Blockchain

Bitcoin mining giant Riot Blockchain posted a net loss of $36.6 million. The Colorado-based company generated a revenue of $46.3 million – down by 28% from the previously estimated $54.2 million. The rising energy costs have adversely affected many Bitcoin miners. However, Riot’s CEO believes that the company was able to leverage its long-term fixed-rate power contract to generate significant power credits and reduce its operating costs. Revenue Misses Average Estimates The...

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Intervention d’Alexandre Stachtchenko, Directeur Blockchain & Cryptos chez KPMG France, lors de la conférence Surfin’Bitcoin 2022. Alors que nous vivons la mort de l’illusion de « La Fin de l’Histoire », concept décrit par Fukuyama qui promet dans les années 1990 un avenir radieux de concorde et de paix éternelle aux démocraties libérales affranchies de l’adversaire soviétique, Alexandre Stachtchenko propose d’inscrire Bitcoin comme élément clé de ce monde...

Despite the fact that blockchain-based technology has been around for decades, it only caught up to speed with the rise of Bitcoin. The idea of a decentralized network brought forward in Bitcoin’s Whitepaper 14 years ago by Satoshi Nakamoto was a direct response to the financial crisis of 2008. It delivered a viable alternative to the centralized banking system. This technology has been growing, and it has also been redefining itself ever since, with multiple iterations and...

Bit Nile – a diversified holding firm – has announced it’s establishing a new bitcoin-based marketplace that will utilize and leverage the power and technology of blockchain. Bit Nile Aims to Simplify Blockchain The news is good because it is testament to the strength of bitcoin and the forces behind it. As we all know by now, the crypto space has been crashing and burning since the beginning of this year. Bitcoin, for example, is the world’s number one digital currency...

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Adewole Adebayo – one of the main contestants to become Nigeria’s next President – promised to use blockchain technology and cryptocurrencies to generate up to 30 million job positions for locals. The unemployment rate is among the country’s main issues, peaking at almost 10% this year. Crypto to the Rescue In a recent TV appearance, the presidential candidate of Nigeria’s Social Democratic Party (SDP) – Adewole Adebayo – vowed to solve the nation’s unemployment problems by...