fossil fuel dependence
UN Research Unveils Bitcoin's Environmental Toll Beyond Carbon Emissions
A UN study reveals Bitcoin mining's significant environmental impact, including carbon emissions, water and land damage, and heavy reliance on fossil fuels. It calls for urgent regulatory and technological interventions to promote a sustainable digital currency ecosystem.
Bitcoin Halving and Money Printing is BTC’s Rocket Fuel, Says Anthony Pompliano
Bitcoin halving and historic money printing are the rocket fuel propelling BTC's price upwards, according to Anthony Pompliano.
China to Test its CBDC on Tencent-Backed Platform and Other Domestic Firms to Break Dependence on the US
China’s central bank has taken another major step forward toward the digital yuan’s mass adoption with its testing on food delivery giant Meituan Dianping. Backed by Tencent, Meituan has been having discussions with the People’s Bank of China’s central bank digital currency (CBDC), also known as digital currency electronic payment (DCEP) research wing.
Bitcoin Experiences the Second-Largest Drop in Mining Difficulty in History
The latest Bitcoin mining difficulty adjustment has experienced a major decline of 16%, representing the largest drop since late 2012.
Cryptocurrency Payments now Accepted at Tifon Gas Stations in Croatia as Firm Hopes to Tap Tourist Trade
Croatia's Tifon is keen on introducing crypto payments to enable tourists to use Bitcoin and ETH to pay for fuel and other services at designated gas stations.
Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America
Crypto mining giant Bitmain has announced that it will be partnering with crypto mining firm Foundry to extend its services to North America.
Paxful CEO: COVID Economic Measures Add Fuel to Peer-to-Peer Bitcoin Renaissance in India
As the impact of the coronavirus pandemic continues to steer Central banks and monetary policy into new and creative directions, the market outlook has been drastically altered to view alternative assets such as Bitcoin as legitimate safe haven assets. Recent developments with the Reserve Bank of India lifting its crypto ban has also triggered a wave of cryptocurrency buying in the emerging economic superpower, and Paxful has been right at its centre.
QiSwap DEX Will Airdrop QI and Implement Pioneer Programs to Fuel Growth
Decentralized exchange protocol, QiSwap, a QTUM-based dApp, will be conducting an airdrop and rewarding early adopters through its new Pioneer Programs.
Chainalysis Secures $13M From Ribbit Capital and Sound Ventures, Continuing to Fuel Crypto Adoption
Chainalysis announced that it has secured an additional $13 million in a strategic investment from Ribbit Capital and Sound Ventures during its Series B investment round, taking its total to $49 million.
Senate Hearing Views Digital Dollar CBDC as Critical to Maintaining Global Reserve Currency Status
The United States government’s plan for its digital dollar or central bank digital currency (CBDC) may have just reached a new level of urgency, as the US hopes to maintain its most effective tool of power—global dependence on the Federal Reserve and the US dollar.
Racing to Save the Planet: The Role of Blockchain in Sustainability
The world is in decay. A long list of environmental disasters and the relentless requirement for fossil fuels are pushing Earth's capabilities to heal itself to a dangerous tipping point. Blockchain might very well be mankind's last hope to avoid the fall.
Iran to Pump Liquidity in Economy by Permitting Power Plants to Mine Bitcoin
Iran has given power plants the green-light to undertake Bitcoin mining on a large scale as this will spur economic growth from the revenue generated. Nevertheless, interested parties must adhere to various regulations like not using subsidized fuel to extract Bitcoin and other cryptocurrencies.
Winklevoss Explains Why Bitcoin Is a Key Investment for Companies, Will Apple Add BTC Eventually?
A major factor that has been contributing to Bitcoin’s price rallies has been the wave of institutional inflow that has served to fuel its price momentum.