Search Results for: Environmental

Gemini Purchases Carbon Credits to Decarbonize Bitcoin

American cryptocurrency exchange Gemini has purchased carbon credits to help decarbonize Bitcoin amidst a growing clamour that the cryptocurrency is not environmentally friendly. Through its newly formed Gemini Green, a long-term initiative to incorporate climate-conscious practices into its business, the trading platform has partnered with Climate Vault, a non-profit associated with the University of Chicago.  … Continue reading Gemini Purchases Carbon Credits to Decarbonize Bitcoin

China Shuts Down Over 90% BTC Capacity, Sichuan BTC Sites Massively Offline

China intensified law enforcement against domestic Bitcoin mining activities. Bitcoin mining sites in Sichuan Province were reportedly massively disconnected and lost their abilities for further mining operations, according to local media’s coverages. The disconnection was reportedly occurred since Sunday, citing local media’s coverages. Some firms even closed their facilities prior to the outage. According to … Continue reading China Shuts Down Over 90% BTC Capacity, Sichuan BTC Sites Massively Offline

NFT Platform Mintable Raises $13 million in Series A Financing and will Integrate with XRP Ledger

NFT platform Mintable has received $13 million in Series A financing and will be integrated with Ripple’s XRP Ledger blockchain. Singapore-based Mintable announced on July 1 that it will use the funds to expand its operations, promote its growth and user acquisition, and develop and launch new products. Investors include Ripple, NFT investment fund Metapurse, … Continue reading NFT Platform Mintable Raises $13 million in Series A Financing and will Integrate with XRP Ledger

Staked Ethereum Surpasses Mined ETH

Ethereum locked in the ETH 2.0 deposit contract continues to outway the one being mined daily, which is a bullish sign, according to market analyst Lark Davis. He explained: “Ethereum 2.0 has 195,878 validators running the network with a total of 6.268 million ETH deposited. Currently, we are seeing more Ethereum a day flowing into … Continue reading Staked Ethereum Surpasses Mined ETH

Cathie Wood-led ARK Invest Purchases Another $54M Shares in Square

Cathie Wood-led Ark Investment Management has purchased 225,937 shares, estimated to be about $53.7 million in Square last Friday, the American financial services and digital payments company, according to online media Business Insider. The accumulation just came after Jack Dorsey, CEO of Square, announced that the company was actively creating a new non-custodial, permissionless, and decentralised financial services business … Continue reading Cathie Wood-led ARK Invest Purchases Another $54M Shares in Square

The Listing of Clean Energy Crypto-Mining & Semiconductor ETF on NYSE Launches

The clean energy encrypted mining and semiconductor exchange-traded fund (ETF), created by a registered investment advisor and emerging fund manager Viridi, was officially traded on the New York Stock Exchange on July 20 under the code name RIGZ. This is the first active management ETF focusing on clean energy encryption mining and the mining infrastructure industry … Continue reading The Listing of Clean Energy Crypto-Mining & Semiconductor ETF on NYSE Launches

Bitcoin Bulls Might Trigger a Short-Squeeze Based on the $3K Intraday Gain

After nosediving below the psychological level of $30K on July 20, Bitcoin (BTC) gained momentum and rose to the $32,100 level during intraday trading.  This momentum was partly triggered by Elon Musk’s disclosure during the B-Word virtual event held on July 21 that SpaceX aerospace manufacturer had invested its treasury reserves in BTC and Tesla … Continue reading Bitcoin Bulls Might Trigger a Short-Squeeze Based on the $3K Intraday Gain

How the First ESG Blockchain Is Doing It Right?

With several blockchains projects competing to get the edge, the big names frequently get the shots. However, small blockchains like Telos still manage to make a name for themselves and even exceed the functionality of the bigger ones in some areas. It is always important to look beyond the big names because the undervalued blockchains … Continue reading How the First ESG Blockchain Is Doing It Right?

IMF Officials Warns Monetary Risks of adopting BTC as Legal Tender

Two International Monetary Fund (IMF) officials criticize Monday without name and shame that the adoption of Bitcoin as legal tender in some countries would be risky and “could be dire” to its economy. Per the article published Monday on the IMF blog. The Financial Counsellor and Director of the IMF’s Monetary and Capital Markets Department, Tobias Adrian … Continue reading IMF Officials Warns Monetary Risks of adopting BTC as Legal Tender

Bots Inc Starts Accepting Dogecoin And Other Cryptocurrencies from Tesla Vehicle Buyers

BOTS Inc. global blockchain technology firm has announced that it has started allowing local car dealerships to accept cryptocurrencies like Dogecoin to buy used Tesla vehicles. As the popularity of crypto assets like Bitcoin and Dogecoin continues to rise, several car dealers and manufacturers have identified that as an opportunity to reach and even attract new … Continue reading Bots Inc Starts Accepting Dogecoin And Other Cryptocurrencies from Tesla Vehicle Buyers

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