Celsius boss Alex Mashinsky may be largely responsible for many of the firm’s unprofitable trades leading up to its bankruptcy. A new report from the Financial Times (FT) suggests that the CEO may have taken over trading operations back in January. He then took actions with company funds that overruled the decisions of other executives with multiple years of finance experience. Mashinsky’s Massive Trades The latest info is according to multiple people familiar with the matter – though the information…
Tag: CRI
COSMETA – How Korean Students Aim to Solve US Labor Deficit through Blockchain and the Metaverse
COSMETA is an HR company seeking to be the first to provide human resource services in blockchain and the metaverse. The startup launched in 2021 and has already struck important partnerships with numerous organizations. Moreover, it collaborates with the world's largest community of Korean-American students. Currently, the team is preparing to launch a second-generation wallet and an IDO supplying liquidity to its DEX. This COSMETA review looks closely at one of the most innovative and unique initiatives in blockchain and…
1 month ago 
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CRI – World’s First Carbon Credit Generating Blockchain
The Bitcoin network is a massive consumer of electricity, leaving a substantial carbon footprint. Research estimates that the electricity used on the network produces annual carbon emissions of about 32 MtCO2. This means the Bitcoin network emits the same amount of carbon dioxide as Denmark. Moreover, new studies show that the network generates as much e-waste as the country of Luxembourg. Unfortunately, the continuous growth of the Bitcoin network will intensify its environmental impact. Although not all blockchains consume as…
2 years ago 256
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