A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps to decentralize bitcoin mining as well as move some hashpower to Africa. Using Wasted EnergyContinue Reading
The center will focus on financial literacy, foundational mathematics and English skills for the youth while providing Bitcoin education to older cohorts. Bitcoin Ekasi, a circular bitcoin economy located in South Africa, has opened the Bitcoin Ekasi Center to provide financial literacy and bitcoin for local youths, entrepreneurs, and businesses,Continue Reading
Bitcoin’s unique properties of electricity usage and heat generation bring new frontiers to building design. This is an opinion editorial by Dan Luddy, a mechanical engineer and energy consultant with 15 years of experience in high performance building design. The energy we use to heat our buildings is a majorContinue Reading
The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that the stock market could easily fall another 20%. JPMorgan CEO Jamie Dimon’s Warnings JPMorgan CEO Jamie DimonContinue Reading
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank governor Tiff Macklem explained that “reasonably good harvests” will contribute to reducing food inflation. The day before Macklem’s statementsContinue Reading
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, trading below $20,000 for the majority of the month. As of writing, bitcoin continues to hover atContinue Reading
While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols. One sector of the defi ecosystem that’s recorded heavy losses thisContinue Reading
Today’s entrepreneurs in the MENA area are regarded as the forerunners in adopting global crypto trends; thus, enterprises must explore decentralization for commercial, governmental, and social initiatives. The first cryptocurrency foundation in the ADGM with permission to run a blockchain and issue utility tokens has been registered as Venom Foundation.Continue Reading
After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated bonds again. Approximately two weeks later, the BOE detailed on Monday that it was doubling the sizeContinue Reading
Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron (TRX) surged toContinue Reading
