How PlebLab Is Shaping The Future Of Bitcoin Startups In Austin

Born in the heart of Texas, PlebLab.dev is a well-known name within the Bitcoin start-up world. And yet, most people who have heard about this niche Bitcoin community in Austin are probably unaware of their wins and influence.

Started as a coworking space out of Capital Factory in 2021 by a couple of Bitcoin enthusiasts, PlebLab has grown into a Mecca of the Bitcoin start-up ecosystem in the United States. They host various events and meetups throughout the year and have become a reliable work environment for Bitcoiners, whether living in Austin or just passing through. 

“In art school, I had this professor who’d make us stop after an hour of creating, walk around, and give honest…

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LATEST: North Carolina Proposes Adding Crypto to State Retirement Plans

North Carolina lawmakers are pushing for the inclusion of cryptocurrency in state retirement funds. The Investment Modernization Act (House Bill 506) introduced by Representative Brenden Jones on March 24 seeks to allocate up to 5% of state retirement funds into digital assets like Bitcoin. The bill proposes creating an independent authority under the state’s Treasury to determine which assets are suitable for investment.

A similar bill was introduced in the state Senate on March 25, named the State Investment Modernization Act (Senate Bill 709). These bills define digital assets as cryptocurrencies, stablecoins, NFTs, or any electronic asset that offers economic or proprietary rights. The North Carolina Investment Authority would assess risks and ensure the assets are stored securely.

This move aligns with growing interest in Bitcoin, as Senate Bill 327, introduced on March 18, calls for investing up to 10% of public funds into Bitcoin. North Carolina joins other states embracing cryptocurrencies as part of their economic growth strategy.

LATEST: GameStop Joins the Crypto Movement by Adopting Bitcoin Treasury

GameStop (GME) has made a bold move by adopting a bitcoin treasury strategy. The company announced alongside its fourth-quarter earnings report that its board has unanimously approved adding bitcoin as a reserve asset. This decision marks a significant step in the company’s efforts to modernize its financial strategy.

CEO Ryan Cohen sparked speculation earlier this year when he shared a photo with Michael Saylor the Executive Chairman of Strategy (MSTR) at Mar-a-Lago. Shortly after Strive Asset Management CEO Matt Cole sent a letter to Cohen urging GameStop to invest part of its nearly $5 billion cash reserves into bitcoin. Strive believes this could be a game-changing decision for GameStop’s financial future.

The company’s decision to embrace bitcoin reflects growing interest in cryptocurrency among traditional businesses. GameStop’s move positions it to be a leader in the gaming sector’s digital transformation creating exciting new possibilities for the future.

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