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Blockchain

Kevin Abosch takes NFTs to the stars

Kevin Abosch takes NFTs to the stars

[ad_1] The phrase “NFTs are going to the stars” gets a new meaning today as Irish conceptual artist (and one of Cointelegraph’s Top 100 in Blockchain 2020) Kevin Abosch has announced the planned launch of a orbital satellite dubbed “1111 KOSMOS.”  The announcement comes shortly after the conclusion of a related NFT drop, Abosch’s 1111 […]

Bitcoin’s carbon footprint hard to estimate

Bitcoin’s carbon footprint hard to estimate

[ad_1] The debate around the environmental impact of the Bitcoin mining ecosystem is heating up once again as academics have provided a fresh dose of perspective on the subject. In an opinion piece written by Noah Smith, a former assistant finance professor turned columnist, took aim at the Bitcoin (BTC) mining industry in March, suggesting […]

Deep diving with Ethereum whales

Deep diving with Ethereum whales

[ad_1] Covalent’s latest findings in Cointelegraph Consulting’s biweekly newsletter investigates the anatomy of Ether (ETH) whales. The data indicates that the top 10 ETH-only whales consistently hold roughly 5 million ETH, with the largest whale accumulating more than 25% of the capital. The wallet address of the largest Ethereum whale, much like the other seven […]

Citi and IADB complete cross-border payment pilot with blockchain tech

Citi and IADB complete cross-border payment pilot with blockchain tech

[ad_1] Banking giant Citigroup has successfully completed a proof-of-concept for blockchain-based cross-border payments in collaboration with the Inter-American Development Bank, or IADB. According to a Thursday announcement, Citigroup’s Citi Innovation Labs and the IADB enabled several disbursements from the United States to a recipient in the Dominican Republic, using the LACChain blockchain network — a […]

Indian IT giant Tech Mahindra to launch stablecoin tool for banks

Indian IT giant Tech Mahindra to launch stablecoin tool for banks

[ad_1] Indian multinational technology firm Tech Mahindra is developing a new stablecoin service targeting banks and financial institutions. The tech giant announced Monday that it has entered into an agreement with Dutch blockchain application incubator Quantoz to launch a “stablecoin-as-a-service” tool to reduce transaction costs and processing times. The new collaboration targets potential clients from […]