Web3 Venture Capital Spikes In FL | White House Targets Bitcoin Miners

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Florida Has Spike In Web3 Venture Capital Investments

No state was able to take advantage of those trends more than Florida. The Sunshine State saw the biggest percentage increase of any state in venture capital investment between 2021 and last year.

In 2021, investors spent $7.8 billion on Florida-based startups over the course of 652 deals, according to Crunchbase. Last year, that venture number jumped 25% to $9.7 billion in 601 deals. In 2020, Florida startups only took in $3.4 billion in 470 deals.

White House Begins Setting Stage To Go After Bitcoin Miners For ESG

The Department of Energy (DOE) and the Environmental Protection Agency (EPA) have described “clear authority to require emissions and energy-use disclosures by cryptominers” according to a letter several Democratic Congress members sent to the agencies yesterday. It asks each agency to provide timelines for when they plan to start executing those powers and collecting information.

“We urge you to use those authorities to implement a mandatory disclosure regime as rapidly as possible,” says the letter, which was signed by Senators Elizabeth Warren (D-MA), Sheldon Whitehouse (D-RI), Ed Markey (D-MA), Jeff Merkley (D-OR), Dick Durbin (D-IL), and Representatives Jared Huffman (D-CA), Katie Porter (D-CA), and Rashida Tlaib (D-MI).

FBBA Featured Member

HeightZero Announces First State Approved Tokenization Real Estate Course - Florida Blockchain Bu...

Laura Pamatian, founder of Height Zero a expert advisory firm for blockchain and AI application in Real Estate and Development, has partnered with Joshua

www.fbba.io

In The Know

Binance to Suspend US Dollar Transfers Using Bank Accounts

(Bloomberg) -- Binance, the world’s largest cryptocurrency exchange, said it’s temporarily suspending deposits and withdrawals of US dollars using bank accounts, and will work t...

finance.yahoo.com

Dubai Mandates Licensing for Crypto Companies as It Sets Out Regulatory Requirements

A new set of rulebooks from the Virtual Assets Regulatory Authority lays out requirements for crypto firms covering everything from issuance and exchange services to advertising.

www.coindesk.com

Hut 8 and US Bitcoin announce merger of equals to create a preeminent digital asset mining, hosti...

Transaction is expected to dramatically enhance trajectory of the digital asset mining business: 5.6 EH/s installed self-mining capacity at five sites across...

www.prnewswire.com

Washington turns hostile on crypto

The White House is closing a door the industry fought hard to open.

www.axios.com

Analytical Data

Bull market starts when 🥇 Bitcoin crosses RSI 50 on the monthly chart. Getting close...

United Kingdom plans to ban hoarding of its CBDC, effectively limiting people's ability to save in the digital pound when launched

United States' trade deficit climbed to a record $948.1 billion in 2022, up $103 billion from 2021.

U.S. Soon to exceed $1 trillion per year in interest payments on debt.

Events

Web3 Day At The Capitol May 2nd 2023

Click here for events & meetups in February 2023

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