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Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy


A new study suggests bitcoin mining could actually help drive the transition to renewable energy sources. Researchers Juan Ignacio Ibañez and Alexander Freier make the case that Bitcoin miners’ demand for cheap electricity provides incentives for increased renewable energy production....

Nigerian Social Payments Platform Bundle Ceases Crypto Exchange Operations


The Nigerian social payments platform Bundle said on July 20 it was shutting down its crypto exchange services business and will now focus on its peer-to-peer platform known as Cashlink. Bundle said users must withdraw or convert their digital assets to the stablecoin tether on or before Aug....

Web3 Transition simplified with Aurora Pass


Aurora Labs, a leading player in the blockchain industry, is thrilled to introduce its groundbreaking product, Aurora Pass—a revolutionary mobile crypto wallet designed to provide an effortless path for businesses to embrace the Web3 world without compromising on effectiveness and simplicity....

Celo, backed by A16z, proposes a transition to Ethereum Layer 2


cLabs, the core developer of the Celo blockchain, has unveiled a bold plan to transform its Layer 1 network into a Layer 2 solution built on Ethereum. This strategic move aims to enhance security guarantees and improve the overall functionality of the platform. The proposal, shared on...

Energy Web expands to Polkadot, Fueling the global energy transition


Energy Web, composed of companies utilizing decentralized open-source technologies to expedite the energy transition, is expanding its reach to Polkadot. This blockchain network is at the forefront of driving a better web, and Energy Web’s move will allow them to establish the framework...

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