Argentina is monetising stranded gas
Bitcoin Mining Company GDA (Genesis Digital Assets) has signed an agreement with Argentina's state-owned energy company YPF Luz under which waste gas will be used to generate electricity for Bitcoin mining. Supposedly, a new 7 MW Bitcoin Mining Centre will be developed to power 1,200 BTC mining machines.
OTHER NEWS
ETHEREUM UPDATE
VITALIK PROPOSES EIP-7702
Vitalik Buterin has proposed EIP-7702 as an alternative to EIP-3074 to refine Ethereum’s account abstraction. EIP-3074 was earlier considered for inclusion in the upcoming Pectra upgrade. Sam Wilson, Ansgar Dietrichs, and Matt Garnett are co-authors of EIP-7702.
EARN
Kucoin AMA for GTAI
An AMA with GTAI, the native token of GT protocol, a Web3 AI execution protocol, scheduled for on 9th May 2024 at 12:00 pm (UTC) on Telegram; there is a reward of 900 GTAI tokens for participating.
CRYPTO LOAN
Cheap USDT Loan by GateIo
Gateio platform is offering USDT loan at low-interest rates of 5.26%. As per GateIo, the platform has 116.3M USDT in loan quantities.
CRYPTO & POLITICS
Biden v Trump : US Election Crypto Issue
FOX reporter Eleanor Terrett, Biden will support Elizabeth Warren and Gary Gensler on crypto, while Trump is considering taking crypto donation for his campaign. Trump yet have to make an open decision on crypto, but campaign donation is making him pro crypto.
STABLECOIN
105+ Million USDC burned by USDC treasury
USDC Treasury burned 105,006,219 USDC on Wednesday, 08 May 2024, in two transactions in Ethereum blockchain.
- 50,000,000 tokens were burned at 18:32:11 (UTC).
- 55,006,219 tokens were burned at 18:53:11 (UTC).
NEW LISTING
Gate io lists FRIEND
Gateio has listed Friend Tech's token, FRIEND, on its platform. No, there is no reward campaign announced by Gate. But there is a possible bull ride for FRIEND after being listed by gate.
