Can Bitcoin Survive the Climate Change Revolution?

Coronavirus might be the biggest story of the decade, but climate change will be the grand narrative of the century.  As energy of any kind becomes of premium value to the planet, and the world’s transport systems come onto the electric grid, how will notoriously energy-hungry processes like bitcoin fare? In financial services, environmental, social […]

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Riot Blockchain Says Coronavirus Outbreak Might Hurt Crypto Mining Farms

Riot Blockchain is worried that COVID-19 may “seriously disrupt” its bitcoin mining operations.  The Nasdaq-listed rig builder revealed its concerns in its annual 10-K report with the Securities and Exchange Commission, filed Wednesday. Such reports always include a “general risks” section detailing worst-case business scenarios. This year, Riot added two pandemic-specific subsections to discuss COVID-19. […]

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Emin Gun Sirer’s AVA Labs Seeks Wall Street Business After Open-Sourcing ‘Avalanche’ Protocol

AVA Labs, the first project building on the “Avalanche protocol” blockchain network, is looking to modernize financial infrastructure.  As first envisioned in a 2018 white paper by the pseudonymous “Team Rocket,” Avalanche protocol uses random network sampling to reach consensus. But it is AVA Labs’ ambition in building new infrastructure for the financial markets which […]

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Crypto Lender Cred Is Offering Investors 10% Interest With Spencer Dinwiddie Partnership

Spencer Dinwiddie, the Brooklyn Nets guard who launched his own tokenization platform, has launched an interest-bearing stablecoin service in partnership with crypto lending firm Cred.  The new service launched Friday on Dinwiddie’s personal website. There, visitors can “pledge” TrueUSD and UPUSD stablecoins, as well as bitcoin, litecoin and ether, earning up to 10 percent interest […]

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