New data released by Trading Platforms indicates that it costs USD25.2 million per day in electricity to process bitcoin transactions. The consumption cost is based on bitcoin’s 30-day average transaction of 328,418 as of 17 January, 2021, and the energy footprint per 1 BTC transaction confirmation of 612 kWh equivalent to USD76.74.
Banque de France (BDF) has successfully completed a Central Bank Digital Currency (CBDC) transaction, using the SETL blockchain that powers the IZNES fund platform.
Genesis, a specialists in digital currency prime brokerage services, has appointed Dr Derar Islim to the newly-created position of Chief Operating Officer (COO).
Amber Group, a crypto finance service provider, has recently surpassed USD530 million in assets under management (AUM), a 275 per cent increase from USD142 million AUM reported in 2019.
Moonstake has entered into a strategic partnership with Singapore-based RockX to support the Polkadot ecosystem.
As warnings intensify about the need for regulation of digital assets across the UK and Europe, Gibraltar is adding to its already regulated digital ledger technology (DLT) framework with the development of a ‘10th Core Principle’, specifically for digital asset exchanges.
Huobi Global has partnered with BCB Group, Europe’s leading crypto-dedicated payment services provider, to provide clients with European fiat on/off ramps and the ability to send fiat to crypto counterparties via BLINC in real time, 24/7, 365 days a year.
Fireblocks has integrated with Blockdaemon and Staked to add new staking services for over 165 enterprise and institutional customers.
Blockchain platform Telos has announced a new technical roadmap for 2021 highlighted by five key development initiatives designed to make the platform even stronger and more developer-empowering, while also growing its governance features and general-user appeal across the board.
Moonstake is now supporting staking of QURAS's cryptocurrency XQC in its Web and Mobile Wallets following the announcement of a strategic partnership between the two firms in April of last year.