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…

    Bank of America reportedly begins clearing Bitcoin futures
    21 Jul 2021
    508 Views

    One of America’s largest banking establishments, the Bank of America (BofA), has launched a new service enabling to trade of Bitcoin futures, according to Coindesk’s anonymous sources. Some clients reportedly are in the setup process, while some are already live. As two anonymous sources reported Friday, the bank is clearing cash-settled Bitcoin futures, a type…

    Crypto Trends Weekly 10 – 16 July
    20 Jul 2021
    500 Views

    Breaking crypto news from the last week (10 – 16 July 2021): 10 July: The BIS, the IMF, and the World Bank called to the G20 to create a cross-border network of central bank digital currencies (CBDC), underpinned by efficient technological integration and proactive international cooperation, which could be of significant benefit to the world…

    What is Terra: Guide to the new cryptocurrency
    20 Jul 2021
    867 Views

    With cryptocurrencies like Bitcoin, Ether, and Dogecoin gyrating in value over the past few months, many people are looking at so-called stablecoins like Terra to invest in because of their more predictable prices. Terraform Labs, which oversees the Terra cryptocurrency project, has benefited from its rising popularity. The company said Friday that investors like Arrington…

    Artist Damien Hirst compares NFTs to ‘the invention of paper’
    20 Jul 2021
    494 Views

    Damien Hirst says NFTs are changing the world. In an exclusive interview with Cointelegraph, the British contemporary artist noted that they are like “the invention of paper.” Speaking in London with Andrew Thurman of Cointelegraph, Hirst presented his “The Currency” artwork collection, the pile of boxes containing 10,000 sheets with unique paintings created in 2016,…

    300MW crypto mining facility is building on the US nuclear power plant
    19 Jul 2021
    428 Views

    As Data Center Dynamics reported, Talen Energy, a US power company, plans on building a 300MW crypto mining facility and data center beside its nuclear power plant in Pennsylvania. The crypto mining firm Cumulus Coin, a subsidiary of Talen Energy, expects the project to come online at the beginning of 2022 with the 164MW first…