Search Results for: Digico

March 11, 2024 @ 8:30 pm By Michael Wong  |  

Philippine-listed network provider PLDT Inc. has announced the launch of Digico, a new digital venture created to harness the extensive data assets of the MVP Group of Companies. This initiative marks a significant move towards accelerating digital transformation and opening up new growth and value… Read More

October 26, 2021 @ 2:29 pm By Tony Zerucha  |  

Crypto wallet and payments platform Zumo this week released the report Decarbonizing Crypto: A state of play. It is a cross-sector effort to explore the carbon footprint of cryptocurrencies and the task of decarbonization. The report also explores the complexities of decarbonization and how the… Read More

February 23, 2021 @ 8:10 am By Omar Faridi  |  

US Treasury Secretary Janet Yellen stated on Monday (February 22, 2021) that Bitcoin is an “extremely inefficient” way to settle financial transactions. Yellen commented on how the digital currency’s price fell sharply (as usual) during morning trading hours, but then stayed above the $53,000 mark… Read More

January 27, 2021 @ 8:19 pm By Omar Faridi  |  

Institutional investors have been gaining more exposure to alternative assets such as Bitcoin — particularly large hedge funds. These clients are now willing to aggressively promote or defend Bitcoin’s (BTC) unpredictable and wild price fluctuations. Large publicly listed firms such as MicroStrategy believe or claim… Read More

January 11, 2020 @ 7:38 am By Cali Haan  |  

Canadian cryptocurrency mining management company DMG Blockchain Solutions (TSX-V: DMGI) (OTC:DMGGF) (FRANKFURT:6AX) says it has been, “engaged to host 1,000 new miners for a new client based in the US.” The company has also stopped servicing 15 000 machines at Bitmain’s cryptomining facility in Rockdale,… Read More

January 1, 2020 @ 10:59 pm By Cali Haan  |  

Paraguay’s Secretary for Preventing Money and Property Laundering (SEPRELAD) has ordered all Virtual Asset Service Providers (VASPs) in the country to submit to a “mass audit” of the sector and, “to open their books to the government for the first time,” Born 2 Invest (B2I) reports. The… Read More

October 28, 2019 @ 1:04 pm By Cali Haan  |  

InfiniGold, a company “digitizing” gold reserves at the Perth Mint, has responded to Crowdfund Insider’s questions forwarded earlier this month regarding the companies’ plans to issue a Perth Mint Gold Token (PMGT) on the Ethereum blockchain. Andreas Ruf, CEO at Infinigold, began by describing both… Read More

October 17, 2019 @ 8:32 pm By Cali Haan  |  

Telegram, makers of the popular mobile messaging app Telegram, have sent an email to GRAM token investors asking for a six-month extension on the launch of TON, a blockchain network financed by the company’s $1.7 billion USD 2018 token sale. The request for an extension… Read More

August 1, 2019 @ 11:20 pm By Cali Haan  |  

After its application to IPO in lapsed regulators’ hands last November in Hong Kong, Canaan, the world’s second-largest manufacturer of cryptomining hardware, has filed a confidential S-1 to pursue a US US initial public offering (IPO), according to Chinese media outlet Weixin reports. Canaan sells… Read More

July 9, 2019 @ 1:02 am By Cali Haan  |  

Bitcoin proponents are fond of claiming that Bitcoin is THE alternative financial system humanity needs to combat the tyranny and incompetence of central banks, and they will trot out all kinds of dire scenarios and statistics to prove this. The Bitcoin proponents I’ve met have also… Read More

May 16, 2019 @ 4:01 pm By Cali Haan  |  

Officials in the city of Sherbrooke, Quebec, think cryptocurrency mining could boost economies in small Quebec cities, The Vancouver Sun reports. Christian Laprise, director of Sherbrooke’s municipal power utility, for example, has been working with companies like Bitfarms to make sure their power-thirsty facilities don’t… Read More

March 17, 2019 @ 2:25 pm By Cali Haan  |  

Alex de Vries, Digiconomist.net founder and a blockchain specialist at PwC’s Experience Centre since 2015, has produced an important report on the Bitcoin network’s extreme energy consumption and waste production, which far exceed that generated by regular banking. De Vries conclusion that Bitcoin should “follow… Read More

November 22, 2018 @ 5:45 pm By Cali Haan  |  

Until now, “data centres” mining cryptocurrencies in Norway have qualified for the same reduced electricity rates enjoyed by other power-intensive industries- 0.48 øre per kilowatt, rather than 16.58 øre- but that is about to change, Aftenposten reports. The sector has reportedly raised the ire of the local Directorate… Read More