Welcome to The Daily Leo! We pull the best articles in Finance, Crypto news, and Hive/Leo into one condensed information-packed space. Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO MOONKARTS | Why You should Focus on Staking COLONY TokensMoonkarts, 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. Bitcoin mining company Mara Holdings succeeds in raising $2 billion through an equity offering that will be used for BTC acquisition and general corporate purposesBitcoin'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. 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. California Pioneers Bitcoin Rights with Amended Digital Assets BillCalifornia’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. InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards. The Daily LEO is free today. But if you enjoyed this post, you can tell The Daily LEO that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
Monday, March 31, 2025
California Pioneers Bitcoin Rights with Amended Digital Assets Bill
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