Bitcoin miners can prove green potential by undergoing ESG ratings check
Bitcoin miners may opt for ESG ratings to prove “greenness” as environmental concerns loom over the entire crypto industry. Environmental concerns regarding the energy-intensive, proof-of-work (PoW) mechanism that Bitcoin (BTC)…
Estonian IT company inks $26M crypto mining deal with Bitmain
Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity. Estonian technology conglomerate Burfa is turning to Bitmain to supply key cryptocurrency mining infrastructure to…
Bullish all the way? MicroStrategy doubles down on its Bitcoin bet
MicroStrategy’s latest bond offering seeks to deliver a yield of 6.25%–6.5% — significantly higher than an average junk bond yield of 4.01%. There’s never a dull day when it comes…
Crypto and ‘meme stocks’ shunned by 90% of UK financial advisers
A recent Opinium poll has shown that a majority of British financial adviser respondents are not advocates of crypto investing for their clients. More than 90% of 200 independent financial…
What Is Bitcoin Halving and How Does it Affect Bitcoin Miners?
In a nutshell, halving is a process that means crypto miners receive 50% fewer Bitcoins as they “mine” them. Its main aim is to help avoid inflation and the “death”…
Are Bitcoin Hedge Funds on the Rise as an Investment Strategy?
The indisputable rise of Bitcoin has legitimized it in the eyes of big players. The accessible infrastructure has made even large transactions easy, opening the door for hedge fund entry.…
Eight Major Cryptocurrencies Accepted by Crypto Sportsbooks
The year 2020 was a year of boom for industries adopting cryptocurrency payments, most especially Bitcoin. For instance, in the latter part of 2020, the renowned Payment system, Paypal made…
Ethereum and Litecoin Hit New Record Highs, ETC Plays Catch Up, SHIB, May. 10
ETH Ethereum has continued its relentless charge with the coin blasting above the $3,600 level and then $4,000. As of Monday morning, ETH trades around the $4,188 level. ETH Price…
KuCoin Exchange and KCS Fans Launch the KuCoin Community Chain (KCC)
KuCoin Community Chain (KCC) is now live The KuCoin Community Chain (KCC) was a collaborative effort between KuCoin and KCS fans KuCoin Community Chain’s mission is to provide the community…
Tron (TRX) Hits a New Milestone of 5.26M Daily Active Users
Tron’s daily active users have hit a new all-time high of 5.26 million At the same time, Tron’s total daily transaction count has also hit a new all-time high of…
Bank of England Boss Pledges ‘Tough Love’ in Cryptocurrency Regulation
Bank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is a world where innovation gets a free…
Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes
Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. According to the CBN’s Aladeen…
Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining
Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents…
Kim Kardashian Shills Ethereum Max on Instagram, Media Questions Socialites Motive
The celebrity influencer Kim Kardashian posted about a project called Ethereum Max on Instagram this week by sharing an advertisement with her 228 million followers. The project Ethereum Max has…
Digital euro could drain 8% of bank deposits, Morgan Stanley says
Banks in smaller countries like Latvia, Estonia and Greece could be impacted harder by the digital euro, analysts said. Analysts at the American multinational investment bank Morgan Stanley have estimated…