Tesla - Page 32 of 40

EU Market Watchdog Speaks Against Renewable Energy Mining for PoW

The Vice-Chair of the European Securities and Markets Authority (ESMA), Erik Thedéen, has taken an unpopular stance against the use of renewable energy for all Proof-of-Work (PoW) mining operations. In an interview with the Financial Times, Thedéen said the use of renewable energy can derail member nations from focusing on the climate change goals set … Continue reading EU Market Watchdog Speaks Against Renewable Energy Mining for PoW

Observers Suggest Bitcoin Price Might Touch Bottom, Despite Crypto Market Crash

Cryptocurrencies ushered in a week of plummeting; Bitcoin was plunging to around $34,000 on January 21, while Ethereum also touched a low of 2,300 on the same day. About $1.5 trillion has evaporated in total cryptocurrency market prices since November. Backed by Tesla’s Elon Musk, Dogecoin is back in the top 10 of cryptocurrencies, as … Continue reading Observers Suggest Bitcoin Price Might Touch Bottom, Despite Crypto Market Crash

Musk Asks McDonald's to Take Dogecoin as Payment

Elon Musk tweeted, saying that he will eat a happy meal on television if McDonald’s accepts Dogecoin. “I will eat a happy meal on tv if @McDonalds accepts Dogecoin,” Musk, chief executive of Tesla Inc, said in a tweet. He is also a big supporter of Dogecoin said earlier this month that Tesla would accept the cryptocurrency … Continue reading Musk Asks McDonald's to Take Dogecoin as Payment

Valkyrie Files Application to List Bitcoin ETF Focusing on Mining Firms

American asset and index fund manager Valkyrie has filed an application with the United States Securities and Exchange Commission (SEC) to list a Bitcoin Exchange Traded Fund (ETF) product that will track the shares of companies directly invested in Bitcoin mining. Per the company’s filing, the fund is named Valkyrie Bitcoin Miners ETF, and it … Continue reading Valkyrie Files Application to List Bitcoin ETF Focusing on Mining Firms

MicroStrategy CFO Recommits the Firm to Maintain Bitcoin Accumulation Strategy

Phong Le, the Chief Financial Officer of MicroStrategy Incorporated, said the company will not relent in its bullish acquisition of Bitcoin (BTC) as its Treasury Reserve Asset (TRA). The company, primarily a business intelligence, software, and cloud services provider, adopted Bitcoin as its preferred asset to diversify its excess cash flow, making its first investment … Continue reading MicroStrategy CFO Recommits the Firm to Maintain Bitcoin Accumulation Strategy

El Salvador’s Nayib Bukele Foresees "Gigantic Price Increase" in Bitcoin

The self-proclaimed Chief Executive Officer (CEO) of El Salvador, President Nayib Bukele has showcased his level of trust in the price of Bitcoin (BTC) soaring to new levels through a new tweet shared on Monday. Nayib Bukele, who has stirred El Salvador to not just adopt Bitcoin as a legal tender, but has also acquired … Continue reading El Salvador’s Nayib Bukele Foresees "Gigantic Price Increase" in Bitcoin

Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses

The Wharton School, a premier business school at the University of Pennsylvania in the United States, officially accepts cryptocurrency as a payment method for blockchain courses through Coinbase exchange. The Ivy League business school has stated that its newest online executive education program, “The Economics of Blockchain and Digital assets” course, started on January 2022, … Continue reading Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses

Alfa Romeo Unveils Tonale SUV with NFT Tracking Capabilities

Stellantis-backed Italian automobile brand, Alfa Romeo is launching a new Sports Utility Vehicle in 2023, the Tonale and it will incorporate Non-Fungible Tokens (NFTs) and blockchain technology in its data capturing procedures. As reported by CNBC, the captured NFT data from the Tonale SUV will record and store data all through the vehicle’s life cycle. Amongst the … Continue reading Alfa Romeo Unveils Tonale SUV with NFT Tracking Capabilities

Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates

Billy Markus, the iconic founder of the Dogecoin (DOGE) meme coin, has lashed out on his Twitter handle as he called out a new generation of developers looking to get rich quick through meme coin creations. The origin of the lashing out was centred on the attempts by unknown followers flooding his page with adverts of memecoins … Continue reading Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates

South Korean Billionaire Businessman Kim Jung-ju Passes away, Aged 54

News has emerged that Kim Jung-ju, a prominent South Korean businessman, investor, philanthropist, and founder of Korea’s largest gaming company, Nexon, died on Monday at the age of 54, according to the Korean Herald. Reports, citing Nexon’s holding company NXC, disclosed on Tuesday evening that Jung-ju died in Hawaii, U.S., on February 28. He had … Continue reading South Korean Billionaire Businessman Kim Jung-ju Passes away, Aged 54