Here’s to crypto going the way of Esperanto

Here’s to crypto going the way of Esperanto
Hundreds of millions of people are into crypto trading. (Image: Depositphotos)
Bloomberg
By David FicklingThe rise and fall of cryptocurrencies over the past decade has been accompanied by an extraordinary degree of waste:♦ Trillions in notional market value was created, traded, and then evaporated.♦ As much as 170 million tonnes of carbon dioxide is pumped into the atmosphere every year by crypto miners, equivalent to the carbon footprint of the Netherlands.♦ Hundreds of thousands of computer mining rigs are sitting in unopened boxes, according to Coindesk, waiting for prices to rise enough to make connecting the...

More Bloomberg

Coal firm wiping 800-year-old German village off the map
Bloomberg

Coal firm wiping 800-year-old German village off the map

Billionaire's company wants the lignite before it finally abandons the energy source.

Bloomberg 13 Jul 2024
Singapore becomes hot spot for M&A bankers hunting Asia deals
Finance

Singapore becomes hot spot for M&A bankers hunting Asia deals

The island is a magnet for parties interested in mergers and acquisitions.

Bloomberg 28 Jun 2024
Wall St backers see breakthrough moment for carbon offsets
Climate change

Wall St backers see breakthrough moment for carbon offsets

Promoters' big wins include Biden administration's blessing of the credits.

Bloomberg 22 Jun 2024
Nvidia’s rise to US$3 trillion fuels ‘Jensanity’ in the tech world
Technology

Nvidia’s rise to US$3 trillion fuels ‘Jensanity’ in the tech world

At Computex, cheering, chanting fans followed the billionaire everywhere.

Bloomberg 15 Jun 2024