Crypto

Cryptocurrency sceptics look to bend the ear of regulators
Cryptocurrency sceptics look to bend the ear of regulators
Business and Economy
by  AFP

Cryptocurrency critics, including economists and researchers, will gather in London and online this week to get their message across to regulators about the booming but volatile sector. About 1,000 people have signed up to watch the conference online and UK officials are expected to attend a live event in London on Tuesday.

Ethereum crypto overhaul targets environmental impact
Ethereum crypto overhaul targets environmental impact
Business and Economy
by  AFP

The world's second biggest cryptocurrency after bitcoin, ethereum, will soon overhaul its blockchain technology to curb the network's much-criticised environmental impact. "The ethereum blockchain is the base layer infrastructure of the majority of the whole crypto ecosystem," summarised Lennart Ante, CEO and co-founder of the Blockchain Research Lab.

Art market pushes on with rocky crypto romance
Art market pushes on with rocky crypto romance
World
by  AFP

The closest most people get to owning a world-famous artwork is to buy a cheap poster from a gallery, but art dealers are determined to harness technology to draw in new collectors. Collectors and artists are among the most eager experimenters with the technology, even if it means owning only a slice of a digital copy of a painting.

Hit by China shutdown, Tesla boosts auto prices and sells bitcoin
Hit by China shutdown, Tesla boosts auto prices and sells bitcoin
Business and Economy
by  AFP

Tesla reported solid quarterly earnings Wednesday despite a hit from Covid-19 lockdowns in Shanghai that Chief Executive Elon Musk said prompted the company to liquidate most of its bitcoin holdings. - Bitcoin sale - During the quarter, Tesla liquidated about 75 percent of its holdings in bitcoin, the value of which has declined sharply in 2022.

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