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Crusoe Energy is tackling energy use for cryptocurrencies and data centers and greenhouse gas emissions The two founders of Crusoe Energy think they may have a solution to two of the largest problems facing the planet today the increasing energy footprint of the tech industry and the greenhouse gas emissions associated with the natural gas industry. Crusoe, which uses excess natural gas from energy operations to power data centers and cryptocurrency mining operations, has just raised $128 million in new financing from some of the top names in the venture capital industry to build out its operations and the timing couldn’t be better. ....
That email came from Olaf Carlson-Wee, who in 2012 had just graduated from Vassar College with a degree in sociology He d written his undergraduate thesis on bitcoin and the larger implications of open source finance. He was also one of Coinbase s earliest users, he said in a 2016 interview with the Y Combinator blog, and he wanted to work there. I literally cold emailed jobs@coinbase and said, I love bitcoin. Here s my thesis. I ll do any job, Carlson-Wee told Y Combinator. After becoming employee No. 1 with a job in customer support at the then-fledgling company, for his three years there, Carlson-Wee was paid entirely in bitcoin, according to the Wall Street Journal, with a starting salary of $50,000. ....
NFTs, crypto madness and blockchain in the enterprise SHARE When a piece of digital art sells for $69. million, more than has ever been paid for works by Paul Gauguin or Salvador Dali, and makes its creator the third most expensive living artist in the world, one can’t help but take notice and ask: “What is going on?” The latest craze around nonfungible tokens, or NFTs, may feel a bit bubblicious, but it’s yet another sign that the digital age is now fully upon us. In this Breaking Analysis we want to take a look at some of the trends that may have observers and investors scratching their heads, but we think still offer insight to the future and possibly some opportunities for young investors. And we’ll briefly touch on how these trends may relate to enterprise tech. ....
Coinbase CEO Brian Armstrong's bet on cryptocurrency is about to pay off with Coinbase's direct listing on Nasdaq bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Quick Take Crypto Twitter likes to meme about bitcoin markets turning bearish when Asia-based traders come online. Data suggests this is actually happening but prominent crypto traders aren’t exactly sure what’s driving it. Crypto Twitter likes to meme about bitcoin markets turning bearish when Asia-based traders come online, but there s truth to it. Subscribe to The Block to Unlock this Feature ....