listed companies "go crazy" for crypto: Boyaa Interactive sees over HK$700 million in paper profits, but risks remain
Hong Kong-listed companies "go crazy" for crypto: Boyaa Interactive sees over HK$700 million in paper profits, but risks remainWhile it's not uncommon for publicly listed companies to invest in stocks, especially those with ample cash reserves, it's less common to see them heavily investing in cryptocurrencies. Following Donald Trump's election as US President, Bitcoin has surged, recently hitting a record high of over US$90,000...
Blockchain 2024-11-15 16:04:55 -
Trump Ally Proposes US Stockpiling Millions of Bitcoins: A Battle Forged in Fire
Trump Ally Proposes US Stockpiling Millions of Bitcoins: A Battle Forged in FireCynthia Lummis, a Republican Senator from Wyoming and an ally of President-elect Trump, is brewing a bold plan. According to Caixin Global's report, Senator Lummis intends to introduce a bill called the "BITCOIN Act" in the new Congress...
Blockchain 2024-11-15 15:31:59 -
US Computer Expert Sentenced to 5 Years for Stealing Billions in Bitcoin, Plans to Fight Cybercrime After Release
US Computer Expert Sentenced to 5 Years for Stealing Billions in Bitcoin, Plans to Fight Cybercrime After ReleaseOn February 14, 2023, a US computer expert was sentenced to five years in prison for stealing billions of dollars in Bitcoin and, with the help of his wife, laundering a portion of the stolen funds over several years. The defendant in the case, Ilya Lichtenstein, is a Russian-born US citizen who works in business and cryptocurrency investments...
Blockchain 2024-11-15 14:56:40 -
State Grid Gansu Electric Power Applies for Patent on "Blockchain-Based Power Core Data Traceability System" to Build a Safe and Reliable Power Data System
State Grid Gansu Electric Power Applies for Patent on "Blockchain-Based Power Core Data Traceability System" to Build a Safe and Reliable Power Data SystemFinancial World, November 15, 2024 - According to information from the State Intellectual Property Office, State Grid Gansu Electric Power Company has applied for a patent titled "A Blockchain-Based Power Core Data Traceability System", with a publication number of CN118944957A, and an application date of August 2024.This patent aims to address the existing problems of complex traceability paths, data privacy tampering, and leakage in current power data traceability methods...
Blockchain 2024-11-15 13:59:08 -
State Grid Gansu Electric Power Applies for Patent for "Blockchain-Based Power Core Data Provenance System" Aiming to Enhance Data Security and Processing Efficiency
State Grid Gansu Electric Power Applies for Patent for "Blockchain-Based Power Core Data Provenance System" Aiming to Enhance Data Security and Processing EfficiencyInformation from the State Intellectual Property Office reveals that State Grid Gansu Electric Power Information and Communication Company and State Grid Gansu Electric Power Company filed a patent application in July 2024 for a "Blockchain-Based Power Core Data Provenance System," with publication number CN118944922A. This patent aims to address the security and efficiency issues in the management of safety data at power sites by utilizing blockchain technology to build a complete power core data provenance system...
Blockchain 2024-11-15 13:57:30 -
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?
Trump Ally Proposes Selling Gold to Buy Bitcoin, Could the US Build a Crypto Reserve?Republican Senator Cynthia Lummis from Wyoming plans to push a proposal named the BITCOIN Act in the next Congress, which would require the US government to purchase 1 million Bitcoins, representing nearly 5% of the cryptocurrency's circulating supply. This proposal has sparked widespread discussion, becoming a prominent issue in American politics...
Blockchain 2024-11-15 13:21:52 -
Xujie Software Files Patent for "Method for Generating Smart Contracts in Power Trading," Pushing Virtual Power Plant Development
Xujie Software Files Patent for "Method for Generating Smart Contracts in Power Trading," Pushing Virtual Power Plant DevelopmentFinancial World, November 15, 2024. The National Intellectual Property Administration of China (CNIPA) reveals that Xuchang Xujie Software Technology Co...
Blockchain 2024-11-15 12:07:11 -
The Lummis Proposal: Selling Fed Gold to Buy a Million Bitcoins
The Lummis Proposal: Selling Fed Gold to Buy a Million BitcoinsSenator Cynthia Lummis, a Republican from Wyoming, plans to introduce a bill in the next Congress that would sell a portion of the Federal Reserve's gold reserves to create a strategic Bitcoin reserve. The legislation would require the US to purchase 1 million Bitcoin, representing nearly 5% of the outstanding coins...
Blockchain 2024-11-15 11:47:12 -
Dimensity 9400: The King of Performance and Efficiency, Leading the New Era of Mobile Platform Chips
Dimensity 9400: The King of Performance and Efficiency, Leading the New Era of Mobile Platform ChipsThe past October marked the official start of a new round of fierce competition among flagship mobile platform chips. As the smartphone market intensifies and the demand for performance and energy efficiency evolves, the technological path of flagship SoC chips is gradually diverging...
Mobile Internet 2024-11-15 11:24:37 -
US Senator Proposes Selling Fed Gold to Fund Trumps Bitcoin Strategy Reserve
US Senator Proposes Selling Fed Gold to Fund Trumps Bitcoin Strategy ReserveOn November 15th, a Senate ally of US President-elect Donald Trump proposed a plan to fund the presidents proposed Bitcoin strategic reserve without increasing the government deficit. Republican Senator Cynthia Lummis of Wyoming plans to introduce the bill in the next Congress, which would require the US to purchase 1 million Bitcoins, representing nearly 5% of the circulating coins...
Blockchain 2024-11-15 11:12:56
