BTC miners are ideal energy consumers, but regulators need to catch up — Hive
According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems.
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Lack of proper financial services boosts crypto ownership in Nigeria, says report
A new study has revealed staggering growth in crypto adoption across Nigeria, fueled by limited access to affordable fiat-based financial services in Africa. Crypto exchange KuCoin’s “Into the Cryptoverse Report” highlights that many Nigerian citizens have started using cryptocurrencies as a viable alternative to store and transfer assets. According to the report, 35% of the Nigerian…
US and South Korea requested extradition of Terra co-founder Do Kwon — Montenegro justice minister
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Korea is granted. 216 Total views 2 Total shares Own this piece of history Collect this article as an NFTAuthorities from both the United States and South Korea have…
Carbon neutral crypto spot ETFs to launch in Canada
Purpose Investments will measure the carbon footprint associated with its portfolio and purchase carbon offsets accordingly. 101 Total views 16 Total shares Two carbon neutral cryptocurrency-backed exchange-traded funds are poised to launch in Canada offering a greener alternative for institutional investors.Canada-based asset manager Purpose Investments is readying to launch two new crypto-based ETFs on the…
SEC’s CryptoMom on Outlook for the Digital Dollar and the End of Her Term in June
In a recent panel, SEC Commissioner Hester Peirce AKA CryptoMom opened up about the prospect of a digital dollar as well as the end of her term, coming in June. 610 Total views 27 Total shares A noted crypto defender at the United States Securities and Exchange Commission has spoken to the end of her…
‘Smart Dubai’ Initiative Receives a Boost as DAG Platform Comes On Board
A DAG blockchain platform that can operate as the IT infrastructure for smart cities has announced a partnership with the private office of Sheikh Saeed bin Ahmed Al Maktoum — paving the way for an operational presence in Dubai.The Fantom Foundation says its protocol is designed to operate as the information technology infrastructure for smart…
Jury directions begin in Sam Bankman-Fried criminal trial
Jury deliberations are to expected to begin shortly and may last until next Monday. 300 Total views 2 Total shares Closing arguments for the criminal trial of Sam Bankman Fried (SBF), the disgraced founder of crypto exchange FTX, have officially concluded with U.S. Southern District of New York Judge Lewis Kaplan moving to jury instructions.As
Heads of Binance.US and eToro grace Fortune’s top 40 under 40 list for 2020
Some of crypto's own take the spotlight in Fortune's fresh list of elites. Fortune picked out a number of individuals deemed as most influential for 2020, listing 40 different names across five separate sectors. Binance.US CEO, Catherine Coley, and eToro CEO Yoni Assia found their names on the list, published on Sept. 2, under the finance section.…
SEC and CFTC Fine Crypto Investment App for Offering Synthetic Assets
U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors. The Securities and Exchange Commission and Commodity Futures Trading Commission issued a joint fine to Abra, a crypto portfolio app that let users get synthetic exposure to traditional markets.According to…