Idle Energy May Generate Revenue for Brazil with Bitcoin Mining

With increasingly accelerated global warming, companies, governments and society need to rethink solutions for the use of energy matrices. Arthur Inc. and Genial Investimentos published a study on energy monetization, reuse of surpluses and driving demand for renewable matrices to mine Bitcoin and other cryptocurrencies. How Much Bitcoin Mining Can Be Obtained from Idle Energy […]

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XRP Price Rises to $0.53 Amid Legal Battle and Broader Market Rally

XRP has recently drawn attention due to the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC). As overall market conditions turned significantly bullish today, XRP broke out of the descending channel pattern, with Bitcoin surpassing $50,000. Altcoins including XRP are following the trend. Crypto lawyer James Murphy predicts that […]

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Launch of the First Carbon Credit Based on NEAR Protocol in Colombia

Open Forest Protocol (OFP), based on NEAR Protocol, announced its first carbon credit verified with blockchain technology. Open Forest Protocol works as an “on-chain carbon” game of real-world assets (RWA), and its first project “Celsia” is in Colombia. OFP detailed that all credits created are automatically distributed to the project wallet after verification and issuance. […]

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Russian Central Bank Identifies Crypto Link in “Almost All” Financial Scams Detected in 2023

A report highlights a growing trend of illegal financial market participants using cryptocurrencies. The Bank of Russia, in its latest report, revealed a worrying increase in financial scams with cryptocurrency-related elements in 2023. The number of entities involved in illegal activities, including financial pyramids, reportedly increased by 15.5% as compared to the previous year, reaching […]

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Philippines Will Launch a CBDC as “Answer to Cryptocurrencies”

The Philippine central bank plans to launch a digital currency within two years, offering a safer alternative to cryptocurrencies. The CBDC would use the Peso Real-Time Gross Settlement System, governed by the National Payment Systems Law, instead of blockchain. The bank’s Governor, Eli Remolona Jr, claims that the CBDC is an answer to private cryptocurrencies, […]

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