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Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services
14.5.2021
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand...
Official Remittances to Nigeria Plummet by Almost 40% in a Year When Crypto Use Surged
14.5.2021
According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important...
Cloud study
14.4.2021
This Robin Sloan fella is an interesting character. Not only have I read his one of his fiction novels, the tremendous Mr. Penumbra’s 24‑Hour Bookstore, but I also use the olive oil he makes with partner Kathryn Tomajan. …
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2% Inflation Is a Myth- 2021 Statistics Show Prices of Goods and Services Have Surged
5.4.2021
Members of the U.S. Federal Reserve and fellow bureaucrats have said that they are not worried about inflation levels and some officials have even encouraged a general increase in prices for goods and services. Despite the alleged statistics that say U.S. inflation is only 2% to 2.24%, reports show...
Mike Rowe’s New Discovery+ Show Is Big Oil-Funded Propaganda
2.4.2021
Reality show host Mike Rowe’s new series Six Degrees, which is currently streaming on Discovery+ and will soon air on television, begins how I expected it would: with him on screen in a t-shirt, jeans, and baseball cap, and smiling wryly. It’s classic Rowe, posturing as an avatar for the “average”...
Norwegian Oil Billionaire Says BTC Could Be Worth Millions of Dollars Each — Puts Liquid Company Assets in Bitcoin
9.3.2021
Billionaire Kjell Inge Rokke’s company, Aker, has established a new business dedicated to bitcoin. Rokke believes that bitcoin could “become the core of a new monetary architecture” and each coin could be “worth millions of dollars.” His new company “will keep...
Worn Out: The Fashion Industry's Big Oil Problem
9.3.2021
I really like buying clothes. I spend countless hours in the middle of the night scrolling my favorite brands’ Instagram feeds, and though I try to stick to buying secondhand, I also definitely set myself alarms to remember sample sales. Embarrassing, I know.Read more
Gazprom Neft uses blockchain tech to streamline aircraft refueling
1.3.2021
Gazprom Neft’s aviation refueling subsidiary has piloted a blockchain-based refueling payment project to automate and accelerate transactions
Different kind of gas fees — Electrocoin enables crypto petrol payments in Croatia
4.2.2021
One Tifon exec thinks foreign tourists will likely contribute to the development and growth of crypto payments in the country
Blockchain Platform to Set up a Tokenization Solution for Argentinean Farmers as Peso Keeps Plummeting
28.1.2021
With Argentineans facing rising inflation to near 40%, solutions appear to contain the impact on national farmers. A business blockchain platform is partnering with a peer-to-peer (P2P) marketplace to launch a program to tokenize Argentina’s agriculture. More Than 40% of the World’s...
Injective & AllianceBlock Partner for Oil & Gas Futures
27.1.2021
The oil and gas market trading constitutes a very lucrative industry running into trillion-dollar of business. However, it has been out of the reach for the ecosystem involving decentralized finance (DeFi). Thanks to the partnership between AllianceBlock and Injective Partners, this whole scenario...
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
10.1.2021
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas...
Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy
30.12.2020
A unit of oil and gas giant Gazprom has opened a mining venue on an oil drilling site using gas produced as a byproduct to produce electricity
Reversible Ethereum Transactions, Digital Oil Token + More News
12.11.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Kirobo, the Tel Aviv-based startup that created an 'undo button' for previously irreversible Bitcoin (BTC) transactions...
Brent Crude Oil Futures Now Tradable on DeFi Exchange Synthetix
12.11.2020
One of two global oil benchmarks, Brent Crude Futures are now available through DeFi exchange Synthetix
Currency Depreciation to Blame for 7.2% Drop in Global Remittances: World Bank Supports Digital Remittances
10.11.2020
According to a new report, the depreciation of some currencies against the U.S. dollar is contributing to the declining international remittances. After touching an all-time high of $548 billion in 2019, the World Bank report now projects remittances to drop 7.2% in 2020 to $508 billion and...
HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore
3.11.2020
HSBC Bangladesh has completed the country’s first blockchain-powered cross-border trade settled using a letter of credit
Maduro claims crypto will play role in fighting sanctions against Venezuela
30.9.2020
Crypto garnered another mention in one of Maduro's bombastic speeches
Fed, oil and record hash rate: 5 things to know in Bitcoin this week
14.9.2020
BP says world oil demand peaked in 2019 as central banks make “unconventional” policy the norm — and that’s all good for Bitcoin
Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran
14.8.2020
During the last few months, crypto proponents have focused their attention on Iran. The Iranian President Hassan Rouhani initiated a new mining strategy last May, and the government-licensed 14 bitcoin mining farms in July. According to the Chinese mining operation Lubian, it claims to operate...