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Bitcoin mining ban in China a ‘game changer’ for electric vehicle adoption

Following Beijing’s crackdown on energy-sapping Bitcoin (BTC) mining, Guizhou province has become the country’s first to make use of its freed-up power capacity to advance a climate-conscious agenda. The hydroelectric-rich southern province has recently announced a plan to build at least 4,500 electric vehicles (EV) charging stations in 2021. This will

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Payments Startup Celo Raises $20M From a16z, Electric Capital

Mobile-focused blockchain payments startup Celo has raised $20 million from the likes of Andreesen Horowitz (a16z), Greenfield One and Electric Capital.According to a press release on Wednesday, the funding will go towards fleshing out its suite of offerings. Celo is a proof-of-stake blockchain built on Ethereum, designed to support stablecoins and tokenized

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Zcash’s Electric Coin Company Shifts to Non-Profit Status Following Stockholder Vote

The technical firm behind privacy cryptocurrency zcash (ZEC) is transitioning to a non-profit, called the Bootstrap Project, after a majority of shareholders elected to donate their holdings in the company.“A majority of the investors and owners have informed us of their generous willingness to do this in support of our

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