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El Salvador mined 473 BTC through the use of geothermal energy

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🇸🇻 El Salvador's National Bitcoin Office (ONBTC) reported that a mining center located near the Tecapa volcano has mined 473.5 BTC since 2021 through the use of geothermal energy. The power plant located near the Tecapa volcano generates 102 MW of electricity. The mining center located there, equipped with several hundred units, consumes 1.5 MW. 🌋 🌋 ⛏️ The bitcoin mining project was developed by LaGeo. The project was opposed by several environmental organizations, which stated that it would require significant water resources and would be a serious problem for El Salvador. The country's government is trying to raise additional funds to develop bitcoin mining infrastructure by offering tax breaks to investors and continues its policy of buying 1 BTC every day. Currently, the government has 5,750 BTC worth $356 million on its balance sheet. 💰 💰

"It's Time for Bitcoin to Elect the Next President"

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The CEO of Bitcoin Magazine said that he is actively involved in the work of Donald Trump's headquarters. The magazine is assisting with the preparation of a draft regulation of the crypto market, which, the CEO assures, will turn into a regulatory act if the candidate of the Republican Party of the United States wins. David Bailey tried to convince his subscribers that as soon as Donald Trump becomes president again, positive changes for bitcoin and the crypto market in general will follow on the first day. The head of Bitcoin Magazine promised to publish details about the project in the near future. The businessman said the magazine is launching a fundraiser for Republican presidential candidates, with plans to raise $100 million, including in cryptocurrency. David Bailey made it clear that he is desperately counting on the votes of crypto-enthusiasts: "It's Time for Bitcoin to Elect the Next President" The head of Bitcoin Magazine claims that Donald Trump, unl

New feature in MetaMask

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Consensys, the operator of the MetaMask cryptocurrency wallet, announced the launch of Smart Transactions. Customers will be able to send transactions to a virtual mempool (short for memory pool ) to simulate transactions. The developers promise that the new feature will help counteract the transfer of data to third parties. Consensys representatives claim that Smart Transactions will help protect cryptocurrency wallet clients from MEV bots and other types of fraud. MEV bots monitor mempools with pending transactions, and are activated when they detect large trades. The bots create two trades at once: one before the detected transaction and one after. As a result, the client falls into the asset price slippage trap and loses his funds. In addition to protecting against MEV bots, the virtual mempool can perform transaction modeling, giving users the ability to receive lower fees for cryptocurrency transactions.

Animoca Brands announced the launch of a gaming token on the Bitcoin network

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Hong Kong-based venture capital firm Animoca Brands, with participation from Opal Protocol and Saakuru Labs, is launching the BLIF token. The issuer promises that it will be a native coin of the ecosystem of Web3 Games, entertainment and decentralized finance in the Bitcoin network. According to the official announcement from Animoca Brands, the BLIF token created on the Runes standard will become an asset of the Opal Protocol project. The initiative is supported by Magic Eden, Xverse, HorizenLabs and ALEX. Darewise investment product director Vincent Marty admits that the conglomerate of firms will try to grab a share of the Web3 market, whose capitalization is set to grow from $3.19 billion in 2024 to $16.3 billion in 2028. Animoca Brands has announced a partnership with Saakuru Labs, a project developing the Saakuru tier 2 network. Objective: to develop Web3 games.

Willy Woo expects bitcoin at $1 million by 2035

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Popular cryptocurrency analyst Willy Woo believes bitcoin could reach $1 million by 2035. This prediction is obtained by taking the user growth curve for valuation. What is meant here is fair value, not peak value during a bull market frenzy. After bitcoin's emergence, the price didn't catch up with the number of users as quickly. Bitcoin didn't trade at all until it had its thousandth user. It was only after the emergence of cryptocurrency exchanges, the launch of Bitstamp in 2011, that global venues emerged to value the asset. After 2012, the price of BTC largely corresponded to the growth in the number of users. Willy Woo emphasized that right now, bitcoin adoption is still in the early stages. According to him, only 4.7% of people have used bitcoin. This corresponds to the spread of the Internet in 1999.

Gold, silver and bitcoin will help survive the worst of the crisis

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💰 Robert Kiyosaki, author of Rich Dad Poor Dad, addressed his subscribers on social network X with two pieces of news. The bad news is that the crash has already begun, and it's only going to get worse. The good news: the crisis is the best time to get rich. The entrepreneur advised investors to prioritize gold, silver and bitcoin, emphasizing their enduring value. These assets are resilient during economic turmoil and tend to appreciate even during fluctuations in traditional markets. 🤖 The billionaire advised investors to start their own business out of fear that artificial intelligence could destroy millions of jobs. Therefore, it is better to start a small business and become an entrepreneur rather than an employee who is afraid of losing his job.

Tether blocked more than $1 billion in USDT crypto wallets

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Hash Telegraph's sources report that Tether is actively blacklisting wallets and blocking users from accessing USDT stablecoins. Following the events of November 2017, when an unknown hacker stole more than $30 million in USDT stablecoins from a Tether Treasury wallet, the issuer of these stablecoins, Tether announced the release of a new version of its Omni Core software client capable of blocking assets and transactions from blacklisted cryptocurrency wallets. In December 2023, Tether announced an updated blocking policy. From that time until now, the company has been actively blocking USDT holders' access to wallets on the U.S. sanctions watchlist (SDN). Enforcement is monitored by the Office of Foreign Assets Control (OFAC). Tether said that this strategic decision is consistent with their unwavering commitment to maintain the highest standards of security for their global ecosystem and fosters an expanded close working relationship with global law enforcement and regu