Industry expert says Elon Musk’s initiative is detrimental to the industry
Tech entrepreneur Ragnar Liftrasir called the creation of the Bitcoin Mining Council a “regulatory capture” of the mining industry.
Industry expert says Elon Musk’s initiative is detrimental to the industry
Tech entrepreneur Ragnar Liftrasir called the creation of the Bitcoin Mining Council a “regulatory capture” of the mining industry.
Guggenheim co-founder says Ethereum is more useful than Bitcoin
The second-largest cryptocurrency is much more useful than Bitcoin due to the presence of smart contracts, said Todd Morley, co-founder of Guggenheim Partners and head of the blockchain project Overline.
IT firm Globant invested $500,000 in Bitcoin
Globant, an information technology and software development company, announced investments in the primary cryptocurrency. This is described in documents filed with the U.S. Securities and Exchange Commission.
Bitcoin holders register unprecedented losses as market rout deepens
From May 17 to 23, the volume of losses recorded by Bitcoin holders reached a historic high of $14.2 billion. The scale of capitulation surpassed previous records in March 2020 and in January–February 2018, according to Glassnode.
Elon Musk discusses prospects for ‘green’ Bitcoin mining with miners
North American mining companies will form the Bitcoin Mining Council [Bitcoin Mining Council], with the aim of reducing greenhouse gas emissions across the industry. The decision was taken at a meeting with Elon Musk.
One River applies for a carbon-neutral Bitcoin ETF
One River Asset Management's Bitcoin hedge fund filed an application to launch an ETF based on the first cryptocurrency. Its hallmark will be purchases of carbon credits to offset CO2 emissions associated with mining the underlying assets.
Ray Dalio discusses his personal investment in Bitcoin
Ray Dalio, founder of Bridgewater Associates, has invested in Bitcoin as the U.S. dollar loses value, creating attractive conditions for investments in cryptocurrency.
Developer predicts a 99.95% drop in Ethereum’s energy use after PoW switch
Energy costs to maintain the Ethereum blockchain could be reduced by about 2,000x after the transition from PoW to PoS, according to ETH2 developer Karl Beekhuizen.
Greenpeace pauses Bitcoin donations over high energy consumption
A representative of the international environmental organisation Greenpeace told the Financial Times in a comment about the suspension of accepting Bitcoin donations due to the high energy consumption of cryptocurrency mining.
Billionaire David Rubenstein Rules Out the Disappearance of Cryptocurrencies
Cryptocurrencies will remain part of the financial landscape for many years, said Carlyle Group cofounder David Rubenstein in an interview with CNBC.We use cookies to improve the quality of our service.
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