Why Blockchain Isn’t Helping the Oil and Gas Industry as Expected?

Blockchain technology has been heralded as a transformative solution for various industries, including oil and gas. The promise of blockchain lies in its ability to enhance transparency, improve efficiency, and streamline operations by providing a decentralized,...

Reducing fossil fuel extraction may imply persistent negative effects for fossil fuel-producing economies – The Centre for Economic Policy Research (CEPR)

Reaching net zero emissions by 2050 will require an 80% reduction in global fossil fuel extraction compared with 2021 levels. This column estimates the macroeconomic consequences for fossil fuel-producing countries of large declines in extraction, based on a new...

Nevada Orders Custodian Prime Trust To End Operations – Forbes Feature

Nevada regulators ordered Prime Trust to end operations on Thursday, after the cryptocurrency custodian was unable to satisfy customer withdrawal requests. The decision was announced just hours after rival BitGo announced it was abandoning a takeover of the company....

Oil Prices Fall As Fears Of A Global Economic Slowdown Grow  Oilprice.com

Oil prices continued to decline on Friday, with WTI falling below $69 and Brent below $73.50. Concerns of a global economic slowdown are weighing on oil prices, particularly after Jerome Powell suggested more interest rate hikes were coming. Despite concerns of an...

Crypto during a recession: Here’s what to expect  Bankrate

Bitcoin and other cryptocurrencies have been on a roller coaster ride over the last 18 months, starting in late 2021, when the Federal Reserve announced that it would aggressively raise interest rates to combat inflation at multi-decade highs. Higher rates threw...