For the Tesla and SpaceX CEO, Bitcoin is too slow, expensive and power-hungry to thrive. He thinks a five-year-old Bitcoin payments protocol is the way forward.
For all the benefits that cryptocurrency offers the general public, there are a number of pitfalls and criticisms that it receives. One of these is the issue of energy consumption. The process of mining cryptocurrencies and running blockchains are notoriously energy-intensive processes and assets like bitcoin are known to use as much energy as entire […]
Federal Reserve Chair Jerome Powell said the central bank will publish a discussion paper on its potential central bank digital currency (CBDC) in the summer.
WASHINGTON — The European Space Agency has issued contracts to two European industry groups to begin concept studies of lunar satellite systems that...