'Merge' in: Ethereum slashes energy use with software upgradeThe new system will use 99.95% less energy, according to the Ethereum Foundation. The upgrade, which changes how transactions occur and how...
15 Sep, 2022, 03.33 PM IST
Ethereum blockchain has completed major software upgrade, co-founder saysUnder the change, Ethereum will move from a "proof of work" system, in which energy-hungry computers validate transactions by solving compl...
15 Sep, 2022, 03.06 PM IST
Cryptoverse: Ether snaps at bitcoin's heels in race for crypto crownBitcoin's dominance, or its share of the crypto market's market value, has slipped to 39.1% from this year's peak of 47.5% in mid-June, acc...
13 Sep, 2022, 11.15 AM IST
Tesla to accept dogecoin as payment for merchandise, says Elon MuskTesla CEO Elon Musk on Friday said the electric carmaker will accept meme-based digital currency dogecoin for merchandise.
14 Jan, 2022, 03.20 PM IST
How tweets by Tesla's Elon Musk have moved marketsIn September 2018, the U.S. Securities and Exchange Commission filed a lawsuit against Musk for fraud and sought to remove him from Tesla.
09 Nov, 2021, 10.54 AM IST
Ethereum jumps to record high amid crypto’s decentralized boomThe digital asset gained as much as 4.8% to $4,459.20, topping the previous record of $4,379.62 in May. The token traded around $4,387 as o...
30 Oct, 2021, 09.45 AM IST
Bitcoin tops $40,000 after Musk says Tesla could use it againBitcoin has gyrated to Musk's views for months since Tesla announced a $1.5 billion bitcoin purchase in February and said it would take the...
14 Jun, 2021, 10.30 PM IST
Tesla to accept bitcoin again when greenerElon Musk stated that Tesla will accept payments in the form of cryptocurrency 'when there's confirmation of reasonable (~50%) clean energy...
14 Jun, 2021, 11.43 AM IST
Bitcoin rises 9.8% to $39,035Bitcoin, the world's biggest and best-known cryptocurrency, is up 40.7% from the year's low of $27,734 on Jan. 4
14 Jun, 2021, 07.20 AM IST
Bitcoin jumps after Elon Musk says Tesla will accept crypto when miners use clean energyElon Musk also said that Tesla sold about 10% of holdings to confirm bitcoin could be liquidated easily without moving market.
14 Jun, 2021, 06.21 AM IST
Bitcoin resumes slide as energy usage debate whipsaws investorsThe largest digital currency slipped as much as 6.5% to $36,494 in New York, following a 16% jump on Monday. The wider Bloomberg Galaxy Cry...
26 May, 2021, 06.51 AM IST
Elon Musk jolts Bitcoin higher with push to burnish miners’ imageMusk and Michael Saylor, another long-time Bitcoin booster, tweeted that they held a call with major North American miners, including Micha...
25 May, 2021, 09.20 AM IST
Elon Musk tweets he supports crypto in battle against fiat currenciesBitcoin rose after Musk’s post to trade at around $38,150 as of 12:27 p.m. London time.
22 May, 2021, 06.38 PM IST
Bitcoin posts record weekly outflows as gains stallSince hitting a record just under $65,000 in mid-April, bitcoin's price has fallen 35%. Bitcoin was down 5.2% at $44,073, driven by tweets ...
18 May, 2021, 07.38 AM IST
Why does Bitcoin consume 'insane' energy?"If Bitcoin was a country, it would use around the same amount of electricity a year to mine as Switzerland does in total," Deutsche Bank a...
15 May, 2021, 02.28 PM IST
Elon Musk wants a greener bitcoin. Has he got a plan or a pipedream?Tesla can itself take an active role in helping make bitcoin greener by investing in new projects aimed at boosting the use of renewable en...
14 May, 2021, 01.25 PM IST
Elon Musk decries bitcoin's 'insane' energy use after Tesla U-turnElon Musk tweets a graph of bitcoin's power consumption, saying "Energy usage trend over past few months is insane." This, after he earlier...
13 May, 2021, 08.09 PM IST