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Microsoft touts next-gen data centers that don’t consume water for cooling

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Microsoft has unveiled a groundbreaking cooling system for its data centers that eliminates the need for water, addressing growing concerns about the environmental footprint of tech infrastructure. Announced on Nov. 21, the innovation leverages advanced air cooling technologies to maintain optimal temperatures for servers while significantly reducing water consumption, a critical issue in regions facing water scarcity.

The new system uses a combination of low-energy fans and heat-absorbing materials to dissipate heat efficiently, ensuring the reliability of data center operations. Traditional water-based cooling methods have been widely criticized for their environmental impact, particularly in drought-prone areas. By adopting a water-free solution, Microsoft aims to set a new standard for sustainable data center design and operations.

This initiative aligns with Microsoft’s broader commitment to achieving carbon neutrality and sustainable resource use. The tech giant has pledged to be water-positive by 2030, meaning it will replenish more water than it consumes across its global operations. The shift to water-free cooling in data centers is a key part of this strategy, reflecting the company’s dedication to minimizing its ecological impact while meeting the growing demand for cloud services.

Industry analysts have praised Microsoft’s innovation as a potential game-changer for the tech sector, where data centers account for a significant share of energy and resource consumption. As other companies grapple with balancing operational efficiency and sustainability, Microsoft’s water-free cooling technology could inspire similar advancements, reshaping how data centers are designed and managed worldwide.

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US lawmakers advance anti-CBDC bill

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U.S. lawmakers have voted to advance a bill aimed at blocking the Federal Reserve from issuing a central bank digital currency (CBDC), marking a major step in the political pushback against the development of a digital dollar.

The bill, which passed through the House Financial Services Committee, would prohibit the Fed from directly offering accounts or issuing a CBDC to individuals, citing concerns over surveillance, privacy, and government overreach.

Supporters of the legislation argue that a digital dollar could pose significant risks to civil liberties, enabling real-time tracking of consumer transactions and expanding federal control over personal finances. They view the bill as a safeguard against what they describe as a “surveillance-style” monetary system.

Opponents of the bill, however, argue that restricting CBDC development could hinder U.S. innovation and global competitiveness in the evolving digital financial landscape.

The legislation now moves closer to a potential floor vote in Congress. Its progress underscores growing ideological divisions over the future of money in the United States, with CBDCs emerging as a new front in the broader debate over digital governance, financial freedom, and the role of government in the digital age.

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Gemini to open Miami office after judge stays SEC case

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Crypto exchange Gemini has opened a new office in Miami, reinforcing its commitment to expanding operations despite pausing its plans for an initial public offering (IPO) amid a continuing legal battle with the U.S. Securities and Exchange Commission (SEC).

The Miami office signals the company’s long-term vision for growth in key U.S. markets, even as regulatory uncertainty clouds the broader crypto landscape. The expansion comes at a time when Gemini is facing heightened scrutiny from the SEC over its Earn program, which the regulator alleges involved unregistered securities.

While the IPO remains on hold, Gemini continues to strengthen its infrastructure and team, focusing on user growth, compliance, and regional outreach. The Miami hub is expected to play a strategic role in those efforts, leveraging the city’s growing status as a U.S. crypto hotspot.

Co-founders Cameron and Tyler Winklevoss remain vocal about the need for clear regulatory frameworks and have emphasized that Gemini will continue to fight for fair treatment while building responsibly in the U.S. and abroad.

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Coinbase Institutional files for XRP futures trading with CFTC

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Coinbase Institutional has officially filed with the U.S. Commodity Futures Trading Commission (CFTC) to offer XRP futures trading, marking a significant move toward expanding institutional access to Ripple’s native token.

The filing, submitted through Coinbase Derivatives, signals the exchange’s intent to list XRP futures contracts in a regulated environment. If approved, it would allow institutional investors to gain exposure to XRP through derivative products, a key step in broadening the token’s presence in traditional financial markets.

This development comes amid a gradually improving regulatory climate for XRP, following a partial legal victory for Ripple in its ongoing case with the U.S. Securities and Exchange Commission (SEC). The outcome gave XRP a degree of legal clarity, opening the door for exchanges and financial institutions to re-engage with the asset.

Coinbase’s push to expand its derivatives offerings also aligns with its strategy to build a more robust institutional platform. Approval from the CFTC would position the exchange to capitalize on growing demand for regulated crypto investment vehicles.

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