Bitcoin and Ethereum fell for a fifth day as the ongoing war in Ukraine offset news yesterday the European Union voted against effectively banning crypto mining on environmental grounds. A European Parliament committee yesterday rejected a move to limit the use of cryptocurrencies powered by an energy-intensive computing process known as proof-of-work across the 27 member states.
Former Walt Disney Co boss Robert Iger said he is backing a metaverse start-up, In his first career move since leaving the entertainment company, where he was its chief executive from 2005 to 2020 and then continued as an executive chairperson until November, he joined the board of Genies Inc.