China’s vast bitcoin mining empire risks derailing its climate targets, says study | Bitcoin | The Guardian

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Bitcoin China’s vast bitcoin mining empire risks derailing its climate targets, says study China powers nearly 80% of the global cryptocurrencies trade, but the energy required could jeopardise its pledge to peak carbon emissions by 2030 China’s bitcoin mines will generate 130.5m metric tons of carbon emissions by 2024, the Nature study found.Photograph: Liu Xingzhe/Chinafile/EPA…

Could Bitcoin Help Bring Banking to the Underserved?

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Could Bitcoin Help Bring Banking to the Underserved? Contributor Published Apr 6, 2021 6:47AM EDT Bitcoin (CRYPTO: BTC) has potential applications as a method of payment as well as a store of value.Both of these could help it serve portions of the world population that aren’t currently well served by the banking system.In this Fool…

Tharman warns home buyers about rising interest rates

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SINGAPORE (BLOOMBERG) – Singapore’s Government is warning home buyers to think carefully about buying properties as interest rates increase in tandem with those in the US, potentially boosting debt servicing costs.It also warned the public about the risks of trading cryptocurrencies like bitcoin. “The risk of rising interest rates is a reminder that everyone should…

Nearly 500 People Became Billionaires During The Pandemic Year

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A new billionaire every 17 hours: Here are the most notable newcomers on Forbes’ 2021 World’s Billionaires list.C ovid-19 hasn’t stopped the spread of billionaires, who multiplied at an astounding rate over the past year.A record 493 people joined Forbes ’ World’s Billionaires list this year—meaning the world on average gained a new billionaire every…

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