Crypto News

Green Energy Bitcoin Mining Will Have ‘Insignificant Environmental Impact’

Advertisement As the Bitcoin network grows, so too does the concern around its environmental impact, and with good reason. Bitcoin consumes more electricity than the entire island of Ireland, and that power consumption is set to steadily rise in the coming years. Beyond the electricity required to run the network, there are the materials required […]

Bitcoin

BIS Backtracks in New Report: Cryptocurrencies ‘Do Not Pose a Global Financial Stability Risk’

The Bank of International Settlements (BIS) has issued a new report, outlining that cryptocurrencies, at the given moment, do not pose a global financial stability risk, directly contradicting previous statements made earlier this year by this ‘central bank of central banks.’ Headlines Impact Price According to the newest study on cryptocurrencies released by BIS, cryptocurrencies’ […]

Crypto News

Winklevoss-Led Cryptocurrency Exchange Gemini Eyes UK Expansion: Report

Advertisement Gemini, the U.S. cryptocurrency exchange founded by bitcoin billionaires Cameron and Tyler Winklevoss, is rumored to be eyeing an expansion into the United Kingdom. Gemini Plots Transatlantic Expansion Citing two sources close to the process, the Financial Times reports that the New York-based exchange operator has hired advisors regarding a move into Britain and […]