Californian nuclear power plant bets on Bitcoin mining
    22 Jul 2021
    488 Views

    Californian nuclear energy provider Oklo announced its 20-year partnership with the Bitcoin mining firm Compass. According to a release, the first phase of the partnership will start in the early 2020s providing Compass 150MW of nuclear-generated energy for crypto mining. “Cryptocurrency mining offers promising pathways to accelerate the deployment of clean energy technologies, and Oklo…

    US Treasury Secretary urges federal agencies to quickly introduce stablecoin regulations
    22 Jul 2021
    459 Views

    Treasury Secretary Janet Yellen told regulators Monday that the U.S. government must move quickly to establish a regulatory framework for stablecoins, a rapidly growing class of digital currencies. The President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months. According to Reuters, Treasury Secretary Janet Yellen held a…

    Bitcoin falls below $30,000 as global markets worries over pandemic

    Bitcoin price fell Tuesday below $30,000 for the first time since last month, which drags down other digital currencies as investors worldwide fret about the Delta variant and the next stage of the COVID-19 pandemic. According to CoinMarketCap data, the whole cryptocurrency market lost about $89 billion in 24 hours. However, Glassnode’s report indicates large…

    Dubai Coin: a story of cryptocurrency fraud in the Gulf countries
    22 Jul 2021
    551 Views

    DubaiCoin positioned itself as a regular cryptocurrency, specialized for the UAE market. Its DBIX tokens were traded on various exchanges, and the roadmap looked quite attractive. But it was all a scam. In May of this year, the attention of the cryptocurrency community was drawn to the DubaiCoin digital currency (DBIX token). As stated in…