A look at green policy and crypto energy consumption in Japan. Society is now witnessing the implementation of digital currencies, artificial intelligence (AI) and blockchain technology worldwide. These new digital technologies necessitate very high consumption of electric energy, which is currently produced with coal and fossil fuels that have adverse environmental effects. A global shift […]
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Who are the biggest hedge funds operating in crypto today and how much do they have invested in crypto and blockchain firms? The total market cap for all cryptocurrencies stands at $293 billion, and while much of this value has been generated by individual traders buying and selling their own private stashes of crypto, it’s also […]
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Audius, a blockchain-based music streaming service in development, has unveiled its code and some node-running incentives to the public. Audius, a blockchain startup that aims to disrupt the music streaming industry, has uploaded its public beta version. The open source code for public use of Audius is available on GitHub as of Aug. 15. Additionally, […]
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A company providing water management services to oil-and-gas companies is going to use Data Gumbo’s blockchain platform to automate its services. Austin-based Antelope Water Management has announced that it is going to start using a blockchain platform developed by Data Gumbo. The announcement appeared in a press release on Aug. 15. Antelope Water Management is […]
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Cryptocurrency mining company CoinMine has completed a $2.5 million round of seed funding, earmarked for developing the all-in-one mining machine, Coinmine One. Cryptocurrency mining company CoinMine has received a fresh injection of funds from a $2.5 million seed round led by the investment company M13. Coinmine announced the successful fundraiser in an official blog post […]
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2019 has seen a shift in investment from digital currency to convergence applications according to new “Investment in Blockchains 2019” report from Outlier Ventures. The year of 2019 has witnessed a shift in investments from focusing purely on digital currency to convergence applications, according to a new report from Outlier Ventures published on Aug. 13. […]
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New Zealand bank ABS funds local blockchain startup to expedite global trade platform. New Zealand’s Auckland Saving Bank (ASB) has invested in local blockchain startup TradeWindow. The funding, reported Aug. 13, should expedite the launch of the company’s Distributed Ledger Technology (DLT) trade platform. Applying blockchain to the global supply chain TradeWindow CEO, AJ Smith, […]
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Bitfury chief executive officer and co-founder Valery Vavilov reportedly said that the company created its AI unit. Blockchain startup BitFury launched an artificial intelligence (AI) unit, Reuters reports on Aug. 13. “Data is the new oil” Bitfury chief executive officer and co-founder Valery Vavilov reportedly said that the company’s dive into AI is motivated by […]
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The upcoming crypto derivatives platform Blade has raised over $4 million from Coinbase and SV Angel, among others. A soon-to-launch cryptocurrency derivatives exchange has raised $4.3 million from major investors such as the cryptocurrency platform Coinbase and the investment firm SV Angel. The exchange Blade is scheduled to launch in three weeks’ time. Blade’s funding […]
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Will Brexit attract more fintech business to the U.K. or force those that already settled in London to leave England? Experts in the fintech industry answer. Back in 2016, there was a referendum that caused Brexit, which has since been affecting all spheres of British life. Would Brexit’s effects be positive or negative for the […]
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