Tag: Report

ExxonMobil Running Pilot Project to Supply Flared Gas for Bitcoin Mining: Report

The oil major is also looking to supply flared gas for bitcoin miners at other sites around the globe, according to the report. ExxonMobil has a deal with Crusoe Energy Systems, one of the pioneers of using wasted gas to power bitcoin mining operations, to take gas from an oil well pad in the Bakken shale basin to power mobile generators that are used for bitcoin mining operations, Bloomberg said, citing the unnamed source. Source

Almost half of Germans to invest in crypto: Report

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The richest country in Europe is coming round to crypto. That’s according to a report by KuCoin which shared some flattering statistics towards the future of crypto in Deutschland.  Notably, 44% of Germans are “motivated to invest in cryptocurrencies to be a part of ‘the future of finance’”; while over a third, “37% of German crypto investors have been trading cryptocurrencies for over a year.” Cointelegraph had previously picked up on crypto’s impressive and productive year in Germany, but it’s crucial to check the crypto sentiment on the ground. Johnny…

El Salvador postpones Bitcoin bonds to September: Report

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The government of El Salvador has reportedly decided to postpone the issue of a Bitcoin- (BTC)-backed bond due to the unfavorable market conditions fueled by the geopolitical crisis. El Salvador’s “Volcano Bond” will not go live in March as the Salvadoran government expected previously, Finance Minister Alejandro Zelaya said in an interview with a local TV channel. Zelaya claimed that the delay was due to the volatile prices of BTC fueled by the Russia-Ukraine crisis. He added that the government of El Salvador decided to wait for favorable conditions in…

Japanese crypto exchanges aim to catch up with coin listings: Report

Japanese cryptocurrency exchanges are reportedly moving to increase competition with foreign crypto trading platforms by planning to simplify the process of listing new cryptocurrencies. The Japan Virtual and Crypto Assets Exchange Association (JVCEA), a self-regulatory body of 31 local crypto exchanges, is preparing to release a “green list” of 18 widely-accepted cryptocurrencies in late March, local news agency Nikkei reported on Tuesday. The green list aims to spare Japanese crypto exchanges from having to screen cryptocurrencies with the JVCEA each time before listing coins on their trading platforms. The digital…