While Warren Buffett, the esteemed CEO of Berkshire Hathaway
BRK.B
, and Bill Gates, the founder of Microsoft
MSFT
, have both been vocal critics of cryptocurrency as an investment option, they have chosen to invest in farmland instead.
Both billionaires have shown an affinity for farmland investments, with Buffett purchasing his first farm in Nebraska for about $10,000 before high school and Gates owning over 269,000 tillable acres. I...
Bitcoin
BTC
is a decentralized open protocol for peer-to-peer electronic cash transactions and this does not limit who can use it nor where it is used. In addition, the protocol does not limit the purposes of its use. As a result of this feature, it has been largely criticized due to the potential of bad players using it to commit crimes.
The four horsemen of the infocalypse is a term that is largely attributed to Timothy May, the cypherp...
Ethereum's
ETH
core developers faced a nearly impossible task last summer, swapping the engine of the blockchain's proverbial race car without taking a pit stop. The network switched to a completely new system without disrupting the old blockchain network. As the energy around the Merge reached a crescendo that echoed through Wall Street, the obscure tech enthusiasts known as ‘core devs’ ascended to rockstar status.
But despite the mile...
Even as bitcoin holds around $30,000, and other cryptoassets seem to be trading in cautiously optimistic ranges, the real change is still on the horizon. In late June there were multiple applications filed with the Securities and Exchange Commission to launch spot bitcoin exchange traded funds; this is not the big news in and of itself. With similar applications having been filed (and rejected) previously, the real difference is which institu...
Bitcoin mining may soon be reducing more emissions than its energy sources produce according to Daniel Batten, cofounder of CH4Capital. Batten is a partner in a fund raising $400 million to fund projects mitigating vented methane from landfills by using the gas to mine bitcoin.
“Once fully deployed, we will have enough capital to take the entire Bitcoin Network carbon negative,” Batten told me in our interview, a claim that flies in the face...
Over the last few years we have seen the continued diversification of the cryptocurrency ecosystem from the rise of Ethereum to NFTs on Solana and the maturation of decentralized finance. However, as the cryptoverse has moved from Bitcoin to other blockchains and assets, so have illicit actors who seek to take advantage of the faster, cheaper movement of funds, increased liquidity and seemingly endless opportunity.
A new report by blockchain...
In today's diverse workforce, recognizing and accommodating employees' unique needs and preferences is crucial for any business. Pursuing people growth is a complex venture to get right, and without the right people, motivated and engaged, it is difficult to reach any business goal. When people accept or reject job offers, they consider salary, culture, opportunity and many other factors. One of these factors is the benefits package on offer.
...
At first glance, the civil war in Sudan, which broke out in April 2023, is a power struggle between two people: Mohamed Hamdan "Hemedti" Dagalo, leader of the paramilitary group Rapid Support Forces, and Abdel Fattah al-Burhan, leader of Sudan’s military junta. But years of economic marginalization and monetary inflation, which rose to over 350% in 2021, have fueled the conflict. As the Sudanese banking system collapsed, bitcoin offered a life...
“What I love about Bitcoin is that we can operate in a manner that not only avoids damage, but rather, is additive,” CleanSpark CEO Zach Bradford told me in our interview when discussing the impact bitcoin mining is having on grids and communities.
CleanSpark is a publicly traded bitcoin mining company that uses a mix of nuclear, hydroelectric, solar, and wind power to mine bitcoin. “Something often lost in the discussion on sustainability i...
Bitcoin has soared since news broke of BlackRock's spot bitcoin exchange-traded fund (ETF) filing last month, lifting the price of other major coins ethereum, BNB
BNB
and XRP
XRP
, and taken by many as a sign the U.S. Securities and Exchange Commission (SEC) could be softening its long-hostile attitude to such ETFs (potentially following the IMF in flipping on bitcoin and crypto).
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