Finance: TikTok yea or nay? May 13, 2021 | City Talk ICAS Lecturer, Nisha Sreedharan CA, discusses the recent trend of financial advice being given on social media channels in our latest blog post and whether people are being made aware of the risks. During lockdown many of us have used social media as a means of combating boredom, loneliness or connecting virtually with the world [...]
Bitcoin rocked by Elon Musk’s dramatic Tesla announcement May 12, 2021 Tesla boss Elon Musk has suddenly announced the electric car manufacturer will be suspending the option to buy his vehicles with Bitcoin over the cryptocurrency's "environmental concerns".
Ethereum founder Vitalik Buterin donates $1.2 billion of Doge doppelgangers to India’s Covid effort May 12, 2021 Ethereum creator Vitalik Buterin has been applauded for a charitable act that put a leash on dog meme coins and handed $1.2 billion to India’s Covid-19 relief fund.
Bitcoin can continue to dominate… but only if it solves scaling issues May 12, 2021 Dr Chris Kacher weighs up the future of Ethereum and Bitcoin, and how they can co-exist in a world of deflationary tokenomics.
Goldman Sachs director quits after making millions from Dogecoin May 12, 2021 A London-based Goldman Sachs banker has reportedly quit after making millions from investing in Dogecoin. The meme cryptocurrency has surpassed growth of any other digital currency this year, boosting its price by more than 10,000 per cent. Aziz McMahon, head of emerging market sales at the US investment bank, resigned after benefiting from the cryptocurrency’s [...]
Ethereum flips Visa, Palantir goes all in on Bitcoin, and EOS comes to the party May 12, 2021 Ethereum has come roaring back to another new all-time high of more than $4,300 this morning, and now has a market capitalisation of just below $500 billion.
Zumo launches virtual Visa debit card May 11, 2021 Zumo, the Edinburgh-based crypto wallet, has today announced the launch of its Zumo virtual card in partnership with Modulr.
New kid on the block ICP breaks straight into top 10 as Doge-killer SHIBA storms in May 11, 2021 Bitcoin’s market dominance is actually up today – currently hovering above 45 per cent - having slipped to 44 per cent yesterday.
SSE and Equinor to build Scotland’s first carbon capture power station May 11, 2021 Energy heavyweights SSE and Equinor have tabled plans to build Scotland’s first power station using carbon capture technology, in a step towards a low carbon future. If repurposed, the gas-fired unit at Peterhead, Aberdeenshire, could catch up to 1.5m tonnes of carbon dioxide from its emissions each year. The plans are still dependant on securing [...]
Mining sector needs $1.7 trillion investment for decarbonisation May 10, 2021 Mining companies need to invest an eyewatering $1.7 trillion over the next 15 years to stick to Paris Agreement commitments, according to consultancy Wood Mackenzie. The decarbonisation investment figure comes as UK mining group Weir released a report today which found that the mining industry uses around 3.5 per cent of global energy. “Mining needs [...]
