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“# Microsoft uses blockchain technology to purchase soil carbon credits in Australia ” Microsoft has employed blockchain technology to purchase soil carbon credits in Australia. In combination with Regen Network — built on the Cosmos blockchain — the CarbonPlus Grassland credits were initially issued to two ranches in New South Wales. The carbon credits are…
“# Cointelegraph announces the Top 100 Notable People in Blockchain 2021 ” Let’s get one thing out of the way: You will not agree with every selection on the Cointelegraph list of the Top 100 Notable People in Blockchain. In fact, you will almost certainly disagree, vehemently, with many of the people we’ve included on…
“# Robinhood users are still limited to one GameStop share ” Troubled trading app Robinhood has been narrowing the list of restricted stocks on its platform but is still keeping major restrictions on GameStop (GME) shares. According to its website, Robinhood has lowered its list of restrictions to eight different stocks including GME, AMC, BlackBerry,…
“# Wallstreetbets and GameStop saga set for Hollywood treatment in new film ” The r/Wallstreetbets saga which saw a group of Redditors join forces to extract billions from Wall Street hedge funds is set to be turned into a movie. As reported by Deadline on Jan. 31, a newly proposed book by The Social Network…
“# Former Bank of China exec joins BitMEX operator as non-executive board director ” BitMEX’s parent company 100x Group has hired a financial veteran with a professional background including the Bank of China. According to a Feb. 1 blog post on BitMEX, 100x has appointed former Chinese banker Wai Kin Chim as its new independent…
“# Kiss rocker Gene Simmons is bullish on DOGE and XRP ” Gene Simmons, a rock and roll legend and a known fan of cryptocurrencies like Bitcoin (BTC), has reaffirmed his bullish stance on crypto by purchasing several cryptos. The Kiss frontman said on Feb. 1 that he now owns several cryptocurrencies including XRP and…
“# Bitcoin subreddit hits 2M subscribers following GameStop controversy ” One of the most well-known online Bitcoin communities passed two million subscribers in a surge of activity on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit. According to the Metrics For Reddit analytics website, the subreddit r/Bitcoin has 2,184,941 subscribers at the…
“# Hedge fund behind shorting GameStop reports 53% loss in January ” Melvin Capital started 2021 with $12.5 billion in assets before retail investors from Reddit caused the firm to lose billions on its GameStop short positions. According to a Wall Street Journal report, the hedge fund has a little more than $8 billion in…
“# Institutional demand for crypto isn’t subsiding, but impact will be gradual ” For example, just last week, when the currency was hovering around the $30,000 threshold, a whole host of pundits was warning investors to brace for impact, suggesting that the premier crypto asset was on the verge of a correction and could once…
“# Blockchain is not a panacea, but where needed, it’s the savior ” Blockchain technologies and their associated market gained tremendous momentum this past year. The colossal developments and the aggressive funding of ideas across this nascent industry have sparked some serious debate as to the veritable value of blockchain. Before implementing blockchain technology, managers,…