$425bn Wiped Off Crypto Market As Musk Says Bitcoin Is Bad For The Environment
Elon Musk has released a statement saying Tesla will no longer accept Bitcoin as payment for its electric vehicles. The firm said the decision was based on the increasing use of coal in Bitcoin mining. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the […]
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Calgary-based Accelerate Financial Technologies prepares to launch a Carbon-Negative Bitcoin ETF (TSX: ABTC). It plans to match each investment by planting trees to counteract the adverse environmental impact of crypto mining. “Accelerate intends to sequester over 100% of the estimated carbon dioxide emissions attributable to bitcoin transactions that ABTC is indirectly exposed to by funding decarbonization initiatives including its global tree-planting program” the company states on its website. Related Reading | $425bn Wiped Off Crypto Market As Musk Says Bitcoin Is Bad....
The crypto market has seen more than $50 billion wiped off its total market cap in the space of 24 hours. It comes hot on the heels of the market decline triggered by Binance’s massive planned FTT dump. Bitcoin, as well as other digital assets in the space, have all seen significant declines during this […]
The year 2021 has been a year of endless new cryptocurrencies coming into play for the online financial market. The latest one? $MUSK. It has gained traction in the crypto community recently. Why are the community interested in $MUSK? Firstly, it should be asked why the name $MUSK. $MUSK is developed on BSC, MUSK and […]
The decentralized group Anonymous has published a message for Elon Musk in a video where they called the Tesla CEO “nothing more than another narcissistic rich dude who is desperate for attention.” They shed light on many things people may not know about Musk, including how he treats his employees, harms the environment, where his fortune came from, how Tesla actually makes money, and his attempt to centralize and control bitcoin mining. Anonymous, a decentralized international activist and hacktivism movement, posted a video Friday directed at Tesla CEO Elon Musk. It is....
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has made an argument that accepting cryptocurrencies, including bitcoin, will actually help the environment. He told Elon Musk, whose electric car company Tesla has suspended accepting bitcoin, citing environmental problems. Mark Cuban vs Elon Musk Billionaire entrepreneur and investor Mark Cuban has a message for Elon Musk after the Tesla CEO announced that his electric car company has suspended accepting bitcoin for payments. Cuban tweeted Wednesday: We at Mavs.com will continue to accept BTC/ETH/DOGE because we....