Economist Alex de Vries, who published an article on “Bitcoin’s Growing Energy Problem,” yesterday, May 16, in scientific journal Joule, told the Independent that Bitcoin (BTC) mining will use 0.5 percent of the world’s energy by 2018.
Most of the multi-billion corporations such as Facebook, Netflix, and Amazon have not yet made any comments about blockchain and Bitcoin to the users.
JPMorgan co-president Jerry Pinto confirmed the bank was “looking into” the Bitcoin space May 16, saying cryptocurrency “will play a role” in the future.
IBM announced a partnership with Veridium Labs to tokenize carbon credits that will allow companies to track their carbon footprint with blockchain yesterday, May 15.
A Russian Bank is reportedly supporting Petro and has been offering financial services while defying the US sanctions.
The Seminole County, Florida, tax collector Joel M. Greenberg announced May 14 that the county will begin accepting cryptocurrency for payment for various services this summer in order to eliminate heavy fees and improve payment accuracy…
The corporation which is just a startup focusing on IoT made an announcement of the launch of a USB-compatible device meant for blockchain.
BitGo announced the plans to ensure that they built a custodial suite meant to encourage various institution based investors to join the crypto market.