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Showing posts with the label global

How one high-profile crypto exchange is planning to expand globally

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With a global expansion in its sights, a crypto exchange is boasting compelling features for newcomers and professionals alike. CoinW, a crypto exchange with more than 9 million users worldwide sets its sights on global expansion — all part of a quest to encourage the mass adoption of digital assets. When it comes to crypto, newcomers and seasoned traders alike have a checklist. One thing that unites novices and pros is low fees. Unreasonably high transaction costs can substantially dent profitability, especially when smaller trades are being made. Following the high-profile collapses of FTX and Celsius, users are looking for proof-of-reserves to give them confidence that their funds are safe. Those who are experiencing the space for the first time want an extensive cryptocurrency portfolio where they can buy and sell digital assets without limitations. In previous bull markets, the likes of Dogecoin (DOGE) and Shiba Inu (SHIB) have played an instrumental role in enticing people to ge...

Bitcoin mining can help reduce up to 8% of global emissions: Report

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The report highlighted that Bitcoin mining can convert wasted methane emissions into less harmful emissions. A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential to be a catalyst for a global energy transition.  IRM Energy and Renewables Group members Dylan Campbell and Alexander Larsen published a report titled “Bitcoin and the Energy Transition: From Risk to Opportunity.” The paper argued that while BTC was perceived as a risk because of its energy consumption, it can also catalyze energy transition and lead to new solutions for energy challenges worldwide. Within the report, the authors also highlighted the important function of energy and the increasing need for reliable, clean and more affordable energy sources. Despite the criticisms of Bitcoin’s energy intensity, the study provided a more balanced view of Bitcoin by showing the potential benefits BTC can bring to the energy industry. Amount of vented methane that can be use...