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How the laws & regulations affecting blockchain technology and cryptocurrencies, like Bitcoin, can impact its adoption
Business Insider Intelligence offers even more insights like this with our brand new Banking coverage.Subscribe today to receive industry-changing banking news and analysis to your inbox. Cryptocurrencies and blockchain have been around for a long time, but within the past decade they’ve propelled into mainstream acceptance and adoption — as not only alternative forms of…
Facebook is shifting its Libra cryptocurrency plans after intense regulatory pressure
Facebook is altering its plans for its Libra cryptocurrency project following months of severe regulatory pressure and political pushback, according to a new report from The Information published on Tuesday . According to the report, Facebook no longer intends to make the Libra token — the actual blockchain-based cryptocurrency it’s in the process of developing…
Bitcoin using more electricity per transaction than a British household in two months
Just one Bitcoin transaction uses the same amount of electricity as a British household for nearly two months, new figures have shown. The amount of energy needed to run the cryptocurrency has soared to record annual highs of 77.78 terawatt hours the same as the entire electrical consumption of Chile. The carbon footprint of a…
Is Now The Time To Put Pentamaster International (HKG:1665) On Your Watchlist?
It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks with a good story, even if those businesses lose money.But as Warren Buffett has mused, ‘If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re…
Buying Ripple with a Credit Card
There are few options as attractive as investing in cryptocurrencies.A lot of people make a decent some of their income by investing in high profile crypto currencies.Some also use these currencies as alternative methods to payments.Ripple happens to be a crypto currency that has been on the rise for the past few years.A lot of…
Torque
Trading With Intelligence, Fighting on Speed About Torque Trading Systems has been created with the sole purpose of providing everyone an alternative to self-managed cryptocurrency portfolios. Torque is currently operating in 5 countries across Asia, driven by a team of traders with each of them having more than 10 years of trading experience in traditional…
Space is our new economic frontier. The US can’t afford to lose out (opinion)
Suzanne P.Clark is president of the US Chamber of Commerce.The opinions expressed in this commentary are her own. President Trump’s budget, which was released last month, outlines several moonshots that are unlikely to pass a divided Congress.But there’s one in particular that both Republicans and Democrats should support wholeheartedly: the $25.2 billion request to fund…
Space is our new economic frontier. The US can’t afford to lose out
Suzanne P.Clark is president of the US Chamber of Commerce.The opinions expressed in this commentary are her own. President Trump’s budget, which was released last month, outlines several moonshots that are unlikely to pass a divided Congress.But there’s one in particular that both Republicans and Democrats should support wholeheartedly: the $25.2 billion request to fund…
Why the oil majors are here to stay
There is now evidence that the unpopular oil majors are oversold.That spells opportunity for canny investors, writes Victor Hill. The conventional wisdom is that the oil majors are doomed since, thanks to the “climate crisis”, mankind is transitioning to renewable energy.Green energy, they say, represents an existential threat to the oil industry.Oil is the mega…