Musk is right saying that Bitcoin mining is dangerous for our planet. Over the past two years, the rise of Bitcoin has caused CO2 emissions to increase by over 40 million tons, which is equivalent to 8.9 million cars added to the road.
The proceeds obtained from the auction will be donated to Blue Origin’s education-focused nonprofit Club for the Future.
Apart from the two bills focused on Amazon and Apple, the other three include the Platform Competition and Opportunity Act, Augmenting Compatibility and Competition by Enabling Service Switching (ACCESS) Act and Merger Filing Fee Modernization Act.
Mythical Games believes that the future of the gaming industry is in the development of NFTs. Therefore, it is launching an NFT platform to further drive mass adoption of ownership in games as well as enhance the growth of its first game, Blankos Block Party.
Anticipated to be one of the biggest tech IPOs of 2021, Didi IPO could fetch the company a $100 billion valuation while raising $10 billion.
Unlike conventional in-flight internet providers which have a few satellites orbiting at about 36,000 km above the earth, SpaceX has close to 1,800 satellites orbiting at only 550 km above the earth.
Powell revealed that Kraken now has eyes set on a more traditional initial public offering (IPO) describing the firm’s stance on the plan as ‘very serious’ as they look to avoid any potential issue should they go public via a direct listing.
Although meme stocks put on quite a show on Thursday, some of them have now crashed, failing to hold on to the heave price swings.
Considering Plaid’s features are unrivaled, Tesla has increased its price by $10,000 to around $130,000, higher than the preceding Model S, which went for $79,990.
The US market indices also saw a good boost as the Department of Labor released the jobless claims for the week ended June 5.
ForUsAll administers 401(k) plans for 400 clients and it is not clear how many of these have signed up for the current crypto offerings with Coinbase.
A fresh group of meme stocks ($GEO and CLNE) has superseded $CLOV, $WISH, $SPCE, $AMC, and $GME in their recent rally, gaining over 30%.
In addition, GameStop released its Q1 earnings report, showing a 25% improvement in sales with losses less than what was reported a year ago.
The president of Victory Shares and Solutions Mannik Dhillon stated that cryptocurrencies are a viable asset class and can form part of a diversified asset portfolio.
Solana will use these funds to expand its blockchain ecosystem. It plans to have its own venture capital arm besides having its dedicated trading desk.