Category Archive : Denmark

crypto: Despite regulatory hurdles, new crypto ventures abound

Rohit Jain, the head of the recently launched CoinDCX Ventures, is swamped with pitch decks from aspiring crypto entrepreneurs even as the chorus of a long and harsh crypto winter grows stronger by the day.

“Every week, we hear 20–30 pitches. In the last 2-3 months, when we hadn’t even formally launched, we were getting close to 100 pitches every month, if not more,” said Jain. “We have closed seven investments and two are in the final stages.”

Unfazed by a severe crypto market crash, the imposition of a high income tax rate by the Indian government, a massive dip in trading volumes, the collapse of a popular token and continuing global uncertainty around digital asset regulation, Indian entrepreneurs have continued launching scores of new crypto ventures supported by strong angel funding.

Not wanting to miss the Web 3.0 bus, Indian tech entrepreneurs are quickly finding need gaps in the crypto ecosystem and building new products that solve investor pinpoints.

“We have seen that for many young Indian investors, crypto was their first ever investment, but the biggest problem they faced was at the discovery stage of the transaction. Hence, we wanted a product like a…

Read more at economictimes.indiatimes.com

Billionaires Are The Drivers Of Innovation In The Energy Industry

Some of the world’s most famous billionaires have long had a hand in traditional and innovative energy projects, but just how much do they shape the perception of the industry? For example, when Elon Musk announces a major Tesla purchase of Bitcoin or critiques the digital currency, people listen. So, how do their investments in different energy projects or scepticism about energy developments shape public opinion?  Bill Gates created his energy firm, TerraPower, to commence work on a new nuclear project in rural Wyoming. He intends to build a new form of nuclear reactor, setting up a plant in Kemmerer, a town previously known for coal mining, by 2028. The facility is expected to create hundreds of new jobs in green energy, as the town shifts away from its fossil fuel-driven past. 

TerraPower and the U.S. Department of Energy will spend an anticipated $4 billion on the plant and will put Kemmerer on the map for its energy production. Gates’ firm and its partner GE-Hitachi have developed a new form of reactor using Natrium technology, which the companies believe is safer than traditional nuclear power mechanisms. It is a sodium-cooled reactor coupled with a…

Read more at oilprice.com

Global Web 3.0 Blockchain Market Competition Forecast and Opportunities to 2027 – Growing Popularity of Digital Assets, Cryptocurrency and Rollout of 5G and 6G Technologies is Creating High Demand

DUBLIN–(BUSINESS WIRE)–The “Global Web 3.0 Blockchain Market, By Blockchain Type (Public, Private, Consortium, and Hybrid), By Application, By Vertical, By Organization Size, By Region, Competition Forecast and Opportunities, 2017-2027” report has been added to ResearchAndMarkets.com’s offering.

The global web 3.0 blockchain market is anticipated to grow at a formidable rate during the forecast period. The market growth can be attributed to the continuous evolution of technologies and shifts in data ownership toward users. Web 3.0 blockchain, also known as the decentralized web, is the third internet generation that utilizes decentralized ledger technology (DLT), machine learning (ML), and Big Data.

Web 3.0 blockchain provides users an enhanced browsing experience and enables them to analyze data more efficiently. Web 3.0 is more user-friendly and interactive than previous versions. Leading government authorities are launching digital transformation initiatives to provide a regulatory framework for supporting the growth of the Web 3.0 blockchain.

Rising concerns related to data security and increasing investments from companies to expand the applications of web 3.0…

Read more at www.crypto-reporter.com

Global Web 3.0 Blockchain Market Competition Forecast and Opportunities to 2027 – Growing Popularity of Digital Assets, Cryptocurrency and Rollout of 5G and 6G Technologies is Creating High Demand – ResearchAndMarkets.com

The “Global Web 3.0 Blockchain Market, By Blockchain Type (Public, Private, Consortium, and Hybrid), By Application, By Vertical, By Organization Size, By Region, Competition Forecast and Opportunities, 2017-2027” report has been added to ResearchAndMarkets.com’s offering.

The global web 3.0 blockchain market is anticipated to grow at a formidable rate during the forecast period. The market growth can be attributed to the continuous evolution of technologies and shifts in data ownership toward users. Web 3.0 blockchain, also known as the decentralized web, is the third internet generation that utilizes decentralized ledger technology (DLT), machine learning (ML), and Big Data.

Web 3.0 blockchain provides users an enhanced browsing experience and enables them to analyze data more efficiently. Web 3.0 is more user-friendly and interactive than previous versions. Leading government authorities are launching digital transformation initiatives to provide a regulatory framework for supporting the growth of the Web 3.0 blockchain.

Rising concerns related to data security and increasing investments from companies to expand the applications of web 3.0 blockchain are expected to…

Read more at www.benzinga.com

Kings of crypto say it’s the solution without knowing what the problem is

Rishi Sunak was branded the ‘Bitcoin’ Chancellor.

If you had doubts over whether the latest cryptocurrency correction would make mainstream news, you needed look no further than the House of Commons this week. In a duel between Ed Miliband and Rishi Sunak, the Labour frontbencher used the current price plummet as his attack line:

“Crypto has crashed and so has the Chancellor,” he raged, arms aloft. “How similar they are. They came out of nowhere, the value surged, and they looked like the future. But it’s all turned out to be one giant Ponzi scheme.”

This might seem an overly harsh assessment of a technology that’s been changing the world and making headlines for the last five years. Though the two largest cryptocurrencies – Bitcoin and Ethereum – have fallen over 30 per cent since January, is this merely another dip to be followed by a whiplashing high?

Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, was right when he said Bitcoin was unlikely to have a future as a payments network. The long-term reasons are inescapable. Bitcoin in particular is dreadful for the environment,…

Read more at www.cityam.com

Ethereum (ETH) and Calyx Token (CLX) could soar if this happens



ANI |
Updated:
May 18, 2022 11:44 IST

New Delhi [India], May 18 (ANI/ATK): A significant change to the Ethereum (ETH) blockchain’s operation, and whether Calyx Token (CLX) fulfils its revolutionary promises, could have impacted the interest of cryptocurrency investors.
Despite the fact that many of the most exciting innovations in the crypto space (such as the creation of NFTs and smart contracts) originated on the Ethereum (ETH) blockchain, Ethereum (ETH) has faced tough competition from Bitcoin (BTC).
Bitcoin’s (BTC) market capitalisation remains nearly twice that of Ethereum (ETH), and many casual investors may keep a close eye on the price of BTC but appear to pay little or no attention to what’s going on with ETH.
All of that, however, could change later this year. After a much-anticipated change to its technological infrastructure, ETH may fetch keen interest of crypto investors for holding it in their portfolio.
Additionally, the long-awaited launch of the upcoming liquidity protocol, Calyx Token (CLX), could lead to a major transformation in the way exchange…

Read more at www.aninews.in

Cryptocurrency: What Is It and When Is It Useful?

While many different payment services are operating globally, most experts agree that cryptocurrencies, such as Bitcoin, are the future of money. Bitcoin is the ultimate leader in the world of cryptocurrencies, but Dogecoin, Solana, Ethereum, Terra, Aave, and Uniswap are growing in popularity.

With every passing day, things for the global cryptocurrency ecosystem look better due to specific rules and regulations which offer more opportunities for crypto traders. Rules and regulations are shaping the entire financial industry, and cryptocurrencies can significantly impact the whole system in the years to come. In the following sections, we delve deeper into the crypto ecosystem and its considerable benefits.

What Is Cryptocurrency and How do Cryptocurrencies Work?

All cryptocurrencies, including Bitcoin, are digital assets, so they only exist virtually. Unlike all fiat currencies, which are monitored by monetary authorities in the form of banks or governments, cryptocurrencies are traded over the Internet completely free of any financial authority.

Bitcoin, launched in 2008, relies on cryptography as its central security system, and the same is true for other…

Read more at www.otsnews.co.uk

Astralis Terminates Roobet Partnership

Astralis, the Danish esports organization, terminated its partnership with Roobet a day after making a public announcement about the arrangement. Roobet is an online casino brand that has been working to build a name for itself since its launch in 2019.

The operator is known for being among the leading crypto casinos with a Curacao gambling license. If you are interested in learning about the operator, read more about Roobet here.

According to a recent statement by Astralis, the company spokesperson admitted that they had failed to perform due diligence as required by local laws, hence the frustration of its contract with Roobet.

A day before the sad news, the two companies had announced a two-year partnership deal. The agreement entailed having Roobet’s logo featuring on the jerseys of Astralis’ CS: GO roster and all digital platforms.

Besides the jersey sponsorship agreement, the two brands were poised to collaborate on a host of other projects that would have benefited both brands. The termination of the partnership will therefore hurt both Astralis and Roobet.

When commenting on the matter, Astralis CEO Anders Horsholt noted as follows:

“We have advised Roobet on…

Read more at gaminglyfe.com

The Europe Hyperscale Data Center Market to Reach $36.5 Billion by 2027. Nordic Region to Attract Hyperscale Investment in the Next 3 Years – Arizton

SIRIUS MANAGEMENT CONSULTING

The European hyperscale data center market was valued at $25.7 billion in 2021 and is expected to reach $36.5 billion by 2027.

Chicago, May 16, 2022 (GLOBE NEWSWIRE) — According to latest research report by Arizton, Europe hyperscale data center market will grow at a CAGR of 5.6% during 2022-2027. The Nordic region will attract more hyperscale projects over the next three years. However, colocation investments in hyperscale facilities will mostly be dependent on service demand. Iceland will be a sought-after location for bitcoin mining operations and is likely to have a major impact on other Nordic regions during the forecast period.

Europe Hyperscale Data Center Market Report Scope

REPORT ATTRIBUTES

Details

MARKET SIZE BY INVESTMENT (2027)

$36.5 Billion

MARKET SIZE BY AREA (2027)

7.6 Million Sq. Ft

MARKET SIZE BY POWER CAPACITY (2027)

1,636 MW

CAGR BY INVESTMENT (2022-2027)

5.6%

BASE YEAR

2021

FORECAST YEAR

2022-2027

GEOGRAPHY COVERED

Europe (Western Europe, Nordics, And Central & Eastern Europe)

Click Here to Download the Free Sample Report

Adoption of OCP & Hyperscale Infrastructure

The data center market in Europe is witnessing advancements and innovations in design…

Read more at finance.yahoo.com

The Europe Hyperscale Data Center Market to Reach $36.5

Chicago, May 16, 2022 (GLOBE NEWSWIRE) — According to latest research report by Arizton, Europe hyperscale data center market will grow at a CAGR of 5.6% during 2022-2027. The Nordic region will attract more hyperscale projects over the next three years. However, colocation investments in hyperscale facilities will mostly be dependent on service demand. Iceland will be a sought-after location for bitcoin mining operations and is likely to have a major impact on other Nordic regions during the forecast period.

Europe Hyperscale Data Center Market Report Scope

REPORT ATTRIBUTESDetails
MARKET SIZE BY INVESTMENT (2027)$36.5 Billion  
MARKET SIZE BY AREA (2027)7.6 Million Sq. Ft
MARKET SIZE BY POWER CAPACITY (2027)1,636 MW
CAGR BY INVESTMENT (2022-2027)5.6% 
BASE YEAR2021 
FORECAST YEAR2022-2027
GEOGRAPHY COVEREDEurope (Western Europe, Nordics, And Central & Eastern Europe)

Click Here to Download the Free Sample Report

Adoption of OCP & Hyperscale Infrastructure

The data center market in Europe is witnessing advancements and innovations in design and infrastructure. Several data centers are being built according to the Open Compute Project (OCP)-ready design. In recent…

Read more at www.globenewswire.com