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CATEGORY: nyt


Community slams NYT for its latest 'sympathy piece' on FTX's Bankman-Fried

Author: Cointelegraph By Jesse Coghlan
United States
Dec 27, 2022 08:30

Community slams NYT for its latest 'sympathy piece' on FTX's Bankman-Fried

The article bizarrely contrasts the alleged fraud carried out by Sam Bankman-Fried with gang violence on the Bahamian island of New Providence.

Dec 20, 2022 07:50

7 NFT Projects to Explore This Christmas

DailyCoin highlights seven NFT projects that shone despite a tough year.

Continue reading 7 NFT Projects to Explore This Christmas at DailyCoin.com.

Dec 01, 2022 01:20

Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’

On Nov. 30, 2022, the former FTX CEO Sam Bankman-Fried (SBF) discussed FTX’s collapse at the New York Times’ Dealbook Summit with Andrew Ross Sorkin in his first live-appearance interview since the crypto exchange’s downfall. SBF told the Dealbook Summit host that he was “deeply sorry about what happened” and further stressed that he “didn’t

The post Former FTX Boss Speaks at Dealbook Event, Says He ‘Didn’t Knowingly Co-Mingle Funds’ appeared first on BTC Ethereum Crypto Currency Blog.

Dec 05, 2024 12:05

Unyted + Vesa

Unyted we (meta) stand Many of the fancy metaverse projects take loooong to build and often require developers and budgets just to stay alive. In fact, one of my favorite ones had the whole company collapse around it in the build phase. I absolutely love what weve built with Superworld, for example, and what were about to release with Asvoria. Both of these require heavy machinery and rotation to come to lifeand to be maintained. Enter Unyted and my newest spatial Web3 space, which allows me to deliver fluent, up-to-date presentations on whats happening now while also providing an overview of my entire career. I built it mostly by myself, with some guidance and glitch-fixing help from the teamspecial thanks to Tijana, Saskia, and Florian. I can update it in minutes to include a new project, presentation, or missing link. Its freeing and necessary. Unyted is at the forefront of spatial computing, offering innovative solutions that empower users to create, own, and monetize immersive 3D virtual environments. Their platform is designed to facilitate seamless transitions into the metaverse, providing tools for education, collaboration, and personalized digital experiences. Link to join the metaverse Link to join the X spaces. Join us for a session with Ador, Bitcoin LIVE and others tomorrow 20.00 CET Starting Thursday, well kick things off with a joint presentation with Ador, and from there, well host regular spaces that people can join visually. X is great for connecting with people, but for an artist, a lot is still missing from the full experience. Let’s see if we can bring these two innovations together in a sensible way.   Watch the Tijana introduction to Unyted as well as my keynote held some time ago regarding web3, metaverse and creativity. Delivering the Metaverse Theyre just starting out, and sure, sure there are a few glitches, but Ive already given a couple of presentations that feel like a real departure from the world of Zoom. Nothing is ever perfect and getting going and constantly working on it is what keeps the thing alive. Its a step closer to delivering something of real value in the metaverse. People showed up to my first keynote in the space done together, they asked questions and then some were left to wonder around the space to explore it on their own. Promises kept. Those matter, after the last run. Ive been friends with Florian Krueger since the early blockchain days in London back in 2018, and weve collaborated on several projects. He remains one of my favorite people in the crypto spacealways looking out for his people and tirelessly fighting for the ethical side of it. I was happy to hear he was starting a new venture and that I could also be a part of. If you prefer the (virtual) city life? Key Features of Unyted: Modular Environments: Unyted enables users to design and customize digital spaces, such as virtual homes, offices, or campuses, reflecting their unique vision. These environments can be monetized, allowing creators to generate revenue through their virtual properties. EdTech Solutions: The platform offers immersive educational experiences with features like AI-driven personalized learning paths, customizable avatars, and virtual classrooms. These tools aim to enhance student engagement and retention, providing scalable and cost-effective solutions for educational institutions. Data Protection and Security: Operating under EU regulations and compliant with GDPR, Unyted ensures top-tier data protection. Users maintain complete control over their personal and institutional data, upholding responsible practices in the metaverse. Sustainability Commitment: Unyted is dedicated to sustainability, calculating energy consumption and offsetting carbon emissions for each project. Through Unyted.World, users can stake tokens specifically for carbon offsetting, promoting environmental responsibility within the digital landscape. In many ways what is important about the metaverse is our ability to pre-visualise the world we would like to live in, and then walk toward that direction.   Founded in 2022 by Gaby K. Slezák and Florian Krueger, Unyted envisions a decentralized, independent metaverse where users have equal access to a secure three-dimensional internet. Their mission is to empower individuals to shape their digital futures, fostering a community where creativity and collaboration thrive. For those seeking to explore the metaverse, Unyted offers consulting services to guide organizations through VR, AR, blockchain, Web3, and Web4 technologies. Their seasoned team provides strategy insights and design expertise to craft unique digital experiences aligned with organizational visions. Unyted stands as a visionary force in the evolving digital landscape, pioneering innovation while prioritizing user ownership, open collaboration, data protection, and sustainability. Ador aka BitSavage will join us for the Monday talk in which we also dwell deeper into DAF – the Department of Artistic Freedom Asvoria coming up soon! I’ll soon travel to Bulgaria to film some content in the Asvoria linked Hotel Satoshi Nakamoto, as well as guide the team on advances in our shiny updated metaverse space. The art cars are also gearing up for their auction in Dubai in January, but more on that later. See you Dec 5th 20.00 CET: Link to join the metaverse Link to join the X spaces. Much to build, VESA Crypto Artist, Speaker, Consultant, Writer All links to physical, NFTs, and more below http://linktr.ee/ArtByVesa

May 03, 2023 04:50

Biden Administration Proposes 30% Tax On Crypto Mining To Counter Environmental Impact

Several US authorities have raised concerns regarding the environmental impact of crypto mining. Previously, US lawmakers probed the crypto mining energy use and environmental impact. Biden’s administration is taking these concerns to another level. Biden’s Council of Economic Advisers (CEA) announced a 30% digital asset mining tax to offset its environmental impact. The new tax rule tagged DAME will take effect after a phase-in period. Bitcoin Energy Consumption Attracts New Tax Rules Crypto mining electricity consumption and carbon emission have been a bone of contention in the United States over the past years. A recently published New York Times article claimed Bitcoin has a voracious appetite for electricity, sparking several reactions among crypto community members. Related Reading: Bitcoin Analysis: How To Prepare For Today’s FOMC Meeting The CEA announced plans to impose a 30% tax on all crypto-mining activities. The council believes the crypto mining industry’s operations negatively impact the environment and is ready to counter them. The proposed tax, tagged Digital Asset Mining Energy (DAME), aims to make crypto mining firms take responsibility for their environmental impact. According to the CEA’s announcement, the new tax rules will have a phased-in period before taking its course. Under the new tax guidelines, all mining firms in the US would pay taxes on 30% of their total electricity usage. The CEA feels crypto miners must take responsibility for the environmental pollution they impose on the local community from the increased greenhouse gas emissions. Also, the CEA believes the crypto firms aren’t fully paying the cost of these pollutions, considering their energy consumption rate. The council cited the recently published New York Times (NYT) article, which criticized the digital asset industry for the environmental impact of its mining operations. Crypto Community Reacts To New Bitcoin Mining Tax The proposed DAME tax sparked reactions among members of the crypto community. Many tagged the tax as unfair, criticizing the government for the high tax without incentivizing clean energy usage.  Pierre Rochard, Riot Platforms’ VP of Research, who previously criticized the NYT’s article, condemned the DAME tax. Related Reading: Top 5 Cryptos To Watch This Week Amid US Banking Crisis According to Rochards, the White House targets Bitcoin at the wrong time. To Rochard, the US government should instead focus on the failing banking system. Featured Image/Pexels, chart/ TradingView

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