AI execs visit White House to discuss energy infrastructure
According to a Goldman Sachs report, the demand for electrical power in the United States will have grown by approximately 2.4% by 2030.
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5 lowlights of Gary Gensler’s evasive testimony before Congress
Blamed for “kneecapping” the U.S. capital markets and slammed for dodging questions around Bitcoin and Pokemon cards, Gary Gensler appears to have had one hell of a grilling from Congress this week. On Sept. 27, the United States Securities and Exchange Commission chief again found himself in front of lawmakers in a scheduled hearing to
BBVA Leads Blockchain-Based Syndicated Loan of $150 Million with BNP Paribas and MUFG
Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has carried out a blockchain-based syndicated loan of $150 million, U.K.-based global financial news agency Finextra reports Wednesday, Nov. 7.The syndicated bank transaction has been conducted on a private blockchain network through a group of three funding banks including French banking group BNP Paribas, Japan’s bank…
South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon’s former associates
Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform. Own this piece of crypto history Collect this article as NFTA judge with the Seoul Southern District Court has reportedly set aside arrest warrants for Terra co-founder Shin Hyun-seong along…
Prince Philip of Serbia suggests bringing Bitcoin into the classroom
The prince, jokingly implying he was rebuilding amid a bear market, constructed a sandcastle on the beach at the Surfin’ Bitcoin 2022 before it was unceremoniously stepped on. 572 Total views 26 Total shares Speaking to Cointelegraph over sandcastles at the Surfin’ Bitcoin 2022 event at Casino de Biarritz in France on Thursday, Prince Philip…
US Dep. of Energy Grants $200,000 to Blockchain Company to Secure Grid
The United States Department of Energy (DOE), is granting nearly $200,000 to blockchain company TFA Labs to help protect the national power grid.Blockchain to improve grid reliability and resilienceOn July 12, the U.S. Department of Energy awarded the funds. The overall objectives of the grant proposed to design a system to improve grid reliability and…
Culture converges with blockchain as luxury fashion brands launch NFT collections
It’s no surprise that nonfungible tokens (NFT) have been dominating the crypto market this year. The booming digital asset class generated over $2.5 billion in sales within the first six months of 2021, demonstrating unheard-of financial gains for artists, brands and content creators across the globe. The rise of metaverses has also impacted the adoption of…
Just did it: Nike enters the metaverse game following RTFKT acquisition
The new RTFKT acquisition confirms Nike’s interest in being a prominent contributor to the virtual world of the metaverse. 731 Total views 3 Total shares Sportswear manufacturer Nike announced the acquisition of virtual sneakers and collectibles brand RTFKT. Nike becomes the biggest U.S.-based athletic products manufacturer through this partnership to join the metaverse bandwagon. A Cointelegraph…
Data shows Polkadot crashes after reaching $1B open interest — Will it happen again?
Whenever there is relevant growth in the number of derivatives contracts currently in play (open interest), it usually means that more traders are involved. In futures markets, longs and shorts are balanced at all times, but having a larger number of active contracts allows the participation of institutional investors who require a minimum market size.However,…