(Bloomberg) The amount of electricity consumed on the Bitcoin network in 2021 has surpassed 67TWh, the total for last year. Fig: Daily Power Consumption (GWh) Electricity consumption on the Bitcoin…
Small cap Russell 2000 value index is up 21% this year, thanks to the growing popularity of meme stocks led by AMC and GameStop. Comparatively, the Russell 2000 growth index,…
(Twitter) One day after a successful activation of smart contracts functionality in mainnet, Cardano has now welcomed its first non-fungible tokens on the platform. Just minted three NFTs using a…
(Reuters) Beijing hit tech giants on Monday with a fresh regulatory move that requires them to stop blocking each other’s links on their platforms. China’s Ministry of Industry and Information…
(Beincrypto) El Salvador’s government is exempting foreign investors from paying taxes on bitcoin profits in a bid to attract them. The legal advisor to the president of El Salvador, Javier…
(Valneva) Specialty vaccine maker Valneva SE suffered a blow after the UK exercised a provision allowing it to terminate a supply deal for Covid-19 vaccines. The UK government cites a…
(Market Screener) Shares of China’s real estate developer Soho plunged as much as 35% on Monday in Hong Kong after a $3 billion purchase talks by Blackstone Group collapsed. Soho…
(Bloomberg) U.S. House Democrats are proposing an increase in the corporate tax rate to 26.5%, from the current 21%, against an earlier 28% rate in Biden’s proposal. The move is…
(Yahoo! Finance) A US district court Judge has granted an injunction requested by Epic Games Inc. against Apple’s App Store seeking to allow alternative payments for consumers. Federal judge Yvonne…
(Bureau of Labor Statistics) US producer prices rose by 0.7% in August to fuel further inflationary pressures amid constrained supply chains and the Covid-19 pandemic. The increase was higher than…
(Bitwise) Bitwise Asset Management is launching the world’s first major crypto index fund to provide users with exposure to exciting developments in the cryptomarket. The launch of Bitwise 10 ex…
(Office for National Statistics) The UK recorded a 0.1% jump in the gross domestic product in July from June, the smallest gain since January this year. The gain was less…