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During December, highly scalable blockchain Near and its underlying asset has experienced an important rally. Coming in hot from a monthly low at around $6, the NEAR token currently trades at $15,37, close to its all-time high north of the $16 mark. NEAR trends to the upside in the 4-hour chart.
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Bitcoin (BTC) is often used to criticize all blockchain-based projects. This is understandable since Bitcoin was the first project to use a blockchain, is arguably the most recognizable and is the largest cryptocurrency by market cap.In the first half of this article, I will use Bitcoin as a proxy for
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The Navajo Nation’s Bitcoin story might be the most wholesome of the last few months. The mine isn’t only providing employment within the reservation, it’s helping them transition from providing coal-powered energy to renewables. Another case study that proves Bitcoin incentivizes and funds green energy. Another story of Bitcoin helping
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Recent reports show that Bitcoin mining uses great amounts of renewable energy due to economic incentives. This turn of events raised their numbers of sustainable power mix to almost three times higher than the world average. As renewable energy offers low costs, bitcoin miners, who had to spend 68.42% of their
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In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.The United Nations General Assembly (UNGA) is holding its 76th annual meeting between
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Vitalik Buterin has argued in a blog post published on August 16, 2021, that he thinks it is important for the decentralized finance (DeFi) ecosystem to move away from token-based governance and look into other forms of decentralized governance, as the former comes with way too many risks and shortcomings. The
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In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Since 2013, the Organization for Economic Cooperation and Development, or OECD, has been
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DAFI introduces a completely new alternative to hyperinflation.Inflation is not a new concept and, in the world of traditional finance, continued pressure on the economy saw the US printed more money in one month than in two centuries last year. Inflation is also not new in the cryptocurrency and DeFi
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As more cryptocurrency projects are beginning to understand firsthand, keeping key stakeholders and early investors involved in a project’s ecosystem long-term is tough. With increasing speculation around new blockchain networks, specifically DeFi-focused platforms, cryptocurrencies can see instant price growth as they hit the market. With these profits too high for
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United Nations Secretary-General António Guterres estimates trillions of U.S. dollars per annum is needed to achieve the 2030 Sustainable Development Goals. The question is: “Where would it come from?” Official development aid, philanthropy and public finances cannot suffice, which means the needle is moving toward private capital to fund sustainable
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