New York ceases Bitcoin mining for 2 years

In bad news for blockchain and bitcoin lovers, the New York State on Friday passed a bill to cease new permits for specific fossil fuel power plants to be utilized in Bitcoin mining. The move sets up a two-year ban on new permits for crypto mining operations that use proof-of-work (PoW) authentication methods to validate…

Dogecoin reaches an all-time high of almost 12 cents

Elon Musk’s favorite meme-cryptocurrency is now worth 10 cents and above. As per CoinDesk, in the last 24 hours, it has risen 70.22%, the highest ever recorded till now. The value of meme cryptocurrency Elon Musk won’t stop tweeting about is almost 12 cents or $0.122680. Started as a joke, the market cap of DogeCoin,…