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Bitcoin's (BTC) carbon footprint worries environmentalists as crypto's rally could ramp up mining activities

The crypto markets recent rally saw Bitcoin set a new record with it traded past $42,000 this week after Tesla revealed that it invested $1.5 billion in BTC. While investors are understandably excited with the...

Business Technology
Wallet Recovery Services helps crypto investors regain access to their wallets with forgotten passwords

With the crypto market rally pushing Bitcoin and Ether prices to new all-time highs, one of the worst things that could happen to investors is to forget the passwords to their crypto wallets. Fortunately, theres an expert...

Technology
Effective Hashrate Of Filecoin's Entire Network Marks 2.295 EiB

According to data from filfox.info, as of 05:00 UTC on February 4, the effective hashrate of Filecoins entire network now marks 2.295 EiB. The FIL production in the last 24 hours reads 282,878FIL, and the amount of pledge...

Business Technology
A number of central banks will likely issue CBDCs in the next three years, says BIS survey

Most central banks are already exploring the possibility of issuing their own central bank digital currency (CBDC). In a recent report, the Bank of International Settlements (BIS) projects that a number of countries will...

Business Technology
Crypto-related crime fell to 0.34% of trading volume in 2020 from 2% in 2019

2020 has been a banner year for the crypto market. Despite initially faltering in March with the coronavirus pandemic-induced crash, it recovered and even rallied to new heights with various cryptocurrencies such as...

Technology Business
Yantai Ferry ready to launch blockchain-based LC Issuance platform – Sea Road Chain

Yantai Ferry is modernizing its operations by integrating blockchain, the same technology used in cryptocurrencies such as Bitcoin (BTC) and Ether (ETH), into its payments and settlement system. The Korea-China shipping...

Technology
Ripple Client ACI Chosen For Fed’s Pilot Program, While One More Exchange Joins RippleNet

US Fed Reserve has selected a major Ripple client ACI Worldwide for its pilot program for the future start of a new real payments service FedNow. In the meantime, a Dubai-based LuLu exchange has joined RippleNet to...

Business Technology
South Korean crypto fintech firm raises $25M in a funding round co-led by Galaxy Digital

Terraform Labs, a South Korean crypto fintech firm, has recently raised $25 million in a new funding round co-led by Michael Novogratzs Galaxy Digital. The company plans to use the additional capital to develop new DeFi...

Technology
Cardano's (ADA) Smart Contract Environment Plutus Goes Live In Devnet

According to an official announcement by Input Output HK, the software company behind Cardanos blockchain solutions, the new testing environment Plutus Playground is up and running. Based on Haskell principles, it allows...

Technology
IATA tests blockchain-based passports that store health data such as COVID-19 tests and vaccination status

Blockchain technology is now being employed to keep international travels as safe as possible during the coronavirus pandemic. Starting next month, the International Air Transport Association (IATA) will begin testing the...

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