As Bitcoin Companies Make The Industry Green, Investors Will See The Light
As companies like Ninepoint and Greenridge have demonstrated, Bitcoin is going green. And this will attract more institutional investors.Ninepoint Partners, a Toronto-based investment firm managing $8 billion in assets, and Greenidge Generation, a New York-based power provider and bitcoin mining company, have each announced that they will be using carbon offsets to compensate for any carbon emissions resulting from their operations, signaling the growth of a significant new trend for the industry.Carbon offsets allow companies like Ninepoint and Greenidge to pay for a reduction in carbon....
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Brazil might just become the first country to launch a spot XRP ETF also known as exchange-traded fund, after Hashdex received the green light from the nation’s securities regulator. The Hashdex Nasdaq XRP Index Fund has entered its pre-operational phase, as confirmed by Brazil’s Securities and Exchange Commission (CVM). Related Reading: XRP In Demand: Whales […]
In the light of CEO Alex Green's recent announcement that Moopay LTD will be filing bankruptcy, the creator of Dogecoin, Jackson Palmer, released a statement regarding the aftermath. "It's sad to see anything like this which hurts the awesome folks in this community - hopefully store owners will find another solution (fairly sure Shopify now supports crypto through gateways) to accept DOGE and the migration isn't too painful." "That being said, I find it hard to feel sympathy for the business - if you're running a bootstrapped startup, you don't go around throwing tens (or maybe hundreds....
First Light Games has successfully completed a $5 million private token sale round led by Animoca Brands and Mechanism Capital to develop its play-to-earn mobile-based game, Blast Royale. In an announcement today, London-based game development firm, First Light Games successfully closed a $5 million private token sale in an effort to boost the development and adoption of its blockchain-based mobile game, Blast Royale. The private token sale was led by top investors in the space including Mechanism Capital and Animoca Brands, a blockchain firm that has already invested in over 150....
The SEC is currently investigating "Alex Green" and Moopay LTD along with seven other cryptocurrency companies. The confirmation of government action comes by way of CoinFire, a reputable news site that was first tipped off to SEC and DOJ involvement last week, before the public implosion of MintPal, Moopay, and Moolah. The veracity of the ongoing investigations has since been confirmed with both government agencies and sources within said agencies; however, the names of the seven other cryptocurrency companies currently under investigation are staying unpublished so as not to hinder....
Bitcoin ETFs had been seeing a lot of interest since they were first given the green light by the Securities and Exchanges Commission (SEC) last year, and while some of them have waned, they still remain a good option for institutional investors wanting to bet on the digital asset but not hold any of it […]