E.ON chief exec: energy companies need to step up to the net zero challenge and take responsibility August 2, 2021 Unless the UK takes a large number of brave and radical measures in this decade, our ambition of achieving carbon neutrality by 2050 will just be a pipe dream. It will also mean Britain will miss out on the business and social benefits of a green economy, which would otherwise lay the foundations of prosperity [...]
Fabric Ventures announces $130m million fund to invest in digital assets and decentralisation July 29, 2021 Fabric Ventures, a venture manager that backs ‘open economy’ founders across the globe, today announced Europe’s biggest fund of its type, valued at $130 million, which includes $30 million from the European Investment Fund (EIF).
What needs to happen with cryptocurrencies for regulators to more readily accept this industry? July 28, 2021 CEX.io executive director Konstantin Anissimov looks at cryptocurrency regulation, and how it will affect the future.
Big Tech earnings: What to expect this week as tech titans report July 27, 2021 Wall Street is gearing up for a slew of Big Tech earnings this week with Apple, Amazon, Facebook, Google and Microsoft all set to deliver figures for their latest quarter. Twitter and Snap kicked off proceedings by smashing expectations last week, raising hopes that a post-pandemic advertising rebound will boost other platforms. Tesla also shrugged [...]
Elon Musk’s Twitter antics pushes Tesla’s $23m loss in Bitcoin assets July 27, 2021 Tesla’s lofty revenue, which surpassed analyst expectations today, has been offset by a $23m loss over Bitcoin which pushed the electric carmaker to dial back its investments. Elon Musk’s carmaker did not buy or sell any digital assets in its second quarter, as it dialled back investments after purchasing some $1.5bn in Bitcoin in the [...]
Tesla shifts gear with $11.9bn revenue despite Bitcoin investment losses July 27, 2021 Elon Musk’s electric carmaker Tesla has edged past analyst forecasts with an $11.9bn revenue in its second-quarter trading, up 98 per cent year on year. Tesla also pulled in $1.1bn in net profits in the 12 weeks to 26 July, the first time it has topped $1bn in a single quarter. While the revenues are [...]
Will Tesla change direction on Bitcoin again? July 26, 2021 City AM columnist Gavin S Brown looks west as all eyes are focused on Tesla to see if it gives Bitcoin the green light again.
Amazon plans to accept Bitcoin payments while institutional investors show interest July 26, 2021 CryptoCompare data shows the price of Bitcoin (BTC) started the week at $31,000 and quickly fell below its support at $30,000 before recovering and slowly climbing upward over the last few days.
Bitcoin surges as Amazon dips its crypto toe and Elon Musk mulls return July 26, 2021 When a simple job ad appears to spark resurgence in the value of Bitcoin, it shows how the crypto world is salivating for every nugget of news about the future use case for digital currencies. Although Amazon has scores of openings for blockchain specialists, it was the listing for a digital currency and blockchain product lead that has [...]
Moon-day madness as Jeff Bezos rumoured to be looking at Bitcoin payments for Amazon July 26, 2021 Yesterday marked Bitcoin's sixth consecutive day in the green, during which time it increased more than 20 per cent in value