Bitcoin Mining: Wasted Energy or a Better, Greener System?
Is it wasteful to use electricity mining bitcoin? As the Biden Administration settles into power with an ambitious agenda around clean energy, notably promising to…
Articles by BusinessPrime Admin
Australia’s Blockchain Ecosystem Needs More Support From Regulators, Says Industry Body
Australia’s blockchain and cryptocurrency companies need more support from the federal government and regulators to boost confidence within the country’s business sector, according to Steve…
Institutions Not Worried About Bitcoin Dropping Below $40K, Options Data Shows
Despite bitcoin’s rapid $3,000 fall from new record highs seen Sunday, institutions seem confident about the cryptocurrency’s long-term prospects. The cryptocurrency dropped to $47,790 earlier…
New Emerging Markets Fund Targets Blockchain, DeFi Startups
Asset management firms Alpha Innovations and Arcanum Capital have launched a $10 million venture capital fund focused on driving blockchain innovation in emerging markets. The…
3 Reasons Why Bitcoin’s Price Just Fell by $3K
Bitcoin saw a significant drop early on Monday, soon after it had looked primed for a convincing move above $50,000. The top cryptocurrency slipped from…
Crypto Long & Short: What Does Dogecoin Have to Do With Government Bans?
Dogecoin is not a cryptocurrency you would expect to read about much in this column since it is not exactly an “institutional grade” asset. It…
Avalanche Crippled by Bug Triggered by Unusually High Volume, Engineer Says
An Ava Labs engineer gave a rundown of the small code bug that severely crippled the Avalanche blockchain last week. In a Sunday Medium post,…
Coinbase Ventures, Paradigm Invest $12M in Synthetix DeFi Platform
Decentralized trading platform Synthetix has raised $12 million from venture capital firms Coinbase Ventures, Paradigm and IOSG. The raise looks to be a rare occurrence…
NBA Top Shot, CryptoKitties Firm Dapper Labs Raising $250M+ at $2B Valuation: Report
Dapper Labs, responsible for high-flying digital collectables such as NBA Top Shots and CryptoKitties, is raising funds that should net the firm more than $250…
Morgan Stanley Unit Considers Bitcoin Investment: Bloomberg
Morgan Stanley’s $150 billion Counterpoint Global investment unit is considering placing a bet on bitcoin, according to a report by Bloomberg, which cited people familiar…