California Pioneers Bitcoin Rights with Amended Digital Assets Bill

in LeoFinance2 months ago

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MOONKARTS | Why You should Focus on Staking COLONY Tokens

Moonkarts, a play-to-earn kart racing game on the Hive blockchain, is gaining traction with Colony tokens (COLONY) as both rewards and governance tokens for the Arcade Colony platform. Similar to SPS in Splinterlands, staking COLONY boosts rewards, encouraging players to stake more for higher multipliers.

The game also features SCRIPT tokens, needed for fuel in races. With 50 million COLONY tokens allocated per season, top players earn significant rewards. The author, an avid Hive gamer, has staked 15,435 COLONY tokens, prioritizing kart upgrades to improve race performance.

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Bitcoin mining company Mara Holdings succeeds in raising $2 billion through an equity offering that will be used for BTC acquisition and general corporate purposes

Bitcoin's price is $83,574, with concerns of a drop to $70,000 if no bullish catalysts emerge. MARA Holdings has secured a $2 billion equity offering to buy BTC and fund corporate needs, mirroring MicroStrategy’s Bitcoin accumulation strategy.

Despite macro uncertainty and inflation concerns, MARA continues to hold and acquire BTC. The company holds 46,374 BTC worth $3.8 billion and reported a 248% rise in net earnings to $528.3 million in Q4 2024.

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Introducing Dash Evolution: The Future of Decentralized Applications

Dash Evolution, launched on September 2, 2024, is a decentralized application platform that enables secure, censorship-resistant data storage and retrieval. Initially designed for blockchain usernames, it evolved into a comprehensive data layer solution.

Users benefit from private transactions without relying on centralized entities, while developers can build Web2-style apps in JavaScript, accessing and modifying immutable data without running a node. Evolution represents a major step toward decentralized money and data sovereignty.

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California Pioneers Bitcoin Rights with Amended Digital Assets Bill

California’s Assembly Bill 1052 (AB 1052), now the "Digital Assets" bill, aims to protect Bitcoin and cryptocurrency rights for its 39.4 million residents. Introduced by Assemblyman Avelino Valencia, it guarantees self-custody of digital assets, prevents discriminatory restrictions, and legally recognizes cryptocurrency payments. This move follows similar legislation in Kentucky, Texas, and Oklahoma.

Currently in the desk process, the bill must pass the Assembly and Senate before reaching Governor Gavin Newsom. If enacted, it could make California a leader in crypto-friendly regulation and drive wider Bitcoin adoption.

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