Search Results for: Environmental

Qatari National Bank to Explore Cross-Border Payment Solutions With Ripple

The Qatari National Bank (QNB) is set to launch a cross-border payment solution powered by blockchain payments firm Ripple Labs Inc and will see cash movements to Turkey. As reported by Pymnts, the partnership will see QNB pilot Ripple’s financial technology network, RippleNet, with QNB Finansbank in Turkey in a group rollout. The deal is … Continue reading Qatari National Bank to Explore Cross-Border Payment Solutions With Ripple

Asset Manager Invesco Files for 2 Crypto ETFs in the US

American independent investment management company Invesco Ltd has announced the launch of two Exchange Traded Funds in the U.S. Dubbed as the Invesco Alerian Galaxy Crypto Economy ETF (SATO) and the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC), the firm said both products would offer exposure to companies as well as investment … Continue reading Asset Manager Invesco Files for 2 Crypto ETFs in the US

Burnt Ether Tops $2B as Ethereum 2.0 Deposit Contract Continues to Grow

Ethereum’s market capitalisation recently breached the $500 billion mark as more investors keep a keen eye on this network. Ethereum’s uptick in activities can be illustrated by the fact that burnt Ether stands at 608,567 ETH worth $2.089 billion since the London Hardfork or EIP 1559 upgrade went live on August 5.  This upgrade prompted … Continue reading Burnt Ether Tops $2B as Ethereum 2.0 Deposit Contract Continues to Grow

Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Months after it stopped accepting Bitcoin payments for its electric automobiles, American car manufacturing giant Tesla has hinted at the possibility of continuing this pro-Bitcoin move in the near future. The Palo Alto-based firm revealed this in its quarterly performance report, in which it recorded a massive revenue of over $13.7 billion. In the filing, the … Continue reading Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Ameren Energy Corp Unveils its Secret Bitcoin Mining Operations

Missouri-based energy generation company Ameren Corp has unveiled its secret Bitcoin mining operations near the Sioux Energy Center in the state.  As announced by the Data Center Dynamics, Ameren set up the data centre back in April but did not disclose it until today, after it noted it has mined about 20 Bitcoin thus far. Per the … Continue reading Ameren Energy Corp Unveils its Secret Bitcoin Mining Operations

Ethereum Supply Diminishes to a Record Low Amid ETH Breaking the Record at $4,400

Cryptocurrencies have enjoyed a rollercoaster ride this quarter as they continue smashing records. Just over a week after Bitcoin hit an all-time high (ATH) of $66,900, Ethereum has followed its footsteps by breaking the record at the $4,400 level.  On the other hand, SHIB, a Dogecoin-inspired meme cryptocurrency, recently scaled the heights with a 46% … Continue reading Ethereum Supply Diminishes to a Record Low Amid ETH Breaking the Record at $4,400

Ethereum’s Bullish Momentum Has Been Sparked by Increased Utility

Ethereum (ETH) recently broke the record by surging to the $4,400 level as this network continues to gain steam. Santiment believes that an increased utility has triggered this upward trend. The on-chain metrics provider explained: “Ethereum enjoyed a steady climb on the number of active addresses over the past month, which was key to establishing … Continue reading Ethereum’s Bullish Momentum Has Been Sparked by Increased Utility

Ethereum Sets Eyes on 8 Consecutive Positive Quarters

Ethereum has been on the right footing for eight consecutive quarters if the current one closes in green. Market insight provider Coinbase Institutional explained: “ETH is on track for 8 consecutive positive quarters, +47% this Q4.” This year’s fourth quarter has seen Ethereum record historical highs. For instance, ETH set a new all-time high (ATH) … Continue reading Ethereum Sets Eyes on 8 Consecutive Positive Quarters

Argo Blockchain Seeks $57.5M Debt Funding to Build Texas Mining facility

London-based digital currency mining platform, Argo Blockchain has filed an application with the United States Securities and Exchange Commission (SEC) to offer $57.5 million worth of 8.75% senior unsecured notes to interested investors. Per the filing, the senior unsecured notes are billed to mature on November 30, 2026, and the proceeds are billed to be … Continue reading Argo Blockchain Seeks $57.5M Debt Funding to Build Texas Mining facility

China's CCP Official Expelled for Violation Crypto Mining Ban Provisions

A former member of the CPPCC (Chinese People’s Political Consultative Conference) got fired by touching Beijing’s nerve. Xiao Yi, a former advisory member of CCP has been expelled from the party in what appears to be the first full-blown sanction of an official that violated Beijing’s stance against cryptocurrency mining. Per the translated version of the Central … Continue reading China's CCP Official Expelled for Violation Crypto Mining Ban Provisions

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