South African Startup Momint Seeks to Boost Electricity Generation Using Blockchain-Based Solution – Bitcoin News

Using a solution that is based on blockchain technology, the South African startup Momint has said the recently launched Suncash initiative aims to ease the country’s power generation challenges. For about $9, investors can reportedly buy non-fungible tokens (NFTs) linked to solar cells which are then leased to institutions such as schools and hospitals. Momint Pilots Solution at One Local School A South African startup, Momint, recently said it has launched a blockchain-powered solution that can ease the African country’s energy woes by installing more rooftop solar systems at public…

Hut 8 CEO weighs in on the bull and bear markets from a mining perspective

In January 2023, during the World Economic Forum’s (WEF) annual conference in Davos, Switzerland, Jaime Leverton, CEO of Hut 8, a crypto mining entity that trades as a public company, sat down with me for a fireside chat at the Crypto Summit on the Promenade. Leverton outlined some of her views on the recent shakeout in the cryptocurrency market and reflected on how Bitcoin (BTC) mining fares during the current turbulent period for the industry. Throughout 2021 and 2022, the crypto industry experienced significant growth, followed by bear market struggles,…

Russian Search Engine Yandex Adds Cryptos to Its Currency Converter

For now, the value of cryptos can be displayed in Russian rubles, US dollars, euros, and other fiat currencies. In the future, Yandex is planning to add more pairs. Yandex, a Russian tech giant the Yandex search engine, has announced adding cryptos to its currency converter. Now, in addition to the data about the various national currencies, users can also see information on as many as 143 of the most popular cryptos, including Bitcoin (BTC), Ethereum (ETH), Binance USD (BUSD), and more. Cryptos on Yandex Currency Converter Once you enter a search query that…

Brit who consulted North Korea on crypto reportedly detained in Moscow

The local bureau of Interpol detained a British national charged by the United States Department of Justice (DoJ) in Moscow. He’s being alleged of conspiring to violate U.S. sanctions on North Korea.  As reported by the local media on Feb. 21, Christopher Emms has been arrested in Moscow upon the “red notice” from Interpol. A 31-year-old British citizen was detained in the hostel where he was staying. In April 2022, alongside the Spanish national Alejandro Cao De Benos, Emms was alleged of providing instructions on how the DPRK could use…