PALO ALTO, CA / ACCESSWIRE / June 2, 2021 / Bitcoin Latinum, the next-generation insured Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing a groundbreaking green initiative to achieve a carbon net-zero footprint, as a commitment to sustainable environmental practices and support of the Crypto Climate Accord.
Legacy tokens, including Bitcoin and Ethereum, rely on a proof-of-work system to confirm transactions generated through mining, which has proven to be detrimental to the environment given the massive electricity demands have increased the consumption of fossil fuels such as coal.
PricewaterhouseCoopers recently released its 3rd Annual Global Crypto Hedge Fund Report 2021, as reported by bitcoinmagazine.com.
Slated to become the world’s largest insured digital asset, Bitcoin Latinum has appointed Marsh & McLennan, one of the world’s leading specialty insurance brokers and risk advisers, to arrange a comprehensive insurance program for the new cryptocurrency through their Asia division, Marsh Asia.
Bitcoin Latinum sold out its initial pre-sale with over nine figures committed from buyers across the globe in November 2020.
The Bitcoin Latinum tokens are a part of a blockchain ecosystem being adopted by numerous companies in media, gaming, storage, cloud, and telecommunications.
As reported by Yahoo Finance: “Bitcoin is now considered an investable asset.
Donald Basile, Monsoon’s CEO and founder, is the former CEO of Fusion IO, a company known for playing a major role in implementing the cloud systems at Apple and Facebook as well as partnerships with HP, IBM, and Dell.
Monsoon Blockchain Corporation leverages the latest blockchain technology to develop powerful business solutions that allow the successful digitization of and listing of assets across a variety of industries, including financial services, telecommunications, and media and entertainment.
Any Bitcoin Latinum offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized investment advice.
As the Israeli-Palestinian conflict’s bloodiest chapter in years played out last month, the world’s biggest sovereign wealth fund said it was dropping two Israeli companies from its investment portfolio on humanitarian grounds.
Huawei will start rolling out HarmonyOS on certain models of its smartphones from Wednesday evening, offering users the chance to switch from the current operating system that is based on Google’s Android platform.
Boeing’s share of the single-aisle jetliner market – where it competes in a global duopoly with Airbus – has faded from some 50% a decade ago to roughly 35% after the 737 MAX’s lengthy grounding, according to Agency Partners and other analysts.
— Gold headed for the first decline in three sessions as bond yields rose after a string of positive economic readings helped spur optimism in the recovery from the pandemic.The yield on the benchmark 10-year Treasury rose two basis points, hurting demand for non-interest-bearing bullion.Gold gave up gains after U.S.
The move, which came just weeks after Cathay said it would close a pilot base in Canada and hours before the airline on Tuesday evening said it would proceed with plans to shut its pilot bases in Australia, points to a move away from a long-term strategy of employing many expatriates.
— Canada’s main stock index rose above 20,000 for the first time Tuesday, aided by a gain in energy shares, a rotation to value stocks and global economies emerging from the depths of Covid-19 lockdowns.The S&P/TSX Composite Index jumped as much as 1.5% before paring those gains to close up 1.2% at 19,976.01.
stocks inched lower as investors assessed the impact of another economic report on Federal Reserve monetary policy.The S&P 500 fluctuated between gains and losses after U.S.
— A selloff in China Huarong Asset Management Co.’s bonds is once again broadening to the nation’s other major bad-debt managers, raising the stakes for Beijing as it weighs an industry overhaul.Dollar notes issued by China Cinda Asset Management Co., China Orient Asset Management Co.