The Spain-based company will tokenize debt financing for solar and battery installations in partnership with Taurus and the Stellar Development Foundation. Turbo Energy (Nasdaq: TURB) is launching a pilot project to tokenize financing for hybrid renewable energy systems, starting with an on-site solar and battery installation at a supermarket in Spain. The initiative aims to demonstrate how blockchain-based debt instruments can fund distributed energy projects. The project is being developed in collaboration with digital asset infrastructure firm Taurus and the Stellar Development Foundation. According to an announcement, the pilot will test how tokenized financing can support liquidity and improve capital access to renewable energy funding. Energy-as-a-Service is a model that allows customers to pay for energy use or performance without owning any equipment. It allows businesses to access clean energy through subscription-style contracts while providers handle installation, maintenance and operation. Read mo...
Ideosphere wants to redirect crypto’s speculative energy into scientific prediction markets, betting on research results that finance scientific research. The co-founders of the decentralized science startup Ideosphere told Cointelegraph they aim to redirect the speculative energy of crypto prediction markets toward financing early-stage scientific research. Speaking to Cointelegraph at the Blockchain for Good Awards event in Copenhagen, Denmark, Ideosphere co-founder and head of technology Rei Jarram said that some research is considered too risky to invest in through traditional channels. She said that seeing the volume of money flowing to crypto gambling platforms prompted the project’s founders to wonder “if you could kind of siphon some of that speculation away from gambling toward early-stage research.” Read more
After announcing the “largest forfeiture action” in the history of the DOJ, the US faces questions about how it accessed the over 127,000 Bitcoin stolen from the LuBian mining pool. China’s national cyber defense agency has made big claims around the alleged role of the US in the multibillion-dollar hack of LuBian, once a major Chinese Bitcoin mining pool. The Chinese National Computer Virus Emergency Response Center (CVERC), a state-backed cyber defense agency, on Sunday published a technical analysis report on the 127,272 Bitcoin (BTC) stolen in the LuBian hack. Although the hack occurred in December 2020, it remained largely unknown to the public until recently, with Arkham reporting it in August as the “largest ever” Bitcoin hack. Read more
Crypto Kid began creating crypto content at 14, and now he’s thinking of taking profits to buy a Ferrari to drive during the bear market. Efe Kelemci better known on YouTube as Crypto Kid is facing a pretty wild decision for an 18-year-old. Should he blow almost a million dollars on a sports car, or hodl? Im thinking, if this bull market is coming to an end, then maybe taking profit into a nice Ferrari could make sense just for passion, the Dubai-based crypto content creator and entrepreneur tells Magazine. Before you roll your eyes, the teenage crypto millionaire swears its about admiring the sports cars beauty, not flexing like a stereotypical flashy crypto bro. Read more
Crypto Kid began creating crypto content at 14, and now he’s thinking of taking profits to buy a Ferrari to drive during the bear market. Efe Kelemci better known on YouTube as Crypto Kid is facing a pretty wild decision for an 18-year-old. Should he blow almost a million dollars on a sports car, or hodl? Im thinking, if this bull market is coming to an end, then maybe taking profit into a nice Ferrari could make sense just for passion, the Dubai-based crypto content creator and entrepreneur tells Magazine. Before you roll your eyes, the teenage crypto millionaire swears its about admiring the sports cars beauty, not flexing like a stereotypical flashy crypto bro. Read more